ALJEBE: 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.
ALJEBE
Largest movements
- Receivables within one year -€59,154
down €59,154 (-56.1%), from €105,431 to €46,277
of which Other amounts receivable: -€47,799
- Cash +€54,460
up €54,460 (+2,419%), from €2,251 to €56,711
mainly Other debts (+€140,250) and Receivables within one year (+€59,154)
- Other debts +€140,250
new in 2025: €140,250
- Reserves -€124,511
down €124,511 (-11.4%), from €1.1m to €967,886
of which Distributable reserves: -€124,511
- Tax, wage and social debts -€22,111
down €22,111 (-36.4%), from €60,721 to €38,611
of which Taxes: -€22,786
- Financial income -€165,880
down €165,880 (-85.0%), from €195,148 to €29,268
- Taxes -€18,001
down €18,001 (-75.7%), from €23,767 to €5,766
- Staff costs +€2,877
up €2,877 (+3.0%), from €97,466 to €100,343
- Gross operating margin -€1,634
down €1,634 (-1.5%), from €106,733 to €105,099
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 | €1,238,299 | €1,233,535 | -€4,765 | -0.4% |
| Fixed assets | 21/28 | €628,847 | €628,447 | -€400 | -0.1% |
| Tangible fixed assets | 22/27 | €800 | €400 | -€400 | -50.0% |
| Other tangible fixed assets | 26 | €800 | €400 | -€400 | -50.0% |
| Financial fixed assets | 28 | €628,047 | €628,047 | = | 0.0% |
| Current assets | 29/58 | €609,452 | €605,087 | -€4,365 | -0.7% |
| Amounts receivable within one year | 40/41 | €105,431 | €46,277 | -€59,154 | -56.1% |
| Trade receivables | 40 | €21,426 | €10,071 | -€11,355 | -53.0% |
| Other amounts receivable | 41 | €84,005 | €36,206 | -€47,799 | -56.9% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,251 | €56,711 | +€54,460 | +2,419% |
| Deferred charges and accrued income | 490/1 | €1,770 | €2,099 | +€329 | +18.6% |
| Total equity and liabilities | 10/49 | €1,238,299 | €1,233,535 | -€4,765 | -0.4% |
| Equity | 10/15 | €1,171,170 | €1,046,659 | -€124,511 | -10.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,092,397 | €967,886 | -€124,511 | -11.4% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Other | 1319 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €1,090,397 | €965,886 | -€124,511 | -11.4% |
| Profit (loss) carried forward | 14 | €58,773 | €58,773 | = | 0.0% |
| Amounts payable | 17/49 | €67,129 | €186,875 | +€119,746 | +178% |
| Amounts payable within one year | 42/48 | €67,129 | €186,875 | +€119,746 | +178% |
| Trade debts | 44 | €6,408 | €8,015 | +€1,607 | +25.1% |
| Suppliers | 440/4 | €6,408 | €8,015 | +€1,607 | +25.1% |
| Taxes, remuneration and social security | 45 | €60,721 | €38,611 | -€22,111 | -36.4% |
| Taxes | 450/3 | €45,694 | €22,908 | -€22,786 | -49.9% |
| Remuneration and social security | 454/9 | €15,027 | €15,702 | +€675 | +4.5% |
| Other amounts payable | 47/48 | - | €140,250 | +€140,250 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €97,466 | €100,343 | +€2,877 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €1,320 | €1,529 | +€209 | +15.8% |
| Gross operating margin | 9900 | €106,733 | €105,099 | -€1,634 | -1.5% |
| Operating profit (loss) | 9901 | €7,547 | €2,827 | -€4,719 | -62.5% |
| Financial income | 75/76B | €195,148 | €29,268 | -€165,880 | -85.0% |
| Recurring financial income | 75 | €195,148 | €29,268 | -€165,880 | -85.0% |
| Financial charges | 65/66B | €136 | €840 | +€704 | +518% |
| Recurring financial charges | 65 | €136 | €840 | +€704 | +518% |
| Profit (loss) for the period before taxes | 9903 | €202,559 | €31,255 | -€171,303 | -84.6% |
| Income taxes | 67/77 | €23,767 | €5,766 | -€18,001 | -75.7% |
| Profit (loss) for the period | 9904 | €178,792 | €25,489 | -€153,303 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €178,792 | €25,489 | -€153,303 | -85.7% |
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 24 October 2026 via checked.be.