ALICE EDITIONS: 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 EDITIONS
Largest movements
- Receivables within one year -€79,648
down €79,648 (-29.3%), from €271,401 to €191,753
of which Trade receivables: -€76,011
- Deferred charges and accrued income +€25,471
up €25,471 (+565%), from €4,505 to €29,976
- Tangible fixed assets -€13,850
down €13,850 (-4.1%), from €337,701 to €323,851
of which Land and buildings: -€8,910
- Profit (loss) carried forward -€38,921
down €38,921 (-134%), from -€29,028 to -€67,948
- Accrued charges and deferred income +€33,689
up €33,689 (+31.1%), from €108,454 to €142,143
- Debts after one year -€31,712
down €31,712 (-10.8%), from €294,338 to €262,626
- Other debts -€10,811
down €10,811 (-9.6%), from €113,107 to €102,295
- Staff costs -€11,389
down €11,389 (-14.8%), from €77,124 to €65,734
- Financial income -€8,481
down €8,481 (-97.6%), from €8,693 to €213
- Gross operating margin -€7,379
down €7,379 (-10.9%), from €67,747 to €60,368
- Financial charges +€1,794
up €1,794 (+11.2%), from €16,065 to €17,859
- Other operating charges +€819
up €819 (+81.0%), from €1,012 to €1,831
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 | €882,243 | €826,350 | -€55,893 | -6.3% |
| Fixed assets | 21/28 | €337,951 | €324,101 | -€13,850 | -4.1% |
| Tangible fixed assets | 22/27 | €337,701 | €323,851 | -€13,850 | -4.1% |
| Land and buildings | 22 | €317,443 | €308,533 | -€8,910 | -2.8% |
| Furniture and vehicles | 24 | €7,481 | €4,613 | -€2,868 | -38.3% |
| Other tangible fixed assets | 26 | €12,777 | €10,705 | -€2,072 | -16.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €544,291 | €502,249 | -€42,042 | -7.7% |
| Stocks and contracts in progress | 3 | €223,501 | €230,693 | +€7,192 | +3.2% |
| Stocks | 30/36 | €223,501 | €230,693 | +€7,192 | +3.2% |
| Amounts receivable within one year | 40/41 | €271,401 | €191,753 | -€79,648 | -29.3% |
| Trade receivables | 40 | €248,663 | €172,652 | -€76,011 | -30.6% |
| Other amounts receivable | 41 | €22,738 | €19,100 | -€3,638 | -16.0% |
| Cash at bank and in hand | 54/58 | €44,885 | €49,828 | +€4,943 | +11.0% |
| Deferred charges and accrued income | 490/1 | €4,505 | €29,976 | +€25,471 | +565% |
| Total equity and liabilities | 10/49 | €882,243 | €826,350 | -€55,893 | -6.3% |
| Equity | 10/15 | €257,432 | €218,512 | -€38,921 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €267,860 | €267,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €266,000 | €266,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,028 | -€67,948 | -€38,921 | -134% |
| Amounts payable | 17/49 | €624,810 | €607,838 | -€16,972 | -2.7% |
| Amounts payable after more than one year | 17 | €294,338 | €262,626 | -€31,712 | -10.8% |
| Financial debts | 170/4 | €294,338 | €262,626 | -€31,712 | -10.8% |
| Amounts payable within one year | 42/48 | €222,018 | €203,069 | -€18,948 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €33,791 | €34,701 | +€910 | +2.7% |
| Trade debts | 44 | €62,067 | €56,979 | -€5,088 | -8.2% |
| Suppliers | 440/4 | €62,067 | €56,979 | -€5,088 | -8.2% |
| Taxes, remuneration and social security | 45 | €13,054 | €9,094 | -€3,959 | -30.3% |
| Taxes | 450/3 | €2,684 | €4,493 | +€1,809 | +67.4% |
| Remuneration and social security | 454/9 | €10,370 | €4,602 | -€5,768 | -55.6% |
| Other amounts payable | 47/48 | €113,107 | €102,295 | -€10,811 | -9.6% |
| Accrued charges and deferred income | 492/3 | €108,454 | €142,143 | +€33,689 | +31.1% |
| Remuneration, social security and pensions | 62 | €77,124 | €65,734 | -€11,389 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,080 | €13,850 | -€230 | -1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €404 | - | -€404 | |
| Other operating charges | 640/8 | €1,012 | €1,831 | +€819 | +81.0% |
| Gross operating margin | 9900 | €67,747 | €60,368 | -€7,379 | -10.9% |
| Operating profit (loss) | 9901 | -€24,873 | -€21,048 | +€3,824 | +15.4% |
| Financial income | 75/76B | €8,693 | €213 | -€8,481 | -97.6% |
| Recurring financial income | 75 | €8,693 | €213 | -€8,481 | -97.6% |
| Financial charges | 65/66B | €16,065 | €17,859 | +€1,794 | +11.2% |
| Recurring financial charges | 65 | €16,065 | €17,859 | +€1,794 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€32,244 | -€38,694 | -€6,450 | -20.0% |
| Income taxes | 67/77 | €250 | €227 | -€23 | -9.2% |
| Profit (loss) for the period | 9904 | -€32,494 | -€38,921 | -€6,427 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,494 | -€38,921 | -€6,427 | -19.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.