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ALIGN MEDIA: 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.

What changed

ALIGN MEDIA

BE 0674.510.779
NACE 69.209, Other tax advisory services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1.2m
2024 · €927,326-€2.1m
Equity
-€555,880
2024 · €653,374-€1.2m
Cash
€29,760
2024 · €134,950-€105,191
Balance sheet total
€1.2m
2024 · €1.5m-€329,726

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€202,110

    down €202,110 (-34.2%), from €590,650 to €388,540

    of which Other amounts receivable: -€218,500

  • Cash -€105,191

    down €105,191 (-77.9%), from €134,950 to €29,760

    mainly Net result for the year (-€1.2m) and Debts after one year (-€118,906)

  • Financial fixed assets -€27,381

    down €27,381 (-56.7%), from €48,300 to €20,919

Equity and liabilities
  • Profit (loss) carried forward -€1.2m

    down €1.2m, from €580,773 to -€628,480

  • Other debts +€955,811

    up €955,811 (+1047.3%), from €91,262 to €1.0m

  • Debts after one year -€118,906

    down €118,906 (-20.4%), from €582,524 to €463,618

  • Trade debts +€33,047

    up €33,047 (+14.9%), from €221,735 to €254,782

Income statement
  • Financial income -€1.1m

    down €1.1m (-99.1%), from €1.2m to €10,411

  • Financial charges +€854,093

    up €854,093 (+1478.9%), from €57,753 to €911,846

    of which Non-recurring financial charges: +€880,987

  • Staff costs +€87,703

    new in 2025: €87,703

  • Gross operating margin -€50,067

    down €50,067 (-30.1%), from -€166,265 to -€216,332

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €927,326
Gross operating margin -€50,067
Staff costs -€87,703
Depreciation +€809
Other operating charges -€611
Financial income -€1.1m
Financial charges -€854,093
Result 2025 -€1.2m

Cash bridge derived

cash 2024 to 2025

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.

From operations -€13,088
Investment +€25,693
Financing -€117,796
Cash 2024 €134,950
Net result for the year -€1.2m
Depreciation +€2,785
Receivables within one year +€202,110
Deferred charges and accrued income -€6,053
Trade debts +€33,047
Tax, wage and social debts +€7,740
Other debts +€955,811
Accrued charges and deferred income +€725
Investment in fixed assets (net) +€25,693
Debts after one year -€118,906
Short-term financial debts +€1,110
Cash 2025 €29,760
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,548,894 €1,219,168 -€329,726 -21.3%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €50,930 €22,452 -€28,478 -55.9%
Intangible fixed assets 21 €0 €0 =
Tangible fixed assets 22/27 €2,630 €1,533 -€1,097 -41.7%
Furniture and vehicles 24 €2,630 €1,533 -€1,097 -41.7%
Financial fixed assets 28 €48,300 €20,919 -€27,381 -56.7%
Current assets 29/58 €1,497,964 €1,196,716 -€301,248 -20.1%
Amounts receivable within one year 40/41 €590,650 €388,540 -€202,110 -34.2%
Trade receivables 40 €246,095 €262,484 +€16,390 +6.7%
Other amounts receivable 41 €344,556 €126,056 -€218,500 -63.4%
Current investments 50/53 €772,131 €772,131 = 0.0%
Cash at bank and in hand 54/58 €134,950 €29,760 -€105,191 -77.9%
Deferred charges and accrued income 490/1 €232 €6,285 +€6,053 +2607.8%
Total equity and liabilities 10/49 €1,548,894 €1,219,168 -€329,726 -21.3%
Equity 10/15 €653,374 -€555,880 -€1.2m
Contributions 10/11 €29,661 €29,661 = 0.0%
Reserves 13 €42,940 €42,940 = 0.0%
Distributable reserves 133 €42,940 €42,940 = 0.0%
Profit (loss) carried forward 14 €580,773 -€628,480 -€1.2m
Amounts payable 17/49 €895,520 €1,775,048 +€879,527 +98.2%
Amounts payable after more than one year 17 €582,524 €463,618 -€118,906 -20.4%
Other amounts payable 178/9 €582,524 €463,618 -€118,906 -20.4%
Amounts payable within one year 42/48 €312,997 €1,310,705 +€997,708 +318.8%
Financial debts 43 - €1,110 +€1,110
Credit institutions 430/8 - €1,110 +€1,110
Trade debts 44 €221,735 €254,782 +€33,047 +14.9%
Suppliers 440/4 €221,735 €254,782 +€33,047 +14.9%
Taxes, remuneration and social security 45 - €7,740 +€7,740
Taxes 450/3 - €7,740 +€7,740
Other amounts payable 47/48 €91,262 €1,047,073 +€955,811 +1047.3%
Accrued charges and deferred income 492/3 - €725 +€725
Remuneration, social security and pensions 62 - €87,703 +€87,703
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,594 €2,785 -€809 -22.5%
Other operating charges 640/8 €387 €998 +€611 +157.8%
Gross operating margin 9900 -€166,265 -€216,332 -€50,067 -30.1%
Operating profit (loss) 9901 -€170,247 -€307,818 -€137,571 -80.8%
Financial income 75/76B €1,155,326 €10,411 -€1.1m -99.1%
Recurring financial income 75 €1,155,326 €10,411 -€1.1m -99.1%
Financial charges 65/66B €57,753 €911,846 +€854,093 +1478.9%
Recurring financial charges 65 €57,753 €30,859 -€26,894 -46.6%
Non-recurring financial charges 66B - €880,987 +€880,987
Profit (loss) for the period before taxes 9903 €927,326 -€1,209,253 -€2.1m
Income taxes 67/77 - €0 =
Profit (loss) for the period 9904 €927,326 -€1,209,253 -€2.1m
Profit (loss) for the period to be appropriated 9905 €927,326 -€1,209,253 -€2.1m

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.