ALIAMA: 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.
ALIAMA
Largest movements
- Tangible fixed assets -€48,973
down €48,973 (-10.0%), from €487,872 to €438,899
- Current assets +€38,891
up €38,891 (+10.5%), from €372,099 to €410,991
of which Current investments: +€52,187
- Equity -€11,059
down €11,059 (-1.3%), from €851,079 to €840,020
of which Reserves: -€11,059
- Gross operating margin -€7,962
down €7,962 (-15.1%), from €52,576 to €44,614
- Depreciation -€1,730
down €1,730 (-3.4%), from €50,703 to €48,973
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €859,972 | €849,890 | -€10,082 | -1.2% |
| Fixed assets | 21/28 | €487,872 | €438,899 | -€48,973 | -10.0% |
| Tangible fixed assets | 22/27 | €487,872 | €438,899 | -€48,973 | -10.0% |
| Current assets | 29/58 | €372,099 | €410,991 | +€38,891 | +10.5% |
| Amounts receivable within one year | 40/41 | €19,182 | €29,416 | +€10,234 | +53.4% |
| Current investments | 50/53 | €257,430 | €309,617 | +€52,187 | +20.3% |
| Cash at bank and in hand | 54/58 | €93,428 | €70,758 | -€22,669 | -24.3% |
| Total equity and liabilities | 10/49 | €859,972 | €849,890 | -€10,082 | -1.2% |
| Equity | 10/15 | €851,079 | €840,020 | -€11,059 | -1.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €789,079 | €778,020 | -€11,059 | -1.4% |
| Profit (loss) carried forward | 14 | -€47,421 | -€44,341 | +€3,080 | +6.5% |
| Amounts payable | 17/49 | €8,892 | €9,870 | +€977 | +11.0% |
| Amounts payable within one year | 42/48 | €7,834 | €7,020 | -€814 | -10.4% |
| Trade debts | 44 | €5,284 | €5,740 | +€456 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,703 | €48,973 | -€1,730 | -3.4% |
| Gross operating margin | 9900 | €52,576 | €44,614 | -€7,962 | -15.1% |
| Operating profit (loss) | 9901 | -€9,479 | -€15,044 | -€5,565 | -58.7% |
| Recurring financial income | 75 | €5,268 | €6,567 | +€1,299 | +24.7% |
| Recurring financial charges | 65 | -€23 | €232 | +€255 | |
| Profit (loss) for the period before taxes | 9903 | -€4,188 | -€8,710 | -€4,522 | -108.0% |
| Income taxes | 67/77 | €1,164 | €1,070 | -€94 | -8.1% |
| Profit (loss) for the period | 9904 | -€5,352 | -€9,779 | -€4,427 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,352 | -€9,779 | -€4,427 | -82.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.