ALVEOOL: what changed
Two fiscal 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.
ALVEOOL
Largest movements
- Tangible fixed assets -€21,874
down €21,874 (-3.0%), from €723,815 to €701,941
of which Land and buildings: -€22,668
- Deferred charges and accrued income -€12,216
down €12,216 (-39.8%), from €30,689 to €18,474
- Reserves -€22,169
down €22,169 (-7.2%), from €308,569 to €286,400
of which Distributable reserves: -€22,169
- Debts after one year -€15,934
down €15,934 (-4.0%), from €393,587 to €377,653
- Other debts +€9,504
up €9,504 (+8.4%), from €113,197 to €122,701
- Gross operating margin -€60,224
down €60,224 (-36.4%), from €165,372 to €105,148
- Financial charges -€19,018
down €19,018 (-53.5%), from €35,573 to €16,555
- Taxes -€11,386
down €11,386 (-38.9%), from €29,274 to €17,888
- Other operating charges +€4,078
up €4,078 (+348.4%), from €1,171 to €5,249
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €866,616 | €832,686 | -€33,930 | -3.9% |
| Fixed assets | 21/28 | €723,828 | €701,954 | -€21,874 | -3.0% |
| Tangible fixed assets | 22/27 | €723,815 | €701,941 | -€21,874 | -3.0% |
| Land and buildings | 22 | €720,691 | €698,023 | -€22,668 | -3.1% |
| Plant, machinery and equipment | 23 | €428 | €0 | -€428 | -100.0% |
| Furniture and vehicles | 24 | €2,696 | €3,918 | +€1,222 | +45.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €13 | €13 | = | 0.0% |
| Current assets | 29/58 | €142,788 | €130,732 | -€12,056 | -8.4% |
| Amounts receivable within one year | 40/41 | €31,882 | €33,820 | +€1,938 | +6.1% |
| Trade receivables | 40 | €31,882 | €23,708 | -€8,174 | -25.6% |
| Other amounts receivable | 41 | €0 | €10,112 | +€10,112 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €80,216 | €78,438 | -€1,778 | -2.2% |
| Deferred charges and accrued income | 490/1 | €30,689 | €18,474 | -€12,216 | -39.8% |
| Total equity and liabilities | 10/49 | €866,616 | €832,686 | -€33,930 | -3.9% |
| Equity | 10/15 | €320,969 | €298,800 | -€22,169 | -6.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €308,569 | €286,400 | -€22,169 | -7.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €308,569 | €286,400 | -€22,169 | -7.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €545,647 | €533,886 | -€11,761 | -2.2% |
| Amounts payable after more than one year | 17 | €393,587 | €377,653 | -€15,934 | -4.0% |
| Financial debts | 170/4 | €393,587 | €377,653 | -€15,934 | -4.0% |
| Amounts payable within one year | 42/48 | €143,224 | €152,102 | +€8,878 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | €15,372 | €15,934 | +€562 | +3.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €13,381 | €13,467 | +€86 | +0.6% |
| Suppliers | 440/4 | €13,381 | €13,467 | +€86 | +0.6% |
| Taxes, remuneration and social security | 45 | €1,274 | €0 | -€1,274 | -100.0% |
| Taxes | 450/3 | €1,274 | €0 | -€1,274 | -100.0% |
| Other amounts payable | 47/48 | €113,197 | €122,701 | +€9,504 | +8.4% |
| Accrued charges and deferred income | 492/3 | €8,836 | €4,131 | -€4,705 | -53.2% |
| Non-recurring operating income | 76A | €30,500 | €0 | -€30,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,410 | €24,074 | +€664 | +2.8% |
| Other operating charges | 640/8 | €1,171 | €5,249 | +€4,078 | +348.4% |
| Gross operating margin | 9900 | €165,372 | €105,148 | -€60,224 | -36.4% |
| Operating profit (loss) | 9901 | €140,791 | €75,825 | -€64,966 | -46.1% |
| Financial income | 75/76B | €10 | €0 | -€10 | -98.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -98.0% |
| Financial charges | 65/66B | €35,573 | €16,555 | -€19,018 | -53.5% |
| Recurring financial charges | 65 | €35,573 | €16,555 | -€19,018 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €105,228 | €59,270 | -€45,958 | -43.7% |
| Income taxes | 67/77 | €29,274 | €17,888 | -€11,386 | -38.9% |
| Profit (loss) for the period | 9904 | €75,954 | €41,382 | -€34,572 | -45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,954 | €41,382 | -€34,572 | -45.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.