ALUGLAS: what changed
ALUGLAS
Largest movements
- Receivables within one year +€218,646
up €218,646 (+348%), from €62,814 to €281,460
of which Trade receivables: +€218,646
- Cash -€120,803
down €120,803 (-66.2%), from €182,504 to €61,701
mainly Receivables within one year (-€218,646) and Deferred charges and accrued income (-€49)
- Tangible fixed assets -€8,946
down €8,946 (-36.0%), from €24,874 to €15,928
of which Furniture and vehicles: -€8,946
- Stocks and contracts -€5,573
down €5,573 (-11.4%), from €48,877 to €43,304
- Other debts +€32,243
new in 2025: €32,243
- Tax, wage and social debts +€23,781
up €23,781 (+17.2%), from €138,046 to €161,827
of which Taxes: +€17,883
- Profit (loss) carried forward +€16,369
up €16,369 (+32.7%), from €49,985 to €66,354
- Trade debts +€10,979
up €10,979 (+19.1%), from €57,485 to €68,464
- Gross operating margin +€164,452
up €164,452 (+15.5%), from €1.1m to €1.2m
- Staff costs -€22,196
down €22,196 (-2.0%), from €1.1m to €1.1m
- Taxes +€13,085
up €13,085 (+469%), from €2,789 to €15,874
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,437 | €415,809 | +€83,372 | +25.1% |
| Fixed assets | 21/28 | €37,374 | €28,428 | -€8,946 | -23.9% |
| Tangible fixed assets | 22/27 | €24,874 | €15,928 | -€8,946 | -36.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €24,874 | €15,928 | -€8,946 | -36.0% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €295,063 | €387,381 | +€92,318 | +31.3% |
| Stocks and contracts in progress | 3 | €48,877 | €43,304 | -€5,573 | -11.4% |
| Stocks | 30/36 | €48,877 | €43,304 | -€5,573 | -11.4% |
| Amounts receivable within one year | 40/41 | €62,814 | €281,460 | +€218,646 | +348% |
| Trade receivables | 40 | €62,814 | €281,460 | +€218,646 | +348% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €182,504 | €61,701 | -€120,803 | -66.2% |
| Deferred charges and accrued income | 490/1 | €867 | €916 | +€49 | +5.7% |
| Total equity and liabilities | 10/49 | €332,437 | €415,809 | +€83,372 | +25.1% |
| Equity | 10/15 | €136,906 | €153,275 | +€16,369 | +12.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €24,947 | €24,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,985 | €66,354 | +€16,369 | +32.7% |
| Amounts payable | 17/49 | €195,531 | €262,534 | +€67,003 | +34.3% |
| Amounts payable within one year | 42/48 | €195,531 | €262,534 | +€67,003 | +34.3% |
| Trade debts | 44 | €57,485 | €68,464 | +€10,979 | +19.1% |
| Suppliers | 440/4 | €57,485 | €68,464 | +€10,979 | +19.1% |
| Taxes, remuneration and social security | 45 | €138,046 | €161,827 | +€23,781 | +17.2% |
| Taxes | 450/3 | €24,576 | €42,458 | +€17,883 | +72.8% |
| Remuneration and social security | 454/9 | €113,471 | €119,369 | +€5,899 | +5.2% |
| Other amounts payable | 47/48 | - | €32,243 | +€32,243 | |
| Non-recurring operating income | 76A | €1,150 | €0 | -€1,150 | -100% |
| Remuneration, social security and pensions | 62 | €1,101,022 | €1,078,826 | -€22,196 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,946 | +€8,946 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,770 | €0 | +€6,770 | |
| Other operating charges | 640/8 | €5,688 | €14,337 | +€8,649 | +152% |
| Non-recurring operating charges | 66A | - | €82,243 | +€82,243 | |
| Gross operating margin | 9900 | €1,059,231 | €1,223,683 | +€164,452 | +15.5% |
| Operating profit (loss) | 9901 | -€40,710 | €39,331 | +€80,040 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,678 | €7,088 | +€2,410 | +51.5% |
| Recurring financial charges | 65 | €4,678 | €7,088 | +€2,410 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€45,387 | €32,243 | +€77,630 | |
| Income taxes | 67/77 | €2,789 | €15,874 | +€13,085 | +469% |
| Profit (loss) for the period | 9904 | -€48,176 | €16,369 | +€64,546 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,176 | €16,369 | +€64,546 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.