ALIENOR: what changed
Two fiscal 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.
ALIENOR
Largest movements
- Receivables within one year +€11,241
up €11,241 (+23.5%), from €47,745 to €58,986
- Tangible fixed assets -€6,537
down €6,537 (-3.1%), from €211,357 to €204,820
- Trade debts +€13,719
up €13,719 (+49.4%), from €27,746 to €41,465
- Debts after one year -€10,563
down €10,563 (-12.7%), from €83,397 to €72,834
- Reserves +€4,196
up €4,196 (+2.6%), from €158,873 to €163,068
of which Distributable reserves: +€6,753
- Gross operating margin -€2,873
down €2,873 (-12.1%), from €23,793 to €20,919
- Other operating charges +€1,372
up €1,372 (+42.2%), from €3,249 to €4,621
- Taxes -€749
down €749 (-14.2%), from €5,263 to €4,514
- Depreciation -€500
down €500 (-7.1%), from €7,037 to €6,537
- Staff costs -€291
no longer reported in 2024 (was €291)
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,093 | €349,543 | +€5,449 | +1.6% |
| Fixed assets | 21/28 | €211,357 | €204,820 | -€6,537 | -3.1% |
| Tangible fixed assets | 22/27 | €211,357 | €204,820 | -€6,537 | -3.1% |
| Land and buildings | 22 | €211,357 | €204,820 | -€6,537 | -3.1% |
| Current assets | 29/58 | €132,736 | €144,723 | +€11,986 | +9.0% |
| Amounts receivable after more than one year | 29 | €54,638 | €54,638 | = | 0.0% |
| Other amounts receivable | 291 | €54,638 | €54,638 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,778 | €3,279 | +€501 | +18.0% |
| Stocks | 30/36 | €2,778 | €3,279 | +€501 | +18.0% |
| Amounts receivable within one year | 40/41 | €47,745 | €58,986 | +€11,241 | +23.5% |
| Trade receivables | 40 | €47,745 | €58,986 | +€11,241 | +23.5% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,326 | €27,569 | +€243 | +0.9% |
| Total equity and liabilities | 10/49 | €344,093 | €349,543 | +€5,449 | +1.6% |
| Equity | 10/15 | €177,473 | €181,668 | +€4,196 | +2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,873 | €163,068 | +€4,196 | +2.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,143 | €65,586 | -€2,557 | -3.8% |
| Distributable reserves | 133 | €88,870 | €95,622 | +€6,753 | +7.6% |
| Provisions and deferred taxes | 16 | €27,833 | €26,789 | -€1,044 | -3.8% |
| Deferred taxes | 168 | €27,833 | €26,789 | -€1,044 | -3.8% |
| Amounts payable | 17/49 | €138,788 | €141,085 | +€2,298 | +1.7% |
| Amounts payable after more than one year | 17 | €83,397 | €72,834 | -€10,563 | -12.7% |
| Financial debts | 170/4 | €83,397 | €72,834 | -€10,563 | -12.7% |
| Amounts payable within one year | 42/48 | €55,390 | €68,251 | +€12,861 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €10,357 | €10,563 | +€206 | +2.0% |
| Trade debts | 44 | €27,746 | €41,465 | +€13,719 | +49.4% |
| Suppliers | 440/4 | €27,746 | €41,465 | +€13,719 | +49.4% |
| Taxes, remuneration and social security | 45 | €17,288 | €16,224 | -€1,065 | -6.2% |
| Taxes | 450/3 | €17,288 | €16,224 | -€1,065 | -6.2% |
| Remuneration, social security and pensions | 62 | €291 | - | -€291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,037 | €6,537 | -€500 | -7.1% |
| Other operating charges | 640/8 | €3,249 | €4,621 | +€1,372 | +42.2% |
| Gross operating margin | 9900 | €23,793 | €20,919 | -€2,873 | -12.1% |
| Operating profit (loss) | 9901 | €13,216 | €9,761 | -€3,455 | -26.1% |
| Financial charges | 65/66B | €2,219 | €2,096 | -€123 | -5.5% |
| Recurring financial charges | 65 | €2,219 | €2,096 | -€123 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €10,997 | €7,665 | -€3,332 | -30.3% |
| Transfer from deferred taxes | 780 | €1,044 | €1,044 | = | 0.0% |
| Income taxes | 67/77 | €5,263 | €4,514 | -€749 | -14.2% |
| Profit (loss) for the period | 9904 | €6,778 | €4,196 | -€2,582 | -38.1% |
| Transfer from tax-exempt reserves | 789 | €2,557 | €2,557 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,335 | €6,753 | -€2,582 | -27.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.