ALSON-ANGEL: 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.
ALSON-ANGEL
Largest movements
- Receivables within one year +€28,453
up €28,453 (+263%), from €10,836 to €39,288
of which Trade receivables: +€27,588
- Cash +€14,585
up €14,585 (+26.4%), from €55,165 to €69,750
mainly Trade debts (+€21,925) and Net result for the year (+€18,040)
- Tangible fixed assets +€13,912
up €13,912 (+377%), from €3,691 to €17,604
- Trade debts +€21,925
up €21,925 (+134%), from €16,399 to €38,324
- Profit (loss) carried forward +€18,040
up €18,040 (+146%), from €12,350 to €30,390
- Other debts +€12,014
up €12,014 (+37.1%), from €32,390 to €44,403
- Tax, wage and social debts +€3,146
up €3,146 (+80.1%), from €3,929 to €7,075
- Gross operating margin +€7,600
up €7,600 (+37.6%), from €20,221 to €27,821
- Financial charges +€1,711
up €1,711 (+289%), from €592 to €2,303
- Taxes +€1,573
up €1,573 (+57.2%), from €2,751 to €4,324
- Depreciation -€939
down €939 (-35.8%), from €2,619 to €1,681
- Other operating charges -€816
down €816 (-42.7%), from €1,910 to €1,094
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 | €71,143 | €126,836 | +€55,693 | +78.3% |
| Fixed assets | 21/28 | €3,851 | €17,764 | +€13,912 | +361% |
| Tangible fixed assets | 22/27 | €3,691 | €17,604 | +€13,912 | +377% |
| Furniture and vehicles | 24 | €3,691 | €17,604 | +€13,912 | +377% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €67,291 | €109,072 | +€41,781 | +62.1% |
| Amounts receivable within one year | 40/41 | €10,836 | €39,288 | +€28,453 | +263% |
| Trade receivables | 40 | €10,829 | €38,417 | +€27,588 | +255% |
| Other amounts receivable | 41 | €7 | €872 | +€865 | +13,065% |
| Cash at bank and in hand | 54/58 | €55,165 | €69,750 | +€14,585 | +26.4% |
| Deferred charges and accrued income | 490/1 | €1,290 | €33 | -€1,257 | -97.4% |
| Total equity and liabilities | 10/49 | €71,143 | €126,836 | +€55,693 | +78.3% |
| Equity | 10/15 | €18,350 | €36,390 | +€18,040 | +98.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,350 | €30,390 | +€18,040 | +146% |
| Amounts payable | 17/49 | €52,793 | €90,446 | +€37,653 | +71.3% |
| Amounts payable within one year | 42/48 | €52,717 | €89,802 | +€37,085 | +70.3% |
| Trade debts | 44 | €16,399 | €38,324 | +€21,925 | +134% |
| Suppliers | 440/4 | €16,399 | €38,324 | +€21,925 | +134% |
| Taxes, remuneration and social security | 45 | €3,929 | €7,075 | +€3,146 | +80.1% |
| Taxes | 450/3 | €3,929 | €7,075 | +€3,146 | +80.1% |
| Other amounts payable | 47/48 | €32,390 | €44,403 | +€12,014 | +37.1% |
| Accrued charges and deferred income | 492/3 | €75 | €644 | +€568 | +753% |
| Remuneration, social security and pensions | 62 | - | €380 | +€380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,619 | €1,681 | -€939 | -35.8% |
| Other operating charges | 640/8 | €1,910 | €1,094 | -€816 | -42.7% |
| Gross operating margin | 9900 | €20,221 | €27,821 | +€7,600 | +37.6% |
| Operating profit (loss) | 9901 | €15,692 | €24,666 | +€8,975 | +57.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -78.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -78.3% |
| Financial charges | 65/66B | €592 | €2,303 | +€1,711 | +289% |
| Recurring financial charges | 65 | €592 | €2,303 | +€1,711 | +289% |
| Profit (loss) for the period before taxes | 9903 | €15,101 | €22,364 | +€7,263 | +48.1% |
| Income taxes | 67/77 | €2,751 | €4,324 | +€1,573 | +57.2% |
| Profit (loss) for the period | 9904 | €12,350 | €18,040 | +€5,690 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,350 | €18,040 | +€5,690 | +46.1% |
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 23 October 2026 via checked.be.