Aline-D: 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.
Aline-D
Largest movements
- Current investments -€99,330
down €99,330 (-86.0%), from €115,487 to €16,157
- Receivables within one year +€34,175
up €34,175 (+111%), from €30,679 to €64,854
of which Trade receivables: +€29,454
- Cash +€23,647
up €23,647 (+39.7%), from €59,544 to €83,191
mainly Other debts (+€153,532) and Net result for the year (+€122,192)
- Deferred charges and accrued income +€9,015
up €9,015 (+319%), from €2,829 to €11,844
- Financial fixed assets -€7,889
down €7,889 (-11.6%), from €67,894 to €60,005
- Reserves -€197,808
down €197,808 (-87.8%), from €225,302 to €27,494
- Other debts +€153,532
up €153,532 (+5,403%), from €2,841 to €156,373
- Trade debts +€10,865
up €10,865 (+976%), from €1,114 to €11,979
- Current portion of long-term debt -€8,353
down €8,353 (-91.6%), from €9,116 to €762
- Depreciation -€16,160
down €16,160 (-79.8%), from €20,239 to €4,079
- Gross operating margin -€9,091
down €9,091 (-5.3%), from €171,809 to €162,718
- Taxes +€1,994
up €1,994 (+6.0%), from €33,030 to €35,024
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.
Derived cash bridge
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 | €286,121 | €245,127 | -€40,994 | -14.3% |
| Fixed assets | 21/28 | €77,581 | €69,081 | -€8,500 | -11.0% |
| Tangible fixed assets | 22/27 | €9,688 | €9,077 | -€611 | -6.3% |
| Plant, machinery and equipment | 23 | €0 | €2,678 | +€2,678 | |
| Furniture and vehicles | 24 | €8,629 | €4,214 | -€4,415 | -51.2% |
| Other tangible fixed assets | 26 | €1,059 | €2,184 | +€1,125 | +106% |
| Financial fixed assets | 28 | €67,894 | €60,005 | -€7,889 | -11.6% |
| Current assets | 29/58 | €208,539 | €176,046 | -€32,494 | -15.6% |
| Amounts receivable within one year | 40/41 | €30,679 | €64,854 | +€34,175 | +111% |
| Trade receivables | 40 | €30,295 | €59,749 | +€29,454 | +97.2% |
| Other amounts receivable | 41 | €385 | €5,105 | +€4,720 | +1,227% |
| Current investments | 50/53 | €115,487 | €16,157 | -€99,330 | -86.0% |
| Cash at bank and in hand | 54/58 | €59,544 | €83,191 | +€23,647 | +39.7% |
| Deferred charges and accrued income | 490/1 | €2,829 | €11,844 | +€9,015 | +319% |
| Total equity and liabilities | 10/49 | €286,121 | €245,127 | -€40,994 | -14.3% |
| Equity | 10/15 | €243,902 | €46,094 | -€197,808 | -81.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €225,302 | €27,494 | -€197,808 | -87.8% |
| Distributable reserves | 133 | €225,302 | €27,494 | -€197,808 | -87.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,218 | €199,033 | +€156,815 | +371% |
| Amounts payable after more than one year | 17 | €762 | €0 | -€762 | -100% |
| Financial debts | 170/4 | €762 | €0 | -€762 | -100% |
| Amounts payable within one year | 42/48 | €40,966 | €197,033 | +€156,067 | +381% |
| Current portion of amounts payable after more than one year | 42 | €9,116 | €762 | -€8,353 | -91.6% |
| Financial debts | 43 | €9,303 | €9,251 | -€52 | -0.6% |
| Credit institutions | 430/8 | €9,303 | €9,251 | -€52 | -0.6% |
| Trade debts | 44 | €1,114 | €11,979 | +€10,865 | +976% |
| Suppliers | 440/4 | €1,114 | €11,979 | +€10,865 | +976% |
| Taxes, remuneration and social security | 45 | €18,592 | €18,667 | +€76 | +0.4% |
| Taxes | 450/3 | €18,592 | €18,667 | +€76 | +0.4% |
| Other amounts payable | 47/48 | €2,841 | €156,373 | +€153,532 | +5,403% |
| Accrued charges and deferred income | 492/3 | €490 | €2,000 | +€1,510 | +308% |
| Non-recurring operating income | 76A | - | €690 | +€690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,239 | €4,079 | -€16,160 | -79.8% |
| Other operating charges | 640/8 | €1,024 | €1,077 | +€52 | +5.1% |
| Gross operating margin | 9900 | €171,809 | €162,718 | -€9,091 | -5.3% |
| Operating profit (loss) | 9901 | €150,546 | €157,562 | +€7,016 | +4.7% |
| Financial income | 75/76B | €4,906 | €5,196 | +€290 | +5.9% |
| Recurring financial income | 75 | €4,906 | €5,196 | +€290 | +5.9% |
| Financial charges | 65/66B | €4,574 | €5,543 | +€968 | +21.2% |
| Recurring financial charges | 65 | €4,574 | -€2,347 | -€6,921 | |
| Non-recurring financial charges | 66B | - | €7,889 | +€7,889 | |
| Profit (loss) for the period before taxes | 9903 | €150,878 | €157,216 | +€6,338 | +4.2% |
| Income taxes | 67/77 | €33,030 | €35,024 | +€1,994 | +6.0% |
| Profit (loss) for the period | 9904 | €117,848 | €122,192 | +€4,344 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €117,848 | €122,192 | +€4,344 | +3.7% |
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 25 October 2026 via checked.be.