UP 2 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.
UP 2 LIFE
Largest movements
- Tangible fixed assets +€42,573
up €42,573 (+2,068%), from €2,059 to €44,632
of which Leasing and similar rights: +€42,235
- Cash -€39,368
down €39,368 (-64.4%), from €61,176 to €21,807
mainly Investment in fixed assets (net) (-€46,782) and Receivables within one year (-€30,584)
- Receivables within one year +€30,584
up €30,584 (+1,213%), from €2,521 to €33,105
of which Trade receivables: +€28,430
- Stocks and contracts -€11,533
down €11,533 (-100%), from €11,533 to €0
- Deferred charges and accrued income -€5,194
down €5,194 (-28.7%), from €18,117 to €12,923
- Debts after one year +€25,271
new in 2025: €25,271
- Other debts -€6,537
down €6,537 (-13.6%), from €48,174 to €41,637
- Current portion of long-term debt +€6,171
new in 2025: €6,171
- Profit (loss) carried forward -€4,602
down €4,602, from €0 to -€4,602
- Accrued charges and deferred income -€3,514
down €3,514 (-100%), from €3,514 to €0
- Gross operating margin -€34,701
down €34,701 (-85.8%), from €40,447 to €5,745
- Taxes -€6,542
down €6,542 (-74.3%), from €8,807 to €2,266
- Depreciation +€4,153
up €4,153 (+7,370%), from €56 to €4,209
- Financial charges -€3,577
down €3,577 (-58.1%), from €6,152 to €2,575
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 | €146,155 | €163,216 | +€17,061 | +11.7% |
| Fixed assets | 21/28 | €2,059 | €44,632 | +€42,573 | +2,068% |
| Tangible fixed assets | 22/27 | €2,059 | €44,632 | +€42,573 | +2,068% |
| Plant, machinery and equipment | 23 | €2,059 | €2,397 | +€338 | +16.4% |
| Leasing and similar rights | 25 | - | €42,235 | +€42,235 | |
| Current assets | 29/58 | €144,096 | €118,585 | -€25,512 | -17.7% |
| Stocks and contracts in progress | 3 | €11,533 | €0 | -€11,533 | -100% |
| Contracts in progress | 37 | €11,533 | €0 | -€11,533 | -100% |
| Amounts receivable within one year | 40/41 | €2,521 | €33,105 | +€30,584 | +1,213% |
| Trade receivables | 40 | €0 | €28,430 | +€28,430 | |
| Other amounts receivable | 41 | €2,521 | €4,676 | +€2,154 | +85.4% |
| Current investments | 50/53 | €50,749 | €50,749 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,176 | €21,807 | -€39,368 | -64.4% |
| Deferred charges and accrued income | 490/1 | €18,117 | €12,923 | -€5,194 | -28.7% |
| Total equity and liabilities | 10/49 | €146,155 | €163,216 | +€17,061 | +11.7% |
| Equity | 10/15 | €86,869 | €82,268 | -€4,602 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,669 | €80,669 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €78,809 | €78,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€4,602 | -€4,602 | |
| Amounts payable | 17/49 | €59,285 | €80,948 | +€21,663 | +36.5% |
| Amounts payable after more than one year | 17 | - | €25,271 | +€25,271 | |
| Financial debts | 170/4 | - | €25,271 | +€25,271 | |
| Amounts payable within one year | 42/48 | €55,772 | €55,678 | -€94 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,171 | +€6,171 | |
| Trade debts | 44 | €4,595 | €7,287 | +€2,692 | +58.6% |
| Suppliers | 440/4 | €4,595 | €7,287 | +€2,692 | +58.6% |
| Taxes, remuneration and social security | 45 | €3,003 | €583 | -€2,420 | -80.6% |
| Taxes | 450/3 | €3,003 | €583 | -€2,420 | -80.6% |
| Other amounts payable | 47/48 | €48,174 | €41,637 | -€6,537 | -13.6% |
| Accrued charges and deferred income | 492/3 | €3,514 | €0 | -€3,514 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56 | €4,209 | +€4,153 | +7,370% |
| Other operating charges | 640/8 | €1,135 | €1,297 | +€163 | +14.3% |
| Gross operating margin | 9900 | €40,447 | €5,745 | -€34,701 | -85.8% |
| Operating profit (loss) | 9901 | €39,256 | €239 | -€39,017 | -99.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,152 | €2,575 | -€3,577 | -58.1% |
| Recurring financial charges | 65 | €6,152 | €2,575 | -€3,577 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €33,104 | -€2,336 | -€35,440 | |
| Income taxes | 67/77 | €8,807 | €2,266 | -€6,542 | -74.3% |
| Profit (loss) for the period | 9904 | €24,297 | -€4,602 | -€28,899 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,297 | -€4,602 | -€28,899 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.