ALM CAR: 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.
ALM CAR
Largest movements
- Receivables within one year +€1,330
up €1,330 (+3.5%), from €37,571 to €38,901
- Profit (loss) carried forward +€1,223
up €1,223 (+10.4%), from -€11,708 to -€10,485
- Trade debts +€960
up €960 (+17.5%), from €5,496 to €6,456
- Tax, wage and social debts -€955
down €955 (-17.7%), from €5,407 to €4,452
- Other operating charges -€2,593
down €2,593 (-67.4%), from €3,848 to €1,255
- Purchases and services -€2,334
down €2,334 (-20.2%), from €11,584 to €9,249
- Staff costs +€1,201
up €1,201 (+3.2%), from €38,092 to €39,293
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 | €37,948 | €39,278 | +€1,330 | +3.5% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €37,698 | €39,028 | +€1,330 | +3.5% |
| Amounts receivable within one year | 40/41 | €37,571 | €38,901 | +€1,330 | +3.5% |
| Trade receivables | 40 | €37,571 | €38,901 | +€1,330 | +3.5% |
| Cash at bank and in hand | 54/58 | €127 | €127 | = | 0.0% |
| Total equity and liabilities | 10/49 | €37,948 | €39,278 | +€1,330 | +3.5% |
| Equity | 10/15 | €6,892 | €8,115 | +€1,223 | +17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,708 | -€10,485 | +€1,223 | +10.4% |
| Amounts payable | 17/49 | €31,056 | €31,163 | +€107 | +0.3% |
| Amounts payable within one year | 42/48 | €31,056 | €31,163 | +€107 | +0.3% |
| Financial debts | 43 | €4,871 | €4,974 | +€103 | +2.1% |
| Credit institutions | 430/8 | €4,871 | €4,974 | +€103 | +2.1% |
| Trade debts | 44 | €5,496 | €6,456 | +€960 | +17.5% |
| Suppliers | 440/4 | €5,496 | €6,456 | +€960 | +17.5% |
| Taxes, remuneration and social security | 45 | €5,407 | €4,452 | -€955 | -17.7% |
| Taxes | 450/3 | €5,407 | €4,452 | -€955 | -17.7% |
| Other amounts payable | 47/48 | €15,282 | €15,282 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,584 | €9,249 | -€2,334 | -20.2% |
| Remuneration, social security and pensions | 62 | €38,092 | €39,293 | +€1,201 | +3.2% |
| Other operating charges | 640/8 | €3,848 | €1,255 | -€2,593 | -67.4% |
| Gross operating margin | 9900 | €41,995 | €42,403 | +€409 | +1.0% |
| Operating profit (loss) | 9901 | €55 | €1,856 | +€1,801 | +3,284% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €557 | €633 | +€76 | +13.7% |
| Recurring financial charges | 65 | €557 | €633 | +€76 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€502 | €1,223 | +€1,725 | |
| Profit (loss) for the period | 9904 | -€502 | €1,223 | +€1,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€502 | €1,223 | +€1,725 |
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 13 October 2026 via checked.be.