AL-DEM: 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.
AL-DEM
Largest movements
- Stocks and contracts +€22,554
up €22,554 (+28.8%), from €78,296 to €100,850
- Cash +€19,608
up €19,608 (+334.3%), from €5,866 to €25,474
mainly Tax, wage and social debts (+€36,229) and Net result for the year (+€27,104)
- Receivables within one year +€19,241
up €19,241 (+727.5%), from €2,645 to €21,885
- Tangible fixed assets +€3,302
up €3,302 (+2.4%), from €136,153 to €139,456
of which Plant, machinery and equipment: +€3,302
- Tax, wage and social debts +€36,229
up €36,229 (+122.3%), from €29,616 to €65,845
of which Remuneration and social security: +€25,007
- Profit (loss) carried forward +€27,104
up €27,104 (+51.4%), from €52,713 to €79,817
- Contributions +€10,200
up €10,200 (+106.3%), from €9,600 to €19,800
- Trade debts -€6,370
down €6,370 (-9.2%), from €69,355 to €62,985
- Advances received -€3,200
no longer reported in 2024 (was €3,200)
- Gross operating margin +€83,432
up €83,432 (+71.8%), from €116,177 to €199,609
- Staff costs +€70,545
up €70,545 (+68.0%), from €103,736 to €174,281
- Taxes -€8,896
down €8,896, from €103 to -€8,792
- Financial charges +€2,851
up €2,851 (+154.4%), from €1,847 to €4,697
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.
Cash bridge derived
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 | €229,633 | €294,332 | +€64,699 | +28.2% |
| Fixed assets | 21/28 | €140,403 | €143,706 | +€3,302 | +2.4% |
| Tangible fixed assets | 22/27 | €136,153 | €139,456 | +€3,302 | +2.4% |
| Plant, machinery and equipment | 23 | €133,627 | €136,930 | +€3,302 | +2.5% |
| Furniture and vehicles | 24 | €2,526 | €2,526 | = | 0.0% |
| Financial fixed assets | 28 | €4,250 | €4,250 | = | 0.0% |
| Current assets | 29/58 | €89,230 | €150,627 | +€61,397 | +68.8% |
| Stocks and contracts in progress | 3 | €78,296 | €100,850 | +€22,554 | +28.8% |
| Stocks | 30/36 | €78,296 | €100,850 | +€22,554 | +28.8% |
| Amounts receivable within one year | 40/41 | €2,645 | €21,885 | +€19,241 | +727.5% |
| Other amounts receivable | 41 | €2,645 | €21,885 | +€19,241 | +727.5% |
| Cash at bank and in hand | 54/58 | €5,866 | €25,474 | +€19,608 | +334.3% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,417 | -€6 | -0.2% |
| Total equity and liabilities | 10/49 | €229,633 | €294,332 | +€64,699 | +28.2% |
| Equity | 10/15 | €62,313 | €99,617 | +€37,304 | +59.9% |
| Contributions | 10/11 | €9,600 | €19,800 | +€10,200 | +106.3% |
| Profit (loss) carried forward | 14 | €52,713 | €79,817 | +€27,104 | +51.4% |
| Amounts payable | 17/49 | €167,320 | €194,715 | +€27,395 | +16.4% |
| Amounts payable within one year | 42/48 | €167,320 | €194,715 | +€27,395 | +16.4% |
| Trade debts | 44 | €69,355 | €62,985 | -€6,370 | -9.2% |
| Suppliers | 440/4 | €69,355 | €62,985 | -€6,370 | -9.2% |
| Advances received on contracts in progress | 46 | €3,200 | - | -€3,200 | |
| Taxes, remuneration and social security | 45 | €29,616 | €65,845 | +€36,229 | +122.3% |
| Taxes | 450/3 | €16,134 | €27,357 | +€11,223 | +69.6% |
| Remuneration and social security | 454/9 | €13,482 | €38,489 | +€25,007 | +185.5% |
| Other amounts payable | 47/48 | €65,150 | €65,884 | +€735 | +1.1% |
| Remuneration, social security and pensions | 62 | €103,736 | €174,281 | +€70,545 | +68.0% |
| Other operating charges | 640/8 | €564 | €2,531 | +€1,967 | +348.6% |
| Gross operating margin | 9900 | €116,177 | €199,609 | +€83,432 | +71.8% |
| Operating profit (loss) | 9901 | €11,877 | €22,796 | +€10,919 | +91.9% |
| Financial income | 75/76B | €200 | €213 | +€13 | +6.3% |
| Recurring financial income | 75 | €200 | €213 | +€13 | +6.3% |
| Financial charges | 65/66B | €1,847 | €4,697 | +€2,851 | +154.4% |
| Recurring financial charges | 65 | €1,847 | €4,697 | +€2,851 | +154.4% |
| Profit (loss) for the period before taxes | 9903 | €10,231 | €18,312 | +€8,081 | +79.0% |
| Income taxes | 67/77 | €103 | -€8,792 | -€8,896 | |
| Profit (loss) for the period | 9904 | €10,128 | €27,104 | +€16,977 | +167.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,128 | €27,104 | +€16,977 | +167.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.