ALUBERT: 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.
ALUBERT
Largest movements
- Receivables within one year +€57,434
up €57,434 (+681%), from €8,429 to €65,863
of which Trade receivables: +€63,000
- Debts after one year -€185,012
down €185,012 (-15.7%), from €1.2m to €991,312
- Other debts +€130,023
up €130,023 (+37.1%), from €350,302 to €480,325
- Trade debts +€73,140
up €73,140 (+499%), from €14,644 to €87,783
- Reserves +€27,124
up €27,124 (+3.6%), from €752,498 to €779,622
of which Distributable reserves: +€27,124
- Gross operating margin +€32,287
up €32,287 (+48.0%), from €67,232 to €99,519
- Purchases and services -€32,287
down €32,287 (-28.6%), from €112,768 to €80,481
- Taxes +€11,832
up €11,832, from -€2,695 to €9,137
- Other operating charges -€10,013
down €10,013 (-38.9%), from €25,726 to €15,713
- Financial charges +€7,023
up €7,023 (+19.0%), from €37,022 to €44,045
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 | €2,525,844 | €2,573,897 | +€48,053 | +1.9% |
| Fixed assets | 21/28 | €2,500,137 | €2,496,637 | -€3,499 | -0.1% |
| Tangible fixed assets | 22/27 | €43,599 | €40,099 | -€3,499 | -8.0% |
| Land and buildings | 22 | €42,125 | €39,362 | -€2,762 | -6.6% |
| Plant, machinery and equipment | 23 | €1,474 | €737 | -€737 | -50.0% |
| Financial fixed assets | 28 | €2,456,538 | €2,456,538 | = | 0.0% |
| Current assets | 29/58 | €25,707 | €77,260 | +€51,553 | +201% |
| Amounts receivable within one year | 40/41 | €8,429 | €65,863 | +€57,434 | +681% |
| Trade receivables | 40 | €0 | €63,000 | +€63,000 | |
| Other amounts receivable | 41 | €8,429 | €2,863 | -€5,566 | -66.0% |
| Cash at bank and in hand | 54/58 | €16,487 | €10,600 | -€5,887 | -35.7% |
| Deferred charges and accrued income | 490/1 | €792 | €798 | +€6 | +0.8% |
| Total equity and liabilities | 10/49 | €2,525,844 | €2,573,897 | +€48,053 | +1.9% |
| Equity | 10/15 | €782,341 | €809,465 | +€27,124 | +3.5% |
| Contributions | 10/11 | €29,843 | €29,843 | = | 0.0% |
| Reserves | 13 | €752,498 | €779,622 | +€27,124 | +3.6% |
| Non-distributable reserves | 130/1 | €13,524 | €13,524 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,524 | €13,524 | = | 0.0% |
| Distributable reserves | 133 | €738,974 | €766,098 | +€27,124 | +3.7% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,723,503 | €1,744,432 | +€20,929 | +1.2% |
| Amounts payable after more than one year | 17 | €1,176,324 | €991,312 | -€185,012 | -15.7% |
| Financial debts | 170/4 | €1,176,324 | €991,312 | -€185,012 | -15.7% |
| Amounts payable within one year | 42/48 | €546,981 | €753,120 | +€206,139 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €182,035 | €185,012 | +€2,977 | +1.6% |
| Trade debts | 44 | €14,644 | €87,783 | +€73,140 | +499% |
| Suppliers | 440/4 | €14,644 | €87,783 | +€73,140 | +499% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €350,302 | €480,325 | +€130,023 | +37.1% |
| Accrued charges and deferred income | 492/3 | €198 | €0 | -€198 | -100% |
| Turnover | 70 | €180,000 | €180,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €112,768 | €80,481 | -€32,287 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,499 | €3,499 | = | 0.0% |
| Other operating charges | 640/8 | €25,726 | €15,713 | -€10,013 | -38.9% |
| Gross operating margin | 9900 | €67,232 | €99,519 | +€32,287 | +48.0% |
| Operating profit (loss) | 9901 | €38,006 | €80,306 | +€42,300 | +111% |
| Financial income | 75/76B | €0 | €1 | +€0 | +67.6% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +67.6% |
| Financial charges | 65/66B | €37,022 | €44,045 | +€7,023 | +19.0% |
| Recurring financial charges | 65 | €37,022 | €44,045 | +€7,023 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €984 | €36,261 | +€35,277 | +3,584% |
| Income taxes | 67/77 | -€2,695 | €9,137 | +€11,832 | |
| Profit (loss) for the period | 9904 | €3,679 | €27,124 | +€23,445 | +637% |
| Profit (loss) for the period to be appropriated | 9905 | €3,679 | €27,124 | +€23,445 | +637% |
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 17 October 2026 via checked.be.