Alderande: 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
Alderande
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€303,348
2024 · €373,765-€70,417
Equity
€4.2m
2024 · €4.0m+€272,526
Cash
€650,911
2024 · €564,939+€85,972
Balance sheet total
€5.9m
2024 · €5.6m+€292,423
Largest movements
Assets
- Current investments +€221,470
up €221,470 (+9.5%), from €2.3m to €2.6m
- Cash +€85,972
up €85,972 (+15.2%), from €564,939 to €650,911
mainly Net result for the year (+€303,348) and Depreciation (+€194,321)
Equity and liabilities
- Contributions +€509,873
up €509,873 (+76.6%), from €666,037 to €1.2m
- Reserves -€206,525
down €206,525 (-6.9%), from €3.0m to €2.8m
- Debts after one year -€61,534
down €61,534 (-7.6%), from €814,590 to €753,056
of which Financial debts: -€61,813
Income statement
- Staff costs +€199,451
up €199,451 (+7.7%), from €2.6m to €2.8m
- Gross operating margin +€150,351
up €150,351 (+4.7%), from €3.2m to €3.4m
- Depreciation +€52,637
up €52,637 (+37.2%), from €141,684 to €194,321
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
€373,765
Gross operating margin
+€150,351
Staff costs
-€199,451
Depreciation
-€52,637
Other operating charges
-€6,075
Other operating items
+€45,749
Financial income
-€9,809
Financial charges
+€1,455
Result 2025
€303,348
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
+€618,084
Investment
-€439,756
Financing
-€92,356
Cash 2024
€564,939
From operations (derived)
+€618,084
Net result for the year
+€303,348
Depreciation
+€194,321
Receivables after one year
+€29,428
Stocks and contracts
-€1,827
Receivables within one year
-€14,851
Deferred charges and accrued income
+€26,234
Provisions
+€19,372
Debts within one year
+€56,814
Accrued charges and deferred income
+€5,245
Investment (derived)
-€439,756
Investment in fixed assets (net)
-€218,286
Current investments
-€221,470
Financing
-€92,356
Debts after one year
-€61,534
Contributions, distributions and other
-€30,822
Cash 2025
€650,911
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,593,240 | €5,885,663 | +€292,423 | +5.2% |
| Fixed assets | 21/28 | €1,988,850 | €2,012,815 | +€23,965 | +1.2% |
| Tangible fixed assets | 22/27 | €1,946,014 | €1,968,816 | +€22,802 | +1.2% |
| Land and buildings | 22 | €1,855,477 | €1,816,942 | -€38,535 | -2.1% |
| Plant, machinery and equipment | 23 | €49,746 | €56,335 | +€6,589 | +13.2% |
| Furniture and vehicles | 24 | €40,447 | €29,579 | -€10,868 | -26.9% |
| Assets under construction and advance payments | 27 | €344 | €65,960 | +€65,616 | +19,074% |
| Financial fixed assets | 28 | €42,836 | €43,999 | +€1,163 | +2.7% |
| Current assets | 29/58 | €3,604,390 | €3,872,848 | +€268,458 | +7.4% |
| Amounts receivable after more than one year | 29 | €264,847 | €235,419 | -€29,428 | -11.1% |
| Other amounts receivable | 291 | €264,847 | €235,419 | -€29,428 | -11.1% |
| Stocks and contracts in progress | 3 | €1,449 | €3,276 | +€1,827 | +126% |
| Stocks | 30/36 | €1,449 | €3,276 | +€1,827 | +126% |
| Amounts receivable within one year | 40/41 | €314,284 | €329,135 | +€14,851 | +4.7% |
| Trade receivables | 40 | €67,673 | €64,486 | -€3,187 | -4.7% |
| Other amounts receivable | 41 | €246,611 | €264,649 | +€18,038 | +7.3% |
| Current investments | 50/53 | €2,343,379 | €2,564,849 | +€221,470 | +9.5% |
| Cash at bank and in hand | 54/58 | €564,939 | €650,911 | +€85,972 | +15.2% |
| Deferred charges and accrued income | 490/1 | €115,492 | €89,258 | -€26,234 | -22.7% |
| Total equity and liabilities | 10/49 | €5,593,240 | €5,885,663 | +€292,423 | +5.2% |
| Equity | 10/15 | €3,962,778 | €4,235,304 | +€272,526 | +6.9% |
| Contributions | 10/11 | €666,037 | €1,175,910 | +€509,873 | +76.6% |
| Capital | 10 | €666,037 | €1,175,910 | +€509,873 | +76.6% |
| Reserves | 13 | €3,000,178 | €2,793,653 | -€206,525 | -6.9% |
| Investment grants | 15 | €296,563 | €265,741 | -€30,822 | -10.4% |
| Provisions and deferred taxes | 16 | €277,795 | €297,167 | +€19,372 | +7.0% |
| Provisions for liabilities and charges | 160/5 | €277,795 | €297,167 | +€19,372 | +7.0% |
| Major repairs and maintenance | 162 | €38,743 | €58,115 | +€19,372 | +50.0% |
| Other liabilities and charges | 164/5 | €239,052 | €239,052 | = | 0.0% |
| Amounts payable | 17/49 | €1,352,667 | €1,353,192 | +€525 | 0.0% |
| Amounts payable after more than one year | 17 | €814,590 | €753,056 | -€61,534 | -7.6% |
| Financial debts | 170/4 | €812,512 | €750,699 | -€61,813 | -7.6% |
| Other amounts payable | 178/9 | €2,078 | €2,357 | +€279 | +13.4% |
| Amounts payable within one year | 42/48 | €528,967 | €585,781 | +€56,814 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €61,211 | €61,813 | +€602 | +1.0% |
| Trade debts | 44 | €74,168 | €67,380 | -€6,788 | -9.2% |
| Suppliers | 440/4 | €74,168 | €67,380 | -€6,788 | -9.2% |
| Advances received on contracts in progress | 46 | - | €1,051 | +€1,051 | |
| Taxes, remuneration and social security | 45 | €337,415 | €392,427 | +€55,012 | +16.3% |
| Taxes | 450/3 | €9,204 | €8,844 | -€360 | -3.9% |
| Remuneration and social security | 454/9 | €328,211 | €383,583 | +€55,372 | +16.9% |
| Accrued charges and deferred income | 492/3 | €9,110 | €14,355 | +€5,245 | +57.6% |
| Turnover | 70 | €572,476 | €560,746 | -€11,730 | -2.0% |
| Membership fees, donations, legacies and grants | 73 | €3,018,391 | €3,183,043 | +€164,652 | +5.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €534,397 | €548,358 | +€13,961 | +2.6% |
| Remuneration, social security and pensions | 62 | €2,591,103 | €2,790,554 | +€199,451 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,684 | €194,321 | +€52,637 | +37.2% |
| Other operating charges | 640/8 | €53,319 | €59,394 | +€6,075 | +11.4% |
| Non-recurring operating charges | 66A | - | €26,552 | +€26,552 | |
| Gross operating margin | 9900 | €3,228,837 | €3,379,188 | +€150,351 | +4.7% |
| Operating profit (loss) | 9901 | €351,058 | €288,995 | -€62,063 | -17.7% |
| Financial income | 75/76B | €61,058 | €51,249 | -€9,809 | -16.1% |
| Recurring financial income | 75 | €61,058 | €51,249 | -€9,809 | -16.1% |
| Financial charges | 65/66B | €38,351 | €36,896 | -€1,455 | -3.8% |
| Recurring financial charges | 65 | €38,351 | €36,896 | -€1,455 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €373,765 | €303,348 | -€70,417 | -18.8% |
| Profit (loss) for the period | 9904 | €373,765 | €303,348 | -€70,417 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €373,765 | €303,348 | -€70,417 | -18.8% |
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 16 October 2026 via checked.be.