ALWAN HOLDING: what changed
ALWAN HOLDING
Largest movements
- Cash +€42,682
up €42,682 (+27.9%), from €152,901 to €195,583
mainly Net result for the year (+€22,891) and Depreciation (+€18,035)
- Tangible fixed assets -€18,035
down €18,035 (-10.9%), from €166,069 to €148,034
of which Land and buildings: -€17,077
- Reserves +€22,891
up €22,891 (+22.3%), from €102,615 to €125,506
of which Distributable reserves: +€22,891
- Gross operating margin +€5,236
up €5,236 (+9.4%), from €55,450 to €60,687
- Taxes +€2,212
up €2,212 (+23.3%), from €9,509 to €11,721
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 | €328,570 | €353,445 | +€24,874 | +7.6% |
| Fixed assets | 21/28 | €166,131 | €148,034 | -€18,097 | -10.9% |
| Tangible fixed assets | 22/27 | €166,069 | €148,034 | -€18,035 | -10.9% |
| Land and buildings | 22 | €163,350 | €146,273 | -€17,077 | -10.5% |
| Furniture and vehicles | 24 | €2,719 | €1,762 | -€958 | -35.2% |
| Financial fixed assets | 28 | €62 | - | -€62 | |
| Current assets | 29/58 | €162,439 | €205,410 | +€42,971 | +26.5% |
| Cash at bank and in hand | 54/58 | €152,901 | €195,583 | +€42,682 | +27.9% |
| Deferred charges and accrued income | 490/1 | €9,538 | €9,827 | +€289 | +3.0% |
| Total equity and liabilities | 10/49 | €328,570 | €353,445 | +€24,874 | +7.6% |
| Equity | 10/15 | €269,951 | €292,842 | +€22,891 | +8.5% |
| Contributions | 10/11 | €167,336 | €167,336 | = | 0.0% |
| Reserves | 13 | €102,615 | €125,506 | +€22,891 | +22.3% |
| Non-distributable reserves | 130/1 | €1,525 | €1,525 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,525 | €1,525 | = | 0.0% |
| Distributable reserves | 133 | €101,090 | €123,981 | +€22,891 | +22.6% |
| Amounts payable | 17/49 | €58,620 | €60,602 | +€1,983 | +3.4% |
| Amounts payable within one year | 42/48 | €51,022 | €52,779 | +€1,757 | +3.4% |
| Taxes, remuneration and social security | 45 | €9,902 | €11,721 | +€1,819 | +18.4% |
| Taxes | 450/3 | €9,902 | €11,721 | +€1,819 | +18.4% |
| Other amounts payable | 47/48 | €41,120 | €41,058 | -€62 | -0.2% |
| Accrued charges and deferred income | 492/3 | €7,597 | €7,823 | +€226 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,086 | €18,035 | -€52 | -0.3% |
| Other operating charges | 640/8 | €7,597 | €7,854 | +€257 | +3.4% |
| Gross operating margin | 9900 | €55,450 | €60,687 | +€5,236 | +9.4% |
| Operating profit (loss) | 9901 | €29,767 | €34,798 | +€5,031 | +16.9% |
| Financial charges | 65/66B | €184 | €185 | +€1 | +0.7% |
| Recurring financial charges | 65 | €184 | €185 | +€1 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €29,583 | €34,613 | +€5,030 | +17.0% |
| Income taxes | 67/77 | €9,509 | €11,721 | +€2,212 | +23.3% |
| Profit (loss) for the period | 9904 | €20,074 | €22,891 | +€2,818 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,074 | €22,891 | +€2,818 | +14.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.