LIFT CONSTRUCT: what changed
LIFT CONSTRUCT
Largest movements
- Receivables within one year -€31,398
down €31,398 (-29.8%), from €105,396 to €73,998
of which Trade receivables: -€41,345
- Stocks and contracts -€19,638
down €19,638 (-5.2%), from €379,998 to €360,360
of which Stocks: -€17,627
- Tangible fixed assets -€12,788
down €12,788 (-87.5%), from €14,620 to €1,832
of which Furniture and vehicles: -€12,313
- Deferred charges and accrued income +€5,913
new in 2025: €5,913
- Reserves -€65,410
down €65,410 (-41.9%), from €155,994 to €90,583
- Other debts -€18,409
down €18,409 (-26.0%), from €70,860 to €52,452
- Trade debts +€11,331
up €11,331 (+10.6%), from €106,701 to €118,033
- Current portion of long-term debt +€11,000
new in 2025: €11,000
- Tax, wage and social debts +€9,136
up €9,136 (+42.7%), from €21,407 to €30,543
of which Remuneration and social security: +€7,826
- Gross operating margin -€93,445
down €93,445 (-29.1%), from €320,879 to €227,434
- Staff costs +€22,441
up €22,441 (+9.1%), from €245,395 to €267,836
- Taxes -€11,255
down €11,255 (-96.7%), from €11,639 to €385
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,284 | €482,498 | -€53,786 | -10.0% |
| Fixed assets | 21/28 | €23,210 | €10,468 | -€12,742 | -54.9% |
| Tangible fixed assets | 22/27 | €14,620 | €1,832 | -€12,788 | -87.5% |
| Plant, machinery and equipment | 23 | €1,776 | €1,301 | -€475 | -26.7% |
| Furniture and vehicles | 24 | €12,844 | €531 | -€12,313 | -95.9% |
| Financial fixed assets | 28 | €8,590 | €8,636 | +€46 | +0.5% |
| Current assets | 29/58 | €513,074 | €472,030 | -€41,044 | -8.0% |
| Stocks and contracts in progress | 3 | €379,998 | €360,360 | -€19,638 | -5.2% |
| Stocks | 30/36 | €361,379 | €343,752 | -€17,627 | -4.9% |
| Contracts in progress | 37 | €18,619 | €16,608 | -€2,011 | -10.8% |
| Amounts receivable within one year | 40/41 | €105,396 | €73,998 | -€31,398 | -29.8% |
| Trade receivables | 40 | €105,396 | €64,051 | -€41,345 | -39.2% |
| Other amounts receivable | 41 | - | €9,947 | +€9,947 | |
| Cash at bank and in hand | 54/58 | €27,680 | €31,759 | +€4,079 | +14.7% |
| Deferred charges and accrued income | 490/1 | - | €5,913 | +€5,913 | |
| Total equity and liabilities | 10/49 | €536,284 | €482,498 | -€53,786 | -10.0% |
| Equity | 10/15 | €267,546 | €202,136 | -€65,410 | -24.4% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €155,994 | €90,583 | -€65,410 | -41.9% |
| Distributable reserves | 133 | €155,994 | €90,583 | -€65,410 | -41.9% |
| Amounts payable | 17/49 | €268,738 | €280,363 | +€11,625 | +4.3% |
| Amounts payable within one year | 42/48 | €268,738 | €280,363 | +€11,625 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,000 | +€11,000 | |
| Financial debts | 43 | €69,770 | €68,335 | -€1,434 | -2.1% |
| Credit institutions | 430/8 | €69,770 | €68,335 | -€1,434 | -2.1% |
| Trade debts | 44 | €106,701 | €118,033 | +€11,331 | +10.6% |
| Suppliers | 440/4 | €106,701 | €118,033 | +€11,331 | +10.6% |
| Taxes, remuneration and social security | 45 | €21,407 | €30,543 | +€9,136 | +42.7% |
| Taxes | 450/3 | €14,998 | €16,309 | +€1,311 | +8.7% |
| Remuneration and social security | 454/9 | €6,408 | €14,234 | +€7,826 | +122% |
| Other amounts payable | 47/48 | €70,860 | €52,452 | -€18,409 | -26.0% |
| Remuneration, social security and pensions | 62 | €245,395 | €267,836 | +€22,441 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,999 | €12,788 | -€2,211 | -14.7% |
| Other operating charges | 640/8 | €2,933 | €3,325 | +€392 | +13.4% |
| Gross operating margin | 9900 | €320,879 | €227,434 | -€93,445 | -29.1% |
| Operating profit (loss) | 9901 | €57,552 | -€56,515 | -€114,067 | |
| Financial income | 75/76B | €1,215 | €449 | -€766 | -63.0% |
| Recurring financial income | 75 | €1,215 | €449 | -€766 | -63.0% |
| Financial charges | 65/66B | €11,328 | €8,960 | -€2,368 | -20.9% |
| Recurring financial charges | 65 | €11,328 | €8,960 | -€2,368 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €47,440 | -€65,026 | -€112,465 | |
| Income taxes | 67/77 | €11,639 | €385 | -€11,255 | -96.7% |
| Profit (loss) for the period | 9904 | €35,800 | -€65,410 | -€101,211 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,800 | -€65,410 | -€101,211 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.