ALLEMAN PROJECTS: 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.
ALLEMAN PROJECTS
Largest movements
- Cash -€900,156
down €900,156 (-96.4%), from €934,032 to €33,876
mainly Stocks and contracts (-€827,634) and Debts after one year (-€677,730)
- Stocks and contracts +€827,634
up €827,634 (+99.5%), from €831,764 to €1.7m
- Receivables within one year +€38,336
up €38,336 (+685%), from €5,599 to €43,935
of which Trade receivables: +€38,935
- Debts after one year -€677,730
down €677,730 (-41.2%), from €1.6m to €968,337
- Trade debts +€549,792
up €549,792 (+787%), from €69,827 to €619,619
- Short-term financial debts +€244,108
up €244,108 (+4,143%), from €5,892 to €250,000
- Profit (loss) carried forward -€87,361
new in 2025: -€87,361
- Reserves -€63,509
no longer reported in 2025 (was €63,509)
- Gross operating margin -€172,383
down €172,383, from €39,165 to -€133,218
- Other operating charges +€12,033
up €12,033 (+1,098%), from €1,096 to €13,128
- Financial charges -€4,798
down €4,798 (-59.0%), from €8,126 to €3,328
of which Non-recurring financial charges: -€2,792
- Taxes -€4,401
no longer reported in 2025 (was €4,401)
- Depreciation -€1,558
down €1,558 (-17.2%), from €9,053 to €7,495
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 | €1,813,363 | €1,769,145 | -€44,218 | -2.4% |
| Fixed assets | 21/28 | €41,963 | €31,931 | -€10,032 | -23.9% |
| Tangible fixed assets | 22/27 | €7,495 | - | -€7,495 | |
| Plant, machinery and equipment | 23 | €7,495 | - | -€7,495 | |
| Financial fixed assets | 28 | €34,468 | €31,931 | -€2,537 | -7.4% |
| Current assets | 29/58 | €1,771,401 | €1,737,214 | -€34,186 | -1.9% |
| Stocks and contracts in progress | 3 | €831,764 | €1,659,398 | +€827,634 | +99.5% |
| Stocks | 30/36 | €831,764 | €1,659,398 | +€827,634 | +99.5% |
| Amounts receivable within one year | 40/41 | €5,599 | €43,935 | +€38,336 | +685% |
| Trade receivables | 40 | - | €38,935 | +€38,935 | |
| Other amounts receivable | 41 | €5,599 | €5,000 | -€599 | -10.7% |
| Cash at bank and in hand | 54/58 | €934,032 | €33,876 | -€900,156 | -96.4% |
| Deferred charges and accrued income | 490/1 | €5 | €5 | +€0 | +0.4% |
| Total equity and liabilities | 10/49 | €1,813,363 | €1,769,145 | -€44,218 | -2.4% |
| Equity | 10/15 | €82,059 | -€68,811 | -€150,870 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €63,509 | - | -€63,509 | |
| Distributable reserves | 133 | €63,509 | - | -€63,509 | |
| Profit (loss) carried forward | 14 | - | -€87,361 | -€87,361 | |
| Amounts payable | 17/49 | €1,731,305 | €1,837,957 | +€106,652 | +6.2% |
| Amounts payable after more than one year | 17 | €1,646,067 | €968,337 | -€677,730 | -41.2% |
| Other amounts payable | 178/9 | €1,646,067 | €968,337 | -€677,730 | -41.2% |
| Amounts payable within one year | 42/48 | €85,237 | €869,619 | +€784,382 | +920% |
| Current portion of amounts payable after more than one year | 42 | €8,510 | - | -€8,510 | |
| Financial debts | 43 | €5,892 | €250,000 | +€244,108 | +4,143% |
| Credit institutions | 430/8 | €5,892 | €250,000 | +€244,108 | +4,143% |
| Trade debts | 44 | €69,827 | €619,619 | +€549,792 | +787% |
| Suppliers | 440/4 | €69,827 | €619,619 | +€549,792 | +787% |
| Other amounts payable | 47/48 | €1,008 | - | -€1,008 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,053 | €7,495 | -€1,558 | -17.2% |
| Other operating charges | 640/8 | €1,096 | €13,128 | +€12,033 | +1,098% |
| Gross operating margin | 9900 | €39,165 | -€133,218 | -€172,383 | |
| Operating profit (loss) | 9901 | €29,017 | -€153,841 | -€182,858 | |
| Financial income | 75/76B | €6,526 | €6,299 | -€227 | -3.5% |
| Recurring financial income | 75 | €6,526 | €6,299 | -€227 | -3.5% |
| Financial charges | 65/66B | €8,126 | €3,328 | -€4,798 | -59.0% |
| Recurring financial charges | 65 | €5,135 | €3,128 | -€2,006 | -39.1% |
| Non-recurring financial charges | 66B | €2,992 | €200 | -€2,792 | -93.3% |
| Profit (loss) for the period before taxes | 9903 | €27,417 | -€150,870 | -€178,287 | |
| Income taxes | 67/77 | €4,401 | - | -€4,401 | |
| Profit (loss) for the period | 9904 | €23,016 | -€150,870 | -€173,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,016 | -€150,870 | -€173,886 |
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 15 October 2026 via checked.be.