Alia Maes: what changed
Alia Maes
Largest movements
- Financial fixed assets -€50,000
down €50,000 (-10.0%), from €500,000 to €450,000
- Receivables within one year +€15,730
up €15,730, from €0 to €15,730
of which Trade receivables: +€15,730
- Cash -€10,598
down €10,598 (-64.9%), from €16,335 to €5,737
mainly Debts after one year (-€33,945) and Net result for the year (-€19,724)
- Debts after one year -€33,945
down €33,945 (-17.3%), from €196,081 to €162,136
- Profit (loss) carried forward -€19,724
down €19,724, from €10,227 to -€9,496
- Tax, wage and social debts +€8,410
up €8,410 (+57.4%), from €14,659 to €23,069
- Financial charges +€47,993
up €47,993 (+455%), from €10,555 to €58,549
of which Non-recurring financial charges: +€50,000
- Gross operating margin +€23,956
up €23,956 (+71.4%), from €33,561 to €57,517
- Taxes +€8,302
up €8,302 (+116%), from €7,142 to €15,445
- Other operating charges +€623
up €623 (+29.6%), from €2,109 to €2,732
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €517,212 | €471,933 | -€45,280 | -8.8% |
| Fixed assets | 21/28 | €500,734 | €450,189 | -€50,545 | -10.1% |
| Tangible fixed assets | 22/27 | €734 | €189 | -€545 | -74.2% |
| Furniture and vehicles | 24 | €734 | €189 | -€545 | -74.2% |
| Financial fixed assets | 28 | €500,000 | €450,000 | -€50,000 | -10.0% |
| Current assets | 29/58 | €16,478 | €21,743 | +€5,265 | +32.0% |
| Amounts receivable within one year | 40/41 | €0 | €15,730 | +€15,730 | |
| Trade receivables | 40 | €0 | €15,730 | +€15,730 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €16,335 | €5,737 | -€10,598 | -64.9% |
| Deferred charges and accrued income | 490/1 | €144 | €277 | +€133 | +92.8% |
| Total equity and liabilities | 10/49 | €517,212 | €471,933 | -€45,280 | -8.8% |
| Equity | 10/15 | €15,227 | -€4,496 | -€19,724 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,227 | -€9,496 | -€19,724 | |
| Amounts payable | 17/49 | €501,985 | €476,429 | -€25,556 | -5.1% |
| Amounts payable after more than one year | 17 | €196,081 | €162,136 | -€33,945 | -17.3% |
| Financial debts | 170/4 | €196,081 | €162,136 | -€33,945 | -17.3% |
| Amounts payable within one year | 42/48 | €305,903 | €314,293 | +€8,389 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €32,740 | €33,945 | +€1,205 | +3.7% |
| Trade debts | 44 | €4,222 | €5,208 | +€987 | +23.4% |
| Suppliers | 440/4 | €4,222 | €5,208 | +€987 | +23.4% |
| Taxes, remuneration and social security | 45 | €14,659 | €23,069 | +€8,410 | +57.4% |
| Taxes | 450/3 | €14,659 | €23,069 | +€8,410 | +57.4% |
| Other amounts payable | 47/48 | €254,283 | €252,070 | -€2,212 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €545 | = | 0.0% |
| Other operating charges | 640/8 | €2,109 | €2,732 | +€623 | +29.6% |
| Non-recurring operating charges | 66A | €4,179 | €0 | -€4,179 | -100% |
| Gross operating margin | 9900 | €33,561 | €57,517 | +€23,956 | +71.4% |
| Operating profit (loss) | 9901 | €26,729 | €54,240 | +€27,511 | +103% |
| Financial income | 75/76B | €0 | €30 | +€30 | +24,692% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +24,692% |
| Financial charges | 65/66B | €10,555 | €58,549 | +€47,993 | +455% |
| Recurring financial charges | 65 | €10,555 | €8,549 | -€2,007 | -19.0% |
| Non-recurring financial charges | 66B | - | €50,000 | +€50,000 | |
| Profit (loss) for the period before taxes | 9903 | €16,174 | -€4,279 | -€20,453 | |
| Income taxes | 67/77 | €7,142 | €15,445 | +€8,302 | +116% |
| Profit (loss) for the period | 9904 | €9,031 | -€19,724 | -€28,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,031 | -€19,724 | -€28,755 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.