AL Trees Solutions: 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 Trees Solutions
Largest movements
- Tangible fixed assets +€230,262
up €230,262 (+31.9%), from €722,440 to €952,702
of which Plant, machinery and equipment: +€203,452
- Receivables within one year +€127,323
up €127,323 (+133.1%), from €95,659 to €222,982
of which Trade receivables: +€121,849
- Cash +€23,761
up €23,761 (+69.2%), from €34,332 to €58,093
mainly Depreciation (+€218,582) and Debts after one year (+€167,803)
- Debts after one year +€167,803
up €167,803 (+28.3%), from €592,630 to €760,433
- Current portion of long-term debt +€96,867
up €96,867 (+91.0%), from €106,482 to €203,349
- Other debts +€72,226
up €72,226 (+218.3%), from €33,087 to €105,313
- Reserves +€71,159
up €71,159 (+306.8%), from €23,192 to €94,351
- Trade debts +€50,633
up €50,633 (+706.5%), from €7,166 to €57,799
- Gross operating margin +€127,131
up €127,131 (+62.2%), from €204,292 to €331,423
- Depreciation +€111,282
up €111,282 (+103.7%), from €107,300 to €218,582
- Taxes +€9,964
new in 2025: €9,964
- Other operating charges +€3,584
up €3,584 (+78.2%), from €4,584 to €8,168
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 | €852,432 | €1,239,077 | +€386,645 | +45.4% |
| Fixed assets | 21/28 | €722,440 | €952,702 | +€230,262 | +31.9% |
| Tangible fixed assets | 22/27 | €722,440 | €952,702 | +€230,262 | +31.9% |
| Plant, machinery and equipment | 23 | €13,782 | €217,234 | +€203,452 | +1476.2% |
| Furniture and vehicles | 24 | €8,894 | €150,260 | +€141,366 | +1589.5% |
| Leasing and similar rights | 25 | €699,765 | €585,208 | -€114,557 | -16.4% |
| Current assets | 29/58 | €129,991 | €286,375 | +€156,384 | +120.3% |
| Amounts receivable within one year | 40/41 | €95,659 | €222,982 | +€127,323 | +133.1% |
| Trade receivables | 40 | €90,132 | €211,981 | +€121,849 | +135.2% |
| Other amounts receivable | 41 | €5,528 | €11,001 | +€5,474 | +99.0% |
| Cash at bank and in hand | 54/58 | €34,332 | €58,093 | +€23,761 | +69.2% |
| Deferred charges and accrued income | 490/1 | - | €5,300 | +€5,300 | |
| Total equity and liabilities | 10/49 | €852,432 | €1,239,077 | +€386,645 | +45.4% |
| Equity | 10/15 | €27,192 | €98,351 | +€71,159 | +261.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €23,192 | €94,351 | +€71,159 | +306.8% |
| Distributable reserves | 133 | €23,192 | €94,351 | +€71,159 | +306.8% |
| Amounts payable | 17/49 | €825,240 | €1,140,726 | +€315,486 | +38.2% |
| Amounts payable after more than one year | 17 | €592,630 | €760,433 | +€167,803 | +28.3% |
| Financial debts | 170/4 | €592,630 | €760,433 | +€167,803 | +28.3% |
| Amounts payable within one year | 42/48 | €191,992 | €379,225 | +€187,233 | +97.5% |
| Current portion of amounts payable after more than one year | 42 | €106,482 | €203,349 | +€96,867 | +91.0% |
| Trade debts | 44 | €7,166 | €57,799 | +€50,633 | +706.5% |
| Suppliers | 440/4 | €7,166 | €57,799 | +€50,633 | +706.5% |
| Taxes, remuneration and social security | 45 | €45,258 | €12,764 | -€32,494 | -71.8% |
| Taxes | 450/3 | €9,488 | €12,764 | +€3,276 | +34.5% |
| Remuneration and social security | 454/9 | €35,770 | €0 | -€35,770 | -100.0% |
| Other amounts payable | 47/48 | €33,087 | €105,313 | +€72,226 | +218.3% |
| Accrued charges and deferred income | 492/3 | €40,618 | €1,068 | -€39,550 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,300 | €218,582 | +€111,282 | +103.7% |
| Other operating charges | 640/8 | €4,584 | €8,168 | +€3,584 | +78.2% |
| Gross operating margin | 9900 | €204,292 | €331,423 | +€127,131 | +62.2% |
| Operating profit (loss) | 9901 | €92,407 | €104,673 | +€12,266 | +13.3% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €23,356 | €22,726 | -€630 | -2.7% |
| Recurring financial charges | 65 | €23,356 | €22,726 | -€630 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €69,051 | €81,956 | +€12,905 | +18.7% |
| Income taxes | 67/77 | - | €9,964 | +€9,964 | |
| Profit (loss) for the period | 9904 | €69,051 | €71,992 | +€2,941 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €69,051 | €71,992 | +€2,941 | +4.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.