FD LIFT: 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.
FD LIFT
Largest movements
- Cash +€17,306
up €17,306 (+143%), from €12,092 to €29,398
mainly Trade debts (+€9,804) and Tax, wage and social debts (+€7,295)
- Receivables within one year +€7,129
up €7,129 (+16.8%), from €42,403 to €49,532
of which Trade receivables: +€14,316
- Deferred charges and accrued income -€3,281
down €3,281 (-43.3%), from €7,585 to €4,304
- Trade debts +€9,804
up €9,804 (+83.8%), from €11,693 to €21,497
- Tax, wage and social debts +€7,295
up €7,295 (+46.5%), from €15,700 to €22,995
of which Remuneration and social security: +€10,492
- Reserves +€1,587
up €1,587 (+8.4%), from €18,860 to €20,447
of which Distributable reserves: +€1,587
- Profit (loss) carried forward +€1,492
up €1,492, from -€1,492 to €0
- Accrued charges and deferred income +€896
new in 2025: €896
- Gross operating margin -€13,732
down €13,732 (-12.0%), from €114,128 to €100,397
- Other operating charges -€7,004
down €7,004 (-77.3%), from €9,057 to €2,052
- Financial charges +€5,377
up €5,377 (+541%), from €994 to €6,371
- Staff costs +€4,727
up €4,727 (+5.8%), from €81,927 to €86,654
- Taxes -€3,475
down €3,475 (-63.8%), from €5,447 to €1,972
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 | €62,537 | €83,425 | +€20,887 | +33.4% |
| Fixed assets | 21/28 | €457 | €190 | -€267 | -58.4% |
| Tangible fixed assets | 22/27 | €267 | €0 | -€267 | -100% |
| Plant, machinery and equipment | 23 | €267 | €0 | -€267 | -100% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €62,080 | €83,235 | +€21,154 | +34.1% |
| Amounts receivable within one year | 40/41 | €42,403 | €49,532 | +€7,129 | +16.8% |
| Trade receivables | 40 | €28,171 | €42,486 | +€14,316 | +50.8% |
| Other amounts receivable | 41 | €14,232 | €7,046 | -€7,186 | -50.5% |
| Cash at bank and in hand | 54/58 | €12,092 | €29,398 | +€17,306 | +143% |
| Deferred charges and accrued income | 490/1 | €7,585 | €4,304 | -€3,281 | -43.3% |
| Total equity and liabilities | 10/49 | €62,537 | €83,425 | +€20,887 | +33.4% |
| Equity | 10/15 | €23,568 | €26,647 | +€3,080 | +13.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €18,860 | €20,447 | +€1,587 | +8.4% |
| 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 | €17,000 | €18,587 | +€1,587 | +9.3% |
| Profit (loss) carried forward | 14 | -€1,492 | €0 | +€1,492 | |
| Amounts payable | 17/49 | €38,970 | €56,777 | +€17,808 | +45.7% |
| Amounts payable within one year | 42/48 | €38,970 | €55,881 | +€16,911 | +43.4% |
| Trade debts | 44 | €11,693 | €21,497 | +€9,804 | +83.8% |
| Suppliers | 440/4 | €11,693 | €21,497 | +€9,804 | +83.8% |
| Taxes, remuneration and social security | 45 | €15,700 | €22,995 | +€7,295 | +46.5% |
| Taxes | 450/3 | €5,469 | €2,272 | -€3,197 | -58.5% |
| Remuneration and social security | 454/9 | €10,231 | €20,723 | +€10,492 | +103% |
| Other amounts payable | 47/48 | €11,576 | €11,389 | -€188 | -1.6% |
| Accrued charges and deferred income | 492/3 | - | €896 | +€896 | |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €81,927 | €86,654 | +€4,727 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,605 | €267 | -€2,338 | -89.7% |
| Other operating charges | 640/8 | €9,057 | €2,052 | -€7,004 | -77.3% |
| Non-recurring operating charges | 66A | €4,255 | €0 | -€4,255 | -100% |
| Gross operating margin | 9900 | €114,128 | €100,397 | -€13,732 | -12.0% |
| Operating profit (loss) | 9901 | €16,285 | €11,423 | -€4,862 | -29.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €994 | €6,371 | +€5,377 | +541% |
| Recurring financial charges | 65 | €994 | €6,371 | +€5,377 | +541% |
| Profit (loss) for the period before taxes | 9903 | €15,291 | €5,052 | -€10,240 | -67.0% |
| Income taxes | 67/77 | €5,447 | €1,972 | -€3,475 | -63.8% |
| Profit (loss) for the period | 9904 | €9,845 | €3,080 | -€6,765 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,845 | €3,080 | -€6,765 | -68.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.