LIFTIN: what changed
Two fiscal 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.
LIFTIN
Largest movements
- Cash +€209,629
up €209,629 (+94.6%), from €221,533 to €431,163
mainly Net result for the year (+€197,593) and Current investments (+€76,503)
- Current investments -€76,503
down €76,503 (-61.7%), from €124,000 to €47,497
- Other debts +€69,144
up €69,144 (+204.7%), from €33,774 to €102,918
- Reserves +€63,843
up €63,843 (+24.0%), from €266,560 to €330,403
- Trade debts +€13,948
up €13,948 (+3.0%), from €457,924 to €471,872
- Tax, wage and social debts -€9,955
down €9,955 (-75.0%), from €13,282 to €3,327
- Gross operating margin +€128,603
up €128,603 (+131.0%), from €98,170 to €226,774
- Taxes +€8,686
up €8,686 (+34.1%), from €25,467 to €34,154
- Financial income +€5,136
up €5,136 (+281.1%), from €1,827 to €6,963
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 | €813,161 | €943,382 | +€130,221 | +16.0% |
| Fixed assets | 21/28 | €1,652 | €912 | -€740 | -44.8% |
| Intangible fixed assets | 21 | €1,652 | €912 | -€740 | -44.8% |
| Current assets | 29/58 | €811,509 | €942,470 | +€130,961 | +16.1% |
| Amounts receivable within one year | 40/41 | €465,976 | €463,811 | -€2,165 | -0.5% |
| Trade receivables | 40 | €441,285 | €408,998 | -€32,287 | -7.3% |
| Other amounts receivable | 41 | €24,691 | €54,813 | +€30,123 | +122.0% |
| Current investments | 50/53 | €124,000 | €47,497 | -€76,503 | -61.7% |
| Cash at bank and in hand | 54/58 | €221,533 | €431,163 | +€209,629 | +94.6% |
| Total equity and liabilities | 10/49 | €813,161 | €943,382 | +€130,221 | +16.0% |
| Equity | 10/15 | €285,160 | €349,003 | +€63,843 | +22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €266,560 | €330,403 | +€63,843 | +24.0% |
| Distributable reserves | 133 | €266,560 | €330,403 | +€63,843 | +24.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €528,001 | €594,379 | +€66,378 | +12.6% |
| Amounts payable within one year | 42/48 | €504,980 | €578,117 | +€73,137 | +14.5% |
| Trade debts | 44 | €457,924 | €471,872 | +€13,948 | +3.0% |
| Suppliers | 440/4 | €457,924 | €471,872 | +€13,948 | +3.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,282 | €3,327 | -€9,955 | -75.0% |
| Taxes | 450/3 | €13,282 | €3,327 | -€9,955 | -75.0% |
| Other amounts payable | 47/48 | €33,774 | €102,918 | +€69,144 | +204.7% |
| Accrued charges and deferred income | 492/3 | €23,021 | €16,262 | -€6,759 | -29.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,076 | €740 | -€1,336 | -64.3% |
| Other operating charges | 640/8 | €613 | €628 | +€14 | +2.3% |
| Gross operating margin | 9900 | €98,170 | €226,774 | +€128,603 | +131.0% |
| Operating profit (loss) | 9901 | €95,481 | €225,406 | +€129,924 | +136.1% |
| Financial income | 75/76B | €1,827 | €6,963 | +€5,136 | +281.1% |
| Recurring financial income | 75 | €1,827 | €6,963 | +€5,136 | +281.1% |
| Financial charges | 65/66B | €290 | €621 | +€331 | +114.0% |
| Recurring financial charges | 65 | €290 | €621 | +€331 | +114.0% |
| Profit (loss) for the period before taxes | 9903 | €97,018 | €231,747 | +€134,729 | +138.9% |
| Income taxes | 67/77 | €25,467 | €34,154 | +€8,686 | +34.1% |
| Profit (loss) for the period | 9904 | €71,550 | €197,593 | +€126,043 | +176.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,550 | €197,593 | +€126,043 | +176.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.