ALIDES PROPERTIES: 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.
What changed
ALIDES PROPERTIES
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€26.6m
2024 · €12.3m+€14.2m
Equity
€108.3m
2024 · €91.7m+€16.6m
Cash
€390,527
2024 · €956,338-€565,811
Balance sheet total
€273.7m
2024 · €255.9m+€17.8m
Largest movements
Assets
- Receivables within one year +€27.0m
up €27.0m (+25.4%), from €106.6m to €133.6m
of which Other amounts receivable: +€27.2m
- Tangible fixed assets -€7.5m
down €7.5m (-8.5%), from €88.0m to €80.5m
of which Land and buildings: -€7.3m
Equity and liabilities
- Reserves +€17.9m
up €17.9m (+22.5%), from €79.3m to €97.2m
of which Tax-exempt reserves: +€17.9m
- Debts after one year -€13.8m
down €13.8m (-12.8%), from €107.2m to €93.5m
of which Financial debts: -€13.8m
- Current portion of long-term debt +€10.3m
up €10.3m (+114.0%), from €9.1m to €19.4m
- Provisions +€6.0m
up €6.0m (+47.6%), from €12.5m to €18.4m
Income statement
- Financial income -€1.2m
down €1.2m (-23.6%), from €5.0m to €3.8m
of which Financial income: -€1.2m
- Turnover -€849,450
down €849,450 (-4.9%), from €17.5m to €16.6m
- Depreciation -€422,478
down €422,478 (-6.7%), from €6.3m to €5.9m
- Other operating income -€422,389
down €422,389 (-10.1%), from €4.2m to €3.8m
- Financial charges -€315,785
down €315,785 (-8.2%), from €3.9m to €3.6m
of which Financial charges: -€316,688
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.
Result 2024
€12.3m
Turnover
-€849,450
Other operating income
-€422,389
Services and other goods
+€300,165
Staff costs
-€21,654
Depreciation
+€422,478
Write-downs
-€1,417
Other operating charges
-€79,494
Other operating items
+€20.5m
Financial income
-€1.2m
Financial charges
+€315,785
Taxes
+€84,835
Deferred taxes and other
-€4.9m
Result 2025
€26.6m
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.
From operations
+€11.3m
Investment
+€1.6m
Financing
-€13.4m
Cash 2024
€956,338
From operations (derived)
+€11.3m
Net result for the year
+€26.6m
Depreciation
+€5.9m
Receivables after one year
+€835,611
Receivables within one year
-€27.0m
Deferred charges and accrued income
+€352,870
Provisions
+€6.0m
Trade debts
-€1.5m
Tax, wage and social debts
+€690,189
Other debts
+€108,068
Accrued charges and deferred income
-€628,557
Investment (derived)
+€1.6m
Investment in fixed assets (net)
+€1.6m
Financing
-€13.4m
Debts after one year
-€13.8m
Current portion of long-term debt
+€10.3m
Contributions, distributions and other
-€10.0m
Cash 2025
€390,527
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €255,912,392 | €273,710,949 | +€17.8m | +7.0% |
| Fixed assets | 21/28 | €102,147,704 | €94,673,304 | -€7.5m | -7.3% |
| Tangible fixed assets | 22/27 | €87,959,752 | €80,463,490 | -€7.5m | -8.5% |
| Land and buildings | 22 | €87,682,650 | €80,337,726 | -€7.3m | -8.4% |
| Plant, machinery and equipment | 23 | €16,224 | €12,317 | -€3,907 | -24.1% |
| Assets under construction and advance payments | 27 | €260,878 | €113,447 | -€147,431 | -56.5% |
| Financial fixed assets | 28 | €14,187,953 | €14,209,814 | +€21,861 | +0.2% |
| Affiliated companies | 280/1 | €13,676,712 | €13,701,712 | +€25,000 | +0.2% |
| Participating interests | 280 | €13,676,712 | €13,701,712 | +€25,000 | +0.2% |
| Companies linked by participating interests | 282/3 | €506,744 | €503,605 | -€3,139 | -0.6% |
| Participating interests | 282 | €506,744 | €503,605 | -€3,139 | -0.6% |
| Other financial fixed assets | 284/8 | €4,497 | €4,497 | = | 0.0% |
| Shares | 284 | €2,075 | €2,075 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,422 | €2,422 | = | 0.0% |
| Current assets | 29/58 | €153,764,687 | €179,037,646 | +€25.3m | +16.4% |
| Amounts receivable after more than one year | 29 | €4,970,996 | €4,135,385 | -€835,611 | -16.8% |
| Trade receivables | 290 | €4,963,357 | €4,127,746 | -€835,611 | -16.8% |
| Other amounts receivable | 291 | €7,639 | €7,639 | = | 0.0% |
| Stocks and contracts in progress | 3 | €625,000 | €625,000 | = | 0.0% |
| Contracts in progress | 37 | €625,000 | €625,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €106,603,590 | €133,630,840 | +€27.0m | +25.4% |
| Trade receivables | 40 | €3,634,714 | €3,479,115 | -€155,599 | -4.3% |
| Other amounts receivable | 41 | €102,968,875 | €130,151,725 | +€27.2m | +26.4% |
| Current investments | 50/53 | €35,937,001 | €35,937,001 | = | 0.0% |
| Own shares | 50 | €35,937,000 | €35,937,000 | = | 0.0% |
| Other investments | 51/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €956,338 | €390,527 | -€565,811 | -59.2% |
| Deferred charges and accrued income | 490/1 | €4,671,763 | €4,318,893 | -€352,870 | -7.6% |
| Total equity and liabilities | 10/49 | €255,912,392 | €273,710,949 | +€17.8m | +7.0% |
| Equity | 10/15 | €91,703,328 | €108,280,505 | +€16.6m | +18.1% |
| Contributions | 10/11 | €7,665,554 | €7,665,554 | = | 0.0% |
| Capital | 10 | €7,665,554 | €7,665,554 | = | 0.0% |
| Issued capital | 100 | €7,665,554 | €7,665,554 | = | 0.0% |
| Reserves | 13 | €79,345,099 | €97,203,748 | +€17.9m | +22.5% |
| Non-distributable reserves | 130/1 | €36,714,127 | €36,714,127 | = | 0.0% |
| Legal reserve | 130 | €766,555 | €766,555 | = | 0.0% |
| Own shares acquired | 1312 | €35,937,000 | €35,937,000 | = | 0.0% |
| Other | 1319 | €10,572 | €10,572 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,486,532 | €55,345,181 | +€17.9m | +47.6% |
| Distributable reserves | 133 | €5,144,440 | €5,144,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,692,675 | €3,411,203 | -€1.3m | -27.3% |
| Provisions and deferred taxes | 16 | €12,495,406 | €18,448,289 | +€6.0m | +47.6% |
| Deferred taxes | 168 | €12,495,406 | €18,448,289 | +€6.0m | +47.6% |
| Amounts payable | 17/49 | €151,713,658 | €146,982,155 | -€4.7m | -3.1% |
| Amounts payable after more than one year | 17 | €107,244,825 | €93,481,384 | -€13.8m | -12.8% |
| Financial debts | 170/4 | €107,131,718 | €93,375,508 | -€13.8m | -12.8% |
| Credit institutions | 173 | €107,131,718 | €93,375,508 | -€13.8m | -12.8% |
| Other amounts payable | 178/9 | €113,108 | €105,876 | -€7,232 | -6.4% |
| Amounts payable within one year | 42/48 | €40,882,950 | €50,543,445 | +€9.7m | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €9,054,243 | €19,379,566 | +€10.3m | +114.0% |
| Financial debts | 43 | €15,000,000 | €15,000,000 | = | 0.0% |
| Other loans | 439 | €15,000,000 | €15,000,000 | = | 0.0% |
| Trade debts | 44 | €2,751,569 | €1,288,485 | -€1.5m | -53.2% |
| Suppliers | 440/4 | €2,751,569 | €1,288,485 | -€1.5m | -53.2% |
| Advances received on contracts in progress | 46 | €3,031 | €3,031 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,407,358 | €2,097,547 | +€690,189 | +49.0% |
| Taxes | 450/3 | €1,393,359 | €2,080,412 | +€687,053 | +49.3% |
| Remuneration and social security | 454/9 | €13,999 | €17,135 | +€3,136 | +22.4% |
| Other amounts payable | 47/48 | €12,666,748 | €12,774,816 | +€108,068 | +0.9% |
| Accrued charges and deferred income | 492/3 | €3,585,883 | €2,957,326 | -€628,557 | -17.5% |
| Operating income | 70/76A | €28,916,573 | €48,159,867 | +€19.2m | +66.5% |
| Turnover | 70 | €17,457,668 | €16,608,218 | -€849,450 | -4.9% |
| Other operating income | 74 | €4,189,725 | €3,767,336 | -€422,389 | -10.1% |
| Non-recurring operating income | 76A | €7,269,180 | €27,784,313 | +€20.5m | +282.2% |
| Operating charges | 60/66A | €13,592,954 | €12,966,451 | -€626,502 | -4.6% |
| Services and other goods | 61 | €5,739,823 | €5,439,658 | -€300,165 | -5.2% |
| Remuneration, social security and pensions | 62 | €209,353 | €231,007 | +€21,654 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,320,107 | €5,897,628 | -€422,478 | -6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,904 | -€6,487 | +€1,417 | +17.9% |
| Other operating charges | 640/8 | €1,321,258 | €1,400,752 | +€79,494 | +6.0% |
| Non-recurring operating charges | 66A | €10,317 | €3,893 | -€6,424 | -62.3% |
| Operating profit (loss) | 9901 | €15,323,620 | €35,193,416 | +€19.9m | +129.7% |
| Financial income | 75/76B | €5,000,241 | €3,819,052 | -€1.2m | -23.6% |
| Recurring financial income | 75 | €5,000,241 | €3,818,052 | -€1.2m | -23.6% |
| Income from financial fixed assets | 750 | €145,751 | €124,907 | -€20,843 | -14.3% |
| Income from current assets | 751 | €4,765,142 | €3,688,535 | -€1.1m | -22.6% |
| Other financial income | 752/9 | €89,349 | €4,610 | -€84,740 | -94.8% |
| Non-recurring financial income | 76B | - | €1,000 | +€1,000 | |
| Financial charges | 65/66B | €3,873,263 | €3,557,478 | -€315,785 | -8.2% |
| Recurring financial charges | 65 | €3,873,263 | €3,556,575 | -€316,688 | -8.2% |
| Debt charges | 650 | €3,787,082 | €3,466,437 | -€320,645 | -8.5% |
| Other financial charges | 652/9 | €86,181 | €90,138 | +€3,956 | +4.6% |
| Non-recurring financial charges | 66B | - | €903 | +€903 | |
| Profit (loss) for the period before taxes | 9903 | €16,450,598 | €35,454,990 | +€19.0m | +115.5% |
| Transfer from deferred taxes | 780 | €724,340 | €953,715 | +€229,375 | +31.7% |
| Transfer to deferred taxes | 680 | €1,816,209 | €6,906,599 | +€5.1m | +280.3% |
| Income taxes | 67/77 | €3,009,765 | €2,924,930 | -€84,835 | -2.8% |
| Taxes | 670/3 | €3,022,044 | €2,924,930 | -€97,115 | -3.2% |
| Tax adjustments and reversals of tax provisions | 77 | €12,280 | - | -€12,280 | |
| Profit (loss) for the period | 9904 | €12,348,964 | €26,577,177 | +€14.2m | +115.2% |
| Transfer from tax-exempt reserves | 789 | €2,173,021 | €2,861,146 | +€688,125 | +31.7% |
| Transfer to tax-exempt reserves | 689 | €5,448,627 | €20,719,796 | +€15.3m | +280.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,073,358 | €8,718,528 | -€354,830 | -3.9% |
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 10 October 2026 via checked.be.