ALUMAC 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.
What changed
ALUMAC CONSTRUCT
NACE 29.100, Manufacture of motor vehicles, trailers and semi-trailers
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.8m
2024 · €1.8m+€1.0m
Equity
€5.0m
2024 · €2.2m+€2.8m
Cash
€1.4m
2024 · €1.4m-€32,638
Balance sheet total
€13.2m
2024 · €11.5m+€1.7m
Largest movements
Assets
- Receivables after one year +€1.5m
new in 2025: €1.5m
- Receivables within one year +€489,348
up €489,348 (+8.1%), from €6.1m to €6.6m
of which Trade receivables: +€1.4m
- Stocks and contracts -€445,093
down €445,093 (-16.3%), from €2.7m to €2.3m
of which Stocks: -€282,728
Equity and liabilities
- Reserves +€2.8m
up €2.8m (+127.4%), from €2.2m to €5.0m
of which Distributable reserves: +€1.9m
- Other debts -€1.5m
down €1.5m (-54.7%), from €2.8m to €1.3m
- Short-term financial debts +€1.3m
up €1.3m (+1166.8%), from €112,897 to €1.4m
- Trade debts -€686,308
down €686,308 (-13.7%), from €5.0m to €4.3m
- Tax, wage and social debts -€314,026
down €314,026 (-33.9%), from €926,071 to €612,045
of which Taxes: -€386,822
Income statement
- Other operating income +€1.5m
up €1.5m (+724.7%), from €211,352 to €1.7m
- Goods and materials -€866,341
down €866,341 (-3.8%), from €22.9m to €22.1m
of which Change in stocks: decrease (increase): -€1.6m
- Staff costs +€596,829
up €596,829 (+22.9%), from €2.6m to €3.2m
- Taxes +€539,731
up €539,731 (+128.4%), from €420,383 to €960,113
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.
Result 2024
€1.8m
Turnover
-€140,005
Other operating income
+€1.5m
Goods and materials
+€866,341
Services and other goods
-€102,022
Staff costs
-€596,829
Depreciation
-€71,888
Write-downs
+€2,565
Other operating charges
-€4,332
Other operating items
+€58,061
Financial income
+€17,981
Financial charges
+€23,576
Taxes
-€539,731
Result 2025
€2.8m
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.
From operations
-€1.2m
Investment
-€419,910
Financing
+€1.5m
Cash 2024
€1.4m
From operations (derived)
-€1.2m
Net result for the year
+€2.8m
Depreciation
+€331,554
Receivables after one year
-€1.5m
Stocks and contracts
+€445,093
Receivables within one year
-€489,348
Deferred charges and accrued income
-€91,535
Trade debts
-€686,308
Tax, wage and social debts
-€314,026
Advances received
-€90,720
Other debts
-€1.5m
Accrued charges and deferred income
+€10,725
Investment (derived)
-€419,910
Investment in fixed assets (net)
-€419,910
Financing
+€1.5m
Debts after one year
+€108,481
Current portion of long-term debt
+€121,970
Short-term financial debts
+€1.3m
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,477,686 | €13,216,038 | +€1.7m | +15.1% |
| Fixed assets | 21/28 | €1,223,423 | €1,311,780 | +€88,357 | +7.2% |
| Tangible fixed assets | 22/27 | €1,223,018 | €1,311,240 | +€88,222 | +7.2% |
| Land and buildings | 22 | €381,442 | €389,891 | +€8,448 | +2.2% |
| Plant, machinery and equipment | 23 | €360,983 | €480,966 | +€119,983 | +33.2% |
| Furniture and vehicles | 24 | €293,242 | €253,370 | -€39,871 | -13.6% |
| Leasing and similar rights | 25 | €187,351 | €187,013 | -€339 | -0.2% |
| Financial fixed assets | 28 | €405 | €540 | +€135 | +33.3% |
| Other financial fixed assets | 284/8 | €405 | €540 | +€135 | +33.3% |
| Amounts receivable and cash guarantees | 285/8 | €405 | €540 | +€135 | +33.3% |
| Current assets | 29/58 | €10,254,263 | €11,904,258 | +€1.6m | +16.1% |
| Amounts receivable after more than one year | 29 | - | €1,546,843 | +€1.5m | |
| Other amounts receivable | 291 | - | €1,546,843 | +€1.5m | |
| Stocks and contracts in progress | 3 | €2,736,202 | €2,291,109 | -€445,093 | -16.3% |
| Stocks | 30/36 | €2,138,796 | €1,856,068 | -€282,728 | -13.2% |
| Raw materials and consumables | 30/31 | €2,138,796 | €1,856,068 | -€282,728 | -13.2% |
| Contracts in progress | 37 | €597,406 | €435,041 | -€162,365 | -27.2% |
| Amounts receivable within one year | 40/41 | €6,065,499 | €6,554,847 | +€489,348 | +8.1% |
| Trade receivables | 40 | €3,510,307 | €4,923,764 | +€1.4m | +40.3% |
| Other amounts receivable | 41 | €2,555,192 | €1,631,082 | -€924,110 | -36.2% |
| Cash at bank and in hand | 54/58 | €1,392,616 | €1,359,978 | -€32,638 | -2.3% |
| Deferred charges and accrued income | 490/1 | €59,946 | €151,481 | +€91,535 | +152.7% |
| Total equity and liabilities | 10/49 | €11,477,686 | €13,216,038 | +€1.7m | +15.1% |
| Equity | 10/15 | €2,225,803 | €5,042,938 | +€2.8m | +126.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,193,805 | €4,989,802 | +€2.8m | +127.4% |
| Tax-exempt reserves | 132 | €593,805 | €1,489,802 | +€895,997 | +150.9% |
| Distributable reserves | 133 | €1,600,000 | €3,500,000 | +€1.9m | +118.8% |
| Profit (loss) carried forward | 14 | €13,407 | €34,544 | +€21,137 | +157.7% |
| Amounts payable | 17/49 | €9,251,882 | €8,173,100 | -€1.1m | -11.7% |
| Amounts payable after more than one year | 17 | €218,231 | €326,712 | +€108,481 | +49.7% |
| Financial debts | 170/4 | €218,231 | €326,712 | +€108,481 | +49.7% |
| Leasing and similar obligations | 172 | €114,471 | €95,252 | -€19,220 | -16.8% |
| Credit institutions | 173 | €103,760 | €231,461 | +€127,701 | +123.1% |
| Amounts payable within one year | 42/48 | €9,033,626 | €7,835,638 | -€1.2m | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €80,059 | €202,029 | +€121,970 | +152.4% |
| Financial debts | 43 | €112,897 | €1,430,186 | +€1.3m | +1166.8% |
| Credit institutions | 430/8 | €112,897 | €1,430,186 | +€1.3m | +1166.8% |
| Trade debts | 44 | €4,999,524 | €4,313,216 | -€686,308 | -13.7% |
| Suppliers | 440/4 | €4,999,524 | €4,313,216 | -€686,308 | -13.7% |
| Advances received on contracts in progress | 46 | €90,720 | €0 | -€90,720 | -100.0% |
| Taxes, remuneration and social security | 45 | €926,071 | €612,045 | -€314,026 | -33.9% |
| Taxes | 450/3 | €552,810 | €165,988 | -€386,822 | -70.0% |
| Remuneration and social security | 454/9 | €373,261 | €446,057 | +€72,796 | +19.5% |
| Other amounts payable | 47/48 | €2,824,355 | €1,278,161 | -€1.5m | -54.7% |
| Accrued charges and deferred income | 492/3 | €25 | €10,750 | +€10,725 | +43070.7% |
| Operating income | 70/76A | €30,937,165 | €32,384,895 | +€1.4m | +4.7% |
| Turnover | 70 | €30,939,980 | €30,799,974 | -€140,005 | -0.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€218,907 | -€162,365 | +€56,543 | +25.8% |
| Other operating income | 74 | €211,352 | €1,742,981 | +€1.5m | +724.7% |
| Non-recurring operating income | 76A | €4,741 | €4,305 | -€436 | -9.2% |
| Operating charges | 60/66A | €28,671,235 | €28,575,445 | -€95,790 | -0.3% |
| Goods for resale, raw materials and consumables | 60 | €22,920,089 | €22,053,749 | -€866,341 | -3.8% |
| Purchases | 600/8 | €21,046,741 | €21,771,021 | +€724,280 | +3.4% |
| Change in stocks: decrease (increase) | 609 | €1,873,348 | €282,728 | -€1.6m | -84.9% |
| Services and other goods | 61 | €2,849,208 | €2,951,229 | +€102,022 | +3.6% |
| Remuneration, social security and pensions | 62 | €2,611,088 | €3,207,917 | +€596,829 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €259,665 | €331,554 | +€71,888 | +27.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,092 | €5,527 | -€2,565 | -31.7% |
| Other operating charges | 640/8 | €21,139 | €25,470 | +€4,332 | +20.5% |
| Non-recurring operating charges | 66A | €1,954 | €0 | -€1,954 | -100.0% |
| Operating profit (loss) | 9901 | €2,265,930 | €3,809,450 | +€1.5m | +68.1% |
| Financial income | 75/76B | €38,528 | €56,508 | +€17,981 | +46.7% |
| Recurring financial income | 75 | €38,528 | €56,508 | +€17,981 | +46.7% |
| Income from current assets | 751 | €26,758 | €54,844 | +€28,086 | +105.0% |
| Other financial income | 752/9 | €11,770 | €1,664 | -€10,106 | -85.9% |
| Financial charges | 65/66B | €112,286 | €88,710 | -€23,576 | -21.0% |
| Recurring financial charges | 65 | €112,286 | €88,710 | -€23,576 | -21.0% |
| Debt charges | 650 | €103,747 | €81,422 | -€22,325 | -21.5% |
| Other financial charges | 652/9 | €8,539 | €7,288 | -€1,251 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €2,192,172 | €3,777,248 | +€1.6m | +72.3% |
| Income taxes | 67/77 | €420,383 | €960,113 | +€539,731 | +128.4% |
| Taxes | 670/3 | €420,383 | €960,113 | +€539,731 | +128.4% |
| Profit (loss) for the period | 9904 | €1,771,789 | €2,817,135 | +€1.0m | +59.0% |
| Transfer to tax-exempt reserves | 689 | €589,400 | €895,997 | +€306,597 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,182,389 | €1,921,137 | +€738,748 | +62.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.