ALWA: 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.
ALWA
Largest movements
- Cash -€12,997
down €12,997 (-100.0%), from €12,997 to €1
mainly Net result for the year (-€16,701) and Other debts (-€4,670)
- Receivables within one year -€4,880
down €4,880 (-22.8%), from €21,374 to €16,494
of which Other amounts receivable: -€10,062
- Deferred charges and accrued income -€1,522
down €1,522 (-57.7%), from €2,640 to €1,117
- Tangible fixed assets -€948
down €948 (-14.7%), from €6,442 to €5,494
of which Furniture and vehicles: -€948
- Profit (loss) carried forward -€16,701
down €16,701, from €2,551 to -€14,150
- Other debts -€4,670
down €4,670 (-32.6%), from €14,325 to €9,655
- Trade debts +€1,795
up €1,795 (+234%), from €768 to €2,564
- Tax, wage and social debts -€772
down €772 (-10.6%), from €7,300 to €6,529
of which Taxes: -€1,864
- Gross operating margin -€38,456
down €38,456, from €25,863 to -€12,593
- Taxes -€4,295
down €4,295 (-93.3%), from €4,605 to €311
- Financial charges -€488
down €488 (-25.4%), from €1,925 to €1,436
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 | €43,494 | €23,147 | -€20,347 | -46.8% |
| Fixed assets | 21/28 | €6,483 | €5,536 | -€948 | -14.6% |
| Tangible fixed assets | 22/27 | €6,442 | €5,494 | -€948 | -14.7% |
| Land and buildings | 22 | €3,200 | €3,200 | = | 0.0% |
| Furniture and vehicles | 24 | €3,242 | €2,294 | -€948 | -29.2% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €37,011 | €17,612 | -€19,399 | -52.4% |
| Amounts receivable within one year | 40/41 | €21,374 | €16,494 | -€4,880 | -22.8% |
| Trade receivables | 40 | - | €5,182 | +€5,182 | |
| Other amounts receivable | 41 | €21,374 | €11,312 | -€10,062 | -47.1% |
| Cash at bank and in hand | 54/58 | €12,997 | €1 | -€12,997 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,640 | €1,117 | -€1,522 | -57.7% |
| Total equity and liabilities | 10/49 | €43,494 | €23,147 | -€20,347 | -46.8% |
| Equity | 10/15 | €21,101 | €4,400 | -€16,701 | -79.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,551 | -€14,150 | -€16,701 | |
| Amounts payable | 17/49 | €22,394 | €18,747 | -€3,646 | -16.3% |
| Amounts payable within one year | 42/48 | €22,394 | €18,747 | -€3,646 | -16.3% |
| Trade debts | 44 | €768 | €2,564 | +€1,795 | +234% |
| Suppliers | 440/4 | €768 | €2,564 | +€1,795 | +234% |
| Taxes, remuneration and social security | 45 | €7,300 | €6,529 | -€772 | -10.6% |
| Taxes | 450/3 | €6,780 | €4,916 | -€1,864 | -27.5% |
| Remuneration and social security | 454/9 | €520 | €1,613 | +€1,093 | +210% |
| Other amounts payable | 47/48 | €14,325 | €9,655 | -€4,670 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | €948 | -€53 | -5.3% |
| Other operating charges | 640/8 | €1,565 | €1,413 | -€152 | -9.7% |
| Gross operating margin | 9900 | €25,863 | -€12,593 | -€38,456 | |
| Operating profit (loss) | 9901 | €23,297 | -€14,954 | -€38,251 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €1,925 | €1,436 | -€488 | -25.4% |
| Recurring financial charges | 65 | €1,925 | €1,436 | -€488 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €21,374 | -€16,390 | -€37,764 | |
| Income taxes | 67/77 | €4,605 | €311 | -€4,295 | -93.3% |
| Profit (loss) for the period | 9904 | €16,769 | -€16,701 | -€33,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,769 | -€16,701 | -€33,469 |
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 23 October 2026 via checked.be.