ALIGEER: 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.
ALIGEER
Largest movements
- Cash -€13,380
down €13,380 (-99.9%), from €13,396 to €17
mainly Trade debts (-€17,131) and Debts after one year (-€8,012)
- Tangible fixed assets -€13,163
down €13,163 (-6.4%), from €205,427 to €192,264
- Receivables within one year -€4,049
down €4,049 (-6.3%), from €64,122 to €60,073
of which Trade receivables: -€2,697
- Trade debts -€17,131
down €17,131 (-93.6%), from €18,293 to €1,163
- Debts after one year -€8,012
down €8,012 (-15.8%), from €50,663 to €42,651
- Profit (loss) carried forward -€4,606
down €4,606 (-3.9%), from -€118,057 to -€122,664
- Other operating charges +€3,569
up €3,569 (+275.6%), from €1,295 to €4,863
- Gross operating margin +€3,157
up €3,157 (+27.2%), from €11,603 to €14,760
- Depreciation +€1,274
up €1,274 (+10.7%), from €11,889 to €13,163
- Financial charges -€432
down €432 (-23.2%), from €1,860 to €1,428
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.
Cash bridge derived
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 | €283,037 | €252,531 | -€30,506 | -10.8% |
| Fixed assets | 21/28 | €205,518 | €192,355 | -€13,163 | -6.4% |
| Tangible fixed assets | 22/27 | €205,427 | €192,264 | -€13,163 | -6.4% |
| Land and buildings | 22 | €205,427 | €192,264 | -€13,163 | -6.4% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €77,518 | €60,176 | -€17,343 | -22.4% |
| Amounts receivable within one year | 40/41 | €64,122 | €60,073 | -€4,049 | -6.3% |
| Trade receivables | 40 | €62,771 | €60,073 | -€2,697 | -4.3% |
| Other amounts receivable | 41 | €1,352 | - | -€1,352 | |
| Cash at bank and in hand | 54/58 | €13,396 | €17 | -€13,380 | -99.9% |
| Deferred charges and accrued income | 490/1 | - | €86 | +€86 | |
| Total equity and liabilities | 10/49 | €283,037 | €252,531 | -€30,506 | -10.8% |
| Equity | 10/15 | €118,631 | €114,025 | -€4,606 | -3.9% |
| Contributions | 10/11 | €189,100 | €189,100 | = | 0.0% |
| Reserves | 13 | €47,589 | €47,589 | = | 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 | €45,728 | €45,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,057 | -€122,664 | -€4,606 | -3.9% |
| Amounts payable | 17/49 | €164,405 | €138,506 | -€25,899 | -15.8% |
| Amounts payable after more than one year | 17 | €50,663 | €42,651 | -€8,012 | -15.8% |
| Financial debts | 170/4 | €50,663 | €42,651 | -€8,012 | -15.8% |
| Amounts payable within one year | 42/48 | €113,016 | €95,129 | -€17,887 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €7,892 | €8,012 | +€120 | +1.5% |
| Financial debts | 43 | - | €493 | +€493 | |
| Credit institutions | 430/8 | - | €493 | +€493 | |
| Trade debts | 44 | €18,293 | €1,163 | -€17,131 | -93.6% |
| Suppliers | 440/4 | €18,293 | €1,163 | -€17,131 | -93.6% |
| Taxes, remuneration and social security | 45 | €141 | €123 | -€18 | -12.7% |
| Taxes | 450/3 | €141 | €123 | -€18 | -12.7% |
| Other amounts payable | 47/48 | €86,690 | €85,338 | -€1,352 | -1.6% |
| Accrued charges and deferred income | 492/3 | €727 | €727 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,889 | €13,163 | +€1,274 | +10.7% |
| Other operating charges | 640/8 | €1,295 | €4,863 | +€3,569 | +275.6% |
| Gross operating margin | 9900 | €11,603 | €14,760 | +€3,157 | +27.2% |
| Operating profit (loss) | 9901 | -€1,581 | -€3,267 | -€1,685 | -106.6% |
| Financial income | 75/76B | €159 | €88 | -€71 | -44.6% |
| Recurring financial income | 75 | €159 | €88 | -€71 | -44.6% |
| Financial charges | 65/66B | €1,860 | €1,428 | -€432 | -23.2% |
| Recurring financial charges | 65 | €1,860 | €1,428 | -€432 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,283 | -€4,606 | -€1,324 | -40.3% |
| Profit (loss) for the period | 9904 | -€3,283 | -€4,606 | -€1,324 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,283 | -€4,606 | -€1,324 | -40.3% |
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 10 October 2026 via checked.be.