ALLEZ: 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.
ALLEZ
Largest movements
- Cash +€446,257
up €446,257 (+264%), from €169,099 to €615,356
mainly Receivables within one year (+€216,840) and Net result for the year (+€214,759)
- Receivables within one year -€216,840
down €216,840 (-23.2%), from €933,691 to €716,851
of which Other amounts receivable: -€130,847
- Reserves +€214,759
up €214,759 (+27.0%), from €795,696 to €1.0m
- Trade debts +€41,319
up €41,319 (+24.0%), from €172,192 to €213,511
- Other debts -€18,767
no longer reported in 2025 (was €18,767)
- Short-term financial debts -€18,705
down €18,705 (-38.2%), from €48,984 to €30,279
- Staff costs +€130,493
up €130,493 (+33.0%), from €395,019 to €525,513
- Gross operating margin +€80,458
up €80,458 (+10.8%), from €743,873 to €824,331
- Taxes -€9,017
down €9,017 (-10.0%), from €90,093 to €81,076
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 | €1,145,086 | €1,375,131 | +€230,045 | +20.1% |
| Fixed assets | 21/28 | €13,320 | €10,781 | -€2,538 | -19.1% |
| Tangible fixed assets | 22/27 | €2,802 | €263 | -€2,538 | -90.6% |
| Plant, machinery and equipment | 23 | €2,802 | €263 | -€2,538 | -90.6% |
| Financial fixed assets | 28 | €10,518 | €10,518 | = | 0.0% |
| Current assets | 29/58 | €1,131,766 | €1,364,350 | +€232,583 | +20.6% |
| Stocks and contracts in progress | 3 | €18,965 | €22,430 | +€3,465 | +18.3% |
| Stocks | 30/36 | €18,965 | €22,430 | +€3,465 | +18.3% |
| Amounts receivable within one year | 40/41 | €933,691 | €716,851 | -€216,840 | -23.2% |
| Trade receivables | 40 | €700,742 | €614,749 | -€85,994 | -12.3% |
| Other amounts receivable | 41 | €232,949 | €102,102 | -€130,847 | -56.2% |
| Cash at bank and in hand | 54/58 | €169,099 | €615,356 | +€446,257 | +264% |
| Deferred charges and accrued income | 490/1 | €10,011 | €9,712 | -€299 | -3.0% |
| Total equity and liabilities | 10/49 | €1,145,086 | €1,375,131 | +€230,045 | +20.1% |
| Equity | 10/15 | €814,296 | €1,029,055 | +€214,759 | +26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €795,696 | €1,010,455 | +€214,759 | +27.0% |
| Distributable reserves | 133 | €795,696 | €1,010,455 | +€214,759 | +27.0% |
| Amounts payable | 17/49 | €330,791 | €346,076 | +€15,286 | +4.6% |
| Amounts payable within one year | 42/48 | €330,791 | €345,104 | +€14,313 | +4.3% |
| Financial debts | 43 | €48,984 | €30,279 | -€18,705 | -38.2% |
| Credit institutions | 430/8 | €48,984 | €30,279 | -€18,705 | -38.2% |
| Trade debts | 44 | €172,192 | €213,511 | +€41,319 | +24.0% |
| Suppliers | 440/4 | €172,192 | €213,511 | +€41,319 | +24.0% |
| Taxes, remuneration and social security | 45 | €90,847 | €101,313 | +€10,466 | +11.5% |
| Taxes | 450/3 | €37,064 | €40,844 | +€3,780 | +10.2% |
| Remuneration and social security | 454/9 | €53,783 | €60,469 | +€6,686 | +12.4% |
| Other amounts payable | 47/48 | €18,767 | - | -€18,767 | |
| Accrued charges and deferred income | 492/3 | - | €972 | +€972 | |
| Remuneration, social security and pensions | 62 | €395,019 | €525,513 | +€130,493 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,103 | €2,538 | -€565 | -18.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,818 | -€3,135 | -€4,953 | |
| Other operating charges | 640/8 | €230 | €4,979 | +€4,749 | +2,064% |
| Gross operating margin | 9900 | €743,873 | €824,331 | +€80,458 | +10.8% |
| Operating profit (loss) | 9901 | €343,702 | €294,436 | -€49,266 | -14.3% |
| Financial income | 75/76B | €1,556 | €4,519 | +€2,963 | +190% |
| Recurring financial income | 75 | €1,556 | €4,519 | +€2,963 | +190% |
| Financial charges | 65/66B | €8,161 | €3,120 | -€5,041 | -61.8% |
| Recurring financial charges | 65 | €8,161 | €3,120 | -€5,041 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | €337,097 | €295,835 | -€41,262 | -12.2% |
| Income taxes | 67/77 | €90,093 | €81,076 | -€9,017 | -10.0% |
| Profit (loss) for the period | 9904 | €247,004 | €214,759 | -€32,245 | -13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €247,004 | €214,759 | -€32,245 | -13.1% |
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 31 October 2026 via checked.be.