AALIEBRA: 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.
AALIEBRA
Largest movements
- Tangible fixed assets +€136,379
up €136,379 (+63.4%), from €215,123 to €351,503
- Intangible fixed assets +€66,575
up €66,575 (+615%), from €10,822 to €77,397
- Receivables within one year +€40,747
up €40,747 (+50.3%), from €81,026 to €121,773
of which Other amounts receivable: +€77,977
- Debts after one year +€151,426
up €151,426 (+68.1%), from €222,396 to €373,822
- Current portion of long-term debt +€69,437
up €69,437 (+128%), from €54,293 to €123,729
- Trade debts +€65,779
up €65,779 (+226%), from €29,144 to €94,923
- Tax, wage and social debts -€34,039
down €34,039 (-61.4%), from €55,455 to €21,416
of which Remuneration and social security: -€28,441
- Advances received -€9,023
no longer reported in 2024 (was €9,023)
- Gross operating margin +€104,504
up €104,504 (+23.7%), from €441,252 to €545,756
- Depreciation +€58,806
up €58,806 (+117%), from €50,464 to €109,270
- Financial charges +€37,244
up €37,244 (+552%), from €6,742 to €43,986
- Staff costs +€36,692
up €36,692 (+12.1%), from €303,719 to €340,412
- Other operating charges +€28,624
up €28,624 (+214%), from €13,404 to €42,028
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,161 | €743,473 | +€247,312 | +49.8% |
| Fixed assets | 21/28 | €225,945 | €428,900 | +€202,954 | +89.8% |
| Intangible fixed assets | 21 | €10,822 | €77,397 | +€66,575 | +615% |
| Tangible fixed assets | 22/27 | €215,123 | €351,503 | +€136,379 | +63.4% |
| Furniture and vehicles | 24 | €215,123 | €351,503 | +€136,379 | +63.4% |
| Current assets | 29/58 | €270,216 | €314,574 | +€44,357 | +16.4% |
| Amounts receivable within one year | 40/41 | €81,026 | €121,773 | +€40,747 | +50.3% |
| Trade receivables | 40 | €68,612 | €31,382 | -€37,230 | -54.3% |
| Other amounts receivable | 41 | €12,414 | €90,391 | +€77,977 | +628% |
| Current investments | 50/53 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €150,432 | €153,455 | +€3,023 | +2.0% |
| Deferred charges and accrued income | 490/1 | €35,758 | €36,345 | +€587 | +1.6% |
| Total equity and liabilities | 10/49 | €496,161 | €743,473 | +€247,312 | +49.8% |
| Equity | 10/15 | €124,941 | €129,551 | +€4,609 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,741 | €123,351 | +€4,609 | +3.9% |
| Distributable reserves | 133 | €118,741 | €123,351 | +€4,609 | +3.9% |
| Amounts payable | 17/49 | €371,220 | €613,922 | +€242,702 | +65.4% |
| Amounts payable after more than one year | 17 | €222,396 | €373,822 | +€151,426 | +68.1% |
| Financial debts | 170/4 | €222,396 | €373,822 | +€151,426 | +68.1% |
| Amounts payable within one year | 42/48 | €148,626 | €240,101 | +€91,475 | +61.5% |
| Current portion of amounts payable after more than one year | 42 | €54,293 | €123,729 | +€69,437 | +128% |
| Trade debts | 44 | €29,144 | €94,923 | +€65,779 | +226% |
| Suppliers | 440/4 | €29,144 | €94,923 | +€65,779 | +226% |
| Advances received on contracts in progress | 46 | €9,023 | - | -€9,023 | |
| Taxes, remuneration and social security | 45 | €55,455 | €21,416 | -€34,039 | -61.4% |
| Taxes | 450/3 | €5,996 | €398 | -€5,598 | -93.4% |
| Remuneration and social security | 454/9 | €49,459 | €21,018 | -€28,441 | -57.5% |
| Other amounts payable | 47/48 | €712 | €33 | -€679 | -95.4% |
| Accrued charges and deferred income | 492/3 | €198 | - | -€198 | |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €303,719 | €340,412 | +€36,692 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,464 | €109,270 | +€58,806 | +117% |
| Other operating charges | 640/8 | €13,404 | €42,028 | +€28,624 | +214% |
| Gross operating margin | 9900 | €441,252 | €545,756 | +€104,504 | +23.7% |
| Operating profit (loss) | 9901 | €73,665 | €54,046 | -€19,619 | -26.6% |
| Financial income | 75/76B | €56 | €112 | +€56 | +99.4% |
| Recurring financial income | 75 | €56 | €112 | +€56 | +99.4% |
| Financial charges | 65/66B | €6,742 | €43,986 | +€37,244 | +552% |
| Recurring financial charges | 65 | €6,742 | €43,986 | +€37,244 | +552% |
| Profit (loss) for the period before taxes | 9903 | €66,979 | €10,172 | -€56,807 | -84.8% |
| Income taxes | 67/77 | €19,266 | €5,562 | -€13,704 | -71.1% |
| Profit (loss) for the period | 9904 | €47,713 | €4,609 | -€43,104 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,713 | €4,609 | -€43,104 | -90.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.