M-LIFE: 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.
M-LIFE
Largest movements
- Tangible fixed assets -€13,651
down €13,651 (-53.4%), from €25,541 to €11,890
of which Furniture and vehicles: -€16,590
- Receivables within one year +€5,575
up €5,575 (+220%), from €2,536 to €8,111
of which Trade receivables: +€5,372
- Deferred charges and accrued income -€1,529
down €1,529 (-55.1%), from €2,773 to €1,244
- Cash +€518
up €518 (+4.7%), from €10,921 to €11,439
mainly Advances received (+€8,500) and Depreciation (+€7,398)
- Debts after one year -€9,394
no longer reported in 2025 (was €9,394)
- Reserves +€9,228
new in 2025: €9,228
- Profit (loss) carried forward -€9,157
no longer reported in 2025 (was €9,157)
- Advances received +€8,500
new in 2025: €8,500
- Current portion of long-term debt -€5,623
down €5,623 (-63.3%), from €8,886 to €3,263
- Depreciation -€3,485
down €3,485 (-32.0%), from €10,883 to €7,398
- Gross operating margin -€910
down €910 (-6.7%), from €13,576 to €12,665
- Financial charges +€597
up €597 (+66.8%), from €894 to €1,491
- Taxes +€212
up €212 (+24.0%), from €882 to €1,093
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,021 | €32,685 | -€9,336 | -22.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €25,791 | €11,890 | -€13,901 | -53.9% |
| Tangible fixed assets | 22/27 | €25,541 | €11,890 | -€13,651 | -53.4% |
| Plant, machinery and equipment | 23 | €1,554 | €4,493 | +€2,939 | +189% |
| Furniture and vehicles | 24 | €23,987 | €7,397 | -€16,590 | -69.2% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €16,230 | €20,794 | +€4,564 | +28.1% |
| Amounts receivable within one year | 40/41 | €2,536 | €8,111 | +€5,575 | +220% |
| Trade receivables | 40 | €1,653 | €7,025 | +€5,372 | +325% |
| Other amounts receivable | 41 | €883 | €1,087 | +€204 | +23.1% |
| Cash at bank and in hand | 54/58 | €10,921 | €11,439 | +€518 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,773 | €1,244 | -€1,529 | -55.1% |
| Total equity and liabilities | 10/49 | €42,021 | €32,685 | -€9,336 | -22.2% |
| Equity | 10/15 | €12,157 | €12,228 | +€71 | +0.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €9,228 | +€9,228 | |
| Distributable reserves | 133 | - | €9,228 | +€9,228 | |
| Profit (loss) carried forward | 14 | €9,157 | - | -€9,157 | |
| Amounts payable | 17/49 | €29,864 | €20,457 | -€9,407 | -31.5% |
| Amounts payable after more than one year | 17 | €9,394 | - | -€9,394 | |
| Financial debts | 170/4 | €9,394 | - | -€9,394 | |
| Amounts payable within one year | 42/48 | €20,470 | €20,457 | -€13 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €8,886 | €3,263 | -€5,623 | -63.3% |
| Trade debts | 44 | €3,457 | €1,477 | -€1,980 | -57.3% |
| Suppliers | 440/4 | €3,457 | €1,477 | -€1,980 | -57.3% |
| Advances received on contracts in progress | 46 | - | €8,500 | +€8,500 | |
| Taxes, remuneration and social security | 45 | €8,127 | €7,217 | -€910 | -11.2% |
| Taxes | 450/3 | €8,127 | €5,417 | -€2,710 | -33.3% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,883 | €7,398 | -€3,485 | -32.0% |
| Other operating charges | 640/8 | €818 | €734 | -€84 | -10.2% |
| Non-recurring operating charges | 66A | - | €1,877 | +€1,877 | |
| Gross operating margin | 9900 | €13,576 | €12,665 | -€910 | -6.7% |
| Operating profit (loss) | 9901 | €1,874 | €2,655 | +€781 | +41.7% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €894 | €1,491 | +€597 | +66.8% |
| Recurring financial charges | 65 | €894 | €1,491 | +€597 | +66.8% |
| Profit (loss) for the period before taxes | 9903 | €1,007 | €1,164 | +€157 | +15.6% |
| Income taxes | 67/77 | €882 | €1,093 | +€212 | +24.0% |
| Profit (loss) for the period | 9904 | €125 | €71 | -€54 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €125 | €71 | -€54 | -43.5% |
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 23 October 2026 via checked.be.