ÅL: 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.
ÅL
Largest movements
- Intangible fixed assets +€7,776
up €7,776 (+1258.0%), from €618 to €8,394
- Deferred charges and accrued income -€2,865
down €2,865 (-87.0%), from €3,292 to €427
- Cash +€613
up €613 (+76.5%), from €801 to €1,414
mainly Other debts (+€8,328) and Accrued charges and deferred income (+€4,183)
- Other debts +€8,328
up €8,328 (+132.7%), from €6,276 to €14,604
- Tax, wage and social debts -€4,540
down €4,540 (-42.9%), from €10,575 to €6,035
of which Remuneration and social security: -€5,267
- Accrued charges and deferred income +€4,183
new in 2025: €4,183
- Trade debts -€3,296
down €3,296 (-49.1%), from €6,709 to €3,414
- Profit (loss) carried forward +€848
up €848 (+23.3%), from €3,631 to €4,478
- Gross operating margin -€20,078
down €20,078 (-42.5%), from €47,232 to €27,154
- Staff costs -€19,282
down €19,282 (-46.0%), from €41,950 to €22,667
- Depreciation +€824
up €824 (+274.8%), from €300 to €1,124
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 | €33,391 | €38,914 | +€5,523 | +16.5% |
| Fixed assets | 21/28 | €847 | €8,622 | +€7,776 | +918.4% |
| Intangible fixed assets | 21 | €618 | €8,394 | +€7,776 | +1258.0% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €32,544 | €30,292 | -€2,253 | -6.9% |
| Stocks and contracts in progress | 3 | €25,301 | €25,301 | = | 0.0% |
| Stocks | 30/36 | €25,301 | €25,301 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,150 | €3,150 | = | 0.0% |
| Trade receivables | 40 | €3,150 | €3,150 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €801 | €1,414 | +€613 | +76.5% |
| Deferred charges and accrued income | 490/1 | €3,292 | €427 | -€2,865 | -87.0% |
| Total equity and liabilities | 10/49 | €33,391 | €38,914 | +€5,523 | +16.5% |
| Equity | 10/15 | €9,831 | €10,678 | +€848 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,631 | €4,478 | +€848 | +23.3% |
| Amounts payable | 17/49 | €23,560 | €28,235 | +€4,675 | +19.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Trade debts | 175 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,560 | €24,052 | +€492 | +2.1% |
| Trade debts | 44 | €6,709 | €3,414 | -€3,296 | -49.1% |
| Suppliers | 440/4 | €6,709 | €3,414 | -€3,296 | -49.1% |
| Taxes, remuneration and social security | 45 | €10,575 | €6,035 | -€4,540 | -42.9% |
| Taxes | 450/3 | €5,308 | €6,035 | +€727 | +13.7% |
| Remuneration and social security | 454/9 | €5,267 | €0 | -€5,267 | -100.0% |
| Other amounts payable | 47/48 | €6,276 | €14,604 | +€8,328 | +132.7% |
| Accrued charges and deferred income | 492/3 | - | €4,183 | +€4,183 | |
| Remuneration, social security and pensions | 62 | €41,950 | €22,667 | -€19,282 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €1,124 | +€824 | +274.8% |
| Other operating charges | 640/8 | €1,050 | €1,050 | = | 0.0% |
| Gross operating margin | 9900 | €47,232 | €27,154 | -€20,078 | -42.5% |
| Operating profit (loss) | 9901 | €3,933 | €2,313 | -€1,620 | -41.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100.0% |
| Financial charges | 65/66B | €440 | €744 | +€304 | +69.0% |
| Recurring financial charges | 65 | €440 | €744 | +€304 | +69.0% |
| Profit (loss) for the period before taxes | 9903 | €3,494 | €1,569 | -€1,926 | -55.1% |
| Income taxes | 67/77 | €1,101 | €721 | -€379 | -34.5% |
| Profit (loss) for the period | 9904 | €2,394 | €848 | -€1,546 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,394 | €848 | -€1,546 | -64.6% |
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 12 October 2026 via checked.be.