Alders Bob: what changed
Alders Bob
Largest movements
- Receivables within one year +€12,749
up €12,749 (+66.2%), from €19,268 to €32,016
of which Other amounts receivable: +€7,714
- Cash +€11,802
up €11,802 (+37.2%), from €31,705 to €43,507
mainly Net result for the year (+€25,569) and Trade debts (+€15,178)
- Tangible fixed assets -€9,177
down €9,177 (-15.9%), from €57,569 to €48,392
of which Leasing and similar rights: -€11,334
- Reserves +€25,569
up €25,569 (+75.4%), from €33,924 to €59,494
- Trade debts +€15,178
up €15,178 (+506%), from €3,002 to €18,180
- Debts after one year -€13,973
down €13,973 (-32.2%), from €43,394 to €29,422
- Accrued charges and deferred income -€7,202
no longer reported in 2025 (was €7,202)
- Tax, wage and social debts -€3,475
down €3,475 (-97.3%), from €3,572 to €97
- Depreciation +€10,230
up €10,230 (+701%), from €1,459 to €11,689
- Financial charges +€1,768
up €1,768 (+355%), from €498 to €2,266
- Gross operating margin +€1,549
up €1,549 (+3.1%), from €50,580 to €52,129
- Taxes -€1,349
down €1,349 (-10.7%), from €12,589 to €11,240
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 | €108,669 | €124,165 | +€15,496 | +14.3% |
| Fixed assets | 21/28 | €57,569 | €48,392 | -€9,177 | -15.9% |
| Tangible fixed assets | 22/27 | €57,569 | €48,392 | -€9,177 | -15.9% |
| Plant, machinery and equipment | 23 | - | €517 | +€517 | |
| Furniture and vehicles | 24 | - | €1,639 | +€1,639 | |
| Leasing and similar rights | 25 | €57,569 | €46,236 | -€11,334 | -19.7% |
| Current assets | 29/58 | €51,100 | €75,773 | +€24,674 | +48.3% |
| Amounts receivable within one year | 40/41 | €19,268 | €32,016 | +€12,749 | +66.2% |
| Trade receivables | 40 | €19,268 | €24,302 | +€5,035 | +26.1% |
| Other amounts receivable | 41 | - | €7,714 | +€7,714 | |
| Cash at bank and in hand | 54/58 | €31,705 | €43,507 | +€11,802 | +37.2% |
| Deferred charges and accrued income | 490/1 | €127 | €250 | +€123 | +97.2% |
| Total equity and liabilities | 10/49 | €108,669 | €124,165 | +€15,496 | +14.3% |
| Equity | 10/15 | €36,924 | €62,494 | +€25,569 | +69.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,924 | €59,494 | +€25,569 | +75.4% |
| Distributable reserves | 133 | €33,924 | €59,494 | +€25,569 | +75.4% |
| Amounts payable | 17/49 | €71,745 | €61,672 | -€10,073 | -14.0% |
| Amounts payable after more than one year | 17 | €43,394 | €29,422 | -€13,973 | -32.2% |
| Financial debts | 170/4 | €43,394 | €29,422 | -€13,973 | -32.2% |
| Amounts payable within one year | 42/48 | €21,148 | €32,250 | +€11,102 | +52.5% |
| Current portion of amounts payable after more than one year | 42 | €13,444 | €13,973 | +€529 | +3.9% |
| Trade debts | 44 | €3,002 | €18,180 | +€15,178 | +506% |
| Suppliers | 440/4 | €3,002 | €18,180 | +€15,178 | +506% |
| Taxes, remuneration and social security | 45 | €3,572 | €97 | -€3,475 | -97.3% |
| Taxes | 450/3 | €3,572 | €97 | -€3,475 | -97.3% |
| Other amounts payable | 47/48 | €1,129 | - | -€1,129 | |
| Accrued charges and deferred income | 492/3 | €7,202 | - | -€7,202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €11,689 | +€10,230 | +701% |
| Other operating charges | 640/8 | €1,277 | €1,427 | +€149 | +11.7% |
| Gross operating margin | 9900 | €50,580 | €52,129 | +€1,549 | +3.1% |
| Operating profit (loss) | 9901 | €47,843 | €39,013 | -€8,830 | -18.5% |
| Financial income | 75/76B | €1 | €62 | +€61 | +5,058% |
| Recurring financial income | 75 | €1 | €62 | +€61 | +5,058% |
| Financial charges | 65/66B | €498 | €2,266 | +€1,768 | +355% |
| Recurring financial charges | 65 | €498 | €2,266 | +€1,768 | +355% |
| Profit (loss) for the period before taxes | 9903 | €47,347 | €36,809 | -€10,537 | -22.3% |
| Income taxes | 67/77 | €12,589 | €11,240 | -€1,349 | -10.7% |
| Profit (loss) for the period | 9904 | €34,757 | €25,569 | -€9,188 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €34,757 | €25,569 | -€9,188 | -26.4% |
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 2 November 2026 via checked.be.