ALDE RETAIL 2: 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 2
Largest movements
- Stocks and contracts -€121,786
down €121,786 (-43.6%), from €279,163 to €157,377
- Cash -€116,318
down €116,318 (-83.2%), from €139,810 to €23,492
mainly Net result for the year (-€193,379) and Other debts (-€36,081)
- Tangible fixed assets -€55,341
down €55,341 (-23.1%), from €239,139 to €183,799
of which Other tangible fixed assets: -€47,057
- Receivables within one year +€33,193
up €33,193 (+48.4%), from €68,527 to €101,720
of which Other amounts receivable: +€30,896
- Profit (loss) carried forward -€193,379
down €193,379, from €187,428 to -€5,951
- Other debts -€36,081
down €36,081 (-53.2%), from €67,761 to €31,680
- Debts after one year -€33,280
down €33,280 (-28.4%), from €117,064 to €83,784
- Trade debts +€7,688
up €7,688 (+3.1%), from €250,729 to €258,417
- Gross operating margin -€202,743
down €202,743 (-59.8%), from €339,095 to €136,352
- Staff costs +€37,426
up €37,426 (+17.4%), from €214,752 to €252,178
- Financial charges +€15,214
up €15,214 (+429.5%), from €3,543 to €18,757
- Taxes -€14,626
no longer reported in 2025 (was €14,626)
- Other operating charges -€11,400
down €11,400 (-91.4%), from €12,478 to €1,078
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 | €734,865 | €476,068 | -€258,797 | -35.2% |
| Fixed assets | 21/28 | €239,499 | €184,159 | -€55,341 | -23.1% |
| Tangible fixed assets | 22/27 | €239,139 | €183,799 | -€55,341 | -23.1% |
| Plant, machinery and equipment | 23 | €37,100 | €29,203 | -€7,897 | -21.3% |
| Furniture and vehicles | 24 | €4,873 | €4,487 | -€386 | -7.9% |
| Other tangible fixed assets | 26 | €197,167 | €150,110 | -€47,057 | -23.9% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €495,366 | €291,910 | -€203,456 | -41.1% |
| Stocks and contracts in progress | 3 | €279,163 | €157,377 | -€121,786 | -43.6% |
| Stocks | 30/36 | €279,163 | €157,377 | -€121,786 | -43.6% |
| Amounts receivable within one year | 40/41 | €68,527 | €101,720 | +€33,193 | +48.4% |
| Trade receivables | 40 | €24,869 | €27,165 | +€2,296 | +9.2% |
| Other amounts receivable | 41 | €43,659 | €74,555 | +€30,896 | +70.8% |
| Cash at bank and in hand | 54/58 | €139,810 | €23,492 | -€116,318 | -83.2% |
| Deferred charges and accrued income | 490/1 | €7,865 | €9,321 | +€1,456 | +18.5% |
| Total equity and liabilities | 10/49 | €734,865 | €476,068 | -€258,797 | -35.2% |
| Equity | 10/15 | €209,874 | €16,495 | -€193,379 | -92.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €12,445 | €12,445 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,445 | €12,445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,445 | €12,445 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,428 | -€5,951 | -€193,379 | |
| Amounts payable | 17/49 | €524,991 | €459,574 | -€65,418 | -12.5% |
| Amounts payable after more than one year | 17 | €117,064 | €83,784 | -€33,280 | -28.4% |
| Financial debts | 170/4 | €117,064 | €83,784 | -€33,280 | -28.4% |
| Amounts payable within one year | 42/48 | €404,951 | €372,813 | -€32,137 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €32,495 | €33,280 | +€785 | +2.4% |
| Trade debts | 44 | €250,729 | €258,417 | +€7,688 | +3.1% |
| Suppliers | 440/4 | €250,729 | €258,417 | +€7,688 | +3.1% |
| Taxes, remuneration and social security | 45 | €53,966 | €49,437 | -€4,529 | -8.4% |
| Taxes | 450/3 | €15,332 | - | -€15,332 | |
| Remuneration and social security | 454/9 | €38,634 | €49,437 | +€10,803 | +28.0% |
| Other amounts payable | 47/48 | €67,761 | €31,680 | -€36,081 | -53.2% |
| Accrued charges and deferred income | 492/3 | €2,976 | €2,976 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €214,752 | €252,178 | +€37,426 | +17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,693 | €57,740 | +€2,047 | +3.7% |
| Other operating charges | 640/8 | €12,478 | €1,078 | -€11,400 | -91.4% |
| Gross operating margin | 9900 | €339,095 | €136,352 | -€202,743 | -59.8% |
| Operating profit (loss) | 9901 | €56,171 | -€174,645 | -€230,817 | |
| Financial income | 75/76B | €300 | €23 | -€278 | -92.4% |
| Recurring financial income | 75 | €300 | €23 | -€278 | -92.4% |
| Financial charges | 65/66B | €3,543 | €18,757 | +€15,214 | +429.5% |
| Recurring financial charges | 65 | €3,543 | €18,757 | +€15,214 | +429.5% |
| Profit (loss) for the period before taxes | 9903 | €52,929 | -€193,379 | -€246,308 | |
| Income taxes | 67/77 | €14,626 | - | -€14,626 | |
| Profit (loss) for the period | 9904 | €38,303 | -€193,379 | -€231,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,303 | -€193,379 | -€231,682 |
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 12 October 2026 via checked.be.