Relife: 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.
Relife
Largest movements
- Formation expenses -€707
down €707 (-26.7%), from €2,644 to €1,937
- Cash -€299
down €299 (-99.1%), from €302 to €3
mainly Net result for the year (-€1,986) and Accrued charges and deferred income (-€1,201)
- Receivables within one year +€40
up €40 (+9.5%), from €424 to €464
of which Other amounts receivable: +€464
- Other debts +€2,424
up €2,424 (+507.0%), from €478 to €2,902
- Profit (loss) carried forward -€1,986
down €1,986 (-205.4%), from -€967 to -€2,953
- Accrued charges and deferred income -€1,201
no longer reported in 2024 (was €1,201)
- Tax, wage and social debts -€203
down €203 (-30.9%), from €658 to €455
- Depreciation +€522
up €522 (+283.0%), from €185 to €707
- Gross operating margin -€472
down €472 (-61.2%), from -€771 to -€1,243
- Financial charges +€24
up €24 (+214.3%), from €11 to €36
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,370 | €2,404 | -€966 | -28.7% |
| Formation expenses | 20 | €2,644 | €1,937 | -€707 | -26.7% |
| Current assets | 29/58 | €726 | €467 | -€259 | -35.6% |
| Amounts receivable within one year | 40/41 | €424 | €464 | +€40 | +9.5% |
| Trade receivables | 40 | €424 | - | -€424 | |
| Other amounts receivable | 41 | - | €464 | +€464 | |
| Cash at bank and in hand | 54/58 | €302 | €3 | -€299 | -99.1% |
| Total equity and liabilities | 10/49 | €3,370 | €2,404 | -€966 | -28.7% |
| Equity | 10/15 | €1,033 | -€953 | -€1,986 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€967 | -€2,953 | -€1,986 | -205.4% |
| Amounts payable | 17/49 | €2,337 | €3,357 | +€1,020 | +43.7% |
| Amounts payable within one year | 42/48 | €1,136 | €3,357 | +€2,221 | +195.5% |
| Taxes, remuneration and social security | 45 | €658 | €455 | -€203 | -30.9% |
| Taxes | 450/3 | €658 | €455 | -€203 | -30.9% |
| Other amounts payable | 47/48 | €478 | €2,902 | +€2,424 | +507.0% |
| Accrued charges and deferred income | 492/3 | €1,201 | - | -€1,201 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185 | €707 | +€522 | +283.0% |
| Gross operating margin | 9900 | -€771 | -€1,243 | -€472 | -61.2% |
| Operating profit (loss) | 9901 | -€956 | -€1,950 | -€995 | -104.1% |
| Financial charges | 65/66B | €11 | €36 | +€24 | +214.3% |
| Recurring financial charges | 65 | €11 | €36 | +€24 | +214.3% |
| Profit (loss) for the period before taxes | 9903 | -€967 | -€1,986 | -€1,019 | -105.4% |
| Profit (loss) for the period | 9904 | -€967 | -€1,986 | -€1,019 | -105.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€967 | -€1,986 | -€1,019 | -105.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.