LIFE ENERGY PROJECTS: what changed
LIFE ENERGY PROJECTS
Largest movements
- Tangible fixed assets +€51,403
up €51,403 (+717%), from €7,165 to €58,567
of which Other tangible fixed assets: +€28,038
- Cash -€3,023
down €3,023 (-100%), from €3,023 to €0
mainly Investment in fixed assets (net) (-€58,799) and Tax, wage and social debts (-€8,083)
- Receivables within one year -€1,825
down €1,825 (-1.7%), from €109,034 to €107,209
of which Trade receivables: -€6,485
- Trade debts +€26,629
up €26,629 (+492%), from €5,412 to €32,041
- Short-term financial debts +€20,000
new in 2025: €20,000
- Tax, wage and social debts -€8,083
down €8,083 (-63.1%), from €12,801 to €4,718
- Current portion of long-term debt +€4,233
new in 2025: €4,233
- Profit (loss) carried forward +€2,830
up €2,830 (+3.6%), from €78,384 to €81,215
- Depreciation +€7,107
up €7,107 (+2,458%), from €289 to €7,396
- Other operating charges -€4,351
down €4,351 (-78.3%), from €5,555 to €1,203
- Gross operating margin +€3,053
up €3,053 (+21.1%), from €14,487 to €17,540
- Taxes -€922
down €922 (-28.4%), from €3,242 to €2,320
- Financial charges +€917
up €917 (+31.9%), from €2,873 to €3,790
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 | €123,697 | €170,517 | +€46,819 | +37.8% |
| Fixed assets | 21/28 | €7,575 | €58,977 | +€51,403 | +679% |
| Tangible fixed assets | 22/27 | €7,165 | €58,567 | +€51,403 | +717% |
| Plant, machinery and equipment | 23 | €2,794 | €4,776 | +€1,982 | +71.0% |
| Furniture and vehicles | 24 | - | €21,382 | +€21,382 | |
| Other tangible fixed assets | 26 | €4,371 | €32,409 | +€28,038 | +641% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €116,123 | €111,539 | -€4,583 | -3.9% |
| Amounts receivable within one year | 40/41 | €109,034 | €107,209 | -€1,825 | -1.7% |
| Trade receivables | 40 | €34,362 | €27,877 | -€6,485 | -18.9% |
| Other amounts receivable | 41 | €74,673 | €79,332 | +€4,659 | +6.2% |
| Cash at bank and in hand | 54/58 | €3,023 | €0 | -€3,023 | -100% |
| Deferred charges and accrued income | 490/1 | €4,066 | €4,331 | +€265 | +6.5% |
| Total equity and liabilities | 10/49 | €123,697 | €170,517 | +€46,819 | +37.8% |
| Equity | 10/15 | €101,484 | €104,315 | +€2,830 | +2.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,384 | €81,215 | +€2,830 | +3.6% |
| Amounts payable | 17/49 | €22,213 | €66,202 | +€43,989 | +198% |
| Amounts payable within one year | 42/48 | €22,213 | €64,992 | +€42,778 | +193% |
| Current portion of amounts payable after more than one year | 42 | - | €4,233 | +€4,233 | |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €5,412 | €32,041 | +€26,629 | +492% |
| Suppliers | 440/4 | €5,412 | €32,041 | +€26,629 | +492% |
| Taxes, remuneration and social security | 45 | €12,801 | €4,718 | -€8,083 | -63.1% |
| Taxes | 450/3 | €12,801 | €4,718 | -€8,083 | -63.1% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,210 | +€1,210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €7,396 | +€7,107 | +2,458% |
| Other operating charges | 640/8 | €5,555 | €1,203 | -€4,351 | -78.3% |
| Gross operating margin | 9900 | €14,487 | €17,540 | +€3,053 | +21.1% |
| Operating profit (loss) | 9901 | €8,643 | €8,941 | +€297 | +3.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.0% |
| Financial charges | 65/66B | €2,873 | €3,790 | +€917 | +31.9% |
| Recurring financial charges | 65 | €2,873 | €3,790 | +€917 | +31.9% |
| Profit (loss) for the period before taxes | 9903 | €5,771 | €5,151 | -€620 | -10.7% |
| Income taxes | 67/77 | €3,242 | €2,320 | -€922 | -28.4% |
| Profit (loss) for the period | 9904 | €2,529 | €2,830 | +€302 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,529 | €2,830 | +€302 | +11.9% |
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 3 November 2026 via checked.be.