LINITECH: 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.
LINITECH
Largest movements
- Current investments +€90,000
up €90,000 (+42.9%), from €210,000 to €300,000
- Receivables within one year +€56,220
up €56,220 (+98.2%), from €57,261 to €113,481
of which Other amounts receivable: +€56,730
- Tangible fixed assets -€55,611
down €55,611 (-8.9%), from €624,194 to €568,583
of which Land and buildings: -€41,204
- Financial fixed assets -€55,000
down €55,000 (-29.4%), from €187,240 to €132,240
- Cash -€17,448
down €17,448 (-42.8%), from €40,807 to €23,359
mainly Current investments (-€90,000) and Receivables within one year (-€56,220)
- Reserves +€39,195
up €39,195 (+13.5%), from €289,393 to €328,587
- Debts after one year -€32,000
down €32,000 (-9.2%), from €349,333 to €317,333
- Other debts +€24,819
up €24,819 (+11.1%), from €223,820 to €248,640
- Current portion of long-term debt -€12,086
down €12,086 (-27.4%), from €44,086 to €32,000
- Gross operating margin +€13,151
up €13,151 (+11.7%), from €112,878 to €126,030
- Financial income +€6,315
up €6,315 (+99.5%), from €6,348 to €12,664
- Taxes +€5,239
up €5,239 (+40.1%), from €13,065 to €18,304
- Financial charges +€3,945
up €3,945 (+22.8%), from €17,335 to €21,280
- Depreciation -€2,146
down €2,146 (-3.7%), from €57,757 to €55,611
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 | €1,123,626 | €1,144,343 | +€20,717 | +1.8% |
| Fixed assets | 21/28 | €811,434 | €700,823 | -€110,611 | -13.6% |
| Tangible fixed assets | 22/27 | €624,194 | €568,583 | -€55,611 | -8.9% |
| Land and buildings | 22 | €584,919 | €543,714 | -€41,204 | -7.0% |
| Furniture and vehicles | 24 | €39,275 | €24,868 | -€14,407 | -36.7% |
| Financial fixed assets | 28 | €187,240 | €132,240 | -€55,000 | -29.4% |
| Current assets | 29/58 | €312,192 | €443,520 | +€131,328 | +42.1% |
| Amounts receivable within one year | 40/41 | €57,261 | €113,481 | +€56,220 | +98.2% |
| Trade receivables | 40 | €14,911 | €14,402 | -€510 | -3.4% |
| Other amounts receivable | 41 | €42,350 | €99,080 | +€56,730 | +134.0% |
| Current investments | 50/53 | €210,000 | €300,000 | +€90,000 | +42.9% |
| Cash at bank and in hand | 54/58 | €40,807 | €23,359 | -€17,448 | -42.8% |
| Deferred charges and accrued income | 490/1 | €4,123 | €6,680 | +€2,557 | +62.0% |
| Total equity and liabilities | 10/49 | €1,123,626 | €1,144,343 | +€20,717 | +1.8% |
| Equity | 10/15 | €487,313 | €526,507 | +€39,195 | +8.0% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Revaluation surpluses | 12 | €77,920 | €77,920 | = | 0.0% |
| Reserves | 13 | €289,393 | €328,587 | +€39,195 | +13.5% |
| Distributable reserves | 133 | €289,393 | €328,587 | +€39,195 | +13.5% |
| Amounts payable | 17/49 | €636,313 | €617,835 | -€18,477 | -2.9% |
| Amounts payable after more than one year | 17 | €349,333 | €317,333 | -€32,000 | -9.2% |
| Financial debts | 170/4 | €349,333 | €317,333 | -€32,000 | -9.2% |
| Amounts payable within one year | 42/48 | €283,743 | €295,408 | +€11,666 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €44,086 | €32,000 | -€12,086 | -27.4% |
| Trade debts | 44 | €1,782 | €1,809 | +€28 | +1.6% |
| Suppliers | 440/4 | €1,782 | €1,809 | +€28 | +1.6% |
| Taxes, remuneration and social security | 45 | €14,055 | €12,959 | -€1,096 | -7.8% |
| Taxes | 450/3 | €14,055 | €12,959 | -€1,096 | -7.8% |
| Other amounts payable | 47/48 | €223,820 | €248,640 | +€24,819 | +11.1% |
| Accrued charges and deferred income | 492/3 | €3,237 | €5,094 | +€1,857 | +57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,757 | €55,611 | -€2,146 | -3.7% |
| Other operating charges | 640/8 | €3,953 | €2,637 | -€1,316 | -33.3% |
| Gross operating margin | 9900 | €112,878 | €126,030 | +€13,151 | +11.7% |
| Operating profit (loss) | 9901 | €51,168 | €67,782 | +€16,613 | +32.5% |
| Financial income | 75/76B | €6,348 | €12,664 | +€6,315 | +99.5% |
| Recurring financial income | 75 | €6,348 | €12,664 | +€6,315 | +99.5% |
| Financial charges | 65/66B | €17,335 | €21,280 | +€3,945 | +22.8% |
| Recurring financial charges | 65 | €17,335 | €21,280 | +€3,945 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €40,181 | €59,165 | +€18,984 | +47.2% |
| Income taxes | 67/77 | €13,065 | €18,304 | +€5,239 | +40.1% |
| Profit (loss) for the period | 9904 | €27,116 | €40,861 | +€13,745 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,116 | €40,861 | +€13,745 | +50.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.