ALLIANCE PROJECT: 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 PROJECT
Largest movements
- Receivables within one year +€323,347
up €323,347 (+493.3%), from €65,554 to €388,901
of which Other amounts receivable: +€323,266
- Cash -€63,755
down €63,755 (-38.0%), from €167,961 to €104,205
mainly Receivables within one year (-€323,347) and Contributions, distributions and other (-€58,200)
- Tangible fixed assets +€33,852
up €33,852 (+133.8%), from €25,303 to €59,155
of which Furniture and vehicles: +€38,072
- Stocks and contracts +€23,098
up €23,098 (+307.1%), from €7,520 to €30,619
- Intangible fixed assets -€12,000
down €12,000 (-11.3%), from €105,732 to €93,732
- Tax, wage and social debts +€201,417
up €201,417 (+139.5%), from €144,405 to €345,822
of which Taxes: +€127,201
- Profit (loss) carried forward +€98,029
up €98,029 (+602.8%), from €16,261 to €114,290
- Provisions +€25,000
new in 2024: €25,000
- Other debts -€10,000
down €10,000 (-18.7%), from €53,500 to €43,500
- Trade debts -€9,905
down €9,905 (-6.8%), from €144,800 to €134,896
- Gross operating margin +€383,380
up €383,380 (+149.4%), from €256,533 to €639,913
- Staff costs +€158,270
up €158,270 (+78.1%), from €202,720 to €360,990
- Taxes +€46,511
up €46,511 (+817.7%), from €5,688 to €52,199
- Financial charges +€12,509
up €12,509 (+144.0%), from €8,688 to €21,197
- Depreciation +€6,486
up €6,486 (+37.6%), from €17,248 to €23,734
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 | €376,966 | €681,507 | +€304,541 | +80.8% |
| Fixed assets | 21/28 | €131,035 | €152,886 | +€21,852 | +16.7% |
| Intangible fixed assets | 21 | €105,732 | €93,732 | -€12,000 | -11.3% |
| Tangible fixed assets | 22/27 | €25,303 | €59,155 | +€33,852 | +133.8% |
| Plant, machinery and equipment | 23 | €25,303 | €21,083 | -€4,221 | -16.7% |
| Furniture and vehicles | 24 | - | €38,072 | +€38,072 | |
| Current assets | 29/58 | €245,931 | €528,621 | +€282,690 | +114.9% |
| Stocks and contracts in progress | 3 | €7,520 | €30,619 | +€23,098 | +307.1% |
| Stocks | 30/36 | €7,520 | €30,619 | +€23,098 | +307.1% |
| Amounts receivable within one year | 40/41 | €65,554 | €388,901 | +€323,347 | +493.3% |
| Trade receivables | 40 | - | €81 | +€81 | |
| Other amounts receivable | 41 | €65,554 | €388,820 | +€323,266 | +493.1% |
| Cash at bank and in hand | 54/58 | €167,961 | €104,205 | -€63,755 | -38.0% |
| Deferred charges and accrued income | 490/1 | €4,896 | €4,896 | = | 0.0% |
| Total equity and liabilities | 10/49 | €376,966 | €681,507 | +€304,541 | +80.8% |
| Equity | 10/15 | €34,261 | €132,290 | +€98,029 | +286.1% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,261 | €114,290 | +€98,029 | +602.8% |
| Provisions and deferred taxes | 16 | - | €25,000 | +€25,000 | |
| Provisions for liabilities and charges | 160/5 | - | €25,000 | +€25,000 | |
| Other liabilities and charges | 164/5 | - | €25,000 | +€25,000 | |
| Amounts payable | 17/49 | €342,705 | €524,218 | +€181,512 | +53.0% |
| Amounts payable within one year | 42/48 | €342,705 | €524,218 | +€181,512 | +53.0% |
| Trade debts | 44 | €144,800 | €134,896 | -€9,905 | -6.8% |
| Suppliers | 440/4 | €144,800 | €134,896 | -€9,905 | -6.8% |
| Taxes, remuneration and social security | 45 | €144,405 | €345,822 | +€201,417 | +139.5% |
| Taxes | 450/3 | €89,018 | €216,220 | +€127,201 | +142.9% |
| Remuneration and social security | 454/9 | €55,387 | €129,602 | +€74,216 | +134.0% |
| Other amounts payable | 47/48 | €53,500 | €43,500 | -€10,000 | -18.7% |
| Remuneration, social security and pensions | 62 | €202,720 | €360,990 | +€158,270 | +78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,248 | €23,734 | +€6,486 | +37.6% |
| Other operating charges | 640/8 | €5,937 | €566 | -€5,371 | -90.5% |
| Non-recurring operating charges | 66A | - | €25,000 | +€25,000 | |
| Gross operating margin | 9900 | €256,533 | €639,913 | +€383,380 | +149.4% |
| Operating profit (loss) | 9901 | €30,627 | €229,623 | +€198,995 | +649.7% |
| Financial income | 75/76B | €10 | €3 | -€7 | -72.6% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -72.6% |
| Financial charges | 65/66B | €8,688 | €21,197 | +€12,509 | +144.0% |
| Recurring financial charges | 65 | €8,688 | €21,197 | +€12,509 | +144.0% |
| Profit (loss) for the period before taxes | 9903 | €21,949 | €208,428 | +€186,479 | +849.6% |
| Income taxes | 67/77 | €5,688 | €52,199 | +€46,511 | +817.7% |
| Profit (loss) for the period | 9904 | €16,261 | €156,229 | +€139,968 | +860.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,261 | €156,229 | +€139,968 | +860.8% |
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 8 October 2026 via checked.be.