ALDIRO: what changed
Two fiscal 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.
ALDIRO
Largest movements
- Receivables within one year -€208,275
down €208,275 (-75.9%), from €274,375 to €66,100
of which Other amounts receivable: -€242,621
- Tangible fixed assets +€179,032
up €179,032 (+7.8%), from €2.3m to €2.5m
- Current investments +€66,709
up €66,709 (+16.8%), from €397,941 to €464,650
- Deferred charges and accrued income -€61,540
down €61,540 (-97.4%), from €63,207 to €1,667
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€82,840
down €82,840 (-34.5%), from €239,940 to €157,100
- Write-downs +€54,325
up €54,325, from -€47,116 to €7,210
- Other operating charges -€24,829
down €24,829 (-43.6%), from €56,900 to €32,071
- Financial charges -€5,731
down €5,731 (-9.3%), from €61,726 to €55,994
- Depreciation +€4,163
up €4,163 (+4.4%), from €94,295 to €98,458
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 | €3,057,840 | €3,018,024 | -€39,816 | -1.3% |
| Fixed assets | 21/28 | €2,295,769 | €2,474,801 | +€179,032 | +7.8% |
| Tangible fixed assets | 22/27 | €2,295,769 | €2,474,801 | +€179,032 | +7.8% |
| Land and buildings | 22 | €2,295,769 | €2,474,801 | +€179,032 | +7.8% |
| Current assets | 29/58 | €762,071 | €543,223 | -€218,847 | -28.7% |
| Amounts receivable within one year | 40/41 | €274,375 | €66,100 | -€208,275 | -75.9% |
| Trade receivables | 40 | €29,204 | €63,549 | +€34,346 | +117.6% |
| Other amounts receivable | 41 | €245,171 | €2,551 | -€242,621 | -99.0% |
| Current investments | 50/53 | €397,941 | €464,650 | +€66,709 | +16.8% |
| Cash at bank and in hand | 54/58 | €26,548 | €10,806 | -€15,742 | -59.3% |
| Deferred charges and accrued income | 490/1 | €63,207 | €1,667 | -€61,540 | -97.4% |
| Total equity and liabilities | 10/49 | €3,057,840 | €3,018,024 | -€39,816 | -1.3% |
| Equity | 10/15 | €839,786 | €815,882 | -€23,904 | -2.8% |
| Contributions | 10/11 | €1,075,000 | €1,075,000 | = | 0.0% |
| Capital | 10 | €1,075,000 | €1,075,000 | = | 0.0% |
| Issued capital | 100 | €1,075,000 | €1,075,000 | = | 0.0% |
| Reserves | 13 | €11,017 | €11,017 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €4,820 | €4,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246,231 | -€270,135 | -€23,904 | -9.7% |
| Amounts payable | 17/49 | €2,218,054 | €2,202,142 | -€15,911 | -0.7% |
| Amounts payable after more than one year | 17 | €887,701 | €887,701 | = | 0.0% |
| Financial debts | 170/4 | €887,701 | €887,701 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,271,135 | €1,257,853 | -€13,282 | -1.0% |
| Trade debts | 44 | €1,123 | - | -€1,123 | |
| Suppliers | 440/4 | €1,123 | - | -€1,123 | |
| Other amounts payable | 47/48 | €1,270,011 | €1,257,853 | -€12,159 | -1.0% |
| Accrued charges and deferred income | 492/3 | €59,218 | €56,589 | -€2,629 | -4.4% |
| Non-recurring operating income | 76A | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,295 | €98,458 | +€4,163 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€47,116 | €7,210 | +€54,325 | |
| Other operating charges | 640/8 | €56,900 | €32,071 | -€24,829 | -43.6% |
| Gross operating margin | 9900 | €239,940 | €157,100 | -€82,840 | -34.5% |
| Operating profit (loss) | 9901 | €135,861 | €19,362 | -€116,498 | -85.7% |
| Financial income | 75/76B | €11,042 | €12,728 | +€1,686 | +15.3% |
| Recurring financial income | 75 | €11,042 | €12,728 | +€1,686 | +15.3% |
| Financial charges | 65/66B | €61,726 | €55,994 | -€5,731 | -9.3% |
| Recurring financial charges | 65 | €61,726 | €55,994 | -€5,731 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €85,177 | -€23,904 | -€109,081 | |
| Income taxes | 67/77 | €15 | - | -€15 | |
| Profit (loss) for the period | 9904 | €85,162 | -€23,904 | -€109,067 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,162 | -€23,904 | -€109,067 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.