Alanthi: 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.
Alanthi
Largest movements
- Tangible fixed assets -€15,382
down €15,382 (-5.2%), from €297,195 to €281,812
of which Land and buildings: -€14,258
- Receivables within one year -€5,077
down €5,077 (-32.7%), from €15,513 to €10,435
- Cash -€4,491
down €4,491 (-30.6%), from €14,699 to €10,208
mainly Debts after one year (-€13,750) and Investment in fixed assets (net) (-€11,491)
- Debts after one year -€13,750
down €13,750 (-5.8%), from €239,114 to €225,364
- Profit (loss) carried forward -€8,278
down €8,278 (-31.7%), from €26,111 to €17,833
- Gross operating margin -€27,947
down €27,947 (-47.3%), from €59,028 to €31,080
- Depreciation -€6,481
down €6,481 (-19.4%), from €33,354 to €26,873
- Taxes -€2,961
no longer reported in 2025 (was €2,961)
- Other operating charges -€852
down €852 (-12.2%), from €7,012 to €6,160
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 | €329,358 | €302,996 | -€26,362 | -8.0% |
| Fixed assets | 21/28 | €297,735 | €282,353 | -€15,382 | -5.2% |
| Tangible fixed assets | 22/27 | €297,195 | €281,812 | -€15,382 | -5.2% |
| Land and buildings | 22 | €260,597 | €246,339 | -€14,258 | -5.5% |
| Plant, machinery and equipment | 23 | €274 | €184 | -€90 | -32.8% |
| Furniture and vehicles | 24 | €11,722 | €5,235 | -€6,487 | -55.3% |
| Leasing and similar rights | 25 | - | €9,470 | +€9,470 | |
| Other tangible fixed assets | 26 | €24,602 | €20,585 | -€4,016 | -16.3% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €31,623 | €20,643 | -€10,980 | -34.7% |
| Amounts receivable within one year | 40/41 | €15,513 | €10,435 | -€5,077 | -32.7% |
| Trade receivables | 40 | €15,513 | €10,435 | -€5,077 | -32.7% |
| Cash at bank and in hand | 54/58 | €14,699 | €10,208 | -€4,491 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,411 | - | -€1,411 | |
| Total equity and liabilities | 10/49 | €329,358 | €302,996 | -€26,362 | -8.0% |
| Equity | 10/15 | €35,111 | €26,833 | -€8,278 | -23.6% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,111 | €17,833 | -€8,278 | -31.7% |
| Amounts payable | 17/49 | €294,247 | €276,163 | -€18,084 | -6.1% |
| Amounts payable after more than one year | 17 | €239,114 | €225,364 | -€13,750 | -5.8% |
| Financial debts | 170/4 | €239,114 | €225,364 | -€13,750 | -5.8% |
| Amounts payable within one year | 42/48 | €55,133 | €49,991 | -€5,142 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €26,003 | €24,199 | -€1,804 | -6.9% |
| Financial debts | 43 | €49 | €140 | +€92 | +187.7% |
| Credit institutions | 430/8 | €49 | €140 | +€92 | +187.7% |
| Trade debts | 44 | €1,566 | €411 | -€1,155 | -73.8% |
| Suppliers | 440/4 | €1,566 | €411 | -€1,155 | -73.8% |
| Taxes, remuneration and social security | 45 | €5,561 | €5,561 | = | 0.0% |
| Taxes | 450/3 | €3,743 | €3,743 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,818 | €1,818 | = | 0.0% |
| Other amounts payable | 47/48 | €21,954 | €19,679 | -€2,275 | -10.4% |
| Accrued charges and deferred income | 492/3 | - | €808 | +€808 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,354 | €26,873 | -€6,481 | -19.4% |
| Other operating charges | 640/8 | €7,012 | €6,160 | -€852 | -12.2% |
| Gross operating margin | 9900 | €59,028 | €31,080 | -€27,947 | -47.3% |
| Operating profit (loss) | 9901 | €18,662 | -€1,953 | -€20,615 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.9% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.9% |
| Financial charges | 65/66B | €6,067 | €6,325 | +€258 | +4.2% |
| Recurring financial charges | 65 | €6,067 | €6,325 | +€258 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €12,607 | -€8,278 | -€20,884 | |
| Income taxes | 67/77 | €2,961 | - | -€2,961 | |
| Profit (loss) for the period | 9904 | €9,646 | -€8,278 | -€17,924 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,646 | -€8,278 | -€17,924 |
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.