P-Linck: 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.
P-Linck
Largest movements
- Cash -€16,947
down €16,947 (-52.5%), from €32,266 to €15,319
mainly Contributions, distributions and other (-€24,700) and Debts after one year (-€6,125)
- Tangible fixed assets -€8,826
down €8,826 (-35.2%), from €25,055 to €16,229
of which Furniture and vehicles: -€13,244
- Receivables within one year +€4,228
up €4,228 (+23.1%), from €18,273 to €22,501
of which Trade receivables: +€5,204
- Reserves -€12,227
down €12,227 (-26.5%), from €46,205 to €33,978
- Debts after one year -€6,125
down €6,125 (-74.8%), from €8,184 to €2,059
- Tax, wage and social debts -€1,921
down €1,921 (-17.1%), from €11,234 to €9,312
- Trade debts -€1,723
no longer reported in 2025 (was €1,723)
- Depreciation -€6,206
down €6,206 (-72.9%), from €8,511 to €2,305
- Gross operating margin -€5,768
down €5,768 (-16.4%), from €35,195 to €29,427
- Taxes -€828
down €828 (-11.7%), from €7,077 to €6,249
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 | €76,395 | €54,475 | -€21,921 | -28.7% |
| Fixed assets | 21/28 | €25,055 | €16,229 | -€8,826 | -35.2% |
| Tangible fixed assets | 22/27 | €25,055 | €16,229 | -€8,826 | -35.2% |
| Plant, machinery and equipment | 23 | €570 | €337 | -€233 | -40.9% |
| Furniture and vehicles | 24 | €17,241 | €3,997 | -€13,244 | -76.8% |
| Other tangible fixed assets | 26 | €7,244 | €11,895 | +€4,651 | +64.2% |
| Current assets | 29/58 | €51,340 | €38,245 | -€13,095 | -25.5% |
| Amounts receivable within one year | 40/41 | €18,273 | €22,501 | +€4,228 | +23.1% |
| Trade receivables | 40 | €16,412 | €21,616 | +€5,204 | +31.7% |
| Other amounts receivable | 41 | €1,861 | €885 | -€976 | -52.5% |
| Cash at bank and in hand | 54/58 | €32,266 | €15,319 | -€16,947 | -52.5% |
| Deferred charges and accrued income | 490/1 | €801 | €425 | -€376 | -46.9% |
| Total equity and liabilities | 10/49 | €76,395 | €54,475 | -€21,921 | -28.7% |
| Equity | 10/15 | €49,205 | €36,978 | -€12,227 | -24.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,205 | €33,978 | -€12,227 | -26.5% |
| Distributable reserves | 133 | €46,205 | €33,978 | -€12,227 | -26.5% |
| Amounts payable | 17/49 | €27,190 | €17,497 | -€9,694 | -35.7% |
| Amounts payable after more than one year | 17 | €8,184 | €2,059 | -€6,125 | -74.8% |
| Financial debts | 170/4 | €8,184 | €2,059 | -€6,125 | -74.8% |
| Amounts payable within one year | 42/48 | €19,006 | €15,438 | -€3,568 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €6,049 | €6,125 | +€76 | +1.3% |
| Trade debts | 44 | €1,723 | - | -€1,723 | |
| Suppliers | 440/4 | €1,723 | - | -€1,723 | |
| Taxes, remuneration and social security | 45 | €11,234 | €9,312 | -€1,921 | -17.1% |
| Taxes | 450/3 | €11,234 | €9,312 | -€1,921 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,511 | €2,305 | -€6,206 | -72.9% |
| Other operating charges | 640/8 | €1,243 | €1,383 | +€140 | +11.3% |
| Non-recurring operating charges | 66A | - | €7,112 | +€7,112 | |
| Gross operating margin | 9900 | €35,195 | €29,427 | -€5,768 | -16.4% |
| Operating profit (loss) | 9901 | €25,441 | €18,628 | -€6,813 | -26.8% |
| Financial income | 75/76B | €53 | €291 | +€238 | +453% |
| Recurring financial income | 75 | €53 | €291 | +€238 | +453% |
| Financial charges | 65/66B | €242 | €197 | -€45 | -18.6% |
| Recurring financial charges | 65 | €242 | €197 | -€45 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €25,251 | €18,721 | -€6,530 | -25.9% |
| Income taxes | 67/77 | €7,077 | €6,249 | -€828 | -11.7% |
| Profit (loss) for the period | 9904 | €18,174 | €12,473 | -€5,702 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,174 | €12,473 | -€5,702 | -31.4% |
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 30 October 2026 via checked.be.