AL SPRL: 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 SPRL
Largest movements
- Receivables within one year -€266,387
down €266,387 (-51.6%), from €516,159 to €249,772
of which Trade receivables: -€271,162
- Cash +€57,284
up €57,284 (+81.5%), from €70,271 to €127,556
mainly Receivables within one year (+€266,387) and Net result for the year (+€58,816)
- Tangible fixed assets +€35,218
up €35,218 (+13.4%), from €263,599 to €298,817
of which Assets under construction and advance payments: +€39,977
- Financial fixed assets -€11,355
down €11,355 (-85.6%), from €13,260 to €1,905
- Advances received -€283,627
down €283,627 (-63.0%), from €450,175 to €166,548
- Profit (loss) carried forward +€58,816
up €58,816 (+34.0%), from €172,833 to €231,649
- Tax, wage and social debts +€35,319
up €35,319 (+49.8%), from €70,972 to €106,291
of which Taxes: +€23,218
- Trade debts +€24,705
new in 2023: €24,705
- Current portion of long-term debt -€16,525
down €16,525 (-91.6%), from €18,040 to €1,514
- Staff costs +€31,664
up €31,664 (+20.1%), from €157,418 to €189,082
- Gross operating margin +€24,149
up €24,149 (+8.4%), from €288,169 to €312,318
- Other operating charges +€14,111
up €14,111 (+1,011%), from €1,396 to €15,507
- Depreciation -€13,156
down €13,156 (-33.1%), from €39,701 to €26,546
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €867,893 | €678,478 | -€189,415 | -21.8% |
| Fixed assets | 21/28 | €276,859 | €300,722 | +€23,863 | +8.6% |
| Tangible fixed assets | 22/27 | €263,599 | €298,817 | +€35,218 | +13.4% |
| Land and buildings | 22 | €236,648 | €228,130 | -€8,517 | -3.6% |
| Plant, machinery and equipment | 23 | €750 | €1,510 | +€760 | +101% |
| Furniture and vehicles | 24 | €26,201 | €29,200 | +€2,999 | +11.4% |
| Assets under construction and advance payments | 27 | - | €39,977 | +€39,977 | |
| Financial fixed assets | 28 | €13,260 | €1,905 | -€11,355 | -85.6% |
| Current assets | 29/58 | €591,034 | €377,756 | -€213,278 | -36.1% |
| Amounts receivable within one year | 40/41 | €516,159 | €249,772 | -€266,387 | -51.6% |
| Trade receivables | 40 | €464,450 | €193,287 | -€271,162 | -58.4% |
| Other amounts receivable | 41 | €51,709 | €56,484 | +€4,775 | +9.2% |
| Cash at bank and in hand | 54/58 | €70,271 | €127,556 | +€57,284 | +81.5% |
| Deferred charges and accrued income | 490/1 | €4,604 | €429 | -€4,176 | -90.7% |
| Total equity and liabilities | 10/49 | €867,893 | €678,478 | -€189,415 | -21.8% |
| Equity | 10/15 | €180,893 | €239,709 | +€58,816 | +32.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,833 | €231,649 | +€58,816 | +34.0% |
| Amounts payable | 17/49 | €687,001 | €438,769 | -€248,231 | -36.1% |
| Amounts payable after more than one year | 17 | €131,357 | €131,357 | = | 0.0% |
| Financial debts | 170/4 | €131,357 | €131,357 | = | 0.0% |
| Amounts payable within one year | 42/48 | €555,643 | €305,739 | -€249,904 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €18,040 | €1,514 | -€16,525 | -91.6% |
| Trade debts | 44 | - | €24,705 | +€24,705 | |
| Suppliers | 440/4 | - | €24,705 | +€24,705 | |
| Advances received on contracts in progress | 46 | €450,175 | €166,548 | -€283,627 | -63.0% |
| Taxes, remuneration and social security | 45 | €70,972 | €106,291 | +€35,319 | +49.8% |
| Taxes | 450/3 | €41,668 | €64,886 | +€23,218 | +55.7% |
| Remuneration and social security | 454/9 | €29,304 | €41,405 | +€12,101 | +41.3% |
| Other amounts payable | 47/48 | €16,456 | €6,680 | -€9,776 | -59.4% |
| Accrued charges and deferred income | 492/3 | - | €1,673 | +€1,673 | |
| Remuneration, social security and pensions | 62 | €157,418 | €189,082 | +€31,664 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,701 | €26,546 | -€13,156 | -33.1% |
| Other operating charges | 640/8 | €1,396 | €15,507 | +€14,111 | +1,011% |
| Gross operating margin | 9900 | €288,169 | €312,318 | +€24,149 | +8.4% |
| Operating profit (loss) | 9901 | €89,654 | €81,183 | -€8,471 | -9.4% |
| Financial charges | 65/66B | €4,042 | €2,761 | -€1,280 | -31.7% |
| Recurring financial charges | 65 | €4,042 | €2,761 | -€1,280 | -31.7% |
| Profit (loss) for the period before taxes | 9903 | €85,612 | €78,422 | -€7,191 | -8.4% |
| Income taxes | 67/77 | €17,550 | €19,605 | +€2,055 | +11.7% |
| Profit (loss) for the period | 9904 | €68,062 | €58,816 | -€9,246 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,062 | €58,816 | -€9,246 | -13.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.