Alu-Bek: 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.
Alu-Bek
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€63,091
down €63,091 (-41.7%), from €151,387 to €88,296
- Profit (loss) carried forward +€34,241
up €34,241 (+54.6%), from €62,742 to €96,983
- Provisions +€20,889
up €20,889 (+50.0%), from €41,777 to €62,666
- Gross operating margin +€25,384
up €25,384 (+49.7%), from €51,093 to €76,477
- Taxes +€8,392
up €8,392 (+178%), from €4,703 to €13,095
- Financial charges -€863
down €863 (-39.0%), from €2,214 to €1,351
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 | €1,067,364 | €1,054,159 | -€13,205 | -1.2% |
| Fixed assets | 21/28 | €1,051,729 | €1,046,504 | -€5,225 | -0.5% |
| Tangible fixed assets | 22/27 | €85,688 | €80,463 | -€5,225 | -6.1% |
| Land and buildings | 22 | €85,688 | €80,463 | -€5,225 | -6.1% |
| Financial fixed assets | 28 | €966,041 | €966,041 | = | 0.0% |
| Current assets | 29/58 | €15,635 | €7,655 | -€7,980 | -51.0% |
| Amounts receivable within one year | 40/41 | €297 | - | -€297 | |
| Other amounts receivable | 41 | €297 | - | -€297 | |
| Cash at bank and in hand | 54/58 | €15,337 | €7,654 | -€7,683 | -50.1% |
| Deferred charges and accrued income | 490/1 | €1 | €1 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,067,364 | €1,054,159 | -€13,205 | -1.2% |
| Equity | 10/15 | €868,076 | €902,317 | +€34,241 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €743,334 | €743,334 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,578 | €5,578 | = | 0.0% |
| Legal reserve | 130 | €5,578 | €5,578 | = | 0.0% |
| Distributable reserves | 133 | €737,756 | €737,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,742 | €96,983 | +€34,241 | +54.6% |
| Provisions and deferred taxes | 16 | €41,777 | €62,666 | +€20,889 | +50.0% |
| Provisions for liabilities and charges | 160/5 | €41,777 | €62,666 | +€20,889 | +50.0% |
| Environmental obligations | 163 | €41,777 | €62,666 | +€20,889 | +50.0% |
| Amounts payable | 17/49 | €157,511 | €89,176 | -€68,335 | -43.4% |
| Amounts payable within one year | 42/48 | €157,511 | €89,176 | -€68,335 | -43.4% |
| Taxes, remuneration and social security | 45 | €6,124 | €880 | -€5,244 | -85.6% |
| Taxes | 450/3 | €6,124 | €880 | -€5,244 | -85.6% |
| Other amounts payable | 47/48 | €151,387 | €88,296 | -€63,091 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,225 | €5,225 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,889 | €20,889 | = | 0.0% |
| Other operating charges | 640/8 | €1,487 | €1,676 | +€189 | +12.7% |
| Gross operating margin | 9900 | €51,093 | €76,477 | +€25,384 | +49.7% |
| Operating profit (loss) | 9901 | €23,492 | €48,687 | +€25,195 | +107% |
| Financial charges | 65/66B | €2,214 | €1,351 | -€863 | -39.0% |
| Recurring financial charges | 65 | €2,214 | €1,351 | -€863 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €21,278 | €47,336 | +€26,058 | +122% |
| Income taxes | 67/77 | €4,703 | €13,095 | +€8,392 | +178% |
| Profit (loss) for the period | 9904 | €16,575 | €34,241 | +€17,666 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €16,575 | €34,241 | +€17,666 | +107% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.