ALUTRAILER: 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.
What changed
ALUTRAILER
NACE 29.202, Manufacture of motor vehicles, trailers and semi-trailers
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€433,130
2024 · €227,917-€661,047
Equity
€5.2m
2024 · €5.6m-€433,130
Cash
€66,290
2024 · €1.4m-€1.3m
Balance sheet total
€20.8m
2024 · €22.4m-€1.6m
Largest movements
Assets
- Cash -€1.3m
down €1.3m (-95.1%), from €1.4m to €66,290
mainly Receivables within one year (-€1.0m) and Short-term financial debts (-€435,000)
- Receivables within one year +€1.0m
up €1.0m (+10.9%), from €9.5m to €10.5m
of which Trade receivables: +€1.1m
- Financial fixed assets -€751,389
down €751,389 (-25.6%), from €2.9m to €2.2m
of which Affiliated companies: -€751,389
- Tangible fixed assets -€682,805
down €682,805 (-21.7%), from €3.2m to €2.5m
of which Plant, machinery and equipment: -€370,420
Equity and liabilities
- Short-term financial debts -€435,000
down €435,000 (-6.0%), from €7.2m to €6.8m
- Reserves -€433,130
down €433,130 (-9.0%), from €4.8m to €4.4m
of which Distributable reserves: -€433,130
- Trade debts -€325,620
down €325,620 (-4.3%), from €7.6m to €7.3m
Income statement
- Turnover -€1.9m
down €1.9m (-3.4%), from €54.8m to €53.0m
- Goods and materials -€1.6m
down €1.6m (-3.9%), from €39.8m to €38.2m
of which Purchases: -€1.5m
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.
Result 2024
€227,917
Turnover
-€1.9m
Other operating income
+€13,312
Goods and materials
+€1.6m
Services and other goods
+€73,135
Staff costs
+€98,347
Depreciation
+€36,799
Other operating charges
+€20
Other operating items
-€629,808
Financial income
-€1,993
Financial charges
-€28,816
Taxes
+€58,764
Result 2025
-€433,130
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.
From operations
-€1.4m
Investment
+€745,104
Financing
-€642,745
Cash 2024
€1.4m
From operations (derived)
-€1.4m
Net result for the year
-€433,130
Depreciation
+€689,090
Stocks and contracts
-€51,139
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€4,779
Trade debts
-€325,620
Tax, wage and social debts
-€103,425
Advances received
-€45,370
Accrued charges and deferred income
-€79,811
Investment (derived)
+€745,104
Investment in fixed assets (net)
+€745,104
Financing
-€642,745
Debts after one year
-€208,898
Current portion of long-term debt
+€1,153
Short-term financial debts
-€435,000
Cash 2025
€66,290
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,443,652 | €20,813,550 | -€1.6m | -7.3% |
| Fixed assets | 21/28 | €6,089,273 | €4,655,079 | -€1.4m | -23.6% |
| Tangible fixed assets | 22/27 | €3,152,826 | €2,470,021 | -€682,805 | -21.7% |
| Land and buildings | 22 | €313,078 | €269,630 | -€43,447 | -13.9% |
| Plant, machinery and equipment | 23 | €1,836,797 | €1,466,378 | -€370,420 | -20.2% |
| Furniture and vehicles | 24 | €130,125 | €69,088 | -€61,038 | -46.9% |
| Leasing and similar rights | 25 | €872,825 | €664,925 | -€207,900 | -23.8% |
| Financial fixed assets | 28 | €2,936,447 | €2,185,058 | -€751,389 | -25.6% |
| Affiliated companies | 280/1 | €2,936,112 | €2,184,723 | -€751,389 | -25.6% |
| Participating interests | 280 | €2,925,001 | €2,175,001 | -€750,000 | -25.6% |
| Amounts receivable | 281 | €11,111 | €9,722 | -€1,389 | -12.5% |
| Other financial fixed assets | 284/8 | €335 | €335 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €335 | €335 | = | 0.0% |
| Current assets | 29/58 | €16,354,380 | €16,158,471 | -€195,908 | -1.2% |
| Stocks and contracts in progress | 3 | €5,419,821 | €5,470,959 | +€51,139 | +0.9% |
| Stocks | 30/36 | €3,681,637 | €4,104,389 | +€422,752 | +11.5% |
| Raw materials and consumables | 30/31 | €3,681,637 | €4,104,389 | +€422,752 | +11.5% |
| Contracts in progress | 37 | €1,738,184 | €1,366,571 | -€371,613 | -21.4% |
| Amounts receivable within one year | 40/41 | €9,493,416 | €10,530,339 | +€1.0m | +10.9% |
| Trade receivables | 40 | €9,176,222 | €10,238,754 | +€1.1m | +11.6% |
| Other amounts receivable | 41 | €317,193 | €291,585 | -€25,608 | -8.1% |
| Cash at bank and in hand | 54/58 | €1,355,039 | €66,290 | -€1.3m | -95.1% |
| Deferred charges and accrued income | 490/1 | €86,104 | €90,883 | +€4,779 | +5.6% |
| Total equity and liabilities | 10/49 | €22,443,652 | €20,813,550 | -€1.6m | -7.3% |
| Equity | 10/15 | €5,636,050 | €5,202,919 | -€433,130 | -7.7% |
| Contributions | 10/11 | €831,000 | €831,000 | = | 0.0% |
| Capital | 10 | €831,000 | €831,000 | = | 0.0% |
| Issued capital | 100 | €831,000 | €831,000 | = | 0.0% |
| Reserves | 13 | €4,805,050 | €4,371,919 | -€433,130 | -9.0% |
| Non-distributable reserves | 130/1 | €83,100 | €83,100 | = | 0.0% |
| Legal reserve | 130 | €83,100 | €83,100 | = | 0.0% |
| Distributable reserves | 133 | €4,721,950 | €4,288,819 | -€433,130 | -9.2% |
| Amounts payable | 17/49 | €16,807,602 | €15,610,631 | -€1.2m | -7.1% |
| Amounts payable after more than one year | 17 | €653,466 | €444,568 | -€208,898 | -32.0% |
| Financial debts | 170/4 | €653,466 | €444,568 | -€208,898 | -32.0% |
| Leasing and similar obligations | 172 | €653,466 | €444,568 | -€208,898 | -32.0% |
| Amounts payable within one year | 42/48 | €16,037,137 | €15,128,875 | -€908,262 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €207,745 | €208,898 | +€1,153 | +0.6% |
| Financial debts | 43 | €7,230,000 | €6,795,000 | -€435,000 | -6.0% |
| Credit institutions | 430/8 | €7,230,000 | €6,795,000 | -€435,000 | -6.0% |
| Trade debts | 44 | €7,589,682 | €7,264,062 | -€325,620 | -4.3% |
| Suppliers | 440/4 | €7,589,682 | €7,264,062 | -€325,620 | -4.3% |
| Advances received on contracts in progress | 46 | €79,690 | €34,320 | -€45,370 | -56.9% |
| Taxes, remuneration and social security | 45 | €930,020 | €826,595 | -€103,425 | -11.1% |
| Taxes | 450/3 | €23,228 | €29,393 | +€6,165 | +26.5% |
| Remuneration and social security | 454/9 | €906,792 | €797,202 | -€109,590 | -12.1% |
| Accrued charges and deferred income | 492/3 | €116,999 | €37,188 | -€79,811 | -68.2% |
| Operating income | 70/76A | €55,250,967 | €52,783,498 | -€2.5m | -4.5% |
| Turnover | 70 | €54,818,303 | €52,967,330 | -€1.9m | -3.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €258,195 | -€371,613 | -€629,808 | |
| Other operating income | 74 | €174,469 | €187,781 | +€13,312 | +7.6% |
| Operating charges | 60/66A | €53,903,451 | €52,124,985 | -€1.8m | -3.3% |
| Goods for resale, raw materials and consumables | 60 | €39,808,827 | €38,238,662 | -€1.6m | -3.9% |
| Purchases | 600/8 | €40,115,244 | €38,661,414 | -€1.5m | -3.6% |
| Change in stocks: decrease (increase) | 609 | -€306,417 | -€422,752 | -€116,335 | -38.0% |
| Services and other goods | 61 | €8,092,315 | €8,019,179 | -€73,135 | -0.9% |
| Remuneration, social security and pensions | 62 | €5,272,664 | €5,174,316 | -€98,347 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725,889 | €689,090 | -€36,799 | -5.1% |
| Other operating charges | 640/8 | €3,757 | €3,737 | -€20 | -0.5% |
| Operating profit (loss) | 9901 | €1,347,516 | €658,513 | -€689,003 | -51.1% |
| Financial income | 75/76B | €15,655 | €13,663 | -€1,993 | -12.7% |
| Recurring financial income | 75 | €15,655 | €13,663 | -€1,993 | -12.7% |
| Income from financial fixed assets | 750 | €1,114 | €86 | -€1,029 | -92.3% |
| Other financial income | 752/9 | €14,541 | €13,577 | -€964 | -6.6% |
| Financial charges | 65/66B | €930,200 | €959,016 | +€28,816 | +3.1% |
| Recurring financial charges | 65 | €280,200 | €209,016 | -€71,184 | -25.4% |
| Debt charges | 650 | €266,190 | €196,957 | -€69,233 | -26.0% |
| Other financial charges | 652/9 | €14,010 | €12,059 | -€1,951 | -13.9% |
| Non-recurring financial charges | 66B | €650,000 | €750,000 | +€100,000 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €432,971 | -€286,840 | -€719,812 | |
| Income taxes | 67/77 | €205,054 | €146,290 | -€58,764 | -28.7% |
| Taxes | 670/3 | €205,054 | €146,290 | -€58,764 | -28.7% |
| Profit (loss) for the period | 9904 | €227,917 | -€433,130 | -€661,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €227,917 | -€433,130 | -€661,047 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.