ALIZE: what changed
Two fiscal 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.
ALIZE
Largest movements
- Tangible fixed assets -€301,072
down €301,072 (-10.3%), from €2.9m to €2.6m
- Reserves -€400,000
down €400,000 (-96.5%), from €414,700 to €14,700
of which Distributable reserves: -€400,000
- Other debts +€184,055
up €184,055 (+20.4%), from €904,197 to €1.1m
- Debts after one year -€135,419
down €135,419 (-6.1%), from €2.2m to €2.1m
- Other operating charges +€517,504
up €517,504 (+2091.5%), from €24,743 to €542,247
- Taxes -€30,379
down €30,379 (-100.0%), from €30,379 to €0
- Gross operating margin +€6,498
up €6,498 (+1.9%), from €335,586 to €342,084
- Depreciation -€5,154
down €5,154 (-8.4%), from €61,084 to €55,929
- Financial charges -€4,541
down €4,541 (-3.5%), from €130,337 to €125,796
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 | €3,859,451 | €3,555,873 | -€303,578 | -7.9% |
| Fixed assets | 21/28 | €3,837,887 | €3,536,815 | -€301,072 | -7.8% |
| Tangible fixed assets | 22/27 | €2,933,249 | €2,632,177 | -€301,072 | -10.3% |
| Land and buildings | 22 | €2,933,249 | €2,632,177 | -€301,072 | -10.3% |
| Financial fixed assets | 28 | €904,638 | €904,638 | = | 0.0% |
| Current assets | 29/58 | €21,564 | €19,058 | -€2,506 | -11.6% |
| Amounts receivable within one year | 40/41 | €1,500 | €0 | -€1,500 | -100.0% |
| Trade receivables | 40 | €1,500 | €0 | -€1,500 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €18,924 | €18,000 | -€925 | -4.9% |
| Deferred charges and accrued income | 490/1 | €1,140 | €1,058 | -€81 | -7.1% |
| Total equity and liabilities | 10/49 | €3,859,451 | €3,555,873 | -€303,578 | -7.9% |
| Equity | 10/15 | €561,864 | €179,976 | -€381,889 | -68.0% |
| Contributions | 10/11 | €147,000 | €147,000 | = | 0.0% |
| Capital | 10 | €147,000 | €147,000 | = | 0.0% |
| Issued capital | 100 | €147,000 | €147,000 | = | 0.0% |
| Reserves | 13 | €414,700 | €14,700 | -€400,000 | -96.5% |
| Non-distributable reserves | 130/1 | €14,700 | €14,700 | = | 0.0% |
| Legal reserve | 130 | €14,700 | €14,700 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | €0 | -€400,000 | -100.0% |
| Profit (loss) carried forward | 14 | €164 | €18,276 | +€18,111 | +11026.0% |
| Amounts payable | 17/49 | €3,297,587 | €3,375,898 | +€78,311 | +2.4% |
| Amounts payable after more than one year | 17 | €2,209,471 | €2,074,052 | -€135,419 | -6.1% |
| Financial debts | 170/4 | €2,209,471 | €2,074,052 | -€135,419 | -6.1% |
| Amounts payable within one year | 42/48 | €1,056,793 | €1,270,140 | +€213,347 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €132,715 | €138,470 | +€5,755 | +4.3% |
| Financial debts | 43 | €6,599 | €6,797 | +€198 | +3.0% |
| Other loans | 439 | €6,599 | €6,797 | +€198 | +3.0% |
| Trade debts | 44 | €12,903 | €36,621 | +€23,718 | +183.8% |
| Suppliers | 440/4 | €12,903 | €36,621 | +€23,718 | +183.8% |
| Taxes, remuneration and social security | 45 | €379 | €0 | -€379 | -100.0% |
| Taxes | 450/3 | €379 | €0 | -€379 | -100.0% |
| Other amounts payable | 47/48 | €904,197 | €1,088,252 | +€184,055 | +20.4% |
| Accrued charges and deferred income | 492/3 | €31,323 | €31,706 | +€383 | +1.2% |
| Non-recurring operating income | 76A | €100,548 | €136,657 | +€36,109 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,084 | €55,929 | -€5,154 | -8.4% |
| Other operating charges | 640/8 | €24,743 | €542,247 | +€517,504 | +2091.5% |
| Gross operating margin | 9900 | €335,586 | €342,084 | +€6,498 | +1.9% |
| Operating profit (loss) | 9901 | €249,759 | -€256,093 | -€505,852 | |
| Financial charges | 65/66B | €130,337 | €125,796 | -€4,541 | -3.5% |
| Recurring financial charges | 65 | €130,337 | €125,796 | -€4,541 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €119,423 | -€381,889 | -€501,311 | |
| Income taxes | 67/77 | €30,379 | €0 | -€30,379 | -100.0% |
| Profit (loss) for the period | 9904 | €89,044 | -€381,889 | -€470,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,044 | -€381,889 | -€470,933 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.