ALANDIS: 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.
ALANDIS
Largest movements
- Current investments +€400,001
new in 2025: €400,001
- Receivables within one year -€161,773
down €161,773 (-63.4%), from €254,992 to €93,220
of which Other amounts receivable: -€171,733
- Cash +€153,225
up €153,225 (+195%), from €78,383 to €231,608
mainly Other debts (+€582,541) and Net result for the year (+€360,122)
- Tangible fixed assets -€120,379
down €120,379 (-6.4%), from €1.9m to €1.8m
of which Land and buildings: -€79,279
- Other debts +€582,541
new in 2025: €582,541
- Reserves -€219,878
down €219,878 (-22.7%), from €967,003 to €747,125
of which Distributable reserves: -€219,878
- Debts after one year -€194,467
down €194,467 (-12.5%), from €1.6m to €1.4m
of which Financial debts: -€194,467
- Provisions +€91,042
new in 2025: €91,042
- Financial income +€148,119
up €148,119 (+84.6%), from €175,003 to €323,122
- Provisions +€91,042
new in 2025: €91,042
- Staff costs +€56,607
up €56,607, from -€410 to €56,197
- Gross operating margin +€43,465
up €43,465 (+11.2%), from €387,176 to €430,641
- Depreciation -€21,485
down €21,485 (-13.1%), from €164,494 to €143,009
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 | €3,674,237 | €3,950,876 | +€276,639 | +7.5% |
| Fixed assets | 21/28 | €3,339,266 | €3,218,887 | -€120,379 | -3.6% |
| Tangible fixed assets | 22/27 | €1,872,844 | €1,752,465 | -€120,379 | -6.4% |
| Land and buildings | 22 | €1,770,675 | €1,691,396 | -€79,279 | -4.5% |
| Plant, machinery and equipment | 23 | €9,286 | €5,391 | -€3,895 | -41.9% |
| Furniture and vehicles | 24 | €84,993 | €41,792 | -€43,201 | -50.8% |
| Other tangible fixed assets | 26 | €7,890 | €13,886 | +€5,996 | +76.0% |
| Financial fixed assets | 28 | €1,466,422 | €1,466,422 | = | 0.0% |
| Current assets | 29/58 | €334,971 | €731,989 | +€397,018 | +119% |
| Amounts receivable within one year | 40/41 | €254,992 | €93,220 | -€161,773 | -63.4% |
| Trade receivables | 40 | €4,781 | €14,741 | +€9,960 | +208% |
| Other amounts receivable | 41 | €250,211 | €78,479 | -€171,733 | -68.6% |
| Current investments | 50/53 | - | €400,001 | +€400,001 | |
| Cash at bank and in hand | 54/58 | €78,383 | €231,608 | +€153,225 | +195% |
| Deferred charges and accrued income | 490/1 | €1,596 | €7,161 | +€5,565 | +349% |
| Total equity and liabilities | 10/49 | €3,674,237 | €3,950,876 | +€276,639 | +7.5% |
| Equity | 10/15 | €1,895,188 | €1,675,310 | -€219,878 | -11.6% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Reserves | 13 | €967,003 | €747,125 | -€219,878 | -22.7% |
| Non-distributable reserves | 130/1 | €17,003 | €17,003 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,003 | €17,003 | = | 0.0% |
| Distributable reserves | 133 | €950,000 | €730,122 | -€219,878 | -23.1% |
| Profit (loss) carried forward | 14 | €508,185 | €508,185 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €91,042 | +€91,042 | |
| Provisions for liabilities and charges | 160/5 | - | €91,042 | +€91,042 | |
| Other liabilities and charges | 164/5 | - | €91,042 | +€91,042 | |
| Amounts payable | 17/49 | €1,779,049 | €2,184,524 | +€405,476 | +22.8% |
| Amounts payable after more than one year | 17 | €1,553,140 | €1,358,673 | -€194,467 | -12.5% |
| Financial debts | 170/4 | €1,552,147 | €1,357,680 | -€194,467 | -12.5% |
| Other amounts payable | 178/9 | €993 | €993 | = | 0.0% |
| Amounts payable within one year | 42/48 | €225,909 | €825,851 | +€599,943 | +266% |
| Current portion of amounts payable after more than one year | 42 | €197,982 | €197,775 | -€207 | -0.1% |
| Financial debts | 43 | - | €1,533 | +€1,533 | |
| Credit institutions | 430/8 | - | €1,533 | +€1,533 | |
| Trade debts | 44 | €2,806 | €11,394 | +€8,588 | +306% |
| Suppliers | 440/4 | €2,806 | €11,394 | +€8,588 | +306% |
| Taxes, remuneration and social security | 45 | €25,121 | €32,609 | +€7,488 | +29.8% |
| Taxes | 450/3 | €25,121 | €32,609 | +€7,488 | +29.8% |
| Other amounts payable | 47/48 | - | €582,541 | +€582,541 | |
| Remuneration, social security and pensions | 62 | -€410 | €56,197 | +€56,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,494 | €143,009 | -€21,485 | -13.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €91,042 | +€91,042 | |
| Other operating charges | 640/8 | €15,318 | €8,013 | -€7,305 | -47.7% |
| Gross operating margin | 9900 | €387,176 | €430,641 | +€43,465 | +11.2% |
| Operating profit (loss) | 9901 | €207,773 | €132,379 | -€75,394 | -36.3% |
| Financial income | 75/76B | €175,003 | €323,122 | +€148,119 | +84.6% |
| Recurring financial income | 75 | €175,003 | €323,122 | +€148,119 | +84.6% |
| Financial charges | 65/66B | €27,595 | €39,272 | +€11,677 | +42.3% |
| Recurring financial charges | 65 | €27,595 | €39,272 | +€11,677 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €355,181 | €416,229 | +€61,048 | +17.2% |
| Income taxes | 67/77 | €62,720 | €56,107 | -€6,613 | -10.5% |
| Profit (loss) for the period | 9904 | €292,461 | €360,122 | +€67,661 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €292,461 | €360,122 | +€67,661 | +23.1% |
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 20 October 2026 via checked.be.