ALIGNO: 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.
ALIGNO
Largest movements
- Tangible fixed assets -€31,858
down €31,858 (-6.9%), from €460,448 to €428,590
of which Land and buildings: -€26,658
- Other debts -€47,176
down €47,176 (-18.7%), from €251,803 to €204,628
- Debts after one year -€46,456
down €46,456 (-17.9%), from €259,315 to €212,860
- Reserves +€29,724
up €29,724 (+1.8%), from €1.7m to €1.7m
- Write-downs +€15,397
new in 2025: €15,397
- Taxes -€4,462
down €4,462 (-28.6%), from €15,580 to €11,118
- Gross operating margin -€2,035
down €2,035 (-2.0%), from €99,759 to €97,724
- Depreciation -€1,380
down €1,380 (-4.8%), from €28,672 to €27,292
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 | €2,280,442 | €2,212,483 | -€67,959 | -3.0% |
| Fixed assets | 21/28 | €2,208,781 | €2,176,923 | -€31,858 | -1.4% |
| Tangible fixed assets | 22/27 | €460,448 | €428,590 | -€31,858 | -6.9% |
| Land and buildings | 22 | €446,066 | €419,408 | -€26,658 | -6.0% |
| Furniture and vehicles | 24 | €14,382 | €9,182 | -€5,200 | -36.2% |
| Financial fixed assets | 28 | €1,748,333 | €1,748,333 | = | 0.0% |
| Current assets | 29/58 | €71,661 | €35,560 | -€36,101 | -50.4% |
| Amounts receivable within one year | 40/41 | €26,740 | €8,442 | -€18,298 | -68.4% |
| Trade receivables | 40 | €26,740 | €7,400 | -€19,340 | -72.3% |
| Other amounts receivable | 41 | - | €1,042 | +€1,042 | |
| Cash at bank and in hand | 54/58 | €44,921 | €25,512 | -€19,409 | -43.2% |
| Deferred charges and accrued income | 490/1 | - | €1,606 | +€1,606 | |
| Total equity and liabilities | 10/49 | €2,280,442 | €2,212,483 | -€67,959 | -3.0% |
| Equity | 10/15 | €1,692,083 | €1,721,807 | +€29,724 | +1.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €1,671,083 | €1,700,807 | +€29,724 | +1.8% |
| Distributable reserves | 133 | €1,671,083 | €1,700,807 | +€29,724 | +1.8% |
| Amounts payable | 17/49 | €588,359 | €490,676 | -€97,683 | -16.6% |
| Amounts payable after more than one year | 17 | €259,315 | €212,860 | -€46,456 | -17.9% |
| Financial debts | 170/4 | €259,315 | €212,860 | -€46,456 | -17.9% |
| Amounts payable within one year | 42/48 | €329,044 | €277,816 | -€51,228 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €45,670 | €46,456 | +€786 | +1.7% |
| Trade debts | 44 | €1,970 | €35 | -€1,936 | -98.2% |
| Suppliers | 440/4 | €1,970 | €35 | -€1,936 | -98.2% |
| Taxes, remuneration and social security | 45 | €29,600 | €26,698 | -€2,902 | -9.8% |
| Taxes | 450/3 | €29,600 | €26,698 | -€2,902 | -9.8% |
| Other amounts payable | 47/48 | €251,803 | €204,628 | -€47,176 | -18.7% |
| Non-recurring operating income | 76A | - | €4,428 | +€4,428 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,672 | €27,292 | -€1,380 | -4.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,397 | +€15,397 | |
| Other operating charges | 640/8 | €8,350 | €8,611 | +€261 | +3.1% |
| Gross operating margin | 9900 | €99,759 | €97,724 | -€2,035 | -2.0% |
| Operating profit (loss) | 9901 | €62,737 | €46,423 | -€16,314 | -26.0% |
| Financial income | 75/76B | €0 | €246 | +€246 | +58511.9% |
| Recurring financial income | 75 | €0 | €246 | +€246 | +58511.9% |
| Financial charges | 65/66B | €6,278 | €5,827 | -€451 | -7.2% |
| Recurring financial charges | 65 | €6,278 | €5,827 | -€451 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €56,459 | €40,842 | -€15,617 | -27.7% |
| Income taxes | 67/77 | €15,580 | €11,118 | -€4,462 | -28.6% |
| Profit (loss) for the period | 9904 | €40,879 | €29,724 | -€11,155 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,879 | €29,724 | -€11,155 | -27.3% |
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.