ALLTEC SEYS: 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.
ALLTEC SEYS
Largest movements
- Current investments +€150,000
new in 2025: €150,000
- Cash -€78,259
down €78,259 (-34.8%), from €224,681 to €146,422
mainly Current investments (-€150,000) and Investment in fixed assets (net) (-€25,000)
- Stocks and contracts -€16,460
down €16,460 (-4.1%), from €403,695 to €387,235
- Receivables within one year +€13,893
up €13,893 (+201.6%), from €6,893 to €20,786
of which Trade receivables: +€15,639
- Tangible fixed assets +€9,842
up €9,842 (+17.0%), from €57,832 to €67,675
of which Land and buildings: +€22,211
- Reserves +€34,253
up €34,253 (+13.4%), from €255,605 to €289,858
of which Distributable reserves: +€34,253
- Trade debts +€18,312
up €18,312 (+61.0%), from €30,031 to €48,343
- Other debts +€17,744
up €17,744 (+11.1%), from €160,061 to €177,805
- Tax, wage and social debts +€12,314
up €12,314 (+89.6%), from €13,749 to €26,063
- Gross operating margin -€47,600
down €47,600 (-35.6%), from €133,697 to €86,097
- Taxes -€13,251
down €13,251 (-50.0%), from €26,519 to €13,268
- Other operating charges +€2,690
up €2,690 (+62.1%), from €4,333 to €7,023
- Financial charges -€1,456
down €1,456 (-9.3%), from €15,606 to €14,150
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.
Cash bridge derived
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 | €698,338 | €779,172 | +€80,834 | +11.6% |
| Fixed assets | 21/28 | €62,619 | €70,861 | +€8,242 | +13.2% |
| Intangible fixed assets | 21 | €4,787 | €3,187 | -€1,600 | -33.4% |
| Tangible fixed assets | 22/27 | €57,832 | €67,675 | +€9,842 | +17.0% |
| Land and buildings | 22 | €15,063 | €37,274 | +€22,211 | +147.5% |
| Plant, machinery and equipment | 23 | €4,082 | €2,501 | -€1,581 | -38.7% |
| Furniture and vehicles | 24 | €38,687 | €27,900 | -€10,788 | -27.9% |
| Current assets | 29/58 | €635,719 | €708,311 | +€72,592 | +11.4% |
| Stocks and contracts in progress | 3 | €403,695 | €387,235 | -€16,460 | -4.1% |
| Stocks | 30/36 | €403,695 | €387,235 | -€16,460 | -4.1% |
| Amounts receivable within one year | 40/41 | €6,893 | €20,786 | +€13,893 | +201.6% |
| Trade receivables | 40 | €4,540 | €20,179 | +€15,639 | +344.5% |
| Other amounts receivable | 41 | €2,353 | €606 | -€1,746 | -74.2% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €224,681 | €146,422 | -€78,259 | -34.8% |
| Deferred charges and accrued income | 490/1 | €450 | €3,868 | +€3,418 | +759.5% |
| Total equity and liabilities | 10/49 | €698,338 | €779,172 | +€80,834 | +11.6% |
| Equity | 10/15 | €480,605 | €514,858 | +€34,253 | +7.1% |
| Contributions | 10/11 | €225,000 | €225,000 | = | 0.0% |
| Reserves | 13 | €255,605 | €289,858 | +€34,253 | +13.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €230,655 | €264,908 | +€34,253 | +14.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €217,733 | €264,314 | +€46,581 | +21.4% |
| Amounts payable within one year | 42/48 | €204,113 | €252,210 | +€48,098 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €273 | €0 | -€273 | -100.0% |
| Credit institutions | 430/8 | €273 | €0 | -€273 | -100.0% |
| Trade debts | 44 | €30,031 | €48,343 | +€18,312 | +61.0% |
| Suppliers | 440/4 | €30,031 | €48,343 | +€18,312 | +61.0% |
| Taxes, remuneration and social security | 45 | €13,749 | €26,063 | +€12,314 | +89.6% |
| Taxes | 450/3 | €13,749 | €26,063 | +€12,314 | +89.6% |
| Other amounts payable | 47/48 | €160,061 | €177,805 | +€17,744 | +11.1% |
| Accrued charges and deferred income | 492/3 | €13,620 | €12,104 | -€1,516 | -11.1% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,555 | €16,758 | +€202 | +1.2% |
| Other operating charges | 640/8 | €4,333 | €7,023 | +€2,690 | +62.1% |
| Gross operating margin | 9900 | €133,697 | €86,097 | -€47,600 | -35.6% |
| Operating profit (loss) | 9901 | €112,809 | €62,317 | -€50,492 | -44.8% |
| Financial income | 75/76B | €144 | €955 | +€810 | +562.2% |
| Recurring financial income | 75 | €144 | €955 | +€810 | +562.2% |
| Financial charges | 65/66B | €15,606 | €14,150 | -€1,456 | -9.3% |
| Recurring financial charges | 65 | €15,606 | €14,150 | -€1,456 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €97,347 | €49,121 | -€48,226 | -49.5% |
| Income taxes | 67/77 | €26,519 | €13,268 | -€13,251 | -50.0% |
| Profit (loss) for the period | 9904 | €70,828 | €35,853 | -€34,975 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,828 | €35,853 | -€34,975 | -49.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.