AL & PA: 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 & PA
Largest movements
- Receivables within one year +€13,991
up €13,991 (+18.4%), from €76,184 to €90,175
of which Trade receivables: +€16,500
- Cash -€2,928
down €2,928 (-100%), from €2,928 to €0
mainly Other debts (-€20,130) and Receivables within one year (-€13,991)
- Deferred charges and accrued income -€2,183
down €2,183 (-68.0%), from €3,211 to €1,028
- Trade debts +€20,875
up €20,875 (+377%), from €5,537 to €26,412
- Other debts -€20,130
down €20,130 (-84.5%), from €23,823 to €3,693
- Profit (loss) carried forward +€10,528
up €10,528 (+42.2%), from €24,924 to €35,452
- Tax, wage and social debts -€2,575
down €2,575 (-11.2%), from €23,039 to €20,465
of which Taxes: -€2,575
- Gross operating margin -€14,715
down €14,715 (-42.3%), from €34,751 to €20,036
- Taxes -€3,741
down €3,741 (-47.9%), from €7,802 to €4,061
- Financial charges +€2,033
up €2,033 (+422%), from €482 to €2,515
- Other operating charges +€1,389
up €1,389 (+89.9%), from €1,544 to €2,933
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 | €82,323 | €91,203 | +€8,880 | +10.8% |
| Current assets | 29/58 | €82,323 | €91,203 | +€8,880 | +10.8% |
| Amounts receivable within one year | 40/41 | €76,184 | €90,175 | +€13,991 | +18.4% |
| Trade receivables | 40 | €35,387 | €51,887 | +€16,500 | +46.6% |
| Other amounts receivable | 41 | €40,797 | €38,288 | -€2,509 | -6.1% |
| Cash at bank and in hand | 54/58 | €2,928 | €0 | -€2,928 | -100% |
| Deferred charges and accrued income | 490/1 | €3,211 | €1,028 | -€2,183 | -68.0% |
| Total equity and liabilities | 10/49 | €82,323 | €91,203 | +€8,880 | +10.8% |
| Equity | 10/15 | €29,924 | €40,452 | +€10,528 | +35.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,924 | €35,452 | +€10,528 | +42.2% |
| Amounts payable | 17/49 | €52,399 | €50,752 | -€1,648 | -3.1% |
| Amounts payable within one year | 42/48 | €52,399 | €50,752 | -€1,648 | -3.1% |
| Financial debts | 43 | - | €182 | +€182 | |
| Credit institutions | 430/8 | - | €182 | +€182 | |
| Trade debts | 44 | €5,537 | €26,412 | +€20,875 | +377% |
| Suppliers | 440/4 | €5,537 | €26,412 | +€20,875 | +377% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,039 | €20,465 | -€2,575 | -11.2% |
| Taxes | 450/3 | €17,539 | €14,965 | -€2,575 | -14.7% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €23,823 | €3,693 | -€20,130 | -84.5% |
| Other operating charges | 640/8 | €1,544 | €2,933 | +€1,389 | +89.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €34,751 | €20,036 | -€14,715 | -42.3% |
| Operating profit (loss) | 9901 | €33,207 | €17,104 | -€16,103 | -48.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €482 | €2,515 | +€2,033 | +422% |
| Recurring financial charges | 65 | €482 | €2,515 | +€2,033 | +422% |
| Profit (loss) for the period before taxes | 9903 | €32,725 | €14,589 | -€18,136 | -55.4% |
| Income taxes | 67/77 | €7,802 | €4,061 | -€3,741 | -47.9% |
| Profit (loss) for the period | 9904 | €24,924 | €10,528 | -€14,395 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,924 | €10,528 | -€14,395 | -57.8% |
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 24 October 2026 via checked.be.