ALESLOAN: 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.
ALESLOAN
Largest movements
- Tangible fixed assets -€23,008
down €23,008 (-16.9%), from €135,966 to €112,958
of which Other tangible fixed assets: -€13,094
- Receivables within one year +€7,904
up €7,904 (+75.0%), from €10,531 to €18,435
of which Trade receivables: +€7,390
- Cash -€3,107
down €3,107 (-17.9%), from €17,320 to €14,213
mainly Debts after one year (-€9,738) and Receivables within one year (-€7,904)
- Debts after one year -€9,738
down €9,738 (-13.0%), from €74,689 to €64,951
- Other debts -€6,383
down €6,383 (-100%), from €6,383 to €0
- Tax, wage and social debts -€3,407
down €3,407 (-69.7%), from €4,890 to €1,483
- Gross operating margin +€6,141
up €6,141 (+24.9%), from €24,709 to €30,850
- Taxes +€1,728
up €1,728 (+199%), from €870 to €2,599
- Depreciation -€935
down €935 (-3.9%), from €23,848 to €22,914
- Other operating charges +€589
up €589 (+220%), from €267 to €856
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 | €224,692 | €207,643 | -€17,049 | -7.6% |
| Fixed assets | 21/28 | €135,966 | €112,958 | -€23,008 | -16.9% |
| Tangible fixed assets | 22/27 | €135,966 | €112,958 | -€23,008 | -16.9% |
| Furniture and vehicles | 24 | €37,167 | €27,253 | -€9,915 | -26.7% |
| Other tangible fixed assets | 26 | €98,799 | €85,705 | -€13,094 | -13.3% |
| Current assets | 29/58 | €88,726 | €94,685 | +€5,959 | +6.7% |
| Amounts receivable within one year | 40/41 | €10,531 | €18,435 | +€7,904 | +75.0% |
| Trade receivables | 40 | €7,609 | €14,999 | +€7,390 | +97.1% |
| Other amounts receivable | 41 | €2,922 | €3,436 | +€514 | +17.6% |
| Current investments | 50/53 | €58,252 | €58,252 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,320 | €14,213 | -€3,107 | -17.9% |
| Deferred charges and accrued income | 490/1 | €2,621 | €3,784 | +€1,163 | +44.4% |
| Total equity and liabilities | 10/49 | €224,692 | €207,643 | -€17,049 | -7.6% |
| Equity | 10/15 | €117,423 | €119,344 | +€1,922 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,223 | €113,144 | +€1,922 | +1.7% |
| Distributable reserves | 133 | €111,223 | €113,144 | +€1,922 | +1.7% |
| Amounts payable | 17/49 | €107,269 | €88,299 | -€18,971 | -17.7% |
| Amounts payable after more than one year | 17 | €74,689 | €64,951 | -€9,738 | -13.0% |
| Financial debts | 170/4 | €74,689 | €64,951 | -€9,738 | -13.0% |
| Amounts payable within one year | 42/48 | €32,580 | €23,348 | -€9,232 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €9,603 | €9,738 | +€136 | +1.4% |
| Trade debts | 44 | €11,705 | €12,127 | +€422 | +3.6% |
| Suppliers | 440/4 | €11,705 | €12,127 | +€422 | +3.6% |
| Taxes, remuneration and social security | 45 | €4,890 | €1,483 | -€3,407 | -69.7% |
| Taxes | 450/3 | €4,890 | €1,483 | -€3,407 | -69.7% |
| Other amounts payable | 47/48 | €6,383 | €0 | -€6,383 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,848 | €22,914 | -€935 | -3.9% |
| Other operating charges | 640/8 | €267 | €856 | +€589 | +220% |
| Gross operating margin | 9900 | €24,709 | €30,850 | +€6,141 | +24.9% |
| Operating profit (loss) | 9901 | €593 | €7,081 | +€6,488 | +1,094% |
| Financial income | 75/76B | €27 | €49 | +€23 | +86.0% |
| Recurring financial income | 75 | €27 | €49 | +€23 | +86.0% |
| Financial charges | 65/66B | €2,907 | €2,609 | -€297 | -10.2% |
| Recurring financial charges | 65 | €2,907 | €2,609 | -€297 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,287 | €4,521 | +€6,808 | |
| Income taxes | 67/77 | €870 | €2,599 | +€1,728 | +199% |
| Profit (loss) for the period | 9904 | -€3,158 | €1,922 | +€5,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,158 | €1,922 | +€5,079 |
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 14 October 2026 via checked.be.