Alliance BW: 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.
Alliance BW
Largest movements
- Intangible fixed assets -€53,000
down €53,000 (-21.9%), from €241,496 to €188,496
- Cash +€16,884
up €16,884 (+88.0%), from €19,197 to €36,082
mainly Depreciation (+€62,271) and Other debts (+€21,380)
- Receivables within one year -€14,514
down €14,514 (-21.7%), from €66,800 to €52,286
of which Other amounts receivable: -€15,510
- Tangible fixed assets -€9,271
down €9,271 (-16.0%), from €58,104 to €48,834
- Debts after one year -€66,521
down €66,521 (-27.1%), from €245,375 to €178,854
- Other debts +€21,380
new in 2025: €21,380
- Tax, wage and social debts -€16,636
no longer reported in 2025 (was €16,636)
of which Taxes: -€9,644
- Gross operating margin -€107,402
down €107,402 (-60.5%), from €177,438 to €70,036
- Staff costs -€87,265
down €87,265 (-99.0%), from €88,179 to €915
- Taxes -€5,444
down €5,444 (-88.2%), from €6,171 to €727
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 | €385,597 | €327,236 | -€58,361 | -15.1% |
| Fixed assets | 21/28 | €299,600 | €237,329 | -€62,271 | -20.8% |
| Intangible fixed assets | 21 | €241,496 | €188,496 | -€53,000 | -21.9% |
| Tangible fixed assets | 22/27 | €58,104 | €48,834 | -€9,271 | -16.0% |
| Plant, machinery and equipment | 23 | €58,104 | €48,834 | -€9,271 | -16.0% |
| Current assets | 29/58 | €85,997 | €89,907 | +€3,910 | +4.5% |
| Amounts receivable within one year | 40/41 | €66,800 | €52,286 | -€14,514 | -21.7% |
| Trade receivables | 40 | €30,569 | €31,566 | +€997 | +3.3% |
| Other amounts receivable | 41 | €36,230 | €20,720 | -€15,510 | -42.8% |
| Cash at bank and in hand | 54/58 | €19,197 | €36,082 | +€16,884 | +88.0% |
| Deferred charges and accrued income | 490/1 | - | €1,539 | +€1,539 | |
| Total equity and liabilities | 10/49 | €385,597 | €327,236 | -€58,361 | -15.1% |
| Equity | 10/15 | €50,791 | €49,551 | -€1,240 | -2.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,791 | €29,551 | -€1,240 | -4.0% |
| Amounts payable | 17/49 | €334,805 | €277,685 | -€57,121 | -17.1% |
| Amounts payable after more than one year | 17 | €245,375 | €178,854 | -€66,521 | -27.1% |
| Financial debts | 170/4 | €245,375 | €178,854 | -€66,521 | -27.1% |
| Amounts payable within one year | 42/48 | €89,430 | €98,830 | +€9,400 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €66,970 | €68,228 | +€1,259 | +1.9% |
| Trade debts | 44 | €5,824 | €9,222 | +€3,398 | +58.4% |
| Suppliers | 440/4 | €5,824 | €9,222 | +€3,398 | +58.4% |
| Taxes, remuneration and social security | 45 | €16,636 | - | -€16,636 | |
| Taxes | 450/3 | €9,644 | - | -€9,644 | |
| Remuneration and social security | 454/9 | €6,993 | - | -€6,993 | |
| Other amounts payable | 47/48 | - | €21,380 | +€21,380 | |
| Remuneration, social security and pensions | 62 | €88,179 | €915 | -€87,265 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,271 | €62,271 | = | 0.0% |
| Other operating charges | 640/8 | €371 | €1,138 | +€767 | +207% |
| Gross operating margin | 9900 | €177,438 | €70,036 | -€107,402 | -60.5% |
| Operating profit (loss) | 9901 | €26,617 | €5,712 | -€20,904 | -78.5% |
| Financial income | 75/76B | - | €456 | +€456 | |
| Recurring financial income | 75 | - | €456 | +€456 | |
| Financial charges | 65/66B | €7,923 | €6,682 | -€1,241 | -15.7% |
| Recurring financial charges | 65 | €7,923 | €6,682 | -€1,241 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €18,693 | -€513 | -€19,207 | |
| Income taxes | 67/77 | €6,171 | €727 | -€5,444 | -88.2% |
| Profit (loss) for the period | 9904 | €12,523 | -€1,240 | -€13,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,523 | -€1,240 | -€13,763 |
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.