ALLIANCE IMMO: 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 IMMO
Largest movements
- Cash -€236,966
down €236,966 (-75.6%), from €313,564 to €76,599
mainly Current portion of long-term debt (-€880,000) and Accrued charges and deferred income (-€87,298)
- Stocks and contracts -€232,184
down €232,184 (-14.4%), from €1.6m to €1.4m
- Receivables within one year -€33,897
down €33,897 (-77.5%), from €43,766 to €9,869
of which Other amounts receivable: -€22,933
- Current portion of long-term debt -€880,000
down €880,000 (-100%), from €880,000 to €0
- Other debts +€480,882
up €480,882 (+88.3%), from €544,820 to €1.0m
- Accrued charges and deferred income -€87,298
down €87,298 (-100.0%), from €87,301 to €3
- Tax, wage and social debts +€67,372
up €67,372 (+16,155%), from €417 to €67,789
- Trade debts -€53,841
down €53,841 (-72.4%), from €74,383 to €20,542
- Financial income +€152,597
up €152,597 (+1,053,845%), from €14 to €152,611
- Gross operating margin -€112,893
down €112,893, from €12,649 to -€100,244
- Financial charges +€26,554
up €26,554 (+48.9%), from €54,322 to €80,876
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 | €2,012,859 | €1,491,182 | -€521,677 | -25.9% |
| Fixed assets | 21/28 | €36,425 | €18,673 | -€17,752 | -48.7% |
| Tangible fixed assets | 22/27 | €34,875 | €17,123 | -€17,752 | -50.9% |
| Plant, machinery and equipment | 23 | €594 | €364 | -€230 | -38.8% |
| Furniture and vehicles | 24 | €34,281 | €16,759 | -€17,522 | -51.1% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €1,976,435 | €1,472,510 | -€503,925 | -25.5% |
| Stocks and contracts in progress | 3 | €1,616,520 | €1,384,336 | -€232,184 | -14.4% |
| Stocks | 30/36 | €1,616,520 | €1,384,336 | -€232,184 | -14.4% |
| Amounts receivable within one year | 40/41 | €43,766 | €9,869 | -€33,897 | -77.5% |
| Trade receivables | 40 | €20,832 | €9,869 | -€10,964 | -52.6% |
| Other amounts receivable | 41 | €22,933 | €0 | -€22,933 | -100% |
| Cash at bank and in hand | 54/58 | €313,564 | €76,599 | -€236,966 | -75.6% |
| Deferred charges and accrued income | 490/1 | €2,584 | €1,706 | -€878 | -34.0% |
| Total equity and liabilities | 10/49 | €2,012,859 | €1,491,182 | -€521,677 | -25.9% |
| Equity | 10/15 | -€54,062 | -€102,854 | -€48,792 | -90.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€116,562 | -€165,354 | -€48,792 | -41.9% |
| Amounts payable | 17/49 | €2,066,922 | €1,594,037 | -€472,885 | -22.9% |
| Amounts payable after more than one year | 17 | €480,000 | €480,000 | = | 0.0% |
| Other amounts payable | 178/9 | €480,000 | €480,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,499,620 | €1,114,034 | -€385,587 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €880,000 | €0 | -€880,000 | -100% |
| Trade debts | 44 | €74,383 | €20,542 | -€53,841 | -72.4% |
| Suppliers | 440/4 | €74,383 | €20,542 | -€53,841 | -72.4% |
| Taxes, remuneration and social security | 45 | €417 | €67,789 | +€67,372 | +16,155% |
| Taxes | 450/3 | €417 | €67,789 | +€67,372 | +16,155% |
| Other amounts payable | 47/48 | €544,820 | €1,025,702 | +€480,882 | +88.3% |
| Accrued charges and deferred income | 492/3 | €87,301 | €3 | -€87,298 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,619 | €17,752 | +€133 | +0.8% |
| Other operating charges | 640/8 | €1,857 | €2,351 | +€495 | +26.6% |
| Gross operating margin | 9900 | €12,649 | -€100,244 | -€112,893 | |
| Operating profit (loss) | 9901 | -€6,826 | -€120,347 | -€113,521 | -1,663% |
| Financial income | 75/76B | €14 | €152,611 | +€152,597 | +1,053,845% |
| Recurring financial income | 75 | €14 | €152,611 | +€152,597 | +1,053,845% |
| Financial charges | 65/66B | €54,322 | €80,876 | +€26,554 | +48.9% |
| Recurring financial charges | 65 | €54,322 | €80,876 | +€26,554 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | -€61,133 | -€48,612 | +€12,521 | +20.5% |
| Income taxes | 67/77 | €289 | €180 | -€109 | -37.8% |
| Profit (loss) for the period | 9904 | -€61,422 | -€48,792 | +€12,630 | +20.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,422 | -€48,792 | +€12,630 | +20.6% |
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 17 October 2026 via checked.be.