Alesta: 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.
Alesta
Largest movements
- Cash -€73,261
down €73,261 (-34.5%), from €212,102 to €138,842
mainly Net result for the year (-€31,501) and Debts after one year (-€30,264)
- Financial fixed assets -€49,513
down €49,513 (-27.3%), from €181,167 to €131,654
- Tangible fixed assets +€37,913
up €37,913 (+21.6%), from €175,784 to €213,697
of which Land and buildings: +€97,368
- Receivables within one year -€20,118
down €20,118 (-14.0%), from €143,989 to €123,871
of which Trade receivables: -€49,189
- Reserves -€31,501
down €31,501 (-7.2%), from €439,257 to €407,756
- Debts after one year -€30,264
down €30,264 (-20.5%), from €147,353 to €117,088
- Accrued charges and deferred income -€25,850
down €25,850 (-91.2%), from €28,350 to €2,500
- Trade debts -€7,827
down €7,827 (-31.4%), from €24,912 to €17,085
- Gross operating margin -€170,556
down €170,556 (-65.0%), from €262,553 to €91,997
- Staff costs -€61,629
no longer reported in 2025 (was €61,629)
- Financial charges +€52,345
up €52,345 (+913%), from €5,735 to €58,080
of which Non-recurring financial charges: +€49,513
- Taxes -€7,084
down €7,084 (-76.5%), from €9,264 to €2,181
- Other operating charges +€4,250
up €4,250 (+72.3%), from €5,880 to €10,131
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 | €716,188 | €614,120 | -€102,068 | -14.3% |
| Formation expenses | 20 | €482 | €266 | -€216 | -44.8% |
| Fixed assets | 21/28 | €356,950 | €345,350 | -€11,600 | -3.2% |
| Tangible fixed assets | 22/27 | €175,784 | €213,697 | +€37,913 | +21.6% |
| Land and buildings | 22 | €20,851 | €118,219 | +€97,368 | +467% |
| Plant, machinery and equipment | 23 | €26,602 | €8,517 | -€18,085 | -68.0% |
| Furniture and vehicles | 24 | €61,325 | €34,363 | -€26,961 | -44.0% |
| Leasing and similar rights | 25 | €67,006 | €52,597 | -€14,409 | -21.5% |
| Financial fixed assets | 28 | €181,167 | €131,654 | -€49,513 | -27.3% |
| Current assets | 29/58 | €358,756 | €268,503 | -€90,252 | -25.2% |
| Amounts receivable within one year | 40/41 | €143,989 | €123,871 | -€20,118 | -14.0% |
| Trade receivables | 40 | €62,703 | €13,514 | -€49,189 | -78.4% |
| Other amounts receivable | 41 | €81,286 | €110,357 | +€29,071 | +35.8% |
| Cash at bank and in hand | 54/58 | €212,102 | €138,842 | -€73,261 | -34.5% |
| Deferred charges and accrued income | 490/1 | €2,664 | €5,790 | +€3,126 | +117% |
| Total equity and liabilities | 10/49 | €716,188 | €614,120 | -€102,068 | -14.3% |
| Equity | 10/15 | €469,257 | €437,756 | -€31,501 | -6.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €439,257 | €407,756 | -€31,501 | -7.2% |
| Distributable reserves | 133 | €439,257 | €407,756 | -€31,501 | -7.2% |
| Amounts payable | 17/49 | €246,931 | €176,364 | -€70,567 | -28.6% |
| Amounts payable after more than one year | 17 | €147,353 | €117,088 | -€30,264 | -20.5% |
| Financial debts | 170/4 | €147,353 | €117,088 | -€30,264 | -20.5% |
| Amounts payable within one year | 42/48 | €71,228 | €56,776 | -€14,452 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €31,266 | €30,264 | -€1,002 | -3.2% |
| Trade debts | 44 | €24,912 | €17,085 | -€7,827 | -31.4% |
| Suppliers | 440/4 | €24,912 | €17,085 | -€7,827 | -31.4% |
| Taxes, remuneration and social security | 45 | €15,049 | €9,426 | -€5,623 | -37.4% |
| Taxes | 450/3 | €15,049 | €9,426 | -€5,623 | -37.4% |
| Accrued charges and deferred income | 492/3 | €28,350 | €2,500 | -€25,850 | -91.2% |
| Non-recurring operating income | 76A | €1,281 | - | -€1,281 | |
| Remuneration, social security and pensions | 62 | €61,629 | - | -€61,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,042 | €35,262 | +€3,220 | +10.0% |
| Other operating charges | 640/8 | €5,880 | €10,131 | +€4,250 | +72.3% |
| Non-recurring operating charges | 66A | €130,042 | €22,593 | -€107,450 | -82.6% |
| Gross operating margin | 9900 | €262,553 | €91,997 | -€170,556 | -65.0% |
| Operating profit (loss) | 9901 | €32,959 | €24,012 | -€8,948 | -27.1% |
| Financial income | 75/76B | €2,444 | €4,748 | +€2,304 | +94.3% |
| Recurring financial income | 75 | €2,283 | €4,748 | +€2,465 | +108% |
| Non-recurring financial income | 76B | €161 | - | -€161 | |
| Financial charges | 65/66B | €5,735 | €58,080 | +€52,345 | +913% |
| Recurring financial charges | 65 | €5,735 | €8,567 | +€2,832 | +49.4% |
| Non-recurring financial charges | 66B | - | €49,513 | +€49,513 | |
| Profit (loss) for the period before taxes | 9903 | €29,668 | -€29,321 | -€58,988 | |
| Income taxes | 67/77 | €9,264 | €2,181 | -€7,084 | -76.5% |
| Profit (loss) for the period | 9904 | €20,403 | -€31,501 | -€51,905 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,403 | -€31,501 | -€51,905 |
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 24 October 2026 via checked.be.