ALJO: 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.
ALJO
Largest movements
- Tangible fixed assets -€16,329
down €16,329 (-4.9%), from €330,089 to €313,760
- Debts after one year -€20,329
down €20,329 (-8.4%), from €243,177 to €222,848
- Profit (loss) carried forward +€6,172
up €6,172 (+7.4%), from -€83,097 to -€76,925
- Financial charges -€1,178
down €1,178 (-10.3%), from €11,434 to €10,256
- Depreciation +€647
up €647 (+3.4%), from €19,135 to €19,782
- Gross operating margin -€569
down €569 (-1.3%), from €43,875 to €43,306
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 | €336,226 | €319,694 | -€16,532 | -4.9% |
| Fixed assets | 21/28 | €330,089 | €313,760 | -€16,329 | -4.9% |
| Tangible fixed assets | 22/27 | €330,089 | €313,760 | -€16,329 | -4.9% |
| Land and buildings | 22 | €330,089 | €313,760 | -€16,329 | -4.9% |
| Current assets | 29/58 | €6,137 | €5,935 | -€203 | -3.3% |
| Amounts receivable within one year | 40/41 | €116 | €1,602 | +€1,486 | +1,280% |
| Trade receivables | 40 | €116 | €1,362 | +€1,246 | +1,072% |
| Other amounts receivable | 41 | €0 | €241 | +€241 | |
| Cash at bank and in hand | 54/58 | €5,984 | €4,262 | -€1,722 | -28.8% |
| Deferred charges and accrued income | 490/1 | €37 | €70 | +€33 | +90.7% |
| Total equity and liabilities | 10/49 | €336,226 | €319,694 | -€16,532 | -4.9% |
| Equity | 10/15 | -€37,279 | -€31,107 | +€6,172 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,218 | €27,218 | = | 0.0% |
| Distributable reserves | 133 | €27,218 | €27,218 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,097 | -€76,925 | +€6,172 | +7.4% |
| Amounts payable | 17/49 | €373,505 | €350,801 | -€22,704 | -6.1% |
| Amounts payable after more than one year | 17 | €243,177 | €222,848 | -€20,329 | -8.4% |
| Financial debts | 170/4 | €243,177 | €222,848 | -€20,329 | -8.4% |
| Amounts payable within one year | 42/48 | €130,328 | €127,953 | -€2,375 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €20,025 | €20,329 | +€303 | +1.5% |
| Trade debts | 44 | €8,998 | €9,359 | +€361 | +4.0% |
| Suppliers | 440/4 | €8,998 | €9,359 | +€361 | +4.0% |
| Advances received on contracts in progress | 46 | €1,085 | €0 | -€1,085 | -100% |
| Taxes, remuneration and social security | 45 | €3,234 | €1,895 | -€1,339 | -41.4% |
| Taxes | 450/3 | €3,234 | €1,895 | -€1,339 | -41.4% |
| Other amounts payable | 47/48 | €96,985 | €96,370 | -€615 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,135 | €19,782 | +€647 | +3.4% |
| Other operating charges | 640/8 | €6,922 | €7,096 | +€174 | +2.5% |
| Gross operating margin | 9900 | €43,875 | €43,306 | -€569 | -1.3% |
| Operating profit (loss) | 9901 | €17,818 | €16,428 | -€1,390 | -7.8% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100% |
| Financial charges | 65/66B | €11,434 | €10,256 | -€1,178 | -10.3% |
| Recurring financial charges | 65 | €11,434 | €10,256 | -€1,178 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €6,395 | €6,172 | -€223 | -3.5% |
| Profit (loss) for the period | 9904 | €6,395 | €6,172 | -€223 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,395 | €6,172 | -€223 | -3.5% |
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 31 October 2026 via checked.be.