ALS: what changed
Two fiscal 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.
ALS
Largest movements
- Cash +€22,357
up €22,357 (+29.3%), from €76,276 to €98,633
mainly Net result for the year (+€18,125) and Other debts (+€3,597)
- Tangible fixed assets -€3,524
down €3,524 (-61.7%), from €5,711 to €2,187
- Profit (loss) carried forward +€18,125
up €18,125 (+30.5%), from €59,337 to €77,462
- Other debts +€3,597
up €3,597 (+56.4%), from €6,378 to €9,975
- Tax, wage and social debts -€2,158
down €2,158 (-10.9%), from €19,843 to €17,685
of which Taxes: -€8,469
- Trade debts -€1,128
down €1,128 (-61.2%), from €1,842 to €714
- Gross operating margin +€8,354
up €8,354 (+42.4%), from €19,722 to €28,076
- Taxes +€1,595
up €1,595 (+41.9%), from €3,808 to €5,403
- Other operating charges -€393
down €393 (-31.1%), from €1,265 to €872
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.
Cash bridge derived
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 | €88,900 | €107,336 | +€18,436 | +20.7% |
| Fixed assets | 21/28 | €5,711 | €2,187 | -€3,524 | -61.7% |
| Tangible fixed assets | 22/27 | €5,711 | €2,187 | -€3,524 | -61.7% |
| Furniture and vehicles | 24 | €5,711 | €2,187 | -€3,524 | -61.7% |
| Current assets | 29/58 | €83,189 | €105,149 | +€21,960 | +26.4% |
| Amounts receivable within one year | 40/41 | €6,913 | €6,516 | -€397 | -5.7% |
| Trade receivables | 40 | €6,913 | €6,516 | -€397 | -5.7% |
| Cash at bank and in hand | 54/58 | €76,276 | €98,633 | +€22,357 | +29.3% |
| Total equity and liabilities | 10/49 | €88,900 | €107,336 | +€18,436 | +20.7% |
| Equity | 10/15 | €60,837 | €78,962 | +€18,125 | +29.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,337 | €77,462 | +€18,125 | +30.5% |
| Amounts payable | 17/49 | €28,063 | €28,374 | +€311 | +1.1% |
| Amounts payable within one year | 42/48 | €28,063 | €28,374 | +€311 | +1.1% |
| Trade debts | 44 | €1,842 | €714 | -€1,128 | -61.2% |
| Suppliers | 440/4 | €1,842 | €714 | -€1,128 | -61.2% |
| Taxes, remuneration and social security | 45 | €19,843 | €17,685 | -€2,158 | -10.9% |
| Taxes | 450/3 | €19,843 | €11,374 | -€8,469 | -42.7% |
| Remuneration and social security | 454/9 | - | €6,311 | +€6,311 | |
| Other amounts payable | 47/48 | €6,378 | €9,975 | +€3,597 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,472 | €3,524 | +€52 | +1.5% |
| Other operating charges | 640/8 | €1,265 | €872 | -€393 | -31.1% |
| Gross operating margin | 9900 | €19,722 | €28,076 | +€8,354 | +42.4% |
| Operating profit (loss) | 9901 | €14,985 | €23,680 | +€8,695 | +58.0% |
| Financial charges | 65/66B | €115 | €152 | +€37 | +32.2% |
| Recurring financial charges | 65 | €115 | €152 | +€37 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €14,870 | €23,528 | +€8,658 | +58.2% |
| Income taxes | 67/77 | €3,808 | €5,403 | +€1,595 | +41.9% |
| Profit (loss) for the period | 9904 | €11,062 | €18,125 | +€7,063 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,062 | €18,125 | +€7,063 | +63.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.