THE LINEN HOUSE: what changed
THE LINEN HOUSE
Largest movements
- Receivables within one year -€30,671
down €30,671 (-6.6%), from €462,466 to €431,796
of which Trade receivables: -€39,770
- Cash +€12,052
up €12,052 (+6.7%), from €180,367 to €192,419
mainly Receivables within one year (+€30,671) and Trade debts (+€1,167)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€24,960
down €24,960 (-98.0%), from €25,471 to €511
- Taxes -€7,443
down €7,443 (-93.1%), from €7,995 to €552
- Financial income -€2,274
down €2,274 (-74.1%), from €3,070 to €796
- Depreciation +€771
up €771 (+374%), from €206 to €977
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €648,290 | €635,595 | -€12,695 | -2.0% |
| Fixed assets | 21/28 | €4,678 | €10,509 | +€5,832 | +125% |
| Tangible fixed assets | 22/27 | €4,678 | €10,509 | +€5,832 | +125% |
| Plant, machinery and equipment | 23 | €1,026 | €4,231 | +€3,206 | +312% |
| Furniture and vehicles | 24 | €3,652 | €6,278 | +€2,626 | +71.9% |
| Current assets | 29/58 | €643,612 | €625,086 | -€18,527 | -2.9% |
| Amounts receivable within one year | 40/41 | €462,466 | €431,796 | -€30,671 | -6.6% |
| Trade receivables | 40 | €49,966 | €10,196 | -€39,770 | -79.6% |
| Other amounts receivable | 41 | €412,500 | €421,599 | +€9,099 | +2.2% |
| Cash at bank and in hand | 54/58 | €180,367 | €192,419 | +€12,052 | +6.7% |
| Deferred charges and accrued income | 490/1 | €780 | €872 | +€92 | +11.8% |
| Total equity and liabilities | 10/49 | €648,290 | €635,595 | -€12,695 | -2.0% |
| Equity | 10/15 | €95,280 | €92,903 | -€2,377 | -2.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €657 | €657 | = | 0.0% |
| Non-distributable reserves | 130/1 | €657 | €657 | = | 0.0% |
| Reserves not available under the articles | 1311 | €657 | €657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,377 | -€107,754 | -€2,377 | -2.3% |
| Amounts payable | 17/49 | €553,010 | €542,692 | -€10,318 | -1.9% |
| Amounts payable within one year | 42/48 | €553,010 | €542,692 | -€10,318 | -1.9% |
| Trade debts | 44 | €2,131 | €3,297 | +€1,167 | +54.7% |
| Suppliers | 440/4 | €2,131 | €3,297 | +€1,167 | +54.7% |
| Taxes, remuneration and social security | 45 | €5,082 | €0 | -€5,082 | -100% |
| Taxes | 450/3 | €5,082 | €0 | -€5,082 | -100% |
| Other amounts payable | 47/48 | €545,798 | €539,395 | -€6,403 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206 | €977 | +€771 | +374% |
| Other operating charges | 640/8 | €1,980 | €1,929 | -€51 | -2.6% |
| Gross operating margin | 9900 | €25,471 | €511 | -€24,960 | -98.0% |
| Operating profit (loss) | 9901 | €23,285 | -€2,396 | -€25,681 | |
| Financial income | 75/76B | €3,070 | €796 | -€2,274 | -74.1% |
| Recurring financial income | 75 | €3,070 | €796 | -€2,274 | -74.1% |
| Financial charges | 65/66B | €60 | €224 | +€164 | +274% |
| Recurring financial charges | 65 | €60 | €224 | +€164 | +274% |
| Profit (loss) for the period before taxes | 9903 | €26,295 | -€1,824 | -€28,119 | |
| Income taxes | 67/77 | €7,995 | €552 | -€7,443 | -93.1% |
| Profit (loss) for the period | 9904 | €18,299 | -€2,377 | -€20,676 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,299 | -€2,377 | -€20,676 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.