ALURO GROUP: 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.
ALURO GROUP
Largest movements
- Cash +€504,457
up €504,457 (+356%), from €141,524 to €645,981
mainly Net result for the year (+€335,810) and Receivables within one year (+€270,177)
- Receivables within one year -€270,177
down €270,177 (-24.7%), from €1.1m to €822,879
of which Trade receivables: -€315,909
- Financial fixed assets +€100,000
up €100,000 (+7.9%), from €1.3m to €1.4m
- Tangible fixed assets -€82,228
down €82,228 (-12.9%), from €638,959 to €556,731
of which Leasing and similar rights: -€56,371
- Reserves +€335,810
up €335,810 (+9.8%), from €3.4m to €3.8m
of which Distributable reserves: +€335,810
- Financial income +€504,681
up €504,681 (+327%), from €154,337 to €659,018
- Gross operating margin -€114,987
down €114,987 (-19.9%), from €578,984 to €463,997
- Staff costs +€33,539
up €33,539 (+6.0%), from €555,022 to €588,561
- Depreciation +€16,522
up €16,522 (+16.3%), from €101,171 to €117,693
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 | €7,392,946 | €7,664,778 | +€271,833 | +3.7% |
| Fixed assets | 21/28 | €1,897,424 | €1,915,196 | +€17,772 | +0.9% |
| Tangible fixed assets | 22/27 | €638,959 | €556,731 | -€82,228 | -12.9% |
| Plant, machinery and equipment | 23 | €783 | €402 | -€381 | -48.7% |
| Furniture and vehicles | 24 | €159,819 | €141,489 | -€18,331 | -11.5% |
| Leasing and similar rights | 25 | €193,734 | €137,363 | -€56,371 | -29.1% |
| Other tangible fixed assets | 26 | €284,622 | €277,477 | -€7,145 | -2.5% |
| Financial fixed assets | 28 | €1,258,465 | €1,358,465 | +€100,000 | +7.9% |
| Current assets | 29/58 | €5,495,522 | €5,749,582 | +€254,061 | +4.6% |
| Amounts receivable after more than one year | 29 | €1,340,342 | €1,340,342 | = | 0.0% |
| Other amounts receivable | 291 | €1,340,342 | €1,340,342 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,093,057 | €822,879 | -€270,177 | -24.7% |
| Trade receivables | 40 | €510,180 | €194,272 | -€315,909 | -61.9% |
| Other amounts receivable | 41 | €582,877 | €628,608 | +€45,731 | +7.8% |
| Current investments | 50/53 | €2,919,702 | €2,919,702 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €141,524 | €645,981 | +€504,457 | +356% |
| Deferred charges and accrued income | 490/1 | €897 | €20,678 | +€19,781 | +2,205% |
| Total equity and liabilities | 10/49 | €7,392,946 | €7,664,778 | +€271,833 | +3.7% |
| Equity | 10/15 | €7,059,936 | €7,395,746 | +€335,810 | +4.8% |
| Contributions | 10/11 | €3,632,700 | €3,632,700 | = | 0.0% |
| Capital | 10 | €3,632,700 | €3,632,700 | = | 0.0% |
| Issued capital | 100 | €3,632,700 | €3,632,700 | = | 0.0% |
| Reserves | 13 | €3,427,236 | €3,763,046 | +€335,810 | +9.8% |
| Non-distributable reserves | 130/1 | €3,282,972 | €3,282,972 | = | 0.0% |
| Legal reserve | 130 | €363,270 | €363,270 | = | 0.0% |
| Own shares acquired | 1312 | €2,919,702 | €2,919,702 | = | 0.0% |
| Distributable reserves | 133 | €144,264 | €480,074 | +€335,810 | +233% |
| Amounts payable | 17/49 | €333,010 | €269,032 | -€63,977 | -19.2% |
| Amounts payable after more than one year | 17 | €148,743 | €109,478 | -€39,265 | -26.4% |
| Financial debts | 170/4 | €148,743 | €109,478 | -€39,265 | -26.4% |
| Amounts payable within one year | 42/48 | €184,267 | €159,554 | -€24,712 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €46,102 | €39,265 | -€6,837 | -14.8% |
| Trade debts | 44 | €70,330 | €79,701 | +€9,371 | +13.3% |
| Suppliers | 440/4 | €70,330 | €79,701 | +€9,371 | +13.3% |
| Taxes, remuneration and social security | 45 | €67,835 | €40,588 | -€27,247 | -40.2% |
| Taxes | 450/3 | €8,735 | €2,757 | -€5,977 | -68.4% |
| Remuneration and social security | 454/9 | €59,100 | €37,830 | -€21,269 | -36.0% |
| Non-recurring operating income | 76A | €11,638 | €1,138 | -€10,499 | -90.2% |
| Remuneration, social security and pensions | 62 | €555,022 | €588,561 | +€33,539 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,171 | €117,693 | +€16,522 | +16.3% |
| Other operating charges | 640/8 | €8,881 | €8,635 | -€246 | -2.8% |
| Non-recurring operating charges | 66A | €34,116 | €61,227 | +€27,111 | +79.5% |
| Gross operating margin | 9900 | €578,984 | €463,997 | -€114,987 | -19.9% |
| Operating profit (loss) | 9901 | -€120,206 | -€312,118 | -€191,912 | -160% |
| Financial income | 75/76B | €154,337 | €659,018 | +€504,681 | +327% |
| Recurring financial income | 75 | €154,337 | €659,018 | +€504,681 | +327% |
| Financial charges | 65/66B | €7,615 | €9,269 | +€1,654 | +21.7% |
| Recurring financial charges | 65 | €7,615 | €9,269 | +€1,654 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €26,517 | €337,631 | +€311,114 | +1,173% |
| Income taxes | 67/77 | €5,979 | €1,821 | -€4,158 | -69.5% |
| Profit (loss) for the period | 9904 | €20,538 | €335,810 | +€315,272 | +1,535% |
| Profit (loss) for the period to be appropriated | 9905 | €20,538 | €335,810 | +€315,272 | +1,535% |
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 23 October 2026 via checked.be.