ALITUM: 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.
ALITUM
Largest movements
- Current investments -€225,000
down €225,000 (-80.5%), from €279,642 to €54,642
- Cash +€53,970
up €53,970 (+66.3%), from €81,359 to €135,329
mainly Current investments (+€225,000) and Net result for the year (+€48,033)
- Tangible fixed assets -€6,011
down €6,011 (-34.8%), from €17,296 to €11,285
of which Plant, machinery and equipment: -€5,752
- Other debts -€100,000
no longer reported in 2025 (was €100,000)
- Profit (loss) carried forward -€73,904
down €73,904 (-49.4%), from €149,607 to €75,702
- Gross operating margin +€13,870
up €13,870 (+26.8%), from €51,844 to €65,715
- Depreciation +€3,803
up €3,803 (+115.6%), from €3,290 to €7,093
- Taxes +€2,637
up €2,637 (+18.1%), from €14,605 to €17,241
- Financial income -€2,597
down €2,597 (-26.3%), from €9,858 to €7,262
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,855 | €206,009 | -€175,846 | -46.1% |
| Fixed assets | 21/28 | €17,321 | €11,310 | -€6,011 | -34.7% |
| Tangible fixed assets | 22/27 | €17,296 | €11,285 | -€6,011 | -34.8% |
| Plant, machinery and equipment | 23 | €15,094 | €9,342 | -€5,752 | -38.1% |
| Furniture and vehicles | 24 | €2,202 | €1,943 | -€259 | -11.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €364,534 | €194,699 | -€169,835 | -46.6% |
| Amounts receivable within one year | 40/41 | €3,533 | €4,727 | +€1,194 | +33.8% |
| Trade receivables | 40 | €60 | €65 | +€5 | +9.1% |
| Other amounts receivable | 41 | €3,473 | €4,662 | +€1,189 | +34.2% |
| Current investments | 50/53 | €279,642 | €54,642 | -€225,000 | -80.5% |
| Cash at bank and in hand | 54/58 | €81,359 | €135,329 | +€53,970 | +66.3% |
| Total equity and liabilities | 10/49 | €381,855 | €206,009 | -€175,846 | -46.1% |
| Equity | 10/15 | €275,667 | €198,699 | -€76,967 | -27.9% |
| Contributions | 10/11 | €86,200 | €86,200 | = | 0.0% |
| Reserves | 13 | €39,860 | €36,797 | -€3,063 | -7.7% |
| Distributable reserves | 133 | €39,860 | €36,797 | -€3,063 | -7.7% |
| Profit (loss) carried forward | 14 | €149,607 | €75,702 | -€73,904 | -49.4% |
| Amounts payable | 17/49 | €106,189 | €7,310 | -€98,879 | -93.1% |
| Amounts payable within one year | 42/48 | €106,189 | €7,310 | -€98,879 | -93.1% |
| Trade debts | 44 | €825 | €246 | -€579 | -70.2% |
| Suppliers | 440/4 | €825 | €246 | -€579 | -70.2% |
| Taxes, remuneration and social security | 45 | €5,364 | €7,064 | +€1,700 | +31.7% |
| Taxes | 450/3 | €5,364 | €7,064 | +€1,700 | +31.7% |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,290 | €7,093 | +€3,803 | +115.6% |
| Other operating charges | 640/8 | €636 | €520 | -€116 | -18.3% |
| Gross operating margin | 9900 | €51,844 | €65,715 | +€13,870 | +26.8% |
| Operating profit (loss) | 9901 | €47,919 | €58,102 | +€10,184 | +21.3% |
| Financial income | 75/76B | €9,858 | €7,262 | -€2,597 | -26.3% |
| Recurring financial income | 75 | €9,858 | €7,262 | -€2,597 | -26.3% |
| Financial charges | 65/66B | €90 | €90 | = | 0.0% |
| Recurring financial charges | 65 | €90 | €90 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €57,687 | €65,274 | +€7,587 | +13.2% |
| Income taxes | 67/77 | €14,605 | €17,241 | +€2,637 | +18.1% |
| Profit (loss) for the period | 9904 | €43,083 | €48,033 | +€4,950 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,083 | €48,033 | +€4,950 | +11.5% |
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.