ALIES: 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.
ALIES
Largest movements
- Tangible fixed assets -€32,051
down €32,051 (-4.2%), from €757,418 to €725,366
of which Furniture and vehicles: -€20,396
- Debts after one year -€54,902
down €54,902 (-17.1%), from €320,660 to €265,758
- Reserves +€49,557
up €49,557 (+13.2%), from €375,325 to €424,882
of which Distributable reserves: +€49,557
- Trade debts -€30,427
down €30,427 (-99.6%), from €30,552 to €125
- Other debts +€26,931
up €26,931 (+19.1%), from €141,354 to €168,285
- Tax, wage and social debts -€22,965
down €22,965 (-79.6%), from €28,858 to €5,894
- Gross operating margin -€20,247
down €20,247 (-14.9%), from €135,945 to €115,698
- Taxes -€5,077
down €5,077 (-21.1%), from €24,029 to €18,951
- Financial charges -€1,657
down €1,657 (-18.0%), from €9,209 to €7,552
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 | €1,383,782 | €1,352,445 | -€31,337 | -2.3% |
| Fixed assets | 21/28 | €1,368,407 | €1,336,355 | -€32,051 | -2.3% |
| Tangible fixed assets | 22/27 | €757,418 | €725,366 | -€32,051 | -4.2% |
| Land and buildings | 22 | €679,901 | €668,246 | -€11,655 | -1.7% |
| Furniture and vehicles | 24 | €77,516 | €57,120 | -€20,396 | -26.3% |
| Financial fixed assets | 28 | €610,989 | €610,989 | = | 0.0% |
| Current assets | 29/58 | €15,375 | €16,090 | +€715 | +4.6% |
| Amounts receivable within one year | 40/41 | €5,262 | €6,381 | +€1,119 | +21.3% |
| Trade receivables | 40 | €0 | €2,832 | +€2,832 | |
| Other amounts receivable | 41 | €5,262 | €3,549 | -€1,713 | -32.6% |
| Cash at bank and in hand | 54/58 | €10,113 | €7,435 | -€2,679 | -26.5% |
| Deferred charges and accrued income | 490/1 | €0 | €2,274 | +€2,274 | |
| Total equity and liabilities | 10/49 | €1,383,782 | €1,352,445 | -€31,337 | -2.3% |
| Equity | 10/15 | €800,325 | €849,882 | +€49,557 | +6.2% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €375,325 | €424,882 | +€49,557 | +13.2% |
| Non-distributable reserves | 130/1 | €1,450 | €1,450 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,450 | €1,450 | = | 0.0% |
| Distributable reserves | 133 | €373,875 | €423,432 | +€49,557 | +13.3% |
| Amounts payable | 17/49 | €583,457 | €502,563 | -€80,894 | -13.9% |
| Amounts payable after more than one year | 17 | €320,660 | €265,758 | -€54,902 | -17.1% |
| Financial debts | 170/4 | €320,660 | €265,758 | -€54,902 | -17.1% |
| Amounts payable within one year | 42/48 | €262,008 | €236,805 | -€25,204 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €53,622 | €54,902 | +€1,280 | +2.4% |
| Financial debts | 43 | €7,622 | €7,600 | -€23 | -0.3% |
| Credit institutions | 430/8 | €7,622 | €7,600 | -€23 | -0.3% |
| Trade debts | 44 | €30,552 | €125 | -€30,427 | -99.6% |
| Suppliers | 440/4 | €30,552 | €125 | -€30,427 | -99.6% |
| Taxes, remuneration and social security | 45 | €28,858 | €5,894 | -€22,965 | -79.6% |
| Taxes | 450/3 | €28,858 | €5,894 | -€22,965 | -79.6% |
| Other amounts payable | 47/48 | €141,354 | €168,285 | +€26,931 | +19.1% |
| Accrued charges and deferred income | 492/3 | €789 | €0 | -€789 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,051 | €32,051 | = | 0.0% |
| Other operating charges | 640/8 | €7,529 | €7,586 | +€58 | +0.8% |
| Gross operating margin | 9900 | €135,945 | €115,698 | -€20,247 | -14.9% |
| Operating profit (loss) | 9901 | €96,365 | €76,060 | -€20,304 | -21.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,209 | €7,552 | -€1,657 | -18.0% |
| Recurring financial charges | 65 | €9,209 | €7,552 | -€1,657 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €87,156 | €68,508 | -€18,648 | -21.4% |
| Income taxes | 67/77 | €24,029 | €18,951 | -€5,077 | -21.1% |
| Profit (loss) for the period | 9904 | €63,128 | €49,557 | -€13,570 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,128 | €49,557 | -€13,570 | -21.5% |
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 19 October 2026 via checked.be.