ALSAI: 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.
ALSAI
Largest movements
- Tangible fixed assets +€48,235
up €48,235 (+74.1%), from €65,091 to €113,326
of which Furniture and vehicles: +€49,558
- Receivables within one year -€46,709
down €46,709 (-38.6%), from €121,095 to €74,386
of which Trade receivables: -€42,442
- Cash -€2,981
down €2,981 (-7.3%), from €40,834 to €37,853
mainly Investment in fixed assets (net) (-€92,887) and Debts after one year (-€31,962)
- Debts after one year -€31,962
down €31,962 (-32.4%), from €98,524 to €66,563
- Current portion of long-term debt +€13,233
up €13,233 (+53.3%), from €24,819 to €38,053
- Trade debts +€11,822
up €11,822 (+27.0%), from €43,789 to €55,612
- Tax, wage and social debts +€4,960
up €4,960 (+61.4%), from €8,082 to €13,042
of which Remuneration and social security: +€3,000
- Depreciation +€13,485
up €13,485 (+43.3%), from €31,167 to €44,651
- Gross operating margin +€10,201
up €10,201 (+14.5%), from €70,154 to €80,355
- Financial charges +€7,649
up €7,649 (+4,789%), from €160 to €7,808
- Staff costs +€4,843
new in 2025: €4,843
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 | €227,020 | €225,565 | -€1,455 | -0.6% |
| Fixed assets | 21/28 | €65,091 | €113,326 | +€48,235 | +74.1% |
| Tangible fixed assets | 22/27 | €65,091 | €113,326 | +€48,235 | +74.1% |
| Plant, machinery and equipment | 23 | €4,841 | €4,508 | -€333 | -6.9% |
| Furniture and vehicles | 24 | €58,564 | €108,121 | +€49,558 | +84.6% |
| Leasing and similar rights | 25 | €1,686 | €697 | -€989 | -58.7% |
| Current assets | 29/58 | €161,929 | €112,239 | -€49,690 | -30.7% |
| Amounts receivable within one year | 40/41 | €121,095 | €74,386 | -€46,709 | -38.6% |
| Trade receivables | 40 | €94,182 | €51,739 | -€42,442 | -45.1% |
| Other amounts receivable | 41 | €26,913 | €22,646 | -€4,267 | -15.9% |
| Cash at bank and in hand | 54/58 | €40,834 | €37,853 | -€2,981 | -7.3% |
| Total equity and liabilities | 10/49 | €227,020 | €225,565 | -€1,455 | -0.6% |
| Equity | 10/15 | €51,805 | €52,296 | +€491 | +0.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,805 | €47,296 | +€491 | +1.0% |
| Amounts payable | 17/49 | €175,215 | €173,269 | -€1,945 | -1.1% |
| Amounts payable after more than one year | 17 | €98,524 | €66,563 | -€31,962 | -32.4% |
| Financial debts | 170/4 | €98,524 | €66,563 | -€31,962 | -32.4% |
| Amounts payable within one year | 42/48 | €76,690 | €106,707 | +€30,016 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €24,819 | €38,053 | +€13,233 | +53.3% |
| Trade debts | 44 | €43,789 | €55,612 | +€11,822 | +27.0% |
| Suppliers | 440/4 | €43,789 | €55,612 | +€11,822 | +27.0% |
| Taxes, remuneration and social security | 45 | €8,082 | €13,042 | +€4,960 | +61.4% |
| Taxes | 450/3 | €8,082 | €10,042 | +€1,960 | +24.3% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Remuneration, social security and pensions | 62 | - | €4,843 | +€4,843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,167 | €44,651 | +€13,485 | +43.3% |
| Other operating charges | 640/8 | €2,311 | €2,521 | +€210 | +9.1% |
| Gross operating margin | 9900 | €70,154 | €80,355 | +€10,201 | +14.5% |
| Operating profit (loss) | 9901 | €36,677 | €28,340 | -€8,337 | -22.7% |
| Financial income | 75/76B | €0 | €2 | +€1 | +436% |
| Recurring financial income | 75 | €0 | €2 | +€1 | +436% |
| Financial charges | 65/66B | €160 | €7,808 | +€7,649 | +4,789% |
| Recurring financial charges | 65 | €160 | €7,808 | +€7,649 | +4,789% |
| Profit (loss) for the period before taxes | 9903 | €36,517 | €20,533 | -€15,984 | -43.8% |
| Income taxes | 67/77 | €8,082 | €8,542 | +€460 | +5.7% |
| Profit (loss) for the period | 9904 | €28,435 | €11,991 | -€16,445 | -57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,435 | €11,991 | -€16,445 | -57.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.