ALA: 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.
ALA
Largest movements
- Receivables within one year +€45,493
up €45,493 (+63.1%), from €72,140 to €117,634
of which Trade receivables: +€29,936
- Stocks and contracts -€30,952
down €30,952 (-55.8%), from €55,446 to €24,494
- Tangible fixed assets +€22,948
up €22,948 (+1407.5%), from €1,630 to €24,579
- Financial fixed assets +€6,000
up €6,000 (+107.1%), from €5,600 to €11,600
- Reserves +€85,833
new in 2025: €85,833
- Profit (loss) carried forward -€47,364
down €47,364 (-100.0%), from €47,364 to €0
- Other debts +€15,000
new in 2025: €15,000
- Trade debts -€13,219
down €13,219 (-38.4%), from €34,449 to €21,230
- Tax, wage and social debts +€2,846
up €2,846 (+5.2%), from €54,292 to €57,138
of which Taxes: +€21,151
- Gross operating margin +€75,470
up €75,470 (+43.4%), from €173,951 to €249,421
- Staff costs +€62,970
up €62,970 (+57.1%), from €110,368 to €173,338
- Other operating charges +€12,184
up €12,184 (+463.7%), from €2,627 to €14,811
- Depreciation +€6,698
up €6,698, from €0 to €6,698
- Taxes -€2,733
down €2,733 (-16.4%), from €16,638 to €13,905
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 | €156,105 | €199,202 | +€43,097 | +27.6% |
| Fixed assets | 21/28 | €7,230 | €36,179 | +€28,948 | +400.4% |
| Tangible fixed assets | 22/27 | €1,630 | €24,579 | +€22,948 | +1407.5% |
| Land and buildings | 22 | - | €3,838 | +€3,838 | |
| Plant, machinery and equipment | 23 | €908 | €11,285 | +€10,376 | +1142.7% |
| Furniture and vehicles | 24 | - | €8,834 | +€8,834 | |
| Other tangible fixed assets | 26 | €722 | €622 | -€101 | -13.9% |
| Financial fixed assets | 28 | €5,600 | €11,600 | +€6,000 | +107.1% |
| Current assets | 29/58 | €148,875 | €163,024 | +€14,149 | +9.5% |
| Stocks and contracts in progress | 3 | €55,446 | €24,494 | -€30,952 | -55.8% |
| Stocks | 30/36 | €55,446 | €24,494 | -€30,952 | -55.8% |
| Amounts receivable within one year | 40/41 | €72,140 | €117,634 | +€45,493 | +63.1% |
| Trade receivables | 40 | €54,251 | €84,187 | +€29,936 | +55.2% |
| Other amounts receivable | 41 | €17,890 | €33,447 | +€15,558 | +87.0% |
| Cash at bank and in hand | 54/58 | €21,288 | €20,692 | -€596 | -2.8% |
| Deferred charges and accrued income | 490/1 | €0 | €203 | +€203 | |
| Total equity and liabilities | 10/49 | €156,105 | €199,202 | +€43,097 | +27.6% |
| Equity | 10/15 | €67,364 | €105,833 | +€38,470 | +57.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €85,833 | +€85,833 | |
| Distributable reserves | 133 | - | €85,833 | +€85,833 | |
| Profit (loss) carried forward | 14 | €47,364 | €0 | -€47,364 | -100.0% |
| Amounts payable | 17/49 | €88,741 | €93,369 | +€4,628 | +5.2% |
| Amounts payable within one year | 42/48 | €88,741 | €93,369 | +€4,628 | +5.2% |
| Trade debts | 44 | €34,449 | €21,230 | -€13,219 | -38.4% |
| Suppliers | 440/4 | €34,449 | €21,230 | -€13,219 | -38.4% |
| Taxes, remuneration and social security | 45 | €54,292 | €57,138 | +€2,846 | +5.2% |
| Taxes | 450/3 | €32,167 | €53,317 | +€21,151 | +65.8% |
| Remuneration and social security | 454/9 | €22,125 | €3,821 | -€18,304 | -82.7% |
| Other amounts payable | 47/48 | - | €15,000 | +€15,000 | |
| Remuneration, social security and pensions | 62 | €110,368 | €173,338 | +€62,970 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €6,698 | +€6,698 | |
| Other operating charges | 640/8 | €2,627 | €14,811 | +€12,184 | +463.7% |
| Gross operating margin | 9900 | €173,951 | €249,421 | +€75,470 | +43.4% |
| Operating profit (loss) | 9901 | €60,956 | €54,574 | -€6,382 | -10.5% |
| Financial income | 75/76B | €1,422 | €1,428 | +€6 | +0.4% |
| Recurring financial income | 75 | €1,422 | €1,428 | +€6 | +0.4% |
| Financial charges | 65/66B | €1,320 | €3,627 | +€2,307 | +174.8% |
| Recurring financial charges | 65 | €1,320 | €3,627 | +€2,307 | +174.8% |
| Profit (loss) for the period before taxes | 9903 | €61,058 | €52,375 | -€8,683 | -14.2% |
| Income taxes | 67/77 | €16,638 | €13,905 | -€2,733 | -16.4% |
| Profit (loss) for the period | 9904 | €44,419 | €38,470 | -€5,950 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,419 | €38,470 | -€5,950 | -13.4% |
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 7 October 2026 via checked.be.