ALIDADE: what changed
Two fiscal 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.
ALIDADE
Largest movements
- Stocks and contracts -€132,881
down €132,881 (-51.8%), from €256,291 to €123,410
- Tangible fixed assets +€87,290
up €87,290 (+6.8%), from €1.3m to €1.4m
of which Land and buildings: +€78,248
- Cash +€36,550
up €36,550 (+782.2%), from €4,672 to €41,223
mainly Stocks and contracts (+€132,881) and Depreciation (+€87,168)
- Receivables within one year -€25,886
down €25,886 (-22.1%), from €117,092 to €91,206
of which Other amounts receivable: -€20,016
- Other debts -€81,217
down €81,217 (-5.0%), from €1.6m to €1.5m
- Debts after one year +€30,062
up €30,062 (+13.9%), from €215,567 to €245,629
- Trade debts +€19,351
up €19,351 (+458.3%), from €4,222 to €23,573
- Current portion of long-term debt +€17,622
up €17,622 (+25.4%), from €69,364 to €86,985
- Depreciation +€31,076
up €31,076 (+55.4%), from €56,092 to €87,168
- Other operating charges -€3,666
down €3,666 (-33.0%), from €11,110 to €7,444
- Financial charges +€3,023
up €3,023 (+21.1%), from €14,306 to €17,329
- Gross operating margin +€2,546
up €2,546 (+2.6%), from €99,151 to €101,698
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 | €1,702,660 | €1,677,728 | -€24,932 | -1.5% |
| Fixed assets | 21/28 | €1,324,605 | €1,421,890 | +€97,285 | +7.3% |
| Tangible fixed assets | 22/27 | €1,291,990 | €1,379,280 | +€87,290 | +6.8% |
| Land and buildings | 22 | €1,258,697 | €1,336,945 | +€78,248 | +6.2% |
| Plant, machinery and equipment | 23 | €1,109 | €5,122 | +€4,013 | +361.7% |
| Furniture and vehicles | 24 | €32,183 | €37,212 | +€5,029 | +15.6% |
| Financial fixed assets | 28 | €32,615 | €42,610 | +€9,995 | +30.6% |
| Current assets | 29/58 | €378,055 | €255,839 | -€122,217 | -32.3% |
| Stocks and contracts in progress | 3 | €256,291 | €123,410 | -€132,881 | -51.8% |
| Stocks | 30/36 | €256,291 | €123,410 | -€132,881 | -51.8% |
| Amounts receivable within one year | 40/41 | €117,092 | €91,206 | -€25,886 | -22.1% |
| Trade receivables | 40 | €16,375 | €10,506 | -€5,869 | -35.8% |
| Other amounts receivable | 41 | €100,717 | €80,701 | -€20,016 | -19.9% |
| Cash at bank and in hand | 54/58 | €4,672 | €41,223 | +€36,550 | +782.2% |
| Total equity and liabilities | 10/49 | €1,702,660 | €1,677,728 | -€24,932 | -1.5% |
| Equity | 10/15 | -€206,309 | -€216,552 | -€10,242 | -5.0% |
| Contributions | 10/11 | €92,960 | €92,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€299,269 | -€309,512 | -€10,242 | -3.4% |
| Amounts payable | 17/49 | €1,908,969 | €1,894,280 | -€14,689 | -0.8% |
| Amounts payable after more than one year | 17 | €215,567 | €245,629 | +€30,062 | +13.9% |
| Financial debts | 170/4 | €215,567 | €245,629 | +€30,062 | +13.9% |
| Amounts payable within one year | 42/48 | €1,693,402 | €1,648,651 | -€44,752 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €69,364 | €86,985 | +€17,622 | +25.4% |
| Trade debts | 44 | €4,222 | €23,573 | +€19,351 | +458.3% |
| Suppliers | 440/4 | €4,222 | €23,573 | +€19,351 | +458.3% |
| Taxes, remuneration and social security | 45 | €1,915 | €1,408 | -€508 | -26.5% |
| Taxes | 450/3 | €1,915 | €1,408 | -€508 | -26.5% |
| Other amounts payable | 47/48 | €1,617,902 | €1,536,685 | -€81,217 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,092 | €87,168 | +€31,076 | +55.4% |
| Other operating charges | 640/8 | €11,110 | €7,444 | -€3,666 | -33.0% |
| Gross operating margin | 9900 | €99,151 | €101,698 | +€2,546 | +2.6% |
| Operating profit (loss) | 9901 | €31,949 | €7,086 | -€24,864 | -77.8% |
| Financial income | 75/76B | €240 | €1 | -€240 | -99.8% |
| Recurring financial income | 75 | €240 | €1 | -€240 | -99.8% |
| Financial charges | 65/66B | €14,306 | €17,329 | +€3,023 | +21.1% |
| Recurring financial charges | 65 | €14,306 | €17,329 | +€3,023 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €17,883 | -€10,242 | -€28,126 | |
| Profit (loss) for the period | 9904 | €17,883 | -€10,242 | -€28,126 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,883 | -€10,242 | -€28,126 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.