ALIAS CONSULT: 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.
ALIAS CONSULT
Largest movements
- Cash -€32,708
down €32,708 (-73.6%), from €44,450 to €11,743
mainly Investment in fixed assets (net) (-€71,269) and Trade debts (-€45,351)
- Tangible fixed assets +€29,443
up €29,443 (+70.4%), from €41,841 to €71,284
of which Leasing and similar rights: +€47,160
- Intangible fixed assets +€8,813
up €8,813 (+87.4%), from €10,088 to €18,901
- Receivables within one year -€7,747
down €7,747 (-2.2%), from €347,035 to €339,288
of which Trade receivables: -€13,747
- Other debts +€94,791
up €94,791 (+928%), from €10,209 to €105,000
- Trade debts -€45,351
down €45,351 (-29.3%), from €154,885 to €109,534
- Tax, wage and social debts -€38,440
down €38,440 (-47.4%), from €81,019 to €42,579
of which Taxes: -€31,059
- Profit (loss) carried forward -€33,385
new in 2025: -€33,385
- Debts after one year +€24,834
up €24,834 (+187%), from €13,258 to €38,092
- Gross operating margin -€147,362
down €147,362 (-41.7%), from €353,119 to €205,757
- Staff costs -€106,544
down €106,544 (-35.8%), from €297,494 to €190,949
- Depreciation +€10,174
up €10,174 (+42.0%), from €24,218 to €34,392
- Taxes -€9,699
down €9,699 (-95.5%), from €10,161 to €462
- Other operating charges +€6,623
up €6,623 (+205%), from €3,233 to €9,856
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 | €458,182 | €454,575 | -€3,606 | -0.8% |
| Fixed assets | 21/28 | €58,889 | €95,765 | +€36,877 | +62.6% |
| Intangible fixed assets | 21 | €10,088 | €18,901 | +€8,813 | +87.4% |
| Tangible fixed assets | 22/27 | €41,841 | €71,284 | +€29,443 | +70.4% |
| Furniture and vehicles | 24 | €41,841 | €22,586 | -€19,254 | -46.0% |
| Leasing and similar rights | 25 | - | €47,160 | +€47,160 | |
| Other tangible fixed assets | 26 | - | €1,537 | +€1,537 | |
| Financial fixed assets | 28 | €6,960 | €5,580 | -€1,380 | -19.8% |
| Current assets | 29/58 | €399,293 | €358,810 | -€40,483 | -10.1% |
| Amounts receivable within one year | 40/41 | €347,035 | €339,288 | -€7,747 | -2.2% |
| Trade receivables | 40 | €336,035 | €322,288 | -€13,747 | -4.1% |
| Other amounts receivable | 41 | €11,000 | €17,000 | +€6,000 | +54.5% |
| Current investments | 50/53 | €5 | €5 | -€0 | -3.1% |
| Cash at bank and in hand | 54/58 | €44,450 | €11,743 | -€32,708 | -73.6% |
| Deferred charges and accrued income | 490/1 | €7,803 | €7,775 | -€28 | -0.4% |
| Total equity and liabilities | 10/49 | €458,182 | €454,575 | -€3,606 | -0.8% |
| Equity | 10/15 | €191,127 | €133,742 | -€57,385 | -30.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €166,337 | €142,337 | -€24,000 | -14.4% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €163,859 | €139,859 | -€24,000 | -14.6% |
| Profit (loss) carried forward | 14 | - | -€33,385 | -€33,385 | |
| Amounts payable | 17/49 | €267,055 | €320,834 | +€53,779 | +20.1% |
| Amounts payable after more than one year | 17 | €13,258 | €38,092 | +€24,834 | +187% |
| Financial debts | 170/4 | €13,258 | €38,092 | +€24,834 | +187% |
| Amounts payable within one year | 42/48 | €253,797 | €282,741 | +€28,945 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €7,684 | €20,628 | +€12,945 | +168% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €154,885 | €109,534 | -€45,351 | -29.3% |
| Suppliers | 440/4 | €154,885 | €109,534 | -€45,351 | -29.3% |
| Taxes, remuneration and social security | 45 | €81,019 | €42,579 | -€38,440 | -47.4% |
| Taxes | 450/3 | €50,440 | €19,381 | -€31,059 | -61.6% |
| Remuneration and social security | 454/9 | €30,579 | €23,198 | -€7,381 | -24.1% |
| Other amounts payable | 47/48 | €10,209 | €105,000 | +€94,791 | +928% |
| Remuneration, social security and pensions | 62 | €297,494 | €190,949 | -€106,544 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,218 | €34,392 | +€10,174 | +42.0% |
| Other operating charges | 640/8 | €3,233 | €9,856 | +€6,623 | +205% |
| Gross operating margin | 9900 | €353,119 | €205,757 | -€147,362 | -41.7% |
| Operating profit (loss) | 9901 | €28,175 | -€29,440 | -€57,615 | |
| Financial income | 75/76B | €464 | €0 | -€463 | -99.9% |
| Recurring financial income | 75 | €464 | €0 | -€463 | -99.9% |
| Financial charges | 65/66B | €6,268 | €3,483 | -€2,785 | -44.4% |
| Recurring financial charges | 65 | €3,408 | €3,483 | +€75 | +2.2% |
| Non-recurring financial charges | 66B | €2,860 | - | -€2,860 | |
| Profit (loss) for the period before taxes | 9903 | €22,371 | -€32,923 | -€55,294 | |
| Income taxes | 67/77 | €10,161 | €462 | -€9,699 | -95.5% |
| Profit (loss) for the period | 9904 | €12,209 | -€33,385 | -€45,594 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,209 | -€33,385 | -€45,594 |
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 17 October 2026 via checked.be.