ALUMATIC: 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.
What changed
ALUMATIC
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€145,673
2024 · €1.0m-€868,512
Equity
€3.5m
2024 · €3.3m+€144,166
Cash
€1.5m
2024 · €1.3m+€202,538
Balance sheet total
€9.7m
2024 · €8.4m+€1.3m
Largest movements
Assets
- Receivables within one year +€1.5m
up €1.5m (+60.2%), from €2.5m to €3.9m
of which Trade receivables: +€1.5m
- Current investments -€527,157
down €527,157 (-61.5%), from €857,743 to €330,587
- Cash +€202,538
up €202,538 (+15.9%), from €1.3m to €1.5m
mainly Trade debts (+€1.0m) and Current investments (+€527,157)
- Stocks and contracts +€97,819
up €97,819 (+6.2%), from €1.6m to €1.7m
of which Contracts in progress: +€60,662
Equity and liabilities
- Trade debts +€1.0m
up €1.0m (+61.9%), from €1.6m to €2.6m
- Advances received +€245,547
up €245,547 (+16.2%), from €1.5m to €1.8m
- Short-term financial debts -€239,367
down €239,367 (-39.8%), from €601,942 to €362,575
- Tax, wage and social debts +€193,117
up €193,117 (+54.5%), from €354,042 to €547,159
of which Remuneration and social security: +€173,654
- Profit (loss) carried forward +€145,673
up €145,673 (+6.3%), from €2.3m to €2.5m
Income statement
- Turnover +€2.9m
up €2.9m (+22.0%), from €13.2m to €16.1m
- Goods and materials +€2.4m
up €2.4m (+36.6%), from €6.6m to €9.0m
of which Purchases: +€2.3m
- Services and other goods +€692,379
up €692,379 (+31.2%), from €2.2m to €2.9m
- Other operating income +€351,906
up €351,906 (+202.8%), from €173,532 to €525,438
- Staff costs +€317,767
up €317,767 (+8.4%), from €3.8m to €4.1m
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
€1.0m
Turnover
+€2.9m
Other operating income
+€351,906
Goods and materials
-€2.4m
Services and other goods
-€692,379
Staff costs
-€317,767
Depreciation
-€29,928
Write-downs
+€3,063
Other operating charges
-€16,396
Other operating items
-€948,317
Financial income
-€16,006
Financial charges
+€19,982
Taxes
+€283,311
Result 2025
€145,673
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
+€353,769
Investment
+€121,064
Financing
-€272,294
Cash 2024
€1.3m
From operations (derived)
+€353,769
Net result for the year
+€145,673
Depreciation
+€365,721
Stocks and contracts
-€97,819
Receivables within one year
-€1.5m
Deferred charges and accrued income
-€5,414
Trade debts
+€1.0m
Tax, wage and social debts
+€193,117
Advances received
+€245,547
Other debts
-€45,000
Accrued charges and deferred income
+€21,422
Investment (derived)
+€121,064
Investment in fixed assets (net)
-€406,093
Current investments
+€527,157
Financing
-€272,294
Debts after one year
-€10,909
Current portion of long-term debt
-€20,512
Short-term financial debts
-€239,367
Contributions, distributions and other
-€1,507
Cash 2025
€1.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,388,243 | €9,690,021 | +€1.3m | +15.5% |
| Fixed assets | 21/28 | €2,165,556 | €2,205,928 | +€40,372 | +1.9% |
| Tangible fixed assets | 22/27 | €1,885,227 | €1,932,197 | +€46,970 | +2.5% |
| Land and buildings | 22 | €845,601 | €909,041 | +€63,440 | +7.5% |
| Plant, machinery and equipment | 23 | €648,640 | €553,994 | -€94,646 | -14.6% |
| Furniture and vehicles | 24 | €179,854 | €152,205 | -€27,649 | -15.4% |
| Leasing and similar rights | 25 | €211,132 | €316,956 | +€105,825 | +50.1% |
| Financial fixed assets | 28 | €280,329 | €273,731 | -€6,598 | -2.4% |
| Other financial fixed assets | 284/8 | €280,329 | €273,731 | -€6,598 | -2.4% |
| Amounts receivable and cash guarantees | 285/8 | €280,329 | €273,731 | -€6,598 | -2.4% |
| Current assets | 29/58 | €6,222,687 | €7,484,094 | +€1.3m | +20.3% |
| Stocks and contracts in progress | 3 | €1,588,180 | €1,685,999 | +€97,819 | +6.2% |
| Stocks | 30/36 | €1,325,564 | €1,362,722 | +€37,157 | +2.8% |
| Goods purchased for resale | 34 | €1,325,564 | €1,362,722 | +€37,157 | +2.8% |
| Contracts in progress | 37 | €262,616 | €323,278 | +€60,662 | +23.1% |
| Amounts receivable within one year | 40/41 | €2,463,250 | €3,946,043 | +€1.5m | +60.2% |
| Trade receivables | 40 | €2,061,595 | €3,563,528 | +€1.5m | +72.9% |
| Other amounts receivable | 41 | €401,655 | €382,515 | -€19,140 | -4.8% |
| Current investments | 50/53 | €857,743 | €330,587 | -€527,157 | -61.5% |
| Other investments | 51/53 | €857,743 | €330,587 | -€527,157 | -61.5% |
| Cash at bank and in hand | 54/58 | €1,276,510 | €1,479,049 | +€202,538 | +15.9% |
| Deferred charges and accrued income | 490/1 | €37,003 | €42,416 | +€5,414 | +14.6% |
| Total equity and liabilities | 10/49 | €8,388,243 | €9,690,021 | +€1.3m | +15.5% |
| Equity | 10/15 | €3,326,297 | €3,470,463 | +€144,166 | +4.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | €940,799 | €940,799 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €678,599 | €678,599 | = | 0.0% |
| Distributable reserves | 133 | €256,000 | €256,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,321,354 | €2,467,027 | +€145,673 | +6.3% |
| Investment grants | 15 | €2,144 | €638 | -€1,507 | -70.3% |
| Amounts payable | 17/49 | €5,061,945 | €6,219,558 | +€1.2m | +22.9% |
| Amounts payable after more than one year | 17 | €670,926 | €660,017 | -€10,909 | -1.6% |
| Financial debts | 170/4 | €670,926 | €660,017 | -€10,909 | -1.6% |
| Leasing and similar obligations | 172 | €138,955 | €222,685 | +€83,731 | +60.3% |
| Credit institutions | 173 | €531,971 | €437,332 | -€94,639 | -17.8% |
| Amounts payable within one year | 42/48 | €4,388,642 | €5,535,741 | +€1.1m | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €215,035 | €194,523 | -€20,512 | -9.5% |
| Financial debts | 43 | €601,942 | €362,575 | -€239,367 | -39.8% |
| Credit institutions | 430/8 | €601,942 | €362,575 | -€239,367 | -39.8% |
| Trade debts | 44 | €1,636,477 | €2,649,792 | +€1.0m | +61.9% |
| Suppliers | 440/4 | €1,636,477 | €2,649,792 | +€1.0m | +61.9% |
| Advances received on contracts in progress | 46 | €1,511,145 | €1,756,692 | +€245,547 | +16.2% |
| Taxes, remuneration and social security | 45 | €354,042 | €547,159 | +€193,117 | +54.5% |
| Taxes | 450/3 | - | €19,463 | +€19,463 | |
| Remuneration and social security | 454/9 | €354,042 | €527,696 | +€173,654 | +49.0% |
| Other amounts payable | 47/48 | €70,000 | €25,000 | -€45,000 | -64.3% |
| Accrued charges and deferred income | 492/3 | €2,378 | €23,800 | +€21,422 | +901.0% |
| Operating income | 70/76A | €14,607,870 | €16,699,781 | +€2.1m | +14.3% |
| Turnover | 70 | €13,212,490 | €16,113,681 | +€2.9m | +22.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€69,177 | €60,662 | +€129,838 | |
| Other operating income | 74 | €173,532 | €525,438 | +€351,906 | +202.8% |
| Non-recurring operating income | 76A | €1,291,023 | €0 | -€1.3m | -100.0% |
| Operating charges | 60/66A | €13,163,348 | €16,411,059 | +€3.2m | +24.7% |
| Goods for resale, raw materials and consumables | 60 | €6,578,811 | €8,985,984 | +€2.4m | +36.6% |
| Purchases | 600/8 | €6,719,583 | €9,023,141 | +€2.3m | +34.3% |
| Change in stocks: decrease (increase) | 609 | -€140,772 | -€37,157 | +€103,615 | +73.6% |
| Services and other goods | 61 | €2,219,057 | €2,911,436 | +€692,379 | +31.2% |
| Remuneration, social security and pensions | 62 | €3,777,645 | €4,095,412 | +€317,767 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,793 | €365,721 | +€29,928 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,063 | €0 | -€3,063 | -100.0% |
| Other operating charges | 640/8 | €34,159 | €50,555 | +€16,396 | +48.0% |
| Non-recurring operating charges | 66A | €214,819 | €1,951 | -€212,868 | -99.1% |
| Operating profit (loss) | 9901 | €1,444,522 | €288,723 | -€1.2m | -80.0% |
| Financial income | 75/76B | €69,070 | €53,064 | -€16,006 | -23.2% |
| Recurring financial income | 75 | €69,070 | €53,064 | -€16,006 | -23.2% |
| Income from current assets | 751 | €3,613 | €7,163 | +€3,550 | +98.2% |
| Other financial income | 752/9 | €65,457 | €45,901 | -€19,556 | -29.9% |
| Financial charges | 65/66B | €121,072 | €101,090 | -€19,982 | -16.5% |
| Recurring financial charges | 65 | €121,072 | €101,090 | -€19,982 | -16.5% |
| Debt charges | 650 | €114,025 | €64,128 | -€49,897 | -43.8% |
| Other financial charges | 652/9 | €7,047 | €36,962 | +€29,915 | +424.5% |
| Profit (loss) for the period before taxes | 9903 | €1,392,520 | €240,696 | -€1.2m | -82.7% |
| Income taxes | 67/77 | €378,334 | €95,023 | -€283,311 | -74.9% |
| Taxes | 670/3 | €378,334 | €95,406 | -€282,929 | -74.8% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €383 | +€383 | |
| Profit (loss) for the period | 9904 | €1,014,185 | €145,673 | -€868,512 | -85.6% |
| Transfer from tax-exempt reserves | 789 | - | €105,250 | +€105,250 | |
| Transfer to tax-exempt reserves | 689 | €294,700 | €105,250 | -€189,450 | -64.3% |
| Profit (loss) for the period to be appropriated | 9905 | €719,485 | €145,673 | -€573,812 | -79.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.