ALINE SIMON: 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 SIMON
Largest movements
- Tangible fixed assets +€290,448
up €290,448 (+144%), from €201,744 to €492,192
of which Land and buildings: +€487,246
- Other debts +€174,631
up €174,631 (+114%), from €153,027 to €327,659
- Debts after one year +€151,176
new in 2025: €151,176
- Current portion of long-term debt -€24,285
down €24,285 (-77.5%), from €31,347 to €7,062
- Profit (loss) carried forward -€11,368
down €11,368 (-137%), from -€8,275 to -€19,643
- Trade debts -€6,221
down €6,221 (-38.7%), from €16,066 to €9,845
- Depreciation +€7,018
new in 2025: €7,018
- Gross operating margin +€3,753
up €3,753 (+88.0%), from -€4,265 to -€512
- Financial charges -€285
down €285 (-76.0%), from €375 to €90
- Other operating charges +€114
up €114 (+3.1%), from €3,635 to €3,748
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 | €212,165 | €496,099 | +€283,934 | +134% |
| Fixed assets | 21/28 | €202,494 | €492,942 | +€290,448 | +143% |
| Tangible fixed assets | 22/27 | €201,744 | €492,192 | +€290,448 | +144% |
| Land and buildings | 22 | €4,946 | €492,192 | +€487,246 | +9,851% |
| Assets under construction and advance payments | 27 | €196,798 | - | -€196,798 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €9,671 | €3,157 | -€6,514 | -67.4% |
| Cash at bank and in hand | 54/58 | €7,806 | €3,157 | -€4,649 | -59.6% |
| Deferred charges and accrued income | 490/1 | €1,865 | - | -€1,865 | |
| Total equity and liabilities | 10/49 | €212,165 | €496,099 | +€283,934 | +134% |
| Equity | 10/15 | €11,725 | €357 | -€11,368 | -97.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,275 | -€19,643 | -€11,368 | -137% |
| Amounts payable | 17/49 | €200,440 | €495,742 | +€295,302 | +147% |
| Amounts payable after more than one year | 17 | - | €151,176 | +€151,176 | |
| Financial debts | 170/4 | - | €151,176 | +€151,176 | |
| Amounts payable within one year | 42/48 | €200,440 | €344,566 | +€144,126 | +71.9% |
| Current portion of amounts payable after more than one year | 42 | €31,347 | €7,062 | -€24,285 | -77.5% |
| Trade debts | 44 | €16,066 | €9,845 | -€6,221 | -38.7% |
| Suppliers | 440/4 | €16,066 | €9,845 | -€6,221 | -38.7% |
| Other amounts payable | 47/48 | €153,027 | €327,659 | +€174,631 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,018 | +€7,018 | |
| Other operating charges | 640/8 | €3,635 | €3,748 | +€114 | +3.1% |
| Gross operating margin | 9900 | -€4,265 | -€512 | +€3,753 | +88.0% |
| Operating profit (loss) | 9901 | -€7,900 | -€11,278 | -€3,379 | -42.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €375 | €90 | -€285 | -76.0% |
| Recurring financial charges | 65 | €375 | €90 | -€285 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,275 | -€11,368 | -€3,094 | -37.4% |
| Profit (loss) for the period | 9904 | -€8,275 | -€11,368 | -€3,094 | -37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,275 | -€11,368 | -€3,094 | -37.4% |
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 14 October 2026 via checked.be.