ALU-MICK: 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-MICK
Largest movements
- Tangible fixed assets +€33,574
new in 2025: €33,574
- Receivables within one year -€7,987
down €7,987 (-64.0%), from €12,483 to €4,496
of which Other amounts receivable: -€4,337
- Cash +€2,157
up €2,157 (+3.4%), from €62,856 to €65,014
mainly Net result for the year (+€34,530) and Receivables within one year (+€7,987)
- Reserves +€34,530
up €34,530 (+52.4%), from €65,944 to €100,474
- Other debts -€6,373
no longer reported in 2025 (was €6,373)
- Gross operating margin +€11,620
up €11,620 (+24.1%), from €48,308 to €59,928
- Depreciation +€7,294
new in 2025: €7,294
- Financial charges -€682
down €682 (-24.7%), from €2,761 to €2,079
- Taxes +€677
up €677 (+4.8%), from €14,245 to €14,922
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 | €77,425 | €104,583 | +€27,158 | +35.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,500 | €35,074 | +€33,574 | +2,238% |
| Tangible fixed assets | 22/27 | - | €33,574 | +€33,574 | |
| Furniture and vehicles | 24 | - | €33,574 | +€33,574 | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €75,925 | €69,510 | -€6,416 | -8.4% |
| Amounts receivable within one year | 40/41 | €12,483 | €4,496 | -€7,987 | -64.0% |
| Trade receivables | 40 | €3,650 | - | -€3,650 | |
| Other amounts receivable | 41 | €8,833 | €4,496 | -€4,337 | -49.1% |
| Cash at bank and in hand | 54/58 | €62,856 | €65,014 | +€2,157 | +3.4% |
| Deferred charges and accrued income | 490/1 | €586 | - | -€586 | |
| Total equity and liabilities | 10/49 | €77,425 | €104,583 | +€27,158 | +35.1% |
| Equity | 10/15 | €68,944 | €103,474 | +€34,530 | +50.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €65,944 | €100,474 | +€34,530 | +52.4% |
| Distributable reserves | 133 | €65,944 | €100,474 | +€34,530 | +52.4% |
| Amounts payable | 17/49 | €8,481 | €1,109 | -€7,372 | -86.9% |
| Amounts payable within one year | 42/48 | €8,481 | €1,109 | -€7,372 | -86.9% |
| Trade debts | 44 | €1,864 | €1,109 | -€755 | -40.5% |
| Suppliers | 440/4 | €1,864 | €1,109 | -€755 | -40.5% |
| Taxes, remuneration and social security | 45 | €245 | - | -€245 | |
| Taxes | 450/3 | €245 | - | -€245 | |
| Other amounts payable | 47/48 | €6,373 | - | -€6,373 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,294 | +€7,294 | |
| Other operating charges | 640/8 | €777 | €1,103 | +€325 | +41.8% |
| Gross operating margin | 9900 | €48,308 | €59,928 | +€11,620 | +24.1% |
| Operating profit (loss) | 9901 | €47,531 | €51,531 | +€4,001 | +8.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,761 | €2,079 | -€682 | -24.7% |
| Recurring financial charges | 65 | €2,761 | €2,079 | -€682 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €44,770 | €49,452 | +€4,682 | +10.5% |
| Income taxes | 67/77 | €14,245 | €14,922 | +€677 | +4.8% |
| Profit (loss) for the period | 9904 | €30,525 | €34,530 | +€4,005 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,525 | €34,530 | +€4,005 | +13.1% |
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 27 October 2026 via checked.be.