ALroads: 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.
ALroads
Largest movements
- Cash +€549,406
up €549,406 (+4,482%), from €12,258 to €561,664
mainly Net result for the year (+€645,113) and Other debts (+€223,613)
- Receivables within one year +€16,097
up €16,097 (+60.9%), from €26,410 to €42,507
- Financial fixed assets -€14,000
down €14,000 (-38.9%), from €36,000 to €22,000
- Reserves +€325,113
up €325,113 (+323%), from €100,607 to €425,720
- Other debts +€223,613
up €223,613 (+4,514%), from €4,954 to €228,567
- Financial income +€576,860
new in 2025: €576,860
of which Non-recurring financial income: +€575,943
- Gross operating margin +€7,521
up €7,521 (+8.9%), from €84,309 to €91,829
- Taxes +€2,478
up €2,478 (+14.6%), from €16,957 to €19,434
- Depreciation -€1,145
down €1,145 (-27.6%), from €4,143 to €2,999
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 | €140,189 | €689,282 | +€549,093 | +392% |
| Fixed assets | 21/28 | €100,772 | €84,973 | -€15,799 | -15.7% |
| Tangible fixed assets | 22/27 | €64,772 | €62,973 | -€1,799 | -2.8% |
| Plant, machinery and equipment | 23 | - | €1,156 | +€1,156 | |
| Furniture and vehicles | 24 | €63,256 | €61,803 | -€1,453 | -2.3% |
| Other tangible fixed assets | 26 | €1,516 | €14 | -€1,501 | -99.1% |
| Financial fixed assets | 28 | €36,000 | €22,000 | -€14,000 | -38.9% |
| Current assets | 29/58 | €39,417 | €604,309 | +€564,892 | +1,433% |
| Amounts receivable within one year | 40/41 | €26,410 | €42,507 | +€16,097 | +60.9% |
| Trade receivables | 40 | €26,410 | €42,507 | +€16,097 | +60.9% |
| Cash at bank and in hand | 54/58 | €12,258 | €561,664 | +€549,406 | +4,482% |
| Deferred charges and accrued income | 490/1 | €749 | €139 | -€611 | -81.5% |
| Total equity and liabilities | 10/49 | €140,189 | €689,282 | +€549,093 | +392% |
| Equity | 10/15 | €119,207 | €444,320 | +€325,113 | +273% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,607 | €425,720 | +€325,113 | +323% |
| Distributable reserves | 133 | €100,607 | €425,720 | +€325,113 | +323% |
| Amounts payable | 17/49 | €20,982 | €244,962 | +€223,980 | +1,068% |
| Amounts payable within one year | 42/48 | €20,982 | €244,962 | +€223,980 | +1,068% |
| Current portion of amounts payable after more than one year | 42 | €7,365 | €7,000 | -€365 | -5.0% |
| Trade debts | 44 | €1,052 | €1,819 | +€767 | +72.9% |
| Suppliers | 440/4 | €1,052 | €1,819 | +€767 | +72.9% |
| Taxes, remuneration and social security | 45 | €7,611 | €7,576 | -€35 | -0.5% |
| Taxes | 450/3 | €7,611 | €7,576 | -€35 | -0.5% |
| Other amounts payable | 47/48 | €4,954 | €228,567 | +€223,613 | +4,514% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,143 | €2,999 | -€1,145 | -27.6% |
| Other operating charges | 640/8 | €432 | €400 | -€32 | -7.4% |
| Gross operating margin | 9900 | €84,309 | €91,829 | +€7,521 | +8.9% |
| Operating profit (loss) | 9901 | €79,734 | €88,431 | +€8,697 | +10.9% |
| Financial income | 75/76B | - | €576,860 | +€576,860 | |
| Recurring financial income | 75 | - | €917 | +€917 | |
| Non-recurring financial income | 76B | - | €575,943 | +€575,943 | |
| Financial charges | 65/66B | €1,012 | €743 | -€269 | -26.6% |
| Recurring financial charges | 65 | €1,012 | €743 | -€269 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €78,722 | €664,547 | +€585,826 | +744% |
| Income taxes | 67/77 | €16,957 | €19,434 | +€2,478 | +14.6% |
| Profit (loss) for the period | 9904 | €61,765 | €645,113 | +€583,348 | +944% |
| Profit (loss) for the period to be appropriated | 9905 | €61,765 | €645,113 | +€583,348 | +944% |
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 19 October 2026 via checked.be.