ALUXOR: 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.
ALUXOR
Largest movements
- Cash -€46,798
down €46,798 (-85.3%), from €54,837 to €8,039
mainly Net result for the year (-€44,811) and Contributions, distributions and other (-€15,625)
- Tangible fixed assets -€19,334
down €19,334 (-50.7%), from €38,154 to €18,820
of which Leasing and similar rights: -€13,870
- Receivables within one year +€13,373
up €13,373 (+46.2%), from €28,923 to €42,296
of which Trade receivables: +€14,538
- Receivables after one year -€11,645
no longer reported in 2025 (was €11,645)
- Profit (loss) carried forward -€44,811
down €44,811, from €38,187 to -€6,623
- Advances received +€16,335
new in 2025: €16,335
- Reserves -€15,625
down €15,625 (-25.1%), from €62,326 to €46,701
- Current portion of long-term debt -€10,026
down €10,026 (-76.3%), from €13,146 to €3,120
- Short-term financial debts -€8,500
no longer reported in 2025 (was €8,500)
- Financial charges +€62,527
up €62,527 (+4,626%), from €1,352 to €63,879
- Gross operating margin -€16,681
down €16,681 (-29.1%), from €57,298 to €40,617
- Taxes -€9,779
down €9,779 (-98.6%), from €9,922 to €143
- Depreciation -€1,640
down €1,640 (-7.8%), from €20,974 to €19,334
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 | €135,389 | €71,087 | -€64,302 | -47.5% |
| Fixed assets | 21/28 | €38,154 | €18,820 | -€19,334 | -50.7% |
| Tangible fixed assets | 22/27 | €38,154 | €18,820 | -€19,334 | -50.7% |
| Furniture and vehicles | 24 | €3,942 | €2,480 | -€1,462 | -37.1% |
| Leasing and similar rights | 25 | €17,556 | €3,686 | -€13,870 | -79.0% |
| Other tangible fixed assets | 26 | €16,656 | €12,654 | -€4,001 | -24.0% |
| Current assets | 29/58 | €97,235 | €52,267 | -€44,969 | -46.2% |
| Amounts receivable after more than one year | 29 | €11,645 | - | -€11,645 | |
| Other amounts receivable | 291 | €11,645 | - | -€11,645 | |
| Amounts receivable within one year | 40/41 | €28,923 | €42,296 | +€13,373 | +46.2% |
| Trade receivables | 40 | €26,979 | €41,517 | +€14,538 | +53.9% |
| Other amounts receivable | 41 | €1,944 | €778 | -€1,165 | -60.0% |
| Cash at bank and in hand | 54/58 | €54,837 | €8,039 | -€46,798 | -85.3% |
| Deferred charges and accrued income | 490/1 | €1,831 | €1,932 | +€102 | +5.6% |
| Total equity and liabilities | 10/49 | €135,389 | €71,087 | -€64,302 | -47.5% |
| Equity | 10/15 | €101,443 | €41,008 | -€60,435 | -59.6% |
| Contributions | 10/11 | €930 | €930 | = | 0.0% |
| Reserves | 13 | €62,326 | €46,701 | -€15,625 | -25.1% |
| Distributable reserves | 133 | €62,326 | €46,701 | -€15,625 | -25.1% |
| Profit (loss) carried forward | 14 | €38,187 | -€6,623 | -€44,811 | |
| Amounts payable | 17/49 | €33,946 | €30,079 | -€3,867 | -11.4% |
| Amounts payable after more than one year | 17 | €3,353 | - | -€3,353 | |
| Financial debts | 170/4 | €3,353 | - | -€3,353 | |
| Amounts payable within one year | 42/48 | €30,593 | €30,079 | -€514 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €13,146 | €3,120 | -€10,026 | -76.3% |
| Financial debts | 43 | €8,500 | - | -€8,500 | |
| Other loans | 439 | €8,500 | - | -€8,500 | |
| Trade debts | 44 | €1,924 | €3,974 | +€2,050 | +107% |
| Suppliers | 440/4 | €1,924 | €3,974 | +€2,050 | +107% |
| Advances received on contracts in progress | 46 | - | €16,335 | +€16,335 | |
| Taxes, remuneration and social security | 45 | €7,024 | €6,650 | -€373 | -5.3% |
| Taxes | 450/3 | €7,024 | €6,650 | -€373 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,974 | €19,334 | -€1,640 | -7.8% |
| Other operating charges | 640/8 | €2,283 | €2,072 | -€211 | -9.3% |
| Gross operating margin | 9900 | €57,298 | €40,617 | -€16,681 | -29.1% |
| Operating profit (loss) | 9901 | €34,041 | €19,211 | -€14,830 | -43.6% |
| Financial charges | 65/66B | €1,352 | €63,879 | +€62,527 | +4,626% |
| Recurring financial charges | 65 | €1,352 | €63,879 | +€62,527 | +4,626% |
| Profit (loss) for the period before taxes | 9903 | €32,689 | -€44,668 | -€77,357 | |
| Income taxes | 67/77 | €9,922 | €143 | -€9,779 | -98.6% |
| Profit (loss) for the period | 9904 | €22,768 | -€44,811 | -€67,578 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,768 | -€44,811 | -€67,578 |
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 19 October 2026 via checked.be.