ALANI: 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.
ALANI
Largest movements
- Cash +€91,226
new in 2025: €91,226
mainly Net result for the year (+€218,997) and Current investments (+€37,517)
- Current investments -€37,517
no longer reported in 2025 (was €37,517)
- Stocks and contracts -€11,600
down €11,600 (-43.5%), from €26,639 to €15,039
- Receivables within one year -€6,230
down €6,230 (-28.6%), from €21,771 to €15,541
of which Trade receivables: -€6,230
- Other debts -€135,283
down €135,283 (-77.5%), from €174,489 to €39,206
- Profit (loss) carried forward +€118,997
up €118,997 (+254.0%), from €46,856 to €165,853
- Reserves +€100,000
new in 2025: €100,000
- Short-term financial debts -€41,653
down €41,653 (-24.1%), from €173,117 to €131,464
of which Other loans: -€36,536
- Financial income +€175,003
new in 2025: €175,003
- Taxes +€40,472
up €40,472, from -€10,122 to €30,350
- Staff costs -€22,227
down €22,227 (-12.0%), from €185,274 to €163,047
- Gross operating margin +€19,703
up €19,703 (+8.5%), from €232,965 to €252,668
- Financial charges -€8,770
down €8,770 (-51.9%), from €16,893 to €8,123
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 | €526,327 | €562,732 | +€36,405 | +6.9% |
| Fixed assets | 21/28 | €440,380 | €439,453 | -€927 | -0.2% |
| Tangible fixed assets | 22/27 | €19,835 | €15,108 | -€4,727 | -23.8% |
| Plant, machinery and equipment | 23 | - | €922 | +€922 | |
| Furniture and vehicles | 24 | €10,367 | €6,041 | -€4,326 | -41.7% |
| Other tangible fixed assets | 26 | €9,468 | €8,144 | -€1,323 | -14.0% |
| Financial fixed assets | 28 | €420,545 | €424,345 | +€3,800 | +0.9% |
| Current assets | 29/58 | €85,947 | €123,279 | +€37,332 | +43.4% |
| Stocks and contracts in progress | 3 | €26,639 | €15,039 | -€11,600 | -43.5% |
| Stocks | 30/36 | €26,639 | €15,039 | -€11,600 | -43.5% |
| Amounts receivable within one year | 40/41 | €21,771 | €15,541 | -€6,230 | -28.6% |
| Trade receivables | 40 | €11,441 | €5,211 | -€6,230 | -54.5% |
| Other amounts receivable | 41 | €10,330 | €10,330 | = | 0.0% |
| Current investments | 50/53 | €37,517 | - | -€37,517 | |
| Cash at bank and in hand | 54/58 | - | €91,226 | +€91,226 | |
| Deferred charges and accrued income | 490/1 | €20 | €1,472 | +€1,452 | +7327.2% |
| Total equity and liabilities | 10/49 | €526,327 | €562,732 | +€36,405 | +6.9% |
| Equity | 10/15 | €87,758 | €306,755 | +€218,997 | +249.5% |
| Contributions | 10/11 | €40,902 | €40,902 | = | 0.0% |
| Reserves | 13 | - | €100,000 | +€100,000 | |
| Distributable reserves | 133 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | €46,856 | €165,853 | +€118,997 | +254.0% |
| Amounts payable | 17/49 | €438,569 | €255,977 | -€182,592 | -41.6% |
| Amounts payable within one year | 42/48 | €418,326 | €233,763 | -€184,564 | -44.1% |
| Current portion of amounts payable after more than one year | 42 | €3,857 | - | -€3,857 | |
| Financial debts | 43 | €173,117 | €131,464 | -€41,653 | -24.1% |
| Credit institutions | 430/8 | €5,117 | - | -€5,117 | |
| Other loans | 439 | €168,000 | €131,464 | -€36,536 | -21.7% |
| Trade debts | 44 | €32,247 | €32,328 | +€81 | +0.3% |
| Suppliers | 440/4 | €32,247 | €32,328 | +€81 | +0.3% |
| Taxes, remuneration and social security | 45 | €34,616 | €30,765 | -€3,852 | -11.1% |
| Taxes | 450/3 | €6,931 | €20,141 | +€13,210 | +190.6% |
| Remuneration and social security | 454/9 | €27,685 | €10,623 | -€17,062 | -61.6% |
| Other amounts payable | 47/48 | €174,489 | €39,206 | -€135,283 | -77.5% |
| Accrued charges and deferred income | 492/3 | €20,243 | €22,214 | +€1,972 | +9.7% |
| Remuneration, social security and pensions | 62 | €185,274 | €163,047 | -€22,227 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,691 | €5,751 | +€3,059 | +113.7% |
| Other operating charges | 640/8 | €2,111 | €1,405 | -€706 | -33.5% |
| Gross operating margin | 9900 | €232,965 | €252,668 | +€19,703 | +8.5% |
| Operating profit (loss) | 9901 | €42,888 | €82,466 | +€39,578 | +92.3% |
| Financial income | 75/76B | - | €175,003 | +€175,003 | |
| Recurring financial income | 75 | - | €175,003 | +€175,003 | |
| Financial charges | 65/66B | €16,893 | €8,123 | -€8,770 | -51.9% |
| Recurring financial charges | 65 | €16,893 | €8,123 | -€8,770 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €25,995 | €249,347 | +€223,351 | +859.2% |
| Income taxes | 67/77 | -€10,122 | €30,350 | +€40,472 | |
| Profit (loss) for the period | 9904 | €36,118 | €218,997 | +€182,879 | +506.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,118 | €218,997 | +€182,879 | +506.3% |
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 3 October 2026 via checked.be.