LIFTA JERUSALEM: 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.
LIFTA JERUSALEM
Largest movements
- Receivables within one year +€35,280
up €35,280 (+79.3%), from €44,483 to €79,763
of which Other amounts receivable: +€21,401
- Tangible fixed assets -€19,219
down €19,219 (-33.9%), from €56,681 to €37,462
of which Leasing and similar rights: -€18,967
- Cash -€13,429
down €13,429 (-24.0%), from €55,924 to €42,495
mainly Receivables within one year (-€35,280) and Trade debts (-€8,931)
- Advances received +€14,164
up €14,164 (+703%), from €2,015 to €16,179
- Trade debts -€8,931
down €8,931 (-20.9%), from €42,821 to €33,890
- Current portion of long-term debt -€8,448
down €8,448 (-42.3%), from €19,990 to €11,542
- Profit (loss) carried forward +€8,283
up €8,283 (+15.6%), from €53,123 to €61,406
- Debts after one year -€5,507
down €5,507 (-19.2%), from €28,615 to €23,108
- Gross operating margin -€22,206
down €22,206 (-33.9%), from €65,480 to €43,274
- Taxes +€8,125
up €8,125 (+202%), from €4,020 to €12,145
- Staff costs -€5,237
down €5,237 (-74.8%), from €7,004 to €1,767
- Other operating charges -€4,100
down €4,100 (-78.8%), from €5,203 to €1,104
- Financial charges -€2,438
down €2,438 (-76.3%), from €3,194 to €756
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,588 | €161,470 | +€2,882 | +1.8% |
| Fixed assets | 21/28 | €58,181 | €39,212 | -€18,969 | -32.6% |
| Tangible fixed assets | 22/27 | €56,681 | €37,462 | -€19,219 | -33.9% |
| Furniture and vehicles | 24 | €1,124 | €872 | -€252 | -22.4% |
| Leasing and similar rights | 25 | €55,557 | €36,590 | -€18,967 | -34.1% |
| Financial fixed assets | 28 | €1,500 | €1,750 | +€250 | +16.7% |
| Current assets | 29/58 | €100,407 | €122,258 | +€21,851 | +21.8% |
| Amounts receivable within one year | 40/41 | €44,483 | €79,763 | +€35,280 | +79.3% |
| Trade receivables | 40 | €20,402 | €34,282 | +€13,879 | +68.0% |
| Other amounts receivable | 41 | €24,080 | €45,481 | +€21,401 | +88.9% |
| Cash at bank and in hand | 54/58 | €55,924 | €42,495 | -€13,429 | -24.0% |
| Total equity and liabilities | 10/49 | €158,588 | €161,470 | +€2,882 | +1.8% |
| Equity | 10/15 | €63,123 | €71,406 | +€8,283 | +13.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,123 | €61,406 | +€8,283 | +15.6% |
| Amounts payable | 17/49 | €95,465 | €90,064 | -€5,401 | -5.7% |
| Amounts payable after more than one year | 17 | €28,615 | €23,108 | -€5,507 | -19.2% |
| Financial debts | 170/4 | €28,615 | €23,108 | -€5,507 | -19.2% |
| Amounts payable within one year | 42/48 | €66,850 | €66,956 | +€106 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €19,990 | €11,542 | -€8,448 | -42.3% |
| Trade debts | 44 | €42,821 | €33,890 | -€8,931 | -20.9% |
| Suppliers | 440/4 | €42,821 | €33,890 | -€8,931 | -20.9% |
| Advances received on contracts in progress | 46 | €2,015 | €16,179 | +€14,164 | +703% |
| Taxes, remuneration and social security | 45 | €2,024 | €5,345 | +€3,321 | +164% |
| Taxes | 450/3 | €2,024 | €5,345 | +€3,321 | +164% |
| Remuneration, social security and pensions | 62 | €7,004 | €1,767 | -€5,237 | -74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,104 | €19,219 | +€115 | +0.6% |
| Other operating charges | 640/8 | €5,203 | €1,104 | -€4,100 | -78.8% |
| Gross operating margin | 9900 | €65,480 | €43,274 | -€22,206 | -33.9% |
| Operating profit (loss) | 9901 | €34,168 | €21,184 | -€12,984 | -38.0% |
| Financial charges | 65/66B | €3,194 | €756 | -€2,438 | -76.3% |
| Recurring financial charges | 65 | €3,194 | €756 | -€2,438 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €30,974 | €20,429 | -€10,546 | -34.0% |
| Income taxes | 67/77 | €4,020 | €12,145 | +€8,125 | +202% |
| Profit (loss) for the period | 9904 | €26,954 | €8,283 | -€18,671 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,954 | €8,283 | -€18,671 | -69.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.