SOW LINSAN: 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.
SOW LINSAN
Largest movements
- Receivables within one year -€5,861
down €5,861 (-79.3%), from €7,394 to €1,533
- Cash +€1,914
up €1,914 (+30.5%), from €6,266 to €8,180
mainly Receivables within one year (+€5,861) and Net result for the year (+€2,524)
- Tangible fixed assets +€381
up €381 (+24.9%), from €1,530 to €1,912
of which Plant, machinery and equipment: +€1,147
- Financial fixed assets +€201
new in 2024: €201
- Trade debts -€8,349
down €8,349 (-93.9%), from €8,895 to €546
- Profit (loss) carried forward +€2,524
up €2,524, from -€1,928 to €596
- Tax, wage and social debts +€2,461
up €2,461 (+1,101%), from €224 to €2,684
of which Taxes: +€1,402
- Staff costs +€7,393
up €7,393, from €0 to €7,393
- Gross operating margin +€2,209
up €2,209 (+21.3%), from €10,381 to €12,590
- Taxes +€1,154
up €1,154 (+466%), from €247 to €1,402
- Financial income -€812
no longer reported in 2024 (was €812)
- Financial charges -€662
no longer reported in 2024 (was €662)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,190 | €11,826 | -€3,364 | -22.1% |
| Fixed assets | 21/28 | €1,530 | €2,113 | +€583 | +38.1% |
| Tangible fixed assets | 22/27 | €1,530 | €1,912 | +€381 | +24.9% |
| Plant, machinery and equipment | 23 | - | €1,147 | +€1,147 | |
| Furniture and vehicles | 24 | €1,530 | €765 | -€765 | -50.0% |
| Financial fixed assets | 28 | - | €201 | +€201 | |
| Current assets | 29/58 | €13,660 | €9,713 | -€3,947 | -28.9% |
| Amounts receivable within one year | 40/41 | €7,394 | €1,533 | -€5,861 | -79.3% |
| Other amounts receivable | 41 | €7,394 | €1,533 | -€5,861 | -79.3% |
| Cash at bank and in hand | 54/58 | €6,266 | €8,180 | +€1,914 | +30.5% |
| Total equity and liabilities | 10/49 | €15,190 | €11,826 | -€3,364 | -22.1% |
| Equity | 10/15 | €6,072 | €8,596 | +€2,524 | +41.6% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,928 | €596 | +€2,524 | |
| Amounts payable | 17/49 | €9,118 | €3,230 | -€5,888 | -64.6% |
| Amounts payable within one year | 42/48 | €9,118 | €3,230 | -€5,888 | -64.6% |
| Trade debts | 44 | €8,895 | €546 | -€8,349 | -93.9% |
| Suppliers | 440/4 | €8,895 | €546 | -€8,349 | -93.9% |
| Taxes, remuneration and social security | 45 | €224 | €2,684 | +€2,461 | +1,101% |
| Taxes | 450/3 | €224 | €1,626 | +€1,402 | +627% |
| Remuneration and social security | 454/9 | - | €1,059 | +€1,059 | |
| Remuneration, social security and pensions | 62 | €0 | €7,393 | +€7,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €765 | €1,169 | +€403 | +52.7% |
| Other operating charges | 640/8 | €664 | €102 | -€562 | -84.6% |
| Gross operating margin | 9900 | €10,381 | €12,590 | +€2,209 | +21.3% |
| Operating profit (loss) | 9901 | €8,952 | €3,926 | -€5,026 | -56.1% |
| Financial income | 75/76B | €812 | - | -€812 | |
| Recurring financial income | 75 | €812 | - | -€812 | |
| Financial charges | 65/66B | €662 | - | -€662 | |
| Recurring financial charges | 65 | €662 | - | -€662 | |
| Profit (loss) for the period before taxes | 9903 | €9,101 | €3,926 | -€5,175 | -56.9% |
| Income taxes | 67/77 | €247 | €1,402 | +€1,154 | +466% |
| Profit (loss) for the period | 9904 | €8,854 | €2,524 | -€6,330 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,854 | €2,524 | -€6,330 | -71.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.