ALINEL: 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.
ALINEL
Largest movements
- Receivables after one year +€400,000
up €400,000 (+100.0%), from €400,000 to €800,000
- Stocks and contracts -€208,352
down €208,352 (-17.7%), from €1.2m to €967,434
of which Stocks: -€210,579
- Receivables within one year -€106,993
down €106,993 (-13.3%), from €804,218 to €697,225
of which Trade receivables: -€192,132
- Intangible fixed assets -€38,371
down €38,371 (-51.7%), from €74,232 to €35,861
- Reserves +€341,421
up €341,421 (+19.0%), from €1.8m to €2.1m
of which Distributable reserves: +€797,433
- Trade debts -€329,118
down €329,118 (-51.8%), from €635,846 to €306,728
- Other debts -€51,031
down €51,031 (-15.3%), from €332,573 to €281,541
- Debts after one year +€42,582
up €42,582 (+246.9%), from €17,248 to €59,831
- Gross operating margin -€315,492
down €315,492 (-23.1%), from €1.4m to €1.0m
- Taxes -€33,671
down €33,671 (-20.9%), from €161,125 to €127,454
- Other operating charges +€25,891
up €25,891 (+1259.5%), from €2,056 to €27,947
- Financial income +€23,876
up €23,876 (+819.5%), from €2,914 to €26,789
- Staff costs +€18,797
up €18,797 (+9.0%), from €209,769 to €228,566
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,552,154 | €3,518,972 | -€33,182 | -0.9% |
| Fixed assets | 21/28 | €317,385 | €247,057 | -€70,328 | -22.2% |
| Intangible fixed assets | 21 | €74,232 | €35,861 | -€38,371 | -51.7% |
| Tangible fixed assets | 22/27 | €242,990 | €210,834 | -€32,156 | -13.2% |
| Plant, machinery and equipment | 23 | €87,661 | €76,708 | -€10,953 | -12.5% |
| Furniture and vehicles | 24 | €130,858 | €119,116 | -€11,742 | -9.0% |
| Other tangible fixed assets | 26 | €24,471 | €15,009 | -€9,462 | -38.7% |
| Financial fixed assets | 28 | €162 | €362 | +€200 | +123.2% |
| Current assets | 29/58 | €3,234,770 | €3,271,915 | +€37,145 | +1.1% |
| Amounts receivable after more than one year | 29 | €400,000 | €800,000 | +€400,000 | +100.0% |
| Other amounts receivable | 291 | €400,000 | €800,000 | +€400,000 | +100.0% |
| Stocks and contracts in progress | 3 | €1,175,785 | €967,434 | -€208,352 | -17.7% |
| Stocks | 30/36 | €1,117,439 | €906,859 | -€210,579 | -18.8% |
| Contracts in progress | 37 | €58,347 | €60,574 | +€2,227 | +3.8% |
| Amounts receivable within one year | 40/41 | €804,218 | €697,225 | -€106,993 | -13.3% |
| Trade receivables | 40 | €574,304 | €382,172 | -€192,132 | -33.5% |
| Other amounts receivable | 41 | €229,914 | €315,053 | +€85,139 | +37.0% |
| Cash at bank and in hand | 54/58 | €788,149 | €764,941 | -€23,208 | -2.9% |
| Deferred charges and accrued income | 490/1 | €66,618 | €42,316 | -€24,302 | -36.5% |
| Total equity and liabilities | 10/49 | €3,552,154 | €3,518,972 | -€33,182 | -0.9% |
| Equity | 10/15 | €2,398,421 | €2,739,842 | +€341,421 | +14.2% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €1,798,421 | €2,139,842 | +€341,421 | +19.0% |
| Tax-exempt reserves | 132 | €456,012 | €0 | -€456,012 | -100.0% |
| Distributable reserves | 133 | €1,342,409 | €2,139,842 | +€797,433 | +59.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,153,733 | €779,130 | -€374,603 | -32.5% |
| Amounts payable after more than one year | 17 | €17,248 | €59,831 | +€42,582 | +246.9% |
| Financial debts | 170/4 | €17,248 | €59,831 | +€42,582 | +246.9% |
| Amounts payable within one year | 42/48 | €1,134,304 | €719,299 | -€415,004 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €62,274 | €32,822 | -€29,451 | -47.3% |
| Trade debts | 44 | €635,846 | €306,728 | -€329,118 | -51.8% |
| Suppliers | 440/4 | €635,846 | €306,728 | -€329,118 | -51.8% |
| Advances received on contracts in progress | 46 | €69,995 | €53,443 | -€16,552 | -23.6% |
| Taxes, remuneration and social security | 45 | €33,616 | €44,765 | +€11,149 | +33.2% |
| Taxes | 450/3 | €13,842 | €6,965 | -€6,877 | -49.7% |
| Remuneration and social security | 454/9 | €19,774 | €37,800 | +€18,026 | +91.2% |
| Other amounts payable | 47/48 | €332,573 | €281,541 | -€51,031 | -15.3% |
| Accrued charges and deferred income | 492/3 | €2,181 | €0 | -€2,181 | -100.0% |
| Remuneration, social security and pensions | 62 | €209,769 | €228,566 | +€18,797 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,162 | €99,441 | -€7,721 | -7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€14,059 | -€14,059 | |
| Other operating charges | 640/8 | €2,056 | €27,947 | +€25,891 | +1259.5% |
| Gross operating margin | 9900 | €1,363,817 | €1,048,325 | -€315,492 | -23.1% |
| Operating profit (loss) | 9901 | €1,044,830 | €706,431 | -€338,400 | -32.4% |
| Financial income | 75/76B | €2,914 | €26,789 | +€23,876 | +819.5% |
| Recurring financial income | 75 | €2,914 | €26,789 | +€23,876 | +819.5% |
| Financial charges | 65/66B | €13,661 | €14,345 | +€684 | +5.0% |
| Recurring financial charges | 65 | €13,661 | €14,345 | +€684 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €1,034,083 | €718,875 | -€315,208 | -30.5% |
| Income taxes | 67/77 | €161,125 | €127,454 | -€33,671 | -20.9% |
| Profit (loss) for the period | 9904 | €872,958 | €591,421 | -€281,537 | -32.3% |
| Transfer from tax-exempt reserves | 789 | - | €456,012 | +€456,012 | |
| Transfer to tax-exempt reserves | 689 | €256,030 | €0 | -€256,030 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €616,928 | €1,047,433 | +€430,505 | +69.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.