ALV Consulting: 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.
ALV Consulting
Largest movements
- Financial fixed assets +€683,087
up €683,087 (+149%), from €457,425 to €1.1m
- Receivables within one year -€39,534
down €39,534 (-92.9%), from €42,539 to €3,005
of which Trade receivables: -€40,114
- Cash +€21,238
up €21,238 (+181%), from €11,764 to €33,002
mainly Debts after one year (+€513,243) and Net result for the year (+€113,758)
- Debts after one year +€513,243
up €513,243 (+177%), from €289,887 to €803,130
- Reserves +€75,000
up €75,000 (+48.4%), from €155,000 to €230,000
- Current portion of long-term debt +€62,154
up €62,154 (+131%), from €47,330 to €109,484
- Other debts +€28,447
up €28,447 (+276%), from €10,312 to €38,758
- Gross operating margin +€76,869
up €76,869 (+68.3%), from €112,566 to €189,435
- Taxes +€17,301
up €17,301 (+50.6%), from €34,162 to €51,463
- Financial charges +€13,433
up €13,433 (+269%), from €4,986 to €18,418
- Depreciation +€2,603
up €2,603 (+125%), from €2,079 to €4,682
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 | €522,697 | €1,195,311 | +€672,614 | +129% |
| Fixed assets | 21/28 | €465,946 | €1,155,930 | +€689,984 | +148% |
| Tangible fixed assets | 22/27 | €8,521 | €15,418 | +€6,897 | +80.9% |
| Plant, machinery and equipment | 23 | - | €5,678 | +€5,678 | |
| Furniture and vehicles | 24 | €7,006 | €4,671 | -€2,335 | -33.3% |
| Other tangible fixed assets | 26 | €1,515 | €5,069 | +€3,555 | +235% |
| Financial fixed assets | 28 | €457,425 | €1,140,512 | +€683,087 | +149% |
| Current assets | 29/58 | €56,752 | €39,381 | -€17,370 | -30.6% |
| Amounts receivable within one year | 40/41 | €42,539 | €3,005 | -€39,534 | -92.9% |
| Trade receivables | 40 | €42,539 | €2,425 | -€40,114 | -94.3% |
| Other amounts receivable | 41 | - | €580 | +€580 | |
| Cash at bank and in hand | 54/58 | €11,764 | €33,002 | +€21,238 | +181% |
| Deferred charges and accrued income | 490/1 | €2,449 | €3,374 | +€925 | +37.8% |
| Total equity and liabilities | 10/49 | €522,697 | €1,195,311 | +€672,614 | +129% |
| Equity | 10/15 | €160,000 | €235,000 | +€75,000 | +46.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €230,000 | +€75,000 | +48.4% |
| Distributable reserves | 133 | €155,000 | €230,000 | +€75,000 | +48.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €362,697 | €960,311 | +€597,614 | +165% |
| Amounts payable after more than one year | 17 | €289,887 | €803,130 | +€513,243 | +177% |
| Financial debts | 170/4 | €289,887 | €803,130 | +€513,243 | +177% |
| Amounts payable within one year | 42/48 | €72,811 | €157,181 | +€84,371 | +116% |
| Current portion of amounts payable after more than one year | 42 | €47,330 | €109,484 | +€62,154 | +131% |
| Trade debts | 44 | €10,909 | €3,759 | -€7,149 | -65.5% |
| Suppliers | 440/4 | €10,909 | €3,759 | -€7,149 | -65.5% |
| Taxes, remuneration and social security | 45 | €4,261 | €5,179 | +€919 | +21.6% |
| Taxes | 450/3 | €4,261 | €5,179 | +€919 | +21.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,312 | €38,758 | +€28,447 | +276% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,079 | €4,682 | +€2,603 | +125% |
| Other operating charges | 640/8 | €892 | €1,191 | +€299 | +33.5% |
| Gross operating margin | 9900 | €112,566 | €189,435 | +€76,869 | +68.3% |
| Operating profit (loss) | 9901 | €109,596 | €183,563 | +€73,967 | +67.5% |
| Financial income | 75/76B | €45 | €77 | +€32 | +72.2% |
| Recurring financial income | 75 | €45 | €77 | +€32 | +72.2% |
| Financial charges | 65/66B | €4,986 | €18,418 | +€13,433 | +269% |
| Recurring financial charges | 65 | €4,986 | €18,418 | +€13,433 | +269% |
| Profit (loss) for the period before taxes | 9903 | €104,655 | €165,221 | +€60,567 | +57.9% |
| Income taxes | 67/77 | €34,162 | €51,463 | +€17,301 | +50.6% |
| Profit (loss) for the period | 9904 | €70,493 | €113,758 | +€43,265 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,493 | €113,758 | +€43,265 | +61.4% |
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 20 October 2026 via checked.be.