LIFTTEL: 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.
LIFTTEL
Largest movements
- Cash -€63,901
down €63,901 (-82.2%), from €77,740 to €13,839
mainly Contributions, distributions and other (-€135,000) and Investment in fixed assets (net) (-€46,827)
- Receivables within one year +€24,020
up €24,020 (+143%), from €16,773 to €40,793
of which Trade receivables: +€20,091
- Tangible fixed assets +€14,518
up €14,518 (+3.0%), from €489,120 to €503,638
of which Furniture and vehicles: +€23,415
- Tax, wage and social debts -€30,708
down €30,708 (-60.8%), from €50,494 to €19,786
- Debts after one year -€23,491
down €23,491 (-7.5%), from €315,078 to €291,587
- Trade debts +€16,725
up €16,725 (+503%), from €3,326 to €20,051
- Other debts +€14,229
up €14,229 (+40.8%), from €34,897 to €49,125
- Gross operating margin +€5,730
up €5,730 (+2.8%), from €208,205 to €213,934
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 | €588,501 | €562,208 | -€26,293 | -4.5% |
| Fixed assets | 21/28 | €489,120 | €503,638 | +€14,518 | +3.0% |
| Tangible fixed assets | 22/27 | €489,120 | €503,638 | +€14,518 | +3.0% |
| Land and buildings | 22 | €467,414 | €458,517 | -€8,897 | -1.9% |
| Furniture and vehicles | 24 | €21,707 | €45,121 | +€23,415 | +108% |
| Current assets | 29/58 | €99,381 | €58,570 | -€40,811 | -41.1% |
| Stocks and contracts in progress | 3 | €1,696 | €1,735 | +€39 | +2.3% |
| Stocks | 30/36 | €1,696 | €1,735 | +€39 | +2.3% |
| Amounts receivable within one year | 40/41 | €16,773 | €40,793 | +€24,020 | +143% |
| Trade receivables | 40 | €5,487 | €25,579 | +€20,091 | +366% |
| Other amounts receivable | 41 | €11,285 | €15,214 | +€3,929 | +34.8% |
| Cash at bank and in hand | 54/58 | €77,740 | €13,839 | -€63,901 | -82.2% |
| Deferred charges and accrued income | 490/1 | €3,173 | €2,204 | -€969 | -30.5% |
| Total equity and liabilities | 10/49 | €588,501 | €562,208 | -€26,293 | -4.5% |
| Equity | 10/15 | €156,291 | €157,418 | +€1,127 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,691 | €138,818 | +€1,127 | +0.8% |
| 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 | €135,831 | €136,958 | +€1,127 | +0.8% |
| Amounts payable | 17/49 | €432,210 | €404,790 | -€27,420 | -6.3% |
| Amounts payable after more than one year | 17 | €315,078 | €291,587 | -€23,491 | -7.5% |
| Financial debts | 170/4 | €315,078 | €291,587 | -€23,491 | -7.5% |
| Amounts payable within one year | 42/48 | €116,538 | €112,454 | -€4,084 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €27,820 | €23,491 | -€4,329 | -15.6% |
| Trade debts | 44 | €3,326 | €20,051 | +€16,725 | +503% |
| Suppliers | 440/4 | €3,326 | €20,051 | +€16,725 | +503% |
| Taxes, remuneration and social security | 45 | €50,494 | €19,786 | -€30,708 | -60.8% |
| Taxes | 450/3 | €50,494 | €19,786 | -€30,708 | -60.8% |
| Other amounts payable | 47/48 | €34,897 | €49,125 | +€14,229 | +40.8% |
| Accrued charges and deferred income | 492/3 | €594 | €749 | +€155 | +26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,755 | €32,309 | +€1,554 | +5.1% |
| Other operating charges | 640/8 | €1,016 | €1,411 | +€395 | +38.9% |
| Gross operating margin | 9900 | €208,205 | €213,934 | +€5,730 | +2.8% |
| Operating profit (loss) | 9901 | €176,433 | €180,214 | +€3,780 | +2.1% |
| Financial income | 75/76B | €5,752 | €3,645 | -€2,107 | -36.6% |
| Recurring financial income | 75 | €5,752 | €3,645 | -€2,107 | -36.6% |
| Financial charges | 65/66B | €6,534 | €7,463 | +€929 | +14.2% |
| Recurring financial charges | 65 | €6,534 | €7,463 | +€929 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €175,651 | €176,395 | +€744 | +0.4% |
| Income taxes | 67/77 | €40,306 | €40,269 | -€38 | -0.1% |
| Profit (loss) for the period | 9904 | €135,345 | €136,127 | +€782 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €135,345 | €136,127 | +€782 | +0.6% |
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 24 October 2026 via checked.be.