A.L.G.: 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.
A.L.G.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts -€106,149
down €106,149 (-94.8%), from €112,001 to €5,852
- Other debts +€102,695
up €102,695 (+61.2%), from €167,904 to €270,599
- Reserves +€15,561
up €15,561 (+11.4%), from €136,373 to €151,934
- Financial income -€34,603
down €34,603 (-99.0%), from €34,958 to €355
- Gross operating margin +€24,088
up €24,088 (+43.6%), from €55,221 to €79,309
- Financial charges +€9,848
up €9,848 (+26.2%), from €37,527 to €47,375
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,488,831 | €1,502,753 | +€13,922 | +0.9% |
| Fixed assets | 21/28 | €1,370,849 | €1,370,849 | = | 0.0% |
| Financial fixed assets | 28 | €1,370,849 | €1,370,849 | = | 0.0% |
| Current assets | 29/58 | €117,982 | €131,904 | +€13,922 | +11.8% |
| Amounts receivable within one year | 40/41 | €116,204 | €129,834 | +€13,630 | +11.7% |
| Trade receivables | 40 | €112,400 | - | -€112,400 | |
| Other amounts receivable | 41 | €3,804 | €129,834 | +€126,030 | +3,313% |
| Deferred charges and accrued income | 490/1 | €1,778 | €2,070 | +€292 | +16.4% |
| Total equity and liabilities | 10/49 | €1,488,831 | €1,502,753 | +€13,922 | +0.9% |
| Equity | 10/15 | €789,733 | €805,293 | +€15,561 | +2.0% |
| Contributions | 10/11 | €642,000 | €642,000 | = | 0.0% |
| Reserves | 13 | €136,373 | €151,934 | +€15,561 | +11.4% |
| Distributable reserves | 133 | €136,373 | €151,934 | +€15,561 | +11.4% |
| Profit (loss) carried forward | 14 | €11,360 | €11,360 | = | 0.0% |
| Amounts payable | 17/49 | €699,098 | €697,459 | -€1,639 | -0.2% |
| Amounts payable after more than one year | 17 | €350,000 | €350,000 | = | 0.0% |
| Financial debts | 170/4 | €350,000 | €350,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €340,563 | €339,666 | -€897 | -0.3% |
| Financial debts | 43 | €49,720 | €59,373 | +€9,652 | +19.4% |
| Credit institutions | 430/8 | €49,720 | €59,373 | +€9,652 | +19.4% |
| Trade debts | 44 | €112,001 | €5,852 | -€106,149 | -94.8% |
| Suppliers | 440/4 | €112,001 | €5,852 | -€106,149 | -94.8% |
| Taxes, remuneration and social security | 45 | €10,937 | €3,842 | -€7,095 | -64.9% |
| Taxes | 450/3 | €10,937 | €3,842 | -€7,095 | -64.9% |
| Other amounts payable | 47/48 | €167,904 | €270,599 | +€102,695 | +61.2% |
| Accrued charges and deferred income | 492/3 | €8,535 | €7,793 | -€742 | -8.7% |
| Other operating charges | 640/8 | €1,242 | €1,258 | +€16 | +1.3% |
| Gross operating margin | 9900 | €55,221 | €79,309 | +€24,088 | +43.6% |
| Operating profit (loss) | 9901 | €53,979 | €78,051 | +€24,072 | +44.6% |
| Financial income | 75/76B | €34,958 | €355 | -€34,603 | -99.0% |
| Recurring financial income | 75 | €34,958 | €355 | -€34,603 | -99.0% |
| Financial charges | 65/66B | €37,527 | €47,375 | +€9,848 | +26.2% |
| Recurring financial charges | 65 | €37,527 | €47,375 | +€9,848 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €51,410 | €31,032 | -€20,378 | -39.6% |
| Income taxes | 67/77 | €7,957 | €8,729 | +€772 | +9.7% |
| Profit (loss) for the period | 9904 | €43,453 | €22,303 | -€21,150 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,453 | €22,303 | -€21,150 | -48.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.