ALDEVAN: 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.
ALDEVAN
Largest movements
- Current investments +€100,000
up €100,000 (+9756.1%), from €1,025 to €101,025
- Deferred charges and accrued income -€56,621
down €56,621 (-100.0%), from €56,621 to €0
- Stocks and contracts +€46,964
up €46,964 (+79.4%), from €59,177 to €106,141
- Receivables within one year +€34,834
up €34,834 (+39.7%), from €87,761 to €122,595
of which Trade receivables: +€106,398
- Cash -€22,318
down €22,318 (-21.2%), from €105,078 to €82,760
mainly Trade debts (-€154,412) and Current investments (-€100,000)
- Trade debts -€154,412
down €154,412 (-78.8%), from €195,941 to €41,529
- Accrued charges and deferred income +€109,420
up €109,420 (+146.7%), from €74,580 to €184,000
- Other debts +€95,956
up €95,956 (+845.2%), from €11,353 to €107,309
- Tax, wage and social debts +€40,521
up €40,521 (+4937.5%), from €821 to €41,342
of which Remuneration and social security: +€34,714
- Reserves +€10,842
up €10,842 (+433.7%), from €2,500 to €13,342
- Gross operating margin +€140,927
up €140,927 (+54.2%), from €260,154 to €401,080
- Staff costs +€135,739
up €135,739 (+55.1%), from €246,555 to €382,293
- Taxes +€4,697
up €4,697 (+289.5%), from €1,622 to €6,319
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 | €309,662 | €412,521 | +€102,859 | +33.2% |
| Current assets | 29/58 | €309,662 | €412,521 | +€102,859 | +33.2% |
| Stocks and contracts in progress | 3 | €59,177 | €106,141 | +€46,964 | +79.4% |
| Stocks | 30/36 | €59,177 | €106,141 | +€46,964 | +79.4% |
| Amounts receivable within one year | 40/41 | €87,761 | €122,595 | +€34,834 | +39.7% |
| Trade receivables | 40 | €11,802 | €118,199 | +€106,398 | +901.6% |
| Other amounts receivable | 41 | €75,959 | €4,396 | -€71,564 | -94.2% |
| Current investments | 50/53 | €1,025 | €101,025 | +€100,000 | +9756.1% |
| Cash at bank and in hand | 54/58 | €105,078 | €82,760 | -€22,318 | -21.2% |
| Deferred charges and accrued income | 490/1 | €56,621 | €0 | -€56,621 | -100.0% |
| Total equity and liabilities | 10/49 | €309,662 | €412,521 | +€102,859 | +33.2% |
| Equity | 10/15 | €26,967 | €38,342 | +€11,375 | +42.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €13,342 | +€10,842 | +433.7% |
| Distributable reserves | 133 | €2,500 | €13,342 | +€10,842 | +433.7% |
| Profit (loss) carried forward | 14 | -€533 | €0 | +€533 | |
| Amounts payable | 17/49 | €282,695 | €374,180 | +€91,485 | +32.4% |
| Amounts payable within one year | 42/48 | €208,115 | €190,180 | -€17,935 | -8.6% |
| Trade debts | 44 | €195,941 | €41,529 | -€154,412 | -78.8% |
| Suppliers | 440/4 | €195,941 | €41,529 | -€154,412 | -78.8% |
| Taxes, remuneration and social security | 45 | €821 | €41,342 | +€40,521 | +4937.5% |
| Taxes | 450/3 | €821 | €6,627 | +€5,807 | +707.5% |
| Remuneration and social security | 454/9 | - | €34,714 | +€34,714 | |
| Other amounts payable | 47/48 | €11,353 | €107,309 | +€95,956 | +845.2% |
| Accrued charges and deferred income | 492/3 | €74,580 | €184,000 | +€109,420 | +146.7% |
| Remuneration, social security and pensions | 62 | €246,555 | €382,293 | +€135,739 | +55.1% |
| Other operating charges | 640/8 | - | €1,330 | +€1,330 | |
| Gross operating margin | 9900 | €260,154 | €401,080 | +€140,927 | +54.2% |
| Operating profit (loss) | 9901 | €13,599 | €17,457 | +€3,858 | +28.4% |
| Financial income | 75/76B | €4,155 | €1,035 | -€3,120 | -75.1% |
| Recurring financial income | 75 | €4,155 | €1,035 | -€3,120 | -75.1% |
| Financial charges | 65/66B | €57 | €799 | +€742 | +1297.4% |
| Recurring financial charges | 65 | €57 | €799 | +€742 | +1297.4% |
| Profit (loss) for the period before taxes | 9903 | €17,696 | €17,693 | -€3 | 0.0% |
| Income taxes | 67/77 | €1,622 | €6,319 | +€4,697 | +289.5% |
| Profit (loss) for the period | 9904 | €16,074 | €11,375 | -€4,700 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,074 | €11,375 | -€4,700 | -29.2% |
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 9 October 2026 via checked.be.