ALIUM PROJECTS: 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.
ALIUM PROJECTS
Largest movements
- Cash +€118,444
up €118,444 (+124%), from €95,775 to €214,219
mainly Other debts (+€129,895) and Current portion of long-term debt (+€110,000)
- Tangible fixed assets -€9,050
down €9,050 (-60.7%), from €14,921 to €5,872
- Other debts +€129,895
up €129,895 (+193%), from €67,435 to €197,330
- Debts after one year -€125,000
down €125,000 (-27.5%), from €455,000 to €330,000
of which Other amounts payable: -€110,000
- Current portion of long-term debt +€110,000
up €110,000 (+100%), from €110,000 to €220,000
- Turnover +€105,667
new in 2025: €105,667
- Purchases and services +€50,987
new in 2025: €50,987
- Financial charges -€1,339
down €1,339 (-42.6%), from €3,142 to €1,803
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 | €672,491 | €787,084 | +€114,593 | +17.0% |
| Fixed assets | 21/28 | €564,921 | €555,872 | -€9,050 | -1.6% |
| Tangible fixed assets | 22/27 | €14,921 | €5,872 | -€9,050 | -60.7% |
| Furniture and vehicles | 24 | €14,921 | €5,872 | -€9,050 | -60.7% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €107,570 | €231,213 | +€123,643 | +115% |
| Amounts receivable within one year | 40/41 | €9,882 | €14,520 | +€4,638 | +46.9% |
| Trade receivables | 40 | €9,882 | €14,520 | +€4,638 | +46.9% |
| Cash at bank and in hand | 54/58 | €95,775 | €214,219 | +€118,444 | +124% |
| Deferred charges and accrued income | 490/1 | €1,913 | €2,473 | +€560 | +29.3% |
| Total equity and liabilities | 10/49 | €672,491 | €787,084 | +€114,593 | +17.0% |
| Equity | 10/15 | €28,911 | €28,911 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €23,911 | €23,911 | = | 0.0% |
| Distributable reserves | 133 | €23,911 | €23,911 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €643,580 | €758,173 | +€114,593 | +17.8% |
| Amounts payable after more than one year | 17 | €455,000 | €330,000 | -€125,000 | -27.5% |
| Financial debts | 170/4 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts payable | 178/9 | €440,000 | €330,000 | -€110,000 | -25.0% |
| Amounts payable within one year | 42/48 | €188,580 | €428,173 | +€239,593 | +127% |
| Current portion of amounts payable after more than one year | 42 | €110,000 | €220,000 | +€110,000 | +100% |
| Trade debts | 44 | €481 | €555 | +€74 | +15.3% |
| Suppliers | 440/4 | €481 | €555 | +€74 | +15.3% |
| Taxes, remuneration and social security | 45 | €10,663 | €10,288 | -€376 | -3.5% |
| Taxes | 450/3 | €9,813 | €10,288 | +€474 | +4.8% |
| Remuneration and social security | 454/9 | €850 | €0 | -€850 | -100% |
| Other amounts payable | 47/48 | €67,435 | €197,330 | +€129,895 | +193% |
| Turnover | 70 | - | €105,667 | +€105,667 | |
| Non-recurring operating income | 76A | €4,968 | €0 | -€4,968 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €50,987 | +€50,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,050 | €9,050 | -€0 | 0.0% |
| Other operating charges | 640/8 | €789 | €1,481 | +€693 | +87.8% |
| Gross operating margin | 9900 | €59,002 | €58,101 | -€901 | -1.5% |
| Operating profit (loss) | 9901 | €49,164 | €47,570 | -€1,594 | -3.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €3,142 | €1,803 | -€1,339 | -42.6% |
| Recurring financial charges | 65 | €3,142 | €1,803 | -€1,339 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | €46,022 | €45,768 | -€254 | -0.6% |
| Income taxes | 67/77 | €13,881 | €13,771 | -€110 | -0.8% |
| Profit (loss) for the period | 9904 | €32,140 | €31,997 | -€144 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,140 | €31,997 | -€144 | -0.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.