LIFEWORX GROUP: 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.
What changed
LIFEWORX GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €961,356+€47,897
Equity
€4.3m
2024 · €3.6m+€709,253
Cash
€137,425
2024 · €125,948+€11,477
Balance sheet total
€6.8m
2024 · €6.9m-€77,551
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€658,791
up €658,791 (+1,417%), from €46,506 to €705,297
- Other debts -€341,000
down €341,000 (-27.3%), from €1.3m to €909,000
- Debts after one year -€257,143
down €257,143 (-20.0%), from €1.3m to €1.0m
- Trade debts -€166,687
down €166,687 (-36.9%), from €451,578 to €284,892
Income statement
- Financial income +€429,929
up €429,929 (+42.9%), from €1.0m to €1.4m
of which Financial income: +€488,909
- Financial charges +€261,396
up €261,396 (+399%), from €65,486 to €326,882
of which Non-recurring financial charges: +€271,196
- Turnover -€145,987
down €145,987 (-5.7%), from €2.6m to €2.4m
- Staff costs -€120,808
down €120,808 (-30.6%), from €395,355 to €274,547
- Services and other goods +€117,262
up €117,262 (+6.2%), from €1.9m to €2.0m
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.
Result 2024
€961,356
Turnover
-€145,987
Other operating income
-€8,400
Services and other goods
-€117,262
Staff costs
+€120,808
Depreciation
-€34,256
Other operating charges
+€87,888
Other operating items
-€123,069
Financial income
+€429,929
Financial charges
-€261,396
Taxes
+€99,642
Result 2025
€1.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€640,224
Investment
-€84,567
Financing
-€544,179
Cash 2024
€125,948
From operations (derived)
+€640,224
Net result for the year
+€1.0m
Depreciation
+€89,964
Receivables within one year
+€46,744
Deferred charges and accrued income
+€36,887
Trade debts
-€166,687
Tax, wage and social debts
-€34,973
Other debts
-€341,000
Accrued charges and deferred income
+€35
Investment (derived)
-€84,567
Investment in fixed assets (net)
-€84,567
Financing
-€544,179
Debts after one year
-€257,143
Short-term financial debts
+€12,963
Contributions, distributions and other
-€300,000
Cash 2025
€137,425
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,922,895 | €6,845,344 | -€77,551 | -1.1% |
| Formation expenses | 20 | €2,608 | €1,696 | -€911 | -34.9% |
| Fixed assets | 21/28 | €6,086,945 | €6,082,460 | -€4,486 | -0.1% |
| Intangible fixed assets | 21 | €78,932 | €75,403 | -€3,529 | -4.5% |
| Tangible fixed assets | 22/27 | €149,929 | €148,973 | -€957 | -0.6% |
| Plant, machinery and equipment | 23 | €9,037 | €6,249 | -€2,788 | -30.8% |
| Furniture and vehicles | 24 | €140,199 | €141,382 | +€1,182 | +0.8% |
| Other tangible fixed assets | 26 | €693 | €1,342 | +€649 | +93.7% |
| Financial fixed assets | 28 | €5,858,084 | €5,858,084 | = | 0.0% |
| Affiliated companies | 280/1 | €5,827,361 | €5,827,361 | = | 0.0% |
| Participating interests | 280 | €5,827,361 | €5,827,361 | = | 0.0% |
| Other financial fixed assets | 284/8 | €30,724 | €30,724 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €30,724 | €30,724 | = | 0.0% |
| Current assets | 29/58 | €833,342 | €761,188 | -€72,154 | -8.7% |
| Amounts receivable within one year | 40/41 | €607,823 | €561,079 | -€46,744 | -7.7% |
| Trade receivables | 40 | €272,419 | €162,548 | -€109,871 | -40.3% |
| Other amounts receivable | 41 | €335,404 | €398,531 | +€63,127 | +18.8% |
| Cash at bank and in hand | 54/58 | €125,948 | €137,425 | +€11,477 | +9.1% |
| Deferred charges and accrued income | 490/1 | €99,572 | €62,684 | -€36,887 | -37.0% |
| Total equity and liabilities | 10/49 | €6,922,895 | €6,845,344 | -€77,551 | -1.1% |
| Equity | 10/15 | €3,616,776 | €4,326,030 | +€709,253 | +19.6% |
| Contributions | 10/11 | €3,486,243 | €3,486,243 | = | 0.0% |
| Capital | 10 | €3,486,243 | €3,486,243 | = | 0.0% |
| Issued capital | 100 | €3,894,000 | €3,894,000 | = | 0.0% |
| Uncalled capital | 101 | €407,757 | €407,757 | = | 0.0% |
| Reserves | 13 | €84,027 | €134,489 | +€50,463 | +60.1% |
| Non-distributable reserves | 130/1 | €84,027 | €134,489 | +€50,463 | +60.1% |
| Legal reserve | 130 | €84,027 | €134,489 | +€50,463 | +60.1% |
| Profit (loss) carried forward | 14 | €46,506 | €705,297 | +€658,791 | +1,417% |
| Amounts payable | 17/49 | €3,306,119 | €2,519,315 | -€786,805 | -23.8% |
| Amounts payable after more than one year | 17 | €1,285,714 | €1,028,571 | -€257,143 | -20.0% |
| Financial debts | 170/4 | €1,285,714 | €1,028,571 | -€257,143 | -20.0% |
| Credit institutions | 173 | €1,285,714 | €1,028,571 | -€257,143 | -20.0% |
| Amounts payable within one year | 42/48 | €2,020,405 | €1,490,708 | -€529,697 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €257,143 | €257,143 | = | 0.0% |
| Financial debts | 43 | - | €12,963 | +€12,963 | |
| Credit institutions | 430/8 | - | €12,963 | +€12,963 | |
| Trade debts | 44 | €451,578 | €284,892 | -€166,687 | -36.9% |
| Suppliers | 440/4 | €451,578 | €284,892 | -€166,687 | -36.9% |
| Taxes, remuneration and social security | 45 | €61,684 | €26,710 | -€34,973 | -56.7% |
| Taxes | 450/3 | €15,522 | €7,534 | -€7,988 | -51.5% |
| Remuneration and social security | 454/9 | €46,161 | €19,176 | -€26,985 | -58.5% |
| Other amounts payable | 47/48 | €1,250,000 | €909,000 | -€341,000 | -27.3% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Operating income | 70/76A | €2,601,622 | €2,447,235 | -€154,387 | -5.9% |
| Turnover | 70 | €2,578,612 | €2,432,625 | -€145,987 | -5.7% |
| Other operating income | 74 | €23,011 | €14,611 | -€8,400 | -36.5% |
| Operating charges | 60/66A | €2,526,676 | €2,592,567 | +€65,891 | +2.6% |
| Services and other goods | 61 | €1,886,794 | €2,004,056 | +€117,262 | +6.2% |
| Remuneration, social security and pensions | 62 | €395,355 | €274,547 | -€120,808 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,708 | €89,964 | +€34,256 | +61.5% |
| Other operating charges | 640/8 | €108,176 | €20,288 | -€87,888 | -81.2% |
| Non-recurring operating charges | 66A | €80,643 | €203,713 | +€123,069 | +153% |
| Operating profit (loss) | 9901 | €74,946 | -€145,332 | -€220,278 | |
| Financial income | 75/76B | €1,002,544 | €1,432,473 | +€429,929 | +42.9% |
| Recurring financial income | 75 | €943,564 | €1,432,473 | +€488,909 | +51.8% |
| Income from financial fixed assets | 750 | €926,000 | €1,420,000 | +€494,000 | +53.3% |
| Income from current assets | 751 | €17,564 | €12,473 | -€5,091 | -29.0% |
| Non-recurring financial income | 76B | €58,980 | - | -€58,980 | |
| Financial charges | 65/66B | €65,486 | €326,882 | +€261,396 | +399% |
| Recurring financial charges | 65 | €65,486 | €55,686 | -€9,800 | -15.0% |
| Debt charges | 650 | €65,398 | €55,513 | -€9,885 | -15.1% |
| Other financial charges | 652/9 | €87 | €173 | +€86 | +98.3% |
| Non-recurring financial charges | 66B | - | €271,196 | +€271,196 | |
| Profit (loss) for the period before taxes | 9903 | €1,012,004 | €960,260 | -€51,745 | -5.1% |
| Income taxes | 67/77 | €50,648 | -€48,994 | -€99,642 | |
| Taxes | 670/3 | €50,648 | - | -€50,648 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €48,994 | +€48,994 | |
| Profit (loss) for the period | 9904 | €961,356 | €1,009,253 | +€47,897 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €961,356 | €1,009,253 | +€47,897 | +5.0% |
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 25 October 2026 via checked.be.