ALVISY: 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.
ALVISY
Largest movements
- Receivables within one year +€113,738
up €113,738 (+94.5%), from €120,387 to €234,125
of which Other amounts receivable: +€99,613
- Cash +€57,271
up €57,271 (+43.1%), from €132,744 to €190,015
mainly Net result for the year (+€121,206) and Tax, wage and social debts (+€41,986)
- Reserves +€120,374
up €120,374 (+56.1%), from €214,721 to €335,094
- Tax, wage and social debts +€41,986
up €41,986 (+135%), from €31,205 to €73,191
of which Taxes: +€47,152
- Other debts +€8,117
up €8,117 (+182%), from €4,462 to €12,579
- Gross operating margin -€41,627
down €41,627 (-19.3%), from €215,314 to €173,687
- Taxes -€12,936
down €12,936 (-20.2%), from €63,979 to €51,044
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 | €253,132 | €424,141 | +€171,009 | +67.6% |
| Current assets | 29/58 | €253,132 | €424,141 | +€171,009 | +67.6% |
| Amounts receivable within one year | 40/41 | €120,387 | €234,125 | +€113,738 | +94.5% |
| Trade receivables | 40 | €120,000 | €134,125 | +€14,125 | +11.8% |
| Other amounts receivable | 41 | €387 | €100,000 | +€99,613 | +25,717% |
| Cash at bank and in hand | 54/58 | €132,744 | €190,015 | +€57,271 | +43.1% |
| Total equity and liabilities | 10/49 | €253,132 | €424,141 | +€171,009 | +67.6% |
| Equity | 10/15 | €216,721 | €337,094 | +€120,374 | +55.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €214,721 | €335,094 | +€120,374 | +56.1% |
| Distributable reserves | 133 | €214,721 | €335,094 | +€120,374 | +56.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,411 | €87,046 | +€50,636 | +139% |
| Amounts payable within one year | 42/48 | €36,174 | €86,195 | +€50,020 | +138% |
| Trade debts | 44 | €508 | €425 | -€83 | -16.3% |
| Suppliers | 440/4 | €508 | €425 | -€83 | -16.3% |
| Taxes, remuneration and social security | 45 | €31,205 | €73,191 | +€41,986 | +135% |
| Taxes | 450/3 | €26,039 | €73,191 | +€47,152 | +181% |
| Remuneration and social security | 454/9 | €5,166 | €0 | -€5,166 | -100% |
| Other amounts payable | 47/48 | €4,462 | €12,579 | +€8,117 | +182% |
| Accrued charges and deferred income | 492/3 | €237 | €852 | +€615 | +260% |
| Other operating charges | 640/8 | €502 | €654 | +€151 | +30.1% |
| Gross operating margin | 9900 | €215,314 | €173,687 | -€41,627 | -19.3% |
| Operating profit (loss) | 9901 | €214,812 | €173,034 | -€41,778 | -19.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €342 | €784 | +€442 | +130% |
| Recurring financial charges | 65 | €342 | €784 | +€442 | +130% |
| Profit (loss) for the period before taxes | 9903 | €214,470 | €172,250 | -€42,220 | -19.7% |
| Income taxes | 67/77 | €63,979 | €51,044 | -€12,936 | -20.2% |
| Profit (loss) for the period | 9904 | €150,491 | €121,206 | -€29,285 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €150,491 | €121,206 | -€29,285 | -19.5% |
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 13 October 2026 via checked.be.