ALONSO CASADO: 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.
ALONSO CASADO
Largest movements
- Receivables within one year +€43,042
up €43,042 (+331%), from €13,000 to €56,042
of which Trade receivables: +€43,138
- Cash +€7,005
up €7,005 (+16.9%), from €41,526 to €48,531
mainly Provisions (+€53,881) and Depreciation (+€10,559)
- Tangible fixed assets -€5,500
down €5,500 (-32.6%), from €16,861 to €11,361
- Intangible fixed assets -€5,058
down €5,058 (-11.1%), from €45,532 to €40,474
- Reserves +€84,303
new in 2025: €84,303
- Profit (loss) carried forward -€78,504
no longer reported in 2025 (was €78,504)
- Provisions +€53,881
new in 2025: €53,881
- Other debts -€15,794
no longer reported in 2025 (was €15,794)
- Tax, wage and social debts -€4,217
down €4,217 (-21.4%), from €19,734 to €15,517
- Provisions +€53,881
new in 2025: €53,881
- Taxes +€30,037
up €30,037 (+736%), from €4,080 to €34,117
- Gross operating margin +€10,246
up €10,246 (+10.8%), from €95,290 to €105,536
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 | €116,919 | €156,407 | +€39,488 | +33.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €62,393 | €51,834 | -€10,559 | -16.9% |
| Intangible fixed assets | 21 | €45,532 | €40,474 | -€5,058 | -11.1% |
| Tangible fixed assets | 22/27 | €16,861 | €11,361 | -€5,500 | -32.6% |
| Furniture and vehicles | 24 | €16,861 | €11,361 | -€5,500 | -32.6% |
| Current assets | 29/58 | €54,526 | €104,573 | +€50,047 | +91.8% |
| Amounts receivable within one year | 40/41 | €13,000 | €56,042 | +€43,042 | +331% |
| Trade receivables | 40 | - | €43,138 | +€43,138 | |
| Other amounts receivable | 41 | €13,000 | €12,904 | -€96 | -0.7% |
| Cash at bank and in hand | 54/58 | €41,526 | €48,531 | +€7,005 | +16.9% |
| Total equity and liabilities | 10/49 | €116,919 | €156,407 | +€39,488 | +33.8% |
| Equity | 10/15 | €81,004 | €86,803 | +€5,799 | +7.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €84,303 | +€84,303 | |
| Distributable reserves | 133 | - | €84,303 | +€84,303 | |
| Profit (loss) carried forward | 14 | €78,504 | - | -€78,504 | |
| Provisions and deferred taxes | 16 | - | €53,881 | +€53,881 | |
| Provisions for liabilities and charges | 160/5 | - | €53,881 | +€53,881 | |
| Other liabilities and charges | 164/5 | - | €53,881 | +€53,881 | |
| Amounts payable | 17/49 | €35,915 | €15,723 | -€20,192 | -56.2% |
| Amounts payable within one year | 42/48 | €35,915 | €15,723 | -€20,192 | -56.2% |
| Trade debts | 44 | €387 | €206 | -€181 | -46.9% |
| Suppliers | 440/4 | €387 | €206 | -€181 | -46.9% |
| Taxes, remuneration and social security | 45 | €19,734 | €15,517 | -€4,217 | -21.4% |
| Taxes | 450/3 | €19,734 | €15,517 | -€4,217 | -21.4% |
| Other amounts payable | 47/48 | €15,794 | - | -€15,794 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,599 | €10,559 | -€1,040 | -9.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €53,881 | +€53,881 | |
| Other operating charges | 640/8 | €1,036 | €963 | -€73 | -7.1% |
| Gross operating margin | 9900 | €95,290 | €105,536 | +€10,246 | +10.8% |
| Operating profit (loss) | 9901 | €82,655 | €40,133 | -€42,522 | -51.4% |
| Financial charges | 65/66B | €71 | €218 | +€147 | +207% |
| Recurring financial charges | 65 | €71 | €218 | +€147 | +207% |
| Profit (loss) for the period before taxes | 9903 | €82,584 | €39,915 | -€42,669 | -51.7% |
| Income taxes | 67/77 | €4,080 | €34,117 | +€30,037 | +736% |
| Profit (loss) for the period | 9904 | €78,504 | €5,798 | -€72,706 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €78,504 | €5,798 | -€72,706 | -92.6% |
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 30 October 2026 via checked.be.