MDB 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.
MDB Liften
Largest movements
- Cash -€70,404
down €70,404 (-55.1%), from €127,698 to €57,294
mainly Contributions, distributions and other (-€123,297) and Investment in fixed assets (net) (-€44,472)
- Tangible fixed assets +€42,086
up €42,086 (+8,328%), from €505 to €42,591
of which Furniture and vehicles: +€40,307
- Receivables within one year -€8,804
down €8,804 (-29.5%), from €29,846 to €21,042
of which Trade receivables: -€17,190
- Reserves -€85,065
down €85,065 (-100%), from €85,065 to €0
- Other debts +€49,527
up €49,527 (+71.7%), from €69,054 to €118,581
- Gross operating margin +€3,324
up €3,324 (+7.0%), from €47,230 to €50,554
- Depreciation -€1,254
down €1,254 (-34.4%), from €3,640 to €2,387
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 | €158,931 | €121,914 | -€37,017 | -23.3% |
| Fixed assets | 21/28 | €505 | €42,591 | +€42,086 | +8,328% |
| Tangible fixed assets | 22/27 | €505 | €42,591 | +€42,086 | +8,328% |
| Plant, machinery and equipment | 23 | - | €1,779 | +€1,779 | |
| Furniture and vehicles | 24 | €505 | €40,812 | +€40,307 | +7,976% |
| Current assets | 29/58 | €158,426 | €79,323 | -€79,103 | -49.9% |
| Amounts receivable within one year | 40/41 | €29,846 | €21,042 | -€8,804 | -29.5% |
| Trade receivables | 40 | €26,320 | €9,130 | -€17,190 | -65.3% |
| Other amounts receivable | 41 | €3,526 | €11,912 | +€8,387 | +238% |
| Cash at bank and in hand | 54/58 | €127,698 | €57,294 | -€70,404 | -55.1% |
| Deferred charges and accrued income | 490/1 | €882 | €987 | +€105 | +11.9% |
| Total equity and liabilities | 10/49 | €158,931 | €121,914 | -€37,017 | -23.3% |
| Equity | 10/15 | €87,565 | €2,500 | -€85,065 | -97.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €85,065 | €0 | -€85,065 | -100% |
| Distributable reserves | 133 | €85,065 | €0 | -€85,065 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €71,366 | €119,414 | +€48,048 | +67.3% |
| Amounts payable within one year | 42/48 | €71,366 | €119,414 | +€48,048 | +67.3% |
| Trade debts | 44 | €1,049 | €833 | -€216 | -20.6% |
| Suppliers | 440/4 | €1,049 | €833 | -€216 | -20.6% |
| Taxes, remuneration and social security | 45 | €1,264 | €0 | -€1,264 | -100% |
| Taxes | 450/3 | €1,264 | €0 | -€1,264 | -100% |
| Other amounts payable | 47/48 | €69,054 | €118,581 | +€49,527 | +71.7% |
| Non-recurring operating income | 76A | - | €4,868 | +€4,868 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,640 | €2,387 | -€1,254 | -34.4% |
| Other operating charges | 640/8 | €825 | €888 | +€63 | +7.6% |
| Gross operating margin | 9900 | €47,230 | €50,554 | +€3,324 | +7.0% |
| Operating profit (loss) | 9901 | €42,765 | €47,279 | +€4,515 | +10.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €69 | €83 | +€14 | +20.8% |
| Recurring financial charges | 65 | €69 | €83 | +€14 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €42,696 | €47,196 | +€4,500 | +10.5% |
| Income taxes | 67/77 | €8,764 | €8,963 | +€200 | +2.3% |
| Profit (loss) for the period | 9904 | €33,932 | €38,233 | +€4,301 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,932 | €38,233 | +€4,301 | +12.7% |
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 23 October 2026 via checked.be.