ALEA PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year +€53,366
up €53,366 (+26.5%), from €201,395 to €254,761
of which Other amounts receivable: +€50,665
- Deferred charges and accrued income -€3,720
no longer reported in 2025 (was €3,720)
- Tangible fixed assets -€3,500
down €3,500 (-33.7%), from €10,378 to €6,878
- Tax, wage and social debts +€29,805
up €29,805 (+841%), from €3,542 to €33,347
- Trade debts +€11,943
new in 2025: €11,943
- Current portion of long-term debt +€4,690
new in 2025: €4,690
- Taxes +€42,074
new in 2025: €42,074
- Gross operating margin -€26,495
down €26,495 (-43.5%), from €60,875 to €34,380
- Financial income +€12,923
new in 2025: €12,923
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 | €215,493 | €262,918 | +€47,426 | +22.0% |
| Fixed assets | 21/28 | €10,378 | €6,878 | -€3,500 | -33.7% |
| Tangible fixed assets | 22/27 | €10,378 | €6,878 | -€3,500 | -33.7% |
| Furniture and vehicles | 24 | €10,378 | €6,878 | -€3,500 | -33.7% |
| Current assets | 29/58 | €205,115 | €256,040 | +€50,926 | +24.8% |
| Amounts receivable within one year | 40/41 | €201,395 | €254,761 | +€53,366 | +26.5% |
| Trade receivables | 40 | - | €2,701 | +€2,701 | |
| Other amounts receivable | 41 | €201,395 | €252,060 | +€50,665 | +25.2% |
| Cash at bank and in hand | 54/58 | - | €1,279 | +€1,279 | |
| Deferred charges and accrued income | 490/1 | €3,720 | - | -€3,720 | |
| Total equity and liabilities | 10/49 | €215,493 | €262,918 | +€47,426 | +22.0% |
| Equity | 10/15 | €211,950 | €212,938 | +€988 | +0.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €186,950 | €187,938 | +€988 | +0.5% |
| Non-distributable reserves | 130/1 | - | €988 | +€988 | |
| Reserves not available under the articles | 1311 | - | €988 | +€988 | |
| Distributable reserves | 133 | €186,950 | €186,950 | = | 0.0% |
| Amounts payable | 17/49 | €3,542 | €49,980 | +€46,438 | +1,311% |
| Amounts payable within one year | 42/48 | €3,542 | €49,980 | +€46,438 | +1,311% |
| Current portion of amounts payable after more than one year | 42 | - | €4,690 | +€4,690 | |
| Trade debts | 44 | - | €11,943 | +€11,943 | |
| Suppliers | 440/4 | - | €11,943 | +€11,943 | |
| Taxes, remuneration and social security | 45 | €3,542 | €33,347 | +€29,805 | +841% |
| Taxes | 450/3 | €3,542 | €33,347 | +€29,805 | +841% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | €3,500 | = | 0.0% |
| Other operating charges | 640/8 | - | €316 | +€316 | |
| Gross operating margin | 9900 | €60,875 | €34,380 | -€26,495 | -43.5% |
| Operating profit (loss) | 9901 | €57,375 | €30,563 | -€26,812 | -46.7% |
| Financial income | 75/76B | - | €12,923 | +€12,923 | |
| Recurring financial income | 75 | - | €12,923 | +€12,923 | |
| Financial charges | 65/66B | - | €425 | +€425 | |
| Recurring financial charges | 65 | - | €425 | +€425 | |
| Profit (loss) for the period before taxes | 9903 | €57,375 | €43,062 | -€14,313 | -24.9% |
| Income taxes | 67/77 | - | €42,074 | +€42,074 | |
| Profit (loss) for the period | 9904 | €57,375 | €988 | -€56,387 | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,375 | €988 | -€56,387 | -98.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.