Alides Land: what changed
What changed
Alides Land
NACE 68.122, Development of non-residential building projects
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.7m-€704,617
Equity
€28.4m
2024 · €27.7m+€758,480
Cash
€465,423
2024 · €438,880+€26,543
Balance sheet total
€48.6m
2024 · €50.5m-€1.9m
Largest movements
Assets
- Financial fixed assets -€2.9m
down €2.9m (-96.2%), from €3.0m to €112,129
- Receivables within one year +€2.7m
up €2.7m (+285%), from €943,368 to €3.6m
of which Other amounts receivable: +€2.6m
- Stocks and contracts -€1.1m
down €1.1m (-3.4%), from €33.0m to €31.9m
- Tangible fixed assets -€560,625
down €560,625 (-4.3%), from €13.1m to €12.5m
of which Land and buildings: -€596,320
Equity and liabilities
- Short-term financial debts -€18.6m
down €18.6m (-100.0%), from €18.6m to €1,095
of which Credit institutions: -€18.6m
- Debts after one year +€16.4m
up €16.4m (+507%), from €3.2m to €19.6m
of which Financial debts: +€16.4m
- Profit (loss) carried forward +€1.0m
up €1.0m (+4.6%), from €22.3m to €23.3m
Income statement
- Gross operating margin -€734,894
down €734,894 (-20.9%), from €3.5m to €2.8m
- Taxes -€403,932
down €403,932 (-41.5%), from €974,237 to €570,304
- Other operating charges +€336,369
up €336,369 (+80.2%), from €419,168 to €755,537
- Depreciation +€76,685
up €76,685 (+25.4%), from €301,761 to €378,446
- Financial charges -€40,782
down €40,782 (-30.9%), from €132,145 to €91,363
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
€1.7m
Gross operating margin
-€734,894
Staff costs
-€1,771
Depreciation
-€76,685
Other operating charges
-€336,369
Financial income
+€388
Financial charges
+€40,782
Taxes
+€403,932
Result 2025
€1.0m
raises the resultlowers the result
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
-€149,797
Investment
+€3.1m
Financing
-€2.9m
Cash 2024
€438,880
From operations (derived)
-€149,797
Net result for the year
+€1.0m
Depreciation
+€378,446
Stocks and contracts
+€1.1m
Receivables within one year
-€2.7m
Smaller working-capital items
+€4,043
Trade debts
+€213,080
Tax, wage and social debts
-€188,972
Investment (derived)
+€3.1m
Investment in fixed assets (net)
+€3.1m
Financing
-€2.9m
Debts after one year
+€16.4m
Current portion of long-term debt
-€356,000
Short-term financial debts
-€18.6m
Contributions, distributions and other
-€261,388
Cash 2025
€465,423
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,499,553 | €48,647,820 | -€1.9m | -3.7% |
| Fixed assets | 21/28 | €16,062,985 | €12,628,807 | -€3.4m | -21.4% |
| Tangible fixed assets | 22/27 | €13,077,303 | €12,516,678 | -€560,625 | -4.3% |
| Land and buildings | 22 | €13,077,303 | €12,480,983 | -€596,320 | -4.6% |
| Assets under construction and advance payments | 27 | €0 | €35,695 | +€35,695 | |
| Financial fixed assets | 28 | €2,985,683 | €112,129 | -€2.9m | -96.2% |
| Current assets | 29/58 | €34,436,567 | €36,019,014 | +€1.6m | +4.6% |
| Stocks and contracts in progress | 3 | €33,027,216 | €31,912,503 | -€1.1m | -3.4% |
| Contracts in progress | 37 | €33,027,216 | €31,912,503 | -€1.1m | -3.4% |
| Amounts receivable within one year | 40/41 | €943,368 | €3,634,343 | +€2.7m | +285% |
| Trade receivables | 40 | €349,481 | €404,061 | +€54,580 | +15.6% |
| Other amounts receivable | 41 | €593,887 | €3,230,282 | +€2.6m | +444% |
| Cash at bank and in hand | 54/58 | €438,880 | €465,423 | +€26,543 | +6.0% |
| Deferred charges and accrued income | 490/1 | €27,103 | €6,745 | -€20,358 | -75.1% |
| Total equity and liabilities | 10/49 | €50,499,553 | €48,647,820 | -€1.9m | -3.7% |
| Equity | 10/15 | €27,679,073 | €28,437,552 | +€758,480 | +2.7% |
| Contributions | 10/11 | €2,610,000 | €2,610,000 | = | 0.0% |
| Capital | 10 | €2,610,000 | €2,610,000 | = | 0.0% |
| Issued capital | 100 | €2,610,000 | €2,610,000 | = | 0.0% |
| Revaluation surpluses | 12 | €261,388 | €0 | -€261,388 | -100% |
| Reserves | 13 | €2,554,103 | €2,554,103 | = | 0.0% |
| Non-distributable reserves | 130/1 | €495,787 | €495,787 | = | 0.0% |
| Legal reserve | 130 | €495,787 | €495,787 | = | 0.0% |
| Distributable reserves | 133 | €2,058,316 | €2,058,316 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,253,581 | €23,273,449 | +€1.0m | +4.6% |
| Amounts payable | 17/49 | €22,820,480 | €20,210,268 | -€2.6m | -11.4% |
| Amounts payable after more than one year | 17 | €3,227,750 | €19,584,650 | +€16.4m | +507% |
| Financial debts | 170/4 | €3,219,500 | €19,576,400 | +€16.4m | +508% |
| Other amounts payable | 178/9 | €8,250 | €8,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €19,280,465 | €329,966 | -€19.0m | -98.3% |
| Current portion of amounts payable after more than one year | 42 | €356,000 | - | -€356,000 | |
| Financial debts | 43 | €18,620,000 | €1,095 | -€18.6m | -100.0% |
| Credit institutions | 430/8 | €18,620,000 | - | -€18.6m | |
| Other loans | 439 | €0 | €1,095 | +€1,095 | |
| Trade debts | 44 | €112,893 | €325,973 | +€213,080 | +189% |
| Suppliers | 440/4 | €112,893 | €325,973 | +€213,080 | +189% |
| Taxes, remuneration and social security | 45 | €188,972 | €0 | -€188,972 | -100% |
| Taxes | 450/3 | €188,972 | €0 | -€188,972 | -100% |
| Other amounts payable | 47/48 | €2,600 | €2,898 | +€298 | +11.4% |
| Accrued charges and deferred income | 492/3 | €312,265 | €295,652 | -€16,613 | -5.3% |
| Remuneration, social security and pensions | 62 | €634 | €2,405 | +€1,771 | +279% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301,761 | €378,446 | +€76,685 | +25.4% |
| Other operating charges | 640/8 | €419,168 | €755,537 | +€336,369 | +80.2% |
| Gross operating margin | 9900 | €3,523,772 | €2,788,878 | -€734,894 | -20.9% |
| Operating profit (loss) | 9901 | €2,802,209 | €1,652,490 | -€1.1m | -41.0% |
| Financial income | 75/76B | €28,657 | €29,045 | +€388 | +1.4% |
| Recurring financial income | 75 | €28,657 | €28,599 | -€58 | -0.2% |
| Non-recurring financial income | 76B | - | €446 | +€446 | |
| Financial charges | 65/66B | €132,145 | €91,363 | -€40,782 | -30.9% |
| Recurring financial charges | 65 | €132,145 | €91,363 | -€40,782 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €2,698,721 | €1,590,172 | -€1.1m | -41.1% |
| Income taxes | 67/77 | €974,237 | €570,304 | -€403,932 | -41.5% |
| Profit (loss) for the period | 9904 | €1,724,485 | €1,019,868 | -€704,617 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,724,485 | €1,019,868 | -€704,617 | -40.9% |
Next steps
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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 5 November 2026 via checked.be.