ALERTO: 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.
ALERTO
Largest movements
- Receivables within one year +€655
up €655 (+5.6%), from €11,767 to €12,423
of which Other amounts receivable: +€2,004
- Cash +€531
up €531 (+13.1%), from €4,054 to €4,585
mainly Net result for the year (+€1,638) and Tax, wage and social debts (+€954)
- Profit (loss) carried forward +€1,638
up €1,638 (+59.3%), from -€2,762 to -€1,123
- Trade debts -€1,613
down €1,613 (-41.1%), from €3,926 to €2,313
- Tax, wage and social debts +€954
up €954 (+74.7%), from €1,278 to €2,232
- Accrued charges and deferred income +€271
up €271 (+47.1%), from €576 to €847
- Gross operating margin -€3,599
down €3,599 (-53.1%), from €6,783 to €3,184
- Taxes -€324
down €324 (-25.3%), from €1,278 to €954
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.
Cash bridge derived
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 | €15,848 | €17,099 | +€1,251 | +7.9% |
| Current assets | 29/58 | €15,848 | €17,099 | +€1,251 | +7.9% |
| Amounts receivable within one year | 40/41 | €11,767 | €12,423 | +€655 | +5.6% |
| Trade receivables | 40 | €11,132 | €9,783 | -€1,349 | -12.1% |
| Other amounts receivable | 41 | €635 | €2,640 | +€2,004 | +315.4% |
| Cash at bank and in hand | 54/58 | €4,054 | €4,585 | +€531 | +13.1% |
| Deferred charges and accrued income | 490/1 | €27 | €92 | +€66 | +247.2% |
| Total equity and liabilities | 10/49 | €15,848 | €17,099 | +€1,251 | +7.9% |
| Equity | 10/15 | €10,069 | €11,707 | +€1,638 | +16.3% |
| Contributions | 10/11 | €12,375 | €12,375 | = | 0.0% |
| Reserves | 13 | €456 | €456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €456 | €456 | = | 0.0% |
| Reserves not available under the articles | 1311 | €456 | €456 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,762 | -€1,123 | +€1,638 | +59.3% |
| Amounts payable | 17/49 | €5,779 | €5,392 | -€387 | -6.7% |
| Amounts payable within one year | 42/48 | €5,204 | €4,545 | -€658 | -12.7% |
| Trade debts | 44 | €3,926 | €2,313 | -€1,613 | -41.1% |
| Suppliers | 440/4 | €3,926 | €2,313 | -€1,613 | -41.1% |
| Taxes, remuneration and social security | 45 | €1,278 | €2,232 | +€954 | +74.7% |
| Taxes | 450/3 | €1,278 | €2,232 | +€954 | +74.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €576 | €847 | +€271 | +47.1% |
| Other operating charges | 640/8 | €574 | €587 | +€12 | +2.2% |
| Gross operating margin | 9900 | €6,783 | €3,184 | -€3,599 | -53.1% |
| Operating profit (loss) | 9901 | €6,208 | €2,597 | -€3,611 | -58.2% |
| Financial income | 75/76B | €27 | €92 | +€66 | +247.2% |
| Recurring financial income | 75 | €27 | €92 | +€66 | +247.2% |
| Financial charges | 65/66B | €101 | €97 | -€4 | -4.1% |
| Recurring financial charges | 65 | €101 | €97 | -€4 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €6,134 | €2,593 | -€3,541 | -57.7% |
| Income taxes | 67/77 | €1,278 | €954 | -€324 | -25.3% |
| Profit (loss) for the period | 9904 | €4,856 | €1,638 | -€3,218 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,856 | €1,638 | -€3,218 | -66.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.