AL GROUP: 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 GROUP
Largest movements
- Receivables within one year +€51,510
up €51,510 (+81.6%), from €63,094 to €114,603
- Tangible fixed assets +€31,327
up €31,327 (+135.8%), from €23,066 to €54,393
of which Furniture and vehicles: +€31,939
- Tax, wage and social debts +€64,876
up €64,876 (+215.3%), from €30,133 to €95,010
of which Remuneration and social security: +€36,506
- Debts after one year +€31,797
new in 2025: €31,797
- Trade debts -€14,587
no longer reported in 2025 (was €14,587)
- Other debts -€14,154
down €14,154 (-99.9%), from €14,174 to €20
- Current portion of long-term debt +€7,027
new in 2025: €7,027
- Staff costs +€98,254
up €98,254 (+111.6%), from €88,079 to €186,333
- Gross operating margin +€89,026
up €89,026 (+56.7%), from €157,072 to €246,098
- Financial charges -€6,767
down €6,767 (-77.2%), from €8,765 to €1,998
- Taxes -€3,045
down €3,045 (-41.4%), from €7,355 to €4,310
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 | €86,796 | €169,282 | +€82,486 | +95.0% |
| Fixed assets | 21/28 | €23,351 | €54,678 | +€31,327 | +134.2% |
| Tangible fixed assets | 22/27 | €23,066 | €54,393 | +€31,327 | +135.8% |
| Plant, machinery and equipment | 23 | €1,048 | €436 | -€612 | -58.4% |
| Furniture and vehicles | 24 | €22,018 | €53,957 | +€31,939 | +145.1% |
| Financial fixed assets | 28 | €285 | €285 | = | 0.0% |
| Current assets | 29/58 | €63,445 | €114,603 | +€51,158 | +80.6% |
| Amounts receivable within one year | 40/41 | €63,094 | €114,603 | +€51,510 | +81.6% |
| Trade receivables | 40 | €63,094 | €114,603 | +€51,510 | +81.6% |
| Cash at bank and in hand | 54/58 | €343 | - | -€343 | |
| Deferred charges and accrued income | 490/1 | €8 | - | -€8 | |
| Total equity and liabilities | 10/49 | €86,796 | €169,282 | +€82,486 | +95.0% |
| Equity | 10/15 | €18,704 | €24,063 | +€5,359 | +28.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,704 | €14,063 | +€5,359 | +61.6% |
| Amounts payable | 17/49 | €68,092 | €145,219 | +€77,127 | +113.3% |
| Amounts payable after more than one year | 17 | - | €31,797 | +€31,797 | |
| Financial debts | 170/4 | - | €31,797 | +€31,797 | |
| Amounts payable within one year | 42/48 | €68,092 | €111,408 | +€43,316 | +63.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,027 | +€7,027 | |
| Financial debts | 43 | €9,197 | €9,351 | +€154 | +1.7% |
| Credit institutions | 430/8 | €9,197 | €9,351 | +€154 | +1.7% |
| Trade debts | 44 | €14,587 | - | -€14,587 | |
| Suppliers | 440/4 | €14,587 | - | -€14,587 | |
| Taxes, remuneration and social security | 45 | €30,133 | €95,010 | +€64,876 | +215.3% |
| Taxes | 450/3 | €13,821 | €42,191 | +€28,371 | +205.3% |
| Remuneration and social security | 454/9 | €16,313 | €52,819 | +€36,506 | +223.8% |
| Other amounts payable | 47/48 | €14,174 | €20 | -€14,154 | -99.9% |
| Accrued charges and deferred income | 492/3 | - | €2,014 | +€2,014 | |
| Remuneration, social security and pensions | 62 | €88,079 | €186,333 | +€98,254 | +111.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,957 | €12,173 | +€2,216 | +22.3% |
| Other operating charges | 640/8 | €34,212 | €35,959 | +€1,747 | +5.1% |
| Gross operating margin | 9900 | €157,072 | €246,098 | +€89,026 | +56.7% |
| Operating profit (loss) | 9901 | €24,824 | €11,634 | -€13,190 | -53.1% |
| Financial income | 75/76B | €0 | €33 | +€33 | +54500.0% |
| Recurring financial income | 75 | €0 | €33 | +€33 | +54500.0% |
| Financial charges | 65/66B | €8,765 | €1,998 | -€6,767 | -77.2% |
| Recurring financial charges | 65 | €8,765 | €1,998 | -€6,767 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €16,059 | €9,668 | -€6,391 | -39.8% |
| Income taxes | 67/77 | €7,355 | €4,310 | -€3,045 | -41.4% |
| Profit (loss) for the period | 9904 | €8,704 | €5,359 | -€3,345 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,704 | €5,359 | -€3,345 | -38.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.