Alando Global: what changed
Two fiscal 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.
Alando Global
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+164.7%), from €724,492 to €1.9m
of which Trade receivables: +€1.2m
- Tangible fixed assets -€886,171
down €886,171 (-83.2%), from €1.1m to €179,195
of which Land and buildings: -€851,777
- Financial fixed assets +€171,540
up €171,540 (+502.3%), from €34,152 to €205,692
- Formation expenses -€67,921
down €67,921 (-54.5%), from €124,551 to €56,630
- Intangible fixed assets -€54,624
down €54,624 (-55.2%), from €98,940 to €44,316
- Profit (loss) carried forward +€1.5m
up €1.5m, from -€467,257 to €1.0m
- Trade debts -€565,892
down €565,892 (-51.9%), from €1.1m to €523,419
- Debts after one year -€502,742
down €502,742 (-85.6%), from €587,339 to €84,597
- Other debts +€231,793
up €231,793 (+490.6%), from €47,244 to €279,037
- Reserves -€210,526
down €210,526 (-39.2%), from €537,301 to €326,775
- Gross operating margin +€2.0m
up €2.0m (+170.1%), from €1.2m to €3.1m
- Taxes +€539,749
up €539,749 (+1245.0%), from €43,352 to €583,101
- Staff costs -€262,823
down €262,823 (-28.3%), from €930,273 to €667,450
- Other operating charges +€145,503
up €145,503 (+820.6%), from €17,731 to €163,234
- Depreciation +€85,113
up €85,113 (+60.9%), from €139,858 to €224,971
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 | €2,132,693 | €2,501,770 | +€369,077 | +17.3% |
| Formation expenses | 20 | €124,551 | €56,630 | -€67,921 | -54.5% |
| Fixed assets | 21/28 | €1,198,458 | €429,203 | -€769,255 | -64.2% |
| Intangible fixed assets | 21 | €98,940 | €44,316 | -€54,624 | -55.2% |
| Tangible fixed assets | 22/27 | €1,065,366 | €179,195 | -€886,171 | -83.2% |
| Land and buildings | 22 | €851,777 | - | -€851,777 | |
| Plant, machinery and equipment | 23 | €10,525 | €6,156 | -€4,368 | -41.5% |
| Furniture and vehicles | 24 | €81,078 | €99,006 | +€17,928 | +22.1% |
| Leasing and similar rights | 25 | €121,985 | €74,032 | -€47,953 | -39.3% |
| Financial fixed assets | 28 | €34,152 | €205,692 | +€171,540 | +502.3% |
| Current assets | 29/58 | €809,684 | €2,015,937 | +€1.2m | +149.0% |
| Stocks and contracts in progress | 3 | €59,979 | €59,979 | = | 0.0% |
| Stocks | 30/36 | €59,979 | €59,979 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €724,492 | €1,917,580 | +€1.2m | +164.7% |
| Trade receivables | 40 | €332,677 | €1,532,788 | +€1.2m | +360.7% |
| Other amounts receivable | 41 | €391,815 | €384,793 | -€7,022 | -1.8% |
| Cash at bank and in hand | 54/58 | €11,979 | €38,379 | +€26,400 | +220.4% |
| Deferred charges and accrued income | 490/1 | €13,235 | - | -€13,235 | |
| Total equity and liabilities | 10/49 | €2,132,693 | €2,501,770 | +€369,077 | +17.3% |
| Equity | 10/15 | €88,644 | €1,354,375 | +€1.3m | +1427.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €537,301 | €326,775 | -€210,526 | -39.2% |
| Distributable reserves | 133 | €537,301 | €326,775 | -€210,526 | -39.2% |
| Profit (loss) carried forward | 14 | -€467,257 | €1,009,000 | +€1.5m | |
| Amounts payable | 17/49 | €2,044,049 | €1,147,395 | -€896,654 | -43.9% |
| Amounts payable after more than one year | 17 | €587,339 | €84,597 | -€502,742 | -85.6% |
| Financial debts | 170/4 | €587,339 | €84,597 | -€502,742 | -85.6% |
| Amounts payable within one year | 42/48 | €1,456,710 | €1,062,799 | -€393,912 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | €58,110 | €5,812 | -€52,299 | -90.0% |
| Financial debts | 43 | €136,399 | - | -€136,399 | |
| Credit institutions | 430/8 | €136,399 | - | -€136,399 | |
| Trade debts | 44 | €1,089,311 | €523,419 | -€565,892 | -51.9% |
| Suppliers | 440/4 | €1,089,311 | €523,419 | -€565,892 | -51.9% |
| Taxes, remuneration and social security | 45 | €125,646 | €254,531 | +€128,885 | +102.6% |
| Taxes | 450/3 | €30,358 | €199,552 | +€169,194 | +557.3% |
| Remuneration and social security | 454/9 | €95,288 | €54,979 | -€40,309 | -42.3% |
| Other amounts payable | 47/48 | €47,244 | €279,037 | +€231,793 | +490.6% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €930,273 | €667,450 | -€262,823 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139,858 | €224,971 | +€85,113 | +60.9% |
| Other operating charges | 640/8 | €17,731 | €163,234 | +€145,503 | +820.6% |
| Gross operating margin | 9900 | €1,161,711 | €3,138,062 | +€2.0m | +170.1% |
| Operating profit (loss) | 9901 | €73,849 | €2,082,407 | +€2.0m | +2719.8% |
| Financial income | 75/76B | €56,701 | €1,800 | -€54,900 | -96.8% |
| Recurring financial income | 75 | €2,748 | €1,800 | -€948 | -34.5% |
| Non-recurring financial income | 76B | €53,953 | - | -€53,953 | |
| Financial charges | 65/66B | €35,561 | €24,849 | -€10,712 | -30.1% |
| Recurring financial charges | 65 | €35,561 | €24,849 | -€10,712 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €94,989 | €2,059,358 | +€2.0m | +2068.0% |
| Income taxes | 67/77 | €43,352 | €583,101 | +€539,749 | +1245.0% |
| Profit (loss) for the period | 9904 | €51,637 | €1,476,257 | +€1.4m | +2758.9% |
| Profit (loss) for the period to be appropriated | 9905 | €51,637 | €1,476,257 | +€1.4m | +2758.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.