LIFE STYLE: 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 STYLE
Largest movements
- Receivables within one year +€276,990
up €276,990 (+46.8%), from €592,071 to €869,061
of which Other amounts receivable: +€283,130
- Tangible fixed assets +€55,084
up €55,084 (+8.0%), from €692,444 to €747,528
of which Other tangible fixed assets: +€54,585
- Cash -€24,472
down €24,472 (-52.6%), from €46,549 to €22,077
mainly Receivables within one year (-€276,990) and Investment in fixed assets (net) (-€201,021)
- Profit (loss) carried forward +€339,498
up €339,498 (+119%), from €284,295 to €623,793
- Debts after one year -€82,932
down €82,932 (-17.4%), from €476,585 to €393,653
- Current portion of long-term debt +€63,127
up €63,127 (+292%), from €21,622 to €84,749
- Gross operating margin +€137,721
up €137,721 (+17.0%), from €811,882 to €949,603
- Taxes +€56,749
up €56,749 (+236%), from €24,082 to €80,831
- Depreciation +€9,757
up €9,757 (+7.4%), from €131,105 to €140,862
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 | €1,331,295 | €1,643,813 | +€312,518 | +23.5% |
| Fixed assets | 21/28 | €692,444 | €752,603 | +€60,159 | +8.7% |
| Tangible fixed assets | 22/27 | €692,444 | €747,528 | +€55,084 | +8.0% |
| Land and buildings | 22 | €477,152 | €510,805 | +€33,653 | +7.1% |
| Plant, machinery and equipment | 23 | €81,885 | €76,159 | -€5,726 | -7.0% |
| Furniture and vehicles | 24 | €129,661 | €102,233 | -€27,428 | -21.2% |
| Other tangible fixed assets | 26 | €3,746 | €58,331 | +€54,585 | +1,457% |
| Financial fixed assets | 28 | - | €5,075 | +€5,075 | |
| Current assets | 29/58 | €638,851 | €891,210 | +€252,359 | +39.5% |
| Stocks and contracts in progress | 3 | €231 | €71 | -€160 | -69.3% |
| Stocks | 30/36 | €231 | €71 | -€160 | -69.3% |
| Amounts receivable within one year | 40/41 | €592,071 | €869,061 | +€276,990 | +46.8% |
| Trade receivables | 40 | €6,140 | €0 | -€6,140 | -100% |
| Other amounts receivable | 41 | €585,931 | €869,061 | +€283,130 | +48.3% |
| Cash at bank and in hand | 54/58 | €46,549 | €22,077 | -€24,472 | -52.6% |
| Deferred charges and accrued income | 490/1 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €1,331,295 | €1,643,813 | +€312,518 | +23.5% |
| Equity | 10/15 | €811,832 | €1,151,330 | +€339,498 | +41.8% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Capital | 10 | €37,184 | €37,184 | = | 0.0% |
| Issued capital | 100 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €490,353 | €490,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Legal reserve | 130 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €486,635 | €486,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,295 | €623,793 | +€339,498 | +119% |
| Amounts payable | 17/49 | €519,463 | €492,483 | -€26,980 | -5.2% |
| Amounts payable after more than one year | 17 | €476,585 | €393,653 | -€82,932 | -17.4% |
| Financial debts | 170/4 | €476,585 | €393,653 | -€82,932 | -17.4% |
| Amounts payable within one year | 42/48 | €42,877 | €98,830 | +€55,953 | +130% |
| Current portion of amounts payable after more than one year | 42 | €21,622 | €84,749 | +€63,127 | +292% |
| Trade debts | 44 | €11,009 | €4,162 | -€6,847 | -62.2% |
| Suppliers | 440/4 | €11,009 | €4,162 | -€6,847 | -62.2% |
| Taxes, remuneration and social security | 45 | €10,246 | €6,894 | -€3,352 | -32.7% |
| Taxes | 450/3 | €10,246 | €6,894 | -€3,352 | -32.7% |
| Other amounts payable | 47/48 | - | €3,025 | +€3,025 | |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Remuneration, social security and pensions | 62 | €342,365 | €342,861 | +€496 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,105 | €140,862 | +€9,757 | +7.4% |
| Other operating charges | 640/8 | €29,913 | €29,136 | -€777 | -2.6% |
| Gross operating margin | 9900 | €811,882 | €949,603 | +€137,721 | +17.0% |
| Operating profit (loss) | 9901 | €308,499 | €436,744 | +€128,245 | +41.6% |
| Financial income | 75/76B | €0 | €743 | +€743 | |
| Recurring financial income | 75 | €0 | €743 | +€743 | |
| Non-recurring financial income | 76B | - | €743 | +€743 | |
| Financial charges | 65/66B | €20,813 | €25,010 | +€4,197 | +20.2% |
| Recurring financial charges | 65 | €20,813 | €25,010 | +€4,197 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €287,686 | €412,477 | +€124,791 | +43.4% |
| Income taxes | 67/77 | €24,082 | €80,831 | +€56,749 | +236% |
| Profit (loss) for the period | 9904 | €263,604 | €331,646 | +€68,042 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €263,604 | €331,646 | +€68,042 | +25.8% |
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 30 October 2026 via checked.be.