ALAROX: 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.
ALAROX
Largest movements
- Receivables within one year -€869
down €869 (-21.1%), from €4,113 to €3,244
of which Trade receivables: -€573
- Cash -€606
down €606 (-10.2%), from €5,939 to €5,333
mainly Investment in fixed assets (net) (-€2,057) and Other debts (-€615)
- Tangible fixed assets +€597
up €597 (+14.9%), from €4,015 to €4,612
- Other debts -€615
down €615 (-2.0%), from €30,291 to €29,677
- Trade debts -€437
down €437 (-49.3%), from €886 to €449
- Tax, wage and social debts +€286
up €286 (+95.7%), from €299 to €584
- Gross operating margin -€3,718
down €3,718 (-63.2%), from €5,887 to €2,169
- Financial charges -€335
down €335 (-71.6%), from €468 to €133
- Depreciation +€234
up €234 (+22.8%), from €1,025 to €1,260
- Other operating charges +€82
up €82 (+15.9%), from €516 to €598
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 | €23,167 | €22,580 | -€587 | -2.5% |
| Fixed assets | 21/28 | €4,215 | €5,012 | +€797 | +18.9% |
| Tangible fixed assets | 22/27 | €4,015 | €4,612 | +€597 | +14.9% |
| Plant, machinery and equipment | 23 | €4,015 | €4,612 | +€597 | +14.9% |
| Financial fixed assets | 28 | €200 | €400 | +€200 | +100.0% |
| Current assets | 29/58 | €18,952 | €17,569 | -€1,384 | -7.3% |
| Stocks and contracts in progress | 3 | €8,901 | €8,992 | +€91 | +1.0% |
| Stocks | 30/36 | €8,901 | €8,992 | +€91 | +1.0% |
| Amounts receivable within one year | 40/41 | €4,113 | €3,244 | -€869 | -21.1% |
| Trade receivables | 40 | €1,185 | €612 | -€573 | -48.4% |
| Other amounts receivable | 41 | €2,928 | €2,632 | -€296 | -10.1% |
| Cash at bank and in hand | 54/58 | €5,939 | €5,333 | -€606 | -10.2% |
| Total equity and liabilities | 10/49 | €23,167 | €22,580 | -€587 | -2.5% |
| Equity | 10/15 | -€8,309 | -€8,130 | +€180 | +2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,788 | €7,788 | = | 0.0% |
| Distributable reserves | 133 | €7,788 | €7,788 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,097 | -€35,917 | +€180 | +0.5% |
| Amounts payable | 17/49 | €31,477 | €30,710 | -€766 | -2.4% |
| Amounts payable within one year | 42/48 | €31,477 | €30,710 | -€766 | -2.4% |
| Trade debts | 44 | €886 | €449 | -€437 | -49.3% |
| Suppliers | 440/4 | €886 | €449 | -€437 | -49.3% |
| Taxes, remuneration and social security | 45 | €299 | €584 | +€286 | +95.7% |
| Taxes | 450/3 | €299 | €584 | +€286 | +95.7% |
| Other amounts payable | 47/48 | €30,291 | €29,677 | -€615 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,025 | €1,260 | +€234 | +22.8% |
| Other operating charges | 640/8 | €516 | €598 | +€82 | +15.9% |
| Gross operating margin | 9900 | €5,887 | €2,169 | -€3,718 | -63.2% |
| Operating profit (loss) | 9901 | €4,345 | €311 | -€4,034 | -92.8% |
| Financial income | 75/76B | €8 | €2 | -€6 | -76.1% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -76.1% |
| Financial charges | 65/66B | €468 | €133 | -€335 | -71.6% |
| Recurring financial charges | 65 | €468 | €133 | -€335 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €3,885 | €180 | -€3,706 | -95.4% |
| Profit (loss) for the period | 9904 | €3,885 | €180 | -€3,706 | -95.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,885 | €180 | -€3,706 | -95.4% |
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 9 October 2026 via checked.be.