Aliaxis Ventures: what changed
What changed
Aliaxis Ventures
filed annual accounts (NBB)
Net result for the year
-€13.7m
2024 · -€17.0m+€3.4m
Equity
€28.8m
2024 · €26.4m+€2.3m
Cash
€121
2024 · €121-€0
Balance sheet total
€28.8m
2024 · €35.6m-€6.8m
Largest movements
Assets
- Financial fixed assets -€9.8m
down €9.8m (-27.6%), from €35.5m to €25.7m
of which Affiliated companies: -€8.7m
- Receivables within one year +€3.1m
new in 2025: €3.1m
of which Other amounts receivable: +€3.1m
Equity and liabilities
- Contributions +€16.0m
up €16.0m (+35.6%), from €45.0m to €61.0m
- Profit (loss) carried forward -€13.7m
down €13.7m (-73.5%), from -€18.6m to -€32.2m
- Short-term financial debts -€8.0m
no longer reported in 2025 (was €8.0m)
- Other debts -€1.1m
no longer reported in 2025 (was €1.1m)
Income statement
- Financial charges -€3.4m
down €3.4m (-20.2%), from €16.8m to €13.4m
of which Non-recurring financial charges: -€3.6m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€17.0m
Other operating charges
+€4,080
Other operating items
-€14,240
Financial income
-€2,738
Financial charges
+€3.4m
Result 2025
-€13.7m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€17.8m
Investment
+€9.8m
Financing
+€8.0m
Cash 2024
€121
From operations (derived)
-€17.8m
Net result for the year
-€13.7m
Receivables within one year
-€3.1m
Smaller working-capital items
+€9,773
Other debts
-€1.1m
Investment (derived)
+€9.8m
Investment in fixed assets (net)
+€9.8m
Financing
+€8.0m
Short-term financial debts
-€8.0m
Contributions, distributions and other
+€16.0m
Cash 2025
€121
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,554,508 | €28,801,696 | -€6.8m | -19.0% |
| Fixed assets | 21/28 | €35,523,138 | €25,729,862 | -€9.8m | -27.6% |
| Financial fixed assets | 28 | €35,523,138 | €25,729,862 | -€9.8m | -27.6% |
| Affiliated companies | 280/1 | €10,144,921 | €1,406,351 | -€8.7m | -86.1% |
| Participating interests | 280 | €10,144,921 | €1,406,351 | -€8.7m | -86.1% |
| Other financial fixed assets | 284/8 | €25,378,216 | €24,323,511 | -€1.1m | -4.2% |
| Shares | 284 | €25,378,216 | €24,323,511 | -€1.1m | -4.2% |
| Current assets | 29/58 | €31,371 | €3,071,834 | +€3.0m | +9,692% |
| Amounts receivable within one year | 40/41 | - | €3,071,714 | +€3.1m | |
| Trade receivables | 40 | - | €153 | +€153 | |
| Other amounts receivable | 41 | - | €3,071,561 | +€3.1m | |
| Cash at bank and in hand | 54/58 | €121 | €121 | -€0 | -0.2% |
| Deferred charges and accrued income | 490/1 | €31,250 | - | -€31,250 | |
| Total equity and liabilities | 10/49 | €35,554,508 | €28,801,696 | -€6.8m | -19.0% |
| Equity | 10/15 | €26,418,968 | €28,767,730 | +€2.3m | +8.9% |
| Contributions | 10/11 | €45,000,000 | €61,000,000 | +€16.0m | +35.6% |
| Capital | 10 | €45,000,000 | €61,000,000 | +€16.0m | +35.6% |
| Issued capital | 100 | €45,000,000 | €61,000,000 | +€16.0m | +35.6% |
| Profit (loss) carried forward | 14 | -€18,581,032 | -€32,232,270 | -€13.7m | -73.5% |
| Amounts payable | 17/49 | €9,135,540 | €33,966 | -€9.1m | -99.6% |
| Amounts payable within one year | 42/48 | €9,128,750 | €33,966 | -€9.1m | -99.6% |
| Financial debts | 43 | €8,026,944 | - | -€8.0m | |
| Other loans | 439 | €8,026,944 | - | -€8.0m | |
| Trade debts | 44 | €48,653 | €33,966 | -€14,687 | -30.2% |
| Suppliers | 440/4 | €48,653 | €33,966 | -€14,687 | -30.2% |
| Other amounts payable | 47/48 | €1,053,153 | - | -€1.1m | |
| Accrued charges and deferred income | 492/3 | €6,790 | - | -€6,790 | |
| Operating charges | 60/66A | €219,603 | €229,763 | +€10,160 | +4.6% |
| Services and other goods | 61 | €214,525 | €228,765 | +€14,240 | +6.6% |
| Other operating charges | 640/8 | €5,079 | €998 | -€4,080 | -80.3% |
| Operating profit (loss) | 9901 | -€219,603 | -€229,763 | -€10,160 | -4.6% |
| Financial income | 75/76B | €4,907 | €2,169 | -€2,738 | -55.8% |
| Recurring financial income | 75 | €4,907 | €2,169 | -€2,738 | -55.8% |
| Income from current assets | 751 | - | €226 | +€226 | |
| Other financial income | 752/9 | €4,907 | €1,943 | -€2,964 | -60.4% |
| Financial charges | 65/66B | €16,823,813 | €13,423,644 | -€3.4m | -20.2% |
| Recurring financial charges | 65 | €188,340 | €382,962 | +€194,623 | +103% |
| Debt charges | 650 | €132,538 | €380,893 | +€248,355 | +187% |
| Other financial charges | 652/9 | €55,802 | €2,070 | -€53,732 | -96.3% |
| Non-recurring financial charges | 66B | €16,635,474 | €13,040,681 | -€3.6m | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,038,510 | -€13,651,238 | +€3.4m | +19.9% |
| Profit (loss) for the period | 9904 | -€17,038,510 | -€13,651,238 | +€3.4m | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,038,510 | -€13,651,238 | +€3.4m | +19.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.