LIN +: what changed
What changed
LIN +
NACE 77.320, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€9,630
2024 · €929+€8,701
Equity
€87,598
2024 · €77,967+€9,630
Cash
€16,218
2024 · €16,306-€88
Balance sheet total
€260,821
2024 · €249,018+€11,804
Largest movements
Assets
- Receivables within one year +€5,396
up €5,396 (+16.9%), from €31,911 to €37,307
of which Trade receivables: +€27,805
- Tangible fixed assets +€5,098
up €5,098 (+16.7%), from €30,543 to €35,640
of which Plant, machinery and equipment: +€11,660
Equity and liabilities
- Other debts -€19,181
down €19,181 (-13.9%), from €137,895 to €118,714
- Trade debts +€12,038
up €12,038 (+276%), from €4,369 to €16,407
- Reserves +€9,600
up €9,600 (+16.6%), from €58,000 to €67,600
- Tax, wage and social debts +€4,061
up €4,061 (+367%), from €1,106 to €5,167
- Current portion of long-term debt +€3,190
up €3,190 (+63.5%), from €5,020 to €8,210
Income statement
- Financial charges -€8,004
down €8,004 (-77.8%), from €10,291 to €2,288
- Depreciation +€6,826
up €6,826 (+652%), from €1,046 to €7,872
- Other operating charges -€5,766
down €5,766 (-88.8%), from €6,496 to €730
- Gross operating margin +€4,688
up €4,688 (+23.4%), from €20,007 to €24,695
- Taxes +€2,915
up €2,915 (+227%), from €1,283 to €4,198
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.
Result 2024
€929
Gross operating margin
+€4,688
Depreciation
-€6,826
Other operating charges
+€5,766
Financial income
-€16
Financial charges
+€8,004
Taxes
-€2,915
Result 2025
€9,630
raises the resultlowers the result
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.
From operations
+€8,786
Investment
-€14,220
Financing
+€5,346
Cash 2024
€16,306
From operations (derived)
+€8,786
Net result for the year
+€9,630
Depreciation
+€7,872
Receivables within one year
-€5,396
Deferred charges and accrued income
-€148
Trade debts
+€12,038
Tax, wage and social debts
+€4,061
Other debts
-€19,181
Accrued charges and deferred income
-€90
Investment (derived)
-€14,220
Investment in fixed assets (net)
-€14,220
Financing
+€5,346
Debts after one year
+€2,156
Current portion of long-term debt
+€3,190
Cash 2025
€16,218
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,018 | €260,821 | +€11,804 | +4.7% |
| Fixed assets | 21/28 | €30,543 | €36,890 | +€6,348 | +20.8% |
| Tangible fixed assets | 22/27 | €30,543 | €35,640 | +€5,098 | +16.7% |
| Plant, machinery and equipment | 23 | - | €11,660 | +€11,660 | |
| Furniture and vehicles | 24 | €1,557 | €946 | -€611 | -39.2% |
| Leasing and similar rights | 25 | €28,985 | €23,034 | -€5,951 | -20.5% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €218,475 | €223,931 | +€5,456 | +2.5% |
| Stocks and contracts in progress | 3 | €170,000 | €170,000 | = | 0.0% |
| Stocks | 30/36 | €170,000 | €170,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,911 | €37,307 | +€5,396 | +16.9% |
| Trade receivables | 40 | €6,655 | €34,460 | +€27,805 | +418% |
| Other amounts receivable | 41 | €25,256 | €2,847 | -€22,409 | -88.7% |
| Cash at bank and in hand | 54/58 | €16,306 | €16,218 | -€88 | -0.5% |
| Deferred charges and accrued income | 490/1 | €259 | €407 | +€148 | +57.2% |
| Total equity and liabilities | 10/49 | €249,018 | €260,821 | +€11,804 | +4.7% |
| Equity | 10/15 | €77,967 | €87,598 | +€9,630 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,000 | €67,600 | +€9,600 | +16.6% |
| Distributable reserves | 133 | €58,000 | €67,600 | +€9,600 | +16.6% |
| Profit (loss) carried forward | 14 | €1,367 | €1,398 | +€30 | +2.2% |
| Amounts payable | 17/49 | €171,051 | €173,224 | +€2,173 | +1.3% |
| Amounts payable after more than one year | 17 | €22,180 | €24,336 | +€2,156 | +9.7% |
| Financial debts | 170/4 | €22,180 | €24,336 | +€2,156 | +9.7% |
| Amounts payable within one year | 42/48 | €148,391 | €148,498 | +€108 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €5,020 | €8,210 | +€3,190 | +63.5% |
| Financial debts | 43 | €0 | - | = | |
| Trade debts | 44 | €4,369 | €16,407 | +€12,038 | +276% |
| Suppliers | 440/4 | €4,369 | €16,407 | +€12,038 | +276% |
| Taxes, remuneration and social security | 45 | €1,106 | €5,167 | +€4,061 | +367% |
| Taxes | 450/3 | €1,106 | €5,167 | +€4,061 | +367% |
| Other amounts payable | 47/48 | €137,895 | €118,714 | -€19,181 | -13.9% |
| Accrued charges and deferred income | 492/3 | €480 | €390 | -€90 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,046 | €7,872 | +€6,826 | +652% |
| Other operating charges | 640/8 | €6,496 | €730 | -€5,766 | -88.8% |
| Gross operating margin | 9900 | €20,007 | €24,695 | +€4,688 | +23.4% |
| Operating profit (loss) | 9901 | €12,465 | €16,093 | +€3,629 | +29.1% |
| Financial income | 75/76B | €40 | €23 | -€16 | -41.5% |
| Recurring financial income | 75 | €40 | €23 | -€16 | -41.5% |
| Financial charges | 65/66B | €10,291 | €2,288 | -€8,004 | -77.8% |
| Recurring financial charges | 65 | €10,291 | €2,288 | -€8,004 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €2,213 | €13,829 | +€11,616 | +525% |
| Income taxes | 67/77 | €1,283 | €4,198 | +€2,915 | +227% |
| Profit (loss) for the period | 9904 | €929 | €9,630 | +€8,701 | +936% |
| Profit (loss) for the period to be appropriated | 9905 | €929 | €9,630 | +€8,701 | +936% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.