ALIGNE: 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.
ALIGNE
Largest movements
- Cash +€45,221
up €45,221 (+65.1%), from €69,489 to €114,710
mainly Other debts (+€194,998) and Net result for the year (+€66,935)
- Tangible fixed assets -€29,409
down €29,409 (-12.7%), from €230,690 to €201,282
- Receivables within one year -€7,479
down €7,479 (-4.0%), from €184,928 to €177,450
- Other debts +€194,998
up €194,998 (+459.5%), from €42,437 to €237,435
- Reserves -€186,898
down €186,898 (-42.7%), from €437,534 to €250,636
- Debts after one year -€15,229
down €15,229 (-26.8%), from €56,723 to €41,494
- Tax, wage and social debts +€15,102
up €15,102 (+257.3%), from €5,868 to €20,970
of which Taxes: +€14,165
No income-statement line moved by more than 1% of the activity.
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 | €564,118 | €572,330 | +€8,213 | +1.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €230,690 | €201,282 | -€29,409 | -12.7% |
| Tangible fixed assets | 22/27 | €230,690 | €201,282 | -€29,409 | -12.7% |
| Land and buildings | 22 | €185,811 | €172,280 | -€13,531 | -7.3% |
| Plant, machinery and equipment | 23 | €9,033 | €4,680 | -€4,353 | -48.2% |
| Furniture and vehicles | 24 | €35,846 | €24,321 | -€11,525 | -32.2% |
| Current assets | 29/58 | €333,427 | €371,049 | +€37,621 | +11.3% |
| Stocks and contracts in progress | 3 | €3,200 | €3,200 | = | 0.0% |
| Stocks | 30/36 | €3,200 | €3,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €184,928 | €177,450 | -€7,479 | -4.0% |
| Other amounts receivable | 41 | €184,928 | €177,450 | -€7,479 | -4.0% |
| Current investments | 50/53 | €74,759 | €75,047 | +€288 | +0.4% |
| Cash at bank and in hand | 54/58 | €69,489 | €114,710 | +€45,221 | +65.1% |
| Deferred charges and accrued income | 490/1 | €1,051 | €642 | -€409 | -39.0% |
| Total equity and liabilities | 10/49 | €564,118 | €572,330 | +€8,213 | +1.5% |
| Equity | 10/15 | €438,534 | €251,636 | -€186,898 | -42.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €437,534 | €250,636 | -€186,898 | -42.7% |
| Distributable reserves | 133 | €437,534 | €250,636 | -€186,898 | -42.7% |
| Amounts payable | 17/49 | €125,584 | €320,695 | +€195,111 | +155.4% |
| Amounts payable after more than one year | 17 | €56,723 | €41,494 | -€15,229 | -26.8% |
| Financial debts | 170/4 | €56,723 | €41,494 | -€15,229 | -26.8% |
| Amounts payable within one year | 42/48 | €68,860 | €279,201 | +€210,340 | +305.5% |
| Current portion of amounts payable after more than one year | 42 | €14,502 | €15,229 | +€727 | +5.0% |
| Trade debts | 44 | €6,053 | €5,566 | -€487 | -8.0% |
| Suppliers | 440/4 | €6,053 | €5,566 | -€487 | -8.0% |
| Taxes, remuneration and social security | 45 | €5,868 | €20,970 | +€15,102 | +257.3% |
| Taxes | 450/3 | €2,234 | €16,399 | +€14,165 | +634.2% |
| Remuneration and social security | 454/9 | €3,635 | €4,572 | +€937 | +25.8% |
| Other amounts payable | 47/48 | €42,437 | €237,435 | +€194,998 | +459.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €39,932 | €41,553 | +€1,622 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,767 | €35,112 | -€1,655 | -4.5% |
| Other operating charges | 640/8 | €1,947 | €2,792 | +€844 | +43.4% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €166,541 | €166,810 | +€270 | +0.2% |
| Operating profit (loss) | 9901 | €87,895 | €87,254 | -€641 | -0.7% |
| Financial income | 75/76B | €9,642 | €9,364 | -€279 | -2.9% |
| Recurring financial income | 75 | €9,642 | €9,364 | -€279 | -2.9% |
| Financial charges | 65/66B | €4,195 | €3,529 | -€666 | -15.9% |
| Recurring financial charges | 65 | €4,195 | €3,529 | -€666 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €93,342 | €93,088 | -€254 | -0.3% |
| Income taxes | 67/77 | €26,435 | €26,153 | -€282 | -1.1% |
| Profit (loss) for the period | 9904 | €66,907 | €66,935 | +€28 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,907 | €66,935 | +€28 | 0.0% |
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.