Al Inc.: 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 Inc.
Largest movements
- Cash +€21,000
up €21,000 (+253%), from €8,302 to €29,302
mainly Net result for the year (+€38,645) and Other debts (+€37,024)
- Receivables after one year -€12,279
down €12,279 (-39.9%), from €30,779 to €18,500
- Receivables within one year +€2,583
up €2,583 (+32.8%), from €7,864 to €10,446
- Other debts +€37,024
up €37,024 (+2,056%), from €1,801 to €38,825
- Reserves -€29,000
no longer reported in 2025 (was €29,000)
- Tax, wage and social debts +€12,246
up €12,246 (+287%), from €4,261 to €16,506
- Trade debts -€9,086
down €9,086 (-94.6%), from €9,602 to €516
- Gross operating margin +€45,147
up €45,147 (+827%), from €5,460 to €50,606
- Taxes +€7,127
up €7,127 (+124%), from €5,727 to €12,854
- Financial income +€655
up €655 (+50.5%), from €1,298 to €1,954
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 | €47,843 | €58,848 | +€11,004 | +23.0% |
| Fixed assets | 21/28 | €899 | €599 | -€300 | -33.4% |
| Intangible fixed assets | 21 | €300 | €200 | -€100 | -33.4% |
| Tangible fixed assets | 22/27 | €599 | €399 | -€200 | -33.4% |
| Furniture and vehicles | 24 | €599 | €399 | -€200 | -33.4% |
| Current assets | 29/58 | €46,944 | €58,248 | +€11,304 | +24.1% |
| Amounts receivable after more than one year | 29 | €30,779 | €18,500 | -€12,279 | -39.9% |
| Other amounts receivable | 291 | €30,779 | €18,500 | -€12,279 | -39.9% |
| Amounts receivable within one year | 40/41 | €7,864 | €10,446 | +€2,583 | +32.8% |
| Other amounts receivable | 41 | €7,864 | €10,446 | +€2,583 | +32.8% |
| Cash at bank and in hand | 54/58 | €8,302 | €29,302 | +€21,000 | +253% |
| Total equity and liabilities | 10/49 | €47,843 | €58,848 | +€11,004 | +23.0% |
| Equity | 10/15 | €32,180 | €3,000 | -€29,180 | -90.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €29,000 | - | -€29,000 | |
| Distributable reserves | 133 | €29,000 | - | -€29,000 | |
| Profit (loss) carried forward | 14 | €180 | - | -€180 | |
| Amounts payable | 17/49 | €15,664 | €55,848 | +€40,184 | +257% |
| Amounts payable within one year | 42/48 | €15,664 | €55,848 | +€40,184 | +257% |
| Trade debts | 44 | €9,602 | €516 | -€9,086 | -94.6% |
| Suppliers | 440/4 | €9,602 | €516 | -€9,086 | -94.6% |
| Taxes, remuneration and social security | 45 | €4,261 | €16,506 | +€12,246 | +287% |
| Taxes | 450/3 | €4,261 | €16,506 | +€12,246 | +287% |
| Other amounts payable | 47/48 | €1,801 | €38,825 | +€37,024 | +2,056% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,460 | €50,606 | +€45,147 | +827% |
| Operating profit (loss) | 9901 | €4,772 | €49,907 | +€45,134 | +946% |
| Financial income | 75/76B | €1,298 | €1,954 | +€655 | +50.5% |
| Recurring financial income | 75 | €1,298 | €1,954 | +€655 | +50.5% |
| Financial charges | 65/66B | €163 | €361 | +€198 | +122% |
| Recurring financial charges | 65 | €163 | €361 | +€198 | +122% |
| Profit (loss) for the period before taxes | 9903 | €5,907 | €51,499 | +€45,592 | +772% |
| Income taxes | 67/77 | €5,727 | €12,854 | +€7,127 | +124% |
| Profit (loss) for the period | 9904 | €180 | €38,645 | +€38,464 | +21,314% |
| Profit (loss) for the period to be appropriated | 9905 | €180 | €38,645 | +€38,464 | +21,314% |
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 13 October 2026 via checked.be.