ALDABOW: 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.
ALDABOW
Largest movements
- Tangible fixed assets -€81,286
down €81,286 (-9.0%), from €902,606 to €821,320
of which Leasing and similar rights: -€90,945
- Receivables within one year +€73,922
up €73,922 (+97.1%), from €76,106 to €150,028
- Cash +€11,299
up €11,299 (+34.6%), from €32,667 to €43,966
mainly Depreciation (+€110,532) and Other debts (+€100,911)
- Other debts +€100,911
up €100,911 (+388%), from €25,997 to €126,908
- Debts after one year -€98,914
down €98,914 (-14.2%), from €696,823 to €597,910
- Current portion of long-term debt -€73,268
down €73,268 (-38.4%), from €191,017 to €117,749
- Profit (loss) carried forward +€60,504
up €60,504 (+25.1%), from -€240,785 to -€180,282
- Trade debts +€25,144
up €25,144 (+72.7%), from €34,594 to €59,737
- Gross operating margin +€141,284
up €141,284 (+261%), from €54,186 to €195,470
- Depreciation +€16,079
up €16,079 (+17.0%), from €94,452 to €110,532
- Financial charges +€8,410
up €8,410 (+64.4%), from €13,069 to €21,479
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 | €1,053,849 | €1,054,697 | +€848 | +0.1% |
| Fixed assets | 21/28 | €902,606 | €821,320 | -€81,286 | -9.0% |
| Tangible fixed assets | 22/27 | €902,606 | €821,320 | -€81,286 | -9.0% |
| Land and buildings | 22 | €369,980 | €380,548 | +€10,568 | +2.9% |
| Plant, machinery and equipment | 23 | €8,606 | €9,178 | +€572 | +6.6% |
| Leasing and similar rights | 25 | €519,345 | €428,399 | -€90,945 | -17.5% |
| Other tangible fixed assets | 26 | €4,675 | €3,195 | -€1,480 | -31.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €151,244 | €233,377 | +€82,133 | +54.3% |
| Stocks and contracts in progress | 3 | €42,471 | €39,383 | -€3,088 | -7.3% |
| Stocks | 30/36 | €28,121 | €21,450 | -€6,671 | -23.7% |
| Contracts in progress | 37 | €14,350 | €17,933 | +€3,583 | +25.0% |
| Amounts receivable within one year | 40/41 | €76,106 | €150,028 | +€73,922 | +97.1% |
| Trade receivables | 40 | €76,106 | €150,028 | +€73,922 | +97.1% |
| Cash at bank and in hand | 54/58 | €32,667 | €43,966 | +€11,299 | +34.6% |
| Total equity and liabilities | 10/49 | €1,053,849 | €1,054,697 | +€848 | +0.1% |
| Equity | 10/15 | €81,334 | €141,838 | +€60,504 | +74.4% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €2,119 | €2,119 | = | 0.0% |
| Distributable reserves | 133 | €2,119 | €2,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,785 | -€180,282 | +€60,504 | +25.1% |
| Amounts payable | 17/49 | €972,516 | €912,860 | -€59,656 | -6.1% |
| Amounts payable after more than one year | 17 | €696,823 | €597,910 | -€98,914 | -14.2% |
| Financial debts | 170/4 | €696,823 | €597,910 | -€98,914 | -14.2% |
| Amounts payable within one year | 42/48 | €275,693 | €314,950 | +€39,258 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €191,017 | €117,749 | -€73,268 | -38.4% |
| Trade debts | 44 | €34,594 | €59,737 | +€25,144 | +72.7% |
| Suppliers | 440/4 | €34,594 | €59,737 | +€25,144 | +72.7% |
| Advances received on contracts in progress | 46 | €6,677 | €0 | -€6,677 | -100% |
| Taxes, remuneration and social security | 45 | €17,408 | €10,556 | -€6,852 | -39.4% |
| Taxes | 450/3 | €6,046 | €10,556 | +€4,510 | +74.6% |
| Remuneration and social security | 454/9 | €11,362 | €0 | -€11,362 | -100% |
| Other amounts payable | 47/48 | €25,997 | €126,908 | +€100,911 | +388% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,452 | €110,532 | +€16,079 | +17.0% |
| Other operating charges | 640/8 | €1,469 | €2,994 | +€1,525 | +104% |
| Gross operating margin | 9900 | €54,186 | €195,470 | +€141,284 | +261% |
| Operating profit (loss) | 9901 | -€41,735 | €81,945 | +€123,680 | |
| Financial income | 75/76B | €176 | €38 | -€138 | -78.5% |
| Recurring financial income | 75 | €176 | €38 | -€138 | -78.5% |
| Financial charges | 65/66B | €13,069 | €21,479 | +€8,410 | +64.4% |
| Recurring financial charges | 65 | €13,069 | €21,479 | +€8,410 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | -€54,628 | €60,504 | +€115,132 | |
| Profit (loss) for the period | 9904 | -€54,628 | €60,504 | +€115,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,628 | €60,504 | +€115,132 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.