Alaar: 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.
Alaar
Largest movements
- Cash +€4,917
up €4,917 (+138.7%), from €3,545 to €8,462
mainly Net result for the year (+€11,118) and Other debts (+€1,959)
- Tangible fixed assets +€4,074
up €4,074 (+546.1%), from €746 to €4,819
of which Plant, machinery and equipment: +€3,856
- Receivables within one year +€2,995
new in 2025: €2,995
- Deferred charges and accrued income +€1,900
up €1,900 (+730.8%), from €260 to €2,160
- Formation expenses -€1,405
down €1,405 (-53.2%), from €2,642 to €1,237
- Reserves +€10,285
up €10,285 (+425.8%), from €2,416 to €12,700
- Other debts +€1,959
new in 2025: €1,959
- Trade debts +€524
up €524 (+27.7%), from €1,889 to €2,413
- Tax, wage and social debts -€287
down €287 (-29.0%), from €989 to €702
- Gross operating margin +€13,055
up €13,055 (+398.1%), from €3,279 to €16,334
- Taxes +€2,339
up €2,339 (+344.0%), from €680 to €3,019
- Depreciation +€1,706
up €1,706 (+955.4%), from €179 to €1,885
- Staff costs +€250
new in 2025: €250
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 | €7,793 | €20,273 | +€12,480 | +160.1% |
| Formation expenses | 20 | €2,642 | €1,237 | -€1,405 | -53.2% |
| Fixed assets | 21/28 | €1,346 | €5,419 | +€4,074 | +302.7% |
| Tangible fixed assets | 22/27 | €746 | €4,819 | +€4,074 | +546.1% |
| Plant, machinery and equipment | 23 | - | €3,856 | +€3,856 | |
| Furniture and vehicles | 24 | €746 | €963 | +€217 | +29.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €3,805 | €13,617 | +€9,812 | +257.9% |
| Amounts receivable within one year | 40/41 | - | €2,995 | +€2,995 | |
| Trade receivables | 40 | - | €2,995 | +€2,995 | |
| Cash at bank and in hand | 54/58 | €3,545 | €8,462 | +€4,917 | +138.7% |
| Deferred charges and accrued income | 490/1 | €260 | €2,160 | +€1,900 | +730.8% |
| Total equity and liabilities | 10/49 | €7,793 | €20,273 | +€12,480 | +160.1% |
| Equity | 10/15 | €4,916 | €15,200 | +€10,285 | +209.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €2,416 | €12,700 | +€10,285 | +425.8% |
| Distributable reserves | 133 | €2,416 | €12,700 | +€10,285 | +425.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,878 | €5,073 | +€2,195 | +76.3% |
| Amounts payable within one year | 42/48 | €2,878 | €5,073 | +€2,195 | +76.3% |
| Trade debts | 44 | €1,889 | €2,413 | +€524 | +27.7% |
| Suppliers | 440/4 | €1,889 | €2,413 | +€524 | +27.7% |
| Taxes, remuneration and social security | 45 | €989 | €702 | -€287 | -29.0% |
| Taxes | 450/3 | €989 | €702 | -€287 | -29.0% |
| Other amounts payable | 47/48 | - | €1,959 | +€1,959 | |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €179 | €1,885 | +€1,706 | +955.4% |
| Gross operating margin | 9900 | €3,279 | €16,334 | +€13,055 | +398.1% |
| Operating profit (loss) | 9901 | €3,101 | €14,199 | +€11,099 | +358.0% |
| Financial charges | 65/66B | €5 | €62 | +€57 | +1143.4% |
| Recurring financial charges | 65 | €5 | €62 | +€57 | +1143.4% |
| Profit (loss) for the period before taxes | 9903 | €3,096 | €14,137 | +€11,042 | +356.7% |
| Income taxes | 67/77 | €680 | €3,019 | +€2,339 | +344.0% |
| Profit (loss) for the period | 9904 | €2,416 | €11,118 | +€8,702 | +360.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,416 | €11,118 | +€8,702 | +360.3% |
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 11 October 2026 via checked.be.