North-Link Agencies: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
North-Link Agencies
Largest movements
- Cash +€48,278
up €48,278 (+55.7%), from €86,632 to €134,910
mainly Other debts (+€22,293) and Deferred charges and accrued income (+€15,763)
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€26,433
down €26,433 (-35.2%), from €75,117 to €48,684
- Financial income -€12,430
down €12,430 (-13.7%), from €90,920 to €78,490
- Gross operating margin +€6,865
up €6,865 (+23.5%), from -€29,152 to -€22,288
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,748,999 | €2,777,491 | +€28,492 | +1.0% |
| Fixed assets | 21/28 | €15 | - | -€15 | |
| Financial fixed assets | 28 | €15 | - | -€15 | |
| Current assets | 29/58 | €2,748,984 | €2,777,491 | +€28,507 | +1.0% |
| Amounts receivable within one year | 40/41 | €86,031 | €82,023 | -€4,008 | -4.7% |
| Trade receivables | 40 | €58,470 | €58,470 | = | 0.0% |
| Other amounts receivable | 41 | €27,561 | €23,553 | -€4,008 | -14.5% |
| Current investments | 50/53 | €2,550,000 | €2,550,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,632 | €134,910 | +€48,278 | +55.7% |
| Deferred charges and accrued income | 490/1 | €26,321 | €10,558 | -€15,763 | -59.9% |
| Total equity and liabilities | 10/49 | €2,748,999 | €2,777,491 | +€28,492 | +1.0% |
| Equity | 10/15 | -€54,722 | -€48,446 | +€6,276 | +11.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €698 | €698 | = | 0.0% |
| Non-distributable reserves | 130/1 | €698 | €698 | = | 0.0% |
| Legal reserve | 130 | €698 | €698 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,920 | -€110,644 | +€6,276 | +5.4% |
| Amounts payable | 17/49 | €2,803,721 | €2,825,937 | +€22,216 | +0.8% |
| Amounts payable within one year | 42/48 | €2,777,772 | €2,802,160 | +€24,388 | +0.9% |
| Trade debts | 44 | €33,695 | €35,790 | +€2,095 | +6.2% |
| Suppliers | 440/4 | €33,695 | €35,790 | +€2,095 | +6.2% |
| Other amounts payable | 47/48 | €2,744,076 | €2,766,370 | +€22,293 | +0.8% |
| Accrued charges and deferred income | 492/3 | €25,950 | €23,778 | -€2,172 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | - | -€93 | |
| Other operating charges | 640/8 | €1,495 | €1,227 | -€267 | -17.9% |
| Non-recurring operating charges | 66A | - | €15 | +€15 | |
| Gross operating margin | 9900 | -€29,152 | -€22,288 | +€6,865 | +23.5% |
| Operating profit (loss) | 9901 | -€30,739 | -€23,530 | +€7,210 | +23.5% |
| Financial income | 75/76B | €90,920 | €78,490 | -€12,430 | -13.7% |
| Recurring financial income | 75 | €90,920 | €78,490 | -€12,430 | -13.7% |
| Financial charges | 65/66B | €75,117 | €48,684 | -€26,433 | -35.2% |
| Recurring financial charges | 65 | €75,117 | €48,684 | -€26,433 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,937 | €6,276 | +€21,213 | |
| Profit (loss) for the period | 9904 | -€14,937 | €6,276 | +€21,213 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,937 | €6,276 | +€21,213 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.