ALOUCHA: 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.
What changed
ALOUCHA
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€212,272
2024 · -€220,606+€8,333
Equity
€158,694
2024 · €370,966-€212,272
Cash
€8,891
2024 · €3,810+€5,080
Balance sheet total
€4.9m
2024 · €5.2m-€229,720
Largest movements
Assets
- Tangible fixed assets -€254,648
down €254,648 (-5.6%), from €4.6m to €4.3m
of which Land and buildings: -€248,302
Equity and liabilities
- Profit (loss) carried forward -€188,068
down €188,068 (-36.7%), from -€511,834 to -€699,902
Income statement
- Gross operating margin +€4,542
up €4,542 (+10.1%), from €44,955 to €49,497
- Staff costs -€1,351
down €1,351 (-18.5%), from €7,298 to €5,947
- Depreciation +€1,337
up €1,337 (+0.5%), from €259,465 to €260,802
- Financial charges -€509
down €509 (-48.2%), from €1,056 to €547
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.
Result 2024
-€220,606
Gross operating margin
+€4,542
Staff costs
+€1,351
Depreciation
-€1,337
Other operating charges
-€265
Other operating items
+€3,281
Financial charges
+€509
Taxes
+€253
Result 2025
-€212,272
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€11,234
Investment
-€6,154
Financing
€0
Cash 2024
€3,810
From operations (derived)
+€11,234
Net result for the year
-€212,272
Depreciation
+€260,802
Receivables within one year
-€13,343
Deferred charges and accrued income
-€6,505
Provisions
-€8,068
Trade debts
-€23,122
Tax, wage and social debts
-€704
Other debts
+€16,949
Accrued charges and deferred income
-€2,502
Investment (derived)
-€6,154
Investment in fixed assets (net)
-€6,154
Cash 2025
€8,891
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,152,243 | €4,922,524 | -€229,720 | -4.5% |
| Fixed assets | 21/28 | €4,570,416 | €4,315,767 | -€254,648 | -5.6% |
| Tangible fixed assets | 22/27 | €4,569,766 | €4,315,117 | -€254,648 | -5.6% |
| Land and buildings | 22 | €4,521,405 | €4,273,103 | -€248,302 | -5.5% |
| Plant, machinery and equipment | 23 | €25,500 | €19,153 | -€6,346 | -24.9% |
| Other tangible fixed assets | 26 | €22,861 | €22,861 | = | 0.0% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €581,828 | €606,756 | +€24,929 | +4.3% |
| Amounts receivable within one year | 40/41 | €555,817 | €569,160 | +€13,343 | +2.4% |
| Trade receivables | 40 | €56,493 | €72,078 | +€15,585 | +27.6% |
| Other amounts receivable | 41 | €499,324 | €497,082 | -€2,241 | -0.4% |
| Cash at bank and in hand | 54/58 | €3,810 | €8,891 | +€5,080 | +133% |
| Deferred charges and accrued income | 490/1 | €22,201 | €28,706 | +€6,505 | +29.3% |
| Total equity and liabilities | 10/49 | €5,152,243 | €4,922,524 | -€229,720 | -4.5% |
| Equity | 10/15 | €370,966 | €158,694 | -€212,272 | -57.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €482,800 | €458,596 | -€24,205 | -5.0% |
| Non-distributable reserves | 130/1 | €6,600 | €6,600 | = | 0.0% |
| Legal reserve | 130 | €6,600 | €6,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €405,203 | €380,998 | -€24,205 | -6.0% |
| Distributable reserves | 133 | €70,998 | €70,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€511,834 | -€699,902 | -€188,068 | -36.7% |
| Provisions and deferred taxes | 16 | €135,068 | €126,999 | -€8,068 | -6.0% |
| Deferred taxes | 168 | €135,068 | €126,999 | -€8,068 | -6.0% |
| Amounts payable | 17/49 | €4,646,210 | €4,636,831 | -€9,379 | -0.2% |
| Amounts payable within one year | 42/48 | €4,641,742 | €4,634,865 | -€6,878 | -0.1% |
| Trade debts | 44 | €159,549 | €136,427 | -€23,122 | -14.5% |
| Suppliers | 440/4 | €159,549 | €136,427 | -€23,122 | -14.5% |
| Taxes, remuneration and social security | 45 | €842 | €138 | -€704 | -83.7% |
| Taxes | 450/3 | €0 | €138 | +€138 | |
| Remuneration and social security | 454/9 | €842 | €0 | -€842 | -100% |
| Other amounts payable | 47/48 | €4,481,351 | €4,498,300 | +€16,949 | +0.4% |
| Accrued charges and deferred income | 492/3 | €4,468 | €1,966 | -€2,502 | -56.0% |
| Remuneration, social security and pensions | 62 | €7,298 | €5,947 | -€1,351 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,465 | €260,802 | +€1,337 | +0.5% |
| Other operating charges | 640/8 | €9,777 | €10,042 | +€265 | +2.7% |
| Non-recurring operating charges | 66A | €3,281 | €0 | -€3,281 | -100% |
| Gross operating margin | 9900 | €44,955 | €49,497 | +€4,542 | +10.1% |
| Operating profit (loss) | 9901 | -€234,866 | -€227,294 | +€7,572 | +3.2% |
| Financial income | 75/76B | €7,500 | €7,500 | = | 0.0% |
| Recurring financial income | 75 | €7,500 | €7,500 | = | 0.0% |
| Financial charges | 65/66B | €1,056 | €547 | -€509 | -48.2% |
| Recurring financial charges | 65 | €1,056 | €547 | -€509 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | -€228,422 | -€220,341 | +€8,081 | +3.5% |
| Transfer from deferred taxes | 780 | €8,068 | €8,068 | = | 0.0% |
| Income taxes | 67/77 | €253 | €0 | -€253 | -100% |
| Profit (loss) for the period | 9904 | -€220,606 | -€212,272 | +€8,333 | +3.8% |
| Transfer from tax-exempt reserves | 789 | €24,205 | €24,205 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€196,401 | -€188,068 | +€8,333 | +4.2% |
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 27 October 2026 via checked.be.