ALY.D: 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.
ALY.D
Largest movements
- Cash -€46,835
down €46,835 (-29.8%), from €157,145 to €110,310
mainly Net result for the year (-€65,514) and Investment in fixed assets (net) (-€16,394)
- Tangible fixed assets -€18,777
down €18,777 (-2.0%), from €928,250 to €909,473
of which Land and buildings: -€27,348
- Profit (loss) carried forward -€80,346
down €80,346 (-8.1%), from €997,207 to €916,861
- Gross operating margin -€171,438
down €171,438, from €143,643 to -€27,795
- Depreciation -€94,181
down €94,181 (-70.8%), from €132,962 to €38,781
- Other operating charges -€15,072
down €15,072 (-85.4%), from €17,640 to €2,568
- Purchases and services -€12,537
down €12,537 (-28.3%), from €44,332 to €31,795
- Financial charges -€9,160
down €9,160 (-91.4%), from €10,023 to €863
of which Non-recurring financial charges: -€9,149
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 | €1,488,316 | €1,410,356 | -€77,960 | -5.2% |
| Fixed assets | 21/28 | €931,860 | €909,473 | -€22,387 | -2.4% |
| Tangible fixed assets | 22/27 | €928,250 | €909,473 | -€18,777 | -2.0% |
| Land and buildings | 22 | €909,803 | €882,455 | -€27,348 | -3.0% |
| Plant, machinery and equipment | 23 | - | €18,674 | +€18,674 | |
| Furniture and vehicles | 24 | €18,447 | €8,344 | -€10,103 | -54.8% |
| Financial fixed assets | 28 | €3,610 | - | -€3,610 | |
| Current assets | 29/58 | €556,456 | €500,883 | -€55,573 | -10.0% |
| Amounts receivable within one year | 40/41 | €399,311 | €389,544 | -€9,767 | -2.4% |
| Trade receivables | 40 | €10,310 | - | -€10,310 | |
| Other amounts receivable | 41 | €389,001 | €389,544 | +€543 | +0.1% |
| Cash at bank and in hand | 54/58 | €157,145 | €110,310 | -€46,835 | -29.8% |
| Deferred charges and accrued income | 490/1 | - | €1,029 | +€1,029 | |
| Total equity and liabilities | 10/49 | €1,488,316 | €1,410,356 | -€77,960 | -5.2% |
| Equity | 10/15 | €1,455,009 | €1,374,663 | -€80,346 | -5.5% |
| Contributions | 10/11 | €408,600 | €408,600 | = | 0.0% |
| Reserves | 13 | €49,202 | €49,202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,452 | €30,452 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,452 | €30,452 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €997,207 | €916,861 | -€80,346 | -8.1% |
| Amounts payable | 17/49 | €33,307 | €35,693 | +€2,386 | +7.2% |
| Amounts payable within one year | 42/48 | €33,307 | €35,693 | +€2,386 | +7.2% |
| Trade debts | 44 | €26,104 | €22,763 | -€3,341 | -12.8% |
| Suppliers | 440/4 | €26,104 | €22,763 | -€3,341 | -12.8% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €9,823 | +€9,823 | |
| Taxes | 450/3 | - | €9,823 | +€9,823 | |
| Other amounts payable | 47/48 | €4,703 | €607 | -€4,096 | -87.1% |
| Turnover | 70 | - | €4,000 | +€4,000 | |
| Non-recurring operating income | 76A | €187,975 | €2,122 | -€185,853 | -98.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €44,332 | €31,795 | -€12,537 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,962 | €38,781 | -€94,181 | -70.8% |
| Other operating charges | 640/8 | €17,640 | €2,568 | -€15,072 | -85.4% |
| Gross operating margin | 9900 | €143,643 | -€27,795 | -€171,438 | |
| Operating profit (loss) | 9901 | -€6,959 | -€69,144 | -€62,185 | -893.6% |
| Financial income | 75/76B | €2,505 | €5,101 | +€2,596 | +103.6% |
| Recurring financial income | 75 | €2,505 | €2,122 | -€383 | -15.3% |
| Non-recurring financial income | 76B | - | €2,979 | +€2,979 | |
| Financial charges | 65/66B | €10,023 | €863 | -€9,160 | -91.4% |
| Recurring financial charges | 65 | €330 | €319 | -€11 | -3.3% |
| Non-recurring financial charges | 66B | €9,693 | €544 | -€9,149 | -94.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,477 | -€64,906 | -€50,429 | -348.3% |
| Transfer from deferred taxes | 780 | €156,174 | - | -€156,174 | |
| Income taxes | 67/77 | €451 | €608 | +€157 | +34.8% |
| Profit (loss) for the period | 9904 | €141,246 | -€65,514 | -€206,760 | |
| Transfer from tax-exempt reserves | 789 | €510,049 | - | -€510,049 | |
| Profit (loss) for the period to be appropriated | 9905 | €651,295 | -€65,514 | -€716,809 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.