Alutechnic Belgium: 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.
Alutechnic Belgium
Largest movements
- Tangible fixed assets +€151,870
up €151,870 (+48.4%), from €313,650 to €465,521
of which Land and buildings: +€161,729
- Cash +€109,033
up €109,033 (+181%), from €60,340 to €169,373
mainly Net result for the year (+€329,797) and Debts after one year (+€144,930)
- Receivables within one year +€79,254
up €79,254 (+55.8%), from €141,910 to €221,164
of which Trade receivables: +€76,892
- Stocks and contracts +€21,474
up €21,474 (+13.4%), from €159,766 to €181,240
- Debts after one year +€144,930
up €144,930 (+122%), from €118,750 to €263,680
- Other debts +€115,000
up €115,000 (+71.9%), from €160,000 to €275,000
- Reserves +€55,140
up €55,140 (+17.9%), from €308,458 to €363,598
- Trade debts +€20,773
up €20,773 (+53.7%), from €38,709 to €59,481
- Current portion of long-term debt +€15,070
up €15,070 (+100%), from €15,000 to €30,070
- Gross operating margin +€228,462
up €228,462 (+84.4%), from €270,731 to €499,193
- Write-downs +€19,239
new in 2025: €19,239
- Staff costs +€12,621
up €12,621 (+12.0%), from €105,520 to €118,140
- Financial income +€10,340
up €10,340 (+91.4%), from €11,310 to €21,650
- Depreciation +€6,455
up €6,455 (+30.1%), from €21,433 to €27,888
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 | €679,604 | €1,041,083 | +€361,480 | +53.2% |
| Fixed assets | 21/28 | €314,950 | €466,021 | +€151,070 | +48.0% |
| Tangible fixed assets | 22/27 | €313,650 | €465,521 | +€151,870 | +48.4% |
| Land and buildings | 22 | €191,996 | €353,725 | +€161,729 | +84.2% |
| Plant, machinery and equipment | 23 | €113,451 | €105,524 | -€7,927 | -7.0% |
| Furniture and vehicles | 24 | €8,203 | €6,271 | -€1,932 | -23.6% |
| Financial fixed assets | 28 | €1,300 | €500 | -€800 | -61.5% |
| Current assets | 29/58 | €364,653 | €575,063 | +€210,409 | +57.7% |
| Stocks and contracts in progress | 3 | €159,766 | €181,240 | +€21,474 | +13.4% |
| Stocks | 30/36 | €159,766 | €181,240 | +€21,474 | +13.4% |
| Amounts receivable within one year | 40/41 | €141,910 | €221,164 | +€79,254 | +55.8% |
| Trade receivables | 40 | €141,446 | €218,339 | +€76,892 | +54.4% |
| Other amounts receivable | 41 | €464 | €2,826 | +€2,362 | +509% |
| Cash at bank and in hand | 54/58 | €60,340 | €169,373 | +€109,033 | +181% |
| Deferred charges and accrued income | 490/1 | €2,638 | €3,286 | +€648 | +24.6% |
| Total equity and liabilities | 10/49 | €679,604 | €1,041,083 | +€361,480 | +53.2% |
| Equity | 10/15 | €327,490 | €382,287 | +€54,797 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €308,458 | €363,598 | +€55,140 | +17.9% |
| Distributable reserves | 133 | €308,458 | €363,598 | +€55,140 | +17.9% |
| Profit (loss) carried forward | 14 | €432 | €89 | -€343 | -79.4% |
| Amounts payable | 17/49 | €352,114 | €658,797 | +€306,683 | +87.1% |
| Amounts payable after more than one year | 17 | €118,750 | €263,680 | +€144,930 | +122% |
| Financial debts | 170/4 | €118,750 | €263,680 | +€144,930 | +122% |
| Amounts payable within one year | 42/48 | €233,364 | €395,116 | +€161,753 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €30,070 | +€15,070 | +100% |
| Trade debts | 44 | €38,709 | €59,481 | +€20,773 | +53.7% |
| Suppliers | 440/4 | €38,709 | €59,481 | +€20,773 | +53.7% |
| Taxes, remuneration and social security | 45 | €19,655 | €30,565 | +€10,910 | +55.5% |
| Taxes | 450/3 | €8,947 | €17,818 | +€8,871 | +99.1% |
| Remuneration and social security | 454/9 | €10,708 | €12,747 | +€2,039 | +19.0% |
| Other amounts payable | 47/48 | €160,000 | €275,000 | +€115,000 | +71.9% |
| Remuneration, social security and pensions | 62 | €105,520 | €118,140 | +€12,621 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,433 | €27,888 | +€6,455 | +30.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,239 | +€19,239 | |
| Other operating charges | 640/8 | €3,289 | €4,391 | +€1,103 | +33.5% |
| Gross operating margin | 9900 | €270,731 | €499,193 | +€228,462 | +84.4% |
| Operating profit (loss) | 9901 | €140,490 | €329,533 | +€189,044 | +135% |
| Financial income | 75/76B | €11,310 | €21,650 | +€10,340 | +91.4% |
| Recurring financial income | 75 | €11,310 | €21,650 | +€10,340 | +91.4% |
| Financial charges | 65/66B | €11,843 | €11,835 | -€8 | -0.1% |
| Recurring financial charges | 65 | €11,843 | €11,835 | -€8 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €139,957 | €339,348 | +€199,391 | +142% |
| Income taxes | 67/77 | €5,841 | €9,551 | +€3,710 | +63.5% |
| Profit (loss) for the period | 9904 | €134,116 | €329,797 | +€195,681 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €134,116 | €329,797 | +€195,681 | +146% |
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 1 November 2026 via checked.be.