ALLARD: 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.
ALLARD
Largest movements
- Receivables within one year -€507,210
down €507,210 (-53.3%), from €952,279 to €445,069
of which Other amounts receivable: -€495,227
- Cash -€380,728
down €380,728 (-81.2%), from €468,899 to €88,171
mainly Net result for the year (-€372,267) and Trade debts (-€161,348)
- Reserves -€218,477
down €218,477 (-24.1%), from €904,977 to €686,500
of which Tax-exempt reserves: -€218,477
- Trade debts -€161,348
down €161,348 (-54.9%), from €293,763 to €132,415
- Other debts -€158,486
down €158,486 (-61.4%), from €258,317 to €99,831
- Profit (loss) carried forward -€153,790
down €153,790, from €75,168 to -€78,622
- Debts after one year -€132,376
down €132,376 (-2.9%), from €4.6m to €4.5m
- Financial charges +€279,001
up €279,001 (+78.0%), from €357,804 to €636,805
of which Non-recurring financial charges: +€570,860
- Gross operating margin -€108,854
down €108,854 (-32.5%), from €334,566 to €225,712
- Depreciation -€3,432
down €3,432 (-16.2%), from €21,130 to €17,698
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,590,219 | €5,712,827 | -€877,392 | -13.3% |
| Fixed assets | 21/28 | €317,003 | €361,806 | +€44,803 | +14.1% |
| Tangible fixed assets | 22/27 | €309,974 | €354,777 | +€44,803 | +14.5% |
| Land and buildings | 22 | €248,938 | €311,438 | +€62,500 | +25.1% |
| Plant, machinery and equipment | 23 | €10,467 | €6,139 | -€4,328 | -41.3% |
| Furniture and vehicles | 24 | €969 | - | -€969 | |
| Leasing and similar rights | 25 | €49,600 | €37,200 | -€12,400 | -25.0% |
| Financial fixed assets | 28 | €7,029 | €7,029 | = | 0.0% |
| Current assets | 29/58 | €6,273,216 | €5,351,021 | -€922,195 | -14.7% |
| Stocks and contracts in progress | 3 | €4,851,434 | €4,817,781 | -€33,653 | -0.7% |
| Stocks | 30/36 | €4,851,434 | €4,817,781 | -€33,653 | -0.7% |
| Amounts receivable within one year | 40/41 | €952,279 | €445,069 | -€507,210 | -53.3% |
| Trade receivables | 40 | €31,293 | €19,310 | -€11,983 | -38.3% |
| Other amounts receivable | 41 | €920,986 | €425,759 | -€495,227 | -53.8% |
| Cash at bank and in hand | 54/58 | €468,899 | €88,171 | -€380,728 | -81.2% |
| Deferred charges and accrued income | 490/1 | €604 | - | -€604 | |
| Total equity and liabilities | 10/49 | €6,590,219 | €5,712,827 | -€877,392 | -13.3% |
| Equity | 10/15 | €1,245,145 | €872,878 | -€372,267 | -29.9% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €904,977 | €686,500 | -€218,477 | -24.1% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €218,477 | - | -€218,477 | |
| Distributable reserves | 133 | €680,000 | €680,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,168 | -€78,622 | -€153,790 | |
| Investment grants | 15 | €200,000 | €200,000 | = | 0.0% |
| Provisions and deferred taxes | 16 | €72,826 | - | -€72,826 | |
| Deferred taxes | 168 | €72,826 | - | -€72,826 | |
| Amounts payable | 17/49 | €5,272,248 | €4,839,949 | -€432,299 | -8.2% |
| Amounts payable after more than one year | 17 | €4,618,430 | €4,486,054 | -€132,376 | -2.9% |
| Financial debts | 170/4 | €4,618,430 | €4,486,054 | -€132,376 | -2.9% |
| Amounts payable within one year | 42/48 | €653,818 | €353,895 | -€299,923 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €22,834 | €24,695 | +€1,861 | +8.2% |
| Trade debts | 44 | €293,763 | €132,415 | -€161,348 | -54.9% |
| Suppliers | 440/4 | €293,763 | €132,415 | -€161,348 | -54.9% |
| Taxes, remuneration and social security | 45 | €78,904 | €96,954 | +€18,050 | +22.9% |
| Taxes | 450/3 | €78,904 | €96,954 | +€18,050 | +22.9% |
| Other amounts payable | 47/48 | €258,317 | €99,831 | -€158,486 | -61.4% |
| Non-recurring operating income | 76A | €157,551 | €8,336 | -€149,215 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,130 | €17,698 | -€3,432 | -16.2% |
| Other operating charges | 640/8 | €6,641 | €6,292 | -€349 | -5.3% |
| Non-recurring operating charges | 66A | - | €9,078 | +€9,078 | |
| Gross operating margin | 9900 | €334,566 | €225,712 | -€108,854 | -32.5% |
| Operating profit (loss) | 9901 | €306,795 | €192,644 | -€114,151 | -37.2% |
| Financial income | 75/76B | €184 | €143 | -€41 | -22.3% |
| Recurring financial income | 75 | €184 | €143 | -€41 | -22.3% |
| Financial charges | 65/66B | €357,804 | €636,805 | +€279,001 | +78.0% |
| Recurring financial charges | 65 | €357,804 | €65,945 | -€291,859 | -81.6% |
| Non-recurring financial charges | 66B | - | €570,860 | +€570,860 | |
| Profit (loss) for the period before taxes | 9903 | -€50,825 | -€444,018 | -€393,193 | -773.6% |
| Transfer from deferred taxes | 780 | - | €72,826 | +€72,826 | |
| Income taxes | 67/77 | €3,630 | €1,075 | -€2,555 | -70.4% |
| Profit (loss) for the period | 9904 | -€54,455 | -€372,267 | -€317,812 | -583.6% |
| Transfer from tax-exempt reserves | 789 | - | €218,477 | +€218,477 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,455 | -€153,790 | -€99,335 | -182.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.