ALU CL: 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 CL
Largest movements
- Receivables within one year -€21,930
down €21,930 (-84.4%), from €25,974 to €4,044
of which Trade receivables: -€25,577
- Cash -€2,221
down €2,221 (-15.1%), from €14,665 to €12,444
mainly Net result for the year (-€13,803) and Other debts (-€11,988)
- Tangible fixed assets -€829
no longer reported in 2025 (was €829)
- Profit (loss) carried forward -€13,803
down €13,803 (-1,271%), from -€1,086 to -€14,889
- Other debts -€11,988
no longer reported in 2025 (was €11,988)
- Trade debts +€5,699
up €5,699 (+468%), from €1,219 to €6,918
- Tax, wage and social debts -€5,116
down €5,116 (-35.1%), from €14,575 to €9,459
of which Remuneration and social security: -€6,186
- Gross operating margin -€20,101
down €20,101, from €15,986 to -€4,115
- Staff costs -€8,714
down €8,714 (-52.0%), from €16,772 to €8,058
- Taxes -€767
no longer reported in 2025 (was €767)
- Other operating charges +€411
up €411 (+106%), from €388 to €799
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 | €41,696 | €16,488 | -€25,208 | -60.5% |
| Fixed assets | 21/28 | €1,057 | - | -€1,057 | |
| Tangible fixed assets | 22/27 | €829 | - | -€829 | |
| Furniture and vehicles | 24 | €829 | - | -€829 | |
| Financial fixed assets | 28 | €228 | - | -€228 | |
| Current assets | 29/58 | €40,639 | €16,488 | -€24,151 | -59.4% |
| Amounts receivable within one year | 40/41 | €25,974 | €4,044 | -€21,930 | -84.4% |
| Trade receivables | 40 | €25,966 | €389 | -€25,577 | -98.5% |
| Other amounts receivable | 41 | €8 | €3,655 | +€3,647 | +45,588% |
| Cash at bank and in hand | 54/58 | €14,665 | €12,444 | -€2,221 | -15.1% |
| Total equity and liabilities | 10/49 | €41,696 | €16,488 | -€25,208 | -60.5% |
| Equity | 10/15 | €13,914 | €111 | -€13,803 | -99.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | €15,000 | = | 0.0% |
| Issued capital | 100 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,086 | -€14,889 | -€13,803 | -1,271% |
| Amounts payable | 17/49 | €27,782 | €16,377 | -€11,405 | -41.1% |
| Amounts payable within one year | 42/48 | €27,782 | €16,377 | -€11,405 | -41.1% |
| Trade debts | 44 | €1,219 | €6,918 | +€5,699 | +468% |
| Suppliers | 440/4 | €1,219 | €6,918 | +€5,699 | +468% |
| Taxes, remuneration and social security | 45 | €14,575 | €9,459 | -€5,116 | -35.1% |
| Taxes | 450/3 | €1,489 | €2,559 | +€1,070 | +71.9% |
| Remuneration and social security | 454/9 | €13,086 | €6,900 | -€6,186 | -47.3% |
| Other amounts payable | 47/48 | €11,988 | - | -€11,988 | |
| Remuneration, social security and pensions | 62 | €16,772 | €8,058 | -€8,714 | -52.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €904 | €829 | -€75 | -8.3% |
| Other operating charges | 640/8 | €388 | €799 | +€411 | +106% |
| Gross operating margin | 9900 | €15,986 | -€4,115 | -€20,101 | |
| Operating profit (loss) | 9901 | -€2,078 | -€13,801 | -€11,723 | -564% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €72 | €2 | -€70 | -97.2% |
| Recurring financial charges | 65 | €72 | €2 | -€70 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,142 | -€13,803 | -€11,661 | -544% |
| Income taxes | 67/77 | €767 | - | -€767 | |
| Profit (loss) for the period | 9904 | -€2,909 | -€13,803 | -€10,894 | -374% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,909 | -€13,803 | -€10,894 | -374% |
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 18 October 2026 via checked.be.