ALIMENTAR: 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.
ALIMENTAR
Largest movements
- Stocks and contracts -€298,857
down €298,857 (-28.5%), from €1.0m to €750,511
- Receivables within one year -€275,662
down €275,662 (-25.7%), from €1.1m to €797,276
of which Trade receivables: -€291,317
- Cash -€95,181
down €95,181 (-61.1%), from €155,898 to €60,717
mainly Trade debts (-€392,860) and Short-term financial debts (-€172,086)
- Trade debts -€392,860
down €392,860 (-30.1%), from €1.3m to €912,839
- Short-term financial debts -€172,086
down €172,086 (-35.9%), from €479,911 to €307,825
- Other debts -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Profit (loss) carried forward +€105,590
up €105,590 (+89.7%), from €117,775 to €223,365
- Debts after one year -€50,000
down €50,000 (-75.0%), from €66,667 to €16,666
- Gross operating margin +€111,574
up €111,574 (+13.8%), from €808,581 to €920,155
- Staff costs +€19,351
up €19,351 (+3.0%), from €637,116 to €656,468
- Taxes +€14,436
up €14,436 (+52.7%), from €27,394 to €41,830
- Financial charges -€11,434
down €11,434 (-21.3%), from €53,801 to €42,367
- Depreciation -€10,804
down €10,804 (-25.2%), from €42,868 to €32,064
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 | €2,518,382 | €1,843,940 | -€674,442 | -26.8% |
| Fixed assets | 21/28 | €214,396 | €207,868 | -€6,528 | -3.0% |
| Tangible fixed assets | 22/27 | €174,808 | €168,281 | -€6,528 | -3.7% |
| Plant, machinery and equipment | 23 | €127,712 | €107,545 | -€20,167 | -15.8% |
| Furniture and vehicles | 24 | €13,021 | €26,661 | +€13,640 | +104.8% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €34,075 | €34,075 | = | 0.0% |
| Financial fixed assets | 28 | €39,588 | €39,588 | = | 0.0% |
| Current assets | 29/58 | €2,303,986 | €1,636,072 | -€667,914 | -29.0% |
| Stocks and contracts in progress | 3 | €1,049,368 | €750,511 | -€298,857 | -28.5% |
| Stocks | 30/36 | €1,049,368 | €750,511 | -€298,857 | -28.5% |
| Amounts receivable within one year | 40/41 | €1,072,938 | €797,276 | -€275,662 | -25.7% |
| Trade receivables | 40 | €1,042,729 | €751,412 | -€291,317 | -27.9% |
| Other amounts receivable | 41 | €30,210 | €45,865 | +€15,655 | +51.8% |
| Current investments | 50/53 | €12,938 | €12,938 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €155,898 | €60,717 | -€95,181 | -61.1% |
| Deferred charges and accrued income | 490/1 | €12,845 | €14,630 | +€1,785 | +13.9% |
| Total equity and liabilities | 10/49 | €2,518,382 | €1,843,940 | -€674,442 | -26.8% |
| Equity | 10/15 | €204,202 | €309,793 | +€105,590 | +51.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €67,835 | €67,835 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €56,835 | €56,835 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,775 | €223,365 | +€105,590 | +89.7% |
| Amounts payable | 17/49 | €2,314,179 | €1,534,147 | -€780,032 | -33.7% |
| Amounts payable after more than one year | 17 | €66,667 | €16,666 | -€50,000 | -75.0% |
| Financial debts | 170/4 | €66,667 | €16,666 | -€50,000 | -75.0% |
| Amounts payable within one year | 42/48 | €2,247,513 | €1,517,481 | -€730,032 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €102,651 | €85,769 | -€16,882 | -16.4% |
| Financial debts | 43 | €479,911 | €307,825 | -€172,086 | -35.9% |
| Credit institutions | 430/8 | €479,911 | €307,825 | -€172,086 | -35.9% |
| Trade debts | 44 | €1,305,699 | €912,839 | -€392,860 | -30.1% |
| Suppliers | 440/4 | €1,305,699 | €912,839 | -€392,860 | -30.1% |
| Taxes, remuneration and social security | 45 | €239,252 | €211,047 | -€28,205 | -11.8% |
| Taxes | 450/3 | €127,832 | €108,111 | -€19,721 | -15.4% |
| Remuneration and social security | 454/9 | €111,420 | €102,937 | -€8,484 | -7.6% |
| Other amounts payable | 47/48 | €120,000 | €0 | -€120,000 | -100.0% |
| Non-recurring operating income | 76A | €1,738 | €2,500 | +€762 | +43.9% |
| Remuneration, social security and pensions | 62 | €637,116 | €656,468 | +€19,351 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,868 | €32,064 | -€10,804 | -25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €7,898 | €7,783 | -€116 | -1.5% |
| Non-recurring operating charges | 66A | €6,959 | €35,636 | +€28,678 | +412.1% |
| Gross operating margin | 9900 | €808,581 | €920,155 | +€111,574 | +13.8% |
| Operating profit (loss) | 9901 | €113,740 | €188,205 | +€74,465 | +65.5% |
| Financial income | 75/76B | €12,382 | €1,582 | -€10,800 | -87.2% |
| Recurring financial income | 75 | €12,382 | €1,582 | -€10,800 | -87.2% |
| Financial charges | 65/66B | €53,801 | €42,367 | -€11,434 | -21.3% |
| Recurring financial charges | 65 | €53,801 | €42,367 | -€11,434 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €72,321 | €147,420 | +€75,099 | +103.8% |
| Income taxes | 67/77 | €27,394 | €41,830 | +€14,436 | +52.7% |
| Profit (loss) for the period | 9904 | €44,927 | €105,590 | +€60,663 | +135.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,927 | €105,590 | +€60,663 | +135.0% |
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 8 October 2026 via checked.be.