ALL INOX: 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.
ALL INOX
Largest movements
- Tangible fixed assets +€62,213
up €62,213 (+49.2%), from €126,401 to €188,614
of which Furniture and vehicles: +€46,055
- Cash -€29,704
down €29,704 (-33.8%), from €88,006 to €58,302
mainly Investment in fixed assets (net) (-€83,172) and Receivables within one year (-€26,448)
- Receivables within one year +€26,448
up €26,448 (+28.2%), from €93,822 to €120,270
of which Trade receivables: +€29,283
- Stocks and contracts +€7,257
up €7,257 (+23.7%), from €30,576 to €37,833
of which Contracts in progress: +€7,350
- Debts after one year +€21,922
up €21,922 (+69.2%), from €31,678 to €53,600
- Reserves +€15,000
up €15,000 (+7.5%), from €198,849 to €213,849
- Current portion of long-term debt +€14,910
up €14,910 (+72.1%), from €20,678 to €35,588
- Tax, wage and social debts +€13,714
up €13,714 (+52.0%), from €26,376 to €40,090
of which Taxes: +€8,077
- Other debts +€7,428
up €7,428 (+475.2%), from €1,563 to €8,991
- Gross operating margin +€25,473
up €25,473 (+17.9%), from €142,620 to €168,093
- Staff costs +€13,154
up €13,154 (+18.2%), from €72,228 to €85,383
- Depreciation +€6,442
up €6,442 (+44.4%), from €14,517 to €20,959
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 | €341,416 | €407,562 | +€66,146 | +19.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €126,401 | €188,614 | +€62,213 | +49.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €126,401 | €188,614 | +€62,213 | +49.2% |
| Land and buildings | 22 | €118,079 | €113,446 | -€4,633 | -3.9% |
| Plant, machinery and equipment | 23 | €6,103 | €26,894 | +€20,791 | +340.7% |
| Furniture and vehicles | 24 | €2,220 | €48,274 | +€46,055 | +2075.0% |
| Current assets | 29/58 | €215,015 | €218,948 | +€3,933 | +1.8% |
| Stocks and contracts in progress | 3 | €30,576 | €37,833 | +€7,257 | +23.7% |
| Stocks | 30/36 | €7,926 | €7,833 | -€93 | -1.2% |
| Contracts in progress | 37 | €22,650 | €30,000 | +€7,350 | +32.5% |
| Amounts receivable within one year | 40/41 | €93,822 | €120,270 | +€26,448 | +28.2% |
| Trade receivables | 40 | €83,721 | €113,004 | +€29,283 | +35.0% |
| Other amounts receivable | 41 | €10,101 | €7,266 | -€2,836 | -28.1% |
| Cash at bank and in hand | 54/58 | €88,006 | €58,302 | -€29,704 | -33.8% |
| Deferred charges and accrued income | 490/1 | €2,611 | €2,544 | -€67 | -2.6% |
| Total equity and liabilities | 10/49 | €341,416 | €407,562 | +€66,146 | +19.4% |
| Equity | 10/15 | €219,264 | €234,376 | +€15,112 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €198,849 | €213,849 | +€15,000 | +7.5% |
| Distributable reserves | 133 | €198,849 | €213,849 | +€15,000 | +7.5% |
| Profit (loss) carried forward | 14 | €1,815 | €1,927 | +€112 | +6.2% |
| Amounts payable | 17/49 | €122,152 | €173,186 | +€51,034 | +41.8% |
| Amounts payable after more than one year | 17 | €31,678 | €53,600 | +€21,922 | +69.2% |
| Financial debts | 170/4 | €31,678 | €53,600 | +€21,922 | +69.2% |
| Amounts payable within one year | 42/48 | €86,783 | €116,392 | +€29,609 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €20,678 | €35,588 | +€14,910 | +72.1% |
| Trade debts | 44 | €38,166 | €31,723 | -€6,443 | -16.9% |
| Suppliers | 440/4 | €38,166 | €31,723 | -€6,443 | -16.9% |
| Taxes, remuneration and social security | 45 | €26,376 | €40,090 | +€13,714 | +52.0% |
| Taxes | 450/3 | €13,258 | €21,335 | +€8,077 | +60.9% |
| Remuneration and social security | 454/9 | €13,118 | €18,755 | +€5,637 | +43.0% |
| Other amounts payable | 47/48 | €1,563 | €8,991 | +€7,428 | +475.2% |
| Accrued charges and deferred income | 492/3 | €3,691 | €3,194 | -€497 | -13.5% |
| Remuneration, social security and pensions | 62 | €72,228 | €85,383 | +€13,154 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,517 | €20,959 | +€6,442 | +44.4% |
| Other operating charges | 640/8 | €3,301 | €3,443 | +€142 | +4.3% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €142,620 | €168,093 | +€25,473 | +17.9% |
| Operating profit (loss) | 9901 | €52,573 | €58,308 | +€5,735 | +10.9% |
| Financial income | 75/76B | €140 | €420 | +€280 | +200.3% |
| Recurring financial income | 75 | €140 | €420 | +€280 | +200.3% |
| Financial charges | 65/66B | €3,989 | €4,964 | +€974 | +24.4% |
| Recurring financial charges | 65 | €3,989 | €4,964 | +€974 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €48,724 | €53,764 | +€5,041 | +10.3% |
| Income taxes | 67/77 | €13,685 | €13,652 | -€33 | -0.2% |
| Profit (loss) for the period | 9904 | €35,039 | €40,112 | +€5,073 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,039 | €40,112 | +€5,073 | +14.5% |
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 8 October 2026 via checked.be.