ALAUDA: 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.
ALAUDA
Largest movements
- Stocks and contracts +€1.6m
up €1.6m (+622.1%), from €264,868 to €1.9m
- Receivables within one year -€49,580
down €49,580 (-99.2%), from €50,000 to €420
of which Trade receivables: -€50,000
- Debts after one year +€1.4m
up €1.4m (+602.4%), from €237,207 to €1.7m
of which Financial debts: +€1.4m
- Trade debts +€189,925
up €189,925 (+4529.9%), from €4,193 to €194,118
- Profit (loss) carried forward -€20,792
down €20,792 (-25.0%), from -€83,212 to -€104,004
- Gross operating margin +€43,388
up €43,388 (+68.2%), from -€63,583 to -€20,194
- Other operating charges -€5,467
down €5,467 (-92.4%), from €5,917 to €450
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 | €315,966 | €1,914,125 | +€1.6m | +505.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €315,966 | €1,914,125 | +€1.6m | +505.8% |
| Stocks and contracts in progress | 3 | €264,868 | €1,912,708 | +€1.6m | +622.1% |
| Stocks | 30/36 | €264,868 | €1,912,708 | +€1.6m | +622.1% |
| Amounts receivable within one year | 40/41 | €50,000 | €420 | -€49,580 | -99.2% |
| Trade receivables | 40 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 41 | - | €420 | +€420 | |
| Cash at bank and in hand | 54/58 | €1,097 | €92 | -€1,005 | -91.6% |
| Deferred charges and accrued income | 490/1 | - | €904 | +€904 | |
| Total equity and liabilities | 10/49 | €315,966 | €1,914,125 | +€1.6m | +505.8% |
| Equity | 10/15 | €74,566 | €53,773 | -€20,792 | -27.9% |
| Contributions | 10/11 | €141,000 | €141,000 | = | 0.0% |
| Reserves | 13 | €16,777 | €16,777 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,100 | €14,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,100 | €14,100 | = | 0.0% |
| Distributable reserves | 133 | €2,677 | €2,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,212 | -€104,004 | -€20,792 | -25.0% |
| Amounts payable | 17/49 | €241,400 | €1,860,352 | +€1.6m | +670.7% |
| Amounts payable after more than one year | 17 | €237,207 | €1,666,234 | +€1.4m | +602.4% |
| Financial debts | 170/4 | €237,207 | €1,650,954 | +€1.4m | +596.0% |
| Other amounts payable | 178/9 | - | €15,280 | +€15,280 | |
| Amounts payable within one year | 42/48 | €4,193 | €194,118 | +€189,925 | +4529.9% |
| Trade debts | 44 | €4,193 | €194,118 | +€189,925 | +4529.9% |
| Suppliers | 440/4 | €4,193 | €194,118 | +€189,925 | +4529.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €5,917 | €450 | -€5,467 | -92.4% |
| Gross operating margin | 9900 | -€63,583 | -€20,194 | +€43,388 | +68.2% |
| Operating profit (loss) | 9901 | -€69,499 | -€20,644 | +€48,855 | +70.3% |
| Financial income | 75/76B | €0 | €217 | +€217 | |
| Recurring financial income | 75 | €0 | €217 | +€217 | |
| Financial charges | 65/66B | €263 | €365 | +€102 | +38.8% |
| Recurring financial charges | 65 | €263 | €365 | +€102 | +38.8% |
| Profit (loss) for the period before taxes | 9903 | -€69,762 | -€20,792 | +€48,970 | +70.2% |
| Profit (loss) for the period | 9904 | -€69,762 | -€20,792 | +€48,970 | +70.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,762 | -€20,792 | +€48,970 | +70.2% |
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 4 October 2026 via checked.be.