Linsuren: what changed
Linsuren
Largest movements
- Receivables within one year +€55,166
up €55,166 (+626%), from €8,807 to €63,974
of which Trade receivables: +€36,000
- Tangible fixed assets +€13,923
up €13,923 (+5.7%), from €245,346 to €259,269
of which Plant, machinery and equipment: +€19,774
- Cash -€8,810
down €8,810 (-45.4%), from €19,414 to €10,604
mainly Receivables within one year (-€55,166) and Investment in fixed assets (net) (-€51,816)
- Profit (loss) carried forward +€47,497
up €47,497 (+53.3%), from -€89,093 to -€41,595
- Tax, wage and social debts +€12,620
up €12,620 (+536%), from €2,355 to €14,975
of which Taxes: +€9,915
- Other debts -€5,028
down €5,028 (-1.5%), from €331,878 to €326,849
- Accrued charges and deferred income +€4,009
new in 2025: €4,009
- Gross operating margin +€163,513
up €163,513, from -€44,360 to €119,153
- Staff costs +€11,422
up €11,422 (+82.6%), from €13,821 to €25,243
- Depreciation +€8,788
up €8,788 (+29.4%), from €29,891 to €38,680
- Financial charges +€6,933
up €6,933 (+5,319%), from €130 to €7,063
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 | €290,041 | €349,193 | +€59,152 | +20.4% |
| Fixed assets | 21/28 | €251,617 | €264,754 | +€13,136 | +5.2% |
| Intangible fixed assets | 21 | €3,271 | €2,485 | -€786 | -24.0% |
| Tangible fixed assets | 22/27 | €245,346 | €259,269 | +€13,923 | +5.7% |
| Plant, machinery and equipment | 23 | €63,592 | €83,367 | +€19,774 | +31.1% |
| Furniture and vehicles | 24 | €45,711 | €39,491 | -€6,220 | -13.6% |
| Other tangible fixed assets | 26 | €136,043 | €136,411 | +€369 | +0.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €38,424 | €84,439 | +€46,016 | +120% |
| Stocks and contracts in progress | 3 | €9,862 | €9,862 | = | 0.0% |
| Stocks | 30/36 | €9,862 | €9,862 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,807 | €63,974 | +€55,166 | +626% |
| Trade receivables | 40 | - | €36,000 | +€36,000 | |
| Other amounts receivable | 41 | €8,807 | €27,974 | +€19,166 | +218% |
| Cash at bank and in hand | 54/58 | €19,414 | €10,604 | -€8,810 | -45.4% |
| Deferred charges and accrued income | 490/1 | €341 | €0 | -€341 | -100% |
| Total equity and liabilities | 10/49 | €290,041 | €349,193 | +€59,152 | +20.4% |
| Equity | 10/15 | -€86,593 | -€39,095 | +€47,497 | +54.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€89,093 | -€41,595 | +€47,497 | +53.3% |
| Amounts payable | 17/49 | €376,634 | €388,288 | +€11,655 | +3.1% |
| Amounts payable within one year | 42/48 | €376,634 | €384,280 | +€7,646 | +2.0% |
| Trade debts | 44 | €42,401 | €42,455 | +€54 | +0.1% |
| Suppliers | 440/4 | €42,401 | €42,455 | +€54 | +0.1% |
| Taxes, remuneration and social security | 45 | €2,355 | €14,975 | +€12,620 | +536% |
| Taxes | 450/3 | - | €9,915 | +€9,915 | |
| Remuneration and social security | 454/9 | €2,355 | €5,060 | +€2,704 | +115% |
| Other amounts payable | 47/48 | €331,878 | €326,849 | -€5,028 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €4,009 | +€4,009 | |
| Remuneration, social security and pensions | 62 | €13,821 | €25,243 | +€11,422 | +82.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,891 | €38,680 | +€8,788 | +29.4% |
| Other operating charges | 640/8 | €890 | €670 | -€220 | -24.7% |
| Gross operating margin | 9900 | -€44,360 | €119,153 | +€163,513 | |
| Operating profit (loss) | 9901 | -€88,962 | €54,560 | +€143,523 | |
| Financial charges | 65/66B | €130 | €7,063 | +€6,933 | +5,319% |
| Recurring financial charges | 65 | €130 | €7,063 | +€6,933 | +5,319% |
| Profit (loss) for the period before taxes | 9903 | -€89,093 | €47,497 | +€136,590 | |
| Profit (loss) for the period | 9904 | -€89,093 | €47,497 | +€136,590 | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,093 | €47,497 | +€136,590 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.