ALDEX: 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.
ALDEX
Largest movements
- Stocks and contracts +€30,000
up €30,000 (+30.6%), from €97,949 to €127,949
- Cash -€25,658
down €25,658 (-64.2%), from €39,988 to €14,330
mainly Stocks and contracts (-€30,000) and Receivables within one year (-€11,410)
- Receivables within one year +€11,410
new in 2025: €11,410
- Other debts +€10,316
up €10,316 (+209%), from €4,934 to €15,249
- Profit (loss) carried forward +€5,381
up €5,381 (+4.8%), from €111,786 to €117,167
- Tax, wage and social debts -€2,787
down €2,787 (-36.3%), from €7,670 to €4,882
of which Taxes: -€2,654
- Trade debts +€1,851
up €1,851 (+117%), from €1,587 to €3,438
- Gross operating margin +€5,241
up €5,241 (+11.4%), from €46,124 to €51,366
- Taxes +€1,104
up €1,104 (+392%), from €282 to €1,386
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,057 | €161,515 | +€14,459 | +9.8% |
| Fixed assets | 21/28 | €7,173 | €6,757 | -€416 | -5.8% |
| Tangible fixed assets | 22/27 | €7,018 | €6,602 | -€416 | -5.9% |
| Plant, machinery and equipment | 23 | €7,018 | €6,249 | -€768 | -10.9% |
| Furniture and vehicles | 24 | - | €353 | +€353 | |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €139,884 | €154,758 | +€14,874 | +10.6% |
| Stocks and contracts in progress | 3 | €97,949 | €127,949 | +€30,000 | +30.6% |
| Stocks | 30/36 | €97,949 | €127,949 | +€30,000 | +30.6% |
| Amounts receivable within one year | 40/41 | - | €11,410 | +€11,410 | |
| Other amounts receivable | 41 | - | €11,410 | +€11,410 | |
| Cash at bank and in hand | 54/58 | €39,988 | €14,330 | -€25,658 | -64.2% |
| Deferred charges and accrued income | 490/1 | €1,947 | €1,069 | -€878 | -45.1% |
| Total equity and liabilities | 10/49 | €147,057 | €161,515 | +€14,459 | +9.8% |
| Equity | 10/15 | €132,564 | €137,946 | +€5,381 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,179 | €2,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €319 | €319 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,786 | €117,167 | +€5,381 | +4.8% |
| Amounts payable | 17/49 | €14,492 | €23,569 | +€9,077 | +62.6% |
| Amounts payable within one year | 42/48 | €14,190 | €23,569 | +€9,379 | +66.1% |
| Trade debts | 44 | €1,587 | €3,438 | +€1,851 | +117% |
| Suppliers | 440/4 | €1,587 | €3,438 | +€1,851 | +117% |
| Taxes, remuneration and social security | 45 | €7,670 | €4,882 | -€2,787 | -36.3% |
| Taxes | 450/3 | €4,040 | €1,386 | -€2,654 | -65.7% |
| Remuneration and social security | 454/9 | €3,630 | €3,496 | -€134 | -3.7% |
| Other amounts payable | 47/48 | €4,934 | €15,249 | +€10,316 | +209% |
| Accrued charges and deferred income | 492/3 | €302 | - | -€302 | |
| Remuneration, social security and pensions | 62 | €41,586 | €41,335 | -€251 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €681 | €783 | +€102 | +15.0% |
| Other operating charges | 640/8 | €1,166 | €1,309 | +€143 | +12.3% |
| Gross operating margin | 9900 | €46,124 | €51,366 | +€5,241 | +11.4% |
| Operating profit (loss) | 9901 | €2,692 | €7,939 | +€5,247 | +195% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €1,156 | €1,182 | +€26 | +2.2% |
| Recurring financial charges | 65 | €1,156 | €1,182 | +€26 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €1,536 | €6,768 | +€5,232 | +341% |
| Income taxes | 67/77 | €282 | €1,386 | +€1,104 | +392% |
| Profit (loss) for the period | 9904 | €1,254 | €5,381 | +€4,127 | +329% |
| Profit (loss) for the period to be appropriated | 9905 | €1,254 | €5,381 | +€4,127 | +329% |
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 17 October 2026 via checked.be.