AELLE: what changed
Two fiscal 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.
AELLE
Largest movements
- Receivables within one year +€29,849
up €29,849 (+90.9%), from €32,831 to €62,680
of which Other amounts receivable: +€18,838
- Cash +€3,983
up €3,983 (+27.8%), from €14,311 to €18,294
mainly Net result for the year (+€13,521) and Trade debts (+€12,130)
- Tangible fixed assets -€1,718
down €1,718 (-33.4%), from €5,139 to €3,420
of which Furniture and vehicles: -€1,085
- Reserves +€13,521
up €13,521 (+35.0%), from €38,618 to €52,139
of which Distributable reserves: +€13,521
- Trade debts +€12,130
up €12,130 (+504.5%), from €2,404 to €14,534
- Tax, wage and social debts +€6,312
up €6,312 (+84.9%), from €7,435 to €13,747
- Gross operating margin +€5,141
up €5,141 (+24.7%), from €20,808 to €25,950
- Taxes +€3,647
up €3,647 (+77.1%), from €4,732 to €8,379
- Financial charges +€1,551
up €1,551 (+132.3%), from €1,173 to €2,724
- Depreciation -€628
down €628 (-26.8%), from €2,346 to €1,718
- Financial income +€527
up €527 (+92.5%), from €570 to €1,097
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.
Cash bridge derived
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 | €54,657 | €86,624 | +€31,967 | +58.5% |
| Fixed assets | 21/28 | €5,139 | €3,420 | -€1,718 | -33.4% |
| Tangible fixed assets | 22/27 | €5,139 | €3,420 | -€1,718 | -33.4% |
| Land and buildings | 22 | €3,369 | €3,011 | -€358 | -10.6% |
| Plant, machinery and equipment | 23 | €451 | €175 | -€276 | -61.1% |
| Furniture and vehicles | 24 | €1,318 | €234 | -€1,085 | -82.3% |
| Current assets | 29/58 | €49,519 | €83,204 | +€33,686 | +68.0% |
| Amounts receivable within one year | 40/41 | €32,831 | €62,680 | +€29,849 | +90.9% |
| Trade receivables | 40 | €8,450 | €19,460 | +€11,010 | +130.3% |
| Other amounts receivable | 41 | €24,381 | €43,219 | +€18,838 | +77.3% |
| Cash at bank and in hand | 54/58 | €14,311 | €18,294 | +€3,983 | +27.8% |
| Deferred charges and accrued income | 490/1 | €2,377 | €2,231 | -€146 | -6.2% |
| Total equity and liabilities | 10/49 | €54,657 | €86,624 | +€31,967 | +58.5% |
| Equity | 10/15 | €44,818 | €58,339 | +€13,521 | +30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,618 | €52,139 | +€13,521 | +35.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,670 | €5,670 | = | 0.0% |
| Distributable reserves | 133 | €32,948 | €46,469 | +€13,521 | +41.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,839 | €28,285 | +€18,446 | +187.5% |
| Amounts payable within one year | 42/48 | €9,839 | €28,285 | +€18,446 | +187.5% |
| Financial debts | 43 | €0 | €5 | +€5 | |
| Credit institutions | 430/8 | €0 | €5 | +€5 | |
| Trade debts | 44 | €2,404 | €14,534 | +€12,130 | +504.5% |
| Suppliers | 440/4 | €2,404 | €14,534 | +€12,130 | +504.5% |
| Taxes, remuneration and social security | 45 | €7,435 | €13,747 | +€6,312 | +84.9% |
| Taxes | 450/3 | €7,435 | €13,747 | +€6,312 | +84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,346 | €1,718 | -€628 | -26.8% |
| Other operating charges | 640/8 | €908 | €705 | -€204 | -22.4% |
| Gross operating margin | 9900 | €20,808 | €25,950 | +€5,141 | +24.7% |
| Operating profit (loss) | 9901 | €17,554 | €23,526 | +€5,972 | +34.0% |
| Financial income | 75/76B | €570 | €1,097 | +€527 | +92.5% |
| Recurring financial income | 75 | €570 | €1,097 | +€527 | +92.5% |
| Financial charges | 65/66B | €1,173 | €2,724 | +€1,551 | +132.3% |
| Recurring financial charges | 65 | €1,173 | €2,724 | +€1,551 | +132.3% |
| Profit (loss) for the period before taxes | 9903 | €16,951 | €21,900 | +€4,948 | +29.2% |
| Income taxes | 67/77 | €4,732 | €8,379 | +€3,647 | +77.1% |
| Profit (loss) for the period | 9904 | €12,219 | €13,521 | +€1,302 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,219 | €13,521 | +€1,302 | +10.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.