AL STYL: 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 STYL
Largest movements
- Receivables within one year +€14,234
up €14,234 (+151%), from €9,402 to €23,636
of which Trade receivables: +€15,245
- Cash -€11,825
down €11,825 (-57.1%), from €20,718 to €8,894
mainly Receivables within one year (-€14,234) and Debts after one year (-€8,889)
- Tangible fixed assets -€6,247
down €6,247 (-4.4%), from €141,071 to €134,824
of which Land and buildings: -€4,080
- Debts after one year -€8,889
down €8,889 (-7.7%), from €115,422 to €106,532
- Reserves +€5,817
up €5,817 (+102%), from €5,694 to €11,511
- Other debts +€3,967
up €3,967 (+139%), from €2,860 to €6,827
- Tax, wage and social debts -€3,892
down €3,892 (-18.0%), from €21,602 to €17,710
of which Remuneration and social security: -€2,307
- Staff costs -€23,974
down €23,974 (-19.4%), from €123,567 to €99,592
- Gross operating margin -€8,124
down €8,124 (-6.5%), from €125,501 to €117,377
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 | €171,244 | €167,962 | -€3,282 | -1.9% |
| Fixed assets | 21/28 | €141,071 | €134,824 | -€6,247 | -4.4% |
| Tangible fixed assets | 22/27 | €141,071 | €134,824 | -€6,247 | -4.4% |
| Land and buildings | 22 | €135,660 | €131,580 | -€4,080 | -3.0% |
| Plant, machinery and equipment | 23 | €3,752 | €2,225 | -€1,528 | -40.7% |
| Furniture and vehicles | 24 | €1,658 | €1,019 | -€639 | -38.5% |
| Current assets | 29/58 | €30,173 | €33,139 | +€2,965 | +9.8% |
| Amounts receivable within one year | 40/41 | €9,402 | €23,636 | +€14,234 | +151% |
| Trade receivables | 40 | €5,402 | €20,647 | +€15,245 | +282% |
| Other amounts receivable | 41 | €4,000 | €2,989 | -€1,011 | -25.3% |
| Cash at bank and in hand | 54/58 | €20,718 | €8,894 | -€11,825 | -57.1% |
| Deferred charges and accrued income | 490/1 | €53 | €609 | +€556 | +1,058% |
| Total equity and liabilities | 10/49 | €171,244 | €167,962 | -€3,282 | -1.9% |
| Equity | 10/15 | €18,094 | €23,911 | +€5,817 | +32.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,694 | €11,511 | +€5,817 | +102% |
| Distributable reserves | 133 | €5,694 | €11,511 | +€5,817 | +102% |
| Amounts payable | 17/49 | €153,150 | €144,051 | -€9,099 | -5.9% |
| Amounts payable after more than one year | 17 | €115,422 | €106,532 | -€8,889 | -7.7% |
| Financial debts | 170/4 | €115,422 | €106,532 | -€8,889 | -7.7% |
| Amounts payable within one year | 42/48 | €36,896 | €37,485 | +€589 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €9,028 | €9,230 | +€202 | +2.2% |
| Trade debts | 44 | €3,406 | €3,718 | +€312 | +9.2% |
| Suppliers | 440/4 | €3,406 | €3,718 | +€312 | +9.2% |
| Taxes, remuneration and social security | 45 | €21,602 | €17,710 | -€3,892 | -18.0% |
| Taxes | 450/3 | €11,759 | €10,173 | -€1,586 | -13.5% |
| Remuneration and social security | 454/9 | €9,843 | €7,537 | -€2,307 | -23.4% |
| Other amounts payable | 47/48 | €2,860 | €6,827 | +€3,967 | +139% |
| Accrued charges and deferred income | 492/3 | €833 | €35 | -€798 | -95.8% |
| Remuneration, social security and pensions | 62 | €123,567 | €99,592 | -€23,974 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,222 | €6,247 | +€25 | +0.4% |
| Other operating charges | 640/8 | €1,446 | €1,519 | +€73 | +5.1% |
| Gross operating margin | 9900 | €125,501 | €117,377 | -€8,124 | -6.5% |
| Operating profit (loss) | 9901 | -€5,733 | €10,018 | +€15,751 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €4,056 | €3,194 | -€863 | -21.3% |
| Recurring financial charges | 65 | €4,056 | €3,194 | -€863 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,789 | €6,828 | +€16,617 | |
| Income taxes | 67/77 | - | €1,011 | +€1,011 | |
| Profit (loss) for the period | 9904 | -€9,789 | €5,817 | +€15,606 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,789 | €5,817 | +€15,606 |
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 17 October 2026 via checked.be.