ALEA JACTA: 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.
ALEA JACTA
Largest movements
- Tangible fixed assets -€60,531
down €60,531 (-11.1%), from €547,413 to €486,882
- Receivables within one year -€46,899
down €46,899 (-44.2%), from €105,988 to €59,089
of which Trade receivables: -€43,880
- Cash +€22,800
up €22,800 (+70.8%), from €32,191 to €54,991
mainly Depreciation (+€91,369) and Other debts (+€49,986)
- Trade debts -€70,113
down €70,113 (-84.3%), from €83,128 to €13,015
- Debts after one year -€58,277
down €58,277 (-13.3%), from €439,139 to €380,863
- Other debts +€49,986
up €49,986 (+154%), from €32,495 to €82,481
- Profit (loss) carried forward -€37,120
down €37,120, from €17,482 to -€19,638
- Tax, wage and social debts +€16,041
up €16,041 (+713%), from €2,250 to €18,291
of which Taxes: +€15,874
- Gross operating margin -€115,116
down €115,116 (-56.8%), from €202,618 to €87,501
- Financial income -€9,704
down €9,704 (-97.8%), from €9,921 to €217
- Financial charges +€7,807
up €7,807 (+51.6%), from €15,115 to €22,922
- Depreciation -€7,247
down €7,247 (-7.3%), from €98,616 to €91,369
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 | €685,592 | €600,962 | -€84,630 | -12.3% |
| Fixed assets | 21/28 | €547,413 | €486,882 | -€60,531 | -11.1% |
| Tangible fixed assets | 22/27 | €547,413 | €486,882 | -€60,531 | -11.1% |
| Land and buildings | 22 | €349,192 | €334,818 | -€14,374 | -4.1% |
| Plant, machinery and equipment | 23 | €80,406 | €52,611 | -€27,796 | -34.6% |
| Furniture and vehicles | 24 | €2,370 | €1,777 | -€592 | -25.0% |
| Other tangible fixed assets | 26 | €115,446 | €97,676 | -€17,769 | -15.4% |
| Current assets | 29/58 | €138,179 | €114,079 | -€24,099 | -17.4% |
| Amounts receivable within one year | 40/41 | €105,988 | €59,089 | -€46,899 | -44.2% |
| Trade receivables | 40 | €90,059 | €46,178 | -€43,880 | -48.7% |
| Other amounts receivable | 41 | €15,929 | €12,910 | -€3,019 | -19.0% |
| Cash at bank and in hand | 54/58 | €32,191 | €54,991 | +€22,800 | +70.8% |
| Total equity and liabilities | 10/49 | €685,592 | €600,962 | -€84,630 | -12.3% |
| Equity | 10/15 | €85,156 | €48,035 | -€37,120 | -43.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,074 | €49,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,074 | €4,074 | = | 0.0% |
| Legal reserve | 130 | €4,074 | €4,074 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,482 | -€19,638 | -€37,120 | |
| Amounts payable | 17/49 | €600,436 | €552,926 | -€47,510 | -7.9% |
| Amounts payable after more than one year | 17 | €439,139 | €380,863 | -€58,277 | -13.3% |
| Financial debts | 170/4 | €439,139 | €380,863 | -€58,277 | -13.3% |
| Amounts payable within one year | 42/48 | €161,297 | €172,064 | +€10,767 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €43,424 | €58,277 | +€14,853 | +34.2% |
| Trade debts | 44 | €83,128 | €13,015 | -€70,113 | -84.3% |
| Suppliers | 440/4 | €83,128 | €13,015 | -€70,113 | -84.3% |
| Taxes, remuneration and social security | 45 | €2,250 | €18,291 | +€16,041 | +713% |
| Taxes | 450/3 | €1,407 | €17,281 | +€15,874 | +1,128% |
| Remuneration and social security | 454/9 | €843 | €1,010 | +€167 | +19.7% |
| Other amounts payable | 47/48 | €32,495 | €82,481 | +€49,986 | +154% |
| Remuneration, social security and pensions | 62 | €7,974 | €9,198 | +€1,224 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,616 | €91,369 | -€7,247 | -7.3% |
| Other operating charges | 640/8 | €1,320 | €1,350 | +€30 | +2.2% |
| Gross operating margin | 9900 | €202,618 | €87,501 | -€115,116 | -56.8% |
| Operating profit (loss) | 9901 | €94,708 | -€14,416 | -€109,124 | |
| Financial income | 75/76B | €9,921 | €217 | -€9,704 | -97.8% |
| Recurring financial income | 75 | €9,921 | €217 | -€9,704 | -97.8% |
| Financial charges | 65/66B | €15,115 | €22,922 | +€7,807 | +51.6% |
| Recurring financial charges | 65 | €15,115 | €22,922 | +€7,807 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | €89,514 | -€37,120 | -€126,634 | |
| Profit (loss) for the period | 9904 | €89,514 | -€37,120 | -€126,634 | |
| Profit (loss) for the period to be appropriated | 9905 | €89,514 | -€37,120 | -€126,634 |
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 13 October 2026 via checked.be.