Peter Linmans: what changed
Two fiscal 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.
Peter Linmans
Largest movements
- Receivables within one year -€10,678
down €10,678 (-3.0%), from €360,678 to €350,000
of which Other amounts receivable: -€5,498
- Other debts -€20,623
down €20,623 (-4.4%), from €463,477 to €442,854
- Profit (loss) carried forward +€6,483
up €6,483 (+45.0%), from -€14,417 to -€7,934
- Gross operating margin +€14,481
up €14,481 (+47.2%), from -€30,663 to -€16,183
- Financial income +€2,188
up €2,188 (+8.3%), from €26,250 to €28,438
- Taxes -€485
new in 2025: -€485
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.
Cash bridge derived
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 | €456,281 | €441,331 | -€14,951 | -3.3% |
| Fixed assets | 21/28 | €21,695 | €17,502 | -€4,193 | -19.3% |
| Tangible fixed assets | 22/27 | €21,695 | €17,502 | -€4,193 | -19.3% |
| Plant, machinery and equipment | 23 | €12,831 | €11,817 | -€1,014 | -7.9% |
| Furniture and vehicles | 24 | €8,864 | €5,685 | -€3,179 | -35.9% |
| Current assets | 29/58 | €434,586 | €423,829 | -€10,757 | -2.5% |
| Stocks and contracts in progress | 3 | €60,000 | €62,500 | +€2,500 | +4.2% |
| Stocks | 30/36 | €60,000 | €62,500 | +€2,500 | +4.2% |
| Amounts receivable within one year | 40/41 | €360,678 | €350,000 | -€10,678 | -3.0% |
| Trade receivables | 40 | €5,180 | - | -€5,180 | |
| Other amounts receivable | 41 | €355,498 | €350,000 | -€5,498 | -1.5% |
| Cash at bank and in hand | 54/58 | €6,109 | €6,960 | +€851 | +13.9% |
| Deferred charges and accrued income | 490/1 | €7,799 | €4,369 | -€3,430 | -44.0% |
| Total equity and liabilities | 10/49 | €456,281 | €441,331 | -€14,951 | -3.3% |
| Equity | 10/15 | -€9,417 | -€2,934 | +€6,483 | +68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,417 | -€7,934 | +€6,483 | +45.0% |
| Amounts payable | 17/49 | €465,698 | €444,264 | -€21,434 | -4.6% |
| Amounts payable within one year | 42/48 | €465,698 | €444,264 | -€21,434 | -4.6% |
| Trade debts | 44 | €2,221 | €907 | -€1,314 | -59.1% |
| Suppliers | 440/4 | €2,221 | €907 | -€1,314 | -59.1% |
| Taxes, remuneration and social security | 45 | - | €503 | +€503 | |
| Taxes | 450/3 | - | €503 | +€503 | |
| Other amounts payable | 47/48 | €463,477 | €442,854 | -€20,623 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,252 | €5,324 | +€72 | +1.4% |
| Other operating charges | 640/8 | €821 | €867 | +€46 | +5.6% |
| Gross operating margin | 9900 | -€30,663 | -€16,183 | +€14,481 | +47.2% |
| Operating profit (loss) | 9901 | -€36,737 | -€22,373 | +€14,363 | +39.1% |
| Financial income | 75/76B | €26,250 | €28,438 | +€2,188 | +8.3% |
| Recurring financial income | 75 | €26,250 | €28,438 | +€2,188 | +8.3% |
| Financial charges | 65/66B | €72 | €66 | -€6 | -8.7% |
| Recurring financial charges | 65 | €72 | €66 | -€6 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,559 | €5,998 | +€16,557 | |
| Income taxes | 67/77 | - | -€485 | -€485 | |
| Profit (loss) for the period | 9904 | -€10,559 | €6,483 | +€17,042 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,559 | €6,483 | +€17,042 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.