Life Line: 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.
What changed
Life Line
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€24,003
2024 · -€54,842+€30,839
Equity
€2.1m
2024 · €2.1m-€24,003
Cash
€15,390
2024 · €100,693-€85,302
Balance sheet total
€3.0m
2024 · €3.1m-€68,684
Largest movements
Assets
- Cash -€85,302
down €85,302 (-84.7%), from €100,693 to €15,390
mainly Investment in fixed assets (net) (-€98,949) and Other debts (-€24,671)
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Taxes -€21,940
down €21,940 (-93.2%), from €23,546 to €1,606
- Gross operating margin +€15,279
up €15,279 (+20.8%), from €73,583 to €88,861
- Financial income -€7,419
down €7,419 (-92.0%), from €8,065 to €646
- Other operating charges -€1,070
down €1,070 (-8.3%), from €12,917 to €11,847
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.
Result 2024
-€54,842
Gross operating margin
+€15,279
Depreciation
+€116
Other operating charges
+€1,070
Financial income
-€7,419
Financial charges
-€147
Taxes
+€21,940
Result 2025
-€24,003
raises the resultlowers the result
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.
From operations
+€13,647
Investment
-€98,949
Financing
€0
Cash 2024
€100,693
From operations (derived)
+€13,647
Net result for the year
-€24,003
Depreciation
+€71,737
Receivables within one year
+€10,718
Deferred charges and accrued income
-€124
Provisions
-€2,253
Trade debts
+€303
Tax, wage and social debts
+€4,400
Advances received
-€22,460
Other debts
-€24,671
Investment (derived)
-€98,949
Investment in fixed assets (net)
-€98,949
Cash 2025
€15,390
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,063,786 | €2,995,102 | -€68,684 | -2.2% |
| Fixed assets | 21/28 | €2,917,065 | €2,944,278 | +€27,212 | +0.9% |
| Tangible fixed assets | 22/27 | €2,401,606 | €2,428,819 | +€27,212 | +1.1% |
| Land and buildings | 22 | €2,367,182 | €2,398,972 | +€31,790 | +1.3% |
| Plant, machinery and equipment | 23 | €34,424 | €29,847 | -€4,578 | -13.3% |
| Financial fixed assets | 28 | €515,459 | €515,459 | = | 0.0% |
| Current assets | 29/58 | €146,721 | €50,825 | -€95,896 | -65.4% |
| Amounts receivable within one year | 40/41 | €44,793 | €34,075 | -€10,718 | -23.9% |
| Trade receivables | 40 | €40,747 | €23,226 | -€17,521 | -43.0% |
| Other amounts receivable | 41 | €4,045 | €10,848 | +€6,803 | +168% |
| Cash at bank and in hand | 54/58 | €100,693 | €15,390 | -€85,302 | -84.7% |
| Deferred charges and accrued income | 490/1 | €1,236 | €1,360 | +€124 | +10.0% |
| Total equity and liabilities | 10/49 | €3,063,786 | €2,995,102 | -€68,684 | -2.2% |
| Equity | 10/15 | €2,143,910 | €2,119,908 | -€24,003 | -1.1% |
| Contributions | 10/11 | €1,290,969 | €1,290,969 | = | 0.0% |
| Capital | 10 | €1,290,969 | €1,290,969 | = | 0.0% |
| Issued capital | 100 | €1,290,969 | €1,290,969 | = | 0.0% |
| Reserves | 13 | €175,663 | €170,300 | -€5,363 | -3.1% |
| Non-distributable reserves | 130/1 | €36,611 | €36,611 | = | 0.0% |
| Legal reserve | 130 | €36,073 | €36,073 | = | 0.0% |
| Reserves not available under the articles | 1311 | €537 | €537 | = | 0.0% |
| Tax-exempt reserves | 132 | €126,758 | €121,395 | -€5,363 | -4.2% |
| Distributable reserves | 133 | €12,294 | €12,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | €677,278 | €658,639 | -€18,640 | -2.8% |
| Provisions and deferred taxes | 16 | €53,245 | €50,992 | -€2,253 | -4.2% |
| Deferred taxes | 168 | €53,245 | €50,992 | -€2,253 | -4.2% |
| Amounts payable | 17/49 | €866,631 | €824,203 | -€42,429 | -4.9% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €336,631 | €294,203 | -€42,429 | -12.6% |
| Trade debts | 44 | €2,383 | €2,685 | +€303 | +12.7% |
| Suppliers | 440/4 | €2,383 | €2,685 | +€303 | +12.7% |
| Advances received on contracts in progress | 46 | €23,688 | €1,228 | -€22,460 | -94.8% |
| Taxes, remuneration and social security | 45 | €4,140 | €8,540 | +€4,400 | +106% |
| Taxes | 450/3 | €4,140 | €8,540 | +€4,400 | +106% |
| Other amounts payable | 47/48 | €306,421 | €281,750 | -€24,671 | -8.1% |
| Accrued charges and deferred income | 492/3 | €30,000 | €30,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,853 | €71,737 | -€116 | -0.2% |
| Other operating charges | 640/8 | €12,917 | €11,847 | -€1,070 | -8.3% |
| Gross operating margin | 9900 | €73,583 | €88,861 | +€15,279 | +20.8% |
| Operating profit (loss) | 9901 | -€11,188 | €5,277 | +€16,465 | |
| Financial income | 75/76B | €8,065 | €646 | -€7,419 | -92.0% |
| Recurring financial income | 75 | €8,065 | €646 | -€7,419 | -92.0% |
| Financial charges | 65/66B | €30,425 | €30,572 | +€147 | +0.5% |
| Recurring financial charges | 65 | €30,425 | €30,572 | +€147 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€33,549 | -€24,649 | +€8,899 | +26.5% |
| Transfer from deferred taxes | 780 | €2,253 | €2,253 | = | 0.0% |
| Income taxes | 67/77 | €23,546 | €1,606 | -€21,940 | -93.2% |
| Profit (loss) for the period | 9904 | -€54,842 | -€24,003 | +€30,839 | +56.2% |
| Transfer from tax-exempt reserves | 789 | €5,363 | €5,363 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,479 | -€18,640 | +€30,839 | +62.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.