LIFE GROUP: what changed
Two financial 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 GROUP
Largest movements
- Receivables within one year -€360,109
down €360,109 (-32.8%), from €1.1m to €736,234
of which Trade receivables: -€288,922
- Financial fixed assets +€182,983
up €182,983 (+21.8%), from €839,878 to €1.0m
- Receivables after one year -€127,500
down €127,500 (-12.9%), from €988,125 to €860,625
- Tangible fixed assets +€86,473
up €86,473 (+25,890%), from €334 to €86,807
of which Land and buildings: +€82,327
- Stocks and contracts +€77,496
up €77,496 (+49.4%), from €156,726 to €234,222
- Debts after one year -€669,003
down €669,003 (-32.0%), from €2.1m to €1.4m
- Other debts +€326,774
up €326,774 (+65.5%), from €498,940 to €825,715
- Reserves +€283,349
up €283,349 (+274%), from €103,224 to €386,573
of which Distributable reserves: +€281,489
- Advances received -€120,000
no longer reported in 2025 (was €120,000)
- Contributions +€37,200
up €37,200 (+45.9%), from €81,000 to €118,200
- Gross operating margin +€109,505
up €109,505, from -€43,366 to €66,139
- Taxes +€34,977
no longer reported in 2025 (was -€34,977)
- Depreciation +€29,793
up €29,793 (+5,802%), from €513 to €30,307
- Financial charges -€9,837
down €9,837 (-35.2%), from €27,912 to €18,075
- Financial income +€2,487
up €2,487 (+1,776,207%), from €0 to €2,487
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.
Derived cash bridge
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 | €3,086,360 | €3,017,403 | -€68,957 | -2.2% |
| Fixed assets | 21/28 | €840,212 | €1,162,008 | +€321,796 | +38.3% |
| Intangible fixed assets | 21 | - | €52,340 | +€52,340 | |
| Tangible fixed assets | 22/27 | €334 | €86,807 | +€86,473 | +25,890% |
| Land and buildings | 22 | - | €82,327 | +€82,327 | |
| Plant, machinery and equipment | 23 | - | €3,420 | +€3,420 | |
| Furniture and vehicles | 24 | €334 | €1,060 | +€726 | +217% |
| Financial fixed assets | 28 | €839,878 | €1,022,861 | +€182,983 | +21.8% |
| Current assets | 29/58 | €2,246,148 | €1,855,395 | -€390,753 | -17.4% |
| Amounts receivable after more than one year | 29 | €988,125 | €860,625 | -€127,500 | -12.9% |
| Other amounts receivable | 291 | €988,125 | €860,625 | -€127,500 | -12.9% |
| Stocks and contracts in progress | 3 | €156,726 | €234,222 | +€77,496 | +49.4% |
| Stocks | 30/36 | €156,726 | €234,222 | +€77,496 | +49.4% |
| Amounts receivable within one year | 40/41 | €1,096,343 | €736,234 | -€360,109 | -32.8% |
| Trade receivables | 40 | €680,726 | €391,804 | -€288,922 | -42.4% |
| Other amounts receivable | 41 | €415,617 | €344,430 | -€71,186 | -17.1% |
| Cash at bank and in hand | 54/58 | €4,954 | €23,134 | +€18,180 | +367% |
| Deferred charges and accrued income | 490/1 | - | €1,180 | +€1,180 | |
| Total equity and liabilities | 10/49 | €3,086,360 | €3,017,403 | -€68,957 | -2.2% |
| Equity | 10/15 | €311,278 | €666,916 | +€355,638 | +114% |
| Contributions | 10/11 | €81,000 | €118,200 | +€37,200 | +45.9% |
| Reserves | 13 | €103,224 | €386,573 | +€283,349 | +274% |
| Non-distributable reserves | 130/1 | €5,338 | €7,198 | +€1,860 | +34.8% |
| Reserves not available under the articles | 1311 | €5,338 | €7,198 | +€1,860 | +34.8% |
| Distributable reserves | 133 | €97,886 | €379,375 | +€281,489 | +288% |
| Profit (loss) carried forward | 14 | €127,054 | €162,143 | +€35,089 | +27.6% |
| Amounts payable | 17/49 | €2,775,083 | €2,350,487 | -€424,595 | -15.3% |
| Amounts payable after more than one year | 17 | €2,092,234 | €1,423,231 | -€669,003 | -32.0% |
| Financial debts | 170/4 | €2,092,234 | €1,423,231 | -€669,003 | -32.0% |
| Amounts payable within one year | 42/48 | €682,496 | €926,593 | +€244,097 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €54,276 | €70,960 | +€16,684 | +30.7% |
| Trade debts | 44 | €9,078 | €24,646 | +€15,569 | +171% |
| Suppliers | 440/4 | €9,078 | €24,646 | +€15,569 | +171% |
| Advances received on contracts in progress | 46 | €120,000 | - | -€120,000 | |
| Taxes, remuneration and social security | 45 | €202 | €5,272 | +€5,070 | +2,506% |
| Taxes | 450/3 | €202 | €5,272 | +€5,070 | +2,506% |
| Other amounts payable | 47/48 | €498,940 | €825,715 | +€326,774 | +65.5% |
| Accrued charges and deferred income | 492/3 | €352 | €664 | +€311 | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €513 | €30,307 | +€29,793 | +5,802% |
| Other operating charges | 640/8 | €2,026 | €4,204 | +€2,178 | +107% |
| Gross operating margin | 9900 | -€43,366 | €66,139 | +€109,505 | |
| Operating profit (loss) | 9901 | -€45,905 | €31,629 | +€77,534 | |
| Financial income | 75/76B | €0 | €2,487 | +€2,487 | +1,776,207% |
| Recurring financial income | 75 | €0 | €2,487 | +€2,487 | +1,776,207% |
| Financial charges | 65/66B | €27,912 | €18,075 | -€9,837 | -35.2% |
| Recurring financial charges | 65 | €27,912 | €18,075 | -€9,837 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€73,817 | €16,040 | +€89,857 | |
| Income taxes | 67/77 | -€34,977 | - | +€34,977 | |
| Profit (loss) for the period | 9904 | -€38,840 | €16,040 | +€54,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,840 | €16,040 | +€54,881 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.