AL BA: 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.
AL BA
Largest movements
- Tangible fixed assets -€15,037
down €15,037 (-81.4%), from €18,472 to €3,435
of which Plant, machinery and equipment: -€7,813
- Intangible fixed assets +€5,115
new in 2025: €5,115
- Receivables within one year +€1,548
up €1,548 (+30.7%), from €5,052 to €6,600
- Deferred charges and accrued income -€302
down €302 (-9.1%), from €3,311 to €3,009
- Debts after one year -€4,655
down €4,655 (-100%), from €4,655 to €0
- Other debts -€4,478
down €4,478 (-12.1%), from €36,979 to €32,501
- Tax, wage and social debts +€2,379
up €2,379 (+95.6%), from €2,488 to €4,867
of which Taxes: +€2,526
- Current portion of long-term debt -€1,908
down €1,908 (-29.1%), from €6,563 to €4,655
- Trade debts -€582
down €582 (-68.6%), from €848 to €266
- Gross operating margin +€41,359
up €41,359, from -€29,372 to €11,986
- Other operating charges -€385
down €385 (-18.8%), from €2,044 to €1,659
- Financial income +€355
up €355 (+266%), from €133 to €489
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 | €27,019 | €18,424 | -€8,595 | -31.8% |
| Fixed assets | 21/28 | €18,472 | €8,550 | -€9,921 | -53.7% |
| Intangible fixed assets | 21 | - | €5,115 | +€5,115 | |
| Tangible fixed assets | 22/27 | €18,472 | €3,435 | -€15,037 | -81.4% |
| Plant, machinery and equipment | 23 | €7,813 | - | -€7,813 | |
| Furniture and vehicles | 24 | €608 | €84 | -€524 | -86.1% |
| Leasing and similar rights | 25 | €10,051 | €3,350 | -€6,701 | -66.7% |
| Current assets | 29/58 | €8,547 | €9,874 | +€1,326 | +15.5% |
| Amounts receivable within one year | 40/41 | €5,052 | €6,600 | +€1,548 | +30.7% |
| Trade receivables | 40 | €5,052 | €6,600 | +€1,548 | +30.7% |
| Cash at bank and in hand | 54/58 | €185 | €265 | +€80 | +43.3% |
| Deferred charges and accrued income | 490/1 | €3,311 | €3,009 | -€302 | -9.1% |
| Total equity and liabilities | 10/49 | €27,019 | €18,424 | -€8,595 | -31.8% |
| Equity | 10/15 | -€24,515 | -€24,306 | +€209 | +0.9% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €47,346 | €47,346 | = | 0.0% |
| Distributable reserves | 133 | €47,346 | €47,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,861 | -€126,652 | +€209 | +0.2% |
| Amounts payable | 17/49 | €51,534 | €42,730 | -€8,804 | -17.1% |
| Amounts payable after more than one year | 17 | €4,655 | €0 | -€4,655 | -100% |
| Financial debts | 170/4 | €4,655 | €0 | -€4,655 | -100% |
| Amounts payable within one year | 42/48 | €46,879 | €42,290 | -€4,589 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €6,563 | €4,655 | -€1,908 | -29.1% |
| Trade debts | 44 | €848 | €266 | -€582 | -68.6% |
| Suppliers | 440/4 | €848 | €266 | -€582 | -68.6% |
| Taxes, remuneration and social security | 45 | €2,488 | €4,867 | +€2,379 | +95.6% |
| Taxes | 450/3 | €2,341 | €4,867 | +€2,526 | +108% |
| Remuneration and social security | 454/9 | €147 | €0 | -€147 | -100% |
| Other amounts payable | 47/48 | €36,979 | €32,501 | -€4,478 | -12.1% |
| Accrued charges and deferred income | 492/3 | - | €440 | +€440 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,938 | €9,921 | -€16 | -0.2% |
| Other operating charges | 640/8 | €2,044 | €1,659 | -€385 | -18.8% |
| Gross operating margin | 9900 | -€29,372 | €11,986 | +€41,359 | |
| Operating profit (loss) | 9901 | -€41,354 | €406 | +€41,760 | |
| Financial income | 75/76B | €133 | €489 | +€355 | +266% |
| Recurring financial income | 75 | €133 | €489 | +€355 | +266% |
| Financial charges | 65/66B | €336 | €272 | -€64 | -19.1% |
| Recurring financial charges | 65 | €336 | €272 | -€64 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€41,557 | €623 | +€42,180 | |
| Income taxes | 67/77 | €419 | €414 | -€5 | -1.1% |
| Profit (loss) for the period | 9904 | -€41,975 | €209 | +€42,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,975 | €209 | +€42,185 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.