ALIDES DEVELOPMENT: 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.
ALIDES DEVELOPMENT
Largest movements
- Receivables within one year +€468,534
up €468,534 (+1,425%), from €32,874 to €501,407
of which Trade receivables: +€477,103
- Cash -€359,586
down €359,586 (-60.8%), from €591,220 to €231,634
mainly Net result for the year (-€850,261) and Trade debts (-€823,336)
- Tangible fixed assets -€98,551
down €98,551 (-49.8%), from €197,966 to €99,415
of which Land and buildings: -€84,960
- Stocks and contracts +€60,965
up €60,965 (+1.3%), from €4.7m to €4.8m
- Advances received +€868,539
new in 2025: €868,539
- Short-term financial debts +€855,300
up €855,300 (+20.3%), from €4.2m to €5.1m
of which Other loans: +€432,000
- Profit (loss) carried forward -€850,261
down €850,261 (-229%), from -€370,651 to -€1.2m
- Trade debts -€823,336
down €823,336 (-55.5%), from €1.5m to €660,040
- Gross operating margin -€420,966
down €420,966, from €25,688 to -€395,278
- Write-downs +€349,039
new in 2025: €349,039
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 | €5,546,325 | €5,617,001 | +€70,675 | +1.3% |
| Fixed assets | 21/28 | €202,175 | €103,624 | -€98,551 | -48.7% |
| Tangible fixed assets | 22/27 | €197,966 | €99,415 | -€98,551 | -49.8% |
| Land and buildings | 22 | €184,375 | €99,415 | -€84,960 | -46.1% |
| Assets under construction and advance payments | 27 | €13,591 | - | -€13,591 | |
| Financial fixed assets | 28 | €4,209 | €4,209 | = | 0.0% |
| Current assets | 29/58 | €5,344,150 | €5,513,376 | +€169,226 | +3.2% |
| Stocks and contracts in progress | 3 | €4,719,320 | €4,780,285 | +€60,965 | +1.3% |
| Contracts in progress | 37 | €4,719,320 | €4,780,285 | +€60,965 | +1.3% |
| Amounts receivable within one year | 40/41 | €32,874 | €501,407 | +€468,534 | +1,425% |
| Trade receivables | 40 | €23,541 | €500,644 | +€477,103 | +2,027% |
| Other amounts receivable | 41 | €9,333 | €764 | -€8,569 | -91.8% |
| Cash at bank and in hand | 54/58 | €591,220 | €231,634 | -€359,586 | -60.8% |
| Deferred charges and accrued income | 490/1 | €736 | €50 | -€686 | -93.2% |
| Total equity and liabilities | 10/49 | €5,546,325 | €5,617,001 | +€70,675 | +1.3% |
| Equity | 10/15 | -€152,051 | -€1,002,312 | -€850,261 | -559% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€370,651 | -€1,220,912 | -€850,261 | -229% |
| Amounts payable | 17/49 | €5,698,376 | €6,619,312 | +€920,937 | +16.2% |
| Amounts payable within one year | 42/48 | €5,698,375 | €6,619,312 | +€920,937 | +16.2% |
| Financial debts | 43 | €4,215,000 | €5,070,300 | +€855,300 | +20.3% |
| Credit institutions | 430/8 | - | €423,300 | +€423,300 | |
| Other loans | 439 | €4,215,000 | €4,647,000 | +€432,000 | +10.2% |
| Trade debts | 44 | €1,483,375 | €660,040 | -€823,336 | -55.5% |
| Suppliers | 440/4 | €1,483,375 | €660,040 | -€823,336 | -55.5% |
| Advances received on contracts in progress | 46 | - | €868,539 | +€868,539 | |
| Taxes, remuneration and social security | 45 | - | €20,411 | +€20,411 | |
| Taxes | 450/3 | - | €20,411 | +€20,411 | |
| Other amounts payable | 47/48 | - | €22 | +€22 | |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,599 | €42,435 | +€2,836 | +7.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €349,039 | +€349,039 | |
| Other operating charges | 640/8 | €537 | €120 | -€417 | -77.6% |
| Non-recurring operating charges | 66A | - | €64,047 | +€64,047 | |
| Gross operating margin | 9900 | €25,688 | -€395,278 | -€420,966 | |
| Operating profit (loss) | 9901 | -€14,448 | -€850,918 | -€836,470 | -5,790% |
| Financial income | 75/76B | €2,268 | €657 | -€1,610 | -71.0% |
| Recurring financial income | 75 | €2,268 | €657 | -€1,610 | -71.0% |
| Financial charges | 65/66B | €3,006 | €0 | -€3,006 | -100.0% |
| Recurring financial charges | 65 | €3,006 | €0 | -€3,006 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,187 | -€850,261 | -€835,074 | -5,499% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€15,187 | -€850,261 | -€835,074 | -5,499% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,187 | -€850,261 | -€835,074 | -5,499% |
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 14 October 2026 via checked.be.