LIN-HAN: 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.
LIN-HAN
Largest movements
- Cash +€18,422
up €18,422 (+11.0%), from €167,679 to €186,101
mainly Net result for the year (+€22,358) and Depreciation (+€16,343)
- Tangible fixed assets +€5,791
up €5,791 (+13.1%), from €44,216 to €50,007
of which Furniture and vehicles: +€7,097
- Reserves +€22,358
up €22,358 (+15.4%), from €145,515 to €167,874
- Debts after one year -€8,117
down €8,117 (-37.5%), from €21,623 to €13,506
- Other debts +€5,472
up €5,472 (+36.9%), from €14,814 to €20,285
- Tax, wage and social debts +€3,228
up €3,228 (+813%), from €397 to €3,624
of which Taxes: +€3,347
- Trade debts +€2,749
up €2,749 (+56.4%), from €4,874 to €7,623
- Gross operating margin +€4,695
up €4,695 (+9.3%), from €50,320 to €55,015
- Taxes +€906
up €906 (+10.9%), from €8,300 to €9,206
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 | €222,474 | €247,912 | +€25,439 | +11.4% |
| Fixed assets | 21/28 | €44,216 | €50,007 | +€5,791 | +13.1% |
| Tangible fixed assets | 22/27 | €44,216 | €50,007 | +€5,791 | +13.1% |
| Plant, machinery and equipment | 23 | €20,640 | €19,334 | -€1,306 | -6.3% |
| Furniture and vehicles | 24 | €23,576 | €30,673 | +€7,097 | +30.1% |
| Current assets | 29/58 | €178,258 | €197,905 | +€19,647 | +11.0% |
| Stocks and contracts in progress | 3 | €4,514 | €5,780 | +€1,266 | +28.0% |
| Stocks | 30/36 | €4,514 | €5,780 | +€1,266 | +28.0% |
| Amounts receivable within one year | 40/41 | €3,917 | €2,337 | -€1,580 | -40.3% |
| Trade receivables | 40 | €1,139 | €887 | -€252 | -22.2% |
| Other amounts receivable | 41 | €2,778 | €1,450 | -€1,328 | -47.8% |
| Cash at bank and in hand | 54/58 | €167,679 | €186,101 | +€18,422 | +11.0% |
| Deferred charges and accrued income | 490/1 | €2,147 | €3,687 | +€1,540 | +71.7% |
| Total equity and liabilities | 10/49 | €222,474 | €247,912 | +€25,439 | +11.4% |
| Equity | 10/15 | €180,515 | €202,874 | +€22,358 | +12.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €145,515 | €167,874 | +€22,358 | +15.4% |
| Distributable reserves | 133 | €145,515 | €167,874 | +€22,358 | +15.4% |
| Amounts payable | 17/49 | €41,958 | €45,038 | +€3,080 | +7.3% |
| Amounts payable after more than one year | 17 | €21,623 | €13,506 | -€8,117 | -37.5% |
| Financial debts | 170/4 | €21,623 | €13,506 | -€8,117 | -37.5% |
| Amounts payable within one year | 42/48 | €20,085 | €31,532 | +€11,448 | +57.0% |
| Trade debts | 44 | €4,874 | €7,623 | +€2,749 | +56.4% |
| Suppliers | 440/4 | €4,874 | €7,623 | +€2,749 | +56.4% |
| Taxes, remuneration and social security | 45 | €397 | €3,624 | +€3,228 | +813% |
| Taxes | 450/3 | €164 | €3,511 | +€3,347 | +2,043% |
| Remuneration and social security | 454/9 | €233 | €114 | -€119 | -51.3% |
| Other amounts payable | 47/48 | €14,814 | €20,285 | +€5,472 | +36.9% |
| Accrued charges and deferred income | 492/3 | €251 | - | -€251 | |
| Non-recurring operating income | 76A | €7,085 | €5,131 | -€1,954 | -27.6% |
| Remuneration, social security and pensions | 62 | €4,590 | €4,066 | -€525 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,865 | €16,343 | +€478 | +3.0% |
| Non-recurring operating charges | 66A | - | €639 | +€639 | |
| Gross operating margin | 9900 | €50,320 | €55,015 | +€4,695 | +9.3% |
| Operating profit (loss) | 9901 | €29,865 | €33,968 | +€4,103 | +13.7% |
| Financial income | 75/76B | €86 | €81 | -€5 | -6.4% |
| Recurring financial income | 75 | €86 | €81 | -€5 | -6.4% |
| Financial charges | 65/66B | €2,258 | €2,484 | +€226 | +10.0% |
| Recurring financial charges | 65 | €2,258 | €2,484 | +€226 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €27,693 | €31,564 | +€3,871 | +14.0% |
| Income taxes | 67/77 | €8,300 | €9,206 | +€906 | +10.9% |
| Profit (loss) for the period | 9904 | €19,393 | €22,358 | +€2,965 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,393 | €22,358 | +€2,965 | +15.3% |
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.