LIFEXA: 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.
LIFEXA
Largest movements
- Receivables within one year -€735,812
down €735,812 (-27.9%), from €2.6m to €1.9m
of which Trade receivables: -€736,109
- Cash +€508,416
up €508,416 (+1634.3%), from €31,109 to €539,524
mainly Receivables within one year (+€735,812) and Stocks and contracts (+€379,731)
- Stocks and contracts -€379,731
down €379,731 (-48.0%), from €790,987 to €411,256
- Trade debts -€1.1m
down €1.1m (-53.0%), from €2.1m to €994,727
- Profit (loss) carried forward +€368,660
up €368,660 (+35.1%), from €1.0m to €1.4m
- Tax, wage and social debts +€54,881
up €54,881 (+87.3%), from €62,895 to €117,776
of which Taxes: +€45,953
- Other debts +€53,667
up €53,667 (+21.6%), from €248,036 to €301,703
- Gross operating margin +€291,522
up €291,522 (+59.1%), from €493,327 to €784,849
- Staff costs +€76,771
up €76,771 (+45.5%), from €168,859 to €245,630
- Taxes +€56,568
up €56,568 (+72.7%), from €77,833 to €134,401
- Other operating charges +€13,873
up €13,873 (+615.7%), from €2,253 to €16,126
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 | €3,525,142 | €2,903,803 | -€621,338 | -17.6% |
| Fixed assets | 21/28 | €54,164 | €36,994 | -€17,169 | -31.7% |
| Tangible fixed assets | 22/27 | €49,709 | €32,539 | -€17,169 | -34.5% |
| Plant, machinery and equipment | 23 | €5,387 | €2,587 | -€2,800 | -52.0% |
| Furniture and vehicles | 24 | €34,085 | €21,645 | -€12,440 | -36.5% |
| Other tangible fixed assets | 26 | €10,236 | €8,307 | -€1,929 | -18.8% |
| Financial fixed assets | 28 | €4,455 | €4,455 | = | 0.0% |
| Current assets | 29/58 | €3,470,978 | €2,866,809 | -€604,169 | -17.4% |
| Stocks and contracts in progress | 3 | €790,987 | €411,256 | -€379,731 | -48.0% |
| Stocks | 30/36 | €790,987 | €411,256 | -€379,731 | -48.0% |
| Amounts receivable within one year | 40/41 | €2,638,846 | €1,903,033 | -€735,812 | -27.9% |
| Trade receivables | 40 | €2,512,431 | €1,776,321 | -€736,109 | -29.3% |
| Other amounts receivable | 41 | €126,415 | €126,712 | +€297 | +0.2% |
| Cash at bank and in hand | 54/58 | €31,109 | €539,524 | +€508,416 | +1634.3% |
| Deferred charges and accrued income | 490/1 | €10,037 | €12,996 | +€2,959 | +29.5% |
| Total equity and liabilities | 10/49 | €3,525,142 | €2,903,803 | -€621,338 | -17.6% |
| Equity | 10/15 | €1,068,458 | €1,437,118 | +€368,660 | +34.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,049,858 | €1,418,518 | +€368,660 | +35.1% |
| Amounts payable | 17/49 | €2,456,683 | €1,466,685 | -€989,998 | -40.3% |
| Amounts payable after more than one year | 17 | €20,922 | €13,373 | -€7,549 | -36.1% |
| Financial debts | 170/4 | €20,922 | €13,373 | -€7,549 | -36.1% |
| Amounts payable within one year | 42/48 | €2,434,123 | €1,453,312 | -€980,811 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €7,213 | €39,106 | +€31,893 | +442.2% |
| Trade debts | 44 | €2,115,980 | €994,727 | -€1.1m | -53.0% |
| Suppliers | 440/4 | €2,115,980 | €994,727 | -€1.1m | -53.0% |
| Taxes, remuneration and social security | 45 | €62,895 | €117,776 | +€54,881 | +87.3% |
| Taxes | 450/3 | €41,282 | €87,235 | +€45,953 | +111.3% |
| Remuneration and social security | 454/9 | €21,613 | €30,541 | +€8,929 | +41.3% |
| Other amounts payable | 47/48 | €248,036 | €301,703 | +€53,667 | +21.6% |
| Accrued charges and deferred income | 492/3 | €1,638 | - | -€1,638 | |
| Remuneration, social security and pensions | 62 | €168,859 | €245,630 | +€76,771 | +45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,193 | €17,169 | -€2,023 | -10.5% |
| Other operating charges | 640/8 | €2,253 | €16,126 | +€13,873 | +615.7% |
| Gross operating margin | 9900 | €493,327 | €784,849 | +€291,522 | +59.1% |
| Operating profit (loss) | 9901 | €303,023 | €505,924 | +€202,901 | +67.0% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €1,698 | €2,862 | +€1,165 | +68.6% |
| Recurring financial charges | 65 | €1,698 | €2,862 | +€1,165 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | €301,345 | €503,061 | +€201,716 | +66.9% |
| Income taxes | 67/77 | €77,833 | €134,401 | +€56,568 | +72.7% |
| Profit (loss) for the period | 9904 | €223,512 | €368,660 | +€145,148 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | €223,512 | €368,660 | +€145,148 | +64.9% |
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 12 October 2026 via checked.be.