Alouette Management: 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.
Alouette Management
Largest movements
- Cash +€79,697
up €79,697 (+240%), from €33,165 to €112,862
mainly Net result for the year (+€55,948) and Receivables within one year (+€15,529)
- Receivables within one year -€15,529
down €15,529 (-80.1%), from €19,378 to €3,849
of which Other amounts receivable: -€9,719
- Tangible fixed assets -€10,795
down €10,795 (-22.9%), from €47,091 to €36,296
- Reserves +€55,948
up €55,948 (+118%), from €47,479 to €103,427
- Other debts -€2,430
down €2,430 (-2.5%), from €95,385 to €92,954
- Gross operating margin +€29,399
up €29,399 (+40.0%), from €73,455 to €102,854
- Taxes +€10,282
up €10,282 (+54.8%), from €18,748 to €29,030
- Depreciation +€6,443
up €6,443 (+115%), from €5,602 to €12,045
- Financial charges +€3,920
up €3,920 (+2,861%), from €137 to €4,057
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 | €166,262 | €219,864 | +€53,602 | +32.2% |
| Fixed assets | 21/28 | €112,091 | €101,296 | -€10,795 | -9.6% |
| Tangible fixed assets | 22/27 | €47,091 | €36,296 | -€10,795 | -22.9% |
| Furniture and vehicles | 24 | €47,091 | €36,296 | -€10,795 | -22.9% |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €54,171 | €118,569 | +€64,398 | +119% |
| Amounts receivable within one year | 40/41 | €19,378 | €3,849 | -€15,529 | -80.1% |
| Trade receivables | 40 | €9,310 | €3,500 | -€5,810 | -62.4% |
| Other amounts receivable | 41 | €10,068 | €349 | -€9,719 | -96.5% |
| Cash at bank and in hand | 54/58 | €33,165 | €112,862 | +€79,697 | +240% |
| Deferred charges and accrued income | 490/1 | €1,628 | €1,858 | +€230 | +14.1% |
| Total equity and liabilities | 10/49 | €166,262 | €219,864 | +€53,602 | +32.2% |
| Equity | 10/15 | €50,479 | €106,427 | +€55,948 | +111% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,479 | €103,427 | +€55,948 | +118% |
| Distributable reserves | 133 | €47,479 | €103,427 | +€55,948 | +118% |
| Amounts payable | 17/49 | €115,783 | €113,437 | -€2,346 | -2.0% |
| Amounts payable within one year | 42/48 | €115,783 | €113,287 | -€2,496 | -2.2% |
| Trade debts | 44 | - | €85 | +€85 | |
| Suppliers | 440/4 | - | €85 | +€85 | |
| Taxes, remuneration and social security | 45 | €20,398 | €20,247 | -€151 | -0.7% |
| Taxes | 450/3 | €18,910 | €20,247 | +€1,338 | +7.1% |
| Remuneration and social security | 454/9 | €1,488 | - | -€1,488 | |
| Other amounts payable | 47/48 | €95,385 | €92,954 | -€2,430 | -2.5% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,602 | €12,045 | +€6,443 | +115% |
| Other operating charges | 640/8 | €1,489 | €1,774 | +€285 | +19.1% |
| Gross operating margin | 9900 | €73,455 | €102,854 | +€29,399 | +40.0% |
| Operating profit (loss) | 9901 | €66,364 | €89,035 | +€22,670 | +34.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €137 | €4,057 | +€3,920 | +2,861% |
| Recurring financial charges | 65 | €137 | €4,057 | +€3,920 | +2,861% |
| Profit (loss) for the period before taxes | 9903 | €66,227 | €84,978 | +€18,751 | +28.3% |
| Income taxes | 67/77 | €18,748 | €29,030 | +€10,282 | +54.8% |
| Profit (loss) for the period | 9904 | €47,479 | €55,948 | +€8,469 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,479 | €55,948 | +€8,469 | +17.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.