Noi Lif: 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.
Noi Lif
Largest movements
- Cash +€106,750
up €106,750 (+87.3%), from €122,329 to €229,080
mainly Net result for the year (+€92,916) and Depreciation (+€12,050)
- Tangible fixed assets -€9,180
down €9,180 (-19.7%), from €46,547 to €37,367
- Receivables within one year -€7,381
down €7,381 (-23.1%), from €31,939 to €24,558
of which Other amounts receivable: -€9,014
- Reserves +€92,916
up €92,916 (+79.4%), from €117,092 to €210,007
- Debts after one year -€10,061
down €10,061 (-30.4%), from €33,127 to €23,066
- Tax, wage and social debts +€7,687
up €7,687 (+23.1%), from €33,341 to €41,027
- Gross operating margin +€13,550
up €13,550 (+11.0%), from €122,974 to €136,523
- Taxes +€4,163
up €4,163 (+16.5%), from €25,291 to €29,454
- Depreciation +€1,920
up €1,920 (+19.0%), from €10,130 to €12,050
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 | €200,815 | €291,103 | +€90,288 | +45.0% |
| Fixed assets | 21/28 | €46,547 | €37,367 | -€9,180 | -19.7% |
| Tangible fixed assets | 22/27 | €46,547 | €37,367 | -€9,180 | -19.7% |
| Furniture and vehicles | 24 | €46,547 | €37,367 | -€9,180 | -19.7% |
| Current assets | 29/58 | €154,268 | €253,737 | +€99,469 | +64.5% |
| Amounts receivable within one year | 40/41 | €31,939 | €24,558 | -€7,381 | -23.1% |
| Trade receivables | 40 | €21,175 | €22,809 | +€1,634 | +7.7% |
| Other amounts receivable | 41 | €10,764 | €1,749 | -€9,014 | -83.7% |
| Cash at bank and in hand | 54/58 | €122,329 | €229,080 | +€106,750 | +87.3% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €200,815 | €291,103 | +€90,288 | +45.0% |
| Equity | 10/15 | €122,092 | €215,007 | +€92,916 | +76.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €117,092 | €210,007 | +€92,916 | +79.4% |
| Distributable reserves | 133 | €117,092 | €210,007 | +€92,916 | +79.4% |
| Amounts payable | 17/49 | €78,723 | €76,096 | -€2,627 | -3.3% |
| Amounts payable after more than one year | 17 | €33,127 | €23,066 | -€10,061 | -30.4% |
| Financial debts | 170/4 | €33,127 | €23,066 | -€10,061 | -30.4% |
| Amounts payable within one year | 42/48 | €45,597 | €53,030 | +€7,434 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €9,710 | €10,061 | +€351 | +3.6% |
| Trade debts | 44 | €2,546 | €1,942 | -€604 | -23.7% |
| Suppliers | 440/4 | €2,546 | €1,942 | -€604 | -23.7% |
| Taxes, remuneration and social security | 45 | €33,341 | €41,027 | +€7,687 | +23.1% |
| Taxes | 450/3 | €33,341 | €41,027 | +€7,687 | +23.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,130 | €12,050 | +€1,920 | +19.0% |
| Other operating charges | 640/8 | €444 | €624 | +€180 | +40.5% |
| Gross operating margin | 9900 | €122,974 | €136,523 | +€13,550 | +11.0% |
| Operating profit (loss) | 9901 | €112,399 | €123,849 | +€11,449 | +10.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +91.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +91.7% |
| Financial charges | 65/66B | €1,463 | €1,480 | +€16 | +1.1% |
| Recurring financial charges | 65 | €1,463 | €1,480 | +€16 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €110,936 | €122,370 | +€11,433 | +10.3% |
| Income taxes | 67/77 | €25,291 | €29,454 | +€4,163 | +16.5% |
| Profit (loss) for the period | 9904 | €85,645 | €92,916 | +€7,271 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,645 | €92,916 | +€7,271 | +8.5% |
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 15 October 2026 via checked.be.