ALM Group: 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 Group
Largest movements
- Cash +€8,192
up €8,192 (+30,600%), from €27 to €8,218
mainly Other debts (+€5,455) and Net result for the year (+€2,352)
- Receivables within one year -€385
down €385 (-14.2%), from €2,712 to €2,327
of which Other amounts receivable: -€385
- Other debts +€5,455
up €5,455 (+27.1%), from €20,109 to €25,564
- Profit (loss) carried forward +€2,352
up €2,352 (+12.6%), from -€18,670 to -€16,318
- Gross operating margin +€10,522
up €10,522, from -€7,532 to €2,990
- Other operating charges +€400
new in 2025: €400
- Financial charges +€85
up €85 (+55.1%), from €153 to €238
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 | €2,739 | €10,545 | +€7,807 | +285% |
| Current assets | 29/58 | €2,739 | €10,545 | +€7,807 | +285% |
| Amounts receivable within one year | 40/41 | €2,712 | €2,327 | -€385 | -14.2% |
| Trade receivables | 40 | €1,941 | €1,941 | = | 0.0% |
| Other amounts receivable | 41 | €770 | €386 | -€385 | -49.9% |
| Cash at bank and in hand | 54/58 | €27 | €8,218 | +€8,192 | +30,600% |
| Total equity and liabilities | 10/49 | €2,739 | €10,545 | +€7,807 | +285% |
| Equity | 10/15 | -€17,370 | -€15,018 | +€2,352 | +13.5% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,670 | -€16,318 | +€2,352 | +12.6% |
| Amounts payable | 17/49 | €20,109 | €25,564 | +€5,455 | +27.1% |
| Amounts payable within one year | 42/48 | €20,109 | €25,564 | +€5,455 | +27.1% |
| Other amounts payable | 47/48 | €20,109 | €25,564 | +€5,455 | +27.1% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€7,532 | €2,990 | +€10,522 | |
| Operating profit (loss) | 9901 | -€7,532 | €2,590 | +€10,122 | |
| Financial charges | 65/66B | €153 | €238 | +€85 | +55.1% |
| Recurring financial charges | 65 | €153 | €238 | +€85 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,686 | €2,352 | +€10,038 | |
| Profit (loss) for the period | 9904 | -€7,686 | €2,352 | +€10,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,686 | €2,352 | +€10,038 |
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 14 October 2026 via checked.be.