ALTERLIFT: 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.
ALTERLIFT
Largest movements
- Tangible fixed assets +€398,737
new in 2025: €398,737
of which Land and buildings: +€397,845
- Cash +€9,823
up €9,823 (+47.8%), from €20,538 to €30,361
mainly Debts after one year (+€360,673) and Depreciation (+€63,983)
- Receivables within one year -€6,899
down €6,899 (-24.5%), from €28,215 to €21,316
of which Other amounts receivable: -€7,735
- Debts after one year +€360,673
new in 2025: €360,673
- Current portion of long-term debt +€19,547
new in 2025: €19,547
- Profit (loss) carried forward +€13,803
up €13,803 (+45.4%), from €30,384 to €44,187
- Trade debts +€5,558
up €5,558 (+144.2%), from €3,854 to €9,413
- Gross operating margin +€66,887
up €66,887 (+240.6%), from €27,794 to €94,681
- Depreciation +€63,432
up €63,432 (+11526.4%), from €550 to €63,983
- Financial charges +€4,540
up €4,540 (+103.4%), from €4,392 to €8,932
- Other operating charges +€1,030
up €1,030 (+107.3%), from €960 to €1,991
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.
Cash bridge derived
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 | €51,002 | €453,183 | +€402,181 | +788.6% |
| Fixed assets | 21/28 | - | €398,737 | +€398,737 | |
| Tangible fixed assets | 22/27 | - | €398,737 | +€398,737 | |
| Land and buildings | 22 | - | €397,845 | +€397,845 | |
| Furniture and vehicles | 24 | - | €892 | +€892 | |
| Current assets | 29/58 | €51,002 | €54,446 | +€3,444 | +6.8% |
| Amounts receivable within one year | 40/41 | €28,215 | €21,316 | -€6,899 | -24.5% |
| Trade receivables | 40 | €20,315 | €21,151 | +€836 | +4.1% |
| Other amounts receivable | 41 | €7,899 | €165 | -€7,735 | -97.9% |
| Cash at bank and in hand | 54/58 | €20,538 | €30,361 | +€9,823 | +47.8% |
| Deferred charges and accrued income | 490/1 | €2,249 | €2,770 | +€520 | +23.1% |
| Total equity and liabilities | 10/49 | €51,002 | €453,183 | +€402,181 | +788.6% |
| Equity | 10/15 | €32,384 | €46,187 | +€13,803 | +42.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,384 | €44,187 | +€13,803 | +45.4% |
| Amounts payable | 17/49 | €18,619 | €406,997 | +€388,378 | +2086.0% |
| Amounts payable after more than one year | 17 | - | €360,673 | +€360,673 | |
| Financial debts | 170/4 | - | €360,673 | +€360,673 | |
| Amounts payable within one year | 42/48 | €18,619 | €45,574 | +€26,955 | +144.8% |
| Current portion of amounts payable after more than one year | 42 | - | €19,547 | +€19,547 | |
| Trade debts | 44 | €3,854 | €9,413 | +€5,558 | +144.2% |
| Suppliers | 440/4 | €3,854 | €9,413 | +€5,558 | +144.2% |
| Taxes, remuneration and social security | 45 | €14,764 | €16,549 | +€1,785 | +12.1% |
| Taxes | 450/3 | €11,764 | €16,549 | +€4,785 | +40.7% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | - | €66 | +€66 | |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €63,983 | +€63,432 | +11526.4% |
| Other operating charges | 640/8 | €960 | €1,991 | +€1,030 | +107.3% |
| Gross operating margin | 9900 | €27,794 | €94,681 | +€66,887 | +240.6% |
| Operating profit (loss) | 9901 | €26,284 | €28,708 | +€2,424 | +9.2% |
| Financial charges | 65/66B | €4,392 | €8,932 | +€4,540 | +103.4% |
| Recurring financial charges | 65 | €4,392 | €8,932 | +€4,540 | +103.4% |
| Profit (loss) for the period before taxes | 9903 | €21,891 | €19,776 | -€2,115 | -9.7% |
| Income taxes | 67/77 | €6,475 | €5,973 | -€502 | -7.8% |
| Profit (loss) for the period | 9904 | €15,416 | €13,803 | -€1,613 | -10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,416 | €13,803 | -€1,613 | -10.5% |
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 12 October 2026 via checked.be.