ALSIVIA: 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.
ALSIVIA
Largest movements
- Receivables within one year -€121,243
down €121,243 (-81.8%), from €148,220 to €26,977
of which Trade receivables: -€83,866
- Cash -€33,157
down €33,157 (-86.3%), from €38,426 to €5,269
mainly Contributions, distributions and other (-€172,944) and Tax, wage and social debts (-€34,496)
- Tangible fixed assets -€14,959
down €14,959 (-9.7%), from €154,470 to €139,512
of which Land and buildings: -€16,754
- Contributions -€120,912
down €120,912 (-55.7%), from €216,912 to €96,000
- Tax, wage and social debts -€34,496
down €34,496 (-49.4%), from €69,811 to €35,315
- Debts after one year -€31,480
down €31,480 (-20.9%), from €150,649 to €119,169
- Other debts +€8,893
new in 2025: €8,893
- Trade debts +€4,776
up €4,776 (+81.6%), from €5,849 to €10,625
- Gross operating margin -€180,476
down €180,476 (-60.0%), from €300,840 to €120,364
- Taxes -€44,847
down €44,847 (-67.0%), from €66,958 to €22,111
- Depreciation +€9,891
up €9,891 (+41.8%), from €23,653 to €33,544
- Financial income -€3,694
down €3,694 (-99.9%), from €3,699 to €5
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 | €387,163 | €216,686 | -€170,478 | -44.0% |
| Fixed assets | 21/28 | €189,623 | €174,665 | -€14,959 | -7.9% |
| Tangible fixed assets | 22/27 | €154,470 | €139,512 | -€14,959 | -9.7% |
| Land and buildings | 22 | €83,769 | €67,015 | -€16,754 | -20.0% |
| Furniture and vehicles | 24 | €65,880 | €58,699 | -€7,181 | -10.9% |
| Other tangible fixed assets | 26 | €4,821 | €13,797 | +€8,977 | +186% |
| Financial fixed assets | 28 | €35,153 | €35,153 | = | 0.0% |
| Current assets | 29/58 | €197,540 | €42,021 | -€155,519 | -78.7% |
| Stocks and contracts in progress | 3 | €9,074 | €9,074 | = | 0.0% |
| Stocks | 30/36 | €9,074 | €9,074 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €148,220 | €26,977 | -€121,243 | -81.8% |
| Trade receivables | 40 | €110,438 | €26,572 | -€83,866 | -75.9% |
| Other amounts receivable | 41 | €37,782 | €405 | -€37,377 | -98.9% |
| Cash at bank and in hand | 54/58 | €38,426 | €5,269 | -€33,157 | -86.3% |
| Deferred charges and accrued income | 490/1 | €1,821 | €701 | -€1,119 | -61.5% |
| Total equity and liabilities | 10/49 | €387,163 | €216,686 | -€170,478 | -44.0% |
| Equity | 10/15 | €131,746 | €12,584 | -€119,162 | -90.4% |
| Contributions | 10/11 | €216,912 | €96,000 | -€120,912 | -55.7% |
| Reserves | 13 | €68,554 | €70,304 | +€1,750 | +2.6% |
| Distributable reserves | 133 | €68,554 | €70,304 | +€1,750 | +2.6% |
| Profit (loss) carried forward | 14 | -€153,720 | -€153,720 | = | 0.0% |
| Amounts payable | 17/49 | €255,418 | €204,102 | -€51,316 | -20.1% |
| Amounts payable after more than one year | 17 | €150,649 | €119,169 | -€31,480 | -20.9% |
| Financial debts | 170/4 | €150,649 | €119,169 | -€31,480 | -20.9% |
| Amounts payable within one year | 42/48 | €104,769 | €84,933 | -€19,836 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €29,109 | €30,100 | +€991 | +3.4% |
| Trade debts | 44 | €5,849 | €10,625 | +€4,776 | +81.6% |
| Suppliers | 440/4 | €5,849 | €10,625 | +€4,776 | +81.6% |
| Taxes, remuneration and social security | 45 | €69,811 | €35,315 | -€34,496 | -49.4% |
| Taxes | 450/3 | €69,811 | €35,315 | -€34,496 | -49.4% |
| Other amounts payable | 47/48 | - | €8,893 | +€8,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,653 | €33,544 | +€9,891 | +41.8% |
| Other operating charges | 640/8 | €2,756 | €2,140 | -€616 | -22.4% |
| Non-recurring operating charges | 66A | €375,913 | - | -€375,913 | |
| Gross operating margin | 9900 | €300,840 | €120,364 | -€180,476 | -60.0% |
| Operating profit (loss) | 9901 | -€101,482 | €84,680 | +€186,162 | |
| Financial income | 75/76B | €3,699 | €5 | -€3,694 | -99.9% |
| Recurring financial income | 75 | €3,699 | €5 | -€3,694 | -99.9% |
| Financial charges | 65/66B | €8,703 | €8,792 | +€89 | +1.0% |
| Recurring financial charges | 65 | €8,703 | €8,792 | +€89 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€106,486 | €75,893 | +€182,379 | |
| Income taxes | 67/77 | €66,958 | €22,111 | -€44,847 | -67.0% |
| Profit (loss) for the period | 9904 | -€173,444 | €53,783 | +€227,227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€173,444 | €53,783 | +€227,227 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.