ALI EREN: 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.
ALI EREN
Largest movements
- Stocks and contracts +€5,007
up €5,007 (+6.4%), from €78,657 to €83,664
- Cash -€2,709
down €2,709 (-49.2%), from €5,505 to €2,797
mainly Trade debts (-€10,903) and Stocks and contracts (-€5,007)
- Tangible fixed assets -€1,727
down €1,727 (-33.2%), from €5,200 to €3,473
- Trade debts -€10,903
down €10,903 (-20.9%), from €52,165 to €41,262
- Other debts +€9,055
up €9,055 (+8.0%), from €112,682 to €121,737
- Profit (loss) carried forward +€6,968
up €6,968 (+8.4%), from -€83,199 to -€76,231
- Tax, wage and social debts -€4,490
down €4,490 (-29.9%), from €15,013 to €10,523
of which Remuneration and social security: -€3,209
- Staff costs +€26,349
up €26,349 (+304%), from €8,663 to €35,012
- Gross operating margin +€25,773
up €25,773 (+130%), from €19,824 to €45,597
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 | €96,662 | €97,293 | +€631 | +0.7% |
| Fixed assets | 21/28 | €11,860 | €10,133 | -€1,727 | -14.6% |
| Tangible fixed assets | 22/27 | €5,200 | €3,473 | -€1,727 | -33.2% |
| Furniture and vehicles | 24 | €5,200 | €3,473 | -€1,727 | -33.2% |
| Financial fixed assets | 28 | €6,660 | €6,660 | = | 0.0% |
| Current assets | 29/58 | €84,802 | €87,160 | +€2,358 | +2.8% |
| Stocks and contracts in progress | 3 | €78,657 | €83,664 | +€5,007 | +6.4% |
| Stocks | 30/36 | €78,657 | €83,664 | +€5,007 | +6.4% |
| Amounts receivable within one year | 40/41 | - | €60 | +€60 | |
| Trade receivables | 40 | - | €60 | +€60 | |
| Cash at bank and in hand | 54/58 | €5,505 | €2,797 | -€2,709 | -49.2% |
| Deferred charges and accrued income | 490/1 | €640 | €640 | = | 0.0% |
| Total equity and liabilities | 10/49 | €96,662 | €97,293 | +€631 | +0.7% |
| Equity | 10/15 | -€83,198 | -€76,230 | +€6,968 | +8.4% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Contributions outside capital | 11 | €1 | €1 | = | 0.0% |
| Other | 1109/19 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,199 | -€76,231 | +€6,968 | +8.4% |
| Amounts payable | 17/49 | €179,860 | €173,522 | -€6,338 | -3.5% |
| Amounts payable within one year | 42/48 | €179,860 | €173,522 | -€6,338 | -3.5% |
| Trade debts | 44 | €52,165 | €41,262 | -€10,903 | -20.9% |
| Suppliers | 440/4 | €52,165 | €41,262 | -€10,903 | -20.9% |
| Taxes, remuneration and social security | 45 | €15,013 | €10,523 | -€4,490 | -29.9% |
| Taxes | 450/3 | €11,804 | €10,523 | -€1,281 | -10.9% |
| Remuneration and social security | 454/9 | €3,209 | - | -€3,209 | |
| Other amounts payable | 47/48 | €112,682 | €121,737 | +€9,055 | +8.0% |
| Remuneration, social security and pensions | 62 | €8,663 | €35,012 | +€26,349 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,036 | €3,036 | = | 0.0% |
| Other operating charges | 640/8 | €636 | €426 | -€210 | -33.1% |
| Gross operating margin | 9900 | €19,824 | €45,597 | +€25,773 | +130% |
| Operating profit (loss) | 9901 | €7,489 | €7,124 | -€366 | -4.9% |
| Financial charges | 65/66B | €144 | €155 | +€12 | +8.0% |
| Recurring financial charges | 65 | €144 | €155 | +€12 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €7,345 | €6,968 | -€377 | -5.1% |
| Profit (loss) for the period | 9904 | €7,345 | €6,968 | -€377 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,345 | €6,968 | -€377 | -5.1% |
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 29 October 2026 via checked.be.