ALS & Co: 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.
ALS & Co
Largest movements
- Receivables within one year -€711,222
down €711,222 (-68.6%), from €1.0m to €326,253
of which Trade receivables: -€705,084
- Stocks and contracts +€500,517
up €500,517 (+1386.0%), from €36,113 to €536,631
- Cash -€114,745
down €114,745 (-63.0%), from €182,094 to €67,349
mainly Stocks and contracts (-€500,517) and Trade debts (-€271,220)
- Tangible fixed assets +€56,806
up €56,806 (+4.1%), from €1.4m to €1.4m
of which Furniture and vehicles: +€106,455
- Trade debts -€271,220
down €271,220 (-55.7%), from €487,228 to €216,008
- Advances received -€265,880
no longer reported in 2024 (was €265,880)
- Current portion of long-term debt +€214,839
up €214,839 (+136.3%), from €157,624 to €372,463
- Reserves +€91,479
up €91,479 (+46.8%), from €195,533 to €287,012
of which Distributable reserves: +€91,479
- Profit (loss) carried forward -€73,522
no longer reported in 2024 (was €73,522)
- Gross operating margin -€105,563
down €105,563 (-29.9%), from €352,887 to €247,325
- Depreciation -€29,552
down €29,552 (-14.2%), from €207,482 to €177,929
- Write-downs -€12,190
no longer reported in 2024 (was €12,190)
- Taxes -€8,578
down €8,578 (-77.2%), from €11,113 to €2,535
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,626,114 | €2,356,937 | -€269,178 | -10.3% |
| Fixed assets | 21/28 | €1,369,595 | €1,426,400 | +€56,806 | +4.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,369,236 | €1,426,042 | +€56,806 | +4.1% |
| Land and buildings | 22 | €950,734 | €888,569 | -€62,165 | -6.5% |
| Plant, machinery and equipment | 23 | €289,630 | €302,146 | +€12,516 | +4.3% |
| Furniture and vehicles | 24 | €128,873 | €235,327 | +€106,455 | +82.6% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €1,256,519 | €930,536 | -€325,983 | -25.9% |
| Stocks and contracts in progress | 3 | €36,113 | €536,631 | +€500,517 | +1386.0% |
| Stocks | 30/36 | €36,113 | €536,631 | +€500,517 | +1386.0% |
| Amounts receivable within one year | 40/41 | €1,037,475 | €326,253 | -€711,222 | -68.6% |
| Trade receivables | 40 | €1,023,265 | €318,181 | -€705,084 | -68.9% |
| Other amounts receivable | 41 | €14,210 | €8,072 | -€6,138 | -43.2% |
| Cash at bank and in hand | 54/58 | €182,094 | €67,349 | -€114,745 | -63.0% |
| Deferred charges and accrued income | 490/1 | €838 | €304 | -€534 | -63.7% |
| Total equity and liabilities | 10/49 | €2,626,114 | €2,356,937 | -€269,178 | -10.3% |
| Equity | 10/15 | €339,055 | €357,012 | +€17,957 | +5.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €195,533 | €287,012 | +€91,479 | +46.8% |
| Non-distributable reserves | 130/1 | €499 | €499 | = | 0.0% |
| Reserves not available under the articles | 1311 | €499 | €499 | = | 0.0% |
| Distributable reserves | 133 | €195,035 | €286,514 | +€91,479 | +46.9% |
| Profit (loss) carried forward | 14 | €73,522 | - | -€73,522 | |
| Amounts payable | 17/49 | €2,287,059 | €1,999,924 | -€287,135 | -12.6% |
| Amounts payable after more than one year | 17 | €1,184,700 | €1,163,805 | -€20,895 | -1.8% |
| Financial debts | 170/4 | €1,184,700 | €1,163,805 | -€20,895 | -1.8% |
| Amounts payable within one year | 42/48 | €1,102,359 | €836,120 | -€266,239 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €157,624 | €372,463 | +€214,839 | +136.3% |
| Trade debts | 44 | €487,228 | €216,008 | -€271,220 | -55.7% |
| Suppliers | 440/4 | €487,228 | €216,008 | -€271,220 | -55.7% |
| Advances received on contracts in progress | 46 | €265,880 | - | -€265,880 | |
| Taxes, remuneration and social security | 45 | €15,315 | €14,847 | -€468 | -3.1% |
| Taxes | 450/3 | €14,115 | €13,647 | -€468 | -3.3% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €176,311 | €232,801 | +€56,490 | +32.0% |
| Non-recurring operating income | 76A | - | €7,500 | +€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207,482 | €177,929 | -€29,552 | -14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,190 | - | -€12,190 | |
| Other operating charges | 640/8 | €6,949 | €4,875 | -€2,075 | -29.9% |
| Gross operating margin | 9900 | €352,887 | €247,325 | -€105,563 | -29.9% |
| Operating profit (loss) | 9901 | €126,267 | €64,521 | -€61,746 | -48.9% |
| Financial income | 75/76B | €114 | €1 | -€113 | -99.2% |
| Recurring financial income | 75 | €114 | €1 | -€113 | -99.2% |
| Financial charges | 65/66B | €41,746 | €44,029 | +€2,284 | +5.5% |
| Recurring financial charges | 65 | €41,746 | €44,029 | +€2,284 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €84,634 | €20,492 | -€64,142 | -75.8% |
| Income taxes | 67/77 | €11,113 | €2,535 | -€8,578 | -77.2% |
| Profit (loss) for the period | 9904 | €73,522 | €17,957 | -€55,565 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €73,522 | €17,957 | -€55,565 | -75.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.