Alliance Sud 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 Sud Immo
Largest movements
- Tangible fixed assets +€296,610
up €296,610 (+9.3%), from €3.2m to €3.5m
- Cash +€106,072
up €106,072 (+10,501%), from €1,010 to €107,082
mainly Debts after one year (+€292,934) and Depreciation (+€254,548)
- Debts after one year +€292,934
up €292,934 (+12.0%), from €2.4m to €2.7m
- Other debts +€213,000
up €213,000 (+41.8%), from €510,000 to €723,000
- Profit (loss) carried forward -€134,884
down €134,884 (-57.6%), from -€234,357 to -€369,241
- Depreciation +€60,922
up €60,922 (+31.5%), from €193,626 to €254,548
- Gross operating margin +€24,561
up €24,561 (+14.2%), from €172,764 to €197,325
- Financial charges +€21,338
up €21,338 (+48.6%), from €43,911 to €65,250
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 | €3,238,781 | €3,626,250 | +€387,469 | +12.0% |
| Fixed assets | 21/28 | €3,218,197 | €3,514,807 | +€296,610 | +9.2% |
| Tangible fixed assets | 22/27 | €3,180,847 | €3,477,457 | +€296,610 | +9.3% |
| Land and buildings | 22 | €3,180,847 | €3,477,457 | +€296,610 | +9.3% |
| Financial fixed assets | 28 | €37,350 | €37,350 | = | 0.0% |
| Current assets | 29/58 | €20,584 | €111,443 | +€90,859 | +441% |
| Amounts receivable within one year | 40/41 | €19,574 | €3,763 | -€15,811 | -80.8% |
| Trade receivables | 40 | €17,200 | €2,186 | -€15,014 | -87.3% |
| Other amounts receivable | 41 | €2,374 | €1,577 | -€797 | -33.6% |
| Cash at bank and in hand | 54/58 | €1,010 | €107,082 | +€106,072 | +10,501% |
| Deferred charges and accrued income | 490/1 | - | €599 | +€599 | |
| Total equity and liabilities | 10/49 | €3,238,781 | €3,626,250 | +€387,469 | +12.0% |
| Equity | 10/15 | €165,643 | €30,759 | -€134,884 | -81.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,357 | -€369,241 | -€134,884 | -57.6% |
| Amounts payable | 17/49 | €3,073,138 | €3,595,491 | +€522,353 | +17.0% |
| Amounts payable after more than one year | 17 | €2,432,164 | €2,725,097 | +€292,934 | +12.0% |
| Financial debts | 170/4 | €2,432,164 | €2,725,097 | +€292,934 | +12.0% |
| Amounts payable within one year | 42/48 | €637,225 | €865,482 | +€228,257 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €126,666 | €139,930 | +€13,264 | +10.5% |
| Trade debts | 44 | €559 | €1,202 | +€643 | +115% |
| Suppliers | 440/4 | €559 | €1,202 | +€643 | +115% |
| Taxes, remuneration and social security | 45 | - | €1,351 | +€1,351 | |
| Taxes | 450/3 | - | €1,351 | +€1,351 | |
| Other amounts payable | 47/48 | €510,000 | €723,000 | +€213,000 | +41.8% |
| Accrued charges and deferred income | 492/3 | €3,750 | €4,912 | +€1,162 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,626 | €254,548 | +€60,922 | +31.5% |
| Other operating charges | 640/8 | €12,041 | €12,412 | +€371 | +3.1% |
| Gross operating margin | 9900 | €172,764 | €197,325 | +€24,561 | +14.2% |
| Operating profit (loss) | 9901 | -€32,903 | -€69,635 | -€36,733 | -112% |
| Financial income | 75/76B | €0 | €1 | +€1 | +4,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +4,900% |
| Financial charges | 65/66B | €43,911 | €65,250 | +€21,338 | +48.6% |
| Recurring financial charges | 65 | €43,911 | €65,250 | +€21,338 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | -€76,814 | -€134,884 | -€58,070 | -75.6% |
| Profit (loss) for the period | 9904 | -€76,814 | -€134,884 | -€58,070 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,814 | -€134,884 | -€58,070 | -75.6% |
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 26 October 2026 via checked.be.