ALAUDA
Annual accounts 2025
full format, filed on 20-07-2026, 11 days before the deadline€430,160
▼ 12.3%
€5.6m
▲ 13.8%
-€60,372
▼ €135,214
7.6%
▼ 2.3 percentage points
-14.0%
▼ 29.3 percentage points
-1.1%
▼ 2.6 percentage points
The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €5.6m on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
7.6%
Higher than 10% of 3,035 companies in 2025.
-1.1%
Higher than 18% of 3,027 companies in 2025.
ALAUDA
Middle half of the sector
80% of the sector
Full accounts in financial services (NACE 64)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Staff: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
5.6m | 4.9m | 2.0m | 2.2m | 1.3m | 1.3m | 1.2m | 1.0m | 1.1m | 1.2m | 1.3m | 1.3m | 1.1m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.5m | |
21/28 |
5.0m | 3.5m | 1.9m | 1.5m | 505,581 | 2,757 | 1.1m | 1.0m | 1.1m | 1.2m | 1.2m | 1.2m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | |
22/27 |
4.2m | 2.7m | 1.2m | 1.1m | 68,429 | 2,757 | 1.1m | 1.0m | 1.1m | 1.2m | 1.2m | 1.2m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | |
22 |
1.1m | 1.1m | 1.1m | 1.0m | - | 0 | 1.1m | 994,808 | 1.1m | 1.1m | 1.2m | 1.2m | 1.1m | 1.2m | 1.3m | 1.3m | 1.3m | 1.3m | 1.4m | 1.4m | |
23 |
152 | 487 | 822 | 1,158 | 1,493 | 542 | 1,220 | 2,206 | 3,056 | 1,380 | - | - | 270 | 608 | 2,553 | 2,953 | 6,170 | 2,764 | 2,487 | 2,328 | |
24 |
115,074 | 95,146 | 115,356 | 54,818 | 66,936 | 2,215 | 1,921 | 14,365 | 39,967 | 68,131 | 49,082 | - | - | - | 2,115 | 3,358 | - | - | 10,490 | 20,979 | |
27 |
3.0m | 1.5m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
898,750 | 769,330 | 769,330 | 437,152 | 437,152 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
580,239 | 1.5m | 75,438 | 716,010 | 756,568 | 1.3m | 56,894 | 16,583 | 47,178 | 49,816 | 48,121 | 34,784 | 33,621 | 27,857 | 17,651 | 11,208 | 29,649 | 33,042 | 39,710 | 50,057 | |
40/41 |
16,993 | 755,641 | 34,803 | 527,141 | 63,973 | 50,046 | 34,682 | 550 | 21,370 | 28,153 | 32,269 | 33,193 | 29,620 | 23,577 | 11,328 | 10,733 | 858 | 33,041 | 12,689 | 13,096 | |
40 |
15,367 | 21,465 | 33,932 | 27,041 | 63,423 | 49,490 | 34,104 | - | 20,358 | 23,915 | 32,269 | 32,793 | 29,620 | 23,577 | 11,328 | 10,733 | 858 | 33,019 | 12,679 | 13,090 | |
41 |
1,626 | 734,176 | 871 | 500,100 | 550 | 555 | 578 | 550 | 1,012 | 4,238 | - | 400 | - | - | - | - | - | 22 | 10 | 5 | |
54/58 |
555,417 | 715,554 | 35,879 | 175,623 | 689,279 | 1.2m | 19,172 | 14,525 | 24,273 | 19,822 | 14,386 | 1,253 | 3,284 | 3,710 | 5,848 | - | 28,780 | - | 26,941 | 36,962 | |
490/1 |
7,829 | 5,699 | 4,757 | 13,246 | 3,316 | 1,523 | 3,040 | 1,508 | 1,535 | 1,841 | 1,466 | 339 | 717 | 570 | 475 | 476 | 11 | 1 | 81 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
5.6m | 4.9m | 2.0m | 2.2m | 1.3m | 1.3m | 1.2m | 1.0m | 1.1m | 1.2m | 1.3m | 1.3m | 1.1m | 1.2m | 1.3m | 1.3m | 1.4m | 1.4m | 1.4m | 1.5m | |
10/15 |
430,160 | 490,532 | 415,690 | 275,438 | 264,151 | 191,003 | 113,693 | -9,285 | 31,666 | 128,797 | 198,255 | 227,997 | 268,309 | 295,635 | 332,203 | 395,417 | 463,309 | 505,798 | 540,137 | 613,596 | |
10/11 |
870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | |
10 |
870,000 | 870,000 | 870,000 | 870,000 | 870,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 870,000 | |
12 |
- | - | - | - | - | 0 | 166,423 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-439,840 | -379,468 | -454,310 | -594,562 | -605,849 | -678,997 | -922,731 | -879,285 | -838,334 | -741,203 | -671,745 | -642,003 | -601,691 | -574,365 | -537,797 | -474,583 | -406,691 | -364,202 | -329,863 | -256,404 | |
17/49 |
5.2m | 4.5m | 1.6m | 1.9m | 997,998 | 1.1m | 1.0m | 1.0m | 1.1m | 1.1m | 1.1m | 1.0m | 880,882 | 903,214 | 967,353 | 905,245 | 902,771 | 865,953 | 879,991 | 859,730 | |
17 |
4.6m | 3.1m | 870,000 | 870,000 | 870,000 | 970,000 | 971,719 | 781,957 | 792,064 | 802,040 | 770,000 | 770,000 | 770,000 | 770,000 | 901,258 | 863,109 | 879,132 | 835,511 | 838,126 | 841,103 | |
170/4 |
3.7m | 2.2m | - | - | - | 0 | 1,719 | 11,957 | 22,064 | 32,040 | - | - | - | - | - | - | - | - | - | - | |
178/9 |
870,000 | 870,000 | 870,000 | 870,000 | 870,000 | 970,000 | 970,000 | 770,000 | 770,000 | 770,000 | 770,000 | 770,000 | 770,000 | 770,000 | 901,258 | 863,109 | 879,132 | 835,511 | 838,126 | 841,103 | |
42/48 |
620,341 | 1.4m | 727,158 | 1.1m | 125,141 | 111,935 | 74,236 | 255,289 | 296,893 | 307,760 | 297,771 | 240,045 | 83,932 | 106,264 | 66,095 | 42,135 | 23,197 | 29,642 | 18,594 | 15,952 | |
42 |
118,421 | 669,079 | - | - | 0 | 1,719 | 10,238 | 10,107 | 9,977 | 9,849 | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | 0 | 1.0m | - | - | - | - | - | - | - | - | - | - | - | 2,416 | - | 11,699 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,416 | - | 11,699 | - | - | |
439 |
- | - | 0 | 1.0m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
77,295 | 3,170 | 6,399 | 10,963 | 5,377 | 38,166 | 14,010 | 968 | 19,054 | 4,824 | 10,012 | 8,611 | 7,242 | 935 | 19,162 | 8,515 | 12,320 | 6,478 | 10,036 | 8,897 | |
440/4 |
77,295 | 3,170 | 6,399 | 10,963 | 5,377 | 38,166 | 14,010 | 968 | 19,054 | 4,824 | 10,012 | 8,611 | 7,242 | 935 | 19,162 | 8,515 | 12,320 | 6,478 | 10,036 | 8,897 | |
45 |
4,680 | 9,087 | 632 | 4,945 | 8,814 | 3,801 | 3,822 | 3,726 | 2,409 | 8,436 | 17,182 | 1,858 | 4,313 | 4,690 | 8,008 | 8,296 | 10,877 | 11,464 | 8,558 | 7,055 | |
450/3 |
4,680 | 9,087 | 632 | 4,945 | 8,814 | 3,801 | 2,822 | 3,726 | 2,409 | 8,436 | 16,182 | 858 | 3,313 | 4,690 | 6,081 | 5,192 | 10,436 | 11,123 | 6,863 | 5,570 | |
454/9 |
- | - | - | - | - | 0 | 1,000 | - | - | - | 1,000 | 1,000 | 1,000 | - | 1,927 | 3,104 | 441 | 342 | 1,695 | 1,485 | |
47/48 |
419,944 | 719,917 | 720,127 | 40,112 | 110,950 | 68,249 | 46,167 | 240,488 | 265,454 | 284,651 | 270,577 | 229,576 | 72,377 | 100,639 | 38,925 | 22,908 | - | - | - | - | |
492/3 |
25,836 | 5,072 | 7,751 | 13,671 | 2,857 | 6,001 | 387 | - | 26,950 | - | - | 26,950 | 26,950 | 26,950 | - | - | 441 | 800 | 23,271 | 2,675 | |
| Income statement | |||||||||||||||||||||
76A |
- | 0 | 15,385 | - | - | - | - | - | - | - | 3,620 | - | - | 267 | - | - | - | - | - | - | |
9900 |
94,019 | 140,624 | 166,484 | 151,543 | 91,888 | 252,268 | 39,159 | 59,297 | 29,749 | 57,572 | 80,108 | 54,655 | 60,460 | 50,511 | 45,388 | 35,633 | 48,956 | 65,194 | 25,237 | 36,226 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 372 | 12,298 | 14,558 | 4,656 | 6,228 | 6,308 | 3,458 | |
630 |
40,630 | 36,452 | 21,933 | 136,644 | 9,881 | 1,470 | 76,781 | 94,677 | 94,023 | 93,452 | 79,939 | 64,137 | 55,422 | 55,490 | 62,252 | 57,378 | 55,068 | 61,522 | 60,312 | 59,450 | |
640/8 |
2,186 | 5,961 | 2,581 | 4,496 | 4,719 | 4,030 | 4,187 | 3,925 | 3,845 | 5,869 | 3,913 | 2,270 | 3,128 | 3,103 | 4,683 | 3,037 | 3,062 | 3,203 | 3,705 | 3,844 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 438 | - | 644 | - | - | - | - | - | |
9901 |
51,204 | 98,211 | 141,970 | 10,402 | 77,288 | 246,768 | -41,809 | -39,305 | -68,119 | -41,749 | -3,745 | -11,752 | 1,910 | -8,454 | -33,846 | -39,340 | -13,830 | -5,760 | -45,088 | -30,527 | |
75/76B |
0 | 0 | 685 | 11,815 | 0 | 2 | 0 | 2 | 2 | 951 | 2 | - | 10 | 9 | 0 | 1 | 11 | 1 | 148 | 34 | |
75 |
0 | 0 | 685 | 11,815 | 0 | 2 | 0 | 2 | 2 | 951 | 2 | - | 10 | 9 | 0 | 1 | 11 | 1 | 148 | 34 | |
65/66B |
110,295 | 22,312 | 1,181 | 9,393 | 2,486 | 2,175 | 663 | 588 | 27,761 | 27,702 | 29,305 | 28,240 | 28,366 | 28,388 | 28,724 | 28,553 | 28,669 | 28,580 | 28,519 | 14,422 | |
65 |
110,295 | 22,312 | 1,181 | 9,393 | 2,486 | 2,175 | 663 | 588 | 27,761 | 27,702 | 29,305 | 28,240 | 28,366 | 28,388 | 28,724 | 28,553 | 28,669 | 28,580 | 28,519 | 14,422 | |
9903 |
-59,091 | 75,898 | 141,474 | 12,824 | 74,802 | 244,595 | -42,472 | -39,890 | -95,877 | -68,500 | -29,427 | -39,992 | -26,883 | -36,566 | -63,215 | -67,892 | -42,488 | -34,340 | -73,459 | -44,915 | |
67/77 |
1,281 | 1,056 | 1,222 | 1,536 | 1,655 | 861 | 974 | 1,061 | 1,254 | 958 | 314 | 320 | 444 | 1 | - | 0 | - | - | - | - | |
9904 |
-60,372 | 74,842 | 140,252 | 11,288 | 73,148 | 243,734 | -43,446 | -40,951 | -97,131 | -69,458 | -29,742 | -40,312 | -27,327 | -36,567 | -63,215 | -67,892 | -42,488 | -34,340 | -73,459 | -44,915 | |
9905 |
-60,372 | 74,842 | 140,252 | 11,288 | 73,148 | 243,734 | -43,446 | -40,951 | -97,131 | -69,458 | -29,742 | -40,312 | -27,327 | -36,567 | -63,215 | -67,892 | -42,488 | -34,340 | -73,459 | -44,915 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-439,840 | -379,468 | -454,310 | -594,562 | -605,849 | -678,997 | -922,731 | -879,285 | -838,334 | -741,203 | -671,745 | -642,003 | -601,691 | -574,365 | -537,797 | -474,583 | -406,691 | -364,202 | -329,863 | -256,404 | |
14P |
-379,468 | -454,310 | -594,562 | -605,849 | -678,997 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | 0.4 | 0.5 | 0.3 | 0.3 | 0.3 | 0.1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 600 | 924 | 326 | 452 | 474 | 242 | |
| Document | |||||||||||||||||||||
The accounts for 2 older financial years (2004-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 20-07-2026 | 2026-00310265 | |
| 31-12-2024 | abbreviated format | 18-08-2025 | 2025-00381349 | |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00387349 | |
| 31-12-2022 | abbreviated format | 25-08-2023 | 2023-00363098 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20351765 | |
| 31-12-2020 | micro format | 12-08-2021 | 2021-48300079 | |
| 31-12-2019 | micro format | 19-06-2020 | 2020-19200309 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-52000313 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-46900409 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-50500500 | |
| 31-12-2015 | abbreviated format | 18-07-2016 | 2016-31800570 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-50300212 | |
| 31-12-2013 | abbreviated format | 30-09-2014 | 2014-60700588 | |
| 31-12-2012 | abbreviated format | 27-09-2013 | 2013-60000352 | |
| 31-12-2011 | abbreviated format | 31-08-2012 | 2012-49700553 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-49400324 | |
| 31-12-2009 | abbreviated format | 04-11-2010 | 2010-59800133 | |
| 31-12-2008 | abbreviated format | 30-09-2009 | 2009-78100221 | |
| 31-12-2007 | abbreviated format | 30-12-2008 | 2008-87300293 | |
| 31-12-2006 | abbreviated format | 29-08-2007 | 2007-62500255 | |
| 31-12-2005 | abbreviated format | 03-07-2006 | 2006-39204774 | |
| 31-12-2004 | abbreviated format | 23-06-2005 | 2005-32105235 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.6m | 1.6m | 467,976 | 1.1m | 512,704 | 1,086 | 2,120 | 5,660 | 5,636 | 64,329 | 67,636 | 178,775 | 0 | 5,809 | 54,704 | 10,400 | 52,791 | 19,813 | 17,461 | 943 | ||
| -160,137 | 679,675 | -139,744 | -513,656 | -535,334 | 1.2m | 4,647 | -9,748 | 4,451 | 5,435 | 13,134 | -2,031 | -426 | -2,138 | - | - | - | - | -10,021 | - | ||
| 7.6% | 9.9% | 20.6% | 12.4% | 20.9% | 14.9% | 9.8% | -0.9% | 2.8% | 10.4% | 15.7% | 18.0% | 23.3% | 24.7% | 25.6% | 30.4% | 33.9% | 36.9% | 38.0% | 41.6% | ||
| -14.0% | 15.3% | 33.7% | 4.1% | 27.7% | 127.6% | -38.2% | - | -306.7% | -53.9% | -15.0% | -17.7% | -10.2% | -12.4% | -19.0% | -17.2% | -9.2% | -6.8% | -13.6% | -7.3% | ||
| -1.1% | 1.5% | 6.9% | 0.5% | 5.8% | 19.1% | -3.7% | -4.0% | -8.5% | -5.6% | -2.3% | -3.2% | -2.4% | -3.1% | -4.9% | -5.2% | -3.1% | -2.5% | -5.2% | -3.0% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | €2.3m | €2.3m | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.5m | €1.6m | €135,798 | €1.1m | €75,552 |
| Financial fixed assets | €129,420 | - | €332,178 | - | €437,152 |
| €40,630 | €36,452 | €21,933 | €136,644 | €9,881 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ALAUDA
The operating result for 2025 is 48% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 90.1% to 92.4%. Equity is lower and debt is higher.
Large changes and their cause
- 2021 Net result -70% on 2020. The accounts now follow the abbreviated format, last year the micro format.