Alemundi: 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.
Alemundi
Largest movements
- Receivables within one year +€50,310
up €50,310 (+277%), from €18,193 to €68,503
of which Trade receivables: +€45,547
- Current investments +€21,878
new in 2025: €21,878
- Cash -€16,727
down €16,727 (-46.3%), from €36,103 to €19,376
mainly Receivables within one year (-€50,310) and Current investments (-€21,878)
- Tangible fixed assets +€8,847
up €8,847 (+81.0%), from €10,923 to €19,770
of which Other tangible fixed assets: +€4,955
- Trade debts +€38,825
up €38,825 (+1,262%), from €3,077 to €41,902
- Provisions +€34,745
new in 2025: €34,745
- Profit (loss) carried forward -€13,087
down €13,087 (-29.3%), from €44,667 to €31,579
- Tax, wage and social debts +€5,060
up €5,060 (+36.5%), from €13,881 to €18,941
- Other debts -€1,394
down €1,394 (-100%), from €1,394 to €0
- Provisions +€34,745
new in 2025: €34,745
- Gross operating margin -€27,003
down €27,003 (-43.6%), from €61,938 to €34,935
- Taxes -€4,806
down €4,806 (-37.1%), from €12,945 to €8,139
- Depreciation +€3,151
up €3,151 (+2,567%), from €123 to €3,274
- Financial charges -€1,298
down €1,298 (-31.8%), from €4,083 to €2,785
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 | €65,519 | €129,667 | +€64,149 | +97.9% |
| Fixed assets | 21/28 | €10,923 | €19,770 | +€8,847 | +81.0% |
| Tangible fixed assets | 22/27 | €10,923 | €19,770 | +€8,847 | +81.0% |
| Furniture and vehicles | 24 | €1,611 | €5,503 | +€3,893 | +242% |
| Other tangible fixed assets | 26 | €9,312 | €14,267 | +€4,955 | +53.2% |
| Current assets | 29/58 | €54,596 | €109,897 | +€55,301 | +101% |
| Amounts receivable within one year | 40/41 | €18,193 | €68,503 | +€50,310 | +277% |
| Trade receivables | 40 | €16,093 | €61,640 | +€45,547 | +283% |
| Other amounts receivable | 41 | €2,100 | €6,863 | +€4,763 | +227% |
| Current investments | 50/53 | - | €21,878 | +€21,878 | |
| Cash at bank and in hand | 54/58 | €36,103 | €19,376 | -€16,727 | -46.3% |
| Deferred charges and accrued income | 490/1 | €300 | €141 | -€159 | -53.0% |
| Total equity and liabilities | 10/49 | €65,519 | €129,667 | +€64,149 | +97.9% |
| Equity | 10/15 | €47,167 | €34,079 | -€13,087 | -27.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,667 | €31,579 | -€13,087 | -29.3% |
| Provisions and deferred taxes | 16 | - | €34,745 | +€34,745 | |
| Provisions for liabilities and charges | 160/5 | - | €34,745 | +€34,745 | |
| Other liabilities and charges | 164/5 | - | €34,745 | +€34,745 | |
| Amounts payable | 17/49 | €18,352 | €60,843 | +€42,491 | +232% |
| Amounts payable within one year | 42/48 | €18,352 | €60,843 | +€42,491 | +232% |
| Trade debts | 44 | €3,077 | €41,902 | +€38,825 | +1,262% |
| Suppliers | 440/4 | €3,077 | €41,902 | +€38,825 | +1,262% |
| Taxes, remuneration and social security | 45 | €13,881 | €18,941 | +€5,060 | +36.5% |
| Taxes | 450/3 | €13,881 | €18,941 | +€5,060 | +36.5% |
| Other amounts payable | 47/48 | €1,394 | €0 | -€1,394 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €3,274 | +€3,151 | +2,567% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €34,745 | +€34,745 | |
| Other operating charges | 640/8 | €130 | €359 | +€229 | +176% |
| Gross operating margin | 9900 | €61,938 | €34,935 | -€27,003 | -43.6% |
| Operating profit (loss) | 9901 | €61,685 | -€3,444 | -€65,129 | |
| Financial income | 75/76B | €9 | €1,280 | +€1,271 | +13,417% |
| Recurring financial income | 75 | €9 | €1,280 | +€1,271 | +13,417% |
| Financial charges | 65/66B | €4,083 | €2,785 | -€1,298 | -31.8% |
| Recurring financial charges | 65 | €4,083 | €2,785 | -€1,298 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €57,612 | -€4,949 | -€62,561 | |
| Income taxes | 67/77 | €12,945 | €8,139 | -€4,806 | -37.1% |
| Profit (loss) for the period | 9904 | €44,667 | -€13,087 | -€57,754 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,667 | -€13,087 | -€57,754 |
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 18 October 2026 via checked.be.