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
- Current investments +€14,336
up €14,336 (+18.9%), from €75,979 to €90,315
- Cash +€8,331
up €8,331 (+134%), from €6,237 to €14,568
mainly Net result for the year (+€34,660) and Depreciation (+€33,210)
- Reserves +€34,660
up €34,660 (+44.7%), from €77,585 to €112,245
- Debts after one year -€15,542
down €15,542 (-23.0%), from €67,629 to €52,087
- Tax, wage and social debts +€3,274
up €3,274 (+117%), from €2,791 to €6,065
- Gross operating margin +€27,424
up €27,424 (+40.0%), from €68,556 to €95,980
- Depreciation +€9,456
up €9,456 (+39.8%), from €23,754 to €33,210
- Taxes +€5,860
up €5,860 (+47.2%), from €12,406 to €18,267
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 | €237,618 | €262,753 | +€25,135 | +10.6% |
| Fixed assets | 21/28 | €137,810 | €138,224 | +€414 | +0.3% |
| Tangible fixed assets | 22/27 | €137,810 | €138,224 | +€414 | +0.3% |
| Land and buildings | 22 | €12,216 | €11,105 | -€1,111 | -9.1% |
| Plant, machinery and equipment | 23 | €42,274 | €77,239 | +€34,965 | +82.7% |
| Furniture and vehicles | 24 | €16,551 | €10,930 | -€5,621 | -34.0% |
| Leasing and similar rights | 25 | €48,687 | €38,950 | -€9,738 | -20.0% |
| Assets under construction and advance payments | 27 | €18,082 | €0 | -€18,082 | -100% |
| Current assets | 29/58 | €99,808 | €124,529 | +€24,721 | +24.8% |
| Amounts receivable within one year | 40/41 | €14,026 | €15,147 | +€1,122 | +8.0% |
| Trade receivables | 40 | €0 | €7,152 | +€7,152 | +3,764,111% |
| Other amounts receivable | 41 | €14,025 | €7,995 | -€6,030 | -43.0% |
| Current investments | 50/53 | €75,979 | €90,315 | +€14,336 | +18.9% |
| Cash at bank and in hand | 54/58 | €6,237 | €14,568 | +€8,331 | +134% |
| Deferred charges and accrued income | 490/1 | €3,566 | €4,499 | +€933 | +26.2% |
| Total equity and liabilities | 10/49 | €237,618 | €262,753 | +€25,135 | +10.6% |
| Equity | 10/15 | €143,727 | €178,387 | +€34,660 | +24.1% |
| Contributions | 10/11 | €9,100 | €9,100 | = | 0.0% |
| Reserves | 13 | €77,585 | €112,245 | +€34,660 | +44.7% |
| Distributable reserves | 133 | €77,585 | €112,245 | +€34,660 | +44.7% |
| Profit (loss) carried forward | 14 | €57,042 | €57,042 | = | 0.0% |
| Amounts payable | 17/49 | €93,891 | €84,366 | -€9,525 | -10.1% |
| Amounts payable after more than one year | 17 | €67,629 | €52,087 | -€15,542 | -23.0% |
| Financial debts | 170/4 | €67,629 | €52,087 | -€15,542 | -23.0% |
| Amounts payable within one year | 42/48 | €26,262 | €32,279 | +€6,017 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €16,950 | €17,276 | +€326 | +1.9% |
| Trade debts | 44 | €6,521 | €8,938 | +€2,417 | +37.1% |
| Suppliers | 440/4 | €6,521 | €8,938 | +€2,417 | +37.1% |
| Taxes, remuneration and social security | 45 | €2,791 | €6,065 | +€3,274 | +117% |
| Taxes | 450/3 | €2,791 | €6,065 | +€3,274 | +117% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,754 | €33,210 | +€9,456 | +39.8% |
| Other operating charges | 640/8 | €8,504 | €8,513 | +€10 | +0.1% |
| Gross operating margin | 9900 | €68,556 | €95,980 | +€27,424 | +40.0% |
| Operating profit (loss) | 9901 | €36,298 | €54,257 | +€17,958 | +49.5% |
| Financial income | 75/76B | €274 | €839 | +€564 | +206% |
| Recurring financial income | 75 | €274 | €839 | +€564 | +206% |
| Financial charges | 65/66B | €2,526 | €2,169 | -€357 | -14.1% |
| Recurring financial charges | 65 | €2,526 | €2,169 | -€357 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €34,047 | €52,927 | +€18,880 | +55.5% |
| Income taxes | 67/77 | €12,406 | €18,267 | +€5,860 | +47.2% |
| Profit (loss) for the period | 9904 | €21,641 | €34,660 | +€13,019 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,641 | €34,660 | +€13,019 | +60.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.