ALDA Properties: 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 Properties
Largest movements
- Tangible fixed assets -€143,424
down €143,424 (-55.8%), from €256,969 to €113,545
- Cash +€54,432
up €54,432 (+73.7%), from €73,848 to €128,280
mainly Investment in fixed assets (net) (+€138,199) and Net result for the year (+€46,369)
- Receivables within one year +€25,033
up €25,033 (+1061.7%), from €2,358 to €27,391
of which Trade receivables: +€25,948
- Debts after one year -€101,093
down €101,093 (-83.6%), from €120,977 to €19,884
- Reserves +€46,369
up €46,369 (+48.0%), from €96,643 to €143,012
- Tax, wage and social debts +€12,002
up €12,002 (+488.7%), from €2,456 to €14,458
- Other debts -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Current portion of long-term debt -€6,766
down €6,766 (-30.4%), from €22,291 to €15,526
- Taxes +€20,012
up €20,012 (+814.9%), from €2,456 to €22,468
- Gross operating margin +€18,583
up €18,583 (+31.5%), from €58,958 to €77,541
- Depreciation -€6,776
down €6,776 (-56.5%), from €12,001 to €5,225
- Financial charges -€3,996
down €3,996 (-66.9%), from €5,975 to €1,979
- Other operating charges -€1,169
down €1,169 (-43.8%), from €2,670 to €1,501
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 | €334,394 | €269,748 | -€64,647 | -19.3% |
| Fixed assets | 21/28 | €256,969 | €113,545 | -€143,424 | -55.8% |
| Tangible fixed assets | 22/27 | €256,969 | €113,545 | -€143,424 | -55.8% |
| Land and buildings | 22 | €256,969 | €113,545 | -€143,424 | -55.8% |
| Current assets | 29/58 | €77,425 | €156,203 | +€78,778 | +101.7% |
| Amounts receivable within one year | 40/41 | €2,358 | €27,391 | +€25,033 | +1061.7% |
| Trade receivables | 40 | €1,443 | €27,391 | +€25,948 | +1797.6% |
| Other amounts receivable | 41 | €914 | €0 | -€914 | -100.0% |
| Cash at bank and in hand | 54/58 | €73,848 | €128,280 | +€54,432 | +73.7% |
| Deferred charges and accrued income | 490/1 | €1,220 | €532 | -€688 | -56.4% |
| Total equity and liabilities | 10/49 | €334,394 | €269,748 | -€64,647 | -19.3% |
| Equity | 10/15 | €171,643 | €218,012 | +€46,369 | +27.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €96,643 | €143,012 | +€46,369 | +48.0% |
| Distributable reserves | 133 | €96,643 | €143,012 | +€46,369 | +48.0% |
| Amounts payable | 17/49 | €162,751 | €51,736 | -€111,015 | -68.2% |
| Amounts payable after more than one year | 17 | €120,977 | €19,884 | -€101,093 | -83.6% |
| Financial debts | 170/4 | €120,977 | €19,884 | -€101,093 | -83.6% |
| Amounts payable within one year | 42/48 | €41,774 | €31,852 | -€9,922 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €22,291 | €15,526 | -€6,766 | -30.4% |
| Trade debts | 44 | €7,027 | €1,868 | -€5,159 | -73.4% |
| Suppliers | 440/4 | €7,027 | €1,868 | -€5,159 | -73.4% |
| Taxes, remuneration and social security | 45 | €2,456 | €14,458 | +€12,002 | +488.7% |
| Taxes | 450/3 | €2,456 | €14,458 | +€12,002 | +488.7% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100.0% |
| Non-recurring operating income | 76A | - | €61,214 | +€61,214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,001 | €5,225 | -€6,776 | -56.5% |
| Other operating charges | 640/8 | €2,670 | €1,501 | -€1,169 | -43.8% |
| Gross operating margin | 9900 | €58,958 | €77,541 | +€18,583 | +31.5% |
| Operating profit (loss) | 9901 | €44,287 | €70,815 | +€26,528 | +59.9% |
| Financial charges | 65/66B | €5,975 | €1,979 | -€3,996 | -66.9% |
| Recurring financial charges | 65 | €5,975 | €1,979 | -€3,996 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €38,312 | €68,836 | +€30,524 | +79.7% |
| Income taxes | 67/77 | €2,456 | €22,468 | +€20,012 | +814.9% |
| Profit (loss) for the period | 9904 | €35,856 | €46,369 | +€10,512 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,856 | €46,369 | +€10,512 | +29.3% |
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 7 October 2026 via checked.be.