NOTAIRE PATRICK LINKER: 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.
NOTAIRE PATRICK LINKER
Largest movements
- Receivables within one year +€55,746
up €55,746 (+10.9%), from €509,579 to €565,325
of which Trade receivables: +€29,616
- Cash +€34,514
up €34,514 (+12.4%), from €279,321 to €313,836
mainly Net result for the year (+€131,121) and Investment in fixed assets (net) (+€27,569)
- Tangible fixed assets -€31,152
down €31,152 (-81.9%), from €38,030 to €6,879
of which Furniture and vehicles: -€29,600
- Reserves +€131,000
up €131,000 (+23.2%), from €565,860 to €696,860
- Other debts -€42,912
down €42,912 (-65.0%), from €65,988 to €23,076
- Debts after one year -€13,704
no longer reported in 2025 (was €13,704)
- Trade debts -€9,882
down €9,882 (-16.2%), from €61,125 to €51,243
- Gross operating margin +€41,758
up €41,758 (+8.8%), from €476,912 to €518,670
- Financial income +€26,190
up €26,190 (+138%), from €18,970 to €45,161
- Taxes +€22,994
up €22,994 (+55.3%), from €41,605 to €64,599
- Depreciation -€5,463
down €5,463 (-60.4%), from €9,045 to €3,583
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 | €844,878 | €905,434 | +€60,556 | +7.2% |
| Fixed assets | 21/28 | €38,030 | €6,879 | -€31,152 | -81.9% |
| Tangible fixed assets | 22/27 | €38,030 | €6,879 | -€31,152 | -81.9% |
| Land and buildings | 22 | €5,278 | €3,726 | -€1,552 | -29.4% |
| Furniture and vehicles | 24 | €32,752 | €3,153 | -€29,600 | -90.4% |
| Current assets | 29/58 | €806,848 | €898,555 | +€91,707 | +11.4% |
| Amounts receivable within one year | 40/41 | €509,579 | €565,325 | +€55,746 | +10.9% |
| Trade receivables | 40 | €82,763 | €112,378 | +€29,616 | +35.8% |
| Other amounts receivable | 41 | €426,816 | €452,946 | +€26,130 | +6.1% |
| Cash at bank and in hand | 54/58 | €279,321 | €313,836 | +€34,514 | +12.4% |
| Deferred charges and accrued income | 490/1 | €17,947 | €19,395 | +€1,447 | +8.1% |
| Total equity and liabilities | 10/49 | €844,878 | €905,434 | +€60,556 | +7.2% |
| Equity | 10/15 | €572,398 | €703,519 | +€131,121 | +22.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €565,860 | €696,860 | +€131,000 | +23.2% |
| Distributable reserves | 133 | €565,860 | €696,860 | +€131,000 | +23.2% |
| Profit (loss) carried forward | 14 | €338 | €459 | +€121 | +35.7% |
| Amounts payable | 17/49 | €272,480 | €201,915 | -€70,565 | -25.9% |
| Amounts payable after more than one year | 17 | €13,704 | - | -€13,704 | |
| Financial debts | 170/4 | €13,704 | - | -€13,704 | |
| Amounts payable within one year | 42/48 | €250,776 | €194,783 | -€55,993 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €17,931 | €10,270 | -€7,662 | -42.7% |
| Trade debts | 44 | €61,125 | €51,243 | -€9,882 | -16.2% |
| Suppliers | 440/4 | €61,125 | €51,243 | -€9,882 | -16.2% |
| Taxes, remuneration and social security | 45 | €105,731 | €110,194 | +€4,464 | +4.2% |
| Taxes | 450/3 | €68,913 | €71,869 | +€2,956 | +4.3% |
| Remuneration and social security | 454/9 | €36,818 | €38,326 | +€1,508 | +4.1% |
| Other amounts payable | 47/48 | €65,988 | €23,076 | -€42,912 | -65.0% |
| Accrued charges and deferred income | 492/3 | €8,000 | €7,131 | -€869 | -10.9% |
| Remuneration, social security and pensions | 62 | €338,399 | €338,371 | -€28 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,045 | €3,583 | -€5,463 | -60.4% |
| Other operating charges | 640/8 | €19,384 | €20,265 | +€882 | +4.5% |
| Gross operating margin | 9900 | €476,912 | €518,670 | +€41,758 | +8.8% |
| Operating profit (loss) | 9901 | €110,084 | €156,452 | +€46,368 | +42.1% |
| Financial income | 75/76B | €18,970 | €45,161 | +€26,190 | +138% |
| Recurring financial income | 75 | €18,970 | €45,161 | +€26,190 | +138% |
| Financial charges | 65/66B | €2,185 | €5,893 | +€3,708 | +170% |
| Recurring financial charges | 65 | €2,185 | €5,893 | +€3,708 | +170% |
| Profit (loss) for the period before taxes | 9903 | €126,869 | €195,719 | +€68,850 | +54.3% |
| Income taxes | 67/77 | €41,605 | €64,599 | +€22,994 | +55.3% |
| Profit (loss) for the period | 9904 | €85,264 | €131,121 | +€45,857 | +53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €85,264 | €131,121 | +€45,857 | +53.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.