ALL-MAT-EL: 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.
ALL-MAT-EL
Largest movements
- Tangible fixed assets +€690,800
up €690,800 (+985.6%), from €70,090 to €760,890
of which Land and buildings: +€661,766
- Stocks and contracts +€26,228
up €26,228 (+7.7%), from €338,983 to €365,211
- Debts after one year +€410,182
up €410,182 (+3351.9%), from €12,237 to €422,419
- Other debts +€334,076
up €334,076 (+2633.1%), from €12,688 to €346,764
- Reserves -€67,864
down €67,864 (-17.9%), from €378,431 to €310,567
of which Distributable reserves: -€67,864
- Trade debts +€35,658
up €35,658 (+38.0%), from €93,784 to €129,442
- Current portion of long-term debt +€20,491
up €20,491 (+123.0%), from €16,665 to €37,157
- Other operating charges +€59,364
up €59,364 (+7267.9%), from €817 to €60,181
- Depreciation +€34,708
up €34,708 (+241.1%), from €14,397 to €49,105
- Financial charges +€9,694
up €9,694 (+323.9%), from €2,992 to €12,686
- Staff costs -€6,616
down €6,616 (-14.3%), from €46,207 to €39,591
- Taxes -€4,940
down €4,940 (-100.0%), from €4,940 to €0
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 | €546,360 | €1,263,576 | +€717,216 | +131.3% |
| Fixed assets | 21/28 | €70,090 | €760,890 | +€690,800 | +985.6% |
| Tangible fixed assets | 22/27 | €70,090 | €760,890 | +€690,800 | +985.6% |
| Land and buildings | 22 | - | €661,766 | +€661,766 | |
| Plant, machinery and equipment | 23 | €19,030 | €26,504 | +€7,475 | +39.3% |
| Furniture and vehicles | 24 | €19 | €28,795 | +€28,776 | +149796.3% |
| Other tangible fixed assets | 26 | €51,041 | €43,825 | -€7,217 | -14.1% |
| Current assets | 29/58 | €476,269 | €502,686 | +€26,416 | +5.5% |
| Stocks and contracts in progress | 3 | €338,983 | €365,211 | +€26,228 | +7.7% |
| Stocks | 30/36 | €338,983 | €365,211 | +€26,228 | +7.7% |
| Amounts receivable within one year | 40/41 | €96,561 | €93,906 | -€2,655 | -2.7% |
| Trade receivables | 40 | €96,501 | €92,122 | -€4,378 | -4.5% |
| Other amounts receivable | 41 | €60 | €1,784 | +€1,724 | +2863.8% |
| Cash at bank and in hand | 54/58 | €40,155 | €43,261 | +€3,106 | +7.7% |
| Deferred charges and accrued income | 490/1 | €570 | €307 | -€264 | -46.2% |
| Total equity and liabilities | 10/49 | €546,360 | €1,263,576 | +€717,216 | +131.3% |
| Equity | 10/15 | €390,825 | €322,961 | -€67,864 | -17.4% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €378,431 | €310,567 | -€67,864 | -17.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €378,431 | €310,567 | -€67,864 | -17.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €155,534 | €940,614 | +€785,080 | +504.8% |
| Amounts payable after more than one year | 17 | €12,237 | €422,419 | +€410,182 | +3351.9% |
| Financial debts | 170/4 | €12,237 | €422,419 | +€410,182 | +3351.9% |
| Amounts payable within one year | 42/48 | €143,297 | €518,195 | +€374,898 | +261.6% |
| Current portion of amounts payable after more than one year | 42 | €16,665 | €37,157 | +€20,491 | +123.0% |
| Trade debts | 44 | €93,784 | €129,442 | +€35,658 | +38.0% |
| Suppliers | 440/4 | €93,784 | €129,442 | +€35,658 | +38.0% |
| Taxes, remuneration and social security | 45 | €20,160 | €4,832 | -€15,328 | -76.0% |
| Taxes | 450/3 | €16,041 | €0 | -€16,041 | -100.0% |
| Remuneration and social security | 454/9 | €4,119 | €4,832 | +€713 | +17.3% |
| Other amounts payable | 47/48 | €12,688 | €346,764 | +€334,076 | +2633.1% |
| Remuneration, social security and pensions | 62 | €46,207 | €39,591 | -€6,616 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,397 | €49,105 | +€34,708 | +241.1% |
| Other operating charges | 640/8 | €817 | €60,181 | +€59,364 | +7267.9% |
| Gross operating margin | 9900 | €88,158 | €92,770 | +€4,612 | +5.2% |
| Operating profit (loss) | 9901 | €26,738 | -€56,107 | -€82,844 | |
| Financial income | 75/76B | €2,319 | €929 | -€1,390 | -60.0% |
| Recurring financial income | 75 | €2,319 | €929 | -€1,390 | -60.0% |
| Financial charges | 65/66B | €2,992 | €12,686 | +€9,694 | +323.9% |
| Recurring financial charges | 65 | €2,992 | €12,686 | +€9,694 | +323.9% |
| Profit (loss) for the period before taxes | 9903 | €26,064 | -€67,864 | -€93,928 | |
| Income taxes | 67/77 | €4,940 | €0 | -€4,940 | -100.0% |
| Profit (loss) for the period | 9904 | €21,125 | -€67,864 | -€88,988 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,125 | -€67,864 | -€88,988 |
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 10 October 2026 via checked.be.