ALIEN WHEELS: 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.
ALIEN WHEELS
Largest movements
- Cash -€38,973
down €38,973 (-24.8%), from €157,119 to €118,146
mainly Contributions, distributions and other (-€49,514) and Investment in fixed assets (net) (-€47,257)
- Tangible fixed assets +€21,474
up €21,474 (+8.7%), from €247,994 to €269,467
of which Land and buildings: +€12,204
- Receivables within one year +€10,570
up €10,570 (+48.6%), from €21,760 to €32,330
of which Trade receivables: +€10,950
- Tax, wage and social debts -€19,303
down €19,303 (-50.3%), from €38,339 to €19,036
- Reserves +€13,264
up €13,264 (+3.5%), from €376,378 to €389,642
of which Distributable reserves: +€13,264
- Gross operating margin -€30,502
down €30,502 (-20.9%), from €145,799 to €115,296
- Taxes -€11,145
down €11,145 (-31.1%), from €35,892 to €24,747
- Depreciation +€6,064
up €6,064 (+30.7%), from €19,720 to €25,784
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 | €440,872 | €434,468 | -€6,404 | -1.5% |
| Fixed assets | 21/28 | €247,994 | €269,467 | +€21,474 | +8.7% |
| Tangible fixed assets | 22/27 | €247,994 | €269,467 | +€21,474 | +8.7% |
| Land and buildings | 22 | €236,187 | €248,392 | +€12,204 | +5.2% |
| Plant, machinery and equipment | 23 | €5,194 | €14,973 | +€9,779 | +188% |
| Furniture and vehicles | 24 | €6,612 | €6,102 | -€509 | -7.7% |
| Current assets | 29/58 | €192,878 | €165,001 | -€27,877 | -14.5% |
| Stocks and contracts in progress | 3 | €11,477 | €11,477 | = | 0.0% |
| Stocks | 30/36 | €11,477 | €11,477 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,760 | €32,330 | +€10,570 | +48.6% |
| Trade receivables | 40 | €17,300 | €28,250 | +€10,950 | +63.3% |
| Other amounts receivable | 41 | €4,460 | €4,080 | -€380 | -8.5% |
| Cash at bank and in hand | 54/58 | €157,119 | €118,146 | -€38,973 | -24.8% |
| Deferred charges and accrued income | 490/1 | €2,522 | €3,048 | +€526 | +20.9% |
| Total equity and liabilities | 10/49 | €440,872 | €434,468 | -€6,404 | -1.5% |
| Equity | 10/15 | €396,481 | €409,745 | +€13,264 | +3.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €376,378 | €389,642 | +€13,264 | +3.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €359,378 | €372,642 | +€13,264 | +3.7% |
| Profit (loss) carried forward | 14 | €1,554 | €1,554 | = | 0.0% |
| Amounts payable | 17/49 | €44,390 | €24,723 | -€19,668 | -44.3% |
| Amounts payable within one year | 42/48 | €44,390 | €24,723 | -€19,668 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €6,052 | €5,687 | -€365 | -6.0% |
| Taxes, remuneration and social security | 45 | €38,339 | €19,036 | -€19,303 | -50.3% |
| Taxes | 450/3 | €38,339 | €19,036 | -€19,303 | -50.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,720 | €25,784 | +€6,064 | +30.7% |
| Other operating charges | 640/8 | €1,659 | €1,219 | -€440 | -26.5% |
| Gross operating margin | 9900 | €145,799 | €115,296 | -€30,502 | -20.9% |
| Operating profit (loss) | 9901 | €124,419 | €88,293 | -€36,126 | -29.0% |
| Financial income | 75/76B | €63 | €192 | +€129 | +205% |
| Recurring financial income | 75 | €63 | €192 | +€129 | +205% |
| Financial charges | 65/66B | €628 | €960 | +€332 | +52.8% |
| Recurring financial charges | 65 | €628 | €960 | +€332 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €123,854 | €87,525 | -€36,329 | -29.3% |
| Income taxes | 67/77 | €35,892 | €24,747 | -€11,145 | -31.1% |
| Profit (loss) for the period | 9904 | €87,962 | €62,778 | -€25,184 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87,962 | €62,778 | -€25,184 | -28.6% |
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 16 October 2026 via checked.be.