ALIDES DEVELOPMENT (0667.674.457): financials and annual accounts

ALIDES DEVELOPMENT

Ghent ·KBO/BCE: BE 0667.674.457

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	5.6m	5.5m	3.7m	1.2m	174,755	232,924	165,611	196,674	2,997
Formation expenses`20`	-	-	-	-	-	240	502	764	1,026
Fixed assets`21/28`	103,624	202,175	162,590	100,169	147,883	191,554	97,989	64,154	1,395
Tangible fixed assets`22/27`	99,415	197,966	158,381	95,960	143,674	191,554	97,989	64,154	1,395
Land and buildings`22`	99,415	184,375	51,409	95,960	143,674	191,554	97,989	64,154	1,395
Assets under construction and advance payments`27`	-	13,591	106,972	-	-	-	-	-	-
Financial fixed assets`28`	4,209	4,209	4,209	4,209	4,209	-	-	-	-
Current assets`29/58`	5.5m	5.3m	3.6m	1.1m	26,872	41,130	67,121	131,757	576
Stocks and contracts in progress`3`	4.8m	4.7m	3.3m	1.0m	-	-	-	-	-
Contracts in progress`37`	4.8m	4.7m	3.3m	1.0m	-	-	-	-	-
Amounts receivable within one year`40/41`	501,407	32,874	2,624	15,442	200	-	-	-	-
Trade receivables`40`	500,644	23,541	2,624	9,762	-	-	-	-	-
Other amounts receivable`41`	764	9,333	-	5,680	200	-	-	-	-
Cash at bank and in hand`54/58`	231,634	591,220	233,746	19,048	26,672	41,130	67,121	131,757	576
Deferred charges and accrued income`490/1`	50	736	4,482	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	5.6m	5.5m	3.7m	1.2m	174,755	232,924	165,611	196,674	2,997
Equity`10/15`	-1.0m	-152,051	-136,864	4,317	70,061	132,852	165,611	196,293	2,997
Contributions`10/11`	218,600	218,600	218,600	218,600	218,600	218,600	218,600	218,600	6,300
Issued capital`100`	-	-	-	-	-	-	218,600	218,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	12,300
Profit (loss) carried forward`14`	-1.2m	-370,651	-355,464	-214,283	-148,539	-85,748	-52,989	-22,307	-3,303
Amounts payable`17/49`	6.6m	5.7m	3.9m	1.2m	104,695	100,073	-	381	-
Amounts payable within one year`42/48`	6.6m	5.7m	3.8m	1.2m	104,695	100,073	-	381	-
Financial debts`43`	5.1m	4.2m	2.4m	810,000	100,000	-	-	-	-
Credit institutions`430/8`	423,300	-	2.4m	810,000	-	-	-	-	-
Other loans`439`	4.6m	4.2m	-	-	100,000	-	-	-	-
Trade debts`44`	660,040	1.5m	1.0m	357,789	4,695	73	-	381	-
Suppliers`440/4`	660,040	1.5m	1.0m	357,789	4,695	73	-	381	-
Advances received on contracts in progress`46`	868,539	-	398,160	-	-	-	-	-	-
Taxes, remuneration and social security`45`	20,411	-	10,916	-	-	-	-	-	-
Taxes`450/3`	20,411	-	10,916	-	-	-	-	-	-
Other amounts payable`47/48`	22	-	-	-	-	100,000	-	-	-
Accrued charges and deferred income`492/3`	-	1	55,518	4,636	-	-	-	-	-
Income statement
Gross operating margin`9900`	-395,278	25,688	-87,698	-17,141	-10,338	-1,715	-1,539	-2,160	-1,591
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	42,435	39,599	44,551	47,714	48,120	30,374	28,577	16,147	453
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	349,039	-	-	-	-	-	-	-	-
Other operating charges`640/8`	120	537	8,205	621	1,067	467	480	478	1,222
Non-recurring operating charges`66A`	64,047	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	-850,918	-14,448	-140,454	-65,476	-59,525	-32,556	-30,596	-18,785	-3,266
Financial income`75/76B`	657	2,268	79	-	-	-	-	-	-
Recurring financial income`75`	657	2,268	79	-	-	-	-	-	-
Financial charges`65/66B`	0	3,006	806	268	3,266	204	86	219	37
Recurring financial charges`65`	0	3,006	806	268	3,266	204	86	219	37
Profit (loss) for the period before taxes`9903`	-850,261	-15,187	-141,181	-65,744	-62,791	-32,760	-30,682	-19,004	-3,303
Income taxes`67/77`	0	0	-	-	-	-	-	-	-
Profit (loss) for the period`9904`	-850,261	-15,187	-141,181	-65,744	-62,791	-32,760	-30,682	-19,004	-3,303
Profit (loss) for the period to be appropriated`9905`	-850,261	-15,187	-141,181	-65,744	-62,791	-32,760	-30,682	-19,004	-3,303
Appropriation of the result
Profit (loss) to be appropriated`9906`	-1.2m	-370,651	-355,464	-214,283	-148,539	-85,748	-52,989	-22,307	-3,303
Profit (loss) brought forward from the previous period`14P`	-370,651	-355,464	-214,283	-148,539	-85,748	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	11-05-2026	2026-00109515	PDF
31-12-2024	abbreviated format	09-05-2025	2025-00095225	PDF
31-12-2023	abbreviated format	13-05-2024	2024-00088401	PDF
31-12-2022	abbreviated format	12-05-2023	2023-00089243	PDF
31-12-2021	abbreviated format	23-05-2022	2022-20035722	PDF
31-12-2020	abbreviated format	01-06-2021	2021-16800441	PDF
31-12-2019	abbreviated format	10-06-2020	2020-16200588	PDF
31-12-2018	abbreviated format	03-06-2019	2019-15300350	PDF
31-12-2017	abbreviated format	30-10-2018	2018-70700397	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	-808,483	25,151	-95,904	-17,762	-11,405	-2,182	-2,019	-2,637	-2,813
Cash flow	-807,826	24,412	-96,630	-18,029	-14,671	-2,386	-2,104	-2,857	-2,850
Investment in fixed assets (approximation)	7,931	79,184	106,972	0	4,209	123,677	62,150	78,644	1,564
Change in cash	-359,586	357,474	214,698	-7,624	-14,458	-25,991	-64,636	131,180	-
Working capital	-1.1m	-354,225	-243,936	-91,216	-77,823	-58,943	-	131,376	-
Solvency	-17.8%	-2.7%	-3.7%	0.4%	40.1%	57.0%	100.0%	99.8%	-
Current ratio	0.83	0.94	0.94	0.92	0.26	0.41	-	-	-
Quick ratio	0.11	0.11	0.06	0.03	0.26	0.41	-	-	-
Debt to equity	-	-	-	-	1.49	0.75	-	0.00	-
ROE	-	-	-	-	-89.6%	-24.7%	-18.5%	-9.7%	-
ROA	-15.1%	-0.3%	-3.8%	-5.6%	-35.9%	-14.1%	-18.5%	-9.7%	-
Interest coverage	-3368680.29	8.37	-119.06	-66.39	-3.49	-	-	-	-

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€423,300	-	-	-	-
Mortgages, amount registered	€25,000	€25,000	€25,000	€25,000	-
Mortgage mandates	€5.4m	€5.4m	€5.4m	€5.4m	-
Carrying value of the mortgaged assets	€3.4m	€4.7m	€3.3m	€1.0m	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€7,931	€79,184	€106,972	-	-
Financial fixed assets	-	-	-	-	€4,209
Depreciation and write-downs of the year	€42,435	€39,599	€44,551	€47,714	€48,120

ALIDES DEVELOPMENT

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency-17.8%

Current ratio0.83

Return on assets-15.1%

Filed annual accounts

Filings

Key figures and ratios

Securities and guarantees

Investments

Insights on ALIDES DEVELOPMENT

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