LIFE: 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.
What changed
LIFE
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€501,085
2024 · -€286,638-€214,447
Equity
-€2.6m
2024 · -€2.1m-€501,085
Cash
€27,394
2024 · €64,696-€37,302
Balance sheet total
€7.2m
2024 · €7.8m-€526,973
Largest movements
Assets
- Receivables after one year -€415,250
no longer reported in 2025 (was €415,250)
Equity and liabilities
- Profit (loss) carried forward -€501,085
down €501,085 (-21.8%), from -€2.3m to -€2.8m
Income statement
- Write-downs +€437,553
new in 2025: €437,553
- Financial income +€203,932
up €203,932 (+720.5%), from €28,302 to €232,234
of which Non-recurring financial income: +€213,639
- Gross operating margin +€24,285
up €24,285 (+8.0%), from -€304,635 to -€280,350
- Financial charges +€4,826
up €4,826 (+326.0%), from €1,480 to €6,306
of which Non-recurring financial charges: +€4,703
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.
Result 2024
-€286,638
Gross operating margin
+€24,285
Depreciation
+€674
Write-downs
-€437,553
Other operating charges
-€960
Financial income
+€203,932
Financial charges
-€4,826
Result 2025
-€501,085
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.
From operations
-€37,302
Investment
€0
Financing
€0
Cash 2024
€64,696
From operations (derived)
-€37,302
Net result for the year
-€501,085
Depreciation
+€2,603
Receivables after one year
+€415,250
Receivables within one year
+€71,818
Trade debts
-€3,908
Tax, wage and social debts
-€21,979
Cash 2025
€27,394
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,773,486 | €7,246,513 | -€526,973 | -6.8% |
| Fixed assets | 21/28 | €4,320 | €1,717 | -€2,603 | -60.3% |
| Intangible fixed assets | 21 | €1,074 | €908 | -€166 | -15.4% |
| Tangible fixed assets | 22/27 | €3,247 | €809 | -€2,437 | -75.1% |
| Plant, machinery and equipment | 23 | €759 | €0 | -€759 | -100.0% |
| Furniture and vehicles | 24 | €2,488 | €809 | -€1,678 | -67.5% |
| Current assets | 29/58 | €7,769,165 | €7,244,796 | -€524,370 | -6.7% |
| Amounts receivable after more than one year | 29 | €415,250 | - | -€415,250 | |
| Other amounts receivable | 291 | €415,250 | - | -€415,250 | |
| Amounts receivable within one year | 40/41 | €7,289,220 | €7,217,402 | -€71,818 | -1.0% |
| Trade receivables | 40 | €7,047,141 | €7,005,881 | -€41,259 | -0.6% |
| Other amounts receivable | 41 | €242,079 | €211,520 | -€30,559 | -12.6% |
| Cash at bank and in hand | 54/58 | €64,696 | €27,394 | -€37,302 | -57.7% |
| Total equity and liabilities | 10/49 | €7,773,486 | €7,246,513 | -€526,973 | -6.8% |
| Equity | 10/15 | -€2,141,315 | -€2,642,401 | -€501,085 | -23.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,123 | €135,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,354 | €1,354 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,354 | €1,354 | = | 0.0% |
| Distributable reserves | 133 | €133,769 | €133,769 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,295,039 | -€2,796,124 | -€501,085 | -21.8% |
| Provisions and deferred taxes | 16 | €5,990,956 | €5,990,956 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €5,990,956 | €5,990,956 | = | 0.0% |
| Other liabilities and charges | 164/5 | €5,990,956 | €5,990,956 | = | 0.0% |
| Amounts payable | 17/49 | €3,923,846 | €3,897,958 | -€25,888 | -0.7% |
| Amounts payable within one year | 42/48 | €3,923,846 | €3,897,958 | -€25,888 | -0.7% |
| Trade debts | 44 | €117,106 | €113,198 | -€3,908 | -3.3% |
| Suppliers | 440/4 | €117,106 | €113,198 | -€3,908 | -3.3% |
| Advances received on contracts in progress | 46 | €3,781,923 | €3,781,923 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €24,816 | €2,837 | -€21,979 | -88.6% |
| Taxes | 450/3 | €17,466 | €1,337 | -€16,129 | -92.3% |
| Remuneration and social security | 454/9 | €7,350 | €1,500 | -€5,850 | -79.6% |
| Non-recurring operating income | 76A | €1,827 | - | -€1,827 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,277 | €2,603 | -€674 | -20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €437,553 | +€437,553 | |
| Other operating charges | 640/8 | €5,548 | €6,507 | +€960 | +17.3% |
| Gross operating margin | 9900 | -€304,635 | -€280,350 | +€24,285 | +8.0% |
| Operating profit (loss) | 9901 | -€313,460 | -€727,014 | -€413,554 | -131.9% |
| Financial income | 75/76B | €28,302 | €232,234 | +€203,932 | +720.5% |
| Recurring financial income | 75 | €27,783 | €18,076 | -€9,707 | -34.9% |
| Non-recurring financial income | 76B | €519 | €214,159 | +€213,639 | +41151.8% |
| Financial charges | 65/66B | €1,480 | €6,306 | +€4,826 | +326.0% |
| Recurring financial charges | 65 | €840 | €963 | +€123 | +14.6% |
| Non-recurring financial charges | 66B | €640 | €5,343 | +€4,703 | +734.8% |
| Profit (loss) for the period before taxes | 9903 | -€286,638 | -€501,085 | -€214,447 | -74.8% |
| Profit (loss) for the period | 9904 | -€286,638 | -€501,085 | -€214,447 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€286,638 | -€501,085 | -€214,447 | -74.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.