AluDesign Construct: 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.
AluDesign Construct
Largest movements
- Cash +€17,444
up €17,444 (+150.5%), from €11,589 to €29,033
mainly Depreciation (+€24,813) and Trade debts (+€14,843)
- Receivables within one year -€9,805
down €9,805 (-30.1%), from €32,582 to €22,777
of which Trade receivables: -€8,467
- Stocks and contracts +€8,074
up €8,074 (+135.7%), from €5,950 to €14,024
of which Contracts in progress: +€7,000
- Tangible fixed assets +€5,410
up €5,410 (+19.5%), from €27,781 to €33,191
of which Furniture and vehicles: +€7,204
- Trade debts +€14,843
up €14,843 (+355.3%), from €4,178 to €19,021
- Debts after one year +€13,621
up €13,621 (+1319.9%), from €1,032 to €14,653
- Current portion of long-term debt -€9,488
down €9,488 (-56.9%), from €16,672 to €7,184
- Tax, wage and social debts +€1,990
up €1,990 (+33.5%), from €5,940 to €7,930
of which Remuneration and social security: +€3,609
- Gross operating margin -€42,900
down €42,900 (-33.0%), from €129,954 to €87,054
- Staff costs +€8,159
up €8,159 (+15.6%), from €52,354 to €60,513
- Depreciation +€4,236
up €4,236 (+20.6%), from €20,577 to €24,813
- Other operating charges -€1,496
down €1,496 (-78.9%), from €1,896 to €400
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 | €84,450 | €105,702 | +€21,252 | +25.2% |
| Fixed assets | 21/28 | €28,258 | €33,668 | +€5,410 | +19.1% |
| Tangible fixed assets | 22/27 | €27,781 | €33,191 | +€5,410 | +19.5% |
| Plant, machinery and equipment | 23 | €8,186 | €6,392 | -€1,794 | -21.9% |
| Furniture and vehicles | 24 | €19,595 | €26,799 | +€7,204 | +36.8% |
| Financial fixed assets | 28 | €477 | €477 | = | 0.0% |
| Current assets | 29/58 | €56,192 | €72,034 | +€15,842 | +28.2% |
| Stocks and contracts in progress | 3 | €5,950 | €14,024 | +€8,074 | +135.7% |
| Stocks | 30/36 | €5,950 | €7,024 | +€1,074 | +18.1% |
| Contracts in progress | 37 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | €32,582 | €22,777 | -€9,805 | -30.1% |
| Trade receivables | 40 | €26,550 | €18,083 | -€8,467 | -31.9% |
| Other amounts receivable | 41 | €6,032 | €4,694 | -€1,338 | -22.2% |
| Cash at bank and in hand | 54/58 | €11,589 | €29,033 | +€17,444 | +150.5% |
| Deferred charges and accrued income | 490/1 | €6,071 | €6,200 | +€129 | +2.1% |
| Total equity and liabilities | 10/49 | €84,450 | €105,702 | +€21,252 | +25.2% |
| Equity | 10/15 | €56,628 | €56,914 | +€286 | +0.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,128 | €29,414 | +€286 | +1.0% |
| Amounts payable | 17/49 | €27,822 | €48,788 | +€20,966 | +75.4% |
| Amounts payable after more than one year | 17 | €1,032 | €14,653 | +€13,621 | +1319.9% |
| Financial debts | 170/4 | €1,032 | €14,653 | +€13,621 | +1319.9% |
| Amounts payable within one year | 42/48 | €26,790 | €34,135 | +€7,345 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €16,672 | €7,184 | -€9,488 | -56.9% |
| Trade debts | 44 | €4,178 | €19,021 | +€14,843 | +355.3% |
| Suppliers | 440/4 | €4,178 | €19,021 | +€14,843 | +355.3% |
| Taxes, remuneration and social security | 45 | €5,940 | €7,930 | +€1,990 | +33.5% |
| Taxes | 450/3 | €5,012 | €3,393 | -€1,619 | -32.3% |
| Remuneration and social security | 454/9 | €928 | €4,537 | +€3,609 | +388.9% |
| Remuneration, social security and pensions | 62 | €52,354 | €60,513 | +€8,159 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,577 | €24,813 | +€4,236 | +20.6% |
| Other operating charges | 640/8 | €1,896 | €400 | -€1,496 | -78.9% |
| Gross operating margin | 9900 | €129,954 | €87,054 | -€42,900 | -33.0% |
| Operating profit (loss) | 9901 | €55,127 | €1,328 | -€53,799 | -97.6% |
| Financial income | 75/76B | €149 | €146 | -€3 | -2.0% |
| Recurring financial income | 75 | €149 | €146 | -€3 | -2.0% |
| Financial charges | 65/66B | €1,504 | €1,188 | -€316 | -21.0% |
| Recurring financial charges | 65 | €1,504 | €1,188 | -€316 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €53,772 | €286 | -€53,486 | -99.5% |
| Profit (loss) for the period | 9904 | €53,772 | €286 | -€53,486 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,772 | €286 | -€53,486 | -99.5% |
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 10 October 2026 via checked.be.