ALEJA: 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.
ALEJA
Largest movements
- Cash -€71,853
down €71,853 (-71.7%), from €100,232 to €28,379
mainly Trade debts (-€141,321) and Tax, wage and social debts (-€90,544)
- Stocks and contracts -€41,874
down €41,874 (-7.2%), from €585,556 to €543,682
- Trade debts -€141,321
down €141,321 (-24.0%), from €589,257 to €447,936
- Profit (loss) carried forward +€108,085
up €108,085 (+38.4%), from €281,821 to €389,906
- Tax, wage and social debts -€90,544
down €90,544 (-57.8%), from €156,521 to €65,977
of which Taxes: -€50,799
- Short-term financial debts +€41,604
up €41,604 (+10.2%), from €409,799 to €451,403
- Debts after one year -€28,742
down €28,742 (-35.1%), from €81,898 to €53,156
of which Other amounts payable: -€28,742
- Gross operating margin +€278,536
up €278,536 (+78.7%), from €353,778 to €632,315
- Staff costs -€85,902
down €85,902 (-17.5%), from €490,269 to €404,367
- Other operating charges -€77,076
down €77,076 (-79.4%), from €97,051 to €19,975
- Depreciation -€17,941
down €17,941 (-18.2%), from €98,667 to €80,726
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 | €2,030,211 | €1,897,492 | -€132,719 | -6.5% |
| Fixed assets | 21/28 | €252,118 | €239,423 | -€12,695 | -5.0% |
| Tangible fixed assets | 22/27 | €250,075 | €237,164 | -€12,911 | -5.2% |
| Land and buildings | 22 | €45,263 | €36,484 | -€8,779 | -19.4% |
| Plant, machinery and equipment | 23 | €52,047 | €80,173 | +€28,126 | +54.0% |
| Furniture and vehicles | 24 | €41,096 | €51,761 | +€10,665 | +26.0% |
| Leasing and similar rights | 25 | €111,669 | €68,746 | -€42,923 | -38.4% |
| Financial fixed assets | 28 | €2,043 | €2,259 | +€216 | +10.6% |
| Current assets | 29/58 | €1,778,093 | €1,658,069 | -€120,024 | -6.8% |
| Stocks and contracts in progress | 3 | €585,556 | €543,682 | -€41,874 | -7.2% |
| Stocks | 30/36 | €585,556 | €543,682 | -€41,874 | -7.2% |
| Amounts receivable within one year | 40/41 | €1,083,046 | €1,080,650 | -€2,396 | -0.2% |
| Trade receivables | 40 | €812,017 | €846,123 | +€34,106 | +4.2% |
| Other amounts receivable | 41 | €271,028 | €234,527 | -€36,502 | -13.5% |
| Cash at bank and in hand | 54/58 | €100,232 | €28,379 | -€71,853 | -71.7% |
| Deferred charges and accrued income | 490/1 | €9,260 | €5,358 | -€3,902 | -42.1% |
| Total equity and liabilities | 10/49 | €2,030,211 | €1,897,492 | -€132,719 | -6.5% |
| Equity | 10/15 | €742,193 | €850,278 | +€108,085 | +14.6% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €386,004 | €386,004 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,164 | €2,164 | = | 0.0% |
| Distributable reserves | 133 | €376,403 | €376,403 | = | 0.0% |
| Profit (loss) carried forward | 14 | €281,821 | €389,906 | +€108,085 | +38.4% |
| Amounts payable | 17/49 | €1,288,018 | €1,047,214 | -€240,804 | -18.7% |
| Amounts payable after more than one year | 17 | €81,898 | €53,156 | -€28,742 | -35.1% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €81,898 | €53,156 | -€28,742 | -35.1% |
| Amounts payable within one year | 42/48 | €1,203,668 | €994,058 | -€209,610 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €48,091 | €28,742 | -€19,349 | -40.2% |
| Financial debts | 43 | €409,799 | €451,403 | +€41,604 | +10.2% |
| Credit institutions | 430/8 | €409,799 | €451,403 | +€41,604 | +10.2% |
| Trade debts | 44 | €589,257 | €447,936 | -€141,321 | -24.0% |
| Suppliers | 440/4 | €589,257 | €447,936 | -€141,321 | -24.0% |
| Taxes, remuneration and social security | 45 | €156,521 | €65,977 | -€90,544 | -57.8% |
| Taxes | 450/3 | €77,668 | €26,869 | -€50,799 | -65.4% |
| Remuneration and social security | 454/9 | €78,852 | €39,108 | -€39,745 | -50.4% |
| Accrued charges and deferred income | 492/3 | €2,452 | €0 | -€2,452 | -100% |
| Remuneration, social security and pensions | 62 | €490,269 | €404,367 | -€85,902 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,667 | €80,726 | -€17,941 | -18.2% |
| Other operating charges | 640/8 | €97,051 | €19,975 | -€77,076 | -79.4% |
| Gross operating margin | 9900 | €353,778 | €632,315 | +€278,536 | +78.7% |
| Operating profit (loss) | 9901 | -€332,208 | €127,247 | +€459,455 | |
| Financial income | 75/76B | €7,968 | €8,398 | +€430 | +5.4% |
| Recurring financial income | 75 | €7,968 | €8,398 | +€430 | +5.4% |
| Financial charges | 65/66B | €21,481 | €26,906 | +€5,426 | +25.3% |
| Recurring financial charges | 65 | €21,481 | €26,906 | +€5,426 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€345,721 | €108,739 | +€454,460 | |
| Income taxes | 67/77 | €390 | €653 | +€263 | +67.4% |
| Profit (loss) for the period | 9904 | -€346,111 | €108,085 | +€454,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€346,111 | €108,085 | +€454,197 |
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.