Gentse Liften: 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.
Gentse Liften
Largest movements
- Tangible fixed assets +€50,414
up €50,414 (+2,754%), from €1,831 to €52,245
of which Leasing and similar rights: +€50,104
- Receivables within one year -€7,896
down €7,896 (-28.7%), from €27,484 to €19,588
of which Trade receivables: -€7,087
- Cash -€2,683
down €2,683 (-21.1%), from €12,721 to €10,037
mainly Investment in fixed assets (net) (-€61,205) and Net result for the year (-€23,089)
- Debts after one year +€39,999
new in 2025: €39,999
- Reserves -€11,880
down €11,880 (-53.1%), from €22,352 to €10,472
of which Distributable reserves: -€11,880
- Profit (loss) carried forward -€11,209
new in 2025: -€11,209
- Current portion of long-term debt +€10,021
new in 2025: €10,021
- Tax, wage and social debts +€7,922
up €7,922 (+83.9%), from €9,440 to €17,362
- Gross operating margin -€17,402
down €17,402, from €9,919 to -€7,483
- Depreciation +€10,235
up €10,235 (+1,841%), from €556 to €10,790
- Financial charges +€2,868
up €2,868 (+1,729%), from €166 to €3,033
- Taxes -€2,227
no longer reported in 2025 (was €2,227)
- Financial income +€592
up €592 (+102,124%), from €1 to €593
of which Non-recurring financial income: +€593
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 | €44,525 | €85,132 | +€40,607 | +91.2% |
| Fixed assets | 21/28 | €2,731 | €53,145 | +€50,414 | +1,846% |
| Tangible fixed assets | 22/27 | €1,831 | €52,245 | +€50,414 | +2,754% |
| Plant, machinery and equipment | 23 | €1,831 | €1,085 | -€746 | -40.7% |
| Furniture and vehicles | 24 | - | €1,056 | +€1,056 | |
| Leasing and similar rights | 25 | - | €50,104 | +€50,104 | |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €41,795 | €31,987 | -€9,808 | -23.5% |
| Amounts receivable within one year | 40/41 | €27,484 | €19,588 | -€7,896 | -28.7% |
| Trade receivables | 40 | €26,446 | €19,359 | -€7,087 | -26.8% |
| Other amounts receivable | 41 | €1,037 | €229 | -€809 | -77.9% |
| Cash at bank and in hand | 54/58 | €12,721 | €10,037 | -€2,683 | -21.1% |
| Deferred charges and accrued income | 490/1 | €1,590 | €2,362 | +€772 | +48.5% |
| Total equity and liabilities | 10/49 | €44,525 | €85,132 | +€40,607 | +91.2% |
| Equity | 10/15 | €25,352 | €2,263 | -€23,089 | -91.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,352 | €10,472 | -€11,880 | -53.1% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €300 | €300 | = | 0.0% |
| Distributable reserves | 133 | €22,052 | €10,172 | -€11,880 | -53.9% |
| Profit (loss) carried forward | 14 | - | -€11,209 | -€11,209 | |
| Amounts payable | 17/49 | €19,173 | €82,869 | +€63,696 | +332% |
| Amounts payable after more than one year | 17 | - | €39,999 | +€39,999 | |
| Financial debts | 170/4 | - | €39,999 | +€39,999 | |
| Amounts payable within one year | 42/48 | €19,173 | €42,495 | +€23,321 | +122% |
| Current portion of amounts payable after more than one year | 42 | - | €10,021 | +€10,021 | |
| Trade debts | 44 | €6,771 | €12,856 | +€6,084 | +89.9% |
| Suppliers | 440/4 | €6,771 | €12,856 | +€6,084 | +89.9% |
| Taxes, remuneration and social security | 45 | €9,440 | €17,362 | +€7,922 | +83.9% |
| Taxes | 450/3 | €9,440 | €17,362 | +€7,922 | +83.9% |
| Other amounts payable | 47/48 | €2,962 | €2,256 | -€706 | -23.8% |
| Accrued charges and deferred income | 492/3 | - | €375 | +€375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €556 | €10,790 | +€10,235 | +1,841% |
| Other operating charges | 640/8 | €2,245 | €2,375 | +€130 | +5.8% |
| Gross operating margin | 9900 | €9,919 | -€7,483 | -€17,402 | |
| Operating profit (loss) | 9901 | €7,118 | -€20,648 | -€27,767 | |
| Financial income | 75/76B | €1 | €593 | +€592 | +102,124% |
| Recurring financial income | 75 | €1 | €593 | +€592 | +102,124% |
| Non-recurring financial income | 76B | - | €593 | +€593 | |
| Financial charges | 65/66B | €166 | €3,033 | +€2,868 | +1,729% |
| Recurring financial charges | 65 | €166 | €3,033 | +€2,868 | +1,729% |
| Profit (loss) for the period before taxes | 9903 | €6,953 | -€23,089 | -€30,042 | |
| Income taxes | 67/77 | €2,227 | - | -€2,227 | |
| Profit (loss) for the period | 9904 | €4,726 | -€23,089 | -€27,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,726 | -€23,089 | -€27,815 |
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 28 October 2026 via checked.be.