Legendary Aalst: 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.
Legendary Aalst
Largest movements
- Tangible fixed assets -€9,258
down €9,258 (-26.5%), from €34,909 to €25,651
of which Other tangible fixed assets: -€6,963
- Cash -€7,917
down €7,917 (-93.8%), from €8,436 to €519
mainly Current portion of long-term debt (-€21,430) and Tax, wage and social debts (-€3,983)
- Receivables within one year +€3,774
up €3,774 (+35.0%), from €10,781 to €14,555
of which Trade receivables: +€4,959
- Deferred charges and accrued income +€2,669
up €2,669 (+203%), from €1,313 to €3,982
- Stocks and contracts +€1,333
up €1,333 (+4.9%), from €26,968 to €28,302
- Current portion of long-term debt -€21,430
down €21,430 (-93.9%), from €22,819 to €1,389
- Trade debts +€12,015
up €12,015 (+31.2%), from €38,503 to €50,518
- Profit (loss) carried forward +€5,079
up €5,079 (+30.7%), from -€16,568 to -€11,489
- Tax, wage and social debts -€3,983
down €3,983 (-32.5%), from €12,243 to €8,260
of which Taxes: -€3,001
- Short-term financial debts -€3,750
down €3,750 (-100%), from €3,750 to €0
- Gross operating margin -€29,784
down €29,784 (-32.9%), from €90,518 to €60,733
- Other operating charges -€6,276
down €6,276 (-65.9%), from €9,521 to €3,246
- Staff costs +€4,266
up €4,266 (+15.3%), from €27,811 to €32,077
- Depreciation -€3,063
down €3,063 (-21.6%), from €14,171 to €11,108
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 | €90,162 | €80,764 | -€9,398 | -10.4% |
| Fixed assets | 21/28 | €42,664 | €33,406 | -€9,258 | -21.7% |
| Tangible fixed assets | 22/27 | €34,909 | €25,651 | -€9,258 | -26.5% |
| Plant, machinery and equipment | 23 | €8,290 | €6,231 | -€2,059 | -24.8% |
| Furniture and vehicles | 24 | €246 | €11 | -€236 | -95.6% |
| Other tangible fixed assets | 26 | €26,372 | €19,410 | -€6,963 | -26.4% |
| Financial fixed assets | 28 | €7,755 | €7,755 | = | 0.0% |
| Current assets | 29/58 | €47,498 | €47,358 | -€140 | -0.3% |
| Stocks and contracts in progress | 3 | €26,968 | €28,302 | +€1,333 | +4.9% |
| Stocks | 30/36 | €26,968 | €28,302 | +€1,333 | +4.9% |
| Amounts receivable within one year | 40/41 | €10,781 | €14,555 | +€3,774 | +35.0% |
| Trade receivables | 40 | €4,707 | €9,666 | +€4,959 | +105% |
| Other amounts receivable | 41 | €6,074 | €4,889 | -€1,185 | -19.5% |
| Cash at bank and in hand | 54/58 | €8,436 | €519 | -€7,917 | -93.8% |
| Deferred charges and accrued income | 490/1 | €1,313 | €3,982 | +€2,669 | +203% |
| Total equity and liabilities | 10/49 | €90,162 | €80,764 | -€9,398 | -10.4% |
| Equity | 10/15 | €8,432 | €13,511 | +€5,079 | +60.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,568 | -€11,489 | +€5,079 | +30.7% |
| Amounts payable | 17/49 | €81,730 | €67,253 | -€14,477 | -17.7% |
| Amounts payable after more than one year | 17 | €695 | €0 | -€695 | -100% |
| Financial debts | 170/4 | €695 | €0 | -€695 | -100% |
| Amounts payable within one year | 42/48 | €80,607 | €66,459 | -€14,148 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €22,819 | €1,389 | -€21,430 | -93.9% |
| Financial debts | 43 | €3,750 | €0 | -€3,750 | -100% |
| Credit institutions | 430/8 | €3,750 | €0 | -€3,750 | -100% |
| Trade debts | 44 | €38,503 | €50,518 | +€12,015 | +31.2% |
| Suppliers | 440/4 | €38,503 | €50,518 | +€12,015 | +31.2% |
| Taxes, remuneration and social security | 45 | €12,243 | €8,260 | -€3,983 | -32.5% |
| Taxes | 450/3 | €8,484 | €5,483 | -€3,001 | -35.4% |
| Remuneration and social security | 454/9 | €3,759 | €2,776 | -€983 | -26.1% |
| Other amounts payable | 47/48 | €3,293 | €6,293 | +€3,000 | +91.1% |
| Accrued charges and deferred income | 492/3 | €428 | €794 | +€365 | +85.3% |
| Remuneration, social security and pensions | 62 | €27,811 | €32,077 | +€4,266 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,171 | €11,108 | -€3,063 | -21.6% |
| Other operating charges | 640/8 | €9,521 | €3,246 | -€6,276 | -65.9% |
| Gross operating margin | 9900 | €90,518 | €60,733 | -€29,784 | -32.9% |
| Operating profit (loss) | 9901 | €39,015 | €14,303 | -€24,712 | -63.3% |
| Financial income | 75/76B | €52 | €35 | -€16 | -31.4% |
| Recurring financial income | 75 | €52 | €35 | -€16 | -31.4% |
| Financial charges | 65/66B | €8,594 | €9,259 | +€665 | +7.7% |
| Recurring financial charges | 65 | €8,594 | €9,259 | +€665 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €30,472 | €5,079 | -€25,393 | -83.3% |
| Profit (loss) for the period | 9904 | €30,472 | €5,079 | -€25,393 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,472 | €5,079 | -€25,393 | -83.3% |
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 31 October 2026 via checked.be.