ALELA: 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.
ALELA
Largest movements
- Cash +€61,874
up €61,874 (+351%), from €17,611 to €79,485
mainly Trade debts (+€95,555) and Receivables within one year (+€15,676)
- Receivables within one year -€15,676
down €15,676 (-9.9%), from €157,722 to €142,047
of which Trade receivables: -€46,786
- Tangible fixed assets +€7,244
up €7,244 (+937%), from €773 to €8,017
of which Other tangible fixed assets: +€7,592
- Trade debts +€95,555
up €95,555 (+1,508%), from €6,337 to €101,892
- Other debts -€51,531
no longer reported in 2025 (was €51,531)
- Reserves +€7,359
up €7,359 (+8.9%), from €82,787 to €90,146
- Gross operating margin -€203,287
down €203,287 (-93.7%), from €216,914 to €13,627
- Write-downs -€100,000
no longer reported in 2025 (was €100,000)
- Taxes -€29,067
down €29,067 (-84.1%), from €34,567 to €5,500
- Other operating charges -€2,624
down €2,624 (-86.8%), from €3,024 to €400
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 | €176,106 | €229,549 | +€53,443 | +30.3% |
| Fixed assets | 21/28 | €773 | €8,017 | +€7,244 | +937% |
| Tangible fixed assets | 22/27 | €773 | €8,017 | +€7,244 | +937% |
| Furniture and vehicles | 24 | €773 | €425 | -€348 | -45.0% |
| Other tangible fixed assets | 26 | - | €7,592 | +€7,592 | |
| Current assets | 29/58 | €175,333 | €221,532 | +€46,199 | +26.3% |
| Amounts receivable within one year | 40/41 | €157,722 | €142,047 | -€15,676 | -9.9% |
| Trade receivables | 40 | €157,248 | €110,463 | -€46,786 | -29.8% |
| Other amounts receivable | 41 | €474 | €31,584 | +€31,110 | +6,564% |
| Cash at bank and in hand | 54/58 | €17,611 | €79,485 | +€61,874 | +351% |
| Total equity and liabilities | 10/49 | €176,106 | €229,549 | +€53,443 | +30.3% |
| Equity | 10/15 | €88,987 | €96,346 | +€7,359 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,787 | €90,146 | +€7,359 | +8.9% |
| Distributable reserves | 133 | €82,787 | €90,146 | +€7,359 | +8.9% |
| Amounts payable | 17/49 | €87,119 | €133,203 | +€46,083 | +52.9% |
| Amounts payable within one year | 42/48 | €87,111 | €131,203 | +€44,092 | +50.6% |
| Financial debts | 43 | €1,286 | €28 | -€1,259 | -97.8% |
| Credit institutions | 430/8 | €1,286 | €28 | -€1,259 | -97.8% |
| Trade debts | 44 | €6,337 | €101,892 | +€95,555 | +1,508% |
| Suppliers | 440/4 | €6,337 | €101,892 | +€95,555 | +1,508% |
| Taxes, remuneration and social security | 45 | €27,956 | €29,283 | +€1,326 | +4.7% |
| Taxes | 450/3 | €27,956 | €29,283 | +€1,326 | +4.7% |
| Other amounts payable | 47/48 | €51,531 | - | -€51,531 | |
| Accrued charges and deferred income | 492/3 | €9 | €2,000 | +€1,991 | +23,156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271 | €377 | +€106 | +39.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100,000 | - | -€100,000 | |
| Other operating charges | 640/8 | €3,024 | €400 | -€2,624 | -86.8% |
| Gross operating margin | 9900 | €216,914 | €13,627 | -€203,287 | -93.7% |
| Operating profit (loss) | 9901 | €113,620 | €12,850 | -€100,769 | -88.7% |
| Financial income | 75/76B | €151 | €167 | +€16 | +10.7% |
| Recurring financial income | 75 | €151 | €167 | +€16 | +10.7% |
| Financial charges | 65/66B | €174 | €158 | -€16 | -9.2% |
| Recurring financial charges | 65 | €174 | €158 | -€16 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €113,597 | €12,860 | -€100,737 | -88.7% |
| Income taxes | 67/77 | €34,567 | €5,500 | -€29,067 | -84.1% |
| Profit (loss) for the period | 9904 | €79,030 | €7,359 | -€71,671 | -90.7% |
| Profit (loss) for the period to be appropriated | 9905 | €79,030 | €7,359 | -€71,671 | -90.7% |
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 20 October 2026 via checked.be.