ALEA PROJECT: 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.
ALEA PROJECT
Largest movements
- Receivables within one year -€29,306
down €29,306 (-74.9%), from €39,104 to €9,799
of which Trade receivables: -€30,000
- Tangible fixed assets -€18,838
down €18,838 (-26.9%), from €70,115 to €51,277
- Cash -€6,447
down €6,447 (-38.2%), from €16,894 to €10,447
mainly Other debts (-€80,425) and Trade debts (-€5,076)
- Other debts -€80,425
no longer reported in 2024 (was €80,425)
- Profit (loss) carried forward +€19,739
up €19,739 (+68.5%), from €28,804 to €48,543
- Tax, wage and social debts +€11,172
up €11,172 (+1,956%), from €571 to €11,743
- Trade debts -€5,076
down €5,076 (-80.4%), from €6,313 to €1,237
- Other operating charges -€22,755
down €22,755 (-62.2%), from €36,561 to €13,806
- Gross operating margin +€19,057
up €19,057 (+23.4%), from €81,390 to €100,446
- Staff costs +€13,748
up €13,748 (+61.3%), from €22,422 to €36,169
- Taxes +€11,743
new in 2024: €11,743
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,113 | €71,523 | -€54,591 | -43.3% |
| Fixed assets | 21/28 | €70,115 | €51,277 | -€18,838 | -26.9% |
| Tangible fixed assets | 22/27 | €70,115 | €51,277 | -€18,838 | -26.9% |
| Furniture and vehicles | 24 | €70,115 | €51,277 | -€18,838 | -26.9% |
| Current assets | 29/58 | €55,998 | €20,246 | -€35,753 | -63.8% |
| Amounts receivable within one year | 40/41 | €39,104 | €9,799 | -€29,306 | -74.9% |
| Trade receivables | 40 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 41 | €9,104 | €9,799 | +€694 | +7.6% |
| Cash at bank and in hand | 54/58 | €16,894 | €10,447 | -€6,447 | -38.2% |
| Total equity and liabilities | 10/49 | €126,113 | €71,523 | -€54,591 | -43.3% |
| Equity | 10/15 | €38,804 | €58,543 | +€19,739 | +50.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,804 | €48,543 | +€19,739 | +68.5% |
| Amounts payable | 17/49 | €87,309 | €12,980 | -€74,329 | -85.1% |
| Amounts payable within one year | 42/48 | €87,309 | €12,980 | -€74,329 | -85.1% |
| Trade debts | 44 | €6,313 | €1,237 | -€5,076 | -80.4% |
| Suppliers | 440/4 | €6,313 | €1,237 | -€5,076 | -80.4% |
| Taxes, remuneration and social security | 45 | €571 | €11,743 | +€11,172 | +1,956% |
| Taxes | 450/3 | €571 | €11,743 | +€11,172 | +1,956% |
| Other amounts payable | 47/48 | €80,425 | - | -€80,425 | |
| Remuneration, social security and pensions | 62 | €22,422 | €36,169 | +€13,748 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,838 | €18,838 | = | 0.0% |
| Other operating charges | 640/8 | €36,561 | €13,806 | -€22,755 | -62.2% |
| Gross operating margin | 9900 | €81,390 | €100,446 | +€19,057 | +23.4% |
| Operating profit (loss) | 9901 | €3,569 | €31,633 | +€28,064 | +786% |
| Financial charges | 65/66B | €63 | €151 | +€88 | +139% |
| Recurring financial charges | 65 | €63 | €151 | +€88 | +139% |
| Profit (loss) for the period before taxes | 9903 | €3,506 | €31,482 | +€27,976 | +798% |
| Income taxes | 67/77 | - | €11,743 | +€11,743 | |
| Profit (loss) for the period | 9904 | €3,506 | €19,739 | +€16,233 | +463% |
| Profit (loss) for the period to be appropriated | 9905 | €3,506 | €19,739 | +€16,233 | +463% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.