ALDERAAN: what changed
ALDERAAN
Largest movements
- Receivables within one year +€20,450
up €20,450 (+160%), from €12,795 to €33,245
of which Trade receivables: +€20,564
- Tangible fixed assets -€1,882
down €1,882 (-69.9%), from €2,690 to €809
- Cash +€1,729
up €1,729 (+41.6%), from €4,156 to €5,885
mainly Net result for the year (+€15,426) and Tax, wage and social debts (+€7,207)
- Current investments -€1,260
down €1,260 (-14.8%), from €8,536 to €7,276
- Profit (loss) carried forward +€13,155
up €13,155, from -€13,155 to €0
- Tax, wage and social debts +€7,207
up €7,207 (+193%), from €3,740 to €10,946
- Other debts -€4,679
down €4,679 (-14.4%), from €32,572 to €27,893
- Reserves +€2,271
up €2,271 (+54.3%), from €4,184 to €6,455
- Trade debts +€1,107
up €1,107 (+143%), from €774 to €1,881
- Gross operating margin +€25,935
up €25,935, from -€38 to €25,897
- Taxes +€4,602
up €4,602 (+1,223%), from €376 to €4,978
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,674 | €48,018 | +€19,344 | +67.5% |
| Fixed assets | 21/28 | €2,890 | €1,009 | -€1,882 | -65.1% |
| Tangible fixed assets | 22/27 | €2,690 | €809 | -€1,882 | -69.9% |
| Furniture and vehicles | 24 | €2,690 | €809 | -€1,882 | -69.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €25,784 | €47,009 | +€21,225 | +82.3% |
| Amounts receivable within one year | 40/41 | €12,795 | €33,245 | +€20,450 | +160% |
| Trade receivables | 40 | €12,682 | €33,245 | +€20,564 | +162% |
| Other amounts receivable | 41 | €113 | €0 | -€113 | -100% |
| Current investments | 50/53 | €8,536 | €7,276 | -€1,260 | -14.8% |
| Cash at bank and in hand | 54/58 | €4,156 | €5,885 | +€1,729 | +41.6% |
| Deferred charges and accrued income | 490/1 | €297 | €603 | +€306 | +103% |
| Total equity and liabilities | 10/49 | €28,674 | €48,018 | +€19,344 | +67.5% |
| Equity | 10/15 | -€8,471 | €6,955 | +€15,426 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €4,184 | €6,455 | +€2,271 | +54.3% |
| Distributable reserves | 133 | €4,184 | €6,455 | +€2,271 | +54.3% |
| Profit (loss) carried forward | 14 | -€13,155 | €0 | +€13,155 | |
| Amounts payable | 17/49 | €37,145 | €41,063 | +€3,918 | +10.5% |
| Amounts payable within one year | 42/48 | €37,145 | €41,063 | +€3,918 | +10.5% |
| Financial debts | 43 | €60 | €342 | +€283 | +473% |
| Credit institutions | 430/8 | €60 | €342 | +€283 | +473% |
| Trade debts | 44 | €774 | €1,881 | +€1,107 | +143% |
| Suppliers | 440/4 | €774 | €1,881 | +€1,107 | +143% |
| Taxes, remuneration and social security | 45 | €3,740 | €10,946 | +€7,207 | +193% |
| Taxes | 450/3 | €3,740 | €10,946 | +€7,207 | +193% |
| Other amounts payable | 47/48 | €32,572 | €27,893 | -€4,679 | -14.4% |
| Non-recurring operating income | 76A | €515 | €0 | -€515 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,061 | €1,882 | -€179 | -8.7% |
| Other operating charges | 640/8 | €823 | €988 | +€165 | +20.1% |
| Non-recurring operating charges | 66A | €5,772 | €0 | -€5,772 | -100% |
| Gross operating margin | 9900 | -€38 | €25,897 | +€25,935 | |
| Operating profit (loss) | 9901 | -€8,694 | €23,027 | +€31,721 | |
| Financial income | 75/76B | €6 | €37 | +€31 | +521% |
| Recurring financial income | 75 | €6 | €37 | +€31 | +521% |
| Financial charges | 65/66B | €2,548 | €2,660 | +€112 | +4.4% |
| Recurring financial charges | 65 | €2,548 | €2,660 | +€112 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,236 | €20,404 | +€31,640 | |
| Income taxes | 67/77 | €376 | €4,978 | +€4,602 | +1,223% |
| Profit (loss) for the period | 9904 | -€11,612 | €15,426 | +€27,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,612 | €15,426 | +€27,038 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.