AL2gether: what changed
Two fiscal 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.
AL2gether
Largest movements
- Current investments +€250,000
up €250,000 (+50.0%), from €500,000 to €750,000
- Cash +€178,047
up €178,047 (+63.4%), from €280,998 to €459,045
mainly Net result for the year (+€845,070) and Tax, wage and social debts (+€131,304)
- Reserves +€625,070
up €625,070 (+71.8%), from €870,025 to €1.5m
- Debts after one year -€414,579
down €414,579 (-11.5%), from €3.6m to €3.2m
- Tax, wage and social debts +€131,304
up €131,304 (+112.3%), from €116,917 to €248,222
- Financial income +€207,602
up €207,602 (+7111.0%), from €2,919 to €210,521
- Taxes +€48,555
up €48,555 (+25.2%), from €193,033 to €241,588
- Gross operating margin -€26,414
down €26,414 (-2.5%), from €1.1m to €1.0m
- Financial charges -€12,737
down €12,737 (-7.2%), from €175,882 to €163,145
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 | €5,662,643 | €6,061,290 | +€398,647 | +7.0% |
| Fixed assets | 21/28 | €4,670,000 | €4,670,000 | = | 0.0% |
| Financial fixed assets | 28 | €4,670,000 | €4,670,000 | = | 0.0% |
| Current assets | 29/58 | €992,643 | €1,391,290 | +€398,647 | +40.2% |
| Amounts receivable within one year | 40/41 | €208,725 | €181,500 | -€27,225 | -13.0% |
| Trade receivables | 40 | €208,725 | €181,500 | -€27,225 | -13.0% |
| Current investments | 50/53 | €500,000 | €750,000 | +€250,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €280,998 | €459,045 | +€178,047 | +63.4% |
| Deferred charges and accrued income | 490/1 | €2,919 | €745 | -€2,175 | -74.5% |
| Total equity and liabilities | 10/49 | €5,662,643 | €6,061,290 | +€398,647 | +7.0% |
| Equity | 10/15 | €1,170,026 | €1,795,096 | +€625,070 | +53.4% |
| Contributions | 10/11 | €300,001 | €300,001 | = | 0.0% |
| Reserves | 13 | €870,025 | €1,495,095 | +€625,070 | +71.8% |
| Distributable reserves | 133 | €870,025 | €1,495,095 | +€625,070 | +71.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,492,616 | €4,266,193 | -€226,423 | -5.0% |
| Amounts payable after more than one year | 17 | €3,608,705 | €3,194,125 | -€414,579 | -11.5% |
| Financial debts | 170/4 | €3,608,705 | €3,194,125 | -€414,579 | -11.5% |
| Amounts payable within one year | 42/48 | €785,797 | €978,204 | +€192,407 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €401,828 | €414,579 | +€12,752 | +3.2% |
| Trade debts | 44 | €167,052 | €195,403 | +€28,351 | +17.0% |
| Suppliers | 440/4 | €167,052 | €195,403 | +€28,351 | +17.0% |
| Taxes, remuneration and social security | 45 | €116,917 | €248,222 | +€131,304 | +112.3% |
| Taxes | 450/3 | €116,917 | €248,222 | +€131,304 | +112.3% |
| Other amounts payable | 47/48 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €98,115 | €93,864 | -€4,251 | -4.3% |
| Other operating charges | 640/8 | €1,062 | €1,518 | +€455 | +42.9% |
| Gross operating margin | 9900 | €1,067,213 | €1,040,799 | -€26,414 | -2.5% |
| Operating profit (loss) | 9901 | €1,066,150 | €1,039,282 | -€26,869 | -2.5% |
| Financial income | 75/76B | €2,919 | €210,521 | +€207,602 | +7111.0% |
| Recurring financial income | 75 | €2,919 | €210,521 | +€207,602 | +7111.0% |
| Financial charges | 65/66B | €175,882 | €163,145 | -€12,737 | -7.2% |
| Recurring financial charges | 65 | €175,882 | €163,145 | -€12,737 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €893,188 | €1,086,658 | +€193,470 | +21.7% |
| Income taxes | 67/77 | €193,033 | €241,588 | +€48,555 | +25.2% |
| Profit (loss) for the period | 9904 | €700,154 | €845,070 | +€144,915 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €700,154 | €845,070 | +€144,915 | +20.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.