ALIBA: 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.
ALIBA
Largest movements
- Tangible fixed assets +€482,659
up €482,659 (+119%), from €406,361 to €889,021
of which Land and buildings: +€488,105
- Stocks and contracts -€468,319
no longer reported in 2025 (was €468,319)
- Current investments +€11,574
up €11,574 (+90.8%), from €12,752 to €24,326
- Debts after one year -€33,426
down €33,426 (-9.3%), from €360,000 to €326,574
- Current portion of long-term debt +€30,898
new in 2025: €30,898
- Profit (loss) carried forward +€29,735
up €29,735 (+1.9%), from -€1.6m to -€1.5m
- Accrued charges and deferred income -€19,568
down €19,568 (-9.5%), from €205,460 to €185,892
- Other debts +€18,413
up €18,413 (+3.0%), from €603,863 to €622,275
- Depreciation +€20,889
up €20,889 (+383%), from €5,460 to €26,349
- Gross operating margin +€13,004
up €13,004 (+27.8%), from €46,778 to €59,782
- Financial charges +€8,332
up €8,332 (+109%), from €7,647 to €15,979
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 | €965,234 | €987,771 | +€22,538 | +2.3% |
| Fixed assets | 21/28 | €406,361 | €889,021 | +€482,659 | +119% |
| Tangible fixed assets | 22/27 | €406,361 | €889,021 | +€482,659 | +119% |
| Land and buildings | 22 | - | €488,105 | +€488,105 | |
| Plant, machinery and equipment | 23 | €25,772 | €21,826 | -€3,946 | -15.3% |
| Other tangible fixed assets | 26 | €380,589 | €379,090 | -€1,499 | -0.4% |
| Current assets | 29/58 | €558,873 | €98,751 | -€460,122 | -82.3% |
| Stocks and contracts in progress | 3 | €468,319 | - | -€468,319 | |
| Stocks | 30/36 | €468,319 | - | -€468,319 | |
| Amounts receivable within one year | 40/41 | €17,794 | €24,386 | +€6,593 | +37.1% |
| Trade receivables | 40 | - | €7,037 | +€7,037 | |
| Other amounts receivable | 41 | €17,794 | €17,350 | -€444 | -2.5% |
| Current investments | 50/53 | €12,752 | €24,326 | +€11,574 | +90.8% |
| Cash at bank and in hand | 54/58 | €6,458 | €1,589 | -€4,869 | -75.4% |
| Deferred charges and accrued income | 490/1 | €53,550 | €48,450 | -€5,100 | -9.5% |
| Total equity and liabilities | 10/49 | €965,234 | €987,771 | +€22,538 | +2.3% |
| Equity | 10/15 | -€218,092 | -€188,358 | +€29,735 | +13.6% |
| Contributions | 10/11 | €620,000 | €620,000 | = | 0.0% |
| Reserves | 13 | €723,784 | €723,784 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Other | 1319 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €690,284 | €690,284 | = | 0.0% |
| Distributable reserves | 133 | €23,500 | €23,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,561,877 | -€1,532,142 | +€29,735 | +1.9% |
| Amounts payable | 17/49 | €1,183,326 | €1,176,129 | -€7,197 | -0.6% |
| Amounts payable after more than one year | 17 | €360,000 | €326,574 | -€33,426 | -9.3% |
| Financial debts | 170/4 | €360,000 | €326,574 | -€33,426 | -9.3% |
| Amounts payable within one year | 42/48 | €617,866 | €663,663 | +€45,797 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | - | €30,898 | +€30,898 | |
| Trade debts | 44 | €5,898 | €2,409 | -€3,489 | -59.2% |
| Suppliers | 440/4 | €5,898 | €2,409 | -€3,489 | -59.2% |
| Taxes, remuneration and social security | 45 | €8,106 | €8,081 | -€25 | -0.3% |
| Taxes | 450/3 | €7,886 | €7,886 | -€0 | 0.0% |
| Remuneration and social security | 454/9 | €220 | €195 | -€25 | -11.3% |
| Other amounts payable | 47/48 | €603,863 | €622,275 | +€18,413 | +3.0% |
| Accrued charges and deferred income | 492/3 | €205,460 | €185,892 | -€19,568 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,460 | €26,349 | +€20,889 | +383% |
| Other operating charges | 640/8 | €7,272 | €7,484 | +€212 | +2.9% |
| Gross operating margin | 9900 | €46,778 | €59,782 | +€13,004 | +27.8% |
| Operating profit (loss) | 9901 | €34,045 | €25,949 | -€8,097 | -23.8% |
| Financial income | 75/76B | €19,670 | €19,765 | +€94 | +0.5% |
| Recurring financial income | 75 | €103 | €197 | +€94 | +91.6% |
| Non-recurring financial income | 76B | €19,568 | €19,568 | = | 0.0% |
| Financial charges | 65/66B | €7,647 | €15,979 | +€8,332 | +109% |
| Recurring financial charges | 65 | €7,647 | €15,979 | +€8,332 | +109% |
| Profit (loss) for the period before taxes | 9903 | €46,068 | €29,735 | -€16,334 | -35.5% |
| Profit (loss) for the period | 9904 | €46,068 | €29,735 | -€16,334 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,068 | €29,735 | -€16,334 | -35.5% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.