AL V: 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 V
Largest movements
- Cash +€24,836
up €24,836 (+1,041%), from €2,386 to €27,222
mainly Net result for the year (+€38,943) and Tax, wage and social debts (+€1,380)
- Receivables within one year +€4,511
up €4,511 (+34.7%), from €13,005 to €17,516
- Reserves +€38,110
up €38,110 (+1,984%), from €1,921 to €40,031
- Other debts -€9,486
down €9,486 (-91.9%), from €10,319 to €833
- Tax, wage and social debts +€1,380
up €1,380 (+97.0%), from €1,423 to €2,803
of which Taxes: +€1,948
- Trade debts -€782
down €782 (-47.2%), from €1,658 to €876
- Gross operating margin +€46,605
up €46,605 (+1,928%), from €2,417 to €49,022
- Taxes +€9,448
up €9,448 (+1,904%), from €496 to €9,944
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 | €16,320 | €45,543 | +€29,223 | +179% |
| Current assets | 29/58 | €16,320 | €45,543 | +€29,223 | +179% |
| Amounts receivable within one year | 40/41 | €13,005 | €17,516 | +€4,511 | +34.7% |
| Trade receivables | 40 | €13,005 | €17,516 | +€4,511 | +34.7% |
| Cash at bank and in hand | 54/58 | €2,386 | €27,222 | +€24,836 | +1,041% |
| Deferred charges and accrued income | 490/1 | €929 | €805 | -€124 | -13.4% |
| Total equity and liabilities | 10/49 | €16,320 | €45,543 | +€29,223 | +179% |
| Equity | 10/15 | €2,921 | €41,031 | +€38,110 | +1,305% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,921 | €40,031 | +€38,110 | +1,984% |
| Distributable reserves | 133 | €1,921 | €40,031 | +€38,110 | +1,984% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,399 | €4,512 | -€8,888 | -66.3% |
| Amounts payable within one year | 42/48 | €13,399 | €4,512 | -€8,888 | -66.3% |
| Trade debts | 44 | €1,658 | €876 | -€782 | -47.2% |
| Suppliers | 440/4 | €1,658 | €876 | -€782 | -47.2% |
| Taxes, remuneration and social security | 45 | €1,423 | €2,803 | +€1,380 | +97.0% |
| Taxes | 450/3 | €496 | €2,444 | +€1,948 | +393% |
| Remuneration and social security | 454/9 | €926 | €359 | -€568 | -61.3% |
| Other amounts payable | 47/48 | €10,319 | €833 | -€9,486 | -91.9% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €2,417 | €49,022 | +€46,605 | +1,928% |
| Operating profit (loss) | 9901 | €2,417 | €48,902 | +€46,485 | +1,923% |
| Financial charges | 65/66B | - | €15 | +€15 | |
| Recurring financial charges | 65 | - | €15 | +€15 | |
| Profit (loss) for the period before taxes | 9903 | €2,417 | €48,887 | +€46,470 | +1,923% |
| Income taxes | 67/77 | €496 | €9,944 | +€9,448 | +1,904% |
| Profit (loss) for the period | 9904 | €1,921 | €38,943 | +€37,022 | +1,927% |
| Profit (loss) for the period to be appropriated | 9905 | €1,921 | €38,943 | +€37,022 | +1,927% |
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 15 October 2026 via checked.be.