ALDX: 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.
ALDX
Largest movements
- Cash +€52,611
up €52,611 (+129.8%), from €40,540 to €93,151
mainly Other debts (+€102,000) and Net result for the year (+€54,178)
- Receivables within one year +€7,136
up €7,136 (+12.2%), from €58,311 to €65,447
of which Other amounts receivable: +€4,073
- Tangible fixed assets +€3,433
up €3,433 (+584.8%), from €587 to €4,020
- Other debts +€102,000
new in 2025: €102,000
- Profit (loss) carried forward -€65,822
down €65,822 (-72.0%), from €91,359 to €25,537
- Tax, wage and social debts +€24,456
up €24,456 (+655.5%), from €3,731 to €28,187
of which Taxes: +€19,682
- Trade debts +€2,941
up €2,941 (+351.4%), from €837 to €3,778
- Gross operating margin +€11,170
up €11,170 (+18.2%), from €61,315 to €72,485
- Taxes +€2,418
up €2,418 (+16.5%), from €14,641 to €17,059
- Depreciation +€781
up €781 (+93.8%), from €833 to €1,614
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 | €99,927 | €163,502 | +€63,575 | +63.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €587 | €4,020 | +€3,433 | +584.8% |
| Tangible fixed assets | 22/27 | €587 | €4,020 | +€3,433 | +584.8% |
| Furniture and vehicles | 24 | €587 | €4,020 | +€3,433 | +584.8% |
| Current assets | 29/58 | €99,340 | €159,483 | +€60,143 | +60.5% |
| Amounts receivable within one year | 40/41 | €58,311 | €65,447 | +€7,136 | +12.2% |
| Trade receivables | 40 | €44,022 | €47,085 | +€3,063 | +7.0% |
| Other amounts receivable | 41 | €14,289 | €18,362 | +€4,073 | +28.5% |
| Cash at bank and in hand | 54/58 | €40,540 | €93,151 | +€52,611 | +129.8% |
| Deferred charges and accrued income | 490/1 | €489 | €885 | +€396 | +81.0% |
| Total equity and liabilities | 10/49 | €99,927 | €163,502 | +€63,575 | +63.6% |
| Equity | 10/15 | €95,359 | €29,537 | -€65,822 | -69.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,359 | €25,537 | -€65,822 | -72.0% |
| Amounts payable | 17/49 | €4,568 | €133,965 | +€129,397 | +2832.7% |
| Amounts payable within one year | 42/48 | €4,568 | €133,965 | +€129,397 | +2832.7% |
| Trade debts | 44 | €837 | €3,778 | +€2,941 | +351.4% |
| Suppliers | 440/4 | €837 | €3,778 | +€2,941 | +351.4% |
| Taxes, remuneration and social security | 45 | €3,731 | €28,187 | +€24,456 | +655.5% |
| Taxes | 450/3 | €3,731 | €23,413 | +€19,682 | +527.5% |
| Remuneration and social security | 454/9 | - | €4,774 | +€4,774 | |
| Other amounts payable | 47/48 | - | €102,000 | +€102,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €1,614 | +€781 | +93.8% |
| Other operating charges | 640/8 | €395 | €465 | +€70 | +17.8% |
| Gross operating margin | 9900 | €61,315 | €72,485 | +€11,170 | +18.2% |
| Operating profit (loss) | 9901 | €60,087 | €70,405 | +€10,318 | +17.2% |
| Financial income | 75/76B | €1,227 | €909 | -€318 | -25.9% |
| Recurring financial income | 75 | €1,227 | €909 | -€318 | -25.9% |
| Financial charges | 65/66B | €380 | €78 | -€302 | -79.5% |
| Recurring financial charges | 65 | €380 | €78 | -€302 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €60,934 | €71,237 | +€10,303 | +16.9% |
| Income taxes | 67/77 | €14,641 | €17,059 | +€2,418 | +16.5% |
| Profit (loss) for the period | 9904 | €46,293 | €54,178 | +€7,885 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,293 | €54,178 | +€7,885 | +17.0% |
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 6 October 2026 via checked.be.