Al-Tec: 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-Tec
Largest movements
- Stocks and contracts +€169,913
up €169,913 (+885.7%), from €19,184 to €189,097
of which Contracts in progress: +€167,899
- Cash -€124,763
down €124,763 (-44.7%), from €279,305 to €154,542
mainly Stocks and contracts (-€169,913) and Receivables within one year (-€10,811)
- Tangible fixed assets -€14,072
down €14,072 (-22.2%), from €63,522 to €49,450
of which Furniture and vehicles: -€16,880
- Receivables within one year +€10,811
up €10,811 (+8.4%), from €128,584 to €139,395
of which Other amounts receivable: +€36,030
- Trade debts +€32,395
up €32,395 (+466.4%), from €6,945 to €39,340
- Profit (loss) carried forward +€6,546
up €6,546 (+4.3%), from €151,789 to €158,335
- Gross operating margin +€28,784
up €28,784, from -€658 to €28,126
- Financial income +€2,192
up €2,192 (+143.5%), from €1,528 to €3,720
- Depreciation -€1,138
down €1,138 (-4.8%), from €23,780 to €22,642
- Financial charges +€621
up €621 (+55.2%), from €1,126 to €1,747
- Other operating charges +€357
up €357 (+64.3%), from €555 to €912
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.
Cash bridge derived
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 | €490,594 | €532,483 | +€41,889 | +8.5% |
| Fixed assets | 21/28 | €63,522 | €49,450 | -€14,072 | -22.2% |
| Tangible fixed assets | 22/27 | €63,522 | €49,450 | -€14,072 | -22.2% |
| Plant, machinery and equipment | 23 | €9,097 | €12,140 | +€3,043 | +33.5% |
| Furniture and vehicles | 24 | €54,190 | €37,310 | -€16,880 | -31.1% |
| Other tangible fixed assets | 26 | €235 | - | -€235 | |
| Current assets | 29/58 | €427,072 | €483,033 | +€55,961 | +13.1% |
| Stocks and contracts in progress | 3 | €19,184 | €189,097 | +€169,913 | +885.7% |
| Stocks | 30/36 | €19,184 | €21,197 | +€2,014 | +10.5% |
| Contracts in progress | 37 | - | €167,899 | +€167,899 | |
| Amounts receivable within one year | 40/41 | €128,584 | €139,395 | +€10,811 | +8.4% |
| Trade receivables | 40 | €91,876 | €66,657 | -€25,219 | -27.4% |
| Other amounts receivable | 41 | €36,708 | €72,738 | +€36,030 | +98.2% |
| Cash at bank and in hand | 54/58 | €279,305 | €154,542 | -€124,763 | -44.7% |
| Total equity and liabilities | 10/49 | €490,594 | €532,483 | +€41,889 | +8.5% |
| Equity | 10/15 | €347,124 | €353,669 | +€6,546 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,734 | €176,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €174,874 | €174,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,789 | €158,335 | +€6,546 | +4.3% |
| Amounts payable | 17/49 | €143,471 | €178,813 | +€35,343 | +24.6% |
| Amounts payable within one year | 42/48 | €141,471 | €176,813 | +€35,343 | +25.0% |
| Financial debts | 43 | €10,000 | €13,333 | +€3,333 | +33.3% |
| Credit institutions | 430/8 | €10,000 | €13,333 | +€3,333 | +33.3% |
| Trade debts | 44 | €6,945 | €39,340 | +€32,395 | +466.4% |
| Suppliers | 440/4 | €6,945 | €39,340 | +€32,395 | +466.4% |
| Other amounts payable | 47/48 | €124,526 | €124,140 | -€385 | -0.3% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,780 | €22,642 | -€1,138 | -4.8% |
| Other operating charges | 640/8 | €555 | €912 | +€357 | +64.3% |
| Gross operating margin | 9900 | -€658 | €28,126 | +€28,784 | |
| Operating profit (loss) | 9901 | -€24,993 | €4,573 | +€29,565 | |
| Financial income | 75/76B | €1,528 | €3,720 | +€2,192 | +143.5% |
| Recurring financial income | 75 | €1,528 | €3,720 | +€2,192 | +143.5% |
| Financial charges | 65/66B | €1,126 | €1,747 | +€621 | +55.2% |
| Recurring financial charges | 65 | €1,126 | €1,747 | +€621 | +55.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,591 | €6,546 | +€31,136 | |
| Profit (loss) for the period | 9904 | -€24,591 | €6,546 | +€31,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,591 | €6,546 | +€31,136 |
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 10 October 2026 via checked.be.