HS ALAWY: 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.
HS ALAWY
Largest movements
- Receivables within one year +€4,629
up €4,629 (+71.9%), from €6,439 to €11,068
of which Trade receivables: +€2,884
- Stocks and contracts +€2,986
new in 2025: €2,986
- Deferred charges and accrued income +€1,100
new in 2025: €1,100
- Cash +€446
up €446 (+19.7%), from €2,261 to €2,707
- Tax, wage and social debts +€4,046
up €4,046 (+632%), from €641 to €4,686
of which Remuneration and social security: +€2,200
- Trade debts +€3,615
up €3,615 (+121%), from €2,977 to €6,591
- Profit (loss) carried forward +€1,501
up €1,501 (+72.1%), from €2,083 to €3,584
- Staff costs +€12,622
up €12,622 (+524%), from €2,411 to €15,033
- Gross operating margin +€11,381
up €11,381 (+224%), from €5,080 to €16,461
- Financial charges +€452
up €452 (+191%), from €237 to €690
- Other operating charges -€430
no longer reported in 2025 (was €430)
- Taxes -€199
down €199 (-45.9%), from €434 to €235
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,700 | €17,861 | +€9,161 | +105% |
| Current assets | 29/58 | €8,700 | €17,861 | +€9,161 | +105% |
| Stocks and contracts in progress | 3 | - | €2,986 | +€2,986 | |
| Stocks | 30/36 | - | €2,986 | +€2,986 | |
| Amounts receivable within one year | 40/41 | €6,439 | €11,068 | +€4,629 | +71.9% |
| Trade receivables | 40 | €2,398 | €5,282 | +€2,884 | +120% |
| Other amounts receivable | 41 | €4,041 | €5,786 | +€1,745 | +43.2% |
| Cash at bank and in hand | 54/58 | €2,261 | €2,707 | +€446 | +19.7% |
| Deferred charges and accrued income | 490/1 | - | €1,100 | +€1,100 | |
| Total equity and liabilities | 10/49 | €8,700 | €17,861 | +€9,161 | +105% |
| Equity | 10/15 | €5,083 | €6,584 | +€1,501 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,083 | €3,584 | +€1,501 | +72.1% |
| Amounts payable | 17/49 | €3,617 | €11,278 | +€7,660 | +212% |
| Amounts payable within one year | 42/48 | €3,617 | €11,278 | +€7,660 | +212% |
| Trade debts | 44 | €2,977 | €6,591 | +€3,615 | +121% |
| Suppliers | 440/4 | €2,977 | €6,591 | +€3,615 | +121% |
| Taxes, remuneration and social security | 45 | €641 | €4,686 | +€4,046 | +632% |
| Taxes | 450/3 | €521 | €2,366 | +€1,846 | +354% |
| Remuneration and social security | 454/9 | €120 | €2,320 | +€2,200 | +1,833% |
| Remuneration, social security and pensions | 62 | €2,411 | €15,033 | +€12,622 | +524% |
| Other operating charges | 640/8 | €430 | - | -€430 | |
| Gross operating margin | 9900 | €5,080 | €16,461 | +€11,381 | +224% |
| Operating profit (loss) | 9901 | €2,238 | €1,427 | -€811 | -36.2% |
| Financial income | 75/76B | €170 | €202 | +€32 | +18.7% |
| Recurring financial income | 75 | €170 | €202 | +€32 | +18.7% |
| Financial charges | 65/66B | €237 | €690 | +€452 | +191% |
| Recurring financial charges | 65 | €237 | €690 | +€452 | +191% |
| Profit (loss) for the period before taxes | 9903 | €2,171 | €939 | -€1,232 | -56.7% |
| Income taxes | 67/77 | €434 | €235 | -€199 | -45.9% |
| Profit (loss) for the period | 9904 | €1,737 | €704 | -€1,032 | -59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,737 | €704 | -€1,032 | -59.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.