ALIZANNE: 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.
ALIZANNE
Largest movements
- Receivables within one year +€47,652
up €47,652 (+376%), from €12,687 to €60,339
of which Trade receivables: +€42,249
- Current investments +€34,850
new in 2025: €34,850
- Cash -€27,460
down €27,460 (-91.3%), from €30,078 to €2,618
mainly Receivables within one year (-€47,652) and Current investments (-€34,850)
- Tangible fixed assets +€1,570
up €1,570 (+183%), from €860 to €2,431
- Reserves +€44,942
new in 2025: €44,942
- Tax, wage and social debts +€9,958
up €9,958 (+64.7%), from €15,383 to €25,341
- Trade debts +€2,054
up €2,054 (+2,200%), from €93 to €2,147
- Gross operating margin +€15,757
up €15,757 (+35.8%), from €44,073 to €59,830
- Taxes +€3,387
up €3,387 (+38.4%), from €8,822 to €12,209
- Financial charges +€1,393
up €1,393 (+150%), from €928 to €2,321
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 | €52,630 | €109,584 | +€56,954 | +108% |
| Fixed assets | 21/28 | €860 | €2,431 | +€1,570 | +183% |
| Tangible fixed assets | 22/27 | €860 | €2,431 | +€1,570 | +183% |
| Plant, machinery and equipment | 23 | €860 | €2,431 | +€1,570 | +183% |
| Current assets | 29/58 | €51,770 | €107,153 | +€55,384 | +107% |
| Amounts receivable within one year | 40/41 | €12,687 | €60,339 | +€47,652 | +376% |
| Trade receivables | 40 | €2,665 | €44,913 | +€42,249 | +1,586% |
| Other amounts receivable | 41 | €10,023 | €15,426 | +€5,404 | +53.9% |
| Current investments | 50/53 | - | €34,850 | +€34,850 | |
| Cash at bank and in hand | 54/58 | €30,078 | €2,618 | -€27,460 | -91.3% |
| Deferred charges and accrued income | 490/1 | €9,005 | €9,346 | +€341 | +3.8% |
| Total equity and liabilities | 10/49 | €52,630 | €109,584 | +€56,954 | +108% |
| Equity | 10/15 | €37,154 | €82,096 | +€44,942 | +121% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €44,942 | +€44,942 | |
| Distributable reserves | 133 | - | €44,942 | +€44,942 | |
| Profit (loss) carried forward | 14 | €34,154 | €34,154 | = | 0.0% |
| Amounts payable | 17/49 | €15,476 | €27,488 | +€12,012 | +77.6% |
| Amounts payable within one year | 42/48 | €15,476 | €27,488 | +€12,012 | +77.6% |
| Trade debts | 44 | €93 | €2,147 | +€2,054 | +2,200% |
| Suppliers | 440/4 | €93 | €2,147 | +€2,054 | +2,200% |
| Taxes, remuneration and social security | 45 | €15,383 | €25,341 | +€9,958 | +64.7% |
| Taxes | 450/3 | €15,383 | €25,341 | +€9,958 | +64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60 | €645 | +€585 | +978% |
| Other operating charges | 640/8 | €200 | €201 | +€1 | +0.6% |
| Gross operating margin | 9900 | €44,073 | €59,830 | +€15,757 | +35.8% |
| Operating profit (loss) | 9901 | €43,813 | €58,983 | +€15,170 | +34.6% |
| Financial income | 75/76B | €91 | €489 | +€398 | +436% |
| Recurring financial income | 75 | €91 | €489 | +€398 | +436% |
| Financial charges | 65/66B | €928 | €2,321 | +€1,393 | +150% |
| Recurring financial charges | 65 | €928 | €2,321 | +€1,393 | +150% |
| Profit (loss) for the period before taxes | 9903 | €42,976 | €57,151 | +€14,175 | +33.0% |
| Income taxes | 67/77 | €8,822 | €12,209 | +€3,387 | +38.4% |
| Profit (loss) for the period | 9904 | €34,154 | €44,942 | +€10,788 | +31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,154 | €44,942 | +€10,788 | +31.6% |
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 26 October 2026 via checked.be.