ALLTECH's: 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.
What changed
ALLTECH's
NACE 43.350, Other building finishing work
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€18,294
2023 · €77,780-€59,486
Equity
€737,737
2023 · €719,443+€18,294
Cash
€23,091
2023 · €4,144+€18,947
Balance sheet total
€2.0m
2023 · €1.7m+€249,085
Largest movements
Assets
- Tangible fixed assets +€266,505
up €266,505 (+82.2%), from €324,349 to €590,854
of which Land and buildings: +€244,653
- Stocks and contracts +€181,559
up €181,559 (+84.5%), from €214,823 to €396,382
of which Contracts in progress: +€135,800
- Receivables within one year -€179,545
down €179,545 (-24.5%), from €733,205 to €553,660
of which Trade receivables: -€168,641
- Receivables after one year -€30,000
down €30,000 (-7.3%), from €410,000 to €380,000
Equity and liabilities
- Short-term financial debts +€271,015
up €271,015 (+200.4%), from €135,235 to €406,250
of which Credit institutions: +€295,000
- Tax, wage and social debts -€69,887
down €69,887 (-42.1%), from €166,041 to €96,154
of which Taxes: -€82,423
Income statement
- Staff costs +€96,382
up €96,382 (+16.2%), from €594,170 to €690,552
- Gross operating margin +€60,663
up €60,663 (+7.4%), from €822,700 to €883,363
- Financial charges +€28,588
up €28,588 (+102.4%), from €27,925 to €56,513
- Taxes -€19,733
down €19,733 (-74.2%), from €26,590 to €6,857
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.
Result 2023
€77,780
Gross operating margin
+€60,663
Staff costs
-€96,382
Depreciation
-€7,474
Other operating charges
-€7,791
Other operating items
+€176
Financial income
+€177
Financial charges
-€28,588
Taxes
+€19,733
Result 2024
€18,294
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.
From operations
+€66,279
Investment
-€346,170
Financing
+€298,839
Cash 2023
€4,144
From operations (derived)
+€66,279
Net result for the year
+€18,294
Depreciation
+€87,851
Receivables after one year
+€30,000
Stocks and contracts
-€181,559
Receivables within one year
+€179,545
Deferred charges and accrued income
+€196
Trade debts
+€1,957
Tax, wage and social debts
-€69,887
Advances received
-€2,715
Other debts
+€1,047
Accrued charges and deferred income
+€1,551
Investment (derived)
-€346,170
Investment in fixed assets (net)
-€346,170
Financing
+€298,839
Debts after one year
+€14,357
Current portion of long-term debt
+€13,467
Short-term financial debts
+€271,015
Contributions, distributions and other
-€0
Cash 2024
€23,091
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,716,262 | €1,965,347 | +€249,085 | +14.5% |
| Fixed assets | 21/28 | €346,087 | €604,406 | +€258,319 | +74.6% |
| Tangible fixed assets | 22/27 | €324,349 | €590,854 | +€266,505 | +82.2% |
| Land and buildings | 22 | €161,408 | €406,061 | +€244,653 | +151.6% |
| Plant, machinery and equipment | 23 | €29,586 | €19,205 | -€10,381 | -35.1% |
| Furniture and vehicles | 24 | €39,198 | €28,449 | -€10,749 | -27.4% |
| Leasing and similar rights | 25 | €94,158 | €137,139 | +€42,981 | +45.6% |
| Financial fixed assets | 28 | €21,738 | €13,552 | -€8,186 | -37.7% |
| Current assets | 29/58 | €1,370,175 | €1,360,941 | -€9,234 | -0.7% |
| Amounts receivable after more than one year | 29 | €410,000 | €380,000 | -€30,000 | -7.3% |
| Other amounts receivable | 291 | €410,000 | €380,000 | -€30,000 | -7.3% |
| Stocks and contracts in progress | 3 | €214,823 | €396,382 | +€181,559 | +84.5% |
| Stocks | 30/36 | €32,423 | €78,182 | +€45,759 | +141.1% |
| Contracts in progress | 37 | €182,400 | €318,200 | +€135,800 | +74.5% |
| Amounts receivable within one year | 40/41 | €733,205 | €553,660 | -€179,545 | -24.5% |
| Trade receivables | 40 | €660,787 | €492,146 | -€168,641 | -25.5% |
| Other amounts receivable | 41 | €72,418 | €61,514 | -€10,904 | -15.1% |
| Cash at bank and in hand | 54/58 | €4,144 | €23,091 | +€18,947 | +457.3% |
| Deferred charges and accrued income | 490/1 | €8,004 | €7,808 | -€196 | -2.4% |
| Total equity and liabilities | 10/49 | €1,716,262 | €1,965,347 | +€249,085 | +14.5% |
| Equity | 10/15 | €719,443 | €737,737 | +€18,294 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €17,860 | €17,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €695,383 | €713,677 | +€18,294 | +2.6% |
| Amounts payable | 17/49 | €996,818 | €1,227,610 | +€230,792 | +23.2% |
| Amounts payable after more than one year | 17 | €76,898 | €91,255 | +€14,357 | +18.7% |
| Financial debts | 170/4 | €76,898 | €91,255 | +€14,357 | +18.7% |
| Amounts payable within one year | 42/48 | €919,920 | €1,134,804 | +€214,884 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €46,776 | €60,243 | +€13,467 | +28.8% |
| Financial debts | 43 | €135,235 | €406,250 | +€271,015 | +200.4% |
| Credit institutions | 430/8 | €100,000 | €395,000 | +€295,000 | +295.0% |
| Other loans | 439 | €35,235 | €11,250 | -€23,985 | -68.1% |
| Trade debts | 44 | €559,827 | €561,784 | +€1,957 | +0.3% |
| Suppliers | 440/4 | €559,827 | €561,784 | +€1,957 | +0.3% |
| Advances received on contracts in progress | 46 | €2,715 | - | -€2,715 | |
| Taxes, remuneration and social security | 45 | €166,041 | €96,154 | -€69,887 | -42.1% |
| Taxes | 450/3 | €88,716 | €6,293 | -€82,423 | -92.9% |
| Remuneration and social security | 454/9 | €77,325 | €89,861 | +€12,536 | +16.2% |
| Other amounts payable | 47/48 | €9,326 | €10,373 | +€1,047 | +11.2% |
| Accrued charges and deferred income | 492/3 | - | €1,551 | +€1,551 | |
| Remuneration, social security and pensions | 62 | €594,170 | €690,552 | +€96,382 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,377 | €87,851 | +€7,474 | +9.3% |
| Other operating charges | 640/8 | €15,754 | €23,545 | +€7,791 | +49.5% |
| Non-recurring operating charges | 66A | €176 | - | -€176 | |
| Gross operating margin | 9900 | €822,700 | €883,363 | +€60,663 | +7.4% |
| Operating profit (loss) | 9901 | €132,223 | €81,415 | -€50,808 | -38.4% |
| Financial income | 75/76B | €72 | €249 | +€177 | +244.4% |
| Recurring financial income | 75 | €72 | €249 | +€177 | +244.4% |
| Financial charges | 65/66B | €27,925 | €56,513 | +€28,588 | +102.4% |
| Recurring financial charges | 65 | €27,925 | €56,513 | +€28,588 | +102.4% |
| Profit (loss) for the period before taxes | 9903 | €104,370 | €25,151 | -€79,219 | -75.9% |
| Income taxes | 67/77 | €26,590 | €6,857 | -€19,733 | -74.2% |
| Profit (loss) for the period | 9904 | €77,780 | €18,294 | -€59,486 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €77,780 | €18,294 | -€59,486 | -76.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.