ALDAKSAN: 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.
ALDAKSAN
Largest movements
- Cash -€68,755
down €68,755 (-65.3%), from €105,238 to €36,484
mainly Net result for the year (-€47,244) and Trade debts (-€28,672)
- Receivables after one year -€31,342
down €31,342 (-100%), from €31,342 to €0
- Tangible fixed assets -€14,283
down €14,283 (-7.6%), from €188,709 to €174,426
of which Furniture and vehicles: -€10,162
- Receivables within one year +€10,117
up €10,117 (+6.3%), from €161,875 to €171,992
of which Trade receivables: +€9,235
- Reserves -€47,244
down €47,244 (-18.0%), from €263,151 to €215,907
- Trade debts -€28,672
down €28,672 (-63.4%), from €45,251 to €16,580
- Debts after one year -€23,812
down €23,812 (-21.9%), from €108,809 to €84,997
- Gross operating margin -€445,413
down €445,413, from €429,402 to -€16,011
- Write-downs -€399,750
down €399,750 (-99.9%), from €400,000 to €250
- Other operating charges +€9,306
up €9,306 (+316%), from €2,942 to €12,247
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 | €491,962 | €387,881 | -€104,081 | -21.2% |
| Fixed assets | 21/28 | €189,030 | €174,747 | -€14,283 | -7.6% |
| Tangible fixed assets | 22/27 | €188,709 | €174,426 | -€14,283 | -7.6% |
| Land and buildings | 22 | €158,562 | €154,441 | -€4,121 | -2.6% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €30,146 | €19,984 | -€10,162 | -33.7% |
| Financial fixed assets | 28 | €322 | €322 | = | 0.0% |
| Current assets | 29/58 | €302,932 | €213,134 | -€89,798 | -29.6% |
| Amounts receivable after more than one year | 29 | €31,342 | €0 | -€31,342 | -100% |
| Other amounts receivable | 291 | €31,342 | €0 | -€31,342 | -100% |
| Stocks and contracts in progress | 3 | €2,435 | €2,630 | +€195 | +8.0% |
| Stocks | 30/36 | €2,435 | €2,630 | +€195 | +8.0% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €161,875 | €171,992 | +€10,117 | +6.3% |
| Trade receivables | 40 | €159,047 | €168,283 | +€9,235 | +5.8% |
| Other amounts receivable | 41 | €2,827 | €3,709 | +€882 | +31.2% |
| Cash at bank and in hand | 54/58 | €105,238 | €36,484 | -€68,755 | -65.3% |
| Deferred charges and accrued income | 490/1 | €2,041 | €2,029 | -€13 | -0.6% |
| Total equity and liabilities | 10/49 | €491,962 | €387,881 | -€104,081 | -21.2% |
| Equity | 10/15 | €293,151 | €245,907 | -€47,244 | -16.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €263,151 | €215,907 | -€47,244 | -18.0% |
| Distributable reserves | 133 | €263,151 | €215,907 | -€47,244 | -18.0% |
| Amounts payable | 17/49 | €198,812 | €141,975 | -€56,837 | -28.6% |
| Amounts payable after more than one year | 17 | €108,809 | €84,997 | -€23,812 | -21.9% |
| Financial debts | 170/4 | €108,809 | €84,997 | -€23,812 | -21.9% |
| Amounts payable within one year | 42/48 | €89,758 | €56,977 | -€32,781 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €23,184 | €23,812 | +€628 | +2.7% |
| Trade debts | 44 | €45,251 | €16,580 | -€28,672 | -63.4% |
| Suppliers | 440/4 | €45,251 | €16,580 | -€28,672 | -63.4% |
| Advances received on contracts in progress | 46 | €4,470 | €0 | -€4,470 | -100% |
| Taxes, remuneration and social security | 45 | €16,853 | €12,072 | -€4,781 | -28.4% |
| Taxes | 450/3 | €16,853 | €12,072 | -€4,781 | -28.4% |
| Other amounts payable | 47/48 | €0 | €4,514 | +€4,514 | |
| Accrued charges and deferred income | 492/3 | €244 | €0 | -€244 | -100% |
| Non-recurring operating income | 76A | €60,000 | €7,864 | -€52,136 | -86.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,369 | €14,283 | -€86 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €400,000 | €250 | -€399,750 | -99.9% |
| Other operating charges | 640/8 | €2,942 | €12,247 | +€9,306 | +316% |
| Gross operating margin | 9900 | €429,402 | -€16,011 | -€445,413 | |
| Operating profit (loss) | 9901 | €12,092 | -€42,791 | -€54,883 | |
| Financial income | 75/76B | €2,009 | €0 | -€2,008 | -100.0% |
| Recurring financial income | 75 | €2,009 | €0 | -€2,008 | -100.0% |
| Financial charges | 65/66B | €4,255 | €3,809 | -€446 | -10.5% |
| Recurring financial charges | 65 | €4,255 | €3,809 | -€446 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €9,845 | -€46,600 | -€56,445 | |
| Income taxes | 67/77 | €2,885 | €644 | -€2,241 | -77.7% |
| Profit (loss) for the period | 9904 | €6,960 | -€47,244 | -€54,204 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,960 | -€47,244 | -€54,204 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.