MY SECOND 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.
MY SECOND LIFE
Largest movements
- Tangible fixed assets +€6,602
up €6,602 (+136%), from €4,851 to €11,453
of which Plant, machinery and equipment: +€7,648
- Cash -€2,993
down €2,993 (-17.8%), from €16,838 to €13,845
mainly Investment in fixed assets (net) (-€9,156) and Tax, wage and social debts (-€5,461)
- Receivables within one year +€1,650
up €1,650 (+7.7%), from €21,434 to €23,084
of which Other amounts receivable: +€3,604
- Debts after one year +€7,455
new in 2025: €7,455
- Tax, wage and social debts -€5,461
down €5,461 (-57.2%), from €9,547 to €4,086
of which Taxes: -€5,461
- Trade debts +€4,346
up €4,346 (+302%), from €1,437 to €5,783
- Reserves -€2,971
down €2,971 (-20.4%), from €14,556 to €11,585
- Current portion of long-term debt +€1,759
new in 2025: €1,759
- Gross operating margin -€14,723
down €14,723 (-88.1%), from €16,709 to €1,986
- Taxes -€3,784
down €3,784 (-84.6%), from €4,475 to €691
- Depreciation +€531
up €531 (+26.2%), from €2,024 to €2,554
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 | €44,090 | €49,218 | +€5,128 | +11.6% |
| Fixed assets | 21/28 | €4,851 | €11,453 | +€6,602 | +136% |
| Tangible fixed assets | 22/27 | €4,851 | €11,453 | +€6,602 | +136% |
| Plant, machinery and equipment | 23 | €2,634 | €10,282 | +€7,648 | +290% |
| Furniture and vehicles | 24 | €2,217 | €1,170 | -€1,046 | -47.2% |
| Current assets | 29/58 | €39,239 | €37,765 | -€1,474 | -3.8% |
| Amounts receivable within one year | 40/41 | €21,434 | €23,084 | +€1,650 | +7.7% |
| Trade receivables | 40 | €11,029 | €9,075 | -€1,954 | -17.7% |
| Other amounts receivable | 41 | €10,404 | €14,009 | +€3,604 | +34.6% |
| Cash at bank and in hand | 54/58 | €16,838 | €13,845 | -€2,993 | -17.8% |
| Deferred charges and accrued income | 490/1 | €967 | €836 | -€131 | -13.5% |
| Total equity and liabilities | 10/49 | €44,090 | €49,218 | +€5,128 | +11.6% |
| Equity | 10/15 | €33,106 | €30,135 | -€2,971 | -9.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €14,556 | €11,585 | -€2,971 | -20.4% |
| Distributable reserves | 133 | €14,556 | €11,585 | -€2,971 | -20.4% |
| Amounts payable | 17/49 | €10,984 | €19,083 | +€8,099 | +73.7% |
| Amounts payable after more than one year | 17 | - | €7,455 | +€7,455 | |
| Financial debts | 170/4 | - | €7,455 | +€7,455 | |
| Amounts payable within one year | 42/48 | €10,984 | €11,627 | +€644 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,759 | +€1,759 | |
| Trade debts | 44 | €1,437 | €5,783 | +€4,346 | +302% |
| Suppliers | 440/4 | €1,437 | €5,783 | +€4,346 | +302% |
| Taxes, remuneration and social security | 45 | €9,547 | €4,086 | -€5,461 | -57.2% |
| Taxes | 450/3 | €9,387 | €3,926 | -€5,461 | -58.2% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,024 | €2,554 | +€531 | +26.2% |
| Other operating charges | 640/8 | €392 | €450 | +€58 | +14.9% |
| Gross operating margin | 9900 | €16,709 | €1,986 | -€14,723 | -88.1% |
| Operating profit (loss) | 9901 | €14,294 | -€1,018 | -€15,312 | |
| Financial income | 75/76B | €689 | €646 | -€43 | -6.2% |
| Recurring financial income | 75 | €689 | €646 | -€43 | -6.2% |
| Financial charges | 65/66B | €1,991 | €1,907 | -€83 | -4.2% |
| Recurring financial charges | 65 | €1,991 | €1,907 | -€83 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €12,992 | -€2,280 | -€15,271 | |
| Income taxes | 67/77 | €4,475 | €691 | -€3,784 | -84.6% |
| Profit (loss) for the period | 9904 | €8,517 | -€2,971 | -€11,488 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,517 | -€2,971 | -€11,488 |
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.