LIFE PROPERTIES: 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 PROPERTIES
Largest movements
- Cash +€382,281
up €382,281 (+3859.0%), from €9,906 to €392,187
mainly Other debts (+€389,942) and Debts after one year (+€130,643)
- Tangible fixed assets +€165,751
up €165,751 (+25.1%), from €659,681 to €825,432
of which Land and buildings: +€166,032
- Receivables within one year +€20,893
up €20,893 (+226.9%), from €9,207 to €30,100
of which Trade receivables: +€20,893
- Other debts +€389,942
up €389,942 (+139.4%), from €279,691 to €669,633
- Debts after one year +€130,643
up €130,643 (+24.4%), from €534,830 to €665,473
of which Financial debts: +€130,643
- Short-term financial debts +€64,887
up €64,887 (+430.2%), from €15,084 to €79,971
of which Credit institutions: +€67,471
- Reserves -€62,175
down €62,175 (-14.6%), from €425,366 to €363,191
of which Distributable reserves: -€53,477
- Gross operating margin +€102,514
up €102,514 (+60.6%), from €169,193 to €271,707
- Taxes +€28,529
up €28,529 (+97.4%), from €29,281 to €57,810
- Depreciation +€20,653
up €20,653 (+38.3%), from €53,890 to €74,543
- Other operating charges -€9,070
down €9,070 (-48.3%), from €18,796 to €9,725
- Financial charges -€6,720
down €6,720 (-28.2%), from €23,788 to €17,068
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 | €1,458,669 | €2,028,486 | +€569,818 | +39.1% |
| Fixed assets | 21/28 | €1,438,234 | €1,603,985 | +€165,751 | +11.5% |
| Tangible fixed assets | 22/27 | €659,681 | €825,432 | +€165,751 | +25.1% |
| Land and buildings | 22 | €658,463 | €824,495 | +€166,032 | +25.2% |
| Plant, machinery and equipment | 23 | €1,218 | €937 | -€281 | -23.1% |
| Financial fixed assets | 28 | €778,553 | €778,553 | = | 0.0% |
| Current assets | 29/58 | €20,434 | €424,501 | +€404,067 | +1977.4% |
| Amounts receivable within one year | 40/41 | €9,207 | €30,100 | +€20,893 | +226.9% |
| Trade receivables | 40 | €4,207 | €25,100 | +€20,893 | +496.6% |
| Other amounts receivable | 41 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,906 | €392,187 | +€382,281 | +3859.0% |
| Deferred charges and accrued income | 490/1 | €1,321 | €2,214 | +€894 | +67.6% |
| Total equity and liabilities | 10/49 | €1,458,669 | €2,028,486 | +€569,818 | +39.1% |
| Equity | 10/15 | €430,005 | €369,391 | -€60,613 | -14.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €425,366 | €363,191 | -€62,175 | -14.6% |
| Non-distributable reserves | 130/1 | €6,860 | €6,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,860 | €6,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,844 | €166,146 | -€8,698 | -5.0% |
| Distributable reserves | 133 | €243,662 | €190,185 | -€53,477 | -21.9% |
| Profit (loss) carried forward | 14 | -€1,561 | €0 | +€1,561 | |
| Provisions and deferred taxes | 16 | €55,285 | €52,386 | -€2,899 | -5.2% |
| Deferred taxes | 168 | €55,285 | €52,386 | -€2,899 | -5.2% |
| Amounts payable | 17/49 | €973,379 | €1,606,709 | +€633,331 | +65.1% |
| Amounts payable after more than one year | 17 | €534,830 | €665,473 | +€130,643 | +24.4% |
| Financial debts | 170/4 | €532,447 | €663,090 | +€130,643 | +24.5% |
| Other amounts payable | 178/9 | €2,383 | €2,383 | = | 0.0% |
| Amounts payable within one year | 42/48 | €438,549 | €939,256 | +€500,707 | +114.2% |
| Current portion of amounts payable after more than one year | 42 | €91,664 | €104,297 | +€12,633 | +13.8% |
| Financial debts | 43 | €15,084 | €79,971 | +€64,887 | +430.2% |
| Credit institutions | 430/8 | €12,500 | €79,971 | +€67,471 | +539.8% |
| Other loans | 439 | €2,584 | - | -€2,584 | |
| Trade debts | 44 | €30,639 | €48,587 | +€17,949 | +58.6% |
| Suppliers | 440/4 | €30,639 | €48,587 | +€17,949 | +58.6% |
| Taxes, remuneration and social security | 45 | €21,470 | €36,768 | +€15,297 | +71.2% |
| Taxes | 450/3 | €21,470 | €36,768 | +€15,297 | +71.2% |
| Other amounts payable | 47/48 | €279,691 | €669,633 | +€389,942 | +139.4% |
| Accrued charges and deferred income | 492/3 | - | €1,980 | +€1,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,890 | €74,543 | +€20,653 | +38.3% |
| Other operating charges | 640/8 | €18,796 | €9,725 | -€9,070 | -48.3% |
| Gross operating margin | 9900 | €169,193 | €271,707 | +€102,514 | +60.6% |
| Operating profit (loss) | 9901 | €96,507 | €187,439 | +€90,931 | +94.2% |
| Financial charges | 65/66B | €23,788 | €17,068 | -€6,720 | -28.2% |
| Recurring financial charges | 65 | €23,788 | €17,068 | -€6,720 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €72,720 | €170,371 | +€97,651 | +134.3% |
| Transfer from deferred taxes | 780 | €972 | €2,899 | +€1,927 | +198.2% |
| Income taxes | 67/77 | €29,281 | €57,810 | +€28,529 | +97.4% |
| Profit (loss) for the period | 9904 | €44,412 | €115,460 | +€71,049 | +160.0% |
| Transfer from tax-exempt reserves | 789 | €2,917 | €8,698 | +€5,781 | +198.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,329 | €124,158 | +€76,829 | +162.3% |
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 7 October 2026 via checked.be.