ALIZED: 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.
ALIZED
Largest movements
- Cash +€23,773
up €23,773 (+46.4%), from €51,188 to €74,961
mainly Net result for the year (+€14,782) and Trade debts (+€8,809)
- Receivables within one year +€4,490
up €4,490 (+389.1%), from €1,154 to €5,644
of which Other amounts receivable: +€3,947
- Deferred charges and accrued income +€1,682
new in 2025: €1,682
- Profit (loss) carried forward +€14,782
up €14,782 (+35.7%), from €41,401 to €56,183
- Trade debts +€8,809
up €8,809 (+1228.0%), from €717 to €9,526
- Tax, wage and social debts +€4,907
up €4,907 (+37.4%), from €13,129 to €18,036
of which Remuneration and social security: +€4,907
- Current portion of long-term debt +€1,000
new in 2025: €1,000
- Staff costs +€85,468
up €85,468 (+492.7%), from €17,346 to €102,813
- Gross operating margin +€63,952
up €63,952 (+91.1%), from €70,201 to €134,153
- Other operating charges +€2,821
up €2,821 (+1544.7%), from €183 to €3,003
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 | €57,133 | €86,654 | +€29,521 | +51.7% |
| Fixed assets | 21/28 | €4,791 | €4,366 | -€424 | -8.9% |
| Tangible fixed assets | 22/27 | €2,191 | €1,766 | -€424 | -19.4% |
| Furniture and vehicles | 24 | €2,191 | €1,766 | -€424 | -19.4% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €52,342 | €82,287 | +€29,945 | +57.2% |
| Amounts receivable within one year | 40/41 | €1,154 | €5,644 | +€4,490 | +389.1% |
| Trade receivables | 40 | - | €543 | +€543 | |
| Other amounts receivable | 41 | €1,154 | €5,101 | +€3,947 | +342.0% |
| Cash at bank and in hand | 54/58 | €51,188 | €74,961 | +€23,773 | +46.4% |
| Deferred charges and accrued income | 490/1 | - | €1,682 | +€1,682 | |
| Total equity and liabilities | 10/49 | €57,133 | €86,654 | +€29,521 | +51.7% |
| Equity | 10/15 | €42,401 | €57,183 | +€14,782 | +34.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,401 | €56,183 | +€14,782 | +35.7% |
| Amounts payable | 17/49 | €14,732 | €29,471 | +€14,739 | +100.1% |
| Amounts payable within one year | 42/48 | €14,732 | €29,471 | +€14,739 | +100.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000 | +€1,000 | |
| Trade debts | 44 | €717 | €9,526 | +€8,809 | +1228.0% |
| Suppliers | 440/4 | €717 | €9,526 | +€8,809 | +1228.0% |
| Taxes, remuneration and social security | 45 | €13,129 | €18,036 | +€4,907 | +37.4% |
| Taxes | 450/3 | €10,500 | €10,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,629 | €7,536 | +€4,907 | +186.7% |
| Other amounts payable | 47/48 | €886 | €909 | +€23 | +2.6% |
| Remuneration, social security and pensions | 62 | €17,346 | €102,813 | +€85,468 | +492.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €224 | -€386 | -63.3% |
| Other operating charges | 640/8 | €183 | €3,003 | +€2,821 | +1544.7% |
| Non-recurring operating charges | 66A | - | €2,025 | +€2,025 | |
| Gross operating margin | 9900 | €70,201 | €134,153 | +€63,952 | +91.1% |
| Operating profit (loss) | 9901 | €52,063 | €26,087 | -€25,976 | -49.9% |
| Financial charges | 65/66B | €162 | €415 | +€253 | +156.3% |
| Recurring financial charges | 65 | €162 | €415 | +€253 | +156.3% |
| Profit (loss) for the period before taxes | 9903 | €51,901 | €25,672 | -€26,229 | -50.5% |
| Income taxes | 67/77 | €10,500 | €10,890 | +€390 | +3.7% |
| Profit (loss) for the period | 9904 | €41,401 | €14,782 | -€26,619 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,401 | €14,782 | -€26,619 | -64.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.