ALINEA: 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.
ALINEA
Largest movements
- Cash +€138,570
up €138,570 (+548.9%), from €25,244 to €163,814
mainly Investment in fixed assets (net) (+€95,524) and Other debts (+€59,100)
- Financial fixed assets -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year -€31,013
down €31,013 (-65.5%), from €47,358 to €16,345
of which Trade receivables: -€36,260
- Deferred charges and accrued income -€16,085
down €16,085 (-57.9%), from €27,757 to €11,672
- Tangible fixed assets -€13,312
down €13,312 (-25.2%), from €52,776 to €39,465
of which Furniture and vehicles: -€13,334
- Reserves -€80,151
down €80,151 (-49.8%), from €160,806 to €80,655
- Other debts +€59,100
up €59,100 (+6566.7%), from €900 to €60,000
- Financial income +€35,222
up €35,222 (+234.2%), from €15,040 to €50,262
of which Non-recurring financial income: +€50,000
- Gross operating margin -€34,469
down €34,469 (-71.3%), from €48,338 to €13,868
- Taxes -€6,240
down €6,240 (-97.4%), from €6,407 to €167
- Financial charges -€3,489
down €3,489 (-36.6%), from €9,547 to €6,057
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 | €253,136 | €231,296 | -€21,840 | -8.6% |
| Fixed assets | 21/28 | €152,776 | €39,465 | -€113,312 | -74.2% |
| Tangible fixed assets | 22/27 | €52,776 | €39,465 | -€13,312 | -25.2% |
| Plant, machinery and equipment | 23 | €4,511 | €2,881 | -€1,630 | -36.1% |
| Furniture and vehicles | 24 | €27,531 | €14,198 | -€13,334 | -48.4% |
| Other tangible fixed assets | 26 | €20,734 | €22,386 | +€1,652 | +8.0% |
| Financial fixed assets | 28 | €100,000 | - | -€100,000 | |
| Current assets | 29/58 | €100,359 | €191,831 | +€91,472 | +91.1% |
| Amounts receivable within one year | 40/41 | €47,358 | €16,345 | -€31,013 | -65.5% |
| Trade receivables | 40 | €36,300 | €41 | -€36,260 | -99.9% |
| Other amounts receivable | 41 | €11,058 | €16,304 | +€5,246 | +47.4% |
| Cash at bank and in hand | 54/58 | €25,244 | €163,814 | +€138,570 | +548.9% |
| Deferred charges and accrued income | 490/1 | €27,757 | €11,672 | -€16,085 | -57.9% |
| Total equity and liabilities | 10/49 | €253,136 | €231,296 | -€21,840 | -8.6% |
| Equity | 10/15 | €185,806 | €105,655 | -€80,151 | -43.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €160,806 | €80,655 | -€80,151 | -49.8% |
| Distributable reserves | 133 | €160,806 | €80,655 | -€80,151 | -49.8% |
| Amounts payable | 17/49 | €67,330 | €125,641 | +€58,312 | +86.6% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,961 | €62,668 | +€58,706 | +1482.1% |
| Trade debts | 44 | €568 | €523 | -€45 | -7.8% |
| Suppliers | 440/4 | €568 | €523 | -€45 | -7.8% |
| Taxes, remuneration and social security | 45 | €2,493 | €2,144 | -€349 | -14.0% |
| Taxes | 450/3 | €2,493 | €2,144 | -€349 | -14.0% |
| Other amounts payable | 47/48 | €900 | €60,000 | +€59,100 | +6566.7% |
| Accrued charges and deferred income | 492/3 | €3,368 | €2,974 | -€395 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,312 | €17,788 | +€475 | +2.7% |
| Other operating charges | 640/8 | €312 | €270 | -€42 | -13.4% |
| Gross operating margin | 9900 | €48,338 | €13,868 | -€34,469 | -71.3% |
| Operating profit (loss) | 9901 | €30,713 | -€4,189 | -€34,903 | |
| Financial income | 75/76B | €15,040 | €50,262 | +€35,222 | +234.2% |
| Recurring financial income | 75 | €15,040 | €262 | -€14,778 | -98.3% |
| Non-recurring financial income | 76B | - | €50,000 | +€50,000 | |
| Financial charges | 65/66B | €9,547 | €6,057 | -€3,489 | -36.6% |
| Recurring financial charges | 65 | €9,547 | €6,057 | -€3,489 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €36,206 | €40,015 | +€3,809 | +10.5% |
| Income taxes | 67/77 | €6,407 | €167 | -€6,240 | -97.4% |
| Profit (loss) for the period | 9904 | €29,799 | €39,849 | +€10,049 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,799 | €39,849 | +€10,049 | +33.7% |
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.