Ali Express Distribution: 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.
Ali Express Distribution
Largest movements
- Tangible fixed assets -€30,989
down €30,989 (-31.0%), from €99,815 to €68,826
of which Furniture and vehicles: -€30,249
- Receivables within one year -€14,901
down €14,901 (-18.8%), from €79,257 to €64,357
of which Trade receivables: -€10,916
- Cash +€10,359
up €10,359 (+960%), from €1,079 to €11,437
mainly Investment in fixed assets (net) (+€16,786) and Receivables within one year (+€14,901)
- Tax, wage and social debts -€23,706
down €23,706 (-19.9%), from €119,084 to €95,378
of which Remuneration and social security: -€22,742
- Profit (loss) carried forward -€10,465
down €10,465 (-85.1%), from €12,297 to €1,833
- Other debts -€7,324
down €7,324 (-28.2%), from €26,000 to €18,676
- Trade debts +€6,674
up €6,674 (+3,589%), from €186 to €6,860
- Gross operating margin -€176,237
down €176,237 (-40.1%), from €439,448 to €263,212
- Staff costs -€101,609
down €101,609 (-28.4%), from €357,656 to €256,047
- Taxes -€27,660
down €27,660 (-91.6%), from €30,184 to €2,524
- Financial income +€10,461
up €10,461 (+113%), from €9,262 to €19,723
of which Financial income: +€17,261
- Depreciation -€9,366
down €9,366 (-39.7%), from €23,570 to €14,204
From the 31-03-2025 result to the 31-12-2025 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 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,748 | €149,927 | -€34,821 | -18.8% |
| Fixed assets | 21/28 | €99,815 | €68,826 | -€30,989 | -31.0% |
| Tangible fixed assets | 22/27 | €99,815 | €68,826 | -€30,989 | -31.0% |
| Plant, machinery and equipment | 23 | €3,536 | €2,796 | -€740 | -20.9% |
| Furniture and vehicles | 24 | €96,279 | €66,030 | -€30,249 | -31.4% |
| Current assets | 29/58 | €84,933 | €81,101 | -€3,832 | -4.5% |
| Amounts receivable within one year | 40/41 | €79,257 | €64,357 | -€14,901 | -18.8% |
| Trade receivables | 40 | €61,273 | €50,357 | -€10,916 | -17.8% |
| Other amounts receivable | 41 | €17,985 | €14,000 | -€3,985 | -22.2% |
| Cash at bank and in hand | 54/58 | €1,079 | €11,437 | +€10,359 | +960% |
| Deferred charges and accrued income | 490/1 | €4,597 | €5,307 | +€711 | +15.5% |
| Total equity and liabilities | 10/49 | €184,748 | €149,927 | -€34,821 | -18.8% |
| Equity | 10/15 | €39,478 | €29,013 | -€10,465 | -26.5% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €10,981 | €10,981 | = | 0.0% |
| Distributable reserves | 133 | €10,981 | €10,981 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,297 | €1,833 | -€10,465 | -85.1% |
| Amounts payable | 17/49 | €145,270 | €120,914 | -€24,356 | -16.8% |
| Amounts payable within one year | 42/48 | €145,270 | €120,914 | -€24,356 | -16.8% |
| Trade debts | 44 | €186 | €6,860 | +€6,674 | +3,589% |
| Suppliers | 440/4 | €186 | €6,860 | +€6,674 | +3,589% |
| Taxes, remuneration and social security | 45 | €119,084 | €95,378 | -€23,706 | -19.9% |
| Taxes | 450/3 | €38,257 | €37,293 | -€964 | -2.5% |
| Remuneration and social security | 454/9 | €80,827 | €58,085 | -€22,742 | -28.1% |
| Other amounts payable | 47/48 | €26,000 | €18,676 | -€7,324 | -28.2% |
| Remuneration, social security and pensions | 62 | €357,656 | €256,047 | -€101,609 | -28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,570 | €14,204 | -€9,366 | -39.7% |
| Other operating charges | 640/8 | €8,255 | €4,119 | -€4,136 | -50.1% |
| Non-recurring operating charges | 66A | - | €16,234 | +€16,234 | |
| Gross operating margin | 9900 | €439,448 | €263,212 | -€176,237 | -40.1% |
| Operating profit (loss) | 9901 | €49,968 | -€27,393 | -€77,361 | |
| Financial income | 75/76B | €9,262 | €19,723 | +€10,461 | +113% |
| Recurring financial income | 75 | €2,462 | €19,723 | +€17,261 | +701% |
| Non-recurring financial income | 76B | €6,800 | - | -€6,800 | |
| Financial charges | 65/66B | €3,072 | €270 | -€2,801 | -91.2% |
| Recurring financial charges | 65 | €3,072 | €270 | -€2,801 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €56,158 | -€7,940 | -€64,099 | |
| Income taxes | 67/77 | €30,184 | €2,524 | -€27,660 | -91.6% |
| Profit (loss) for the period | 9904 | €25,974 | -€10,465 | -€36,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,974 | -€10,465 | -€36,439 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 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.