LIFE - SYSTEMS: 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 - SYSTEMS
Largest movements
- Receivables within one year -€24,666
down €24,666 (-87.6%), from €28,155 to €3,489
of which Trade receivables: -€14,637
- Other debts -€49,115
down €49,115 (-100.0%), from €49,115 to €0
- Profit (loss) carried forward +€33,804
up €33,804 (+60.2%), from -€56,136 to -€22,331
- Tax, wage and social debts -€10,746
down €10,746 (-77.1%), from €13,941 to €3,195
- Trade debts +€1,369
up €1,369 (+12.9%), from €10,622 to €11,991
- Gross operating margin -€752
down €752 (-1.7%), from €45,310 to €44,558
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 | €37,994 | €13,306 | -€24,688 | -65.0% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €37,494 | €12,806 | -€24,688 | -65.8% |
| Stocks and contracts in progress | 3 | €404 | €585 | +€181 | +44.9% |
| Stocks | 30/36 | €404 | €585 | +€181 | +44.9% |
| Amounts receivable within one year | 40/41 | €28,155 | €3,489 | -€24,666 | -87.6% |
| Trade receivables | 40 | €18,126 | €3,489 | -€14,637 | -80.8% |
| Other amounts receivable | 41 | €10,029 | €0 | -€10,029 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,871 | €8,716 | -€155 | -1.7% |
| Deferred charges and accrued income | 490/1 | €64 | €15 | -€48 | -75.9% |
| Total equity and liabilities | 10/49 | €37,994 | €13,306 | -€24,688 | -65.0% |
| Equity | 10/15 | -€35,684 | -€1,880 | +€33,804 | +94.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,136 | -€22,331 | +€33,804 | +60.2% |
| Amounts payable | 17/49 | €73,678 | €15,186 | -€58,492 | -79.4% |
| Amounts payable within one year | 42/48 | €73,678 | €15,186 | -€58,492 | -79.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €10,622 | €11,991 | +€1,369 | +12.9% |
| Suppliers | 440/4 | €10,622 | €11,991 | +€1,369 | +12.9% |
| Taxes, remuneration and social security | 45 | €13,941 | €3,195 | -€10,746 | -77.1% |
| Taxes | 450/3 | €13,941 | €3,195 | -€10,746 | -77.1% |
| Other amounts payable | 47/48 | €49,115 | €0 | -€49,115 | -100.0% |
| Non-recurring operating income | 76A | €16,116 | €0 | -€16,116 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €664 | €928 | +€263 | +39.7% |
| Non-recurring operating charges | 66A | - | €10,002 | +€10,002 | |
| Gross operating margin | 9900 | €45,310 | €44,558 | -€752 | -1.7% |
| Operating profit (loss) | 9901 | €44,646 | €33,628 | -€11,018 | -24.7% |
| Financial income | 75/76B | €102 | €396 | +€294 | +287.7% |
| Recurring financial income | 75 | €102 | €396 | +€294 | +287.7% |
| Financial charges | 65/66B | €353 | €220 | -€133 | -37.7% |
| Recurring financial charges | 65 | €353 | €220 | -€133 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €44,395 | €33,804 | -€10,591 | -23.9% |
| Income taxes | 67/77 | €233 | €0 | -€233 | -100.0% |
| Profit (loss) for the period | 9904 | €44,163 | €33,804 | -€10,358 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,163 | €33,804 | -€10,358 | -23.5% |
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.