ALINSO: 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.
What changed
ALINSO
NACE 81.100, Combined facilities support activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14.9m
2024 · €5.8m+€9.1m
Equity
€44.6m
2024 · €39.7m+€4.9m
Cash
€49,899
2024 · €94,277-€44,378
Balance sheet total
€144.8m
2024 · €143.6m+€1.1m
Largest movements
Assets
- Receivables within one year +€13.0m
up €13.0m (+111.8%), from €11.6m to €24.6m
of which Other amounts receivable: +€12.0m
- Tangible fixed assets -€6.7m
down €6.7m (-11.5%), from €58.0m to €51.3m
of which Land and buildings: -€7.2m
- Financial fixed assets -€4.5m
down €4.5m (-6.2%), from €72.9m to €68.3m
of which Affiliated companies: -€2.9m
Equity and liabilities
- Debts after one year -€9.4m
down €9.4m (-17.8%), from €52.6m to €43.2m
of which Financial debts: -€9.4m
- Other debts +€4.7m
up €4.7m (+76.7%), from €6.2m to €10.9m
- Profit (loss) carried forward +€3.2m
up €3.2m (+378.9%), from €843,682 to €4.0m
- Reserves +€1.7m
up €1.7m (+144.7%), from €1.2m to €2.9m
of which Tax-exempt reserves: +€1.0m
Income statement
- Financial income +€5.0m
up €5.0m (+82.7%), from €6.0m to €10.9m
- Goods and materials -€1.4m
down €1.4m (-98.2%), from €1.4m to €24,624
- Taxes +€917,163
up €917,163 (+599.5%), from €152,984 to €1.1m
- Provisions -€795,000
down €795,000, from €130,000 to -€665,000
- Write-downs +€694,001
up €694,001 (+23133.4%), from €3,000 to €697,001
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.
Result 2024
€5.8m
Turnover
-€140,039
Other operating income
+€10,660
Goods and materials
+€1.4m
Services and other goods
-€332,705
Staff costs
+€158,606
Depreciation
-€318,578
Write-downs
-€694,001
Provisions
+€795,000
Other operating charges
-€143,248
Other operating items
+€4.3m
Financial income
+€5.0m
Financial charges
+€420,873
Taxes
-€917,163
Deferred taxes and other
-€378,742
Result 2025
€14.9m
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.
From operations
+€11.6m
Investment
+€8.2m
Financing
-€19.8m
Cash 2024
€94,277
From operations (derived)
+€11.6m
Net result for the year
+€14.9m
Depreciation
+€2.8m
Receivables within one year
-€13.0m
Deferred charges and accrued income
+€804,387
Provisions
-€318,455
Trade debts
+€156,971
Tax, wage and social debts
+€702,803
Other debts
+€4.7m
Accrued charges and deferred income
+€739,262
Investment (derived)
+€8.2m
Investment in fixed assets (net)
+€8.4m
Current investments
-€200,000
Financing
-€19.8m
Debts after one year
-€9.4m
Current portion of long-term debt
-€443,591
Contributions, distributions and other
-€10.0m
Cash 2025
€49,899
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,635,292 | €144,753,742 | +€1.1m | +0.8% |
| Fixed assets | 21/28 | €130,824,397 | €119,600,726 | -€11.2m | -8.6% |
| Tangible fixed assets | 22/27 | €57,970,302 | €51,280,550 | -€6.7m | -11.5% |
| Land and buildings | 22 | €55,778,303 | €48,605,247 | -€7.2m | -12.9% |
| Plant, machinery and equipment | 23 | €970,615 | €1,096,435 | +€125,820 | +13.0% |
| Furniture and vehicles | 24 | €590,073 | €437,551 | -€152,523 | -25.8% |
| Other tangible fixed assets | 26 | €13,823 | €13,823 | = | 0.0% |
| Assets under construction and advance payments | 27 | €617,489 | €1,127,495 | +€510,007 | +82.6% |
| Financial fixed assets | 28 | €72,854,095 | €68,320,176 | -€4.5m | -6.2% |
| Affiliated companies | 280/1 | €69,644,653 | €66,711,859 | -€2.9m | -4.2% |
| Participating interests | 280 | €66,711,859 | €66,711,859 | = | 0.0% |
| Amounts receivable | 281 | €2,932,794 | - | -€2.9m | |
| Companies linked by participating interests | 282/3 | €2,752,192 | €1,608,317 | -€1.1m | -41.6% |
| Participating interests | 282 | €1,608,317 | €1,608,317 | = | 0.0% |
| Amounts receivable | 283 | €1,143,875 | - | -€1.1m | |
| Other financial fixed assets | 284/8 | €457,249 | - | -€457,249 | |
| Amounts receivable and cash guarantees | 285/8 | €457,249 | - | -€457,249 | |
| Current assets | 29/58 | €12,810,895 | €25,153,016 | +€12.3m | +96.3% |
| Amounts receivable within one year | 40/41 | €11,616,124 | €24,607,010 | +€13.0m | +111.8% |
| Trade receivables | 40 | €1,188,071 | €2,213,552 | +€1.0m | +86.3% |
| Other amounts receivable | 41 | €10,428,053 | €22,393,458 | +€12.0m | +114.7% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Other investments | 51/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €94,277 | €49,899 | -€44,378 | -47.1% |
| Deferred charges and accrued income | 490/1 | €1,100,495 | €296,108 | -€804,387 | -73.1% |
| Total equity and liabilities | 10/49 | €143,635,292 | €144,753,742 | +€1.1m | +0.8% |
| Equity | 10/15 | €39,666,775 | €44,597,700 | +€4.9m | +12.4% |
| Contributions | 10/11 | €37,624,235 | €37,624,235 | = | 0.0% |
| Capital | 10 | €37,624,233 | €37,624,233 | = | 0.0% |
| Issued capital | 100 | €37,624,233 | €37,624,233 | = | 0.0% |
| Contributions outside capital | 11 | €2 | €2 | = | 0.0% |
| Share premium | 1100/10 | €2 | €2 | = | 0.0% |
| Reserves | 13 | €1,198,859 | €2,933,058 | +€1.7m | +144.7% |
| Non-distributable reserves | 130/1 | €465,008 | €1,159,573 | +€694,565 | +149.4% |
| Legal reserve | 130 | €465,008 | €1,159,573 | +€694,565 | +149.4% |
| Tax-exempt reserves | 132 | €671,432 | €1,711,067 | +€1.0m | +154.8% |
| Distributable reserves | 133 | €62,419 | €62,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | €843,682 | €4,040,407 | +€3.2m | +378.9% |
| Provisions and deferred taxes | 16 | €2,088,181 | €1,769,726 | -€318,455 | -15.3% |
| Provisions for liabilities and charges | 160/5 | €1,864,311 | €1,199,311 | -€665,000 | -35.7% |
| Environmental obligations | 163 | €899,311 | €899,311 | = | 0.0% |
| Other liabilities and charges | 164/5 | €965,000 | €300,000 | -€665,000 | -68.9% |
| Deferred taxes | 168 | €223,870 | €570,415 | +€346,545 | +154.8% |
| Amounts payable | 17/49 | €101,880,336 | €98,386,316 | -€3.5m | -3.4% |
| Amounts payable after more than one year | 17 | €52,615,236 | €43,241,708 | -€9.4m | -17.8% |
| Financial debts | 170/4 | €52,602,841 | €43,229,313 | -€9.4m | -17.8% |
| Leasing and similar obligations | 172 | €55,781 | €34,527 | -€21,254 | -38.1% |
| Credit institutions | 173 | €52,547,060 | €43,194,786 | -€9.4m | -17.8% |
| Other amounts payable | 178/9 | €12,395 | €12,395 | = | 0.0% |
| Amounts payable within one year | 42/48 | €49,225,476 | €54,365,721 | +€5.1m | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €9,069,625 | €8,626,034 | -€443,591 | -4.9% |
| Financial debts | 43 | €29,200,000 | €29,200,000 | = | 0.0% |
| Other loans | 439 | €29,200,000 | €29,200,000 | = | 0.0% |
| Trade debts | 44 | €4,494,990 | €4,651,961 | +€156,971 | +3.5% |
| Suppliers | 440/4 | €4,494,990 | €4,651,961 | +€156,971 | +3.5% |
| Taxes, remuneration and social security | 45 | €300,314 | €1,003,118 | +€702,803 | +234.0% |
| Taxes | 450/3 | €143,323 | €912,219 | +€768,896 | +536.5% |
| Remuneration and social security | 454/9 | €156,992 | €90,899 | -€66,093 | -42.1% |
| Other amounts payable | 47/48 | €6,160,546 | €10,884,608 | +€4.7m | +76.7% |
| Accrued charges and deferred income | 492/3 | €39,625 | €778,887 | +€739,262 | +1865.7% |
| Operating income | 70/76A | €11,891,043 | €15,978,674 | +€4.1m | +34.4% |
| Turnover | 70 | €11,227,750 | €11,087,711 | -€140,039 | -1.2% |
| Other operating income | 74 | €128,570 | €139,230 | +€10,660 | +8.3% |
| Non-recurring operating income | 76A | €534,723 | €4,751,733 | +€4.2m | +788.6% |
| Operating charges | 60/66A | €8,358,864 | €7,425,459 | -€933,405 | -11.2% |
| Goods for resale, raw materials and consumables | 60 | €1,398,652 | €24,624 | -€1.4m | -98.2% |
| Purchases | 600/8 | €1,398,652 | €24,624 | -€1.4m | -98.2% |
| Services and other goods | 61 | €2,885,278 | €3,217,983 | +€332,705 | +11.5% |
| Remuneration, social security and pensions | 62 | €791,645 | €633,038 | -€158,606 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,512,048 | €2,830,626 | +€318,578 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,000 | €697,001 | +€694,001 | +23133.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €130,000 | -€665,000 | -€795,000 | |
| Other operating charges | 640/8 | €543,938 | €687,186 | +€143,248 | +26.3% |
| Non-recurring operating charges | 66A | €94,304 | - | -€94,304 | |
| Operating profit (loss) | 9901 | €3,532,179 | €8,553,216 | +€5.0m | +142.2% |
| Financial income | 75/76B | €5,986,911 | €10,937,074 | +€5.0m | +82.7% |
| Recurring financial income | 75 | €5,986,911 | €10,937,074 | +€5.0m | +82.7% |
| Income from financial fixed assets | 750 | €4,999,999 | €10,130,000 | +€5.1m | +102.6% |
| Income from current assets | 751 | €962,488 | €804,076 | -€158,413 | -16.5% |
| Other financial income | 752/9 | €24,423 | €2,999 | -€21,424 | -87.7% |
| Financial charges | 65/66B | €3,563,545 | €3,142,672 | -€420,873 | -11.8% |
| Recurring financial charges | 65 | €3,563,545 | €3,142,672 | -€420,873 | -11.8% |
| Debt charges | 650 | €3,547,657 | €3,109,521 | -€438,137 | -12.4% |
| Other financial charges | 652/9 | €15,888 | €33,151 | +€17,263 | +108.7% |
| Profit (loss) for the period before taxes | 9903 | €5,955,545 | €16,347,618 | +€10.4m | +174.5% |
| Transfer from deferred taxes | 780 | €32,197 | €29,654 | -€2,543 | -7.9% |
| Transfer to deferred taxes | 680 | - | €376,199 | +€376,199 | |
| Income taxes | 67/77 | €152,984 | €1,070,147 | +€917,163 | +599.5% |
| Taxes | 670/3 | €152,984 | €1,070,147 | +€917,163 | +599.5% |
| Profit (loss) for the period | 9904 | €5,834,758 | €14,930,925 | +€9.1m | +155.9% |
| Transfer from tax-exempt reserves | 789 | €96,592 | €88,962 | -€7,630 | -7.9% |
| Transfer to tax-exempt reserves | 689 | - | €1,128,597 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €5,931,350 | €13,891,290 | +€8.0m | +134.2% |
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 11 October 2026 via checked.be.