ALIAX: 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.
ALIAX
Largest movements
- Tangible fixed assets +€194,621
up €194,621 (+13.3%), from €1.5m to €1.7m
of which Land and buildings: +€163,023
- Other debts +€102,478
up €102,478 (+24.2%), from €423,707 to €526,186
- Debts after one year +€66,249
up €66,249 (+6.8%), from €969,042 to €1.0m
- Trade debts +€25,519
up €25,519 (+211.8%), from €12,048 to €37,567
- Gross operating margin +€56,570
up €56,570 (+203.3%), from €27,832 to €84,402
- Depreciation +€39,805
up €39,805 (+176.2%), from €22,585 to €62,390
- Financial charges +€21,538
up €21,538 (+147.1%), from €14,637 to €36,175
- Financial income +€8,001
up €8,001 (+1778080.0%), from €0 to €8,002
of which Non-recurring financial income: +€8,000
- Other operating charges +€1,582
up €1,582 (+99.6%), from €1,588 to €3,169
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 | €1,463,851 | €1,664,611 | +€200,761 | +13.7% |
| Formation expenses | 20 | €1,532 | €1,058 | -€474 | -31.0% |
| Fixed assets | 21/28 | €1,460,166 | €1,654,787 | +€194,621 | +13.3% |
| Tangible fixed assets | 22/27 | €1,460,166 | €1,654,787 | +€194,621 | +13.3% |
| Land and buildings | 22 | €1,454,047 | €1,617,070 | +€163,023 | +11.2% |
| Plant, machinery and equipment | 23 | - | €32,887 | +€32,887 | |
| Furniture and vehicles | 24 | €6,119 | €4,829 | -€1,289 | -21.1% |
| Current assets | 29/58 | €2,153 | €8,767 | +€6,613 | +307.2% |
| Amounts receivable within one year | 40/41 | €460 | €4,346 | +€3,886 | +845.6% |
| Trade receivables | 40 | €445 | €4,306 | +€3,861 | +868.5% |
| Other amounts receivable | 41 | €15 | €40 | +€25 | +166.7% |
| Cash at bank and in hand | 54/58 | €101 | €2,829 | +€2,727 | +2688.8% |
| Deferred charges and accrued income | 490/1 | €1,592 | €1,592 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,463,851 | €1,664,611 | +€200,761 | +13.7% |
| Equity | 10/15 | -€2,685 | -€12,015 | -€9,330 | -347.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,685 | -€22,015 | -€9,330 | -73.6% |
| Amounts payable | 17/49 | €1,466,536 | €1,676,626 | +€210,091 | +14.3% |
| Amounts payable after more than one year | 17 | €969,042 | €1,035,291 | +€66,249 | +6.8% |
| Financial debts | 170/4 | €969,042 | €1,035,291 | +€66,249 | +6.8% |
| Amounts payable within one year | 42/48 | €497,297 | €641,335 | +€144,039 | +29.0% |
| Current portion of amounts payable after more than one year | 42 | €58,857 | €73,784 | +€14,927 | +25.4% |
| Trade debts | 44 | €12,048 | €37,567 | +€25,519 | +211.8% |
| Suppliers | 440/4 | €12,048 | €37,567 | +€25,519 | +211.8% |
| Taxes, remuneration and social security | 45 | €2,683 | €3,798 | +€1,115 | +41.5% |
| Taxes | 450/3 | €2,683 | €3,798 | +€1,115 | +41.5% |
| Other amounts payable | 47/48 | €423,707 | €526,186 | +€102,478 | +24.2% |
| Accrued charges and deferred income | 492/3 | €197 | - | -€197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,585 | €62,390 | +€39,805 | +176.2% |
| Other operating charges | 640/8 | €1,588 | €3,169 | +€1,582 | +99.6% |
| Gross operating margin | 9900 | €27,832 | €84,402 | +€56,570 | +203.3% |
| Operating profit (loss) | 9901 | €3,659 | €18,843 | +€15,184 | +415.0% |
| Financial income | 75/76B | €0 | €8,002 | +€8,001 | +1778080.0% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +302.2% |
| Non-recurring financial income | 76B | - | €8,000 | +€8,000 | |
| Financial charges | 65/66B | €14,637 | €36,175 | +€21,538 | +147.1% |
| Recurring financial charges | 65 | €14,637 | €36,175 | +€21,538 | +147.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,978 | -€9,330 | +€1,647 | +15.0% |
| Profit (loss) for the period | 9904 | -€10,978 | -€9,330 | +€1,647 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,978 | -€9,330 | +€1,647 | +15.0% |
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 10 October 2026 via checked.be.