ALUMES: 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.
ALUMES
Largest movements
- Stocks and contracts +€71,037
up €71,037 (+61.3%), from €115,850 to €186,886
- Receivables within one year -€34,020
down €34,020 (-28.3%), from €120,059 to €86,040
of which Trade receivables: -€35,694
- Current investments +€19,163
up €19,163 (+486.3%), from €3,941 to €23,104
- Tangible fixed assets -€9,652
down €9,652 (-48.1%), from €20,053 to €10,401
of which Plant, machinery and equipment: -€5,039
- Cash +€7,508
up €7,508 (+2.6%), from €285,411 to €292,919
mainly Other debts (+€53,981) and Trade debts (+€46,496)
- Other debts +€53,981
up €53,981 (+34.2%), from €157,832 to €211,813
- Trade debts +€46,496
up €46,496 (+172.9%), from €26,895 to €73,391
- Reserves -€42,503
down €42,503 (-12.4%), from €341,704 to €299,201
of which Distributable reserves: -€42,503
- Gross operating margin -€6,320
down €6,320 (-3.3%), from €193,070 to €186,750
- Staff costs +€3,620
up €3,620 (+3.0%), from €120,993 to €124,612
- Taxes -€2,306
down €2,306 (-16.2%), from €14,265 to €11,959
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 | €560,579 | €616,964 | +€56,385 | +10.1% |
| Fixed assets | 21/28 | €25,842 | €14,838 | -€11,004 | -42.6% |
| Intangible fixed assets | 21 | €5,788 | €4,436 | -€1,352 | -23.4% |
| Tangible fixed assets | 22/27 | €20,053 | €10,401 | -€9,652 | -48.1% |
| Land and buildings | 22 | €2,790 | €1,860 | -€930 | -33.3% |
| Plant, machinery and equipment | 23 | €12,272 | €7,234 | -€5,039 | -41.1% |
| Furniture and vehicles | 24 | €4,991 | €1,308 | -€3,684 | -73.8% |
| Current assets | 29/58 | €534,737 | €602,127 | +€67,389 | +12.6% |
| Stocks and contracts in progress | 3 | €115,850 | €186,886 | +€71,037 | +61.3% |
| Stocks | 30/36 | €115,850 | €186,886 | +€71,037 | +61.3% |
| Amounts receivable within one year | 40/41 | €120,059 | €86,040 | -€34,020 | -28.3% |
| Trade receivables | 40 | €112,457 | €76,763 | -€35,694 | -31.7% |
| Other amounts receivable | 41 | €7,603 | €9,276 | +€1,674 | +22.0% |
| Current investments | 50/53 | €3,941 | €23,104 | +€19,163 | +486.3% |
| Cash at bank and in hand | 54/58 | €285,411 | €292,919 | +€7,508 | +2.6% |
| Deferred charges and accrued income | 490/1 | €9,477 | €13,178 | +€3,702 | +39.1% |
| Total equity and liabilities | 10/49 | €560,579 | €616,964 | +€56,385 | +10.1% |
| Equity | 10/15 | €361,704 | €319,201 | -€42,503 | -11.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €341,704 | €299,201 | -€42,503 | -12.4% |
| Tax-exempt reserves | 132 | €443 | €443 | = | 0.0% |
| Distributable reserves | 133 | €341,261 | €298,758 | -€42,503 | -12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €198,875 | €297,763 | +€98,888 | +49.7% |
| Amounts payable after more than one year | 17 | €759 | €0 | -€759 | -100.0% |
| Financial debts | 170/4 | €759 | €0 | -€759 | -100.0% |
| Amounts payable within one year | 42/48 | €197,668 | €297,763 | +€100,095 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €3,015 | €759 | -€2,256 | -74.8% |
| Trade debts | 44 | €26,895 | €73,391 | +€46,496 | +172.9% |
| Suppliers | 440/4 | €26,895 | €73,391 | +€46,496 | +172.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,926 | €11,800 | +€1,874 | +18.9% |
| Taxes | 450/3 | €3,872 | €5,588 | +€1,716 | +44.3% |
| Remuneration and social security | 454/9 | €6,054 | €6,212 | +€157 | +2.6% |
| Other amounts payable | 47/48 | €157,832 | €211,813 | +€53,981 | +34.2% |
| Accrued charges and deferred income | 492/3 | €448 | €0 | -€448 | -100.0% |
| Remuneration, social security and pensions | 62 | €120,993 | €124,612 | +€3,620 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,902 | €12,154 | +€252 | +2.1% |
| Other operating charges | 640/8 | €1,128 | €2,013 | +€885 | +78.4% |
| Gross operating margin | 9900 | €193,070 | €186,750 | -€6,320 | -3.3% |
| Operating profit (loss) | 9901 | €59,047 | €47,971 | -€11,076 | -18.8% |
| Financial income | 75/76B | €854 | €2,732 | +€1,877 | +219.8% |
| Recurring financial income | 75 | €854 | €2,732 | +€1,877 | +219.8% |
| Financial charges | 65/66B | €13,465 | €15,372 | +€1,907 | +14.2% |
| Recurring financial charges | 65 | €13,465 | €15,372 | +€1,907 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €46,436 | €35,330 | -€11,106 | -23.9% |
| Income taxes | 67/77 | €14,265 | €11,959 | -€2,306 | -16.2% |
| Profit (loss) for the period | 9904 | €32,171 | €23,371 | -€8,800 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,171 | €23,371 | -€8,800 | -27.4% |
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 11 October 2026 via checked.be.