ALNET.BE: 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.
ALNET.BE
Largest movements
- Cash -€3.1m
down €3.1m (-91.0%), from €3.5m to €311,646
mainly Other debts (-€6.8m) and Receivables within one year (-€438,086)
- Other debts -€6.8m
down €6.8m (-3.6%), from €186.8m to €180.0m
- Reserves +€4.1m
up €4.1m (+19.9%), from €20.6m to €24.7m
of which Distributable reserves: +€3.9m
- Financial charges -€160,673
down €160,673 (-99.7%), from €161,148 to €475
of which Non-recurring financial charges: -€160,746
- Financial income -€38,835
down €38,835 (-0.9%), from €4.2m to €4.2m
of which Non-recurring financial income: -€40,186
- Gross operating margin +€8,839
up €8,839 (+19.0%), from -€46,503 to -€37,664
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 | €230,468,913 | €227,765,538 | -€2.7m | -1.2% |
| Fixed assets | 21/28 | €210,483,025 | €210,483,025 | = | 0.0% |
| Financial fixed assets | 28 | €210,483,025 | €210,483,025 | = | 0.0% |
| Current assets | 29/58 | €19,985,888 | €17,282,513 | -€2.7m | -13.5% |
| Amounts receivable within one year | 40/41 | €16,532,781 | €16,970,867 | +€438,086 | +2.6% |
| Trade receivables | 40 | €12,100 | €6,050 | -€6,050 | -50.0% |
| Other amounts receivable | 41 | €16,520,681 | €16,964,817 | +€444,136 | +2.7% |
| Cash at bank and in hand | 54/58 | €3,453,107 | €311,646 | -€3.1m | -91.0% |
| Total equity and liabilities | 10/49 | €230,468,913 | €227,765,538 | -€2.7m | -1.2% |
| Equity | 10/15 | €43,637,763 | €47,729,303 | +€4.1m | +9.4% |
| Contributions | 10/11 | €23,061,477 | €23,061,477 | = | 0.0% |
| Capital | 10 | €23,061,477 | €23,061,477 | = | 0.0% |
| Issued capital | 100 | €23,061,477 | €23,061,477 | = | 0.0% |
| Reserves | 13 | €20,576,286 | €24,667,825 | +€4.1m | +19.9% |
| Non-distributable reserves | 130/1 | €1,360,401 | €1,568,550 | +€208,148 | +15.3% |
| Legal reserve | 130 | €1,360,401 | €1,568,550 | +€208,148 | +15.3% |
| Distributable reserves | 133 | €19,215,885 | €23,099,276 | +€3.9m | +20.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €186,831,150 | €180,036,235 | -€6.8m | -3.6% |
| Amounts payable within one year | 42/48 | €186,831,150 | €180,036,235 | -€6.8m | -3.6% |
| Trade debts | 44 | €55 | €2,875 | +€2,820 | +5,132% |
| Suppliers | 440/4 | €55 | €2,875 | +€2,820 | +5,132% |
| Taxes, remuneration and social security | 45 | €5,348 | €6,917 | +€1,569 | +29.3% |
| Taxes | 450/3 | €3,107 | €3,127 | +€20 | +0.6% |
| Remuneration and social security | 454/9 | €2,241 | €3,790 | +€1,550 | +69.2% |
| Other amounts payable | 47/48 | €186,825,747 | €180,026,443 | -€6.8m | -3.6% |
| Gross operating margin | 9900 | -€46,503 | -€37,664 | +€8,839 | +19.0% |
| Operating profit (loss) | 9901 | -€46,503 | -€37,664 | +€8,839 | +19.0% |
| Financial income | 75/76B | €4,239,942 | €4,201,107 | -€38,835 | -0.9% |
| Recurring financial income | 75 | €4,199,756 | €4,201,107 | +€1,352 | 0.0% |
| Non-recurring financial income | 76B | €40,186 | €0 | -€40,186 | -100% |
| Financial charges | 65/66B | €161,148 | €475 | -€160,673 | -99.7% |
| Recurring financial charges | 65 | €402 | €475 | +€73 | +18.0% |
| Non-recurring financial charges | 66B | €160,746 | €0 | -€160,746 | -100% |
| Profit (loss) for the period before taxes | 9903 | €4,032,291 | €4,162,968 | +€130,677 | +3.2% |
| Income taxes | 67/77 | €27 | €0 | -€27 | -99.7% |
| Profit (loss) for the period | 9904 | €4,032,264 | €4,162,968 | +€130,704 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,032,264 | €4,162,968 | +€130,704 | +3.2% |
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.