ALLARDF-X: 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.
ALLARDF-X
Largest movements
- Receivables within one year -€36,948
down €36,948 (-14.4%), from €255,868 to €218,920
of which Trade receivables: -€38,519
- Cash +€21,475
up €21,475 (+139%), from €15,482 to €36,957
mainly Tax, wage and social debts (+€60,723) and Net result for the year (+€50,198)
- Trade debts -€109,594
down €109,594 (-53.1%), from €206,455 to €96,861
- Tax, wage and social debts +€60,723
up €60,723 (+1,151%), from €5,275 to €65,998
of which Remuneration and social security: +€40,077
- Profit (loss) carried forward +€50,198
up €50,198, from -€3,187 to €47,011
- Other debts +€41,758
up €41,758 (+45.7%), from €91,284 to €133,042
- Debts after one year -€23,996
down €23,996 (-83.0%), from €28,899 to €4,903
- Turnover +€176,097
up €176,097 (+18.5%), from €949,833 to €1.1m
- Gross operating margin +€112,614
up €112,614 (+301%), from €37,385 to €149,998
- Purchases and services +€75,188
up €75,188 (+8.2%), from €915,830 to €991,019
- Staff costs +€26,526
up €26,526 (+247%), from €10,739 to €37,266
- Taxes +€16,193
up €16,193 (+5,606%), from €289 to €16,482
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 | €390,145 | €377,085 | -€13,061 | -3.3% |
| Fixed assets | 21/28 | €79,664 | €82,798 | +€3,135 | +3.9% |
| Tangible fixed assets | 22/27 | €79,614 | €82,748 | +€3,135 | +3.9% |
| Plant, machinery and equipment | 23 | €19,069 | €27,514 | +€8,445 | +44.3% |
| Furniture and vehicles | 24 | €60,544 | €55,234 | -€5,310 | -8.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €310,482 | €294,287 | -€16,195 | -5.2% |
| Stocks and contracts in progress | 3 | €36,632 | €38,410 | +€1,778 | +4.9% |
| Stocks | 30/36 | €36,632 | €38,410 | +€1,778 | +4.9% |
| Amounts receivable within one year | 40/41 | €255,868 | €218,920 | -€36,948 | -14.4% |
| Trade receivables | 40 | €252,331 | €213,813 | -€38,519 | -15.3% |
| Other amounts receivable | 41 | €3,537 | €5,107 | +€1,571 | +44.4% |
| Cash at bank and in hand | 54/58 | €15,482 | €36,957 | +€21,475 | +139% |
| Deferred charges and accrued income | 490/1 | €2,500 | - | -€2,500 | |
| Total equity and liabilities | 10/49 | €390,145 | €377,085 | -€13,061 | -3.3% |
| Equity | 10/15 | €17,273 | €67,471 | +€50,198 | +291% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,187 | €47,011 | +€50,198 | |
| Amounts payable | 17/49 | €372,872 | €309,614 | -€63,258 | -17.0% |
| Amounts payable after more than one year | 17 | €28,899 | €4,903 | -€23,996 | -83.0% |
| Financial debts | 170/4 | €28,899 | €4,903 | -€23,996 | -83.0% |
| Amounts payable within one year | 42/48 | €343,974 | €304,712 | -€39,262 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €20,959 | €8,811 | -€12,148 | -58.0% |
| Trade debts | 44 | €206,455 | €96,861 | -€109,594 | -53.1% |
| Suppliers | 440/4 | €206,455 | €96,861 | -€109,594 | -53.1% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €5,275 | €65,998 | +€60,723 | +1,151% |
| Taxes | 450/3 | €4,602 | €25,248 | +€20,646 | +449% |
| Remuneration and social security | 454/9 | €674 | €40,750 | +€40,077 | +5,950% |
| Other amounts payable | 47/48 | €91,284 | €133,042 | +€41,758 | +45.7% |
| Turnover | 70 | €949,833 | €1,125,929 | +€176,097 | +18.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €915,830 | €991,019 | +€75,188 | +8.2% |
| Remuneration, social security and pensions | 62 | €10,739 | €37,266 | +€26,526 | +247% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,525 | €35,735 | +€8,211 | +29.8% |
| Other operating charges | 640/8 | €3,459 | €7,162 | +€3,703 | +107% |
| Non-recurring operating charges | 66A | €53 | €327 | +€274 | +517% |
| Gross operating margin | 9900 | €37,385 | €149,998 | +€112,614 | +301% |
| Operating profit (loss) | 9901 | -€4,391 | €69,508 | +€73,899 | |
| Financial income | 75/76B | €238 | €191 | -€48 | -20.0% |
| Recurring financial income | 75 | €238 | €191 | -€48 | -20.0% |
| Financial charges | 65/66B | €2,824 | €3,020 | +€196 | +7.0% |
| Recurring financial charges | 65 | €2,824 | €3,020 | +€196 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,976 | €66,679 | +€73,655 | |
| Income taxes | 67/77 | €289 | €16,482 | +€16,193 | +5,606% |
| Profit (loss) for the period | 9904 | -€7,265 | €50,198 | +€57,463 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,265 | €50,198 | +€57,463 |
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 13 October 2026 via checked.be.