Alsim: 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.
Alsim
Largest movements
- Tangible fixed assets -€17,924
down €17,924 (-3.7%), from €485,244 to €467,320
of which Land and buildings: -€20,752
- Debts after one year -€27,667
down €27,667 (-6.5%), from €424,610 to €396,944
- Current portion of long-term debt +€8,000
up €8,000 (+40.7%), from €19,667 to €27,667
- Gross operating margin +€2,122
up €2,122 (+7.3%), from €28,940 to €31,063
- Depreciation -€1,113
down €1,113 (-4.6%), from €24,082 to €22,969
- Financial charges -€559
down €559 (-14.2%), from €3,946 to €3,386
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 | €499,981 | €482,624 | -€17,357 | -3.5% |
| Fixed assets | 21/28 | €485,244 | €467,320 | -€17,924 | -3.7% |
| Tangible fixed assets | 22/27 | €485,244 | €467,320 | -€17,924 | -3.7% |
| Land and buildings | 22 | €477,304 | €456,552 | -€20,752 | -4.3% |
| Plant, machinery and equipment | 23 | €2,540 | €1,215 | -€1,325 | -52.2% |
| Other tangible fixed assets | 26 | €5,400 | €9,553 | +€4,154 | +76.9% |
| Current assets | 29/58 | €14,737 | €15,304 | +€566 | +3.8% |
| Amounts receivable within one year | 40/41 | €13,099 | €12,434 | -€665 | -5.1% |
| Other amounts receivable | 41 | €13,099 | €12,434 | -€665 | -5.1% |
| Cash at bank and in hand | 54/58 | €2 | €1,623 | +€1,621 | +74,364% |
| Deferred charges and accrued income | 490/1 | €1,636 | €1,246 | -€390 | -23.8% |
| Total equity and liabilities | 10/49 | €499,981 | €482,624 | -€17,357 | -3.5% |
| Equity | 10/15 | €41,519 | €42,546 | +€1,027 | +2.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,519 | €10,546 | +€1,027 | +10.8% |
| Amounts payable | 17/49 | €458,462 | €440,078 | -€18,385 | -4.0% |
| Amounts payable after more than one year | 17 | €424,610 | €396,944 | -€27,667 | -6.5% |
| Financial debts | 170/4 | €424,610 | €396,944 | -€27,667 | -6.5% |
| Amounts payable within one year | 42/48 | €31,234 | €39,053 | +€7,819 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €19,667 | €27,667 | +€8,000 | +40.7% |
| Financial debts | 43 | €3,187 | €558 | -€2,629 | -82.5% |
| Credit institutions | 430/8 | €3,187 | €558 | -€2,629 | -82.5% |
| Trade debts | 44 | €2,568 | €6,585 | +€4,017 | +156% |
| Suppliers | 440/4 | €2,568 | €6,585 | +€4,017 | +156% |
| Other amounts payable | 47/48 | €5,812 | €4,242 | -€1,570 | -27.0% |
| Accrued charges and deferred income | 492/3 | €2,618 | €4,082 | +€1,463 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,082 | €22,969 | -€1,113 | -4.6% |
| Other operating charges | 640/8 | €3,805 | €3,681 | -€125 | -3.3% |
| Gross operating margin | 9900 | €28,940 | €31,063 | +€2,122 | +7.3% |
| Operating profit (loss) | 9901 | €1,054 | €4,414 | +€3,360 | +319% |
| Financial income | 75/76B | €47 | - | -€47 | |
| Recurring financial income | 75 | €47 | - | -€47 | |
| Financial charges | 65/66B | €3,946 | €3,386 | -€559 | -14.2% |
| Recurring financial charges | 65 | €3,946 | €3,386 | -€559 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,845 | €1,027 | +€3,873 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€2,847 | €1,027 | +€3,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,847 | €1,027 | +€3,875 |
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 13 October 2026 via checked.be.