ALLEGION: 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.
What changed
ALLEGION
NACE 46.499, Wholesale of other household goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,917
2024 · €271,549-€228,632
Equity
€973,941
2024 · €931,025+€42,917
Cash
€855,986
2024 · €733,213+€122,774
Balance sheet total
€5.6m
2024 · €6.1m-€482,902
Largest movements
Assets
- Receivables within one year -€342,500
down €342,500 (-17.3%), from €2.0m to €1.6m
of which Trade receivables: -€433,356
- Intangible fixed assets -€246,851
down €246,851 (-8.1%), from €3.1m to €2.8m
- Cash +€122,774
up €122,774 (+16.7%), from €733,213 to €855,986
mainly Trade debts (+€366,580) and Receivables within one year (+€342,500)
Equity and liabilities
- Debts after one year -€637,130
down €637,130 (-24.7%), from €2.6m to €1.9m
- Trade debts +€366,580
up €366,580 (+33.4%), from €1.1m to €1.5m
- Reserves +€271,549
up €271,549 (+80.9%), from €335,529 to €607,078
of which Distributable reserves: +€271,549
- Profit (loss) carried forward -€228,632
down €228,632 (-84.2%), from €271,549 to €42,917
- Accrued charges and deferred income -€205,216
down €205,216 (-17.2%), from €1.2m to €988,772
Income statement
- Turnover +€762,938
up €762,938 (+12.0%), from €6.4m to €7.1m
- Goods and materials +€498,715
up €498,715 (+23.8%), from €2.1m to €2.6m
of which Purchases: +€537,257
- Staff costs +€357,574
up €357,574 (+11.5%), from €3.1m to €3.5m
- Services and other goods +€114,857
up €114,857 (+10.5%), from €1.1m to €1.2m
- Taxes -€86,851
down €86,851 (-53.8%), from €161,500 to €74,650
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.
Result 2024
€271,549
Turnover
+€762,938
Other operating income
-€65,716
Goods and materials
-€498,715
Services and other goods
-€114,857
Staff costs
-€357,574
Depreciation
-€24,651
Other operating charges
-€998
Other operating items
-€46,001
Financial income
+€2,083
Financial charges
+€28,008
Taxes
+€86,851
Result 2025
€42,917
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.
From operations
+€757,038
Investment
+€2,867
Financing
-€637,130
Cash 2024
€733,213
From operations (derived)
+€757,038
Net result for the year
+€42,917
Depreciation
+€249,985
Stocks and contracts
-€14,239
Receivables within one year
+€342,500
Deferred charges and accrued income
+€24,562
Trade debts
+€366,580
Tax, wage and social debts
-€50,052
Accrued charges and deferred income
-€205,216
Investment (derived)
+€2,867
Investment in fixed assets (net)
+€2,867
Financing
-€637,130
Debts after one year
-€637,130
Cash 2025
€855,986
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,112,466 | €5,629,565 | -€482,902 | -7.9% |
| Fixed assets | 21/28 | €3,090,446 | €2,837,595 | -€252,852 | -8.2% |
| Intangible fixed assets | 21 | €3,055,846 | €2,808,995 | -€246,851 | -8.1% |
| Tangible fixed assets | 22/27 | €15,624 | €9,624 | -€6,000 | -38.4% |
| Furniture and vehicles | 24 | €15,624 | €9,624 | -€6,000 | -38.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €18,976 | €18,976 | = | 0.0% |
| Other financial fixed assets | 284/8 | €18,976 | €18,976 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €18,976 | €18,976 | = | 0.0% |
| Current assets | 29/58 | €3,022,020 | €2,791,970 | -€230,050 | -7.6% |
| Stocks and contracts in progress | 3 | €167,977 | €182,216 | +€14,239 | +8.5% |
| Stocks | 30/36 | €130,208 | €163,646 | +€33,438 | +25.7% |
| Goods purchased for resale | 34 | €130,208 | €163,646 | +€33,438 | +25.7% |
| Contracts in progress | 37 | €37,769 | €18,570 | -€19,199 | -50.8% |
| Amounts receivable within one year | 40/41 | €1,975,895 | €1,633,395 | -€342,500 | -17.3% |
| Trade receivables | 40 | €1,946,477 | €1,513,121 | -€433,356 | -22.3% |
| Other amounts receivable | 41 | €29,419 | €120,275 | +€90,856 | +308.8% |
| Cash at bank and in hand | 54/58 | €733,213 | €855,986 | +€122,774 | +16.7% |
| Deferred charges and accrued income | 490/1 | €144,935 | €120,373 | -€24,562 | -16.9% |
| Total equity and liabilities | 10/49 | €6,112,466 | €5,629,565 | -€482,902 | -7.9% |
| Equity | 10/15 | €931,025 | €973,941 | +€42,917 | +4.6% |
| Contributions | 10/11 | €323,947 | €323,947 | = | 0.0% |
| Capital | 10 | €323,947 | €323,947 | = | 0.0% |
| Issued capital | 100 | €323,947 | €323,947 | = | 0.0% |
| Reserves | 13 | €335,529 | €607,078 | +€271,549 | +80.9% |
| Non-distributable reserves | 130/1 | €32,395 | €32,395 | = | 0.0% |
| Legal reserve | 130 | €32,395 | €32,395 | = | 0.0% |
| Distributable reserves | 133 | €303,134 | €574,683 | +€271,549 | +89.6% |
| Profit (loss) carried forward | 14 | €271,549 | €42,917 | -€228,632 | -84.2% |
| Amounts payable | 17/49 | €5,181,442 | €4,655,623 | -€525,818 | -10.1% |
| Amounts payable after more than one year | 17 | €2,582,269 | €1,945,139 | -€637,130 | -24.7% |
| Financial debts | 170/4 | €2,582,269 | €1,945,139 | -€637,130 | -24.7% |
| Subordinated loans | 170 | €2,582,269 | €1,945,139 | -€637,130 | -24.7% |
| Amounts payable within one year | 42/48 | €1,405,185 | €1,721,713 | +€316,528 | +22.5% |
| Trade debts | 44 | €1,096,016 | €1,462,596 | +€366,580 | +33.4% |
| Suppliers | 440/4 | €1,096,016 | €1,462,596 | +€366,580 | +33.4% |
| Taxes, remuneration and social security | 45 | €309,169 | €259,117 | -€50,052 | -16.2% |
| Taxes | 450/3 | €288,584 | €229,965 | -€58,619 | -20.3% |
| Remuneration and social security | 454/9 | €20,585 | €29,152 | +€8,567 | +41.6% |
| Accrued charges and deferred income | 492/3 | €1,193,988 | €988,772 | -€205,216 | -17.2% |
| Operating income | 70/76A | €7,172,937 | €7,824,158 | +€651,221 | +9.1% |
| Turnover | 70 | €6,374,783 | €7,137,722 | +€762,938 | +12.0% |
| Other operating income | 74 | €752,153 | €686,437 | -€65,716 | -8.7% |
| Non-recurring operating income | 76A | €46,001 | €0 | -€46,001 | -100.0% |
| Operating charges | 60/66A | €6,569,716 | €7,566,511 | +€996,795 | +15.2% |
| Goods for resale, raw materials and consumables | 60 | €2,091,801 | €2,590,515 | +€498,715 | +23.8% |
| Purchases | 600/8 | €2,067,497 | €2,604,754 | +€537,257 | +26.0% |
| Change in stocks: decrease (increase) | 609 | €24,303 | -€14,239 | -€38,542 | |
| Services and other goods | 61 | €1,089,491 | €1,204,347 | +€114,857 | +10.5% |
| Remuneration, social security and pensions | 62 | €3,104,458 | €3,462,032 | +€357,574 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,334 | €249,985 | +€24,651 | +10.9% |
| Other operating charges | 640/8 | €58,633 | €59,631 | +€998 | +1.7% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Operating profit (loss) | 9901 | €603,220 | €257,647 | -€345,574 | -57.3% |
| Financial income | 75/76B | €209 | €2,293 | +€2,083 | +994.7% |
| Recurring financial income | 75 | €209 | €2,293 | +€2,083 | +994.7% |
| Other financial income | 752/9 | €209 | €2,293 | +€2,083 | +994.7% |
| Financial charges | 65/66B | €170,381 | €142,373 | -€28,008 | -16.4% |
| Recurring financial charges | 65 | €170,381 | €142,373 | -€28,008 | -16.4% |
| Debt charges | 650 | €166,201 | €138,115 | -€28,087 | -16.9% |
| Other financial charges | 652/9 | €4,179 | €4,258 | +€79 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €433,049 | €117,566 | -€315,483 | -72.9% |
| Income taxes | 67/77 | €161,500 | €74,650 | -€86,851 | -53.8% |
| Taxes | 670/3 | €161,500 | €74,650 | -€86,851 | -53.8% |
| Profit (loss) for the period | 9904 | €271,549 | €42,917 | -€228,632 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €271,549 | €42,917 | -€228,632 | -84.2% |
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 3 October 2026 via checked.be.