Alsaraj: 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.
Alsaraj
Largest movements
- Receivables within one year +€30,955
up €30,955 (+73.3%), from €42,231 to €73,186
of which Trade receivables: +€31,153
- Stocks and contracts -€3,200
down €3,200 (-55.7%), from €5,740 to €2,540
- Cash +€1,347
up €1,347 (+10.5%), from €12,830 to €14,177
mainly Advances received (+€15,054) and Tax, wage and social debts (+€8,607)
- Tangible fixed assets -€1,143
down €1,143 (-11.0%), from €10,357 to €9,213
of which Furniture and vehicles: -€3,071
- Advances received +€15,054
new in 2025: €15,054
- Tax, wage and social debts +€8,607
up €8,607 (+788.1%), from €1,092 to €9,699
of which Taxes: +€5,107
- Profit (loss) carried forward +€5,135
up €5,135 (+18.6%), from €27,633 to €32,768
- Other debts -€1,103
down €1,103 (-12.3%), from €8,992 to €7,890
- Purchases and services +€188,041
new in 2025: €188,041
- Taxes +€5,599
new in 2025: €5,599
- Gross operating margin -€4,045
down €4,045 (-13.2%), from €30,666 to €26,621
- Other operating charges -€2,084
down €2,084 (-82.3%), from €2,534 to €450
- Depreciation +€771
up €771 (+86.8%), from €887 to €1,658
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 | €72,537 | €100,497 | +€27,959 | +38.5% |
| Fixed assets | 21/28 | €11,737 | €10,593 | -€1,143 | -9.7% |
| Tangible fixed assets | 22/27 | €10,357 | €9,213 | -€1,143 | -11.0% |
| Plant, machinery and equipment | 23 | €5,779 | €7,707 | +€1,928 | +33.4% |
| Furniture and vehicles | 24 | €4,578 | €1,507 | -€3,071 | -67.1% |
| Financial fixed assets | 28 | €1,380 | €1,380 | = | 0.0% |
| Current assets | 29/58 | €60,801 | €89,903 | +€29,102 | +47.9% |
| Stocks and contracts in progress | 3 | €5,740 | €2,540 | -€3,200 | -55.7% |
| Stocks | 30/36 | €5,740 | €2,540 | -€3,200 | -55.7% |
| Amounts receivable within one year | 40/41 | €42,231 | €73,186 | +€30,955 | +73.3% |
| Trade receivables | 40 | €42,034 | €73,186 | +€31,153 | +74.1% |
| Other amounts receivable | 41 | €197 | - | -€197 | |
| Cash at bank and in hand | 54/58 | €12,830 | €14,177 | +€1,347 | +10.5% |
| Total equity and liabilities | 10/49 | €72,537 | €100,497 | +€27,959 | +38.5% |
| Equity | 10/15 | €53,633 | €58,768 | +€5,135 | +9.6% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,633 | €32,768 | +€5,135 | +18.6% |
| Amounts payable | 17/49 | €18,904 | €41,729 | +€22,825 | +120.7% |
| Amounts payable within one year | 42/48 | €18,904 | €41,729 | +€22,825 | +120.7% |
| Trade debts | 44 | €8,819 | €9,085 | +€266 | +3.0% |
| Suppliers | 440/4 | €8,819 | €9,085 | +€266 | +3.0% |
| Advances received on contracts in progress | 46 | - | €15,054 | +€15,054 | |
| Taxes, remuneration and social security | 45 | €1,092 | €9,699 | +€8,607 | +788.1% |
| Taxes | 450/3 | - | €5,107 | +€5,107 | |
| Remuneration and social security | 454/9 | €1,092 | €4,592 | +€3,500 | +320.4% |
| Other amounts payable | 47/48 | €8,992 | €7,890 | -€1,103 | -12.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €188,041 | +€188,041 | |
| Remuneration, social security and pensions | 62 | €14,196 | €13,672 | -€523 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €887 | €1,658 | +€771 | +86.8% |
| Other operating charges | 640/8 | €2,534 | €450 | -€2,084 | -82.3% |
| Gross operating margin | 9900 | €30,666 | €26,621 | -€4,045 | -13.2% |
| Operating profit (loss) | 9901 | €13,049 | €10,841 | -€2,208 | -16.9% |
| Financial charges | 65/66B | €145 | €108 | -€37 | -25.6% |
| Recurring financial charges | 65 | €145 | €108 | -€37 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €12,904 | €10,733 | -€2,171 | -16.8% |
| Income taxes | 67/77 | - | €5,599 | +€5,599 | |
| Profit (loss) for the period | 9904 | €12,904 | €5,135 | -€7,769 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,904 | €5,135 | -€7,769 | -60.2% |
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 4 October 2026 via checked.be.