ALO: 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.
ALO
Largest movements
- Stocks and contracts +€19,865
up €19,865 (+125.8%), from €15,789 to €35,654
- Cash -€12,429
down €12,429 (-33.4%), from €37,212 to €24,783
mainly Stocks and contracts (-€19,865) and Other debts (-€10,760)
- Tangible fixed assets +€982
up €982 (+40.0%), from €2,452 to €3,434
- Deferred charges and accrued income -€868
no longer reported in 2024 (was €868)
- Profit (loss) carried forward +€25,965
up €25,965, from -€203 to €25,762
- Other debts -€10,760
down €10,760 (-28.9%), from €37,234 to €26,474
- Trade debts -€6,150
no longer reported in 2024 (was €6,150)
- Current portion of long-term debt -€1,278
no longer reported in 2024 (was €1,278)
- Tax, wage and social debts -€731
down €731 (-7.5%), from €9,698 to €8,967
- Gross operating margin +€24,178
up €24,178 (+200.1%), from €12,084 to €36,261
- Taxes +€6,655
up €6,655 (+624.1%), from €1,066 to €7,721
- Write-downs -€546
no longer reported in 2024 (was €546)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,156 | €71,203 | +€7,047 | +11.0% |
| Fixed assets | 21/28 | €2,452 | €3,434 | +€982 | +40.0% |
| Tangible fixed assets | 22/27 | €2,452 | €3,434 | +€982 | +40.0% |
| Plant, machinery and equipment | 23 | €2,452 | €3,434 | +€982 | +40.0% |
| Current assets | 29/58 | €61,704 | €67,769 | +€6,065 | +9.8% |
| Stocks and contracts in progress | 3 | €15,789 | €35,654 | +€19,865 | +125.8% |
| Stocks | 30/36 | €15,789 | €35,654 | +€19,865 | +125.8% |
| Amounts receivable within one year | 40/41 | €7,835 | €7,332 | -€503 | -6.4% |
| Trade receivables | 40 | €4,220 | €6,846 | +€2,626 | +62.2% |
| Other amounts receivable | 41 | €3,615 | €486 | -€3,130 | -86.6% |
| Cash at bank and in hand | 54/58 | €37,212 | €24,783 | -€12,429 | -33.4% |
| Deferred charges and accrued income | 490/1 | €868 | - | -€868 | |
| Total equity and liabilities | 10/49 | €64,156 | €71,203 | +€7,047 | +11.0% |
| Equity | 10/15 | €9,797 | €35,762 | +€25,965 | +265.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203 | €25,762 | +€25,965 | |
| Amounts payable | 17/49 | €54,359 | €35,441 | -€18,918 | -34.8% |
| Amounts payable within one year | 42/48 | €54,359 | €35,441 | -€18,918 | -34.8% |
| Current portion of amounts payable after more than one year | 42 | €1,278 | - | -€1,278 | |
| Trade debts | 44 | €6,150 | - | -€6,150 | |
| Suppliers | 440/4 | €6,150 | - | -€6,150 | |
| Taxes, remuneration and social security | 45 | €9,698 | €8,967 | -€731 | -7.5% |
| Taxes | 450/3 | €9,698 | €8,967 | -€731 | -7.5% |
| Other amounts payable | 47/48 | €37,234 | €26,474 | -€10,760 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226 | €581 | +€355 | +157.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €546 | - | -€546 | |
| Other operating charges | 640/8 | €581 | €513 | -€68 | -11.7% |
| Gross operating margin | 9900 | €12,084 | €36,261 | +€24,178 | +200.1% |
| Operating profit (loss) | 9901 | €10,730 | €35,167 | +€24,437 | +227.7% |
| Financial income | 75/76B | €318 | €5 | -€313 | -98.4% |
| Recurring financial income | 75 | €318 | €5 | -€313 | -98.4% |
| Financial charges | 65/66B | €1,499 | €1,485 | -€14 | -0.9% |
| Recurring financial charges | 65 | €1,499 | €1,485 | -€14 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €9,549 | €33,687 | +€24,137 | +252.8% |
| Income taxes | 67/77 | €1,066 | €7,721 | +€6,655 | +624.1% |
| Profit (loss) for the period | 9904 | €8,483 | €25,965 | +€17,483 | +206.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,483 | €25,965 | +€17,483 | +206.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.