ALDE RETAIL: 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.
ALDE RETAIL
Largest movements
- Stocks and contracts -€46,082
down €46,082 (-26.1%), from €176,867 to €130,785
- Tangible fixed assets -€28,973
down €28,973 (-24.6%), from €117,947 to €88,975
of which Other tangible fixed assets: -€23,606
- Receivables within one year +€19,761
up €19,761 (+23.9%), from €82,701 to €102,461
of which Trade receivables: +€50,235
- Other debts +€50,000
up €50,000, from €0 to €50,000
- Current portion of long-term debt -€42,836
down €42,836 (-94.0%), from €45,551 to €2,715
- Trade debts -€34,142
down €34,142 (-16.3%), from €209,472 to €175,330
- Debts after one year -€22,685
down €22,685 (-73.8%), from €30,732 to €8,047
- Gross operating margin +€77,028
up €77,028 (+40.4%), from €190,898 to €267,926
- Staff costs +€41,254
up €41,254 (+30.2%), from €136,667 to €177,921
- Depreciation +€5,749
up €5,749 (+12.7%), from €45,245 to €50,994
- Financial charges +€3,046
up €3,046 (+58.2%), from €5,232 to €8,278
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 | €454,408 | €401,747 | -€52,661 | -11.6% |
| Fixed assets | 21/28 | €123,979 | €93,370 | -€30,609 | -24.7% |
| Intangible fixed assets | 21 | €3,032 | €1,395 | -€1,637 | -54.0% |
| Tangible fixed assets | 22/27 | €117,947 | €88,975 | -€28,973 | -24.6% |
| Plant, machinery and equipment | 23 | €14,539 | €9,601 | -€4,938 | -34.0% |
| Furniture and vehicles | 24 | €1,197 | €769 | -€429 | -35.8% |
| Other tangible fixed assets | 26 | €102,211 | €78,605 | -€23,606 | -23.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €330,428 | €308,377 | -€22,052 | -6.7% |
| Stocks and contracts in progress | 3 | €176,867 | €130,785 | -€46,082 | -26.1% |
| Stocks | 30/36 | €176,867 | €130,785 | -€46,082 | -26.1% |
| Amounts receivable within one year | 40/41 | €82,701 | €102,461 | +€19,761 | +23.9% |
| Trade receivables | 40 | €5,780 | €56,015 | +€50,235 | +869% |
| Other amounts receivable | 41 | €76,921 | €46,446 | -€30,475 | -39.6% |
| Cash at bank and in hand | 54/58 | €64,891 | €68,853 | +€3,962 | +6.1% |
| Deferred charges and accrued income | 490/1 | €5,970 | €6,278 | +€308 | +5.2% |
| Total equity and liabilities | 10/49 | €454,408 | €401,747 | -€52,661 | -11.6% |
| Equity | 10/15 | €141,030 | €140,708 | -€321 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,920 | €12,920 | = | 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% |
| Distributable reserves | 133 | €11,060 | €11,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,509 | €109,188 | -€321 | -0.3% |
| Amounts payable | 17/49 | €313,378 | €261,038 | -€52,340 | -16.7% |
| Amounts payable after more than one year | 17 | €30,732 | €8,047 | -€22,685 | -73.8% |
| Financial debts | 170/4 | €30,732 | €8,047 | -€22,685 | -73.8% |
| Amounts payable within one year | 42/48 | €279,136 | €252,780 | -€26,356 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €45,551 | €2,715 | -€42,836 | -94.0% |
| Financial debts | 43 | - | €19 | +€19 | |
| Credit institutions | 430/8 | - | €19 | +€19 | |
| Trade debts | 44 | €209,472 | €175,330 | -€34,142 | -16.3% |
| Suppliers | 440/4 | €209,472 | €175,330 | -€34,142 | -16.3% |
| Taxes, remuneration and social security | 45 | €24,113 | €24,716 | +€602 | +2.5% |
| Taxes | 450/3 | €7,513 | €1,783 | -€5,731 | -76.3% |
| Remuneration and social security | 454/9 | €16,600 | €22,933 | +€6,333 | +38.2% |
| Other amounts payable | 47/48 | €0 | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €3,510 | €212 | -€3,298 | -94.0% |
| Remuneration, social security and pensions | 62 | €136,667 | €177,921 | +€41,254 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,245 | €50,994 | +€5,749 | +12.7% |
| Other operating charges | 640/8 | €1,644 | €1,946 | +€302 | +18.3% |
| Non-recurring operating charges | 66A | - | €29,395 | +€29,395 | |
| Gross operating margin | 9900 | €190,898 | €267,926 | +€77,028 | +40.4% |
| Operating profit (loss) | 9901 | €7,341 | €7,669 | +€328 | +4.5% |
| Financial income | 75/76B | €1,485 | €23 | -€1,462 | -98.4% |
| Recurring financial income | 75 | €1,485 | €23 | -€1,462 | -98.4% |
| Financial charges | 65/66B | €5,232 | €8,278 | +€3,046 | +58.2% |
| Recurring financial charges | 65 | €5,232 | €8,278 | +€3,046 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €3,594 | -€585 | -€4,179 | |
| Income taxes | 67/77 | €2,047 | -€264 | -€2,311 | |
| Profit (loss) for the period | 9904 | €1,546 | -€321 | -€1,868 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,546 | -€321 | -€1,868 |
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 18 October 2026 via checked.be.