LIFE IS NOW: 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 IS NOW
Largest movements
- Receivables within one year -€196,807
down €196,807 (-62.8%), from €313,557 to €116,750
of which Trade receivables: -€265,895
- Stocks and contracts +€6,126
up €6,126 (+2.6%), from €239,997 to €246,123
- Advances received -€165,614
down €165,614 (-100%), from €165,614 to €0
- Other debts -€156,438
down €156,438 (-100%), from €156,438 to €0
- Trade debts +€62,975
up €62,975 (+57.0%), from €110,428 to €173,403
- Tax, wage and social debts +€60,327
up €60,327 (+260%), from €23,188 to €83,516
of which Taxes: +€61,142
- Staff costs -€34,637
down €34,637 (-33.3%), from €103,963 to €69,325
- Taxes +€16,910
up €16,910 (+637%), from €2,655 to €19,565
- Gross operating margin -€11,896
down €11,896 (-9.4%), from €125,936 to €114,040
- Financial charges -€7,236
down €7,236 (-77.4%), from €9,348 to €2,112
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 | €605,196 | €409,322 | -€195,875 | -32.4% |
| Fixed assets | 21/28 | €15,167 | €10,263 | -€4,904 | -32.3% |
| Tangible fixed assets | 22/27 | €12,867 | €7,963 | -€4,904 | -38.1% |
| Plant, machinery and equipment | 23 | €2,142 | €555 | -€1,587 | -74.1% |
| Furniture and vehicles | 24 | €1,262 | €1,061 | -€201 | -16.0% |
| Other tangible fixed assets | 26 | €9,463 | €6,347 | -€3,116 | -32.9% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €590,029 | €399,058 | -€190,971 | -32.4% |
| Stocks and contracts in progress | 3 | €239,997 | €246,123 | +€6,126 | +2.6% |
| Stocks | 30/36 | €239,997 | €246,123 | +€6,126 | +2.6% |
| Amounts receivable within one year | 40/41 | €313,557 | €116,750 | -€196,807 | -62.8% |
| Trade receivables | 40 | €270,539 | €4,644 | -€265,895 | -98.3% |
| Other amounts receivable | 41 | €43,018 | €112,106 | +€69,088 | +161% |
| Current investments | 50/53 | €7,546 | €7,546 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,930 | €28,640 | -€290 | -1.0% |
| Total equity and liabilities | 10/49 | €605,196 | €409,322 | -€195,875 | -32.4% |
| Equity | 10/15 | €149,528 | €152,280 | +€2,752 | +1.8% |
| Contributions | 10/11 | €21,485 | €21,485 | = | 0.0% |
| Reserves | 13 | €128,043 | €128,427 | +€384 | +0.3% |
| Distributable reserves | 133 | €128,043 | €128,427 | +€384 | +0.3% |
| Profit (loss) carried forward | 14 | - | €2,368 | +€2,368 | |
| Amounts payable | 17/49 | €455,668 | €257,042 | -€198,626 | -43.6% |
| Amounts payable within one year | 42/48 | €455,668 | €257,042 | -€198,626 | -43.6% |
| Financial debts | 43 | - | €123 | +€123 | |
| Credit institutions | 430/8 | - | €123 | +€123 | |
| Trade debts | 44 | €110,428 | €173,403 | +€62,975 | +57.0% |
| Suppliers | 440/4 | €110,428 | €173,403 | +€62,975 | +57.0% |
| Advances received on contracts in progress | 46 | €165,614 | €0 | -€165,614 | -100% |
| Taxes, remuneration and social security | 45 | €23,188 | €83,516 | +€60,327 | +260% |
| Taxes | 450/3 | €14,646 | €75,789 | +€61,142 | +417% |
| Remuneration and social security | 454/9 | €8,542 | €7,727 | -€815 | -9.5% |
| Other amounts payable | 47/48 | €156,438 | €0 | -€156,438 | -100% |
| Remuneration, social security and pensions | 62 | €103,963 | €69,325 | -€34,637 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,638 | €4,904 | -€734 | -13.0% |
| Other operating charges | 640/8 | €354 | €470 | +€116 | +32.7% |
| Non-recurring operating charges | 66A | - | €15,663 | +€15,663 | |
| Gross operating margin | 9900 | €125,936 | €114,040 | -€11,896 | -9.4% |
| Operating profit (loss) | 9901 | €15,981 | €23,678 | +€7,697 | +48.2% |
| Financial income | 75/76B | €193 | €750 | +€557 | +289% |
| Recurring financial income | 75 | €193 | €750 | +€557 | +289% |
| Financial charges | 65/66B | €9,348 | €2,112 | -€7,236 | -77.4% |
| Recurring financial charges | 65 | €9,348 | €2,112 | -€7,236 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €6,826 | €22,316 | +€15,490 | +227% |
| Income taxes | 67/77 | €2,655 | €19,565 | +€16,910 | +637% |
| Profit (loss) for the period | 9904 | €4,171 | €2,752 | -€1,420 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,171 | €2,752 | -€1,420 | -34.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.