Alice HDD: 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.
Alice HDD
Largest movements
- Receivables within one year +€135,402
up €135,402 (+62.4%), from €216,826 to €352,229
of which Trade receivables: +€152,961
- Tangible fixed assets -€41,322
down €41,322 (-45.5%), from €90,890 to €49,568
- Reserves +€184,355
up €184,355 (+606%), from €30,414 to €214,770
- Trade debts -€180,697
down €180,697 (-78.2%), from €231,204 to €50,507
- Tax, wage and social debts +€58,163
up €58,163 (+646%), from €9,005 to €67,169
- Other debts +€32,042
up €32,042 (+50.0%), from €64,069 to €96,111
- Gross operating margin +€220,240
up €220,240 (+293%), from €75,196 to €295,435
- Taxes +€58,124
up €58,124 (+645%), from €9,005 to €67,129
- Depreciation +€8,246
up €8,246 (+24.9%), from €33,077 to €41,322
- Staff costs -€7,860
down €7,860 (-95.4%), from €8,240 to €379
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €337,009 | €431,569 | +€94,559 | +28.1% |
| Fixed assets | 21/28 | €91,025 | €49,838 | -€41,187 | -45.2% |
| Tangible fixed assets | 22/27 | €90,890 | €49,568 | -€41,322 | -45.5% |
| Furniture and vehicles | 24 | €90,890 | €49,568 | -€41,322 | -45.5% |
| Financial fixed assets | 28 | €135 | €270 | +€135 | +100% |
| Current assets | 29/58 | €245,984 | €381,731 | +€135,747 | +55.2% |
| Amounts receivable within one year | 40/41 | €216,826 | €352,229 | +€135,402 | +62.4% |
| Trade receivables | 40 | €152,655 | €305,616 | +€152,961 | +100% |
| Other amounts receivable | 41 | €64,172 | €46,613 | -€17,559 | -27.4% |
| Current investments | 50/53 | €20,500 | €20,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,418 | €8,736 | +€318 | +3.8% |
| Deferred charges and accrued income | 490/1 | €240 | €266 | +€27 | +11.1% |
| Total equity and liabilities | 10/49 | €337,009 | €431,569 | +€94,559 | +28.1% |
| Equity | 10/15 | €32,414 | €216,770 | +€184,355 | +569% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,414 | €214,770 | +€184,355 | +606% |
| Distributable reserves | 133 | €30,414 | €214,770 | +€184,355 | +606% |
| Amounts payable | 17/49 | €304,595 | €214,799 | -€89,796 | -29.5% |
| Amounts payable within one year | 42/48 | €304,278 | €213,786 | -€90,492 | -29.7% |
| Trade debts | 44 | €231,204 | €50,507 | -€180,697 | -78.2% |
| Suppliers | 440/4 | €231,204 | €50,507 | -€180,697 | -78.2% |
| Taxes, remuneration and social security | 45 | €9,005 | €67,169 | +€58,163 | +646% |
| Taxes | 450/3 | €9,005 | €67,169 | +€58,163 | +646% |
| Other amounts payable | 47/48 | €64,069 | €96,111 | +€32,042 | +50.0% |
| Accrued charges and deferred income | 492/3 | €317 | €1,013 | +€696 | +220% |
| Remuneration, social security and pensions | 62 | €8,240 | €379 | -€7,860 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,077 | €41,322 | +€8,246 | +24.9% |
| Other operating charges | 640/8 | €603 | €1,283 | +€680 | +113% |
| Gross operating margin | 9900 | €75,196 | €295,435 | +€220,240 | +293% |
| Operating profit (loss) | 9901 | €33,276 | €252,451 | +€219,175 | +659% |
| Financial charges | 65/66B | €343 | €967 | +€624 | +182% |
| Recurring financial charges | 65 | €343 | €967 | +€624 | +182% |
| Profit (loss) for the period before taxes | 9903 | €32,934 | €251,484 | +€218,551 | +664% |
| Income taxes | 67/77 | €9,005 | €67,129 | +€58,124 | +645% |
| Profit (loss) for the period | 9904 | €23,928 | €184,355 | +€160,427 | +670% |
| Profit (loss) for the period to be appropriated | 9905 | €23,928 | €184,355 | +€160,427 | +670% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.