LIVING UP: 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.
LIVING UP
Largest movements
- Receivables within one year +€59,815
up €59,815 (+419%), from €14,281 to €74,096
of which Trade receivables: +€49,638
- Tangible fixed assets +€24,395
up €24,395 (+11.0%), from €222,740 to €247,135
of which Furniture and vehicles: +€15,888
- Cash -€17,719
down €17,719 (-47.6%), from €37,196 to €19,478
mainly Receivables within one year (-€59,815) and Investment in fixed assets (net) (-€37,454)
- Tax, wage and social debts +€22,666
up €22,666 (+1,128%), from €2,010 to €24,676
- Trade debts +€22,487
up €22,487, from €0 to €22,487
- Reserves +€22,302
up €22,302 (+74.7%), from €29,869 to €52,171
- Debts after one year +€13,697
up €13,697 (+37.9%), from €36,130 to €49,827
- Current portion of long-term debt -€10,031
down €10,031 (-60.6%), from €16,545 to €6,514
- Turnover -€119,555
no longer reported in 2025 (was €119,555)
- Purchases and services -€87,134
no longer reported in 2025 (was €87,134)
- Other operating charges +€5,992
up €5,992 (+545%), from €1,100 to €7,092
- Depreciation -€3,223
down €3,223 (-19.8%), from €16,282 to €13,059
- Taxes +€2,978
up €2,978 (+39.1%), from €7,611 to €10,589
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,217 | €340,708 | +€66,491 | +24.2% |
| Fixed assets | 21/28 | €222,740 | €247,135 | +€24,395 | +11.0% |
| Tangible fixed assets | 22/27 | €222,740 | €247,135 | +€24,395 | +11.0% |
| Land and buildings | 22 | €159,016 | €172,213 | +€13,197 | +8.3% |
| Plant, machinery and equipment | 23 | €59,257 | €54,567 | -€4,690 | -7.9% |
| Furniture and vehicles | 24 | €4,467 | €20,355 | +€15,888 | +356% |
| Current assets | 29/58 | €51,477 | €93,573 | +€42,096 | +81.8% |
| Amounts receivable within one year | 40/41 | €14,281 | €74,096 | +€59,815 | +419% |
| Trade receivables | 40 | €11,892 | €61,530 | +€49,638 | +417% |
| Other amounts receivable | 41 | €2,389 | €12,566 | +€10,177 | +426% |
| Cash at bank and in hand | 54/58 | €37,196 | €19,478 | -€17,719 | -47.6% |
| Total equity and liabilities | 10/49 | €274,217 | €340,708 | +€66,491 | +24.2% |
| Equity | 10/15 | €210,684 | €232,985 | +€22,302 | +10.6% |
| Contributions | 10/11 | €14,860 | €14,860 | = | 0.0% |
| Reserves | 13 | €29,869 | €52,171 | +€22,302 | +74.7% |
| Distributable reserves | 133 | €29,869 | €52,171 | +€22,302 | +74.7% |
| Profit (loss) carried forward | 14 | €165,955 | €165,955 | = | 0.0% |
| Amounts payable | 17/49 | €63,534 | €107,723 | +€44,189 | +69.6% |
| Amounts payable after more than one year | 17 | €36,130 | €49,827 | +€13,697 | +37.9% |
| Financial debts | 170/4 | €36,130 | €49,827 | +€13,697 | +37.9% |
| Amounts payable within one year | 42/48 | €27,404 | €53,677 | +€26,273 | +95.9% |
| Current portion of amounts payable after more than one year | 42 | €16,545 | €6,514 | -€10,031 | -60.6% |
| Trade debts | 44 | €0 | €22,487 | +€22,487 | |
| Suppliers | 440/4 | €0 | €22,487 | +€22,487 | |
| Taxes, remuneration and social security | 45 | €2,010 | €24,676 | +€22,666 | +1,128% |
| Taxes | 450/3 | €2,010 | €24,676 | +€22,666 | +1,128% |
| Other amounts payable | 47/48 | €8,849 | - | -€8,849 | |
| Accrued charges and deferred income | 492/3 | - | €4,219 | +€4,219 | |
| Turnover | 70 | €119,555 | - | -€119,555 | |
| Goods, raw materials, services and sundry goods | 60/61 | €87,134 | - | -€87,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,282 | €13,059 | -€3,223 | -19.8% |
| Other operating charges | 640/8 | €1,100 | €7,092 | +€5,992 | +545% |
| Gross operating margin | 9900 | €54,620 | €53,602 | -€1,019 | -1.9% |
| Operating profit (loss) | 9901 | €37,238 | €33,450 | -€3,788 | -10.2% |
| Financial income | 75/76B | €1 | €5 | +€5 | +565% |
| Recurring financial income | 75 | €1 | €5 | +€5 | +565% |
| Financial charges | 65/66B | €2,746 | €565 | -€2,182 | -79.4% |
| Recurring financial charges | 65 | €2,746 | €565 | -€2,182 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | €34,493 | €32,891 | -€1,602 | -4.6% |
| Income taxes | 67/77 | €7,611 | €10,589 | +€2,978 | +39.1% |
| Profit (loss) for the period | 9904 | €26,882 | €22,302 | -€4,580 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,882 | €22,302 | -€4,580 | -17.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.