ALITHO Construct: 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.
ALITHO Construct
Largest movements
- Stocks and contracts -€178,411
down €178,411 (-20.0%), from €893,722 to €715,311
- Other debts +€275,886
up €275,886 (+72.9%), from €378,593 to €654,479
- Trade debts -€266,446
down €266,446 (-68.2%), from €390,889 to €124,443
- Tax, wage and social debts -€107,621
no longer reported in 2025 (was €107,621)
- Profit (loss) carried forward -€99,798
down €99,798 (-87.2%), from -€114,436 to -€214,234
- Gross operating margin -€95,199
down €95,199, from €3,063 to -€92,136
- Financial charges +€2,534
up €2,534 (+83.0%), from €3,054 to €5,588
- Other operating charges -€1,580
down €1,580 (-51.7%), from €3,055 to €1,475
- Taxes -€1,205
down €1,205 (-88.0%), from €1,370 to €165
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 | €1,207,023 | €1,012,158 | -€194,865 | -16.1% |
| Fixed assets | 21/28 | €907 | €473 | -€434 | -47.9% |
| Tangible fixed assets | 22/27 | €907 | €473 | -€434 | -47.9% |
| Furniture and vehicles | 24 | €907 | €473 | -€434 | -47.9% |
| Current assets | 29/58 | €1,206,116 | €1,011,685 | -€194,431 | -16.1% |
| Stocks and contracts in progress | 3 | €893,722 | €715,311 | -€178,411 | -20.0% |
| Stocks | 30/36 | €893,722 | €715,311 | -€178,411 | -20.0% |
| Amounts receivable within one year | 40/41 | €303,787 | €294,960 | -€8,827 | -2.9% |
| Trade receivables | 40 | €294,037 | €279,874 | -€14,163 | -4.8% |
| Other amounts receivable | 41 | €9,750 | €15,086 | +€5,336 | +54.7% |
| Cash at bank and in hand | 54/58 | €8,607 | €1,414 | -€7,193 | -83.6% |
| Total equity and liabilities | 10/49 | €1,207,023 | €1,012,158 | -€194,865 | -16.1% |
| Equity | 10/15 | €5,564 | -€94,234 | -€99,798 | |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,436 | -€214,234 | -€99,798 | -87.2% |
| Amounts payable | 17/49 | €1,201,459 | €1,106,392 | -€95,067 | -7.9% |
| Amounts payable within one year | 42/48 | €1,201,459 | €1,106,392 | -€95,067 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €8,302 | - | -€8,302 | |
| Financial debts | 43 | €316,054 | €327,470 | +€11,416 | +3.6% |
| Credit institutions | 430/8 | €316,054 | €327,470 | +€11,416 | +3.6% |
| Trade debts | 44 | €390,889 | €124,443 | -€266,446 | -68.2% |
| Suppliers | 440/4 | €390,889 | €124,443 | -€266,446 | -68.2% |
| Taxes, remuneration and social security | 45 | €107,621 | - | -€107,621 | |
| Taxes | 450/3 | €107,621 | - | -€107,621 | |
| Other amounts payable | 47/48 | €378,593 | €654,479 | +€275,886 | +72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434 | €434 | = | 0.0% |
| Other operating charges | 640/8 | €3,055 | €1,475 | -€1,580 | -51.7% |
| Gross operating margin | 9900 | €3,063 | -€92,136 | -€95,199 | |
| Operating profit (loss) | 9901 | -€426 | -€94,045 | -€93,619 | -21,976% |
| Financial charges | 65/66B | €3,054 | €5,588 | +€2,534 | +83.0% |
| Recurring financial charges | 65 | €3,054 | €5,588 | +€2,534 | +83.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,480 | -€99,633 | -€96,153 | -2,763% |
| Income taxes | 67/77 | €1,370 | €165 | -€1,205 | -88.0% |
| Profit (loss) for the period | 9904 | -€4,850 | -€99,798 | -€94,948 | -1,958% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,850 | -€99,798 | -€94,948 | -1,958% |
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 17 October 2026 via checked.be.