Al Tas: 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 Tas
Largest movements
- Receivables within one year -€19,571
down €19,571 (-50.5%), from €38,766 to €19,195
of which Trade receivables: -€17,702
- Tangible fixed assets -€16,850
down €16,850 (-27.3%), from €61,798 to €44,948
- Cash -€13,275
down €13,275 (-60.9%), from €21,808 to €8,534
mainly Other debts (-€84,114) and Deferred charges and accrued income (-€2,409)
- Deferred charges and accrued income +€2,409
up €2,409 (+257%), from €937 to €3,346
- Stocks and contracts -€1,800
down €1,800 (-9.0%), from €20,016 to €18,216
- Other debts -€84,114
down €84,114 (-54.6%), from €153,964 to €69,850
- Profit (loss) carried forward +€21,397
up €21,397 (+26.6%), from -€80,454 to -€59,057
- Tax, wage and social debts +€13,784
up €13,784 (+672%), from €2,052 to €15,836
of which Taxes: +€12,239
- Gross operating margin +€72,181
up €72,181 (+4,983%), from €1,449 to €73,629
- Taxes +€6,640
up €6,640 (+1,845%), from €360 to €7,000
- Other operating charges +€4,685
up €4,685 (+140%), from €3,338 to €8,024
- Depreciation -€3,485
down €3,485 (-17.2%), from €20,274 to €16,789
- Staff costs +€760
up €760 (+4.3%), from €17,603 to €18,362
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 | €152,475 | €103,389 | -€49,087 | -32.2% |
| Fixed assets | 21/28 | €70,948 | €54,098 | -€16,850 | -23.8% |
| Tangible fixed assets | 22/27 | €61,798 | €44,948 | -€16,850 | -27.3% |
| Plant, machinery and equipment | 23 | €18,120 | €12,220 | -€5,900 | -32.6% |
| Furniture and vehicles | 24 | €10,704 | €5,553 | -€5,151 | -48.1% |
| Other tangible fixed assets | 26 | €32,974 | €27,174 | -€5,800 | -17.6% |
| Financial fixed assets | 28 | €9,150 | €9,150 | = | 0.0% |
| Current assets | 29/58 | €81,527 | €49,291 | -€32,236 | -39.5% |
| Stocks and contracts in progress | 3 | €20,016 | €18,216 | -€1,800 | -9.0% |
| Stocks | 30/36 | €20,016 | €18,216 | -€1,800 | -9.0% |
| Amounts receivable within one year | 40/41 | €38,766 | €19,195 | -€19,571 | -50.5% |
| Trade receivables | 40 | €32,124 | €14,423 | -€17,702 | -55.1% |
| Other amounts receivable | 41 | €6,642 | €4,773 | -€1,869 | -28.1% |
| Cash at bank and in hand | 54/58 | €21,808 | €8,534 | -€13,275 | -60.9% |
| Deferred charges and accrued income | 490/1 | €937 | €3,346 | +€2,409 | +257% |
| Total equity and liabilities | 10/49 | €152,475 | €103,389 | -€49,087 | -32.2% |
| Equity | 10/15 | -€35,160 | -€13,763 | +€21,397 | +60.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,694 | €26,694 | = | 0.0% |
| Non-distributable reserves | 130/1 | €866 | €866 | = | 0.0% |
| Reserves not available under the articles | 1311 | €866 | €866 | = | 0.0% |
| Distributable reserves | 133 | €25,829 | €25,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,454 | -€59,057 | +€21,397 | +26.6% |
| Amounts payable | 17/49 | €187,635 | €117,151 | -€70,483 | -37.6% |
| Amounts payable within one year | 42/48 | €187,635 | €117,151 | -€70,483 | -37.6% |
| Financial debts | 43 | - | €833 | +€833 | |
| Credit institutions | 430/8 | - | €833 | +€833 | |
| Trade debts | 44 | €31,620 | €30,633 | -€987 | -3.1% |
| Suppliers | 440/4 | €31,620 | €30,633 | -€987 | -3.1% |
| Taxes, remuneration and social security | 45 | €2,052 | €15,836 | +€13,784 | +672% |
| Taxes | 450/3 | €2,052 | €14,291 | +€12,239 | +597% |
| Remuneration and social security | 454/9 | - | €1,545 | +€1,545 | |
| Other amounts payable | 47/48 | €153,964 | €69,850 | -€84,114 | -54.6% |
| Remuneration, social security and pensions | 62 | €17,603 | €18,362 | +€760 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,274 | €16,789 | -€3,485 | -17.2% |
| Other operating charges | 640/8 | €3,338 | €8,024 | +€4,685 | +140% |
| Gross operating margin | 9900 | €1,449 | €73,629 | +€72,181 | +4,983% |
| Operating profit (loss) | 9901 | -€39,766 | €30,455 | +€70,221 | |
| Financial income | 75/76B | €356 | €0 | -€356 | -99.9% |
| Recurring financial income | 75 | €356 | €0 | -€356 | -99.9% |
| Financial charges | 65/66B | €1,374 | €2,058 | +€685 | +49.8% |
| Recurring financial charges | 65 | €1,374 | €2,058 | +€685 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,784 | €28,397 | +€69,180 | |
| Income taxes | 67/77 | €360 | €7,000 | +€6,640 | +1,845% |
| Profit (loss) for the period | 9904 | -€41,143 | €21,397 | +€62,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,143 | €21,397 | +€62,540 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.