Alivo Concept: what changed
Alivo Concept
Largest movements
- Receivables within one year -€28,416
down €28,416 (-34.6%), from €82,175 to €53,759
of which Trade receivables: -€29,456
- Cash -€8,147
down €8,147 (-16.5%), from €49,259 to €41,112
mainly Contributions, distributions and other (-€25,714) and Tax, wage and social debts (-€18,111)
- Tangible fixed assets -€3,168
down €3,168 (-10.0%), from €31,627 to €28,459
- Profit (loss) carried forward -€25,697
down €25,697 (-34.1%), from €75,337 to €49,640
- Tax, wage and social debts -€18,111
down €18,111 (-49.0%), from €36,971 to €18,861
of which Taxes: -€18,111
- Other debts -€11,122
down €11,122 (-38.2%), from €29,122 to €18,000
- Trade debts +€9,811
up €9,811 (+1,727%), from €568 to €10,379
- Reserves +€7,350
new in 2025: €7,350
- Financial income -€21,147
down €21,147 (-100.0%), from €21,149 to €2
of which Non-recurring financial income: -€21,135
- Gross operating margin -€6,039
down €6,039 (-21.4%), from €28,191 to €22,151
- Taxes -€3,608
down €3,608 (-37.4%), from €9,633 to €6,025
- Financial charges +€1,143
up €1,143 (+29.5%), from €3,878 to €5,021
- Other operating charges -€379
down €379 (-39.8%), from €951 to €572
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €163,061 | €123,330 | -€39,731 | -24.4% |
| Fixed assets | 21/28 | €31,627 | €28,459 | -€3,168 | -10.0% |
| Tangible fixed assets | 22/27 | €31,627 | €28,459 | -€3,168 | -10.0% |
| Land and buildings | 22 | €24,498 | €23,060 | -€1,438 | -5.9% |
| Plant, machinery and equipment | 23 | €3,022 | €2,348 | -€674 | -22.3% |
| Furniture and vehicles | 24 | €4,107 | €3,050 | -€1,057 | -25.7% |
| Current assets | 29/58 | €131,434 | €94,871 | -€36,563 | -27.8% |
| Amounts receivable within one year | 40/41 | €82,175 | €53,759 | -€28,416 | -34.6% |
| Trade receivables | 40 | €82,175 | €52,719 | -€29,456 | -35.8% |
| Other amounts receivable | 41 | - | €1,040 | +€1,040 | |
| Cash at bank and in hand | 54/58 | €49,259 | €41,112 | -€8,147 | -16.5% |
| Total equity and liabilities | 10/49 | €163,061 | €123,330 | -€39,731 | -24.4% |
| Equity | 10/15 | €81,537 | €63,190 | -€18,347 | -22.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €7,350 | +€7,350 | |
| Distributable reserves | 133 | - | €7,350 | +€7,350 | |
| Profit (loss) carried forward | 14 | €75,337 | €49,640 | -€25,697 | -34.1% |
| Amounts payable | 17/49 | €81,524 | €60,139 | -€21,384 | -26.2% |
| Amounts payable after more than one year | 17 | €9,923 | €7,900 | -€2,023 | -20.4% |
| Financial debts | 170/4 | €9,923 | €7,900 | -€2,023 | -20.4% |
| Amounts payable within one year | 42/48 | €71,600 | €52,239 | -€19,361 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €4,939 | €5,000 | +€61 | +1.2% |
| Trade debts | 44 | €568 | €10,379 | +€9,811 | +1,727% |
| Suppliers | 440/4 | €568 | €10,379 | +€9,811 | +1,727% |
| Taxes, remuneration and social security | 45 | €36,971 | €18,861 | -€18,111 | -49.0% |
| Taxes | 450/3 | €26,971 | €8,861 | -€18,111 | -67.1% |
| Remuneration and social security | 454/9 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 47/48 | €29,122 | €18,000 | -€11,122 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,214 | €3,168 | -€46 | -1.4% |
| Other operating charges | 640/8 | €951 | €572 | -€379 | -39.8% |
| Gross operating margin | 9900 | €28,191 | €22,151 | -€6,039 | -21.4% |
| Operating profit (loss) | 9901 | €24,026 | €18,411 | -€5,615 | -23.4% |
| Financial income | 75/76B | €21,149 | €2 | -€21,147 | -100.0% |
| Recurring financial income | 75 | €14 | €2 | -€12 | -83.6% |
| Non-recurring financial income | 76B | €21,135 | - | -€21,135 | |
| Financial charges | 65/66B | €3,878 | €5,021 | +€1,143 | +29.5% |
| Recurring financial charges | 65 | €3,878 | €5,021 | +€1,143 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €41,297 | €13,393 | -€27,904 | -67.6% |
| Income taxes | 67/77 | €9,633 | €6,025 | -€3,608 | -37.4% |
| Profit (loss) for the period | 9904 | €31,664 | €7,367 | -€24,297 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,664 | €7,367 | -€24,297 | -76.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.