ALASKA: 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.
ALASKA
Largest movements
- Cash -€31,930
down €31,930 (-33.0%), from €96,806 to €64,876
mainly Investment in fixed assets (net) (-€53,770) and Debts after one year (-€47,763)
- Intangible fixed assets -€19,333
down €19,333 (-6.8%), from €283,220 to €263,887
- Tangible fixed assets +€10,890
up €10,890 (+4.2%), from €257,750 to €268,640
of which Furniture and vehicles: +€32,538
- Stocks and contracts +€6,889
new in 2025: €6,889
- Debts after one year -€47,763
down €47,763 (-11.0%), from €434,019 to €386,256
- Other debts -€31,907
down €31,907 (-53.8%), from €59,327 to €27,420
- Reserves +€22,062
up €22,062 (+32.3%), from €68,357 to €90,420
- Current portion of long-term debt +€12,173
up €12,173 (+18.5%), from €65,918 to €78,091
- Trade debts +€12,154
up €12,154 (+137%), from €8,901 to €21,055
- Gross operating margin +€32,378
up €32,378 (+37.3%), from €86,782 to €119,160
- Depreciation +€27,688
up €27,688 (+80.2%), from €34,525 to €62,213
- Financial charges -€9,221
down €9,221 (-31.0%), from €29,736 to €20,515
- Taxes +€5,416
up €5,416 (+118%), from €4,608 to €10,024
- Other operating charges +€1,416
up €1,416 (+76.0%), from €1,864 to €3,279
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 | €655,162 | €622,958 | -€32,204 | -4.9% |
| Fixed assets | 21/28 | €554,521 | €546,078 | -€8,443 | -1.5% |
| Intangible fixed assets | 21 | €283,220 | €263,887 | -€19,333 | -6.8% |
| Tangible fixed assets | 22/27 | €257,750 | €268,640 | +€10,890 | +4.2% |
| Land and buildings | 22 | €57,879 | €51,187 | -€6,692 | -11.6% |
| Plant, machinery and equipment | 23 | €187,423 | €172,467 | -€14,956 | -8.0% |
| Furniture and vehicles | 24 | €12,448 | €44,986 | +€32,538 | +261% |
| Financial fixed assets | 28 | €13,551 | €13,551 | = | 0.0% |
| Current assets | 29/58 | €100,641 | €76,881 | -€23,761 | -23.6% |
| Stocks and contracts in progress | 3 | - | €6,889 | +€6,889 | |
| Stocks | 30/36 | - | €6,889 | +€6,889 | |
| Amounts receivable within one year | 40/41 | €652 | €331 | -€321 | -49.2% |
| Trade receivables | 40 | €605 | €331 | -€275 | -45.3% |
| Other amounts receivable | 41 | €46 | €0 | -€46 | -100% |
| Current investments | 50/53 | €2,974 | €2,995 | +€21 | +0.7% |
| Cash at bank and in hand | 54/58 | €96,806 | €64,876 | -€31,930 | -33.0% |
| Deferred charges and accrued income | 490/1 | €210 | €1,790 | +€1,580 | +753% |
| Total equity and liabilities | 10/49 | €655,162 | €622,958 | -€32,204 | -4.9% |
| Equity | 10/15 | €71,857 | €93,920 | +€22,062 | +30.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €68,357 | €90,420 | +€22,062 | +32.3% |
| Distributable reserves | 133 | €68,357 | €90,420 | +€22,062 | +32.3% |
| Amounts payable | 17/49 | €583,305 | €529,039 | -€54,266 | -9.3% |
| Amounts payable after more than one year | 17 | €434,019 | €386,256 | -€47,763 | -11.0% |
| Financial debts | 170/4 | €434,019 | €386,256 | -€47,763 | -11.0% |
| Amounts payable within one year | 42/48 | €149,286 | €142,783 | -€6,503 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €65,918 | €78,091 | +€12,173 | +18.5% |
| Trade debts | 44 | €8,901 | €21,055 | +€12,154 | +137% |
| Suppliers | 440/4 | €8,901 | €21,055 | +€12,154 | +137% |
| Taxes, remuneration and social security | 45 | €15,140 | €16,217 | +€1,077 | +7.1% |
| Taxes | 450/3 | €15,140 | €13,782 | -€1,357 | -9.0% |
| Remuneration and social security | 454/9 | - | €2,435 | +€2,435 | |
| Other amounts payable | 47/48 | €59,327 | €27,420 | -€31,907 | -53.8% |
| Non-recurring operating income | 76A | €3,200 | €0 | -€3,200 | -100% |
| Remuneration, social security and pensions | 62 | €1,975 | €1,342 | -€633 | -32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,525 | €62,213 | +€27,688 | +80.2% |
| Other operating charges | 640/8 | €1,864 | €3,279 | +€1,416 | +76.0% |
| Non-recurring operating charges | 66A | €2,857 | €0 | -€2,857 | -100% |
| Gross operating margin | 9900 | €86,782 | €119,160 | +€32,378 | +37.3% |
| Operating profit (loss) | 9901 | €45,562 | €52,326 | +€6,764 | +14.8% |
| Financial income | 75/76B | €101 | €275 | +€174 | +173% |
| Recurring financial income | 75 | €101 | €275 | +€174 | +173% |
| Financial charges | 65/66B | €29,736 | €20,515 | -€9,221 | -31.0% |
| Recurring financial charges | 65 | €29,736 | €20,515 | -€9,221 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €15,928 | €32,086 | +€16,159 | +101% |
| Income taxes | 67/77 | €4,608 | €10,024 | +€5,416 | +118% |
| Profit (loss) for the period | 9904 | €11,320 | €22,062 | +€10,743 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,320 | €22,062 | +€10,743 | +94.9% |
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 13 October 2026 via checked.be.