T.ALIF: what changed
T.ALIF
Largest movements
- Receivables within one year +€24,718
up €24,718 (+249%), from €9,926 to €34,644
of which Trade receivables: +€24,219
- Stocks and contracts -€5,937
down €5,937 (-79.8%), from €7,437 to €1,500
- Deferred charges and accrued income -€3,082
down €3,082 (-85.6%), from €3,600 to €517
- Financial fixed assets -€2,540
down €2,540 (-59.5%), from €4,269 to €1,729
- Tangible fixed assets -€1,574
down €1,574 (-74.4%), from €2,115 to €540
of which Furniture and vehicles: -€1,088
- Profit (loss) carried forward +€32,152
up €32,152 (+84.0%), from -€38,263 to -€6,110
- Other debts -€9,248
down €9,248 (-58.9%), from €15,710 to €6,462
- Reserves -€7,300
down €7,300 (-79.7%), from €9,160 to €1,860
of which Distributable reserves: -€7,300
- Tax, wage and social debts -€3,275
down €3,275 (-49.8%), from €6,573 to €3,298
of which Remuneration and social security: -€3,473
- Trade debts -€1,276
down €1,276 (-7.0%), from €18,179 to €16,903
- Gross operating margin +€44,081
up €44,081 (+48.3%), from €91,235 to €135,316
- Staff costs -€42,990
down €42,990 (-33.1%), from €130,065 to €87,074
- Other operating charges +€3,889
up €3,889 (+257%), from €1,512 to €5,401
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 | €29,959 | €41,013 | +€11,054 | +36.9% |
| Fixed assets | 21/28 | €6,384 | €2,270 | -€4,114 | -64.4% |
| Tangible fixed assets | 22/27 | €2,115 | €540 | -€1,574 | -74.4% |
| Plant, machinery and equipment | 23 | €907 | €421 | -€486 | -53.6% |
| Furniture and vehicles | 24 | €1,207 | €120 | -€1,088 | -90.1% |
| Financial fixed assets | 28 | €4,269 | €1,729 | -€2,540 | -59.5% |
| Current assets | 29/58 | €23,575 | €38,743 | +€15,168 | +64.3% |
| Stocks and contracts in progress | 3 | €7,437 | €1,500 | -€5,937 | -79.8% |
| Stocks | 30/36 | €7,437 | €1,500 | -€5,937 | -79.8% |
| Amounts receivable within one year | 40/41 | €9,926 | €34,644 | +€24,718 | +249% |
| Trade receivables | 40 | €8,547 | €32,766 | +€24,219 | +283% |
| Other amounts receivable | 41 | €1,379 | €1,878 | +€499 | +36.2% |
| Cash at bank and in hand | 54/58 | €2,612 | €2,081 | -€531 | -20.3% |
| Deferred charges and accrued income | 490/1 | €3,600 | €517 | -€3,082 | -85.6% |
| Total equity and liabilities | 10/49 | €29,959 | €41,013 | +€11,054 | +36.9% |
| Equity | 10/15 | -€10,503 | €14,350 | +€24,852 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,160 | €1,860 | -€7,300 | -79.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,300 | €0 | -€7,300 | -100% |
| Profit (loss) carried forward | 14 | -€38,263 | -€6,110 | +€32,152 | +84.0% |
| Amounts payable | 17/49 | €40,462 | €26,663 | -€13,799 | -34.1% |
| Amounts payable within one year | 42/48 | €40,462 | €26,663 | -€13,799 | -34.1% |
| Trade debts | 44 | €18,179 | €16,903 | -€1,276 | -7.0% |
| Suppliers | 440/4 | €18,179 | €16,903 | -€1,276 | -7.0% |
| Taxes, remuneration and social security | 45 | €6,573 | €3,298 | -€3,275 | -49.8% |
| Taxes | 450/3 | €844 | €1,042 | +€198 | +23.5% |
| Remuneration and social security | 454/9 | €5,729 | €2,256 | -€3,473 | -60.6% |
| Other amounts payable | 47/48 | €15,710 | €6,462 | -€9,248 | -58.9% |
| Remuneration, social security and pensions | 62 | €130,065 | €87,074 | -€42,990 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,714 | €1,574 | -€140 | -8.2% |
| Other operating charges | 640/8 | €1,512 | €5,401 | +€3,889 | +257% |
| Non-recurring operating charges | 66A | €0 | €3,556 | +€3,556 | |
| Gross operating margin | 9900 | €91,235 | €135,316 | +€44,081 | +48.3% |
| Operating profit (loss) | 9901 | -€42,056 | €37,710 | +€79,766 | |
| Financial income | 75/76B | - | €150 | +€150 | |
| Recurring financial income | 75 | - | €150 | +€150 | |
| Financial charges | 65/66B | €5,764 | €5,364 | -€400 | -6.9% |
| Recurring financial charges | 65 | €5,764 | €5,364 | -€400 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,820 | €32,496 | +€80,316 | |
| Income taxes | 67/77 | €510 | €344 | -€167 | -32.6% |
| Profit (loss) for the period | 9904 | -€48,331 | €32,152 | +€80,483 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,331 | €32,152 | +€80,483 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.