ALAUMAX: 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.
ALAUMAX
Largest movements
- Tangible fixed assets -€2,600
down €2,600 (-28.1%), from €9,247 to €6,647
of which Furniture and vehicles: -€2,258
- Cash -€1,989
down €1,989 (-34.4%), from €5,776 to €3,786
mainly Tax, wage and social debts (-€4,112) and Other debts (-€765)
- Receivables within one year -€1,189
down €1,189 (-14.8%), from €8,028 to €6,838
of which Trade receivables: -€2,645
- Tax, wage and social debts -€4,112
down €4,112 (-47.6%), from €8,634 to €4,522
of which Taxes: -€4,127
- Other debts -€765
down €765 (-14.1%), from €5,434 to €4,669
- Trade debts -€506
down €506 (-47.4%), from €1,068 to €561
- Profit (loss) carried forward -€335
down €335, from €120 to -€215
- Gross operating margin -€6,988
down €6,988 (-61.2%), from €11,420 to €4,432
- Depreciation +€2,039
up €2,039 (+363%), from €561 to €2,600
- Taxes -€1,525
down €1,525 (-59.4%), from €2,570 to €1,044
- Financial charges -€431
down €431 (-51.1%), from €843 to €412
- Other operating charges +€324
up €324 (+83.6%), from €387 to €711
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 | €23,315 | €17,597 | -€5,718 | -24.5% |
| Fixed assets | 21/28 | €9,512 | €6,912 | -€2,600 | -27.3% |
| Tangible fixed assets | 22/27 | €9,247 | €6,647 | -€2,600 | -28.1% |
| Land and buildings | 22 | €2,693 | €2,351 | -€342 | -12.7% |
| Furniture and vehicles | 24 | €6,554 | €4,296 | -€2,258 | -34.4% |
| Financial fixed assets | 28 | €265 | €265 | = | 0.0% |
| Current assets | 29/58 | €13,803 | €10,685 | -€3,118 | -22.6% |
| Amounts receivable within one year | 40/41 | €8,028 | €6,838 | -€1,189 | -14.8% |
| Trade receivables | 40 | €8,028 | €5,382 | -€2,645 | -33.0% |
| Other amounts receivable | 41 | - | €1,456 | +€1,456 | |
| Cash at bank and in hand | 54/58 | €5,776 | €3,786 | -€1,989 | -34.4% |
| Deferred charges and accrued income | 490/1 | €0 | €61 | +€61 | |
| Total equity and liabilities | 10/49 | €23,315 | €17,597 | -€5,718 | -24.5% |
| Equity | 10/15 | €8,180 | €7,845 | -€335 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120 | -€215 | -€335 | |
| Amounts payable | 17/49 | €15,136 | €9,753 | -€5,383 | -35.6% |
| Amounts payable within one year | 42/48 | €15,136 | €9,753 | -€5,383 | -35.6% |
| Trade debts | 44 | €1,068 | €561 | -€506 | -47.4% |
| Suppliers | 440/4 | €1,068 | €561 | -€506 | -47.4% |
| Taxes, remuneration and social security | 45 | €8,634 | €4,522 | -€4,112 | -47.6% |
| Taxes | 450/3 | €7,087 | €2,960 | -€4,127 | -58.2% |
| Remuneration and social security | 454/9 | €1,547 | €1,562 | +€15 | +0.9% |
| Other amounts payable | 47/48 | €5,434 | €4,669 | -€765 | -14.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €2,600 | +€2,039 | +363% |
| Other operating charges | 640/8 | €387 | €711 | +€324 | +83.6% |
| Gross operating margin | 9900 | €11,420 | €4,432 | -€6,988 | -61.2% |
| Operating profit (loss) | 9901 | €10,472 | €1,121 | -€9,351 | -89.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €843 | €412 | -€431 | -51.1% |
| Recurring financial charges | 65 | €843 | €412 | -€431 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €9,629 | €709 | -€8,920 | -92.6% |
| Income taxes | 67/77 | €2,570 | €1,044 | -€1,525 | -59.4% |
| Profit (loss) for the period | 9904 | €7,060 | -€335 | -€7,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,060 | -€335 | -€7,395 |
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 24 October 2026 via checked.be.