ALIPLAST: 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
ALIPLAST
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45.2m
2024 · €34.4m+€10.8m
Equity
€323.2m
2024 · €278.0m+€45.2m
Cash
€2.8m
2024 · €2.9m-€121,774
Balance sheet total
€628.1m
2024 · €573.3m+€54.8m
Largest movements
Assets
- Financial fixed assets +€53.8m
up €53.8m (+9.8%), from €551.5m to €605.3m
of which Affiliated companies: +€53.8m
Equity and liabilities
- Profit (loss) carried forward +€45.2m
up €45.2m (+18.0%), from €251.3m to €296.5m
- Debts after one year +€7.7m
up €7.7m (+2.7%), from €282.1m to €289.8m
Income statement
- Financial income +€12.4m
up €12.4m (+49.6%), from €25.1m to €37.5m
- Other operating charges +€936,862
up €936,862 (+198%), from €473,641 to €1.4m
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
€34.4m
Turnover
-€654,769
Other operating income
+€243,636
Goods and materials
-€561,390
Services and other goods
-€14,893
Staff costs
-€321,785
Depreciation
-€5,544
Write-downs
+€75,624
Other operating charges
-€936,862
Other operating items
-€12,697
Financial income
+€12.4m
Financial charges
-€278,103
Taxes
+€819,936
Result 2025
€45.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€48.0m
Investment
-€55.5m
Financing
+€7.4m
Cash 2024
€2.9m
From operations (derived)
+€48.0m
Net result for the year
+€45.2m
Depreciation
+€1.3m
Stocks and contracts
-€503,767
Receivables within one year
-€197,180
Smaller working-capital items
-€240
Trade debts
+€2.4m
Tax, wage and social debts
-€182,682
Investment (derived)
-€55.5m
Investment in fixed assets (net)
-€55.5m
Financing
+€7.4m
Debts after one year
+€7.7m
Current portion of long-term debt
-€2,570
Short-term financial debts
-€259,558
Cash 2025
€2.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €573,278,907 | €628,091,979 | +€54.8m | +9.6% |
| Fixed assets | 21/28 | €557,318,003 | €611,543,411 | +€54.2m | +9.7% |
| Intangible fixed assets | 21 | €181,844 | €190,469 | +€8,625 | +4.7% |
| Tangible fixed assets | 22/27 | €5,683,246 | €6,082,548 | +€399,302 | +7.0% |
| Land and buildings | 22 | €1,842,357 | €2,252,371 | +€410,014 | +22.3% |
| Plant, machinery and equipment | 23 | €2,715,381 | €2,631,935 | -€83,446 | -3.1% |
| Furniture and vehicles | 24 | €692,856 | €657,291 | -€35,565 | -5.1% |
| Leasing and similar rights | 25 | €8,764 | €4,188 | -€4,576 | -52.2% |
| Other tangible fixed assets | 26 | €60,198 | €51,647 | -€8,551 | -14.2% |
| Assets under construction and advance payments | 27 | €363,690 | €485,116 | +€121,426 | +33.4% |
| Financial fixed assets | 28 | €551,452,913 | €605,270,395 | +€53.8m | +9.8% |
| Affiliated companies | 280/1 | €551,447,522 | €605,265,004 | +€53.8m | +9.8% |
| Participating interests | 280 | €466,731,076 | €554,731,076 | +€88.0m | +18.9% |
| Amounts receivable | 281 | €84,716,445 | €50,533,927 | -€34.2m | -40.3% |
| Other financial fixed assets | 284/8 | €5,391 | €5,391 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,391 | €5,391 | = | 0.0% |
| Current assets | 29/58 | €15,960,904 | €16,548,568 | +€587,664 | +3.7% |
| Stocks and contracts in progress | 3 | €8,488,897 | €8,992,664 | +€503,767 | +5.9% |
| Stocks | 30/36 | €8,488,897 | €8,992,664 | +€503,767 | +5.9% |
| Raw materials and consumables | 30/31 | €7,485,230 | €7,539,332 | +€54,102 | +0.7% |
| Work in progress | 32 | €284,730 | €286,591 | +€1,860 | +0.7% |
| Finished goods | 33 | €718,936 | €1,166,741 | +€447,805 | +62.3% |
| Amounts receivable within one year | 40/41 | €4,211,899 | €4,409,079 | +€197,180 | +4.7% |
| Trade receivables | 40 | €3,909,135 | €3,975,788 | +€66,652 | +1.7% |
| Other amounts receivable | 41 | €302,763 | €433,291 | +€130,528 | +43.1% |
| Cash at bank and in hand | 54/58 | €2,913,733 | €2,791,959 | -€121,774 | -4.2% |
| Deferred charges and accrued income | 490/1 | €346,375 | €354,866 | +€8,491 | +2.5% |
| Total equity and liabilities | 10/49 | €573,278,907 | €628,091,979 | +€54.8m | +9.6% |
| Equity | 10/15 | €278,009,928 | €323,195,250 | +€45.2m | +16.3% |
| Contributions | 10/11 | €14,000,000 | €14,000,000 | = | 0.0% |
| Capital | 10 | €14,000,000 | €14,000,000 | = | 0.0% |
| Issued capital | 100 | €14,000,000 | €14,000,000 | = | 0.0% |
| Reserves | 13 | €12,686,249 | €12,686,249 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,400,000 | €1,400,000 | = | 0.0% |
| Legal reserve | 130 | €1,400,000 | €1,400,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,500 | €10,500 | = | 0.0% |
| Distributable reserves | 133 | €11,275,749 | €11,275,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €251,323,680 | €296,509,001 | +€45.2m | +18.0% |
| Amounts payable | 17/49 | €295,268,979 | €304,896,729 | +€9.6m | +3.3% |
| Amounts payable after more than one year | 17 | €282,124,905 | €289,793,435 | +€7.7m | +2.7% |
| Financial debts | 170/4 | €282,124,905 | €289,793,435 | +€7.7m | +2.7% |
| Other loans | 174 | €282,124,905 | €289,793,435 | +€7.7m | +2.7% |
| Amounts payable within one year | 42/48 | €13,144,074 | €15,103,294 | +€2.0m | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €2,570 | - | -€2,570 | |
| Financial debts | 43 | €1,987,485 | €1,727,927 | -€259,558 | -13.1% |
| Credit institutions | 430/8 | €1,987,485 | €1,727,927 | -€259,558 | -13.1% |
| Trade debts | 44 | €8,013,339 | €10,409,118 | +€2.4m | +29.9% |
| Suppliers | 440/4 | €8,013,339 | €10,409,118 | +€2.4m | +29.9% |
| Taxes, remuneration and social security | 45 | €2,255,594 | €2,072,912 | -€182,682 | -8.1% |
| Taxes | 450/3 | €611,179 | €289,095 | -€322,084 | -52.7% |
| Remuneration and social security | 454/9 | €1,644,415 | €1,783,818 | +€139,403 | +8.5% |
| Other amounts payable | 47/48 | €885,086 | €893,337 | +€8,251 | +0.9% |
| Operating income | 70/76A | €88,005,181 | €87,581,351 | -€423,830 | -0.5% |
| Turnover | 70 | €86,648,898 | €85,994,129 | -€654,769 | -0.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €186,833 | €449,665 | +€262,832 | +141% |
| Other operating income | 74 | €893,922 | €1,137,557 | +€243,636 | +27.3% |
| Non-recurring operating income | 76A | €275,529 | - | -€275,529 | |
| Operating charges | 60/66A | €65,181,497 | €66,946,347 | +€1.8m | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €39,320,257 | €39,881,648 | +€561,390 | +1.4% |
| Purchases | 600/8 | €37,953,148 | €39,935,749 | +€2.0m | +5.2% |
| Change in stocks: decrease (increase) | 609 | €1,367,110 | -€54,102 | -€1.4m | |
| Services and other goods | 61 | €10,136,287 | €10,151,180 | +€14,893 | +0.1% |
| Remuneration, social security and pensions | 62 | €14,150,128 | €14,471,912 | +€321,785 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,311,005 | €1,316,549 | +€5,544 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€209,821 | -€285,445 | -€75,624 | -36.0% |
| Other operating charges | 640/8 | €473,641 | €1,410,504 | +€936,862 | +198% |
| Operating profit (loss) | 9901 | €22,823,685 | €20,635,004 | -€2.2m | -9.6% |
| Financial income | 75/76B | €25,074,539 | €37,501,151 | +€12.4m | +49.6% |
| Recurring financial income | 75 | €25,074,539 | €37,501,151 | +€12.4m | +49.6% |
| Income from financial fixed assets | 750 | €24,945,544 | €37,376,245 | +€12.4m | +49.8% |
| Other financial income | 752/9 | €128,995 | €124,906 | -€4,089 | -3.2% |
| Financial charges | 65/66B | €8,664,989 | €8,943,091 | +€278,103 | +3.2% |
| Recurring financial charges | 65 | €8,664,989 | €8,943,091 | +€278,103 | +3.2% |
| Debt charges | 650 | €7,545,926 | €7,880,688 | +€334,762 | +4.4% |
| Other financial charges | 652/9 | €1,119,062 | €1,062,403 | -€56,659 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €39,233,235 | €49,193,064 | +€10.0m | +25.4% |
| Income taxes | 67/77 | €4,827,678 | €4,007,742 | -€819,936 | -17.0% |
| Taxes | 670/3 | €4,840,000 | €4,015,000 | -€825,000 | -17.0% |
| Tax adjustments and reversals of tax provisions | 77 | €12,322 | €7,258 | -€5,064 | -41.1% |
| Profit (loss) for the period | 9904 | €34,405,556 | €45,185,322 | +€10.8m | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,405,556 | €45,185,322 | +€10.8m | +31.3% |
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.