A & L Management: 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 Management
Largest movements
- Receivables within one year +€43,942
up €43,942 (+1,342%), from €3,276 to €47,218
of which Trade receivables: +€46,535
- Cash +€14,993
up €14,993 (+97.7%), from €15,350 to €30,343
mainly Trade debts (+€55,828) and Depreciation (+€5,213)
- Intangible fixed assets -€3,204
no longer reported in 2025 (was €3,204)
- Tangible fixed assets -€2,009
down €2,009 (-21.6%), from €9,286 to €7,277
- Trade debts +€55,828
up €55,828 (+4,729%), from €1,181 to €57,008
- Profit (loss) carried forward -€2,969
down €2,969 (-6.3%), from -€47,154 to -€50,123
- Tax, wage and social debts +€1,177
new in 2025: €1,177
- Turnover -€43,659
no longer reported in 2025 (was €43,659)
- Purchases and services -€20,797
no longer reported in 2025 (was €20,797)
- Gross operating margin -€19,616
down €19,616 (-85.8%), from €22,861 to €3,245
- Depreciation -€3,546
down €3,546 (-40.5%), from €8,760 to €5,213
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 | €31,116 | €85,253 | +€54,137 | +174% |
| Fixed assets | 21/28 | €12,490 | €7,277 | -€5,213 | -41.7% |
| Intangible fixed assets | 21 | €3,204 | - | -€3,204 | |
| Tangible fixed assets | 22/27 | €9,286 | €7,277 | -€2,009 | -21.6% |
| Furniture and vehicles | 24 | €9,286 | €7,277 | -€2,009 | -21.6% |
| Current assets | 29/58 | €18,626 | €77,976 | +€59,351 | +319% |
| Amounts receivable within one year | 40/41 | €3,276 | €47,218 | +€43,942 | +1,342% |
| Trade receivables | 40 | €683 | €47,218 | +€46,535 | +6,816% |
| Other amounts receivable | 41 | €2,593 | - | -€2,593 | |
| Cash at bank and in hand | 54/58 | €15,350 | €30,343 | +€14,993 | +97.7% |
| Deferred charges and accrued income | 490/1 | - | €415 | +€415 | |
| Total equity and liabilities | 10/49 | €31,116 | €85,253 | +€54,137 | +174% |
| Equity | 10/15 | -€15,144 | -€18,112 | -€2,969 | -19.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,411 | €13,411 | = | 0.0% |
| Distributable reserves | 133 | €13,411 | €13,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,154 | -€50,123 | -€2,969 | -6.3% |
| Amounts payable | 17/49 | €46,259 | €103,365 | +€57,106 | +123% |
| Amounts payable within one year | 42/48 | €46,259 | €103,365 | +€57,106 | +123% |
| Trade debts | 44 | €1,181 | €57,008 | +€55,828 | +4,729% |
| Suppliers | 440/4 | €1,181 | €57,008 | +€55,828 | +4,729% |
| Taxes, remuneration and social security | 45 | - | €1,177 | +€1,177 | |
| Taxes | 450/3 | - | €1,177 | +€1,177 | |
| Other amounts payable | 47/48 | €45,079 | €45,180 | +€102 | +0.2% |
| Turnover | 70 | €43,659 | - | -€43,659 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,797 | - | -€20,797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,760 | €5,213 | -€3,546 | -40.5% |
| Other operating charges | 640/8 | €556 | €850 | +€294 | +53.0% |
| Gross operating margin | 9900 | €22,861 | €3,245 | -€19,616 | -85.8% |
| Operating profit (loss) | 9901 | €13,546 | -€2,819 | -€16,364 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €13,411 | -€2,969 | -€16,379 | |
| Profit (loss) for the period | 9904 | €13,411 | -€2,969 | -€16,379 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,411 | -€2,969 | -€16,379 |
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 25 October 2026 via checked.be.