ALIVER: 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.
ALIVER
Largest movements
- Cash +€25,015
up €25,015 (+68.3%), from €36,610 to €61,625
mainly Net result for the year (+€28,617) and Accrued charges and deferred income (+€7,666)
- Tangible fixed assets -€5,509
down €5,509 (-2.4%), from €232,303 to €226,795
of which Land and buildings: -€5,892
- Reserves +€27,784
up €27,784 (+28.3%), from €98,034 to €125,818
- Debts after one year -€14,667
down €14,667 (-12.4%), from €118,222 to €103,556
- Accrued charges and deferred income +€7,666
new in 2024: €7,666
- Tax, wage and social debts -€4,309
down €4,309 (-61.1%), from €7,049 to €2,740
- Other debts +€3,843
up €3,843 (+4.0%), from €95,263 to €99,106
- Gross operating margin +€19,602
up €19,602 (+43.2%), from €45,385 to €64,988
- Financial charges +€8,131
up €8,131 (+124%), from €6,572 to €14,703
- Taxes +€7,584
up €7,584 (+144%), from €5,258 to €12,842
- Depreciation -€7,516
down €7,516 (-51.5%), from €14,590 to €7,074
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,823 | €361,541 | +€23,718 | +7.0% |
| Fixed assets | 21/28 | €232,303 | €226,795 | -€5,509 | -2.4% |
| Tangible fixed assets | 22/27 | €232,303 | €226,795 | -€5,509 | -2.4% |
| Land and buildings | 22 | €222,135 | €216,243 | -€5,892 | -2.7% |
| Plant, machinery and equipment | 23 | €9,587 | €9,071 | -€517 | -5.4% |
| Furniture and vehicles | 24 | €581 | €1,482 | +€901 | +155% |
| Current assets | 29/58 | €105,520 | €134,746 | +€29,226 | +27.7% |
| Amounts receivable within one year | 40/41 | €68,068 | €71,501 | +€3,434 | +5.0% |
| Trade receivables | 40 | €24,209 | €52,928 | +€28,718 | +119% |
| Other amounts receivable | 41 | €43,858 | €18,574 | -€25,285 | -57.7% |
| Cash at bank and in hand | 54/58 | €36,610 | €61,625 | +€25,015 | +68.3% |
| Deferred charges and accrued income | 490/1 | €842 | €1,620 | +€778 | +92.4% |
| Total equity and liabilities | 10/49 | €337,823 | €361,541 | +€23,718 | +7.0% |
| Equity | 10/15 | €100,034 | €127,818 | +€27,784 | +27.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €98,034 | €125,818 | +€27,784 | +28.3% |
| Distributable reserves | 133 | €98,034 | €125,818 | +€27,784 | +28.3% |
| Amounts payable | 17/49 | €237,789 | €233,723 | -€4,067 | -1.7% |
| Amounts payable after more than one year | 17 | €118,222 | €103,556 | -€14,667 | -12.4% |
| Financial debts | 170/4 | €118,222 | €103,556 | -€14,667 | -12.4% |
| Amounts payable within one year | 42/48 | €119,567 | €122,501 | +€2,934 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €14,667 | €14,667 | = | 0.0% |
| Trade debts | 44 | €2,588 | €5,988 | +€3,400 | +131% |
| Suppliers | 440/4 | €2,588 | €5,988 | +€3,400 | +131% |
| Taxes, remuneration and social security | 45 | €7,049 | €2,740 | -€4,309 | -61.1% |
| Taxes | 450/3 | €7,049 | €2,740 | -€4,309 | -61.1% |
| Other amounts payable | 47/48 | €95,263 | €99,106 | +€3,843 | +4.0% |
| Accrued charges and deferred income | 492/3 | - | €7,666 | +€7,666 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,590 | €7,074 | -€7,516 | -51.5% |
| Other operating charges | 640/8 | €2,489 | €2,486 | -€3 | -0.1% |
| Gross operating margin | 9900 | €45,385 | €64,988 | +€19,602 | +43.2% |
| Operating profit (loss) | 9901 | €28,307 | €55,428 | +€27,122 | +95.8% |
| Financial income | 75/76B | €1,053 | €734 | -€319 | -30.3% |
| Recurring financial income | 75 | €1,053 | €734 | -€319 | -30.3% |
| Financial charges | 65/66B | €6,572 | €14,703 | +€8,131 | +124% |
| Recurring financial charges | 65 | €6,572 | €14,703 | +€8,131 | +124% |
| Profit (loss) for the period before taxes | 9903 | €22,788 | €41,460 | +€18,672 | +81.9% |
| Income taxes | 67/77 | €5,258 | €12,842 | +€7,584 | +144% |
| Profit (loss) for the period | 9904 | €17,530 | €28,617 | +€11,088 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,530 | €28,617 | +€11,088 | +63.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.