ALARGO: 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.
ALARGO
Largest movements
- Cash -€17,701
down €17,701 (-27.7%), from €63,997 to €46,296
mainly Contributions, distributions and other (-€54,913) and Receivables within one year (-€2,089)
- Receivables within one year +€2,089
up €2,089 (+74.1%), from €2,819 to €4,908
of which Trade receivables: +€2,250
- Tangible fixed assets -€1,943
down €1,943 (-28.0%), from €6,936 to €4,992
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Tax, wage and social debts +€2,783
up €2,783 (+35.7%), from €7,799 to €10,583
- Debts after one year -€2,000
no longer reported in 2025 (was €2,000)
- Gross operating margin +€9,503
up €9,503 (+21.2%), from €44,879 to €54,382
- Taxes +€2,480
up €2,480 (+21.2%), from €11,721 to €14,200
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 | €74,578 | €56,867 | -€17,711 | -23.7% |
| Fixed assets | 21/28 | €6,943 | €5,000 | -€1,943 | -28.0% |
| Tangible fixed assets | 22/27 | €6,936 | €4,992 | -€1,943 | -28.0% |
| Furniture and vehicles | 24 | €6,936 | €4,992 | -€1,943 | -28.0% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €67,634 | €51,867 | -€15,768 | -23.3% |
| Amounts receivable within one year | 40/41 | €2,819 | €4,908 | +€2,089 | +74.1% |
| Trade receivables | 40 | €2,651 | €4,901 | +€2,250 | +84.9% |
| Other amounts receivable | 41 | €169 | €8 | -€161 | -95.5% |
| Cash at bank and in hand | 54/58 | €63,997 | €46,296 | -€17,701 | -27.7% |
| Deferred charges and accrued income | 490/1 | €819 | €663 | -€156 | -19.0% |
| Total equity and liabilities | 10/49 | €74,578 | €56,867 | -€17,711 | -23.7% |
| Equity | 10/15 | €64,004 | €46,083 | -€17,922 | -28.0% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €45,404 | €46,083 | +€678 | +1.5% |
| Distributable reserves | 133 | €45,404 | €46,083 | +€678 | +1.5% |
| Amounts payable | 17/49 | €10,573 | €10,784 | +€210 | +2.0% |
| Amounts payable after more than one year | 17 | €2,000 | - | -€2,000 | |
| Financial debts | 170/4 | €2,000 | - | -€2,000 | |
| Amounts payable within one year | 42/48 | €8,573 | €10,784 | +€2,210 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €458 | - | -€458 | |
| Financial debts | 43 | €160 | €80 | -€80 | -50.0% |
| Other loans | 439 | €160 | €80 | -€80 | -50.0% |
| Trade debts | 44 | €156 | €110 | -€46 | -29.8% |
| Suppliers | 440/4 | €156 | €110 | -€46 | -29.8% |
| Taxes, remuneration and social security | 45 | €7,799 | €10,583 | +€2,783 | +35.7% |
| Taxes | 450/3 | €7,799 | €10,583 | +€2,783 | +35.7% |
| Other amounts payable | 47/48 | - | €12 | +€12 | |
| Non-recurring operating income | 76A | €10,692 | - | -€10,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,417 | €1,943 | +€527 | +37.2% |
| Other operating charges | 640/8 | €1,481 | €1,189 | -€292 | -19.7% |
| Gross operating margin | 9900 | €44,879 | €54,382 | +€9,503 | +21.2% |
| Operating profit (loss) | 9901 | €41,981 | €51,249 | +€9,268 | +22.1% |
| Financial income | 75/76B | €0 | €37 | +€37 | +369600.0% |
| Recurring financial income | 75 | €0 | €37 | +€37 | +369600.0% |
| Financial charges | 65/66B | €284 | €94 | -€190 | -66.9% |
| Recurring financial charges | 65 | €284 | €94 | -€190 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €41,697 | €51,192 | +€9,495 | +22.8% |
| Income taxes | 67/77 | €11,721 | €14,200 | +€2,480 | +21.2% |
| Profit (loss) for the period | 9904 | €29,976 | €36,992 | +€7,015 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,976 | €36,992 | +€7,015 | +23.4% |
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 8 October 2026 via checked.be.