ALERMAN: 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.
ALERMAN
Largest movements
- Cash +€14,405
up €14,405 (+312.6%), from €4,609 to €19,013
mainly Depreciation (+€11,189) and Net result for the year (+€8,632)
- Tangible fixed assets -€11,189
down €11,189 (-15.9%), from €70,468 to €59,279
of which Plant, machinery and equipment: -€11,189
- Profit (loss) carried forward +€8,632
up €8,632 (+9.0%), from -€95,956 to -€87,324
- Other debts -€2,901
down €2,901 (-71.3%), from €4,071 to €1,170
- Accrued charges and deferred income -€2,158
down €2,158 (-84.9%), from €2,543 to €384
- Gross operating margin +€23,999
up €23,999, from -€1,838 to €22,161
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,077 | €78,292 | +€3,215 | +4.3% |
| Fixed assets | 21/28 | €70,468 | €59,279 | -€11,189 | -15.9% |
| Tangible fixed assets | 22/27 | €70,468 | €59,279 | -€11,189 | -15.9% |
| Land and buildings | 22 | €22,322 | €22,322 | = | 0.0% |
| Plant, machinery and equipment | 23 | €48,147 | €36,957 | -€11,189 | -23.2% |
| Current assets | 29/58 | €4,609 | €19,013 | +€14,405 | +312.6% |
| Cash at bank and in hand | 54/58 | €4,609 | €19,013 | +€14,405 | +312.6% |
| Total equity and liabilities | 10/49 | €75,077 | €78,292 | +€3,215 | +4.3% |
| Equity | 10/15 | -€77,238 | -€68,605 | +€8,632 | +11.2% |
| Contributions | 10/11 | €18,718 | €18,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,956 | -€87,324 | +€8,632 | +9.0% |
| Amounts payable | 17/49 | €152,315 | €146,897 | -€5,417 | -3.6% |
| Amounts payable after more than one year | 17 | €143,609 | €143,609 | = | 0.0% |
| Other amounts payable | 178/9 | €143,609 | €143,609 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,163 | €2,904 | -€3,259 | -52.9% |
| Trade debts | 44 | €2,092 | €1,734 | -€358 | -17.1% |
| Suppliers | 440/4 | €2,092 | €1,734 | -€358 | -17.1% |
| Other amounts payable | 47/48 | €4,071 | €1,170 | -€2,901 | -71.3% |
| Accrued charges and deferred income | 492/3 | €2,543 | €384 | -€2,158 | -84.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,189 | €11,189 | = | 0.0% |
| Other operating charges | 640/8 | €2,158 | €2,256 | +€98 | +4.5% |
| Gross operating margin | 9900 | -€1,838 | €22,161 | +€23,999 | |
| Operating profit (loss) | 9901 | -€15,186 | €8,715 | +€23,901 | |
| Financial charges | 65/66B | €78 | €83 | +€5 | +5.8% |
| Recurring financial charges | 65 | €78 | €83 | +€5 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,264 | €8,632 | +€23,896 | |
| Profit (loss) for the period | 9904 | -€15,264 | €8,632 | +€23,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,264 | €8,632 | +€23,896 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.