LIFE TIME CONSTRUCT: 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 TIME CONSTRUCT
Largest movements
- Receivables after one year +€9,422
up €9,422 (+28.7%), from €32,789 to €42,210
- Receivables within one year +€4,164
up €4,164 (+5.0%), from €82,756 to €86,921
of which Trade receivables: +€5,637
- Trade debts +€6,809
up €6,809 (+15.9%), from €42,790 to €49,599
- Profit (loss) carried forward +€6,103
up €6,103 (+9.9%), from €61,451 to €67,554
- Gross operating margin -€12,463
down €12,463 (-57.4%), from €21,697 to €9,233
- Other operating charges -€2,140
down €2,140 (-49.2%), from €4,346 to €2,206
- Taxes -€1,592
down €1,592 (-42.4%), from €3,757 to €2,165
- Financial income +€1,502
up €1,502 (+309.2%), from €486 to €1,987
- Staff costs +€325
new in 2023: €325
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,649 | €131,134 | +€13,486 | +11.5% |
| Fixed assets | 21/28 | - | €810 | +€810 | |
| Financial fixed assets | 28 | - | €810 | +€810 | |
| Current assets | 29/58 | €117,649 | €130,324 | +€12,676 | +10.8% |
| Amounts receivable after more than one year | 29 | €32,789 | €42,210 | +€9,422 | +28.7% |
| Trade receivables | 290 | €32,789 | €42,210 | +€9,422 | +28.7% |
| Amounts receivable within one year | 40/41 | €82,756 | €86,921 | +€4,164 | +5.0% |
| Trade receivables | 40 | €79,527 | €85,164 | +€5,637 | +7.1% |
| Other amounts receivable | 41 | €3,229 | €1,757 | -€1,472 | -45.6% |
| Cash at bank and in hand | 54/58 | €2,104 | €1,193 | -€910 | -43.3% |
| Total equity and liabilities | 10/49 | €117,649 | €131,134 | +€13,486 | +11.5% |
| Equity | 10/15 | €69,511 | €75,614 | +€6,103 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,451 | €67,554 | +€6,103 | +9.9% |
| Amounts payable | 17/49 | €48,137 | €55,520 | +€7,383 | +15.3% |
| Amounts payable within one year | 42/48 | €47,967 | €55,520 | +€7,554 | +15.7% |
| Trade debts | 44 | €42,790 | €49,599 | +€6,809 | +15.9% |
| Suppliers | 440/4 | €42,790 | €49,599 | +€6,809 | +15.9% |
| Taxes, remuneration and social security | 45 | €5,177 | €5,921 | +€744 | +14.4% |
| Taxes | 450/3 | €5,177 | €5,921 | +€744 | +14.4% |
| Accrued charges and deferred income | 492/3 | €171 | - | -€171 | |
| Remuneration, social security and pensions | 62 | - | €325 | +€325 | |
| Other operating charges | 640/8 | €4,346 | €2,206 | -€2,140 | -49.2% |
| Gross operating margin | 9900 | €21,697 | €9,233 | -€12,463 | -57.4% |
| Operating profit (loss) | 9901 | €17,350 | €6,702 | -€10,648 | -61.4% |
| Financial income | 75/76B | €486 | €1,987 | +€1,502 | +309.2% |
| Recurring financial income | 75 | €486 | €1,987 | +€1,502 | +309.2% |
| Financial charges | 65/66B | €403 | €422 | +€19 | +4.7% |
| Recurring financial charges | 65 | €403 | €422 | +€19 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €17,433 | €8,267 | -€9,165 | -52.6% |
| Income taxes | 67/77 | €3,757 | €2,165 | -€1,592 | -42.4% |
| Profit (loss) for the period | 9904 | €13,676 | €6,103 | -€7,573 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,676 | €6,103 | -€7,573 | -55.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.