ROYAL LIFT: 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.
ROYAL LIFT
Largest movements
- Receivables within one year -€25,966
down €25,966 (-32.3%), from €80,344 to €54,378
- Tangible fixed assets +€17,226
up €17,226 (+56.9%), from €30,300 to €47,526
- Cash -€9,093
down €9,093 (-33.7%), from €27,008 to €17,915
mainly Investment in fixed assets (net) (-€31,005) and Net result for the year (-€15,449)
- Profit (loss) carried forward -€15,449
down €15,449 (-76.5%), from €20,207 to €4,758
- Advances received -€14,381
down €14,381 (-52.7%), from €27,277 to €12,896
- Other debts +€10,224
up €10,224 (+20.5%), from €49,964 to €60,188
- Tax, wage and social debts +€8,035
up €8,035 (+163%), from €4,941 to €12,976
- Trade debts -€6,263
down €6,263 (-17.8%), from €35,263 to €29,001
- Gross operating margin -€25,572
down €25,572 (-77.1%), from €33,183 to €7,612
- Other operating charges +€7,223
up €7,223 (+578%), from €1,250 to €8,474
- Depreciation +€5,579
up €5,579 (+68.0%), from €8,200 to €13,779
- Taxes -€4,271
down €4,271 (-86.4%), from €4,941 to €670
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 | €137,652 | €119,819 | -€17,833 | -13.0% |
| Fixed assets | 21/28 | €30,300 | €47,526 | +€17,226 | +56.9% |
| Tangible fixed assets | 22/27 | €30,300 | €47,526 | +€17,226 | +56.9% |
| Furniture and vehicles | 24 | €30,300 | €47,526 | +€17,226 | +56.9% |
| Current assets | 29/58 | €107,352 | €72,293 | -€35,059 | -32.7% |
| Amounts receivable within one year | 40/41 | €80,344 | €54,378 | -€25,966 | -32.3% |
| Trade receivables | 40 | €80,344 | €54,378 | -€25,966 | -32.3% |
| Cash at bank and in hand | 54/58 | €27,008 | €17,915 | -€9,093 | -33.7% |
| Total equity and liabilities | 10/49 | €137,652 | €119,819 | -€17,833 | -13.0% |
| Equity | 10/15 | €20,207 | €4,758 | -€15,449 | -76.5% |
| Profit (loss) carried forward | 14 | €20,207 | €4,758 | -€15,449 | -76.5% |
| Amounts payable | 17/49 | €117,445 | €115,060 | -€2,384 | -2.0% |
| Amounts payable within one year | 42/48 | €117,445 | €115,060 | -€2,384 | -2.0% |
| Trade debts | 44 | €35,263 | €29,001 | -€6,263 | -17.8% |
| Suppliers | 440/4 | €35,263 | €29,001 | -€6,263 | -17.8% |
| Advances received on contracts in progress | 46 | €27,277 | €12,896 | -€14,381 | -52.7% |
| Taxes, remuneration and social security | 45 | €4,941 | €12,976 | +€8,035 | +163% |
| Taxes | 450/3 | €4,941 | €12,976 | +€8,035 | +163% |
| Other amounts payable | 47/48 | €49,964 | €60,188 | +€10,224 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,200 | €13,779 | +€5,579 | +68.0% |
| Other operating charges | 640/8 | €1,250 | €8,474 | +€7,223 | +578% |
| Gross operating margin | 9900 | €33,183 | €7,612 | -€25,572 | -77.1% |
| Operating profit (loss) | 9901 | €23,733 | -€14,641 | -€38,374 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +233% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +233% |
| Financial charges | 65/66B | €64 | €140 | +€77 | +120% |
| Recurring financial charges | 65 | €64 | €140 | +€77 | +120% |
| Profit (loss) for the period before taxes | 9903 | €23,670 | -€14,778 | -€38,449 | |
| Income taxes | 67/77 | €4,941 | €670 | -€4,271 | -86.4% |
| Profit (loss) for the period | 9904 | €18,729 | -€15,449 | -€34,178 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,729 | -€15,449 | -€34,178 |
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 30 October 2026 via checked.be.