Life & Co: 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.
Life & Co
Largest movements
- Cash -€45,121
down €45,121 (-58.4%), from €77,303 to €32,183
mainly Contributions, distributions and other (-€132,293) and Trade debts (-€4,391)
- Receivables within one year -€38,633
down €38,633 (-89.0%), from €43,399 to €4,766
of which Other amounts receivable: -€39,892
- Current investments -€22,150
down €22,150 (-18.4%), from €120,465 to €98,315
- Reserves -€107,443
down €107,443 (-61.5%), from €174,694 to €67,251
of which Distributable reserves: -€107,443
- Trade debts -€4,391
down €4,391 (-64.0%), from €6,859 to €2,468
- Tax, wage and social debts +€3,024
up €3,024 (+219.9%), from €1,376 to €4,400
of which Remuneration and social security: +€4,400
- Other debts +€2,843
up €2,843 (+6.9%), from €41,176 to €44,019
- Gross operating margin -€99,013
down €99,013 (-83.7%), from €118,267 to €19,254
- Taxes -€27,033
down €27,033 (-86.2%), from €31,376 to €4,342
- Financial income +€7,990
up €7,990 (+201.5%), from €3,966 to €11,955
of which Non-recurring financial income: +€9,853
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 | €242,763 | €136,738 | -€106,025 | -43.7% |
| Fixed assets | 21/28 | €866 | €1,475 | +€608 | +70.2% |
| Tangible fixed assets | 22/27 | €866 | €1,475 | +€608 | +70.2% |
| Plant, machinery and equipment | 23 | €749 | €342 | -€407 | -54.4% |
| Furniture and vehicles | 24 | €117 | €1,133 | +€1,016 | +865.4% |
| Current assets | 29/58 | €241,896 | €135,264 | -€106,633 | -44.1% |
| Amounts receivable within one year | 40/41 | €43,399 | €4,766 | -€38,633 | -89.0% |
| Trade receivables | 40 | - | €1,259 | +€1,259 | |
| Other amounts receivable | 41 | €43,399 | €3,507 | -€39,892 | -91.9% |
| Current investments | 50/53 | €120,465 | €98,315 | -€22,150 | -18.4% |
| Cash at bank and in hand | 54/58 | €77,303 | €32,183 | -€45,121 | -58.4% |
| Deferred charges and accrued income | 490/1 | €729 | €0 | -€729 | -100.0% |
| Total equity and liabilities | 10/49 | €242,763 | €136,738 | -€106,025 | -43.7% |
| Equity | 10/15 | €193,294 | €85,851 | -€107,443 | -55.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €174,694 | €67,251 | -€107,443 | -61.5% |
| Tax-exempt reserves | 132 | €133 | €133 | = | 0.0% |
| Distributable reserves | 133 | €174,561 | €67,118 | -€107,443 | -61.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,469 | €50,887 | +€1,418 | +2.9% |
| Amounts payable within one year | 42/48 | €49,411 | €50,887 | +€1,476 | +3.0% |
| Trade debts | 44 | €6,859 | €2,468 | -€4,391 | -64.0% |
| Suppliers | 440/4 | €6,859 | €2,468 | -€4,391 | -64.0% |
| Taxes, remuneration and social security | 45 | €1,376 | €4,400 | +€3,024 | +219.9% |
| Taxes | 450/3 | €1,376 | €0 | -€1,376 | -100.0% |
| Remuneration and social security | 454/9 | €0 | €4,400 | +€4,400 | |
| Other amounts payable | 47/48 | €41,176 | €44,019 | +€2,843 | +6.9% |
| Accrued charges and deferred income | 492/3 | €58 | €0 | -€58 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €726 | €757 | +€31 | +4.3% |
| Other operating charges | 640/8 | €511 | €916 | +€405 | +79.2% |
| Gross operating margin | 9900 | €118,267 | €19,254 | -€99,013 | -83.7% |
| Operating profit (loss) | 9901 | €117,030 | €17,582 | -€99,448 | -85.0% |
| Financial income | 75/76B | €3,966 | €11,955 | +€7,990 | +201.5% |
| Recurring financial income | 75 | €3,966 | €2,102 | -€1,863 | -47.0% |
| Non-recurring financial income | 76B | - | €9,853 | +€9,853 | |
| Financial charges | 65/66B | €435 | €345 | -€90 | -20.7% |
| Recurring financial charges | 65 | €435 | €345 | -€90 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €120,561 | €29,192 | -€91,369 | -75.8% |
| Income taxes | 67/77 | €31,376 | €4,342 | -€27,033 | -86.2% |
| Profit (loss) for the period | 9904 | €89,185 | €24,850 | -€64,335 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,185 | €24,850 | -€64,335 | -72.1% |
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 7 October 2026 via checked.be.