ALIAXIS: 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.
What changed
ALIAXIS
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€84.1m
2024 · €101.7m-€17.6m
Equity
€1.43bn
2024 · €1.39bn+€41.0m
Cash
€45,786
2024 · €16,181+€29,605
Balance sheet total
€1.53bn
2024 · €1.48bn+€49.5m
Largest movements
Assets
- Financial fixed assets +€65.0m
up €65.0m (+4.4%), from €1.46bn to €1.53bn
- Receivables within one year -€15.5m
down €15.5m (-87.6%), from €17.7m to €2.2m
of which Other amounts receivable: -€15.5m
Equity and liabilities
- Profit (loss) carried forward +€41.0m
up €41.0m (+15.3%), from €267.4m to €308.4m
Income statement
- Financial income -€18.8m
down €18.8m (-17.9%), from €105.2m to €86.3m
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.
Result 2024
€101.7m
Staff costs
-€1,171
Other operating charges
-€31
Other operating items
+€1.2m
Financial income
-€18.8m
Financial charges
+€3,759
Taxes
-€500
Result 2025
€84.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€108.1m
Investment
-€65.0m
Financing
-€43.1m
Cash 2024
€16,181
From operations (derived)
+€108.1m
Net result for the year
+€84.1m
Receivables within one year
+€15.5m
Smaller working-capital items
+€17,584
Other debts
+€8.5m
Investment (derived)
-€65.0m
Investment in fixed assets (net)
-€65.0m
Financing
-€43.1m
Short-term financial debts
-€507
Contributions, distributions and other
-€43.1m
Cash 2025
€45,786
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,480,117,767 | €1,529,646,985 | +€49.5m | +3.3% |
| Fixed assets | 21/28 | €1,462,349,156 | €1,527,349,158 | +€65.0m | +4.4% |
| Financial fixed assets | 28 | €1,462,349,156 | €1,527,349,158 | +€65.0m | +4.4% |
| Affiliated companies | 280/1 | €1,462,349,156 | €1,527,349,158 | +€65.0m | +4.4% |
| Participating interests | 280 | €1,462,349,156 | €1,527,349,158 | +€65.0m | +4.4% |
| Current assets | 29/58 | €17,768,612 | €2,297,828 | -€15.5m | -87.1% |
| Amounts receivable within one year | 40/41 | €17,735,550 | €2,201,615 | -€15.5m | -87.6% |
| Trade receivables | 40 | - | €7,189 | +€7,189 | |
| Other amounts receivable | 41 | €17,735,550 | €2,194,426 | -€15.5m | -87.6% |
| Cash at bank and in hand | 54/58 | €16,181 | €45,786 | +€29,605 | +183% |
| Deferred charges and accrued income | 490/1 | €16,881 | €50,426 | +€33,545 | +199% |
| Total equity and liabilities | 10/49 | €1,480,117,767 | €1,529,646,985 | +€49.5m | +3.3% |
| Equity | 10/15 | €1,392,402,675 | €1,433,398,496 | +€41.0m | +2.9% |
| Contributions | 10/11 | €75,998,463 | €75,998,463 | = | 0.0% |
| Capital | 10 | €62,666,367 | €62,666,367 | = | 0.0% |
| Issued capital | 100 | €62,666,367 | €62,666,367 | = | 0.0% |
| Contributions outside capital | 11 | €13,332,096 | €13,332,096 | = | 0.0% |
| Share premium | 1100/10 | €13,332,096 | €13,332,096 | = | 0.0% |
| Revaluation surpluses | 12 | €91,920 | €91,920 | = | 0.0% |
| Reserves | 13 | €1,048,921,521 | €1,048,921,521 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,084,243 | €15,084,243 | = | 0.0% |
| Legal reserve | 130 | €15,084,243 | €15,084,243 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,837,278 | €33,837,278 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000,000 | €1,000,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €267,390,771 | €308,386,592 | +€41.0m | +15.3% |
| Amounts payable | 17/49 | €87,715,092 | €96,248,490 | +€8.5m | +9.7% |
| Amounts payable within one year | 42/48 | €87,715,092 | €96,247,982 | +€8.5m | +9.7% |
| Financial debts | 43 | €507 | - | -€507 | |
| Credit institutions | 430/8 | €507 | - | -€507 | |
| Trade debts | 44 | €419,815 | €469,917 | +€50,103 | +11.9% |
| Suppliers | 440/4 | €419,815 | €469,917 | +€50,103 | +11.9% |
| Taxes, remuneration and social security | 45 | - | €518 | +€518 | |
| Remuneration and social security | 454/9 | - | €518 | +€518 | |
| Other amounts payable | 47/48 | €87,294,770 | €95,777,547 | +€8.5m | +9.7% |
| Accrued charges and deferred income | 492/3 | - | €507 | +€507 | |
| Operating income | 70/76A | - | €973,871 | +€973,871 | |
| Non-recurring operating income | 76A | - | €973,871 | +€973,871 | |
| Operating charges | 60/66A | €3,442,177 | €3,204,446 | -€237,732 | -6.9% |
| Services and other goods | 61 | €3,433,062 | €3,194,129 | -€238,933 | -7.0% |
| Remuneration, social security and pensions | 62 | €8,147 | €9,318 | +€1,171 | +14.4% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | -€3,442,177 | -€2,230,574 | +€1.2m | +35.2% |
| Financial income | 75/76B | €105,158,901 | €86,346,801 | -€18.8m | -17.9% |
| Recurring financial income | 75 | €105,158,901 | €86,346,801 | -€18.8m | -17.9% |
| Income from financial fixed assets | 750 | €104,799,994 | €85,999,991 | -€18.8m | -17.9% |
| Income from current assets | 751 | €357,111 | €339,617 | -€17,494 | -4.9% |
| Other financial income | 752/9 | €1,796 | €7,193 | +€5,398 | +301% |
| Financial charges | 65/66B | €17,277 | €13,518 | -€3,759 | -21.8% |
| Recurring financial charges | 65 | €17,277 | €13,518 | -€3,759 | -21.8% |
| Debt charges | 650 | €692 | - | -€692 | |
| Other financial charges | 652/9 | €16,585 | €13,518 | -€3,066 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €101,699,447 | €84,102,709 | -€17.6m | -17.3% |
| Income taxes | 67/77 | -€498 | €3 | +€500 | |
| Taxes | 670/3 | €21 | €3 | -€19 | -87.7% |
| Tax adjustments and reversals of tax provisions | 77 | €519 | - | -€519 | |
| Profit (loss) for the period | 9904 | €101,699,944 | €84,102,706 | -€17.6m | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €101,699,944 | €84,102,706 | -€17.6m | -17.3% |
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 14 October 2026 via checked.be.