ALENOVIA: 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.
ALENOVIA
Largest movements
- Cash +€37,878
up €37,878 (+141%), from €26,817 to €64,695
mainly Net result for the year (+€40,569) and Tax, wage and social debts (+€17,174)
- Tangible fixed assets -€9,181
down €9,181 (-37.9%), from €24,194 to €15,014
of which Furniture and vehicles: -€6,886
- Reserves +€30,000
up €30,000 (+54.5%), from €55,000 to €85,000
- Trade debts -€23,650
down €23,650 (-94.1%), from €25,145 to €1,495
- Tax, wage and social debts +€17,174
up €17,174 (+162%), from €10,591 to €27,765
- Profit (loss) carried forward +€10,569
up €10,569 (+32.4%), from €32,598 to €43,168
- Other debts -€6,373
down €6,373 (-100%), from €6,373 to €0
- Financial charges -€75,198
down €75,198 (-98.0%), from €76,695 to €1,497
- Taxes +€16,955
up €16,955 (+7,954%), from €213 to €17,169
- Other operating charges +€3,958
up €3,958 (+301%), from €1,314 to €5,272
- Depreciation +€1,391
up €1,391 (+17.9%), from €7,790 to €9,181
- Financial income +€963
new in 2025: €963
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 | €131,207 | €158,927 | +€27,721 | +21.1% |
| Fixed assets | 21/28 | €24,194 | €15,014 | -€9,181 | -37.9% |
| Tangible fixed assets | 22/27 | €24,194 | €15,014 | -€9,181 | -37.9% |
| Furniture and vehicles | 24 | €15,377 | €8,491 | -€6,886 | -44.8% |
| Other tangible fixed assets | 26 | €8,818 | €6,523 | -€2,295 | -26.0% |
| Current assets | 29/58 | €107,012 | €143,913 | +€36,901 | +34.5% |
| Amounts receivable within one year | 40/41 | €80,195 | €79,218 | -€977 | -1.2% |
| Trade receivables | 40 | €80,195 | €43,681 | -€36,514 | -45.5% |
| Other amounts receivable | 41 | - | €35,537 | +€35,537 | |
| Cash at bank and in hand | 54/58 | €26,817 | €64,695 | +€37,878 | +141% |
| Total equity and liabilities | 10/49 | €131,207 | €158,927 | +€27,721 | +21.1% |
| Equity | 10/15 | €89,098 | €129,668 | +€40,569 | +45.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,000 | €85,000 | +€30,000 | +54.5% |
| Distributable reserves | 133 | €55,000 | €85,000 | +€30,000 | +54.5% |
| Profit (loss) carried forward | 14 | €32,598 | €43,168 | +€10,569 | +32.4% |
| Amounts payable | 17/49 | €42,108 | €29,260 | -€12,849 | -30.5% |
| Amounts payable within one year | 42/48 | €42,108 | €29,260 | -€12,849 | -30.5% |
| Trade debts | 44 | €25,145 | €1,495 | -€23,650 | -94.1% |
| Suppliers | 440/4 | €25,145 | €1,495 | -€23,650 | -94.1% |
| Taxes, remuneration and social security | 45 | €10,591 | €27,765 | +€17,174 | +162% |
| Taxes | 450/3 | €10,591 | €27,765 | +€17,174 | +162% |
| Other amounts payable | 47/48 | €6,373 | €0 | -€6,373 | -100% |
| Remuneration, social security and pensions | 62 | - | €56 | +€56 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,790 | €9,181 | +€1,391 | +17.9% |
| Other operating charges | 640/8 | €1,314 | €5,272 | +€3,958 | +301% |
| Gross operating margin | 9900 | €72,427 | €72,781 | +€354 | +0.5% |
| Operating profit (loss) | 9901 | €63,323 | €58,272 | -€5,051 | -8.0% |
| Financial income | 75/76B | - | €963 | +€963 | |
| Recurring financial income | 75 | - | €963 | +€963 | |
| Financial charges | 65/66B | €76,695 | €1,497 | -€75,198 | -98.0% |
| Recurring financial charges | 65 | €76,695 | €1,497 | -€75,198 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,372 | €57,738 | +€71,110 | |
| Income taxes | 67/77 | €213 | €17,169 | +€16,955 | +7,954% |
| Profit (loss) for the period | 9904 | -€13,585 | €40,569 | +€54,154 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,585 | €40,569 | +€54,154 |
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 26 October 2026 via checked.be.