Alumic: 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.
Alumic
Largest movements
- Tangible fixed assets +€44,162
up €44,162 (+309.2%), from €14,282 to €58,443
of which Furniture and vehicles: +€44,246
- Cash -€26,625
down €26,625 (-37.1%), from €71,767 to €45,142
mainly Investment in fixed assets (net) (-€54,269) and Contributions, distributions and other (-€7,407)
- Receivables within one year -€13,683
down €13,683 (-50.4%), from €27,124 to €13,441
of which Trade receivables: -€19,344
- Stocks and contracts +€1,770
up €1,770 (+59.9%), from €2,956 to €4,726
- Reserves +€7,372
up €7,372 (+7.0%), from €105,737 to €113,110
of which Distributable reserves: +€7,372
- Trade debts -€1,663
down €1,663 (-31.5%), from €5,272 to €3,609
- Gross operating margin -€25,143
down €25,143 (-20.9%), from €120,227 to €95,084
- Taxes -€10,705
down €10,705 (-70.6%), from €15,163 to €4,459
- Depreciation +€6,108
up €6,108 (+152.7%), from €3,999 to €10,107
- Staff costs +€1,957
up €1,957 (+3.0%), from €64,458 to €66,415
- Financial income -€1,448
down €1,448 (-46.9%), from €3,085 to €1,638
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 | €116,129 | €121,840 | +€5,712 | +4.9% |
| Fixed assets | 21/28 | €14,282 | €58,443 | +€44,162 | +309.2% |
| Tangible fixed assets | 22/27 | €14,282 | €58,443 | +€44,162 | +309.2% |
| Plant, machinery and equipment | 23 | €3,182 | €4,446 | +€1,264 | +39.7% |
| Furniture and vehicles | 24 | €3,041 | €47,286 | +€44,246 | +1455.0% |
| Other tangible fixed assets | 26 | €8,059 | €6,711 | -€1,348 | -16.7% |
| Current assets | 29/58 | €101,847 | €63,397 | -€38,450 | -37.8% |
| Stocks and contracts in progress | 3 | €2,956 | €4,726 | +€1,770 | +59.9% |
| Stocks | 30/36 | €2,956 | €4,726 | +€1,770 | +59.9% |
| Amounts receivable within one year | 40/41 | €27,124 | €13,441 | -€13,683 | -50.4% |
| Trade receivables | 40 | €24,194 | €4,849 | -€19,344 | -80.0% |
| Other amounts receivable | 41 | €2,930 | €8,591 | +€5,661 | +193.2% |
| Cash at bank and in hand | 54/58 | €71,767 | €45,142 | -€26,625 | -37.1% |
| Deferred charges and accrued income | 490/1 | - | €89 | +€89 | |
| Total equity and liabilities | 10/49 | €116,129 | €121,840 | +€5,712 | +4.9% |
| Equity | 10/15 | €105,737 | €113,110 | +€7,372 | +7.0% |
| Reserves | 13 | €105,737 | €113,110 | +€7,372 | +7.0% |
| Tax-exempt reserves | 132 | €279 | €279 | = | 0.0% |
| Distributable reserves | 133 | €105,458 | €112,831 | +€7,372 | +7.0% |
| Amounts payable | 17/49 | €10,392 | €8,731 | -€1,661 | -16.0% |
| Amounts payable within one year | 42/48 | €10,392 | €8,731 | -€1,661 | -16.0% |
| Trade debts | 44 | €5,272 | €3,609 | -€1,663 | -31.5% |
| Suppliers | 440/4 | €5,272 | €3,609 | -€1,663 | -31.5% |
| Taxes, remuneration and social security | 45 | €5,120 | €5,122 | +€2 | 0.0% |
| Taxes | 450/3 | €5,120 | €5,122 | +€2 | 0.0% |
| Remuneration, social security and pensions | 62 | €64,458 | €66,415 | +€1,957 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,999 | €10,107 | +€6,108 | +152.7% |
| Other operating charges | 640/8 | €1,456 | €895 | -€561 | -38.5% |
| Gross operating margin | 9900 | €120,227 | €95,084 | -€25,143 | -20.9% |
| Operating profit (loss) | 9901 | €50,313 | €17,667 | -€32,646 | -64.9% |
| Financial income | 75/76B | €3,085 | €1,638 | -€1,448 | -46.9% |
| Recurring financial income | 75 | €3,085 | €1,638 | -€1,448 | -46.9% |
| Financial charges | 65/66B | €587 | €67 | -€520 | -88.6% |
| Recurring financial charges | 65 | €159 | €67 | -€92 | -57.8% |
| Non-recurring financial charges | 66B | €428 | - | -€428 | |
| Profit (loss) for the period before taxes | 9903 | €52,811 | €19,238 | -€33,574 | -63.6% |
| Income taxes | 67/77 | €15,163 | €4,459 | -€10,705 | -70.6% |
| Profit (loss) for the period | 9904 | €37,648 | €14,779 | -€22,869 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,648 | €14,779 | -€22,869 | -60.7% |
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.