N-LIVING: 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.
N-LIVING
Largest movements
- Stocks and contracts -€560,245
no longer reported in 2025 (was €560,245)
- Cash +€219,522
up €219,522 (+4,360%), from €5,035 to €224,556
mainly Stocks and contracts (+€560,245) and Net result for the year (+€210,251)
- Receivables within one year +€71,490
up €71,490 (+514%), from €13,921 to €85,411
of which Trade receivables: +€46,800
- Short-term financial debts -€355,000
no longer reported in 2025 (was €355,000)
- Other debts +€195,662
up €195,662 (+2,442%), from €8,011 to €203,673
- Current portion of long-term debt -€150,797
no longer reported in 2025 (was €150,797)
- Tax, wage and social debts +€39,086
up €39,086 (+348%), from €11,237 to €50,323
- Profit (loss) carried forward +€6,578
no longer reported in 2025 (was -€6,578)
- Gross operating margin +€289,600
up €289,600 (+1,442%), from €20,081 to €309,681
- Taxes +€69,861
up €69,861 (+3,926%), from €1,779 to €71,640
- Financial charges +€10,805
up €10,805 (+174%), from €6,201 to €17,006
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 | €582,330 | €313,435 | -€268,895 | -46.2% |
| Fixed assets | 21/28 | €1,454 | €1,595 | +€141 | +9.7% |
| Tangible fixed assets | 22/27 | €1,454 | €1,595 | +€141 | +9.7% |
| Furniture and vehicles | 24 | €1,454 | €1,595 | +€141 | +9.7% |
| Current assets | 29/58 | €580,877 | €311,841 | -€269,036 | -46.3% |
| Stocks and contracts in progress | 3 | €560,245 | - | -€560,245 | |
| Stocks | 30/36 | €560,245 | - | -€560,245 | |
| Amounts receivable within one year | 40/41 | €13,921 | €85,411 | +€71,490 | +514% |
| Trade receivables | 40 | €13,921 | €60,721 | +€46,800 | +336% |
| Other amounts receivable | 41 | - | €24,690 | +€24,690 | |
| Cash at bank and in hand | 54/58 | €5,035 | €224,556 | +€219,522 | +4,360% |
| Deferred charges and accrued income | 490/1 | €1,676 | €1,874 | +€198 | +11.8% |
| Total equity and liabilities | 10/49 | €582,330 | €313,435 | -€268,895 | -46.2% |
| Equity | 10/15 | €51,319 | €57,897 | +€6,578 | +12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,297 | €39,297 | = | 0.0% |
| Distributable reserves | 133 | €39,297 | €39,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,578 | - | +€6,578 | |
| Amounts payable | 17/49 | €531,011 | €255,538 | -€275,473 | -51.9% |
| Amounts payable within one year | 42/48 | €526,515 | €255,538 | -€270,977 | -51.5% |
| Current portion of amounts payable after more than one year | 42 | €150,797 | - | -€150,797 | |
| Financial debts | 43 | €355,000 | - | -€355,000 | |
| Credit institutions | 430/8 | €355,000 | - | -€355,000 | |
| Trade debts | 44 | €1,470 | €1,542 | +€72 | +4.9% |
| Suppliers | 440/4 | €1,470 | €1,542 | +€72 | +4.9% |
| Taxes, remuneration and social security | 45 | €11,237 | €50,323 | +€39,086 | +348% |
| Taxes | 450/3 | €11,237 | €50,323 | +€39,086 | +348% |
| Other amounts payable | 47/48 | €8,011 | €203,673 | +€195,662 | +2,442% |
| Accrued charges and deferred income | 492/3 | €4,496 | - | -€4,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €587 | €1,056 | +€469 | +80.0% |
| Other operating charges | 640/8 | €7,901 | €10,345 | +€2,444 | +30.9% |
| Non-recurring operating charges | 66A | €1,818 | - | -€1,818 | |
| Gross operating margin | 9900 | €20,081 | €309,681 | +€289,600 | +1,442% |
| Operating profit (loss) | 9901 | €9,775 | €298,280 | +€288,505 | +2,952% |
| Financial income | 75/76B | €50 | €617 | +€567 | +1,133% |
| Recurring financial income | 75 | €50 | €617 | +€567 | +1,133% |
| Financial charges | 65/66B | €6,201 | €17,006 | +€10,805 | +174% |
| Recurring financial charges | 65 | €6,201 | €17,006 | +€10,805 | +174% |
| Profit (loss) for the period before taxes | 9903 | €3,624 | €281,891 | +€278,267 | +7,679% |
| Income taxes | 67/77 | €1,779 | €71,640 | +€69,861 | +3,926% |
| Profit (loss) for the period | 9904 | €1,844 | €210,251 | +€208,407 | +11,300% |
| Profit (loss) for the period to be appropriated | 9905 | €1,844 | €210,251 | +€208,407 | +11,300% |
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 26 October 2026 via checked.be.