AluNova: 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.
AluNova
Largest movements
- Cash +€57,906
up €57,906 (+190%), from €30,519 to €88,424
mainly Net result for the year (+€81,351) and Tax, wage and social debts (+€10,614)
- Receivables within one year +€39,812
up €39,812 (+247%), from €16,092 to €55,904
- Tangible fixed assets -€4,755
down €4,755 (-17.4%), from €27,251 to €22,496
of which Furniture and vehicles: -€6,191
- Profit (loss) carried forward +€80,518
up €80,518 (+214%), from €37,660 to €118,179
- Tax, wage and social debts +€10,614
up €10,614 (+103%), from €10,278 to €20,892
- Gross operating margin +€57,123
up €57,123 (+112%), from €51,193 to €108,316
- Taxes +€11,251
up €11,251 (+117%), from €9,607 to €20,858
- Depreciation +€3,595
up €3,595 (+125%), from €2,875 to €6,470
- Financial income +€1,887
new in 2025: €1,887
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.
Derived cash bridge
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 | €74,911 | €167,621 | +€92,711 | +124% |
| Fixed assets | 21/28 | €27,251 | €22,496 | -€4,755 | -17.4% |
| Tangible fixed assets | 22/27 | €27,251 | €22,496 | -€4,755 | -17.4% |
| Plant, machinery and equipment | 23 | - | €1,436 | +€1,436 | |
| Furniture and vehicles | 24 | €27,251 | €21,060 | -€6,191 | -22.7% |
| Current assets | 29/58 | €47,660 | €145,125 | +€97,466 | +205% |
| Amounts receivable within one year | 40/41 | €16,092 | €55,904 | +€39,812 | +247% |
| Other amounts receivable | 41 | €16,092 | €55,904 | +€39,812 | +247% |
| Cash at bank and in hand | 54/58 | €30,519 | €88,424 | +€57,906 | +190% |
| Deferred charges and accrued income | 490/1 | €1,049 | €797 | -€252 | -24.1% |
| Total equity and liabilities | 10/49 | €74,911 | €167,621 | +€92,711 | +124% |
| Equity | 10/15 | €37,760 | €118,279 | +€80,518 | +213% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,660 | €118,179 | +€80,518 | +214% |
| Amounts payable | 17/49 | €37,150 | €49,343 | +€12,192 | +32.8% |
| Amounts payable within one year | 42/48 | €37,150 | €49,343 | +€12,192 | +32.8% |
| Trade debts | 44 | €26,872 | €27,617 | +€745 | +2.8% |
| Suppliers | 440/4 | €26,872 | €27,617 | +€745 | +2.8% |
| Taxes, remuneration and social security | 45 | €10,278 | €20,892 | +€10,614 | +103% |
| Taxes | 450/3 | €10,278 | €20,892 | +€10,614 | +103% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,875 | €6,470 | +€3,595 | +125% |
| Other operating charges | 640/8 | €446 | €306 | -€140 | -31.3% |
| Gross operating margin | 9900 | €51,193 | €108,316 | +€57,123 | +112% |
| Operating profit (loss) | 9901 | €47,873 | €101,540 | +€53,667 | +112% |
| Financial income | 75/76B | - | €1,887 | +€1,887 | |
| Recurring financial income | 75 | - | €1,887 | +€1,887 | |
| Financial charges | 65/66B | €606 | €1,217 | +€612 | +101% |
| Recurring financial charges | 65 | €606 | €1,217 | +€612 | +101% |
| Profit (loss) for the period before taxes | 9903 | €47,267 | €102,210 | +€54,942 | +116% |
| Income taxes | 67/77 | €9,607 | €20,858 | +€11,251 | +117% |
| Profit (loss) for the period | 9904 | €37,660 | €81,351 | +€43,691 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €37,660 | €81,351 | +€43,691 | +116% |
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 19 October 2026 via checked.be.