ALDEA CONSTRUCT: 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.
What changed
ALDEA CONSTRUCT
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€316,336
2024 · €77,046-€393,382
Equity
€1.2m
2024 · €1.5m-€316,336
Cash
€205,107
2024 · €438,964-€233,857
Balance sheet total
€6.3m
2024 · €7.4m-€1.1m
Largest movements
Assets
- Financial fixed assets -€519,651
down €519,651 (-99.7%), from €521,281 to €1,630
of which Affiliated companies: -€519,651
- Cash -€233,857
down €233,857 (-53.3%), from €438,964 to €205,107
mainly Accrued charges and deferred income (-€670,352) and Debts after one year (-€344,037)
- Receivables within one year -€155,477
down €155,477 (-57.6%), from €270,146 to €114,669
of which Trade receivables: -€121,585
- Stocks and contracts -€109,821
down €109,821 (-1.8%), from €6.1m to €6.0m
Equity and liabilities
- Accrued charges and deferred income -€670,352
down €670,352 (-98.8%), from €678,235 to €7,883
- Debts after one year -€344,037
down €344,037 (-7.5%), from €4.6m to €4.2m
- Profit (loss) carried forward -€316,336
down €316,336 (-9.0%), from -€3.5m to -€3.8m
- Trade debts +€269,736
up €269,736 (+108%), from €249,423 to €519,159
Income statement
- Other operating income -€522,606
down €522,606 (-98.7%), from €529,402 to €6,796
- Turnover -€135,869
down €135,869 (-28.2%), from €482,491 to €346,622
- Goods and materials +€107,884
up €107,884 (+222%), from €48,639 to €156,523
- Write-downs -€91,023
down €91,023 (-61.3%), from €148,523 to €57,500
- Financial income -€40,141
down €40,141 (-22.4%), from €179,168 to €139,027
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.
Result 2024
€77,046
Turnover
-€135,869
Other operating income
-€522,606
Goods and materials
-€107,884
Services and other goods
-€39,472
Staff costs
+€24,705
Depreciation
+€1,349
Write-downs
+€91,023
Other operating charges
+€4,423
Other operating items
+€326,683
Financial income
-€40,141
Financial charges
+€4,380
Taxes
+€28
Result 2025
-€316,336
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€418,252
Investment
+€519,651
Financing
-€335,256
Cash 2024
€438,964
From operations (derived)
-€418,252
Net result for the year
-€316,336
Depreciation
+€957
Stocks and contracts
+€109,821
Receivables within one year
+€155,477
Deferred charges and accrued income
+€32,445
Trade debts
+€269,736
Accrued charges and deferred income
-€670,352
Investment (derived)
+€519,651
Investment in fixed assets (net)
+€519,651
Financing
-€335,256
Debts after one year
-€344,037
Current portion of long-term debt
+€8,781
Cash 2025
€205,107
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,357,129 | €6,304,921 | -€1.1m | -14.3% |
| Fixed assets | 21/28 | €522,867 | €2,259 | -€520,608 | -99.6% |
| Intangible fixed assets | 21 | €81 | €0 | -€81 | -100% |
| Tangible fixed assets | 22/27 | €1,505 | €629 | -€876 | -58.2% |
| Furniture and vehicles | 24 | €1,505 | €629 | -€876 | -58.2% |
| Financial fixed assets | 28 | €521,281 | €1,630 | -€519,651 | -99.7% |
| Affiliated companies | 280/1 | €519,651 | €0 | -€519,651 | -100% |
| Amounts receivable | 281 | €519,651 | €0 | -€519,651 | -100% |
| Other financial fixed assets | 284/8 | €1,630 | €1,630 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,630 | €1,630 | = | 0.0% |
| Current assets | 29/58 | €6,834,262 | €6,302,662 | -€531,600 | -7.8% |
| Stocks and contracts in progress | 3 | €6,076,832 | €5,967,011 | -€109,821 | -1.8% |
| Stocks | 30/36 | €6,076,832 | €5,967,011 | -€109,821 | -1.8% |
| Property held for sale | 35 | €6,076,832 | €5,967,011 | -€109,821 | -1.8% |
| Amounts receivable within one year | 40/41 | €270,146 | €114,669 | -€155,477 | -57.6% |
| Trade receivables | 40 | €234,586 | €113,000 | -€121,585 | -51.8% |
| Other amounts receivable | 41 | €35,561 | €1,669 | -€33,892 | -95.3% |
| Cash at bank and in hand | 54/58 | €438,964 | €205,107 | -€233,857 | -53.3% |
| Deferred charges and accrued income | 490/1 | €48,320 | €15,875 | -€32,445 | -67.1% |
| Total equity and liabilities | 10/49 | €7,357,129 | €6,304,921 | -€1.1m | -14.3% |
| Equity | 10/15 | €1,500,055 | €1,183,719 | -€316,336 | -21.1% |
| Contributions | 10/11 | €5,000,000 | €5,000,000 | = | 0.0% |
| Capital | 10 | €5,000,000 | €5,000,000 | = | 0.0% |
| Issued capital | 100 | €5,000,000 | €5,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,499,945 | -€3,816,281 | -€316,336 | -9.0% |
| Amounts payable | 17/49 | €5,857,074 | €5,121,202 | -€735,872 | -12.6% |
| Amounts payable after more than one year | 17 | €4,590,267 | €4,246,231 | -€344,037 | -7.5% |
| Financial debts | 170/4 | €4,590,267 | €4,246,231 | -€344,037 | -7.5% |
| Credit institutions | 173 | €4,590,267 | €4,242,458 | -€347,810 | -7.6% |
| Other loans | 174 | - | €3,773 | +€3,773 | |
| Amounts payable within one year | 42/48 | €588,572 | €867,088 | +€278,516 | +47.3% |
| Current portion of amounts payable after more than one year | 42 | €339,029 | €347,810 | +€8,781 | +2.6% |
| Trade debts | 44 | €249,423 | €519,159 | +€269,736 | +108% |
| Suppliers | 440/4 | €249,423 | €519,159 | +€269,736 | +108% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €120 | €120 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €678,235 | €7,883 | -€670,352 | -98.8% |
| Operating income | 70/76A | €632,889 | €301,097 | -€331,792 | -52.4% |
| Turnover | 70 | €482,491 | €346,622 | -€135,869 | -28.2% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€379,004 | -€52,321 | +€326,683 | +86.2% |
| Other operating income | 74 | €529,402 | €6,796 | -€522,606 | -98.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €600,591 | €626,447 | +€25,856 | +4.3% |
| Goods for resale, raw materials and consumables | 60 | €48,639 | €156,523 | +€107,884 | +222% |
| Purchases | 600/8 | €48,639 | €156,523 | +€107,884 | +222% |
| Services and other goods | 61 | €364,083 | €403,555 | +€39,472 | +10.8% |
| Remuneration, social security and pensions | 62 | €24,705 | €0 | -€24,705 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €957 | -€1,349 | -58.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €148,523 | €57,500 | -€91,023 | -61.3% |
| Other operating charges | 640/8 | €12,335 | €7,912 | -€4,423 | -35.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €32,299 | -€325,349 | -€357,648 | |
| Financial income | 75/76B | €179,168 | €139,027 | -€40,141 | -22.4% |
| Recurring financial income | 75 | €179,168 | €139,027 | -€40,141 | -22.4% |
| Income from financial fixed assets | 750 | - | €15,875 | +€15,875 | |
| Income from current assets | 751 | €45,918 | €0 | -€45,918 | -100% |
| Other financial income | 752/9 | €133,250 | €123,153 | -€10,098 | -7.6% |
| Financial charges | 65/66B | €134,393 | €130,013 | -€4,380 | -3.3% |
| Recurring financial charges | 65 | €134,393 | €130,013 | -€4,380 | -3.3% |
| Debt charges | 650 | €132,294 | €128,443 | -€3,851 | -2.9% |
| Other financial charges | 652/9 | €2,099 | €1,571 | -€529 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €77,074 | -€316,336 | -€393,410 | |
| Income taxes | 67/77 | €28 | €0 | -€28 | -100% |
| Taxes | 670/3 | €28 | €0 | -€28 | -100% |
| Profit (loss) for the period | 9904 | €77,046 | -€316,336 | -€393,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €77,046 | -€316,336 | -€393,382 |
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 26 October 2026 via checked.be.