ALI: 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.
ALI
Largest movements
- Receivables within one year +€8,093
up €8,093 (+247.6%), from €3,268 to €11,362
of which Trade receivables: +€6,437
- Tangible fixed assets -€7,478
down €7,478 (-17.7%), from €42,340 to €34,862
of which Furniture and vehicles: -€7,246
- Cash -€4,506
down €4,506 (-99.7%), from €4,520 to €15
mainly Other debts (-€18,784) and Receivables within one year (-€8,093)
- Other debts -€18,784
down €18,784 (-32.3%), from €58,194 to €39,411
- Reserves +€10,000
new in 2025: €10,000
- Trade debts +€9,284
up €9,284 (+13.5%), from €68,738 to €78,022
- Debts after one year -€4,022
down €4,022 (-70.2%), from €5,730 to €1,707
- Short-term financial debts +€2,561
new in 2025: €2,561
- Gross operating margin +€19,555
up €19,555 (+63.1%), from €31,005 to €50,560
- Staff costs +€10,337
up €10,337 (+192.0%), from €5,383 to €15,720
- Taxes +€3,131
new in 2025: €3,131
- Financial income +€2,698
up €2,698 (+30.7%), from €8,802 to €11,500
- Financial charges +€2,033
up €2,033 (+18.9%), from €10,737 to €12,770
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 | €159,449 | €156,711 | -€2,738 | -1.7% |
| Fixed assets | 21/28 | €48,040 | €40,562 | -€7,478 | -15.6% |
| Tangible fixed assets | 22/27 | €42,340 | €34,862 | -€7,478 | -17.7% |
| Plant, machinery and equipment | 23 | €7,668 | €5,393 | -€2,275 | -29.7% |
| Furniture and vehicles | 24 | €34,672 | €27,426 | -€7,246 | -20.9% |
| Other tangible fixed assets | 26 | - | €2,042 | +€2,042 | |
| Financial fixed assets | 28 | €5,700 | €5,700 | = | 0.0% |
| Current assets | 29/58 | €111,409 | €116,149 | +€4,740 | +4.3% |
| Stocks and contracts in progress | 3 | €103,100 | €104,140 | +€1,040 | +1.0% |
| Stocks | 30/36 | €103,100 | €104,140 | +€1,040 | +1.0% |
| Amounts receivable within one year | 40/41 | €3,268 | €11,362 | +€8,093 | +247.6% |
| Trade receivables | 40 | €2,982 | €9,419 | +€6,437 | +215.9% |
| Other amounts receivable | 41 | €287 | €1,943 | +€1,656 | +577.5% |
| Cash at bank and in hand | 54/58 | €4,520 | €15 | -€4,506 | -99.7% |
| Deferred charges and accrued income | 490/1 | €521 | €633 | +€112 | +21.6% |
| Total equity and liabilities | 10/49 | €159,449 | €156,711 | -€2,738 | -1.7% |
| Equity | 10/15 | €15,113 | €24,905 | +€9,793 | +64.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €5,113 | €4,905 | -€207 | -4.1% |
| Amounts payable | 17/49 | €144,337 | €131,806 | -€12,531 | -8.7% |
| Amounts payable after more than one year | 17 | €5,730 | €1,707 | -€4,022 | -70.2% |
| Financial debts | 170/4 | €5,730 | €1,707 | -€4,022 | -70.2% |
| Amounts payable within one year | 42/48 | €133,649 | €126,643 | -€7,006 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €3,919 | €4,022 | +€104 | +2.6% |
| Financial debts | 43 | - | €2,561 | +€2,561 | |
| Credit institutions | 430/8 | - | €2,561 | +€2,561 | |
| Trade debts | 44 | €68,738 | €78,022 | +€9,284 | +13.5% |
| Suppliers | 440/4 | €68,738 | €78,022 | +€9,284 | +13.5% |
| Taxes, remuneration and social security | 45 | €2,798 | €2,627 | -€171 | -6.1% |
| Taxes | 450/3 | €841 | €279 | -€563 | -66.9% |
| Remuneration and social security | 454/9 | €1,957 | €2,349 | +€392 | +20.0% |
| Other amounts payable | 47/48 | €58,194 | €39,411 | -€18,784 | -32.3% |
| Accrued charges and deferred income | 492/3 | €4,958 | €3,455 | -€1,503 | -30.3% |
| Remuneration, social security and pensions | 62 | €5,383 | €15,720 | +€10,337 | +192.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,338 | €12,778 | -€1,561 | -10.9% |
| Other operating charges | 640/8 | €8,269 | €7,869 | -€401 | -4.8% |
| Gross operating margin | 9900 | €31,005 | €50,560 | +€19,555 | +63.1% |
| Operating profit (loss) | 9901 | €3,014 | €14,193 | +€11,179 | +370.9% |
| Financial income | 75/76B | €8,802 | €11,500 | +€2,698 | +30.7% |
| Recurring financial income | 75 | €8,802 | €11,500 | +€2,698 | +30.7% |
| Financial charges | 65/66B | €10,737 | €12,770 | +€2,033 | +18.9% |
| Recurring financial charges | 65 | €10,737 | €12,770 | +€2,033 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €1,080 | €12,924 | +€11,844 | +1097.1% |
| Income taxes | 67/77 | - | €3,131 | +€3,131 | |
| Profit (loss) for the period | 9904 | €1,080 | €9,793 | +€8,713 | +807.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,080 | €9,793 | +€8,713 | +807.1% |
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 7 October 2026 via checked.be.