Alvamij: what changed
Alvamij
Largest movements
- Receivables within one year +€18,163
up €18,163 (+16.2%), from €111,823 to €129,986
of which Other amounts receivable: +€25,370
- Cash +€16,931
up €16,931 (+270%), from €6,269 to €23,200
mainly Debts after one year (+€122,570) and Net result for the year (+€78,206)
- Debts after one year +€122,570
up €122,570 (+40.3%), from €303,852 to €426,422
- Reserves -€48,794
down €48,794 (-4.6%), from €1.0m to €1.0m
- Gross operating margin +€36,258
up €36,258 (+46.3%), from €78,258 to €114,516
- Taxes +€10,237
up €10,237 (+50.5%), from €20,272 to €30,509
- Financial income -€5,696
down €5,696 (-93.8%), from €6,070 to €374
- Financial charges -€5,186
down €5,186 (-46.2%), from €11,233 to €6,047
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,490,232 | €1,529,492 | +€39,261 | +2.6% |
| Fixed assets | 21/28 | €1,348,400 | €1,348,400 | = | 0.0% |
| Financial fixed assets | 28 | €1,348,400 | €1,348,400 | = | 0.0% |
| Current assets | 29/58 | €141,832 | €181,092 | +€39,261 | +27.7% |
| Amounts receivable within one year | 40/41 | €111,823 | €129,986 | +€18,163 | +16.2% |
| Trade receivables | 40 | €7,207 | €0 | -€7,207 | -100% |
| Other amounts receivable | 41 | €104,616 | €129,986 | +€25,370 | +24.3% |
| Current investments | 50/53 | €23,102 | €23,334 | +€232 | +1.0% |
| Cash at bank and in hand | 54/58 | €6,269 | €23,200 | +€16,931 | +270% |
| Deferred charges and accrued income | 490/1 | €638 | €4,572 | +€3,934 | +617% |
| Total equity and liabilities | 10/49 | €1,490,232 | €1,529,492 | +€39,261 | +2.6% |
| Equity | 10/15 | €1,129,403 | €1,080,608 | -€48,794 | -4.3% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €1,049,403 | €1,000,608 | -€48,794 | -4.6% |
| Distributable reserves | 133 | €1,049,403 | €1,000,608 | -€48,794 | -4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €360,829 | €448,884 | +€88,055 | +24.4% |
| Amounts payable after more than one year | 17 | €303,852 | €426,422 | +€122,570 | +40.3% |
| Other amounts payable | 178/9 | €303,852 | €426,422 | +€122,570 | +40.3% |
| Amounts payable within one year | 42/48 | €56,977 | €22,462 | -€34,514 | -60.6% |
| Financial debts | 43 | €16,587 | €6,547 | -€10,040 | -60.5% |
| Other loans | 439 | €16,587 | €6,547 | -€10,040 | -60.5% |
| Trade debts | 44 | €14,180 | €8,116 | -€6,064 | -42.8% |
| Suppliers | 440/4 | €14,180 | €8,116 | -€6,064 | -42.8% |
| Taxes, remuneration and social security | 45 | €20,739 | €7,800 | -€12,939 | -62.4% |
| Taxes | 450/3 | €20,739 | €7,800 | -€12,939 | -62.4% |
| Other amounts payable | 47/48 | €5,472 | €0 | -€5,472 | -100% |
| Other operating charges | 640/8 | €156 | €128 | -€28 | -17.9% |
| Gross operating margin | 9900 | €78,258 | €114,516 | +€36,258 | +46.3% |
| Operating profit (loss) | 9901 | €78,102 | €114,388 | +€36,286 | +46.5% |
| Financial income | 75/76B | €6,070 | €374 | -€5,696 | -93.8% |
| Recurring financial income | 75 | €6,070 | €374 | -€5,696 | -93.8% |
| Financial charges | 65/66B | €11,233 | €6,047 | -€5,186 | -46.2% |
| Recurring financial charges | 65 | €11,233 | €6,047 | -€5,186 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €72,938 | €108,714 | +€35,776 | +49.0% |
| Income taxes | 67/77 | €20,272 | €30,509 | +€10,237 | +50.5% |
| Profit (loss) for the period | 9904 | €52,666 | €78,206 | +€25,539 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,666 | €78,206 | +€25,539 | +48.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.