ALAN & Co: 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.
ALAN & Co
Largest movements
- Tangible fixed assets -€70,865
down €70,865 (-33.1%), from €214,075 to €143,210
of which Plant, machinery and equipment: -€54,755
- Stocks and contracts -€56,716
down €56,716 (-12.5%), from €455,077 to €398,361
- Receivables within one year -€16,622
down €16,622 (-4.4%), from €374,728 to €358,106
of which Trade receivables: -€24,600
- Cash +€16,263
up €16,263 (+5.0%), from €325,815 to €342,078
mainly Other debts (+€240,892) and Depreciation (+€107,126)
- Intangible fixed assets +€14,077
up €14,077 (+316.1%), from €4,453 to €18,530
- Reserves -€285,528
down €285,528 (-61.4%), from €465,069 to €179,541
of which Distributable reserves: -€275,148
- Other debts +€240,892
up €240,892 (+153.3%), from €157,163 to €398,055
- Debts after one year -€71,375
down €71,375 (-62.0%), from €115,203 to €43,828
- Profit (loss) carried forward +€35,232
up €35,232 (+23.0%), from €153,375 to €188,607
- Current portion of long-term debt -€32,525
down €32,525 (-31.3%), from €103,900 to €71,375
- Gross operating margin -€121,831
down €121,831 (-18.2%), from €669,502 to €547,671
- Financial charges -€72,498
down €72,498 (-83.9%), from €86,392 to €13,894
- Depreciation -€46,289
down €46,289 (-30.2%), from €153,415 to €107,126
- Other operating charges -€39,608
down €39,608 (-88.2%), from €44,917 to €5,309
- Staff costs +€12,661
up €12,661 (+3.2%), from €392,684 to €405,345
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 | €1,394,504 | €1,275,639 | -€118,865 | -8.5% |
| Fixed assets | 21/28 | €219,728 | €162,940 | -€56,788 | -25.8% |
| Intangible fixed assets | 21 | €4,453 | €18,530 | +€14,077 | +316.1% |
| Tangible fixed assets | 22/27 | €214,075 | €143,210 | -€70,865 | -33.1% |
| Plant, machinery and equipment | 23 | €126,639 | €71,884 | -€54,755 | -43.2% |
| Furniture and vehicles | 24 | €32,847 | €23,837 | -€9,010 | -27.4% |
| Leasing and similar rights | 25 | €54,589 | €29,589 | -€25,000 | -45.8% |
| Other tangible fixed assets | 26 | - | €17,901 | +€17,901 | |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €1,174,776 | €1,112,699 | -€62,077 | -5.3% |
| Stocks and contracts in progress | 3 | €455,077 | €398,361 | -€56,716 | -12.5% |
| Stocks | 30/36 | €455,077 | €398,361 | -€56,716 | -12.5% |
| Amounts receivable within one year | 40/41 | €374,728 | €358,106 | -€16,622 | -4.4% |
| Trade receivables | 40 | €343,305 | €318,705 | -€24,600 | -7.2% |
| Other amounts receivable | 41 | €31,423 | €39,401 | +€7,978 | +25.4% |
| Cash at bank and in hand | 54/58 | €325,815 | €342,078 | +€16,263 | +5.0% |
| Deferred charges and accrued income | 490/1 | €19,156 | €14,154 | -€5,002 | -26.1% |
| Total equity and liabilities | 10/49 | €1,394,504 | €1,275,639 | -€118,865 | -8.5% |
| Equity | 10/15 | - | €499,972 | +€499,972 | |
| Contributions | 10/11 | €34,453 | €61,500 | +€27,047 | +78.5% |
| Capital | 10 | €34,453 | €61,500 | +€27,047 | +78.5% |
| Issued capital | 100 | €34,453 | €61,500 | +€27,047 | +78.5% |
| Reserves | 13 | €465,069 | €179,541 | -€285,528 | -61.4% |
| Non-distributable reserves | 130/1 | €8,084 | €8,084 | +€0 | 0.0% |
| Legal reserve | 130 | €8,084 | €8,084 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €106,362 | €95,982 | -€10,380 | -9.8% |
| Distributable reserves | 133 | €350,623 | €75,475 | -€275,148 | -78.5% |
| Profit (loss) carried forward | 14 | €153,375 | €188,607 | +€35,232 | +23.0% |
| Investment grants | 15 | €76,703 | €70,324 | -€6,379 | -8.3% |
| Provisions and deferred taxes | 16 | €54,768 | €49,423 | -€5,345 | -9.8% |
| Deferred taxes | 168 | €54,768 | €49,423 | -€5,345 | -9.8% |
| Amounts payable | 17/49 | €610,136 | €726,244 | +€116,108 | +19.0% |
| Amounts payable after more than one year | 17 | €115,203 | €43,828 | -€71,375 | -62.0% |
| Financial debts | 170/4 | €115,203 | €43,828 | -€71,375 | -62.0% |
| Amounts payable within one year | 42/48 | €491,213 | €680,326 | +€189,113 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €103,900 | €71,375 | -€32,525 | -31.3% |
| Trade debts | 44 | €168,435 | €150,903 | -€17,532 | -10.4% |
| Suppliers | 440/4 | €168,435 | €150,903 | -€17,532 | -10.4% |
| Taxes, remuneration and social security | 45 | €61,715 | €59,993 | -€1,722 | -2.8% |
| Taxes | 450/3 | €3,929 | €3,552 | -€377 | -9.6% |
| Remuneration and social security | 454/9 | €57,786 | €56,441 | -€1,345 | -2.3% |
| Other amounts payable | 47/48 | €157,163 | €398,055 | +€240,892 | +153.3% |
| Accrued charges and deferred income | 492/3 | €3,720 | €2,090 | -€1,630 | -43.8% |
| Remuneration, social security and pensions | 62 | €392,684 | €405,345 | +€12,661 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,415 | €107,126 | -€46,289 | -30.2% |
| Other operating charges | 640/8 | €44,917 | €5,309 | -€39,608 | -88.2% |
| Gross operating margin | 9900 | €669,502 | €547,671 | -€121,831 | -18.2% |
| Operating profit (loss) | 9901 | €78,486 | €29,892 | -€48,594 | -61.9% |
| Financial income | 75/76B | €16,252 | €9,675 | -€6,577 | -40.5% |
| Recurring financial income | 75 | €16,252 | €9,675 | -€6,577 | -40.5% |
| Financial charges | 65/66B | €86,392 | €13,894 | -€72,498 | -83.9% |
| Recurring financial charges | 65 | €86,392 | €13,894 | -€72,498 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €8,346 | €25,673 | +€17,327 | +207.6% |
| Transfer from deferred taxes | 780 | €7,871 | €5,345 | -€2,526 | -32.1% |
| Income taxes | 67/77 | €7,972 | €6,165 | -€1,807 | -22.7% |
| Profit (loss) for the period | 9904 | €8,245 | €24,853 | +€16,608 | +201.4% |
| Transfer from tax-exempt reserves | 789 | €15,286 | €10,380 | -€4,906 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,531 | €35,233 | +€11,702 | +49.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.