ALIANDRO: 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.
ALIANDRO
Largest movements
- Tangible fixed assets -€33,403
down €33,403 (-31.7%), from €105,514 to €72,111
of which Furniture and vehicles: -€33,017
- Cash +€26,566
up €26,566 (+156%), from €17,013 to €43,578
mainly Depreciation (+€29,146) and Net result for the year (+€16,796)
- Receivables within one year -€4,354
down €4,354 (-25.9%), from €16,796 to €12,442
of which Trade receivables: -€3,642
- Debts after one year -€30,045
down €30,045 (-38.9%), from €77,149 to €47,103
- Reserves +€18,000
up €18,000 (+150%), from €12,000 to €30,000
- Tax, wage and social debts +€2,851
up €2,851 (+45.2%), from €6,310 to €9,161
of which Taxes: +€4,677
- Other debts -€2,183
down €2,183 (-77.3%), from €2,823 to €641
- Current portion of long-term debt +€2,118
up €2,118 (+7.6%), from €27,927 to €30,045
- Gross operating margin +€19,651
up €19,651 (+46.6%), from €42,135 to €61,786
- Taxes +€4,395
up €4,395 (+344%), from €1,276 to €5,671
- Financial charges -€1,588
down €1,588 (-17.5%), from €9,049 to €7,461
- Other operating charges +€1,029
up €1,029 (+60.5%), from €1,701 to €2,729
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 | €141,688 | €129,967 | -€11,721 | -8.3% |
| Fixed assets | 21/28 | €105,514 | €72,111 | -€33,403 | -31.7% |
| Tangible fixed assets | 22/27 | €105,514 | €72,111 | -€33,403 | -31.7% |
| Plant, machinery and equipment | 23 | €1,074 | €688 | -€386 | -36.0% |
| Furniture and vehicles | 24 | €104,439 | €71,423 | -€33,017 | -31.6% |
| Current assets | 29/58 | €36,175 | €57,856 | +€21,681 | +59.9% |
| Amounts receivable within one year | 40/41 | €16,796 | €12,442 | -€4,354 | -25.9% |
| Trade receivables | 40 | €12,955 | €9,313 | -€3,642 | -28.1% |
| Other amounts receivable | 41 | €3,841 | €3,129 | -€712 | -18.5% |
| Cash at bank and in hand | 54/58 | €17,013 | €43,578 | +€26,566 | +156% |
| Deferred charges and accrued income | 490/1 | €2,366 | €1,836 | -€530 | -22.4% |
| Total equity and liabilities | 10/49 | €141,688 | €129,967 | -€11,721 | -8.3% |
| Equity | 10/15 | €18,636 | €35,432 | +€16,796 | +90.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €12,000 | €30,000 | +€18,000 | +150% |
| Distributable reserves | 133 | €12,000 | €30,000 | +€18,000 | +150% |
| Profit (loss) carried forward | 14 | €1,636 | €432 | -€1,204 | -73.6% |
| Amounts payable | 17/49 | €123,053 | €94,536 | -€28,517 | -23.2% |
| Amounts payable after more than one year | 17 | €77,149 | €47,103 | -€30,045 | -38.9% |
| Financial debts | 170/4 | €77,149 | €47,103 | -€30,045 | -38.9% |
| Amounts payable within one year | 42/48 | €45,229 | €47,157 | +€1,928 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €27,927 | €30,045 | +€2,118 | +7.6% |
| Trade debts | 44 | €8,168 | €7,310 | -€858 | -10.5% |
| Suppliers | 440/4 | €8,168 | €7,310 | -€858 | -10.5% |
| Taxes, remuneration and social security | 45 | €6,310 | €9,161 | +€2,851 | +45.2% |
| Taxes | 450/3 | €2,645 | €7,322 | +€4,677 | +177% |
| Remuneration and social security | 454/9 | €3,666 | €1,840 | -€1,826 | -49.8% |
| Other amounts payable | 47/48 | €2,823 | €641 | -€2,183 | -77.3% |
| Accrued charges and deferred income | 492/3 | €675 | €275 | -€400 | -59.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,624 | €29,146 | +€522 | +1.8% |
| Other operating charges | 640/8 | €1,701 | €2,729 | +€1,029 | +60.5% |
| Gross operating margin | 9900 | €42,135 | €61,786 | +€19,651 | +46.6% |
| Operating profit (loss) | 9901 | €11,810 | €29,910 | +€18,101 | +153% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,522% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,522% |
| Financial charges | 65/66B | €9,049 | €7,461 | -€1,588 | -17.5% |
| Recurring financial charges | 65 | €9,049 | €7,461 | -€1,588 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €2,762 | €22,467 | +€19,705 | +713% |
| Income taxes | 67/77 | €1,276 | €5,671 | +€4,395 | +344% |
| Profit (loss) for the period | 9904 | €1,486 | €16,796 | +€15,310 | +1,031% |
| Profit (loss) for the period to be appropriated | 9905 | €1,486 | €16,796 | +€15,310 | +1,031% |
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 15 October 2026 via checked.be.