ALJUBURI: 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.
ALJUBURI
Largest movements
- Tangible fixed assets +€242,108
up €242,108 (+282%), from €85,955 to €328,063
of which Other tangible fixed assets: +€263,833
- Receivables within one year +€50,493
up €50,493 (+15.3%), from €329,406 to €379,898
- Debts after one year +€260,679
new in 2025: €260,679
- Trade debts +€43,794
up €43,794 (+161%), from €27,147 to €70,942
- Current portion of long-term debt +€31,558
up €31,558 (+441%), from €7,159 to €38,717
- Tax, wage and social debts -€23,120
down €23,120 (-62.3%), from €37,099 to €13,979
of which Taxes: -€23,330
- Reserves -€17,578
down €17,578 (-4.9%), from €358,535 to €340,957
of which Distributable reserves: -€17,578
- Gross operating margin -€115,898
down €115,898 (-91.1%), from €127,190 to €11,292
- Taxes -€23,452
no longer reported in 2025 (was €23,452)
- Depreciation +€8,435
up €8,435 (+32.9%), from €25,613 to €34,047
- Financial charges +€4,595
up €4,595 (+66.9%), from €6,869 to €11,464
- Financial income +€2,656
up €2,656 (+15.2%), from €17,419 to €20,075
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 | €450,338 | €738,749 | +€288,410 | +64.0% |
| Fixed assets | 21/28 | €90,955 | €333,063 | +€242,108 | +266% |
| Tangible fixed assets | 22/27 | €85,955 | €328,063 | +€242,108 | +282% |
| Land and buildings | 22 | €14,103 | €11,911 | -€2,193 | -15.5% |
| Plant, machinery and equipment | 23 | €3,211 | €4,305 | +€1,094 | +34.1% |
| Furniture and vehicles | 24 | €51,246 | €30,620 | -€20,627 | -40.2% |
| Other tangible fixed assets | 26 | €17,395 | €281,227 | +€263,833 | +1,517% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €359,384 | €405,686 | +€46,302 | +12.9% |
| Stocks and contracts in progress | 3 | €2,122 | €725 | -€1,397 | -65.8% |
| Stocks | 30/36 | €2,122 | €725 | -€1,397 | -65.8% |
| Amounts receivable within one year | 40/41 | €329,406 | €379,898 | +€50,493 | +15.3% |
| Other amounts receivable | 41 | €329,406 | €379,898 | +€50,493 | +15.3% |
| Cash at bank and in hand | 54/58 | €24,569 | €24,282 | -€287 | -1.2% |
| Deferred charges and accrued income | 490/1 | €3,287 | €781 | -€2,507 | -76.3% |
| Total equity and liabilities | 10/49 | €450,338 | €738,749 | +€288,410 | +64.0% |
| Equity | 10/15 | €370,935 | €353,357 | -€17,578 | -4.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €358,535 | €340,957 | -€17,578 | -4.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €356,675 | €339,097 | -€17,578 | -4.9% |
| Amounts payable | 17/49 | €79,404 | €385,392 | +€305,988 | +385% |
| Amounts payable after more than one year | 17 | - | €260,679 | +€260,679 | |
| Financial debts | 170/4 | - | €260,679 | +€260,679 | |
| Amounts payable within one year | 42/48 | €79,283 | €123,637 | +€44,354 | +55.9% |
| Current portion of amounts payable after more than one year | 42 | €7,159 | €38,717 | +€31,558 | +441% |
| Financial debts | 43 | €7,078 | - | -€7,078 | |
| Credit institutions | 430/8 | €7,078 | - | -€7,078 | |
| Trade debts | 44 | €27,147 | €70,942 | +€43,794 | +161% |
| Suppliers | 440/4 | €27,147 | €70,942 | +€43,794 | +161% |
| Taxes, remuneration and social security | 45 | €37,099 | €13,979 | -€23,120 | -62.3% |
| Taxes | 450/3 | €35,099 | €11,769 | -€23,330 | -66.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,209 | +€209 | +10.4% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Accrued charges and deferred income | 492/3 | €120 | €1,075 | +€955 | +793% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,613 | €34,047 | +€8,435 | +32.9% |
| Other operating charges | 640/8 | €1,245 | €3,433 | +€2,188 | +176% |
| Gross operating margin | 9900 | €127,190 | €11,292 | -€115,898 | -91.1% |
| Operating profit (loss) | 9901 | €100,332 | -€26,189 | -€126,521 | |
| Financial income | 75/76B | €17,419 | €20,075 | +€2,656 | +15.2% |
| Recurring financial income | 75 | €17,419 | €20,075 | +€2,656 | +15.2% |
| Financial charges | 65/66B | €6,869 | €11,464 | +€4,595 | +66.9% |
| Recurring financial charges | 65 | €6,869 | €11,464 | +€4,595 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €110,882 | -€17,578 | -€128,460 | |
| Income taxes | 67/77 | €23,452 | - | -€23,452 | |
| Profit (loss) for the period | 9904 | €87,430 | -€17,578 | -€105,007 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,430 | -€17,578 | -€105,007 |
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 19 October 2026 via checked.be.