Aline & Partners: 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 & Partners
Largest movements
- Tangible fixed assets +€636,954
up €636,954 (+524%), from €121,452 to €758,407
of which Land and buildings: +€632,604
- Cash -€201,015
down €201,015 (-72.2%), from €278,438 to €77,423
mainly Investment in fixed assets (net) (-€773,734) and Other debts (-€135,986)
- Receivables after one year -€70,006
down €70,006 (-64.8%), from €108,006 to €38,000
- Receivables within one year -€38,280
down €38,280 (-30.4%), from €126,037 to €87,757
of which Other amounts receivable: -€43,226
- Deferred charges and accrued income +€12,990
up €12,990 (+1,076%), from €1,208 to €14,198
- Debts after one year +€365,283
up €365,283 (+818%), from €44,671 to €409,954
- Other debts -€135,986
down €135,986 (-97.6%), from €139,308 to €3,322
- Reserves +€95,981
up €95,981 (+31.8%), from €302,010 to €397,992
of which Distributable reserves: +€95,981
- Current portion of long-term debt +€42,519
up €42,519 (+300%), from €14,172 to €56,692
- Tax, wage and social debts -€38,733
down €38,733 (-43.1%), from €89,823 to €51,090
of which Taxes: -€37,361
- Depreciation +€114,339
up €114,339 (+510%), from €22,441 to €136,780
- Gross operating margin -€68,657
down €68,657 (-16.7%), from €410,413 to €341,755
- Taxes -€49,737
down €49,737 (-53.4%), from €93,216 to €43,479
- Financial charges +€17,076
up €17,076 (+738%), from €2,313 to €19,389
- Staff costs -€15,369
down €15,369 (-26.1%), from €58,962 to €43,592
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 | €636,866 | €986,510 | +€349,644 | +54.9% |
| Fixed assets | 21/28 | €123,177 | €760,132 | +€636,954 | +517% |
| Tangible fixed assets | 22/27 | €121,452 | €758,407 | +€636,954 | +524% |
| Land and buildings | 22 | - | €632,604 | +€632,604 | |
| Plant, machinery and equipment | 23 | - | €35,847 | +€35,847 | |
| Furniture and vehicles | 24 | €121,452 | €89,956 | -€31,496 | -25.9% |
| Financial fixed assets | 28 | €1,725 | €1,725 | = | 0.0% |
| Current assets | 29/58 | €513,688 | €226,378 | -€287,310 | -55.9% |
| Amounts receivable after more than one year | 29 | €108,006 | €38,000 | -€70,006 | -64.8% |
| Other amounts receivable | 291 | €108,006 | €38,000 | -€70,006 | -64.8% |
| Amounts receivable within one year | 40/41 | €126,037 | €87,757 | -€38,280 | -30.4% |
| Trade receivables | 40 | €82,702 | €87,649 | +€4,947 | +6.0% |
| Other amounts receivable | 41 | €43,335 | €109 | -€43,226 | -99.7% |
| Current investments | 50/53 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €278,438 | €77,423 | -€201,015 | -72.2% |
| Deferred charges and accrued income | 490/1 | €1,208 | €14,198 | +€12,990 | +1,076% |
| Total equity and liabilities | 10/49 | €636,866 | €986,510 | +€349,644 | +54.9% |
| Equity | 10/15 | €314,410 | €410,392 | +€95,981 | +30.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €302,010 | €397,992 | +€95,981 | +31.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €302,010 | €397,992 | +€95,981 | +31.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €322,455 | €576,118 | +€253,663 | +78.7% |
| Amounts payable after more than one year | 17 | €44,671 | €409,954 | +€365,283 | +818% |
| Financial debts | 170/4 | €44,671 | €409,954 | +€365,283 | +818% |
| Amounts payable within one year | 42/48 | €277,784 | €146,507 | -€131,277 | -47.3% |
| Current portion of amounts payable after more than one year | 42 | €14,172 | €56,692 | +€42,519 | +300% |
| Financial debts | 43 | €27,971 | €17,945 | -€10,027 | -35.8% |
| Credit institutions | 430/8 | €27,971 | €17,945 | -€10,027 | -35.8% |
| Trade debts | 44 | €6,510 | €17,458 | +€10,949 | +168% |
| Suppliers | 440/4 | €6,510 | €17,458 | +€10,949 | +168% |
| Taxes, remuneration and social security | 45 | €89,823 | €51,090 | -€38,733 | -43.1% |
| Taxes | 450/3 | €78,889 | €41,528 | -€37,361 | -47.4% |
| Remuneration and social security | 454/9 | €10,933 | €9,562 | -€1,371 | -12.5% |
| Other amounts payable | 47/48 | €139,308 | €3,322 | -€135,986 | -97.6% |
| Accrued charges and deferred income | 492/3 | - | €19,658 | +€19,658 | |
| Remuneration, social security and pensions | 62 | €58,962 | €43,592 | -€15,369 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,441 | €136,780 | +€114,339 | +510% |
| Other operating charges | 640/8 | €2,107 | €4,458 | +€2,352 | +112% |
| Non-recurring operating charges | 66A | - | €987 | +€987 | |
| Gross operating margin | 9900 | €410,413 | €341,755 | -€68,657 | -16.7% |
| Operating profit (loss) | 9901 | €326,903 | €155,938 | -€170,966 | -52.3% |
| Financial income | 75/76B | €4,319 | €2,912 | -€1,407 | -32.6% |
| Recurring financial income | 75 | €4,319 | €2,912 | -€1,407 | -32.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,313 | €19,389 | +€17,076 | +738% |
| Recurring financial charges | 65 | €2,313 | €19,389 | +€17,076 | +738% |
| Profit (loss) for the period before taxes | 9903 | €328,909 | €139,460 | -€189,449 | -57.6% |
| Income taxes | 67/77 | €93,216 | €43,479 | -€49,737 | -53.4% |
| Profit (loss) for the period | 9904 | €235,693 | €95,981 | -€139,712 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €235,693 | €95,981 | -€139,712 | -59.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.