ALMU Lex: 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.
ALMU Lex
Largest movements
- Cash +€73,777
up €73,777 (+36.9%), from €199,716 to €273,493
mainly Net result for the year (+€116,255)
- Receivables within one year +€25,845
up €25,845 (+208%), from €12,433 to €38,278
of which Other amounts receivable: +€29,842
- Reserves +€116,255
up €116,255 (+79.0%), from €147,067 to €263,322
- Tax, wage and social debts -€14,387
down €14,387 (-24.0%), from €59,865 to €45,478
- Gross operating margin +€26,545
up €26,545 (+19.4%), from €137,020 to €163,565
- Taxes +€8,014
up €8,014 (+19.9%), from €40,266 to €48,279
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 | €212,148 | €311,771 | +€99,622 | +47.0% |
| Current assets | 29/58 | €212,148 | €311,771 | +€99,622 | +47.0% |
| Amounts receivable within one year | 40/41 | €12,433 | €38,278 | +€25,845 | +208% |
| Trade receivables | 40 | €3,997 | - | -€3,997 | |
| Other amounts receivable | 41 | €8,436 | €38,278 | +€29,842 | +354% |
| Cash at bank and in hand | 54/58 | €199,716 | €273,493 | +€73,777 | +36.9% |
| Total equity and liabilities | 10/49 | €212,148 | €311,771 | +€99,622 | +47.0% |
| Equity | 10/15 | €149,067 | €265,322 | +€116,255 | +78.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €147,067 | €263,322 | +€116,255 | +79.0% |
| Distributable reserves | 133 | €147,067 | €263,322 | +€116,255 | +79.0% |
| Amounts payable | 17/49 | €63,082 | €46,449 | -€16,633 | -26.4% |
| Amounts payable within one year | 42/48 | €63,082 | €46,449 | -€16,633 | -26.4% |
| Trade debts | 44 | €2,384 | €971 | -€1,413 | -59.3% |
| Suppliers | 440/4 | €2,384 | €971 | -€1,413 | -59.3% |
| Taxes, remuneration and social security | 45 | €59,865 | €45,478 | -€14,387 | -24.0% |
| Taxes | 450/3 | €59,865 | €45,478 | -€14,387 | -24.0% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Gross operating margin | 9900 | €137,020 | €163,565 | +€26,545 | +19.4% |
| Operating profit (loss) | 9901 | €137,020 | €163,565 | +€26,545 | +19.4% |
| Financial income | 75/76B | €355 | €1,266 | +€911 | +256% |
| Recurring financial income | 75 | €355 | €1,266 | +€911 | +256% |
| Financial charges | 65/66B | €207 | €297 | +€89 | +43.0% |
| Recurring financial charges | 65 | €207 | €297 | +€89 | +43.0% |
| Profit (loss) for the period before taxes | 9903 | €137,168 | €164,535 | +€27,367 | +20.0% |
| Income taxes | 67/77 | €40,266 | €48,279 | +€8,014 | +19.9% |
| Profit (loss) for the period | 9904 | €96,902 | €116,255 | +€19,353 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,902 | €116,255 | +€19,353 | +20.0% |
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 17 October 2026 via checked.be.