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ALBALIFT: what changed

Two fiscal 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.

What changed

ALBALIFT

BE 0502.737.142
NACE 28.220, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
€61,853
2022 · -€36,609+€98,462
Equity
€67,508
2022 · €5,655+€61,853
Cash
€2,600
2022 · €3,682-€1,082
Balance sheet total
€235,284
2022 · €215,450+€19,834

Largest movements

2022 to 2023
Assets
  • Tangible fixed assets +€13,339

    up €13,339 (+8.7%), from €152,985 to €166,324

    of which Furniture and vehicles: +€21,978

  • Receivables within one year +€7,627

    up €7,627 (+13.0%), from €58,733 to €66,360

    of which Trade receivables: +€11,718

Equity and liabilities
  • Profit (loss) carried forward +€61,853

    up €61,853, from -€18,037 to €43,816

  • Trade debts -€59,600

    down €59,600 (-90.6%), from €65,761 to €6,161

  • Debts after one year +€12,573

    up €12,573 (+10.3%), from €121,932 to €134,505

  • Current portion of long-term debt +€5,238

    up €5,238 (+29.4%), from €17,823 to €23,061

Income statement
  • Gross operating margin +€108,132

    up €108,132, from -€7,691 to €100,441

  • Depreciation +€10,857

    up €10,857 (+68.1%), from €15,940 to €26,797

  • Staff costs -€6,355

    no longer reported in 2023 (was €6,355)

  • Financial charges +€4,042

    up €4,042 (+107.1%), from €3,774 to €7,816

  • Taxes -€2,255

    no longer reported in 2023 (was €2,255)

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 -€36,609
Gross operating margin +€108,132
Staff costs +€6,355
Depreciation -€10,857
Other operating charges +€3
Other operating items -€3,384
Financial charges -€4,042
Taxes +€2,255
Result 2023 €61,853

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€21,193
Investment -€40,086
Financing +€17,811
Cash 2022 €3,682
Net result for the year +€61,853
Depreciation +€26,797
Receivables within one year -€7,627
Trade debts -€59,600
Tax, wage and social debts -€230
Investment in fixed assets (net) -€40,086
Debts after one year +€12,573
Current portion of long-term debt +€5,238
Contributions, distributions and other -€0
Cash 2023 €2,600
Every line side by side 46 lines
Line Code 2022 2023 Change %
Total assets 20/58 €215,450 €235,284 +€19,834 +9.2%
Fixed assets 21/28 €153,035 €166,324 +€13,289 +8.7%
Tangible fixed assets 22/27 €152,985 €166,324 +€13,339 +8.7%
Land and buildings 22 €134,373 €126,901 -€7,472 -5.6%
Plant, machinery and equipment 23 €1,653 €486 -€1,167 -70.6%
Furniture and vehicles 24 €16,959 €38,937 +€21,978 +129.6%
Financial fixed assets 28 €50 - -€50
Current assets 29/58 €62,415 €68,960 +€6,545 +10.5%
Amounts receivable within one year 40/41 €58,733 €66,360 +€7,627 +13.0%
Trade receivables 40 €44,399 €56,117 +€11,718 +26.4%
Other amounts receivable 41 €14,334 €10,243 -€4,091 -28.5%
Cash at bank and in hand 54/58 €3,682 €2,600 -€1,082 -29.4%
Total equity and liabilities 10/49 €215,450 €235,284 +€19,834 +9.2%
Equity 10/15 €5,655 €67,508 +€61,853 +1093.7%
Contributions 10/11 €8,200 €8,200 = 0.0%
Capital 10 - €8,200 +€8,200
Issued capital 100 - €8,200 +€8,200
Reserves 13 €15,492 €15,492 +€0 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Legal reserve 130 - €1,860 +€1,860
Reserves not available under the articles 1311 €1,860 - -€1,860
Distributable reserves 133 €13,632 €13,632 +€0 0.0%
Profit (loss) carried forward 14 -€18,037 €43,816 +€61,853
Amounts payable 17/49 €209,795 €167,776 -€42,019 -20.0%
Amounts payable after more than one year 17 €121,932 €134,505 +€12,573 +10.3%
Financial debts 170/4 €121,932 €134,505 +€12,573 +10.3%
Amounts payable within one year 42/48 €87,863 €33,271 -€54,592 -62.1%
Current portion of amounts payable after more than one year 42 €17,823 €23,061 +€5,238 +29.4%
Trade debts 44 €65,761 €6,161 -€59,600 -90.6%
Suppliers 440/4 €65,761 €6,161 -€59,600 -90.6%
Taxes, remuneration and social security 45 €4,279 €4,049 -€230 -5.4%
Taxes 450/3 €1,424 €1,485 +€61 +4.3%
Remuneration and social security 454/9 €2,854 €2,564 -€290 -10.2%
Non-recurring operating income 76A €17,632 €1,240 -€16,392 -93.0%
Remuneration, social security and pensions 62 €6,355 - -€6,355
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,940 €26,797 +€10,857 +68.1%
Other operating charges 640/8 €594 €591 -€3 -0.5%
Non-recurring operating charges 66A - €3,384 +€3,384
Gross operating margin 9900 -€7,691 €100,441 +€108,132
Operating profit (loss) 9901 -€30,580 €69,669 +€100,249
Financial charges 65/66B €3,774 €7,816 +€4,042 +107.1%
Recurring financial charges 65 €3,774 €7,816 +€4,042 +107.1%
Profit (loss) for the period before taxes 9903 -€34,354 €61,853 +€96,207
Income taxes 67/77 €2,255 - -€2,255
Profit (loss) for the period 9904 -€36,609 €61,853 +€98,462
Profit (loss) for the period to be appropriated 9905 -€36,609 €61,853 +€98,462

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.