ALDDOW: 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.
ALDDOW
Largest movements
- Stocks and contracts -€6,205
down €6,205 (-2.4%), from €258,228 to €252,023
- Receivables within one year +€4,211
up €4,211 (+184%), from €2,293 to €6,505
of which Trade receivables: +€5,403
- Profit (loss) carried forward -€7,673
down €7,673 (-10.2%), from -€75,018 to -€82,691
- Other debts +€4,932
up €4,932 (+1.8%), from €276,512 to €281,444
- Gross operating margin -€3,795
down €3,795 (-243%), from -€1,563 to -€5,358
- Other operating charges +€2,028
new in 2025: €2,028
- Financial charges -€85
down €85 (-22.9%), from €371 to €287
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 | €262,282 | €258,753 | -€3,529 | -1.3% |
| Current assets | 29/58 | €262,282 | €258,753 | -€3,529 | -1.3% |
| Stocks and contracts in progress | 3 | €258,228 | €252,023 | -€6,205 | -2.4% |
| Stocks | 30/36 | €258,228 | €252,023 | -€6,205 | -2.4% |
| Amounts receivable within one year | 40/41 | €2,293 | €6,505 | +€4,211 | +184% |
| Trade receivables | 40 | €345 | €5,748 | +€5,403 | +1,566% |
| Other amounts receivable | 41 | €1,948 | €757 | -€1,191 | -61.1% |
| Cash at bank and in hand | 54/58 | €1,760 | €225 | -€1,535 | -87.2% |
| Total equity and liabilities | 10/49 | €262,282 | €258,753 | -€3,529 | -1.3% |
| Equity | 10/15 | -€15,018 | -€22,691 | -€7,673 | -51.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,018 | -€82,691 | -€7,673 | -10.2% |
| Amounts payable | 17/49 | €277,300 | €281,444 | +€4,144 | +1.5% |
| Amounts payable within one year | 42/48 | €277,300 | €281,444 | +€4,144 | +1.5% |
| Trade debts | 44 | €788 | €0 | -€788 | -100% |
| Suppliers | 440/4 | €788 | €0 | -€788 | -100% |
| Other amounts payable | 47/48 | €276,512 | €281,444 | +€4,932 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | - | €2,028 | +€2,028 | |
| Gross operating margin | 9900 | -€1,563 | -€5,358 | -€3,795 | -243% |
| Operating profit (loss) | 9901 | -€1,563 | -€7,386 | -€5,823 | -373% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €371 | €287 | -€85 | -22.9% |
| Recurring financial charges | 65 | €371 | €287 | -€85 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,935 | -€7,673 | -€5,738 | -297% |
| Profit (loss) for the period | 9904 | -€1,935 | -€7,673 | -€5,738 | -297% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,935 | -€7,673 | -€5,738 | -297% |
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 1 November 2026 via checked.be.