Life Projects: 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.
Life Projects
Largest movements
- Cash +€48,875
up €48,875 (+163.2%), from €29,952 to €78,827
mainly Accrued charges and deferred income (+€32,409) and Deferred charges and accrued income (+€17,353)
- Deferred charges and accrued income -€17,353
down €17,353 (-92.4%), from €18,772 to €1,419
- Receivables within one year -€7,360
down €7,360 (-28.3%), from €26,027 to €18,667
of which Trade receivables: -€7,360
- Accrued charges and deferred income +€32,409
up €32,409 (+52.8%), from €61,343 to €93,752
- Trade debts -€17,553
down €17,553 (-97.3%), from €18,034 to €480
- Tax, wage and social debts +€7,138
up €7,138 (+1063.3%), from €671 to €7,809
- Gross operating margin +€2,181
up €2,181 (+108.5%), from €2,010 to €4,191
- Financial charges +€835
up €835 (+1166.7%), from €72 to €907
- Depreciation -€298
down €298 (-24.4%), from €1,223 to €925
- Other operating charges +€108
up €108 (+6.6%), from €1,648 to €1,756
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.
Cash bridge derived
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 | €75,676 | €98,913 | +€23,238 | +30.7% |
| Fixed assets | 21/28 | €925 | - | -€925 | |
| Tangible fixed assets | 22/27 | €925 | - | -€925 | |
| Furniture and vehicles | 24 | €925 | - | -€925 | |
| Current assets | 29/58 | €74,751 | €98,913 | +€24,163 | +32.3% |
| Amounts receivable within one year | 40/41 | €26,027 | €18,667 | -€7,360 | -28.3% |
| Trade receivables | 40 | €21,027 | €13,667 | -€7,360 | -35.0% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,952 | €78,827 | +€48,875 | +163.2% |
| Deferred charges and accrued income | 490/1 | €18,772 | €1,419 | -€17,353 | -92.4% |
| Total equity and liabilities | 10/49 | €75,676 | €98,913 | +€23,238 | +30.7% |
| Equity | 10/15 | -€4,372 | -€3,769 | +€603 | +13.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €489 | €489 | = | 0.0% |
| Distributable reserves | 133 | €489 | €489 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,861 | -€6,258 | +€603 | +8.8% |
| Amounts payable | 17/49 | €80,048 | €102,682 | +€22,634 | +28.3% |
| Amounts payable within one year | 42/48 | €18,705 | €8,930 | -€9,775 | -52.3% |
| Trade debts | 44 | €18,034 | €480 | -€17,553 | -97.3% |
| Suppliers | 440/4 | €18,034 | €480 | -€17,553 | -97.3% |
| Advances received on contracts in progress | 46 | - | €641 | +€641 | |
| Taxes, remuneration and social security | 45 | €671 | €7,809 | +€7,138 | +1063.3% |
| Taxes | 450/3 | €671 | €7,809 | +€7,138 | +1063.3% |
| Accrued charges and deferred income | 492/3 | €61,343 | €93,752 | +€32,409 | +52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,223 | €925 | -€298 | -24.4% |
| Other operating charges | 640/8 | €1,648 | €1,756 | +€108 | +6.6% |
| Gross operating margin | 9900 | €2,010 | €4,191 | +€2,181 | +108.5% |
| Operating profit (loss) | 9901 | -€861 | €1,510 | +€2,371 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -81.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -81.0% |
| Financial charges | 65/66B | €72 | €907 | +€835 | +1166.7% |
| Recurring financial charges | 65 | €72 | €907 | +€835 | +1166.7% |
| Profit (loss) for the period before taxes | 9903 | -€931 | €603 | +€1,534 | |
| Profit (loss) for the period | 9904 | -€931 | €603 | +€1,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€931 | €603 | +€1,534 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.