ALRO INT: 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.
ALRO INT
Largest movements
- Receivables within one year -€76,101
down €76,101 (-78.2%), from €97,318 to €21,217
of which Other amounts receivable: -€79,699
- Tangible fixed assets -€21,272
down €21,272 (-8.0%), from €265,440 to €244,169
of which Land and buildings: -€14,696
- Cash -€18,827
down €18,827 (-65.6%), from €28,718 to €9,891
mainly Advances received (-€78,039) and Debts after one year (-€16,027)
- Stocks and contracts +€8,459
up €8,459 (+8.7%), from €97,358 to €105,816
- Advances received -€78,039
no longer reported in 2025 (was €78,039)
- Debts after one year -€16,027
down €16,027 (-8.1%), from €197,308 to €181,281
- Trade debts -€13,266
down €13,266 (-40.4%), from €32,866 to €19,600
- Other debts +€12,712
up €12,712 (+16.8%), from €75,753 to €88,465
- Accrued charges and deferred income -€10,610
no longer reported in 2025 (was €10,610)
- Gross operating margin +€307
up €307 (+1.2%), from €26,014 to €26,321
- Financial charges -€307
down €307 (-7.8%), from €3,927 to €3,620
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 | €493,771 | €386,031 | -€107,741 | -21.8% |
| Fixed assets | 21/28 | €270,377 | €249,106 | -€21,272 | -7.9% |
| Tangible fixed assets | 22/27 | €265,440 | €244,169 | -€21,272 | -8.0% |
| Land and buildings | 22 | €248,944 | €234,248 | -€14,696 | -5.9% |
| Plant, machinery and equipment | 23 | €3,509 | €2,783 | -€725 | -20.7% |
| Furniture and vehicles | 24 | €12,988 | €7,138 | -€5,850 | -45.0% |
| Financial fixed assets | 28 | €4,937 | €4,937 | = | 0.0% |
| Current assets | 29/58 | €223,394 | €136,925 | -€86,469 | -38.7% |
| Stocks and contracts in progress | 3 | €97,358 | €105,816 | +€8,459 | +8.7% |
| Stocks | 30/36 | €97,358 | €105,816 | +€8,459 | +8.7% |
| Amounts receivable within one year | 40/41 | €97,318 | €21,217 | -€76,101 | -78.2% |
| Trade receivables | 40 | €11,446 | €15,044 | +€3,598 | +31.4% |
| Other amounts receivable | 41 | €85,873 | €6,174 | -€79,699 | -92.8% |
| Cash at bank and in hand | 54/58 | €28,718 | €9,891 | -€18,827 | -65.6% |
| Total equity and liabilities | 10/49 | €493,771 | €386,031 | -€107,741 | -21.8% |
| Equity | 10/15 | €79,687 | €80,657 | +€971 | +1.2% |
| Contributions | 10/11 | €68,592 | €68,592 | = | 0.0% |
| Reserves | 13 | €59,087 | €59,087 | = | 0.0% |
| Distributable reserves | 133 | €59,087 | €59,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,992 | -€47,022 | +€971 | +2.0% |
| Amounts payable | 17/49 | €414,085 | €305,373 | -€108,711 | -26.3% |
| Amounts payable after more than one year | 17 | €197,308 | €181,281 | -€16,027 | -8.1% |
| Financial debts | 170/4 | €197,308 | €181,281 | -€16,027 | -8.1% |
| Amounts payable within one year | 42/48 | €206,166 | €124,092 | -€82,074 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | €18,476 | €16,027 | -€2,449 | -13.3% |
| Trade debts | 44 | €32,866 | €19,600 | -€13,266 | -40.4% |
| Suppliers | 440/4 | €32,866 | €19,600 | -€13,266 | -40.4% |
| Advances received on contracts in progress | 46 | €78,039 | - | -€78,039 | |
| Taxes, remuneration and social security | 45 | €1,033 | - | -€1,033 | |
| Taxes | 450/3 | €1,033 | - | -€1,033 | |
| Other amounts payable | 47/48 | €75,753 | €88,465 | +€12,712 | +16.8% |
| Accrued charges and deferred income | 492/3 | €10,610 | - | -€10,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,039 | €21,272 | +€233 | +1.1% |
| Other operating charges | 640/8 | €300 | €481 | +€181 | +60.1% |
| Gross operating margin | 9900 | €26,014 | €26,321 | +€307 | +1.2% |
| Operating profit (loss) | 9901 | €4,675 | €4,569 | -€106 | -2.3% |
| Financial income | 75/76B | €18 | €22 | +€3 | +17.5% |
| Recurring financial income | 75 | €18 | €22 | +€3 | +17.5% |
| Financial charges | 65/66B | €3,927 | €3,620 | -€307 | -7.8% |
| Recurring financial charges | 65 | €3,927 | €3,620 | -€307 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €767 | €971 | +€204 | +26.6% |
| Profit (loss) for the period | 9904 | €767 | €971 | +€204 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €767 | €971 | +€204 | +26.6% |
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 11 October 2026 via checked.be.