4LIFE: what changed
Two fiscal 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.
4LIFE
Largest movements
- Tangible fixed assets +€63,162
up €63,162 (+30.0%), from €210,639 to €273,801
of which Land and buildings: +€81,898
- Cash +€10,445
up €10,445 (+438.9%), from €2,380 to €12,825
mainly Other debts (+€96,465) and Depreciation (+€35,028)
- Other debts +€96,465
up €96,465 (+114.9%), from €83,968 to €180,432
- Debts after one year -€30,200
down €30,200 (-16.6%), from €181,606 to €151,406
- Reserves +€27,562
up €27,562 (+6.7%), from €410,083 to €437,645
of which Distributable reserves: +€27,562
- Current portion of long-term debt -€18,094
down €18,094 (-32.5%), from €55,719 to €37,625
- Short-term financial debts -€9,792
no longer reported in 2024 (was €9,792)
- Financial income +€14,997
up €14,997 (+62307.2%), from €24 to €15,021
- Depreciation +€8,524
up €8,524 (+32.2%), from €26,504 to €35,028
- Other operating charges -€3,450
down €3,450 (-64.8%), from €5,327 to €1,877
- Gross operating margin +€1,642
up €1,642 (+2.6%), from €63,197 to €64,839
- Taxes +€1,200
up €1,200 (+17.4%), from €6,900 to €8,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €776,398 | €849,839 | +€73,441 | +9.5% |
| Fixed assets | 21/28 | €773,139 | €836,301 | +€63,162 | +8.2% |
| Tangible fixed assets | 22/27 | €210,639 | €273,801 | +€63,162 | +30.0% |
| Land and buildings | 22 | €174,020 | €255,918 | +€81,898 | +47.1% |
| Furniture and vehicles | 24 | €36,618 | €17,882 | -€18,736 | -51.2% |
| Financial fixed assets | 28 | €562,500 | €562,500 | = | 0.0% |
| Current assets | 29/58 | €3,260 | €13,539 | +€10,279 | +315.3% |
| Cash at bank and in hand | 54/58 | €2,380 | €12,825 | +€10,445 | +438.9% |
| Deferred charges and accrued income | 490/1 | €880 | €714 | -€166 | -18.9% |
| Total equity and liabilities | 10/49 | €776,398 | €849,839 | +€73,441 | +9.5% |
| Equity | 10/15 | €417,583 | €445,145 | +€27,562 | +6.6% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €410,083 | €437,645 | +€27,562 | +6.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €408,223 | €435,785 | +€27,562 | +6.8% |
| Amounts payable | 17/49 | €358,815 | €404,694 | +€45,879 | +12.8% |
| Amounts payable after more than one year | 17 | €181,606 | €151,406 | -€30,200 | -16.6% |
| Financial debts | 170/4 | €181,606 | €151,406 | -€30,200 | -16.6% |
| Amounts payable within one year | 42/48 | €177,209 | €253,288 | +€76,079 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €55,719 | €37,625 | -€18,094 | -32.5% |
| Financial debts | 43 | €9,792 | - | -€9,792 | |
| Credit institutions | 430/8 | €9,792 | - | -€9,792 | |
| Trade debts | 44 | €1,296 | €6,988 | +€5,693 | +439.3% |
| Suppliers | 440/4 | €1,296 | €6,988 | +€5,693 | +439.3% |
| Taxes, remuneration and social security | 45 | €26,435 | €28,242 | +€1,807 | +6.8% |
| Taxes | 450/3 | €19,757 | €18,368 | -€1,389 | -7.0% |
| Remuneration and social security | 454/9 | €6,678 | €9,874 | +€3,196 | +47.9% |
| Other amounts payable | 47/48 | €83,968 | €180,432 | +€96,465 | +114.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,504 | €35,028 | +€8,524 | +32.2% |
| Other operating charges | 640/8 | €5,327 | €1,877 | -€3,450 | -64.8% |
| Gross operating margin | 9900 | €63,197 | €64,839 | +€1,642 | +2.6% |
| Operating profit (loss) | 9901 | €31,366 | €27,933 | -€3,432 | -10.9% |
| Financial income | 75/76B | €24 | €15,021 | +€14,997 | +62307.2% |
| Recurring financial income | 75 | €24 | €15,021 | +€14,997 | +62307.2% |
| Financial charges | 65/66B | €8,196 | €7,292 | -€903 | -11.0% |
| Recurring financial charges | 65 | €8,196 | €7,292 | -€903 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €23,194 | €35,662 | +€12,468 | +53.8% |
| Income taxes | 67/77 | €6,900 | €8,100 | +€1,200 | +17.4% |
| Profit (loss) for the period | 9904 | €16,294 | €27,562 | +€11,268 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,294 | €27,562 | +€11,268 | +69.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.