ALIADO: 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.
ALIADO
Largest movements
- Cash +€94,844
up €94,844 (+39.9%), from €237,519 to €332,363
mainly Net result for the year (+€138,557) and Depreciation (+€77,781)
- Tangible fixed assets -€75,086
down €75,086 (-14.3%), from €526,428 to €451,343
- Receivables within one year -€16,558
down €16,558 (-60.5%), from €27,353 to €10,795
of which Other amounts receivable: -€8,314
- Profit (loss) carried forward +€138,557
up €138,557 (+83.7%), from -€165,528 to -€26,971
- Debts after one year -€108,072
down €108,072 (-35.1%), from €308,321 to €200,249
- Trade debts -€17,766
down €17,766 (-7.3%), from €244,508 to €226,742
- Gross operating margin +€156,312
up €156,312 (+16.3%), from €960,188 to €1.1m
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 | €836,518 | €842,412 | +€5,894 | +0.7% |
| Fixed assets | 21/28 | €527,023 | €451,938 | -€75,086 | -14.2% |
| Tangible fixed assets | 22/27 | €526,428 | €451,343 | -€75,086 | -14.3% |
| Plant, machinery and equipment | 23 | €526,428 | €451,343 | -€75,086 | -14.3% |
| Financial fixed assets | 28 | €595 | €595 | = | 0.0% |
| Current assets | 29/58 | €309,495 | €390,474 | +€80,980 | +26.2% |
| Stocks and contracts in progress | 3 | €25,397 | €26,418 | +€1,021 | +4.0% |
| Stocks | 30/36 | €25,397 | €26,418 | +€1,021 | +4.0% |
| Amounts receivable within one year | 40/41 | €27,353 | €10,795 | -€16,558 | -60.5% |
| Trade receivables | 40 | €16,350 | €8,107 | -€8,243 | -50.4% |
| Other amounts receivable | 41 | €11,003 | €2,688 | -€8,314 | -75.6% |
| Cash at bank and in hand | 54/58 | €237,519 | €332,363 | +€94,844 | +39.9% |
| Deferred charges and accrued income | 490/1 | €19,226 | €20,899 | +€1,673 | +8.7% |
| Total equity and liabilities | 10/49 | €836,518 | €842,412 | +€5,894 | +0.7% |
| Equity | 10/15 | €84,472 | €223,029 | +€138,557 | +164.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€165,528 | -€26,971 | +€138,557 | +83.7% |
| Amounts payable | 17/49 | €752,046 | €619,382 | -€132,663 | -17.6% |
| Amounts payable after more than one year | 17 | €308,321 | €200,249 | -€108,072 | -35.1% |
| Financial debts | 170/4 | €308,321 | €200,249 | -€108,072 | -35.1% |
| Amounts payable within one year | 42/48 | €441,804 | €418,941 | -€22,863 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €107,265 | €108,072 | +€807 | +0.8% |
| Financial debts | 43 | - | €28 | +€28 | |
| Credit institutions | 430/8 | - | €28 | +€28 | |
| Trade debts | 44 | €244,508 | €226,742 | -€17,766 | -7.3% |
| Suppliers | 440/4 | €244,508 | €226,742 | -€17,766 | -7.3% |
| Taxes, remuneration and social security | 45 | €88,296 | €81,796 | -€6,501 | -7.4% |
| Taxes | 450/3 | - | €265 | +€265 | |
| Remuneration and social security | 454/9 | €88,296 | €81,531 | -€6,765 | -7.7% |
| Other amounts payable | 47/48 | €1,736 | €2,304 | +€568 | +32.7% |
| Accrued charges and deferred income | 492/3 | €1,921 | €193 | -€1,728 | -90.0% |
| Remuneration, social security and pensions | 62 | €876,455 | €877,028 | +€572 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,311 | €77,781 | +€1,470 | +1.9% |
| Other operating charges | 640/8 | €12,201 | €10,540 | -€1,661 | -13.6% |
| Gross operating margin | 9900 | €960,188 | €1,116,500 | +€156,312 | +16.3% |
| Operating profit (loss) | 9901 | -€4,778 | €151,152 | +€155,930 | |
| Financial income | 75/76B | €1 | €5 | +€4 | +348.3% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +348.3% |
| Financial charges | 65/66B | €15,920 | €12,600 | -€3,320 | -20.9% |
| Recurring financial charges | 65 | €15,920 | €12,600 | -€3,320 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,697 | €138,557 | +€159,254 | |
| Profit (loss) for the period | 9904 | -€20,697 | €138,557 | +€159,254 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,697 | €138,557 | +€159,254 |
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 10 October 2026 via checked.be.