ALSITO: 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.
ALSITO
Largest movements
- Receivables within one year -€138,986
down €138,986 (-70.1%), from €198,395 to €59,409
of which Other amounts receivable: -€114,974
- Cash +€123,637
up €123,637 (+601.8%), from €20,543 to €144,180
mainly Receivables within one year (+€138,986) and Depreciation (+€128,399)
- Stocks and contracts -€61,864
down €61,864 (-12.3%), from €502,316 to €440,451
- Deferred charges and accrued income -€36,477
down €36,477 (-59.2%), from €61,606 to €25,129
- Debts after one year -€98,688
down €98,688 (-6.3%), from €1.6m to €1.5m
of which Financial debts: -€78,688
- Short-term financial debts -€31,200
no longer reported in 2025 (was €31,200)
- Staff costs +€58,937
up €58,937 (+44.3%), from €132,913 to €191,850
- Depreciation +€30,262
up €30,262 (+30.8%), from €98,137 to €128,399
- Taxes -€28,363
down €28,363 (-73.7%), from €38,471 to €10,108
- Gross operating margin -€15,697
down €15,697 (-3.7%), from €421,204 to €405,508
- Financial charges +€14,520
up €14,520 (+56.3%), from €25,797 to €40,317
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 | €2,440,601 | €2,304,143 | -€136,458 | -5.6% |
| Fixed assets | 21/28 | €1,657,742 | €1,634,975 | -€22,767 | -1.4% |
| Tangible fixed assets | 22/27 | €1,657,742 | €1,634,975 | -€22,767 | -1.4% |
| Land and buildings | 22 | €1,514,839 | €1,458,846 | -€55,993 | -3.7% |
| Plant, machinery and equipment | 23 | €9,448 | €16,730 | +€7,283 | +77.1% |
| Furniture and vehicles | 24 | €133,455 | €159,399 | +€25,943 | +19.4% |
| Current assets | 29/58 | €782,859 | €669,168 | -€113,691 | -14.5% |
| Stocks and contracts in progress | 3 | €502,316 | €440,451 | -€61,864 | -12.3% |
| Stocks | 30/36 | €502,316 | €440,451 | -€61,864 | -12.3% |
| Amounts receivable within one year | 40/41 | €198,395 | €59,409 | -€138,986 | -70.1% |
| Trade receivables | 40 | €58,530 | €34,517 | -€24,013 | -41.0% |
| Other amounts receivable | 41 | €139,865 | €24,892 | -€114,974 | -82.2% |
| Cash at bank and in hand | 54/58 | €20,543 | €144,180 | +€123,637 | +601.8% |
| Deferred charges and accrued income | 490/1 | €61,606 | €25,129 | -€36,477 | -59.2% |
| Total equity and liabilities | 10/49 | €2,440,601 | €2,304,143 | -€136,458 | -5.6% |
| Equity | 10/15 | €577,824 | €575,636 | -€2,188 | -0.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €552,824 | €550,636 | -€2,188 | -0.4% |
| Distributable reserves | 133 | €552,824 | €550,636 | -€2,188 | -0.4% |
| Amounts payable | 17/49 | €1,862,777 | €1,728,507 | -€134,270 | -7.2% |
| Amounts payable after more than one year | 17 | €1,565,612 | €1,466,925 | -€98,688 | -6.3% |
| Financial debts | 170/4 | €1,525,612 | €1,446,925 | -€78,688 | -5.2% |
| Other amounts payable | 178/9 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts payable within one year | 42/48 | €289,876 | €255,883 | -€33,993 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €136,896 | €145,447 | +€8,551 | +6.2% |
| Financial debts | 43 | €31,200 | - | -€31,200 | |
| Credit institutions | 430/8 | €31,200 | - | -€31,200 | |
| Trade debts | 44 | €36,680 | €34,011 | -€2,669 | -7.3% |
| Suppliers | 440/4 | €36,680 | €34,011 | -€2,669 | -7.3% |
| Taxes, remuneration and social security | 45 | €40,741 | €26,987 | -€13,755 | -33.8% |
| Taxes | 450/3 | €3,681 | €5,679 | +€1,998 | +54.3% |
| Remuneration and social security | 454/9 | €37,060 | €21,307 | -€15,753 | -42.5% |
| Other amounts payable | 47/48 | €44,358 | €49,438 | +€5,080 | +11.5% |
| Accrued charges and deferred income | 492/3 | €7,288 | €5,699 | -€1,589 | -21.8% |
| Remuneration, social security and pensions | 62 | €132,913 | €191,850 | +€58,937 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,137 | €128,399 | +€30,262 | +30.8% |
| Other operating charges | 640/8 | €5,133 | €5,304 | +€171 | +3.3% |
| Gross operating margin | 9900 | €421,204 | €405,508 | -€15,697 | -3.7% |
| Operating profit (loss) | 9901 | €185,021 | €79,955 | -€105,066 | -56.8% |
| Financial income | 75/76B | €3,879 | €3,282 | -€597 | -15.4% |
| Recurring financial income | 75 | €3,879 | €3,282 | -€597 | -15.4% |
| Financial charges | 65/66B | €25,797 | €40,317 | +€14,520 | +56.3% |
| Recurring financial charges | 65 | €25,797 | €40,317 | +€14,520 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €163,103 | €42,920 | -€120,183 | -73.7% |
| Income taxes | 67/77 | €38,471 | €10,108 | -€28,363 | -73.7% |
| Profit (loss) for the period | 9904 | €124,632 | €32,812 | -€91,820 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €124,632 | €32,812 | -€91,820 | -73.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.