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LIFE-HIT: 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-HIT

BE 0677.756.618
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€4,979
2023 · €1,364+€3,615
Equity
€61,250
2023 · €56,271+€4,979
Cash
€21,227
2023 · €20,206+€1,022
Balance sheet total
€80,286
2023 · €80,001+€285

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€3,643

    down €3,643 (-7.8%), from €46,900 to €43,257

    of which Other amounts receivable: -€3,643

  • Deferred charges and accrued income +€2,906

    up €2,906 (+22.5%), from €12,895 to €15,801

  • Cash +€1,022

    up €1,022 (+5.1%), from €20,206 to €21,227

    mainly Net result for the year (+€4,979) and Receivables within one year (+€3,643)

Equity and liabilities
  • Trade debts -€6,112

    down €6,112 (-29.6%), from €20,675 to €14,564

  • Reserves +€4,979

    up €4,979 (+13.2%), from €37,671 to €42,650

  • Short-term financial debts +€1,399

    up €1,399 (+59.1%), from €2,366 to €3,765

Income statement
  • Gross operating margin +€6,124

    up €6,124 (+185.7%), from €3,297 to €9,420

  • Taxes +€1,643

    up €1,643 (+226.5%), from €726 to €2,369

  • Depreciation -€906

    no longer reported in 2024 (was €906)

  • Other operating charges +€387

    new in 2024: €387

  • Financial charges +€188

    up €188 (+62.3%), from €302 to €491

From the 2023 result to the 2024 result

effect on the 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 2023 €1,364
Gross operating margin +€6,124
Depreciation +€906
Other operating charges -€387
Other operating items -€1,195
Financial income -€1
Financial charges -€188
Taxes -€1,643
Result 2024 €4,979

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€377
Investment €0
Financing +€1,399
Cash 2023 €20,206
Net result for the year +€4,979
Receivables within one year +€3,643
Deferred charges and accrued income -€2,906
Trade debts -€6,112
Other debts +€19
Short-term financial debts +€1,399
Cash 2024 €21,227
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €80,001 €80,286 +€285 +0.4%
Current assets 29/58 €80,001 €80,286 +€285 +0.4%
Amounts receivable within one year 40/41 €46,900 €43,257 -€3,643 -7.8%
Trade receivables 40 €1 €1 = 0.0%
Other amounts receivable 41 €46,899 €43,256 -€3,643 -7.8%
Cash at bank and in hand 54/58 €20,206 €21,227 +€1,022 +5.1%
Deferred charges and accrued income 490/1 €12,895 €15,801 +€2,906 +22.5%
Total equity and liabilities 10/49 €80,001 €80,286 +€285 +0.4%
Equity 10/15 €56,271 €61,250 +€4,979 +8.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €37,671 €42,650 +€4,979 +13.2%
Distributable reserves 133 €37,671 €42,650 +€4,979 +13.2%
Amounts payable 17/49 €23,730 €19,036 -€4,694 -19.8%
Amounts payable within one year 42/48 €23,730 €19,036 -€4,694 -19.8%
Financial debts 43 €2,366 €3,765 +€1,399 +59.1%
Credit institutions 430/8 €2,366 €3,765 +€1,399 +59.1%
Trade debts 44 €20,675 €14,564 -€6,112 -29.6%
Suppliers 440/4 €20,675 €14,564 -€6,112 -29.6%
Other amounts payable 47/48 €689 €708 +€19 +2.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €906 - -€906
Other operating charges 640/8 - €387 +€387
Non-recurring operating charges 66A - €1,195 +€1,195
Gross operating margin 9900 €3,297 €9,420 +€6,124 +185.7%
Operating profit (loss) 9901 €2,391 €7,838 +€5,447 +227.8%
Financial income 75/76B €1 - -€1
Recurring financial income 75 €1 - -€1
Financial charges 65/66B €302 €491 +€188 +62.3%
Recurring financial charges 65 €302 €491 +€188 +62.3%
Profit (loss) for the period before taxes 9903 €2,089 €7,348 +€5,258 +251.7%
Income taxes 67/77 €726 €2,369 +€1,643 +226.5%
Profit (loss) for the period 9904 €1,364 €4,979 +€3,615 +265.1%
Profit (loss) for the period to be appropriated 9905 €1,364 €4,979 +€3,615 +265.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.