ALASER: 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.
ALASER
Largest movements
- Receivables within one year -€61,297
down €61,297 (-40.2%), from €152,318 to €91,022
of which Other amounts receivable: -€61,233
- Profit (loss) carried forward -€40,037
down €40,037 (-32.2%), from €124,250 to €84,213
- Tax, wage and social debts -€21,657
down €21,657 (-98.0%), from €22,096 to €439
- Gross operating margin -€25,952
down €25,952 (-139%), from -€18,636 to -€44,588
- Financial income -€2,679
down €2,679 (-29.8%), from €9,002 to €6,323
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.
Derived cash bridge
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 | €153,438 | €92,279 | -€61,159 | -39.9% |
| Current assets | 29/58 | €153,438 | €92,279 | -€61,159 | -39.9% |
| Amounts receivable within one year | 40/41 | €152,318 | €91,022 | -€61,297 | -40.2% |
| Trade receivables | 40 | €64 | - | -€64 | |
| Other amounts receivable | 41 | €152,254 | €91,022 | -€61,233 | -40.2% |
| Cash at bank and in hand | 54/58 | €4 | €5 | +€1 | +30.1% |
| Deferred charges and accrued income | 490/1 | €1,115 | €1,252 | +€137 | +12.3% |
| Total equity and liabilities | 10/49 | €153,438 | €92,279 | -€61,159 | -39.9% |
| Equity | 10/15 | €130,250 | €90,213 | -€40,037 | -30.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,250 | €84,213 | -€40,037 | -32.2% |
| Amounts payable | 17/49 | €23,187 | €2,066 | -€21,122 | -91.1% |
| Amounts payable within one year | 42/48 | €23,187 | €2,066 | -€21,122 | -91.1% |
| Trade debts | 44 | €1,091 | €1,627 | +€536 | +49.1% |
| Suppliers | 440/4 | €1,091 | €1,627 | +€536 | +49.1% |
| Taxes, remuneration and social security | 45 | €22,096 | €439 | -€21,657 | -98.0% |
| Taxes | 450/3 | €22,096 | €439 | -€21,657 | -98.0% |
| Other operating charges | 640/8 | €591 | €176 | -€415 | -70.3% |
| Gross operating margin | 9900 | -€18,636 | -€44,588 | -€25,952 | -139% |
| Operating profit (loss) | 9901 | -€19,226 | -€44,763 | -€25,537 | -133% |
| Financial income | 75/76B | €9,002 | €6,323 | -€2,679 | -29.8% |
| Recurring financial income | 75 | €9,002 | €6,323 | -€2,679 | -29.8% |
| Financial charges | 65/66B | €1,621 | €1,465 | -€156 | -9.6% |
| Recurring financial charges | 65 | €1,621 | €1,465 | -€156 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,845 | -€39,905 | -€28,060 | -237% |
| Income taxes | 67/77 | €159 | €132 | -€26 | -16.4% |
| Profit (loss) for the period | 9904 | -€12,004 | -€40,037 | -€28,034 | -234% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,004 | -€40,037 | -€28,034 | -234% |
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 18 October 2026 via checked.be.