ALIAZ: 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.
ALIAZ
Largest movements
- Tangible fixed assets +€29,771
up €29,771 (+11.7%), from €254,552 to €284,324
of which Furniture and vehicles: +€39,096
- Stocks and contracts +€6,988
up €6,988 (+17.9%), from €38,988 to €45,976
- Cash +€5,010
up €5,010 (+35.3%), from €14,186 to €19,196
mainly Other debts (+€62,990) and Depreciation (+€19,792)
- Other debts +€62,990
up €62,990 (+89.1%), from €70,712 to €133,702
- Debts after one year -€18,959
down €18,959 (-9.4%), from €201,449 to €182,491
- Profit (loss) carried forward -€4,598
down €4,598 (-12.9%), from -€35,741 to -€40,339
- Gross operating margin -€10,657
down €10,657 (-18.0%), from €59,277 to €48,620
- Depreciation +€7,438
up €7,438 (+60.2%), from €12,354 to €19,792
- Staff costs +€1,695
up €1,695 (+8.6%), from €19,818 to €21,513
- Financial charges -€1,656
down €1,656 (-26.1%), from €6,337 to €4,681
- Taxes -€1,581
down €1,581 (-64.4%), from €2,456 to €875
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 | €310,367 | €352,136 | +€41,770 | +13.5% |
| Fixed assets | 21/28 | €257,192 | €286,964 | +€29,771 | +11.6% |
| Tangible fixed assets | 22/27 | €254,552 | €284,324 | +€29,771 | +11.7% |
| Land and buildings | 22 | €249,303 | €237,758 | -€11,546 | -4.6% |
| Plant, machinery and equipment | 23 | €5,249 | €7,470 | +€2,221 | +42.3% |
| Furniture and vehicles | 24 | - | €39,096 | +€39,096 | |
| Financial fixed assets | 28 | €2,640 | €2,640 | = | 0.0% |
| Current assets | 29/58 | €53,174 | €65,172 | +€11,998 | +22.6% |
| Stocks and contracts in progress | 3 | €38,988 | €45,976 | +€6,988 | +17.9% |
| Stocks | 30/36 | €38,988 | €45,976 | +€6,988 | +17.9% |
| Cash at bank and in hand | 54/58 | €14,186 | €19,196 | +€5,010 | +35.3% |
| Total equity and liabilities | 10/49 | €310,367 | €352,136 | +€41,770 | +13.5% |
| Equity | 10/15 | €14,259 | €9,661 | -€4,598 | -32.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,741 | -€40,339 | -€4,598 | -12.9% |
| Amounts payable | 17/49 | €296,108 | €342,475 | +€46,367 | +15.7% |
| Amounts payable after more than one year | 17 | €201,449 | €182,491 | -€18,959 | -9.4% |
| Financial debts | 170/4 | €201,449 | €182,491 | -€18,959 | -9.4% |
| Amounts payable within one year | 42/48 | €94,658 | €159,984 | +€65,326 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €18,587 | €18,959 | +€372 | +2.0% |
| Trade debts | 44 | €1,186 | €2,745 | +€1,559 | +131% |
| Suppliers | 440/4 | €1,186 | €2,745 | +€1,559 | +131% |
| Taxes, remuneration and social security | 45 | €4,173 | €4,579 | +€405 | +9.7% |
| Taxes | 450/3 | €4,123 | €968 | -€3,156 | -76.5% |
| Remuneration and social security | 454/9 | €50 | €3,611 | +€3,561 | +7,118% |
| Other amounts payable | 47/48 | €70,712 | €133,702 | +€62,990 | +89.1% |
| Remuneration, social security and pensions | 62 | €19,818 | €21,513 | +€1,695 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,354 | €19,792 | +€7,438 | +60.2% |
| Other operating charges | 640/8 | €5,772 | €6,358 | +€586 | +10.2% |
| Gross operating margin | 9900 | €59,277 | €48,620 | -€10,657 | -18.0% |
| Operating profit (loss) | 9901 | €21,334 | €958 | -€20,376 | -95.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -67.9% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -67.9% |
| Financial charges | 65/66B | €6,337 | €4,681 | -€1,656 | -26.1% |
| Recurring financial charges | 65 | €6,337 | €4,681 | -€1,656 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €14,998 | -€3,723 | -€18,721 | |
| Income taxes | 67/77 | €2,456 | €875 | -€1,581 | -64.4% |
| Profit (loss) for the period | 9904 | €12,542 | -€4,598 | -€17,140 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,542 | -€4,598 | -€17,140 |
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 28 October 2026 via checked.be.