ALUTI: 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.
ALUTI
Largest movements
- Tangible fixed assets -€20,784
down €20,784 (-23.1%), from €89,848 to €69,064
of which Land and buildings: -€15,212
- Cash -€8,966
down €8,966 (-41.6%), from €21,542 to €12,576
mainly Net result for the year (-€25,977) and Debts after one year (-€4,630)
- Profit (loss) carried forward -€25,977
down €25,977 (-515%), from -€5,043 to -€31,020
- Debts after one year -€4,630
down €4,630 (-100%), from €4,630 to €0
- Trade debts +€1,937
up €1,937 (+255%), from €761 to €2,698
- Gross operating margin -€8,736
down €8,736, from €8,726 to -€10
- Depreciation -€2,706
down €2,706 (-11.0%), from €24,533 to €21,827
- Financial charges -€481
down €481 (-22.9%), from €2,104 to €1,623
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 | €116,232 | €86,555 | -€29,677 | -25.5% |
| Fixed assets | 21/28 | €89,848 | €69,064 | -€20,784 | -23.1% |
| Tangible fixed assets | 22/27 | €89,848 | €69,064 | -€20,784 | -23.1% |
| Land and buildings | 22 | €82,738 | €67,526 | -€15,212 | -18.4% |
| Plant, machinery and equipment | 23 | €1,012 | €424 | -€588 | -58.1% |
| Furniture and vehicles | 24 | €6,098 | €1,114 | -€4,984 | -81.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €26,384 | €17,492 | -€8,893 | -33.7% |
| Amounts receivable within one year | 40/41 | €3,575 | €3,589 | +€14 | +0.4% |
| Trade receivables | 40 | €3,575 | €3,589 | +€14 | +0.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21,542 | €12,576 | -€8,966 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,327 | +€59 | +4.7% |
| Total equity and liabilities | 10/49 | €116,232 | €86,555 | -€29,677 | -25.5% |
| Equity | 10/15 | €86,818 | €60,841 | -€25,977 | -29.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €85,661 | €85,661 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €85,661 | €85,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,043 | -€31,020 | -€25,977 | -515% |
| Amounts payable | 17/49 | €29,414 | €25,714 | -€3,700 | -12.6% |
| Amounts payable after more than one year | 17 | €4,630 | €0 | -€4,630 | -100% |
| Financial debts | 170/4 | €4,630 | €0 | -€4,630 | -100% |
| Amounts payable within one year | 42/48 | €24,784 | €25,714 | +€930 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €5,556 | €4,630 | -€926 | -16.7% |
| Trade debts | 44 | €761 | €2,698 | +€1,937 | +255% |
| Suppliers | 440/4 | €761 | €2,698 | +€1,937 | +255% |
| Taxes, remuneration and social security | 45 | €2,564 | €2,354 | -€210 | -8.2% |
| Taxes | 450/3 | €2,564 | €2,354 | -€210 | -8.2% |
| Other amounts payable | 47/48 | €15,904 | €16,033 | +€129 | +0.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,533 | €21,827 | -€2,706 | -11.0% |
| Other operating charges | 640/8 | €2,227 | €2,289 | +€62 | +2.8% |
| Gross operating margin | 9900 | €8,726 | -€10 | -€8,736 | |
| Operating profit (loss) | 9901 | -€18,034 | -€24,126 | -€6,092 | -33.8% |
| Financial income | 75/76B | €43 | €38 | -€5 | -11.1% |
| Recurring financial income | 75 | €43 | €38 | -€5 | -11.1% |
| Financial charges | 65/66B | €2,104 | €1,623 | -€481 | -22.9% |
| Recurring financial charges | 65 | €2,104 | €1,623 | -€481 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,095 | -€25,710 | -€5,615 | -27.9% |
| Income taxes | 67/77 | €234 | €267 | +€33 | +14.2% |
| Profit (loss) for the period | 9904 | -€20,329 | -€25,977 | -€5,648 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,329 | -€25,977 | -€5,648 | -27.8% |
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 14 October 2026 via checked.be.