LIFE STREAM: what changed
What changed
LIFE STREAM
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€27,001
2024 · €29,482-€2,481
Equity
€196,751
2024 · €192,750+€4,001
Cash
€222,433
2024 · €222,195+€238
Balance sheet total
€307,268
2024 · €299,586+€7,682
Largest movements
Assets
- Receivables within one year +€18,105
up €18,105 (+119%), from €15,254 to €33,359
of which Trade receivables: +€19,859
- Tangible fixed assets -€15,272
down €15,272 (-31.2%), from €48,872 to €33,600
of which Furniture and vehicles: -€12,380
- Stocks and contracts +€4,611
up €4,611 (+34.8%), from €13,265 to €17,876
Equity and liabilities
- Other debts +€54,493
up €54,493 (+144%), from €37,713 to €92,206
- Trade debts -€36,224
down €36,224 (-96.2%), from €37,639 to €1,415
- Tax, wage and social debts -€12,970
down €12,970 (-67.8%), from €19,119 to €6,149
- Reserves +€3,500
up €3,500 (+2.1%), from €169,186 to €172,686
of which Distributable reserves: +€3,500
Income statement
- Gross operating margin -€1,589
down €1,589 (-2.4%), from €67,095 to €65,506
- Financial charges +€892
up €892 (+29.9%), from €2,982 to €3,874
- Taxes -€671
down €671 (-4.5%), from €14,937 to €14,266
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,482
Gross operating margin
-€1,589
Depreciation
-€367
Write-downs
+€138
Other operating charges
-€346
Other operating items
-€130
Financial income
+€34
Financial charges
-€892
Taxes
+€671
Result 2025
€27,001
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,245
Investment
-€3,475
Financing
-€25,532
Cash 2024
€222,195
From operations (derived)
+€29,245
Net result for the year
+€27,001
Depreciation
+€18,747
Stocks and contracts
-€4,611
Receivables within one year
-€18,105
Trade debts
-€36,224
Tax, wage and social debts
-€12,970
Other debts
+€54,493
Accrued charges and deferred income
+€914
Investment (derived)
-€3,475
Investment in fixed assets (net)
-€3,475
Financing
-€25,532
Debts after one year
-€212
Short-term financial debts
-€2,320
Contributions, distributions and other
-€23,000
Cash 2025
€222,433
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €299,586 | €307,268 | +€7,682 | +2.6% |
| Fixed assets | 21/28 | €48,872 | €33,600 | -€15,272 | -31.2% |
| Tangible fixed assets | 22/27 | €48,872 | €33,600 | -€15,272 | -31.2% |
| Plant, machinery and equipment | 23 | €8,490 | €6,211 | -€2,279 | -26.8% |
| Furniture and vehicles | 24 | €36,627 | €24,247 | -€12,380 | -33.8% |
| Other tangible fixed assets | 26 | €3,755 | €3,142 | -€613 | -16.3% |
| Current assets | 29/58 | €250,714 | €273,668 | +€22,954 | +9.2% |
| Stocks and contracts in progress | 3 | €13,265 | €17,876 | +€4,611 | +34.8% |
| Stocks | 30/36 | €13,265 | €17,876 | +€4,611 | +34.8% |
| Amounts receivable within one year | 40/41 | €15,254 | €33,359 | +€18,105 | +119% |
| Trade receivables | 40 | €13,006 | €32,865 | +€19,859 | +153% |
| Other amounts receivable | 41 | €2,248 | €494 | -€1,754 | -78.0% |
| Cash at bank and in hand | 54/58 | €222,195 | €222,433 | +€238 | +0.1% |
| Total equity and liabilities | 10/49 | €299,586 | €307,268 | +€7,682 | +2.6% |
| Equity | 10/15 | €192,750 | €196,751 | +€4,001 | +2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,186 | €172,686 | +€3,500 | +2.1% |
| Tax-exempt reserves | 132 | €2,326 | €2,326 | = | 0.0% |
| Distributable reserves | 133 | €166,860 | €170,360 | +€3,500 | +2.1% |
| Profit (loss) carried forward | 14 | €4,964 | €5,465 | +€501 | +10.1% |
| Amounts payable | 17/49 | €106,836 | €110,517 | +€3,681 | +3.4% |
| Amounts payable after more than one year | 17 | €212 | - | -€212 | |
| Financial debts | 170/4 | €212 | - | -€212 | |
| Amounts payable within one year | 42/48 | €97,003 | €99,982 | +€2,979 | +3.1% |
| Financial debts | 43 | €2,532 | €212 | -€2,320 | -91.6% |
| Credit institutions | 430/8 | €2,532 | €212 | -€2,320 | -91.6% |
| Trade debts | 44 | €37,639 | €1,415 | -€36,224 | -96.2% |
| Suppliers | 440/4 | €37,639 | €1,415 | -€36,224 | -96.2% |
| Taxes, remuneration and social security | 45 | €19,119 | €6,149 | -€12,970 | -67.8% |
| Taxes | 450/3 | €19,119 | €6,149 | -€12,970 | -67.8% |
| Other amounts payable | 47/48 | €37,713 | €92,206 | +€54,493 | +144% |
| Accrued charges and deferred income | 492/3 | €9,621 | €10,535 | +€914 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,380 | €18,747 | +€367 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €138 | - | -€138 | |
| Other operating charges | 640/8 | €1,198 | €1,544 | +€346 | +28.9% |
| Non-recurring operating charges | 66A | - | €130 | +€130 | |
| Gross operating margin | 9900 | €67,095 | €65,506 | -€1,589 | -2.4% |
| Operating profit (loss) | 9901 | €47,379 | €45,085 | -€2,294 | -4.8% |
| Financial income | 75/76B | €22 | €56 | +€34 | +155% |
| Recurring financial income | 75 | €22 | €56 | +€34 | +155% |
| Financial charges | 65/66B | €2,982 | €3,874 | +€892 | +29.9% |
| Recurring financial charges | 65 | €2,982 | €3,874 | +€892 | +29.9% |
| Profit (loss) for the period before taxes | 9903 | €44,419 | €41,267 | -€3,152 | -7.1% |
| Income taxes | 67/77 | €14,937 | €14,266 | -€671 | -4.5% |
| Profit (loss) for the period | 9904 | €29,482 | €27,001 | -€2,481 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,482 | €27,001 | -€2,481 | -8.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.