ALLIANCE 4: 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.
ALLIANCE 4
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€135,005
down €135,005 (-59.0%), from €228,779 to €93,774
- Reserves +€121,138
up €121,138 (+136.6%), from €88,711 to €209,850
- Tax, wage and social debts +€12,114
up €12,114 (+136.6%), from €8,871 to €20,985
- Financial income +€5,278
up €5,278 (+4.0%), from €132,590 to €137,868
- Taxes +€3,243
up €3,243 (+36.6%), from €8,871 to €12,114
- Gross operating margin +€2,146
up €2,146 (+47.1%), from -€4,559 to -€2,413
- Financial charges +€1,471
up €1,471 (+461.4%), from €319 to €1,790
From the 31-12-2024 result to the 31-12-2025 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.
Cash bridge derived
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,961 | €344,669 | -€292 | -0.1% |
| Fixed assets | 21/28 | €344,648 | €344,648 | = | 0.0% |
| Financial fixed assets | 28 | €344,648 | €344,648 | = | 0.0% |
| Current assets | 29/58 | €314 | €22 | -€292 | -93.1% |
| Cash at bank and in hand | 54/58 | €314 | €22 | -€292 | -93.1% |
| Total equity and liabilities | 10/49 | €344,961 | €344,669 | -€292 | -0.1% |
| Equity | 10/15 | €107,311 | €228,450 | +€121,138 | +112.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,711 | €209,850 | +€121,138 | +136.6% |
| Distributable reserves | 133 | €88,711 | €209,850 | +€121,138 | +136.6% |
| Amounts payable | 17/49 | €237,650 | €116,220 | -€121,431 | -51.1% |
| Amounts payable within one year | 42/48 | €237,650 | €116,220 | -€121,431 | -51.1% |
| Trade debts | 44 | - | €1,461 | +€1,461 | |
| Suppliers | 440/4 | - | €1,461 | +€1,461 | |
| Taxes, remuneration and social security | 45 | €8,871 | €20,985 | +€12,114 | +136.6% |
| Taxes | 450/3 | €8,871 | €20,985 | +€12,114 | +136.6% |
| Other amounts payable | 47/48 | €228,779 | €93,774 | -€135,005 | -59.0% |
| Other operating charges | 640/8 | €387 | €412 | +€25 | +6.4% |
| Gross operating margin | 9900 | -€4,559 | -€2,413 | +€2,146 | +47.1% |
| Operating profit (loss) | 9901 | -€4,946 | -€2,825 | +€2,121 | +42.9% |
| Financial income | 75/76B | €132,590 | €137,868 | +€5,278 | +4.0% |
| Recurring financial income | 75 | €132,590 | €137,868 | +€5,278 | +4.0% |
| Financial charges | 65/66B | €319 | €1,790 | +€1,471 | +461.4% |
| Recurring financial charges | 65 | €319 | €1,790 | +€1,471 | +461.4% |
| Profit (loss) for the period before taxes | 9903 | €127,325 | €133,252 | +€5,928 | +4.7% |
| Income taxes | 67/77 | €8,871 | €12,114 | +€3,243 | +36.6% |
| Profit (loss) for the period | 9904 | €118,454 | €121,138 | +€2,685 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €118,454 | €121,138 | +€2,685 | +2.3% |
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 28 September 2026 via checked.be.