ALOVET: 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.
ALOVET
Largest movements
- Cash +€33,440
up €33,440 (+112%), from €29,824 to €63,265
mainly Net result for the year (+€37,557) and Tax, wage and social debts (+€10,836)
- Tangible fixed assets -€6,475
down €6,475 (-22.9%), from €28,307 to €21,832
- Receivables within one year +€6,040
up €6,040 (+83.6%), from €7,224 to €13,264
of which Trade receivables: +€3,874
- Current investments +€4,500
new in 2025: €4,500
- Reserves +€37,557
up €37,557 (+95.8%), from €39,196 to €76,753
- Tax, wage and social debts +€10,836
up €10,836 (+78.7%), from €13,768 to €24,604
of which Taxes: +€10,836
- Other debts -€9,668
no longer reported in 2025 (was €9,668)
- Depreciation +€2,406
up €2,406 (+59.1%), from €4,069 to €6,475
- Other operating charges +€1,250
new in 2025: €1,250
- Gross operating margin +€1,071
up €1,071 (+2.0%), from €54,340 to €55,411
- Taxes -€857
down €857 (-7.8%), from €11,047 to €10,191
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 | €67,152 | €105,357 | +€38,206 | +56.9% |
| Fixed assets | 21/28 | €28,307 | €21,832 | -€6,475 | -22.9% |
| Tangible fixed assets | 22/27 | €28,307 | €21,832 | -€6,475 | -22.9% |
| Furniture and vehicles | 24 | €28,307 | €21,832 | -€6,475 | -22.9% |
| Current assets | 29/58 | €38,844 | €83,525 | +€44,681 | +115% |
| Amounts receivable after more than one year | 29 | €113 | - | -€113 | |
| Trade receivables | 290 | €113 | - | -€113 | |
| Amounts receivable within one year | 40/41 | €7,224 | €13,264 | +€6,040 | +83.6% |
| Trade receivables | 40 | €7,219 | €11,093 | +€3,874 | +53.7% |
| Other amounts receivable | 41 | €5 | €2,170 | +€2,165 | +44,554% |
| Current investments | 50/53 | - | €4,500 | +€4,500 | |
| Cash at bank and in hand | 54/58 | €29,824 | €63,265 | +€33,440 | +112% |
| Deferred charges and accrued income | 490/1 | €1,683 | €2,497 | +€814 | +48.4% |
| Total equity and liabilities | 10/49 | €67,152 | €105,357 | +€38,206 | +56.9% |
| Equity | 10/15 | €43,196 | €80,753 | +€37,557 | +86.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €39,196 | €76,753 | +€37,557 | +95.8% |
| Distributable reserves | 133 | €39,196 | €76,753 | +€37,557 | +95.8% |
| Amounts payable | 17/49 | €23,956 | €24,604 | +€648 | +2.7% |
| Amounts payable within one year | 42/48 | €23,436 | €24,604 | +€1,168 | +5.0% |
| Taxes, remuneration and social security | 45 | €13,768 | €24,604 | +€10,836 | +78.7% |
| Taxes | 450/3 | €11,968 | €22,804 | +€10,836 | +90.5% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €9,668 | - | -€9,668 | |
| Accrued charges and deferred income | 492/3 | €520 | - | -€520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,069 | €6,475 | +€2,406 | +59.1% |
| Other operating charges | 640/8 | - | €1,250 | +€1,250 | |
| Gross operating margin | 9900 | €54,340 | €55,411 | +€1,071 | +2.0% |
| Operating profit (loss) | 9901 | €50,271 | €47,686 | -€2,585 | -5.1% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €28 | €38 | +€10 | +37.7% |
| Recurring financial charges | 65 | €28 | €38 | +€10 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | €50,243 | €47,748 | -€2,495 | -5.0% |
| Income taxes | 67/77 | €11,047 | €10,191 | -€857 | -7.8% |
| Profit (loss) for the period | 9904 | €39,196 | €37,557 | -€1,638 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,196 | €37,557 | -€1,638 | -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 23 October 2026 via checked.be.