ALUVIMMO: 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.
ALUVIMMO
Largest movements
- Cash +€30,876
up €30,876 (+23.3%), from €132,425 to €163,301
mainly Net result for the year (+€27,642) and Trade debts (+€15,092)
- Receivables within one year -€2,876
down €2,876 (-43.9%), from €6,550 to €3,674
of which Trade receivables: -€5,659
- Reserves +€27,642
up €27,642 (+21.7%), from €127,498 to €155,140
of which Tax-exempt reserves: +€27,642
- Tax, wage and social debts -€19,613
down €19,613 (-85.6%), from €22,909 to €3,296
- Trade debts +€15,092
up €15,092 (+990%), from €1,524 to €16,616
- Accrued charges and deferred income +€3,545
new in 2025: €3,545
- Other debts +€3,413
new in 2025: €3,413
- Gross operating margin -€10,286
down €10,286 (-16.0%), from €64,466 to €54,180
- Taxes -€5,268
down €5,268 (-28.5%), from €18,485 to €13,217
- Depreciation +€2,834
up €2,834 (+50.8%), from €5,583 to €8,417
- Other operating charges -€970
down €970 (-16.6%), from €5,833 to €4,863
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 | €242,194 | €272,274 | +€30,079 | +12.4% |
| Fixed assets | 21/28 | €102,752 | €104,808 | +€2,056 | +2.0% |
| Tangible fixed assets | 22/27 | €102,752 | €104,808 | +€2,056 | +2.0% |
| Land and buildings | 22 | €66,673 | €66,673 | = | 0.0% |
| Plant, machinery and equipment | 23 | €5,737 | €13,131 | +€7,395 | +129% |
| Furniture and vehicles | 24 | €1,767 | €0 | -€1,767 | -100% |
| Other tangible fixed assets | 26 | €28,575 | €25,003 | -€3,572 | -12.5% |
| Current assets | 29/58 | €139,443 | €167,466 | +€28,023 | +20.1% |
| Amounts receivable within one year | 40/41 | €6,550 | €3,674 | -€2,876 | -43.9% |
| Trade receivables | 40 | €6,550 | €891 | -€5,659 | -86.4% |
| Other amounts receivable | 41 | - | €2,783 | +€2,783 | |
| Cash at bank and in hand | 54/58 | €132,425 | €163,301 | +€30,876 | +23.3% |
| Deferred charges and accrued income | 490/1 | €468 | €491 | +€23 | +4.9% |
| Total equity and liabilities | 10/49 | €242,194 | €272,274 | +€30,079 | +12.4% |
| Equity | 10/15 | €217,761 | €245,403 | +€27,642 | +12.7% |
| Contributions | 10/11 | €70,206 | €70,206 | = | 0.0% |
| Reserves | 13 | €127,498 | €155,140 | +€27,642 | +21.7% |
| Non-distributable reserves | 130/1 | €7,021 | €7,021 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,021 | €7,021 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,277 | €131,920 | +€27,642 | +26.5% |
| Distributable reserves | 133 | €16,200 | €16,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,057 | €20,057 | = | 0.0% |
| Amounts payable | 17/49 | €24,433 | €26,870 | +€2,437 | +10.0% |
| Amounts payable within one year | 42/48 | €24,433 | €23,325 | -€1,108 | -4.5% |
| Trade debts | 44 | €1,524 | €16,616 | +€15,092 | +990% |
| Suppliers | 440/4 | €1,524 | €16,616 | +€15,092 | +990% |
| Taxes, remuneration and social security | 45 | €22,909 | €3,296 | -€19,613 | -85.6% |
| Taxes | 450/3 | €22,909 | €3,296 | -€19,613 | -85.6% |
| Other amounts payable | 47/48 | - | €3,413 | +€3,413 | |
| Accrued charges and deferred income | 492/3 | - | €3,545 | +€3,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,583 | €8,417 | +€2,834 | +50.8% |
| Other operating charges | 640/8 | €5,833 | €4,863 | -€970 | -16.6% |
| Gross operating margin | 9900 | €64,466 | €54,180 | -€10,286 | -16.0% |
| Operating profit (loss) | 9901 | €53,050 | €40,900 | -€12,150 | -22.9% |
| Financial charges | 65/66B | €44 | €40 | -€4 | -9.0% |
| Recurring financial charges | 65 | €44 | €40 | -€4 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €53,005 | €40,859 | -€12,146 | -22.9% |
| Income taxes | 67/77 | €18,485 | €13,217 | -€5,268 | -28.5% |
| Profit (loss) for the period | 9904 | €34,520 | €27,642 | -€6,877 | -19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,520 | €27,642 | -€6,877 | -19.9% |
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 21 October 2026 via checked.be.