ALDA: 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.
ALDA
Largest movements
- Stocks and contracts -€78,554
no longer reported in 2025 (was €78,554)
- Receivables within one year -€63,503
down €63,503 (-97.4%), from €65,214 to €1,711
of which Trade receivables: -€63,510
- Cash +€56,395
up €56,395 (+36.8%), from €153,244 to €209,639
mainly Stocks and contracts (+€78,554) and Receivables within one year (+€63,503)
- Deferred charges and accrued income +€3,148
up €3,148 (+1804.9%), from €174 to €3,322
- Trade debts -€59,854
down €59,854 (-99.0%), from €60,449 to €595
- Other debts -€32,004
down €32,004 (-18.2%), from €175,942 to €143,938
- Tax, wage and social debts +€5,744
up €5,744 (+206.9%), from €2,776 to €8,520
of which Taxes: +€5,744
- Other operating charges -€3,488
down €3,488 (-49.2%), from €7,093 to €3,605
- Staff costs +€3,293
new in 2025: €3,293
- Gross operating margin -€2,390
down €2,390 (-18.0%), from €13,255 to €10,864
- Depreciation +€1,508
new in 2025: €1,508
- Taxes -€1,000
no longer reported in 2025 (was €1,000)
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 | €302,009 | €217,905 | -€84,104 | -27.8% |
| Fixed assets | 21/28 | €4,822 | €3,232 | -€1,590 | -33.0% |
| Tangible fixed assets | 22/27 | €4,822 | €3,232 | -€1,590 | -33.0% |
| Leasing and similar rights | 25 | €83 | - | -€83 | |
| Other tangible fixed assets | 26 | €4,740 | €3,232 | -€1,508 | -31.8% |
| Current assets | 29/58 | €297,186 | €214,673 | -€82,514 | -27.8% |
| Stocks and contracts in progress | 3 | €78,554 | - | -€78,554 | |
| Stocks | 30/36 | €78,554 | - | -€78,554 | |
| Amounts receivable within one year | 40/41 | €65,214 | €1,711 | -€63,503 | -97.4% |
| Trade receivables | 40 | €63,510 | - | -€63,510 | |
| Other amounts receivable | 41 | €1,704 | €1,711 | +€7 | +0.4% |
| Cash at bank and in hand | 54/58 | €153,244 | €209,639 | +€56,395 | +36.8% |
| Deferred charges and accrued income | 490/1 | €174 | €3,322 | +€3,148 | +1804.9% |
| Total equity and liabilities | 10/49 | €302,009 | €217,905 | -€84,104 | -27.8% |
| Equity | 10/15 | €62,721 | €64,851 | +€2,131 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,269 | €44,399 | +€2,131 | +5.0% |
| Amounts payable | 17/49 | €239,288 | €153,053 | -€86,235 | -36.0% |
| Amounts payable within one year | 42/48 | €239,168 | €153,053 | -€86,114 | -36.0% |
| Trade debts | 44 | €60,449 | €595 | -€59,854 | -99.0% |
| Suppliers | 440/4 | €60,449 | €595 | -€59,854 | -99.0% |
| Taxes, remuneration and social security | 45 | €2,776 | €8,520 | +€5,744 | +206.9% |
| Taxes | 450/3 | - | €5,744 | +€5,744 | |
| Remuneration and social security | 454/9 | €2,776 | €2,776 | = | 0.0% |
| Other amounts payable | 47/48 | €175,942 | €143,938 | -€32,004 | -18.2% |
| Accrued charges and deferred income | 492/3 | €121 | - | -€121 | |
| Remuneration, social security and pensions | 62 | - | €3,293 | +€3,293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,508 | +€1,508 | |
| Other operating charges | 640/8 | €7,093 | €3,605 | -€3,488 | -49.2% |
| Gross operating margin | 9900 | €13,255 | €10,864 | -€2,390 | -18.0% |
| Operating profit (loss) | 9901 | €6,161 | €2,459 | -€3,703 | -60.1% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €387 | €344 | -€43 | -11.2% |
| Recurring financial charges | 65 | €387 | €344 | -€43 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €5,774 | €2,131 | -€3,643 | -63.1% |
| Income taxes | 67/77 | €1,000 | - | -€1,000 | |
| Profit (loss) for the period | 9904 | €4,774 | €2,131 | -€2,643 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,774 | €2,131 | -€2,643 | -55.4% |
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 6 October 2026 via checked.be.