ALEGRIA: what changed
Two fiscal 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.
ALEGRIA
Largest movements
- Stocks and contracts -€112,010
down €112,010 (-16.0%), from €700,245 to €588,235
- Tangible fixed assets -€54,331
down €54,331 (-20.1%), from €270,361 to €216,030
of which Other tangible fixed assets: -€36,612
- Receivables within one year -€18,463
down €18,463 (-20.8%), from €88,685 to €70,222
of which Trade receivables: -€21,015
- Cash -€16,499
down €16,499 (-88.4%), from €18,660 to €2,161
mainly Short-term financial debts (-€251,719) and Debts after one year (-€136,859)
- Contributions +€255,000
up €255,000 (+1371.0%), from €18,600 to €273,600
- Short-term financial debts -€251,719
down €251,719 (-50.3%), from €500,000 to €248,281
of which Other loans: -€500,000
- Debts after one year -€136,859
down €136,859 (-30.0%), from €455,873 to €319,015
- Current portion of long-term debt +€98,938
up €98,938 (+159.8%), from €61,918 to €160,856
- Other debts -€88,305
down €88,305 (-90.9%), from €97,101 to €8,797
- Gross operating margin +€158,183
up €158,183 (+593.2%), from €26,665 to €184,847
- Staff costs -€45,894
down €45,894 (-34.1%), from €134,471 to €88,577
- Other operating charges +€12,441
up €12,441 (+148.5%), from €8,381 to €20,822
- Financial charges -€2,063
down €2,063 (-4.2%), from €48,968 to €46,904
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.
Cash bridge derived
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 | €1,091,337 | €885,383 | -€205,954 | -18.9% |
| Fixed assets | 21/28 | €281,721 | €223,893 | -€57,828 | -20.5% |
| Intangible fixed assets | 21 | €11,360 | €7,864 | -€3,497 | -30.8% |
| Tangible fixed assets | 22/27 | €270,361 | €216,030 | -€54,331 | -20.1% |
| Plant, machinery and equipment | 23 | €3,065 | €1,383 | -€1,682 | -54.9% |
| Furniture and vehicles | 24 | €11,646 | €8,656 | -€2,990 | -25.7% |
| Leasing and similar rights | 25 | €24,186 | €11,139 | -€13,047 | -53.9% |
| Other tangible fixed assets | 26 | €231,464 | €194,852 | -€36,612 | -15.8% |
| Current assets | 29/58 | €809,616 | €661,490 | -€148,126 | -18.3% |
| Stocks and contracts in progress | 3 | €700,245 | €588,235 | -€112,010 | -16.0% |
| Stocks | 30/36 | €700,245 | €588,235 | -€112,010 | -16.0% |
| Amounts receivable within one year | 40/41 | €88,685 | €70,222 | -€18,463 | -20.8% |
| Trade receivables | 40 | €76,766 | €55,751 | -€21,015 | -27.4% |
| Other amounts receivable | 41 | €11,919 | €14,471 | +€2,551 | +21.4% |
| Cash at bank and in hand | 54/58 | €18,660 | €2,161 | -€16,499 | -88.4% |
| Deferred charges and accrued income | 490/1 | €2,025 | €872 | -€1,154 | -57.0% |
| Total equity and liabilities | 10/49 | €1,091,337 | €885,383 | -€205,954 | -18.9% |
| Equity | 10/15 | -€220,236 | €5,482 | +€225,718 | |
| Contributions | 10/11 | €18,600 | €273,600 | +€255,000 | +1371.0% |
| Reserves | 13 | €49,500 | €49,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,500 | €49,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,336 | -€317,618 | -€29,282 | -10.2% |
| Amounts payable | 17/49 | €1,311,572 | €879,901 | -€431,672 | -32.9% |
| Amounts payable after more than one year | 17 | €455,873 | €319,015 | -€136,859 | -30.0% |
| Financial debts | 170/4 | €455,873 | €319,015 | -€136,859 | -30.0% |
| Amounts payable within one year | 42/48 | €849,342 | €549,860 | -€299,482 | -35.3% |
| Current portion of amounts payable after more than one year | 42 | €61,918 | €160,856 | +€98,938 | +159.8% |
| Financial debts | 43 | €500,000 | €248,281 | -€251,719 | -50.3% |
| Credit institutions | 430/8 | - | €248,281 | +€248,281 | |
| Other loans | 439 | €500,000 | - | -€500,000 | |
| Trade debts | 44 | €98,631 | €42,755 | -€55,876 | -56.7% |
| Suppliers | 440/4 | €98,631 | €42,755 | -€55,876 | -56.7% |
| Advances received on contracts in progress | 46 | €71,408 | €75,813 | +€4,405 | +6.2% |
| Taxes, remuneration and social security | 45 | €20,283 | €13,358 | -€6,925 | -34.1% |
| Taxes | 450/3 | €7,350 | €3,286 | -€4,063 | -55.3% |
| Remuneration and social security | 454/9 | €12,934 | €10,072 | -€2,862 | -22.1% |
| Other amounts payable | 47/48 | €97,101 | €8,797 | -€88,305 | -90.9% |
| Accrued charges and deferred income | 492/3 | €6,357 | €11,026 | +€4,669 | +73.4% |
| Remuneration, social security and pensions | 62 | €134,471 | €88,577 | -€45,894 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,298 | €57,828 | -€471 | -0.8% |
| Other operating charges | 640/8 | €8,381 | €20,822 | +€12,441 | +148.5% |
| Gross operating margin | 9900 | €26,665 | €184,847 | +€158,183 | +593.2% |
| Operating profit (loss) | 9901 | -€174,485 | €17,620 | +€192,105 | |
| Financial income | 75/76B | €1 | €2 | +€2 | +275.9% |
| Recurring financial income | 75 | €1 | €2 | +€2 | +275.9% |
| Financial charges | 65/66B | €48,968 | €46,904 | -€2,063 | -4.2% |
| Recurring financial charges | 65 | €48,968 | €46,904 | -€2,063 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | -€223,453 | -€29,282 | +€194,170 | +86.9% |
| Profit (loss) for the period | 9904 | -€223,453 | -€29,282 | +€194,170 | +86.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€223,453 | -€29,282 | +€194,170 | +86.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.