ALICE D'HOORE: 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.
ALICE D'HOORE
Largest movements
- Cash +€22,551
up €22,551 (+33.7%), from €66,867 to €89,417
mainly Net result for the year (+€34,115) and Other debts (+€8,164)
- Deferred charges and accrued income +€4,277
up €4,277 (+34.6%), from €12,373 to €16,650
- Tangible fixed assets +€1,383
up €1,383 (+15.8%), from €8,766 to €10,149
of which Furniture and vehicles: +€3,142
- Reserves +€22,562
up €22,562 (+33.6%), from €67,192 to €89,754
- Other debts +€8,164
up €8,164 (+108%), from €7,532 to €15,696
- Trade debts -€2,906
down €2,906 (-57.0%), from €5,099 to €2,192
- Gross operating margin +€26,271
up €26,271 (+52.6%), from €49,967 to €76,237
- Taxes +€4,606
up €4,606 (+86.0%), from €5,353 to €9,959
- Depreciation +€2,219
up €2,219 (+90.8%), from €2,444 to €4,662
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 | €88,006 | €116,257 | +€28,251 | +32.1% |
| Fixed assets | 21/28 | €8,766 | €10,149 | +€1,383 | +15.8% |
| Tangible fixed assets | 22/27 | €8,766 | €10,149 | +€1,383 | +15.8% |
| Plant, machinery and equipment | 23 | €5,535 | €3,775 | -€1,759 | -31.8% |
| Furniture and vehicles | 24 | €3,232 | €6,374 | +€3,142 | +97.2% |
| Current assets | 29/58 | €79,240 | €106,108 | +€26,868 | +33.9% |
| Amounts receivable within one year | 40/41 | - | €41 | +€41 | |
| Other amounts receivable | 41 | - | €41 | +€41 | |
| Cash at bank and in hand | 54/58 | €66,867 | €89,417 | +€22,551 | +33.7% |
| Deferred charges and accrued income | 490/1 | €12,373 | €16,650 | +€4,277 | +34.6% |
| Total equity and liabilities | 10/49 | €88,006 | €116,257 | +€28,251 | +32.1% |
| Equity | 10/15 | €70,192 | €92,754 | +€22,562 | +32.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €67,192 | €89,754 | +€22,562 | +33.6% |
| Distributable reserves | 133 | €67,192 | €89,754 | +€22,562 | +33.6% |
| Amounts payable | 17/49 | €17,814 | €23,503 | +€5,689 | +31.9% |
| Amounts payable within one year | 42/48 | €17,548 | €23,203 | +€5,655 | +32.2% |
| Financial debts | 43 | €21 | €69 | +€48 | +229% |
| Credit institutions | 430/8 | €21 | €69 | +€48 | +229% |
| Trade debts | 44 | €5,099 | €2,192 | -€2,906 | -57.0% |
| Suppliers | 440/4 | €5,099 | €2,192 | -€2,906 | -57.0% |
| Taxes, remuneration and social security | 45 | €4,896 | €5,245 | +€349 | +7.1% |
| Taxes | 450/3 | €1,967 | €172 | -€1,795 | -91.2% |
| Remuneration and social security | 454/9 | €2,929 | €5,073 | +€2,144 | +73.2% |
| Other amounts payable | 47/48 | €7,532 | €15,696 | +€8,164 | +108% |
| Accrued charges and deferred income | 492/3 | €267 | €300 | +€34 | +12.6% |
| Remuneration, social security and pensions | 62 | €23,495 | €23,651 | +€156 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444 | €4,662 | +€2,219 | +90.8% |
| Other operating charges | 640/8 | €923 | €1,456 | +€533 | +57.7% |
| Gross operating margin | 9900 | €49,967 | €76,237 | +€26,271 | +52.6% |
| Operating profit (loss) | 9901 | €23,105 | €46,468 | +€23,363 | +101% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,035 | €2,394 | -€641 | -21.1% |
| Recurring financial charges | 65 | €3,035 | €2,394 | -€641 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €20,071 | €44,074 | +€24,003 | +120% |
| Income taxes | 67/77 | €5,353 | €9,959 | +€4,606 | +86.0% |
| Profit (loss) for the period | 9904 | €14,718 | €34,115 | +€19,397 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €14,718 | €34,115 | +€19,397 | +132% |
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 25 October 2026 via checked.be.