ALINTER: 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.
ALINTER
Largest movements
- Tangible fixed assets -€251,827
down €251,827 (-3.0%), from €8.4m to €8.2m
of which Land and buildings: -€277,208
- Debts after one year -€773,520
down €773,520 (-12.9%), from €6.0m to €5.2m
of which Financial debts: -€546,520
- Other debts +€386,416
up €386,416 (+25.2%), from €1.5m to €1.9m
- Other operating charges +€180,012
new in 2025: €180,012
- Taxes -€59,290
down €59,290 (-70.5%), from €84,096 to €24,805
- Gross operating margin -€24,570
down €24,570 (-3.1%), from €780,178 to €755,608
- Financial charges +€18,175
up €18,175 (+10.0%), from €181,150 to €199,325
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 | €8,584,072 | €8,251,942 | -€332,130 | -3.9% |
| Fixed assets | 21/28 | €8,434,907 | €8,183,080 | -€251,827 | -3.0% |
| Tangible fixed assets | 22/27 | €8,434,907 | €8,183,080 | -€251,827 | -3.0% |
| Land and buildings | 22 | €7,772,186 | €7,494,977 | -€277,208 | -3.6% |
| Other tangible fixed assets | 26 | €662,722 | €688,102 | +€25,381 | +3.8% |
| Current assets | 29/58 | €149,165 | €68,863 | -€80,302 | -53.8% |
| Amounts receivable within one year | 40/41 | €140,182 | €65,611 | -€74,571 | -53.2% |
| Trade receivables | 40 | €2,661 | - | -€2,661 | |
| Other amounts receivable | 41 | €137,521 | €65,611 | -€71,910 | -52.3% |
| Cash at bank and in hand | 54/58 | €8,983 | €3,251 | -€5,732 | -63.8% |
| Total equity and liabilities | 10/49 | €8,584,072 | €8,251,942 | -€332,130 | -3.9% |
| Equity | 10/15 | €405,337 | €405,337 | = | 0.0% |
| Contributions | 10/11 | €330,815 | €330,815 | = | 0.0% |
| Capital | 10 | €330,815 | €330,815 | = | 0.0% |
| Issued capital | 100 | €330,815 | €330,815 | = | 0.0% |
| Reserves | 13 | €74,522 | €74,522 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,082 | €33,082 | = | 0.0% |
| Legal reserve | 130 | €33,082 | €33,082 | = | 0.0% |
| Distributable reserves | 133 | €41,440 | €41,440 | = | 0.0% |
| Amounts payable | 17/49 | €8,178,736 | €7,846,606 | -€332,130 | -4.1% |
| Amounts payable after more than one year | 17 | €5,977,186 | €5,203,666 | -€773,520 | -12.9% |
| Financial debts | 170/4 | €5,750,186 | €5,203,666 | -€546,520 | -9.5% |
| Other amounts payable | 178/9 | €227,000 | - | -€227,000 | |
| Amounts payable within one year | 42/48 | €2,201,550 | €2,642,940 | +€441,390 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €530,193 | €546,520 | +€16,326 | +3.1% |
| Financial debts | 43 | €26,380 | €31,326 | +€4,946 | +18.7% |
| Other loans | 439 | €26,380 | €31,326 | +€4,946 | +18.7% |
| Trade debts | 44 | €71,830 | €144,627 | +€72,798 | +101% |
| Suppliers | 440/4 | €71,830 | €144,627 | +€72,798 | +101% |
| Taxes, remuneration and social security | 45 | €39,096 | - | -€39,096 | |
| Taxes | 450/3 | €39,096 | - | -€39,096 | |
| Other amounts payable | 47/48 | €1,534,051 | €1,920,467 | +€386,416 | +25.2% |
| Non-recurring operating income | 76A | €25,381 | €25,381 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,208 | €277,208 | = | 0.0% |
| Other operating charges | 640/8 | - | €180,012 | +€180,012 | |
| Gross operating margin | 9900 | €780,178 | €755,608 | -€24,570 | -3.1% |
| Operating profit (loss) | 9901 | €502,969 | €298,388 | -€204,582 | -40.7% |
| Financial charges | 65/66B | €181,150 | €199,325 | +€18,175 | +10.0% |
| Recurring financial charges | 65 | €181,150 | €199,325 | +€18,175 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €321,819 | €99,063 | -€222,756 | -69.2% |
| Income taxes | 67/77 | €84,096 | €24,805 | -€59,290 | -70.5% |
| Profit (loss) for the period | 9904 | €237,723 | €74,257 | -€163,466 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €237,723 | €74,257 | -€163,466 | -68.8% |
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 13 October 2026 via checked.be.