ALU - TOOLS: what changed
Two fiscal 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 - TOOLS
Largest movements
- Cash +€78,354
up €78,354 (+10269.2%), from €763 to €79,117
mainly Net result for the year (+€40,976) and Receivables within one year (+€36,570)
- Receivables within one year -€36,570
down €36,570 (-56.7%), from €64,443 to €27,873
of which Trade receivables: -€36,450
- Tangible fixed assets -€10,549
down €10,549 (-3.7%), from €287,972 to €277,423
of which Furniture and vehicles: -€8,574
- Profit (loss) carried forward +€27,040
no longer reported in 2025 (was -€27,040)
- Reserves +€13,103
up €13,103 (+19.7%), from €66,656 to €79,759
of which Distributable reserves: +€19,920
- Current portion of long-term debt -€11,019
no longer reported in 2025 (was €11,019)
- Gross operating margin +€55,790
up €55,790 (+66.8%), from €83,508 to €139,298
- Taxes +€9,074
up €9,074 (+2375.4%), from €382 to €9,456
- Staff costs +€5,754
up €5,754 (+10.5%), from €54,743 to €60,497
- Other operating charges +€3,432
up €3,432 (+45.9%), from €7,470 to €10,902
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.
Cash bridge derived
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 | €363,913 | €392,827 | +€28,914 | +7.9% |
| Fixed assets | 21/28 | €287,977 | €277,428 | -€10,549 | -3.7% |
| Tangible fixed assets | 22/27 | €287,972 | €277,423 | -€10,549 | -3.7% |
| Land and buildings | 22 | €251,782 | €251,782 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,798 | €6,823 | -€1,975 | -22.4% |
| Furniture and vehicles | 24 | €27,392 | €18,818 | -€8,574 | -31.3% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €75,936 | €115,399 | +€39,463 | +52.0% |
| Stocks and contracts in progress | 3 | €6,235 | €4,758 | -€1,477 | -23.7% |
| Stocks | 30/36 | €4,735 | €3,258 | -€1,477 | -31.2% |
| Contracts in progress | 37 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,443 | €27,873 | -€36,570 | -56.7% |
| Trade receivables | 40 | €64,309 | €27,859 | -€36,450 | -56.7% |
| Other amounts receivable | 41 | €134 | €14 | -€120 | -89.6% |
| Current investments | 50/53 | €135 | €135 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €763 | €79,117 | +€78,354 | +10269.2% |
| Deferred charges and accrued income | 490/1 | €4,360 | €3,516 | -€844 | -19.4% |
| Total equity and liabilities | 10/49 | €363,913 | €392,827 | +€28,914 | +7.9% |
| Equity | 10/15 | €307,787 | €347,930 | +€40,143 | +13.0% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €66,656 | €79,759 | +€13,103 | +19.7% |
| Non-distributable reserves | 130/1 | €6,817 | - | -€6,817 | |
| Reserves not available under the articles | 1311 | €6,817 | - | -€6,817 | |
| Distributable reserves | 133 | €59,839 | €79,759 | +€19,920 | +33.3% |
| Profit (loss) carried forward | 14 | -€27,040 | - | +€27,040 | |
| Amounts payable | 17/49 | €56,126 | €44,897 | -€11,229 | -20.0% |
| Amounts payable within one year | 42/48 | €56,126 | €44,897 | -€11,229 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €11,019 | - | -€11,019 | |
| Trade debts | 44 | €5,585 | €7,371 | +€1,786 | +32.0% |
| Suppliers | 440/4 | €5,585 | €7,371 | +€1,786 | +32.0% |
| Taxes, remuneration and social security | 45 | €16,535 | €14,745 | -€1,790 | -10.8% |
| Taxes | 450/3 | €12,837 | €10,592 | -€2,245 | -17.5% |
| Remuneration and social security | 454/9 | €3,698 | €4,153 | +€455 | +12.3% |
| Other amounts payable | 47/48 | €22,987 | €22,781 | -€206 | -0.9% |
| Remuneration, social security and pensions | 62 | €54,743 | €60,497 | +€5,754 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,559 | €11,992 | -€567 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €895 | +€895 | |
| Other operating charges | 640/8 | €7,470 | €10,902 | +€3,432 | +45.9% |
| Gross operating margin | 9900 | €83,508 | €139,298 | +€55,790 | +66.8% |
| Operating profit (loss) | 9901 | €8,736 | €55,012 | +€46,276 | +529.7% |
| Financial income | 75/76B | €3 | €6 | +€3 | +100.0% |
| Recurring financial income | 75 | €3 | €6 | +€3 | +100.0% |
| Financial charges | 65/66B | €4,396 | €4,586 | +€190 | +4.3% |
| Recurring financial charges | 65 | €4,396 | €4,586 | +€190 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €4,343 | €50,432 | +€46,089 | +1061.2% |
| Income taxes | 67/77 | €382 | €9,456 | +€9,074 | +2375.4% |
| Profit (loss) for the period | 9904 | €3,961 | €40,976 | +€37,015 | +934.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,961 | €40,976 | +€37,015 | +934.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.