DREES LIFE SERVICES: 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.
DREES LIFE SERVICES
Largest movements
- Tangible fixed assets +€41,032
up €41,032 (+18.2%), from €224,835 to €265,868
of which Assets under construction and advance payments: +€55,249
- Receivables within one year +€13,244
up €13,244 (+81.4%), from €16,262 to €29,506
of which Trade receivables: +€15,758
- Cash -€4,465
down €4,465 (-3.4%), from €132,171 to €127,706
mainly Investment in fixed assets (net) (-€52,959) and Receivables within one year (-€13,244)
- Reserves +€44,784
up €44,784 (+32.2%), from €139,133 to €183,917
of which Distributable reserves: +€44,784
- Debts after one year -€10,415
down €10,415 (-62.6%), from €16,640 to €6,225
- Accrued charges and deferred income +€8,851
up €8,851 (+812.0%), from €1,090 to €9,941
- Gross operating margin -€12,540
down €12,540 (-13.1%), from €95,869 to €83,329
- Other operating charges +€11,453
up €11,453 (+842.0%), from €1,360 to €12,814
- Financial charges +€8,139
up €8,139 (+114.3%), from €7,123 to €15,262
- Taxes -€6,448
down €6,448 (-28.7%), from €22,454 to €16,006
- Financial income +€4,034
up €4,034 (+21.6%), from €18,708 to €22,742
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 | €387,033 | €429,068 | +€42,036 | +10.9% |
| Fixed assets | 21/28 | €235,096 | €270,849 | +€35,753 | +15.2% |
| Intangible fixed assets | 21 | €3,811 | €1,781 | -€2,030 | -53.3% |
| Tangible fixed assets | 22/27 | €224,835 | €265,868 | +€41,032 | +18.2% |
| Land and buildings | 22 | €189,625 | €189,625 | = | 0.0% |
| Furniture and vehicles | 24 | €33,931 | €19,714 | -€14,216 | -41.9% |
| Other tangible fixed assets | 26 | €1,280 | €1,280 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €55,249 | +€55,249 | |
| Financial fixed assets | 28 | €6,450 | €3,200 | -€3,250 | -50.4% |
| Current assets | 29/58 | €151,936 | €158,219 | +€6,283 | +4.1% |
| Amounts receivable within one year | 40/41 | €16,262 | €29,506 | +€13,244 | +81.4% |
| Trade receivables | 40 | €13,735 | €29,493 | +€15,758 | +114.7% |
| Other amounts receivable | 41 | €2,527 | €13 | -€2,514 | -99.5% |
| Cash at bank and in hand | 54/58 | €132,171 | €127,706 | -€4,465 | -3.4% |
| Deferred charges and accrued income | 490/1 | €3,504 | €1,007 | -€2,496 | -71.3% |
| Total equity and liabilities | 10/49 | €387,033 | €429,068 | +€42,036 | +10.9% |
| Equity | 10/15 | €202,933 | €247,717 | +€44,784 | +22.1% |
| Contributions | 10/11 | €63,800 | €63,800 | = | 0.0% |
| Reserves | 13 | €139,133 | €183,917 | +€44,784 | +32.2% |
| Tax-exempt reserves | 132 | €28,421 | €28,421 | = | 0.0% |
| Distributable reserves | 133 | €110,712 | €155,496 | +€44,784 | +40.5% |
| Amounts payable | 17/49 | €184,100 | €181,352 | -€2,749 | -1.5% |
| Amounts payable after more than one year | 17 | €16,640 | €6,225 | -€10,415 | -62.6% |
| Financial debts | 170/4 | €16,640 | €6,225 | -€10,415 | -62.6% |
| Amounts payable within one year | 42/48 | €166,370 | €165,185 | -€1,185 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €10,099 | €10,415 | +€316 | +3.1% |
| Trade debts | 44 | €3,260 | €3,048 | -€212 | -6.5% |
| Suppliers | 440/4 | €3,260 | €3,048 | -€212 | -6.5% |
| Taxes, remuneration and social security | 45 | €17,699 | €20,458 | +€2,759 | +15.6% |
| Taxes | 450/3 | €17,699 | €20,458 | +€2,759 | +15.6% |
| Other amounts payable | 47/48 | €135,312 | €131,265 | -€4,047 | -3.0% |
| Accrued charges and deferred income | 492/3 | €1,090 | €9,941 | +€8,851 | +812.0% |
| Non-recurring operating income | 76A | - | €8,060 | +€8,060 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,483 | €17,206 | -€3,277 | -16.0% |
| Other operating charges | 640/8 | €1,360 | €12,814 | +€11,453 | +842.0% |
| Gross operating margin | 9900 | €95,869 | €83,329 | -€12,540 | -13.1% |
| Operating profit (loss) | 9901 | €74,026 | €53,310 | -€20,716 | -28.0% |
| Financial income | 75/76B | €18,708 | €22,742 | +€4,034 | +21.6% |
| Recurring financial income | 75 | €18,708 | €22,742 | +€4,034 | +21.6% |
| Financial charges | 65/66B | €7,123 | €15,262 | +€8,139 | +114.3% |
| Recurring financial charges | 65 | €7,123 | €15,262 | +€8,139 | +114.3% |
| Profit (loss) for the period before taxes | 9903 | €85,611 | €60,790 | -€24,821 | -29.0% |
| Income taxes | 67/77 | €22,454 | €16,006 | -€6,448 | -28.7% |
| Profit (loss) for the period | 9904 | €63,157 | €44,784 | -€18,373 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,157 | €44,784 | -€18,373 | -29.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.