Alliance construct: 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 construct
Largest movements
- Tangible fixed assets +€66,217
up €66,217 (+214.5%), from €30,871 to €97,087
of which Leasing and similar rights: +€78,478
- Deferred charges and accrued income +€11,726
new in 2024: €11,726
- Stocks and contracts +€5,230
up €5,230 (+26.9%), from €19,423 to €24,652
of which Contracts in progress: +€4,500
- Receivables within one year -€4,873
down €4,873 (-7.1%), from €68,889 to €64,016
of which Trade receivables: -€8,083
- Cash +€3,615
up €3,615 (+56.8%), from €6,364 to €9,979
mainly Debts after one year (+€68,811) and Depreciation (+€17,766)
- Debts after one year +€68,811
new in 2024: €68,811
- Current portion of long-term debt +€15,927
new in 2024: €15,927
- Other debts -€11,097
down €11,097 (-25.2%), from €44,008 to €32,911
- Profit (loss) carried forward +€7,900
up €7,900 (+34.9%), from €22,661 to €30,561
- Trade debts +€2,385
up €2,385 (+4.9%), from €48,940 to €51,325
- Turnover +€260,758
new in 2024: €260,758
- Purchases and services +€219,038
new in 2024: €219,038
- Gross operating margin +€17,729
up €17,729 (+47.8%), from €37,076 to €54,805
- Other operating charges +€16,263
up €16,263 (+926.3%), from €1,756 to €18,019
- Financial charges +€9,704
up €9,704 (+1444.2%), from €672 to €10,376
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,546 | €207,461 | +€81,915 | +65.2% |
| Fixed assets | 21/28 | €30,871 | €97,087 | +€66,217 | +214.5% |
| Tangible fixed assets | 22/27 | €30,871 | €97,087 | +€66,217 | +214.5% |
| Furniture and vehicles | 24 | €30,871 | €18,609 | -€12,261 | -39.7% |
| Leasing and similar rights | 25 | - | €78,478 | +€78,478 | |
| Current assets | 29/58 | €94,675 | €110,373 | +€15,698 | +16.6% |
| Stocks and contracts in progress | 3 | €19,423 | €24,652 | +€5,230 | +26.9% |
| Stocks | 30/36 | €19,423 | €20,152 | +€730 | +3.8% |
| Contracts in progress | 37 | - | €4,500 | +€4,500 | |
| Amounts receivable within one year | 40/41 | €68,889 | €64,016 | -€4,873 | -7.1% |
| Trade receivables | 40 | €64,792 | €56,709 | -€8,083 | -12.5% |
| Other amounts receivable | 41 | €4,097 | €7,307 | +€3,210 | +78.3% |
| Cash at bank and in hand | 54/58 | €6,364 | €9,979 | +€3,615 | +56.8% |
| Deferred charges and accrued income | 490/1 | - | €11,726 | +€11,726 | |
| Total equity and liabilities | 10/49 | €125,546 | €207,461 | +€81,915 | +65.2% |
| Equity | 10/15 | €26,661 | €34,561 | +€7,900 | +29.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,661 | €30,561 | +€7,900 | +34.9% |
| Amounts payable | 17/49 | €98,885 | €172,900 | +€74,015 | +74.8% |
| Amounts payable after more than one year | 17 | - | €68,811 | +€68,811 | |
| Financial debts | 170/4 | - | €68,811 | +€68,811 | |
| Amounts payable within one year | 42/48 | €98,885 | €104,089 | +€5,204 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | - | €15,927 | +€15,927 | |
| Financial debts | 43 | - | €5 | +€5 | |
| Credit institutions | 430/8 | - | €5 | +€5 | |
| Trade debts | 44 | €48,940 | €51,325 | +€2,385 | +4.9% |
| Suppliers | 440/4 | €48,940 | €51,325 | +€2,385 | +4.9% |
| Taxes, remuneration and social security | 45 | €5,937 | €3,921 | -€2,016 | -34.0% |
| Taxes | 450/3 | €5,937 | €3,921 | -€2,016 | -34.0% |
| Other amounts payable | 47/48 | €44,008 | €32,911 | -€11,097 | -25.2% |
| Turnover | 70 | - | €260,758 | +€260,758 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €219,038 | +€219,038 | |
| Remuneration, social security and pensions | 62 | €241 | - | -€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,988 | €17,766 | -€3,221 | -15.3% |
| Other operating charges | 640/8 | €1,756 | €18,019 | +€16,263 | +926.3% |
| Non-recurring operating charges | 66A | €1,500 | - | -€1,500 | |
| Gross operating margin | 9900 | €37,076 | €54,805 | +€17,729 | +47.8% |
| Operating profit (loss) | 9901 | €12,591 | €19,020 | +€6,429 | +51.1% |
| Financial income | 75/76B | - | €61 | +€61 | |
| Recurring financial income | 75 | - | €61 | +€61 | |
| Financial charges | 65/66B | €672 | €10,376 | +€9,704 | +1444.2% |
| Recurring financial charges | 65 | €672 | €10,376 | +€9,704 | +1444.2% |
| Profit (loss) for the period before taxes | 9903 | €11,919 | €8,706 | -€3,213 | -27.0% |
| Income taxes | 67/77 | €3,115 | €806 | -€2,309 | -74.1% |
| Profit (loss) for the period | 9904 | €8,805 | €7,900 | -€905 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,805 | €7,900 | -€905 | -10.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.