AL2J: 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.
AL2J
Largest movements
- Cash +€52,766
up €52,766 (+20.6%), from €255,799 to €308,565
mainly Net result for the year (+€44,208) and Receivables within one year (+€10,498)
- Receivables within one year -€10,498
down €10,498 (-37.0%), from €28,367 to €17,869
of which Trade receivables: -€10,769
- Reserves +€44,000
up €44,000 (+27.0%), from €163,000 to €207,000
- Tax, wage and social debts -€3,294
down €3,294 (-33.6%), from €9,800 to €6,506
- Gross operating margin -€23,895
down €23,895 (-26.4%), from €90,527 to €66,632
- Financial income -€5,931
down €5,931 (-85.5%), from €6,934 to €1,003
- Taxes -€3,916
down €3,916 (-15.2%), from €25,723 to €21,807
- Financial charges -€1,899
down €1,899 (-94.1%), from €2,018 to €119
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 | €286,644 | €327,830 | +€41,186 | +14.4% |
| Fixed assets | 21/28 | €2,477 | €1,396 | -€1,082 | -43.7% |
| Tangible fixed assets | 22/27 | €2,477 | €1,396 | -€1,082 | -43.7% |
| Plant, machinery and equipment | 23 | €1,588 | €1,097 | -€491 | -30.9% |
| Furniture and vehicles | 24 | €890 | €299 | -€591 | -66.4% |
| Current assets | 29/58 | €284,167 | €326,434 | +€42,267 | +14.9% |
| Amounts receivable within one year | 40/41 | €28,367 | €17,869 | -€10,498 | -37.0% |
| Trade receivables | 40 | €26,607 | €15,837 | -€10,769 | -40.5% |
| Other amounts receivable | 41 | €1,761 | €2,032 | +€271 | +15.4% |
| Cash at bank and in hand | 54/58 | €255,799 | €308,565 | +€52,766 | +20.6% |
| Total equity and liabilities | 10/49 | €286,644 | €327,830 | +€41,186 | +14.4% |
| Equity | 10/15 | €275,169 | €319,376 | +€44,208 | +16.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €163,000 | €207,000 | +€44,000 | +27.0% |
| Distributable reserves | 133 | €163,000 | €207,000 | +€44,000 | +27.0% |
| Profit (loss) carried forward | 14 | €110,169 | €110,376 | +€208 | +0.2% |
| Amounts payable | 17/49 | €11,475 | €8,454 | -€3,022 | -26.3% |
| Amounts payable within one year | 42/48 | €11,475 | €8,454 | -€3,022 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €1,675 | €1,547 | -€128 | -7.6% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €9,800 | €6,506 | -€3,294 | -33.6% |
| Taxes | 450/3 | €9,800 | €6,506 | -€3,294 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,121 | €1,082 | -€39 | -3.5% |
| Other operating charges | 640/8 | €407 | €420 | +€12 | +3.0% |
| Gross operating margin | 9900 | €90,527 | €66,632 | -€23,895 | -26.4% |
| Operating profit (loss) | 9901 | €88,999 | €65,131 | -€23,869 | -26.8% |
| Financial income | 75/76B | €6,934 | €1,003 | -€5,931 | -85.5% |
| Recurring financial income | 75 | €6,934 | €1,003 | -€5,931 | -85.5% |
| Financial charges | 65/66B | €2,018 | €119 | -€1,899 | -94.1% |
| Recurring financial charges | 65 | €2,018 | €119 | -€1,899 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | €93,916 | €66,015 | -€27,901 | -29.7% |
| Income taxes | 67/77 | €25,723 | €21,807 | -€3,916 | -15.2% |
| Profit (loss) for the period | 9904 | €68,193 | €44,208 | -€23,985 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,193 | €44,208 | -€23,985 | -35.2% |
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 9 October 2026 via checked.be.