ALNEMAT CONSTRUCT: 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.
ALNEMAT CONSTRUCT
Largest movements
- Cash +€34,543
up €34,543 (+66.0%), from €52,303 to €86,846
mainly Net result for the year (+€31,269) and Other debts (+€25,198)
- Receivables within one year +€24,604
up €24,604 (+49.9%), from €49,330 to €73,934
of which Trade receivables: +€24,604
- Tangible fixed assets -€9,988
down €9,988 (-71.3%), from €14,015 to €4,027
- Deferred charges and accrued income -€3,795
no longer reported in 2025 (was €3,795)
- Other debts +€25,198
up €25,198 (+213.0%), from €11,827 to €37,025
- Accrued charges and deferred income -€15,292
down €15,292 (-97.4%), from €15,700 to €408
- Tax, wage and social debts +€14,109
up €14,109 (+112.3%), from €12,567 to €26,676
of which Taxes: +€14,420
- Reserves +€14,000
up €14,000 (+93.3%), from €15,000 to €29,000
- Trade debts +€5,080
up €5,080 (+34.4%), from €14,778 to €19,859
- Gross operating margin +€12,729
up €12,729 (+35.8%), from €35,560 to €48,288
- Taxes -€2,154
down €2,154 (-30.9%), from €6,960 to €4,806
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 | €119,503 | €164,867 | +€45,364 | +38.0% |
| Fixed assets | 21/28 | €14,075 | €4,087 | -€9,988 | -71.0% |
| Tangible fixed assets | 22/27 | €14,015 | €4,027 | -€9,988 | -71.3% |
| Furniture and vehicles | 24 | €14,015 | €4,027 | -€9,988 | -71.3% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €105,428 | €160,780 | +€55,352 | +52.5% |
| Amounts receivable within one year | 40/41 | €49,330 | €73,934 | +€24,604 | +49.9% |
| Trade receivables | 40 | €47,330 | €71,934 | +€24,604 | +52.0% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €52,303 | €86,846 | +€34,543 | +66.0% |
| Deferred charges and accrued income | 490/1 | €3,795 | - | -€3,795 | |
| Total equity and liabilities | 10/49 | €119,503 | €164,867 | +€45,364 | +38.0% |
| Equity | 10/15 | €64,630 | €80,899 | +€16,269 | +25.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €29,000 | +€14,000 | +93.3% |
| Distributable reserves | 133 | €15,000 | €29,000 | +€14,000 | +93.3% |
| Profit (loss) carried forward | 14 | €47,630 | €49,899 | +€2,269 | +4.8% |
| Amounts payable | 17/49 | €54,873 | €83,967 | +€29,095 | +53.0% |
| Amounts payable within one year | 42/48 | €39,173 | €83,559 | +€44,387 | +113.3% |
| Trade debts | 44 | €14,778 | €19,859 | +€5,080 | +34.4% |
| Suppliers | 440/4 | €14,778 | €19,859 | +€5,080 | +34.4% |
| Taxes, remuneration and social security | 45 | €12,567 | €26,676 | +€14,109 | +112.3% |
| Taxes | 450/3 | €12,255 | €26,676 | +€14,420 | +117.7% |
| Remuneration and social security | 454/9 | €311 | - | -€311 | |
| Other amounts payable | 47/48 | €11,827 | €37,025 | +€25,198 | +213.0% |
| Accrued charges and deferred income | 492/3 | €15,700 | €408 | -€15,292 | -97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,659 | €11,373 | -€286 | -2.5% |
| Other operating charges | 640/8 | €1,026 | €1,080 | +€54 | +5.2% |
| Gross operating margin | 9900 | €35,560 | €48,288 | +€12,729 | +35.8% |
| Operating profit (loss) | 9901 | €22,874 | €35,835 | +€12,961 | +56.7% |
| Financial income | 75/76B | €1 | €380 | +€378 | +34097.3% |
| Recurring financial income | 75 | €1 | €380 | +€378 | +34097.3% |
| Financial charges | 65/66B | €67 | €140 | +€72 | +107.8% |
| Recurring financial charges | 65 | €67 | €140 | +€72 | +107.8% |
| Profit (loss) for the period before taxes | 9903 | €22,808 | €36,075 | +€13,267 | +58.2% |
| Income taxes | 67/77 | €6,960 | €4,806 | -€2,154 | -30.9% |
| Profit (loss) for the period | 9904 | €15,849 | €31,269 | +€15,420 | +97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,849 | €31,269 | +€15,420 | +97.3% |
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 28 September 2026 via checked.be.