Alfalift: 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.
Alfalift
Largest movements
- Cash -€173,285
down €173,285 (-29.6%), from €585,653 to €412,368
mainly Contributions, distributions and other (-€428,168) and Advances received (-€118,188)
- Stocks and contracts +€113,244
new in 2025: €113,244
- Receivables within one year +€80,444
up €80,444 (+40.4%), from €199,265 to €279,709
of which Other amounts receivable: +€69,574
- Tangible fixed assets +€31,782
up €31,782 (+34.0%), from €93,385 to €125,167
of which Furniture and vehicles: +€44,609
- Other debts +€270,325
up €270,325 (+249%), from €108,497 to €378,822
- Reserves -€185,077
down €185,077 (-53.4%), from €346,697 to €161,620
- Advances received -€118,188
down €118,188 (-91.8%), from €128,688 to €10,500
- Trade debts +€81,658
up €81,658 (+64.0%), from €127,541 to €209,199
- Tax, wage and social debts +€25,622
up €25,622 (+44.3%), from €57,775 to €83,397
of which Taxes: +€15,634
- Gross operating margin +€223,951
up €223,951 (+56.8%), from €394,002 to €617,954
- Staff costs +€79,461
up €79,461 (+47.3%), from €167,978 to €247,439
- Taxes +€30,401
up €30,401 (+64.5%), from €47,109 to €77,509
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 | €879,165 | €931,413 | +€52,248 | +5.9% |
| Fixed assets | 21/28 | €93,410 | €125,167 | +€31,757 | +34.0% |
| Tangible fixed assets | 22/27 | €93,385 | €125,167 | +€31,782 | +34.0% |
| Plant, machinery and equipment | 23 | €2,371 | €1,312 | -€1,060 | -44.7% |
| Furniture and vehicles | 24 | €63,227 | €107,836 | +€44,609 | +70.6% |
| Leasing and similar rights | 25 | €26,470 | €16,019 | -€10,451 | -39.5% |
| Other tangible fixed assets | 26 | €1,316 | - | -€1,316 | |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €785,755 | €806,247 | +€20,491 | +2.6% |
| Stocks and contracts in progress | 3 | - | €113,244 | +€113,244 | |
| Stocks | 30/36 | - | €113,244 | +€113,244 | |
| Amounts receivable within one year | 40/41 | €199,265 | €279,709 | +€80,444 | +40.4% |
| Trade receivables | 40 | €184,576 | €195,446 | +€10,870 | +5.9% |
| Other amounts receivable | 41 | €14,690 | €84,264 | +€69,574 | +474% |
| Cash at bank and in hand | 54/58 | €585,653 | €412,368 | -€173,285 | -29.6% |
| Deferred charges and accrued income | 490/1 | €837 | €926 | +€88 | +10.5% |
| Total equity and liabilities | 10/49 | €879,165 | €931,413 | +€52,248 | +5.9% |
| Equity | 10/15 | €406,697 | €221,620 | -€185,077 | -45.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €346,697 | €161,620 | -€185,077 | -53.4% |
| Distributable reserves | 133 | €346,697 | €161,620 | -€185,077 | -53.4% |
| Amounts payable | 17/49 | €472,468 | €709,793 | +€237,325 | +50.2% |
| Amounts payable after more than one year | 17 | €21,334 | €7,681 | -€13,653 | -64.0% |
| Financial debts | 170/4 | €21,334 | €7,681 | -€13,653 | -64.0% |
| Amounts payable within one year | 42/48 | €444,134 | €695,112 | +€250,978 | +56.5% |
| Current portion of amounts payable after more than one year | 42 | €21,633 | €13,193 | -€8,440 | -39.0% |
| Trade debts | 44 | €127,541 | €209,199 | +€81,658 | +64.0% |
| Suppliers | 440/4 | €127,541 | €209,199 | +€81,658 | +64.0% |
| Advances received on contracts in progress | 46 | €128,688 | €10,500 | -€118,188 | -91.8% |
| Taxes, remuneration and social security | 45 | €57,775 | €83,397 | +€25,622 | +44.3% |
| Taxes | 450/3 | €33,711 | €49,345 | +€15,634 | +46.4% |
| Remuneration and social security | 454/9 | €24,064 | €34,052 | +€9,988 | +41.5% |
| Other amounts payable | 47/48 | €108,497 | €378,822 | +€270,325 | +249% |
| Accrued charges and deferred income | 492/3 | €7,000 | €7,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €167,978 | €247,439 | +€79,461 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,940 | €47,865 | +€5,925 | +14.1% |
| Other operating charges | 640/8 | €1,905 | €2,408 | +€503 | +26.4% |
| Gross operating margin | 9900 | €394,002 | €617,954 | +€223,951 | +56.8% |
| Operating profit (loss) | 9901 | €182,179 | €320,241 | +€138,062 | +75.8% |
| Financial income | 75/76B | €400 | €2,411 | +€2,011 | +502% |
| Recurring financial income | 75 | €400 | €2,411 | +€2,011 | +502% |
| Financial charges | 65/66B | €2,191 | €2,052 | -€139 | -6.3% |
| Recurring financial charges | 65 | €2,191 | €2,052 | -€139 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €180,388 | €320,600 | +€140,212 | +77.7% |
| Income taxes | 67/77 | €47,109 | €77,509 | +€30,401 | +64.5% |
| Profit (loss) for the period | 9904 | €133,280 | €243,091 | +€109,811 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €133,280 | €243,091 | +€109,811 | +82.4% |
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 16 October 2026 via checked.be.