Alieco: 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.
Alieco
Largest movements
- Receivables within one year +€685,484
up €685,484 (+88,793%), from €772 to €686,256
of which Other amounts receivable: +€663,593
- Tangible fixed assets -€107,745
down €107,745 (-25.5%), from €423,046 to €315,302
of which Land and buildings: -€108,700
- Cash +€34,039
up €34,039 (+319%), from €10,661 to €44,700
mainly Debts after one year (+€670,180) and Depreciation (+€163,813)
- Stocks and contracts +€16,449
up €16,449 (+57.1%), from €28,827 to €45,277
- Debts after one year +€670,180
up €670,180 (+272%), from €246,486 to €916,667
- Reserves -€42,757
down €42,757 (-100%), from €42,757 to €0
- Trade debts +€27,134
up €27,134 (+552%), from €4,918 to €32,052
- Profit (loss) carried forward -€21,249
new in 2025: -€21,249
- Depreciation +€103,021
up €103,021 (+169%), from €60,793 to €163,813
- Gross operating margin -€19,021
down €19,021 (-11.2%), from €169,260 to €150,240
- Taxes -€15,806
down €15,806 (-98.7%), from €16,020 to €214
- Financial charges +€14,430
up €14,430 (+901%), from €1,601 to €16,030
- Staff costs -€14,004
down €14,004 (-30.2%), from €46,383 to €32,380
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 | €468,324 | €1,099,431 | +€631,107 | +135% |
| Fixed assets | 21/28 | €423,864 | €315,919 | -€107,945 | -25.5% |
| Intangible fixed assets | 21 | €817 | €617 | -€200 | -24.5% |
| Tangible fixed assets | 22/27 | €423,046 | €315,302 | -€107,745 | -25.5% |
| Land and buildings | 22 | €269,149 | €160,450 | -€108,700 | -40.4% |
| Plant, machinery and equipment | 23 | €96,203 | €111,233 | +€15,029 | +15.6% |
| Furniture and vehicles | 24 | €57,694 | €43,619 | -€14,074 | -24.4% |
| Current assets | 29/58 | €44,460 | €783,512 | +€739,052 | +1,662% |
| Stocks and contracts in progress | 3 | €28,827 | €45,277 | +€16,449 | +57.1% |
| Stocks | 30/36 | €28,827 | €45,277 | +€16,449 | +57.1% |
| Amounts receivable within one year | 40/41 | €772 | €686,256 | +€685,484 | +88,793% |
| Trade receivables | 40 | €492 | €22,383 | +€21,891 | +4,448% |
| Other amounts receivable | 41 | €280 | €663,873 | +€663,593 | +237,099% |
| Cash at bank and in hand | 54/58 | €10,661 | €44,700 | +€34,039 | +319% |
| Deferred charges and accrued income | 490/1 | €4,200 | €7,280 | +€3,080 | +73.3% |
| Total equity and liabilities | 10/49 | €468,324 | €1,099,431 | +€631,107 | +135% |
| Equity | 10/15 | €45,757 | -€18,249 | -€64,006 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,757 | €0 | -€42,757 | -100% |
| Distributable reserves | 133 | €42,757 | €0 | -€42,757 | -100% |
| Profit (loss) carried forward | 14 | - | -€21,249 | -€21,249 | |
| Amounts payable | 17/49 | €422,567 | €1,117,680 | +€695,113 | +164% |
| Amounts payable after more than one year | 17 | €246,486 | €916,667 | +€670,180 | +272% |
| Financial debts | 170/4 | €246,486 | €916,667 | +€670,180 | +272% |
| Amounts payable within one year | 42/48 | €176,080 | €201,013 | +€24,933 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €29,375 | €29,820 | +€445 | +1.5% |
| Trade debts | 44 | €4,918 | €32,052 | +€27,134 | +552% |
| Suppliers | 440/4 | €4,918 | €32,052 | +€27,134 | +552% |
| Taxes, remuneration and social security | 45 | €23,535 | €13,793 | -€9,742 | -41.4% |
| Taxes | 450/3 | €15,782 | €6,021 | -€9,760 | -61.8% |
| Remuneration and social security | 454/9 | €7,753 | €7,771 | +€18 | +0.2% |
| Other amounts payable | 47/48 | €118,253 | €125,349 | +€7,097 | +6.0% |
| Remuneration, social security and pensions | 62 | €46,383 | €32,380 | -€14,004 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,793 | €163,813 | +€103,021 | +169% |
| Other operating charges | 640/8 | €1,706 | €1,817 | +€110 | +6.5% |
| Gross operating margin | 9900 | €169,260 | €150,240 | -€19,021 | -11.2% |
| Operating profit (loss) | 9901 | €60,378 | -€47,770 | -€108,148 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,601 | €16,030 | +€14,430 | +901% |
| Recurring financial charges | 65 | €1,601 | €16,030 | +€14,430 | +901% |
| Profit (loss) for the period before taxes | 9903 | €58,777 | -€63,792 | -€122,569 | |
| Income taxes | 67/77 | €16,020 | €214 | -€15,806 | -98.7% |
| Profit (loss) for the period | 9904 | €42,757 | -€64,006 | -€106,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,757 | -€64,006 | -€106,763 |
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 18 October 2026 via checked.be.