ALAAM: 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.
ALAAM
Largest movements
- Cash +€44,365
up €44,365 (+33.7%), from €131,465 to €175,830
mainly Net result for the year (+€37,830) and Other debts (+€17,268)
- Other debts +€17,268
up €17,268 (+335.8%), from €5,142 to €22,410
- Reserves +€16,778
up €16,778 (+12.7%), from €132,022 to €148,800
- Tax, wage and social debts +€11,003
up €11,003 (+263.8%), from €4,172 to €15,175
- Gross operating margin +€46,404
up €46,404 (+601.1%), from €7,720 to €54,124
- Taxes +€8,726
up €8,726 (+133.2%), from €6,551 to €15,278
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 | €162,079 | €206,381 | +€44,302 | +27.3% |
| Current assets | 29/58 | €162,079 | €206,381 | +€44,302 | +27.3% |
| Amounts receivable within one year | 40/41 | €28,933 | €28,974 | +€41 | +0.1% |
| Trade receivables | 40 | €22,976 | €28,974 | +€5,999 | +26.1% |
| Other amounts receivable | 41 | €5,957 | €0 | -€5,957 | -100.0% |
| Cash at bank and in hand | 54/58 | €131,465 | €175,830 | +€44,365 | +33.7% |
| Deferred charges and accrued income | 490/1 | €1,682 | €1,578 | -€104 | -6.2% |
| Total equity and liabilities | 10/49 | €162,079 | €206,381 | +€44,302 | +27.3% |
| Equity | 10/15 | €150,622 | €167,400 | +€16,778 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,022 | €148,800 | +€16,778 | +12.7% |
| Distributable reserves | 133 | €132,022 | €148,800 | +€16,778 | +12.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,458 | €38,982 | +€27,524 | +240.2% |
| Amounts payable within one year | 42/48 | €11,458 | €38,982 | +€27,524 | +240.2% |
| Trade debts | 44 | €2,144 | €1,397 | -€747 | -34.9% |
| Suppliers | 440/4 | €2,144 | €1,397 | -€747 | -34.9% |
| Taxes, remuneration and social security | 45 | €4,172 | €15,175 | +€11,003 | +263.8% |
| Taxes | 450/3 | €4,172 | €15,175 | +€11,003 | +263.8% |
| Other amounts payable | 47/48 | €5,142 | €22,410 | +€17,268 | +335.8% |
| Other operating charges | 640/8 | €849 | €871 | +€22 | +2.6% |
| Gross operating margin | 9900 | €7,720 | €54,124 | +€46,404 | +601.1% |
| Operating profit (loss) | 9901 | €6,871 | €53,253 | +€46,382 | +675.1% |
| Financial income | 75/76B | €2 | €2 | -€0 | -16.4% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -16.4% |
| Financial charges | 65/66B | €210 | €146 | -€64 | -30.4% |
| Recurring financial charges | 65 | €210 | €146 | -€64 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €6,663 | €53,108 | +€46,446 | +697.1% |
| Income taxes | 67/77 | €6,551 | €15,278 | +€8,726 | +133.2% |
| Profit (loss) for the period | 9904 | €111 | €37,830 | +€37,719 | +33901.8% |
| Profit (loss) for the period to be appropriated | 9905 | €111 | €37,830 | +€37,719 | +33901.8% |
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.