ALNUT: 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.
ALNUT
Largest movements
- Financial fixed assets +€1.3m
new in 2025: €1.3m
- Receivables within one year +€399,131
up €399,131 (+7,901%), from €5,052 to €404,182
of which Other amounts receivable: +€255,056
- Deferred charges and accrued income -€65,239
down €65,239 (-100%), from €65,239 to €0
- Cash -€52,519
down €52,519 (-45.3%), from €115,834 to €63,315
mainly Investment in fixed assets (net) (-€1.3m) and Receivables within one year (-€399,131)
- Debts after one year +€650,747
up €650,747 (+465%), from €140,000 to €790,747
- Other debts +€635,565
up €635,565 (+2,953%), from €21,519 to €657,084
- Reserves +€182,003
up €182,003 (+931%), from €19,544 to €201,547
- Current portion of long-term debt +€107,868
new in 2025: €107,868
- Financial income +€239,909
up €239,909 (+232,560%), from €103 to €240,012
- Gross operating margin -€51,630
down €51,630, from €25,991 to -€25,639
- Financial charges +€30,748
up €30,748 (+81,130%), from €38 to €30,786
- Taxes -€5,894
down €5,894 (-94.3%), from €6,247 to €353
- Depreciation +€669
up €669 (+311%), from €215 to €884
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 | €190,330 | €1,768,002 | +€1.6m | +829% |
| Fixed assets | 21/28 | €4,206 | €1,300,506 | +€1.3m | +30,823% |
| Tangible fixed assets | 22/27 | €4,206 | €3,322 | -€884 | -21.0% |
| Plant, machinery and equipment | 23 | €4,206 | €3,322 | -€884 | -21.0% |
| Financial fixed assets | 28 | - | €1,297,184 | +€1.3m | |
| Current assets | 29/58 | €186,124 | €467,497 | +€281,372 | +151% |
| Amounts receivable within one year | 40/41 | €5,052 | €404,182 | +€399,131 | +7,901% |
| Trade receivables | 40 | - | €144,075 | +€144,075 | |
| Other amounts receivable | 41 | €5,052 | €260,107 | +€255,056 | +5,049% |
| Cash at bank and in hand | 54/58 | €115,834 | €63,315 | -€52,519 | -45.3% |
| Deferred charges and accrued income | 490/1 | €65,239 | €0 | -€65,239 | -100% |
| Total equity and liabilities | 10/49 | €190,330 | €1,768,002 | +€1.6m | +829% |
| Equity | 10/15 | €22,544 | €204,547 | +€182,003 | +807% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,544 | €201,547 | +€182,003 | +931% |
| Distributable reserves | 133 | €19,544 | €201,547 | +€182,003 | +931% |
| Amounts payable | 17/49 | €167,786 | €1,563,455 | +€1.4m | +832% |
| Amounts payable after more than one year | 17 | €140,000 | €790,747 | +€650,747 | +465% |
| Financial debts | 170/4 | €140,000 | €790,747 | +€650,747 | +465% |
| Amounts payable within one year | 42/48 | €27,786 | €772,709 | +€744,923 | +2,681% |
| Current portion of amounts payable after more than one year | 42 | - | €107,868 | +€107,868 | |
| Trade debts | 44 | €6,267 | €6,924 | +€657 | +10.5% |
| Suppliers | 440/4 | €6,267 | €6,924 | +€657 | +10.5% |
| Taxes, remuneration and social security | 45 | - | €832 | +€832 | |
| Taxes | 450/3 | - | €832 | +€832 | |
| Other amounts payable | 47/48 | €21,519 | €657,084 | +€635,565 | +2,953% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €884 | +€669 | +311% |
| Other operating charges | 640/8 | €50 | €347 | +€297 | +594% |
| Gross operating margin | 9900 | €25,991 | -€25,639 | -€51,630 | |
| Operating profit (loss) | 9901 | €25,726 | -€26,870 | -€52,596 | |
| Financial income | 75/76B | €103 | €240,012 | +€239,909 | +232,560% |
| Recurring financial income | 75 | €103 | €240,012 | +€239,909 | +232,560% |
| Financial charges | 65/66B | €38 | €30,786 | +€30,748 | +81,130% |
| Recurring financial charges | 65 | €38 | €30,786 | +€30,748 | +81,130% |
| Profit (loss) for the period before taxes | 9903 | €25,791 | €182,356 | +€156,565 | +607% |
| Income taxes | 67/77 | €6,247 | €353 | -€5,894 | -94.3% |
| Profit (loss) for the period | 9904 | €19,544 | €182,003 | +€162,459 | +831% |
| Profit (loss) for the period to be appropriated | 9905 | €19,544 | €182,003 | +€162,459 | +831% |
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.