Aliud: 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.
Aliud
Largest movements
- Intangible fixed assets +€66,069
up €66,069 (+506.7%), from €13,040 to €79,108
- Tangible fixed assets -€18,400
down €18,400 (-28.5%), from €64,528 to €46,128
of which Leasing and similar rights: -€10,063
- Deferred charges and accrued income +€10,381
up €10,381 (+63.3%), from €16,400 to €26,781
- Stocks and contracts +€8,789
up €8,789 (+12.6%), from €69,700 to €78,489
- Receivables within one year -€5,744
down €5,744 (-5.6%), from €102,211 to €96,468
of which Trade receivables: -€11,075
- Debts after one year +€27,412
up €27,412 (+16.0%), from €171,320 to €198,733
of which Financial debts: +€27,412
- Trade debts +€22,686
up €22,686 (+21.0%), from €108,174 to €130,860
- Current portion of long-term debt -€8,086
down €8,086 (-44.0%), from €18,371 to €10,285
- Tax, wage and social debts +€7,315
up €7,315 (+32.4%), from €22,552 to €29,868
of which Remuneration and social security: +€5,519
- Profit (loss) carried forward +€5,464
up €5,464 (+2.2%), from -€243,736 to -€238,272
- Gross operating margin +€15,071
up €15,071 (+8.4%), from €179,640 to €194,711
- Staff costs +€13,691
up €13,691 (+10.1%), from €135,028 to €148,719
- Other operating charges +€5,422
up €5,422 (+205.4%), from €2,640 to €8,061
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 | €307,546 | €364,301 | +€56,755 | +18.5% |
| Fixed assets | 21/28 | €84,448 | €132,117 | +€47,669 | +56.4% |
| Intangible fixed assets | 21 | €13,040 | €79,108 | +€66,069 | +506.7% |
| Tangible fixed assets | 22/27 | €64,528 | €46,128 | -€18,400 | -28.5% |
| Plant, machinery and equipment | 23 | €10,865 | €7,091 | -€3,775 | -34.7% |
| Furniture and vehicles | 24 | €27,900 | €23,704 | -€4,195 | -15.0% |
| Leasing and similar rights | 25 | €22,773 | €12,709 | -€10,063 | -44.2% |
| Other tangible fixed assets | 26 | €2,991 | €2,624 | -€367 | -12.3% |
| Financial fixed assets | 28 | €6,880 | €6,880 | = | 0.0% |
| Current assets | 29/58 | €223,098 | €232,184 | +€9,086 | +4.1% |
| Stocks and contracts in progress | 3 | €69,700 | €78,489 | +€8,789 | +12.6% |
| Stocks | 30/36 | €69,700 | €78,489 | +€8,789 | +12.6% |
| Amounts receivable within one year | 40/41 | €102,211 | €96,468 | -€5,744 | -5.6% |
| Trade receivables | 40 | €81,981 | €70,906 | -€11,075 | -13.5% |
| Other amounts receivable | 41 | €20,230 | €25,561 | +€5,331 | +26.4% |
| Cash at bank and in hand | 54/58 | €34,786 | €30,447 | -€4,339 | -12.5% |
| Deferred charges and accrued income | 490/1 | €16,400 | €26,781 | +€10,381 | +63.3% |
| Total equity and liabilities | 10/49 | €307,546 | €364,301 | +€56,755 | +18.5% |
| Equity | 10/15 | -€116,236 | -€110,772 | +€5,464 | +4.7% |
| Contributions | 10/11 | €127,500 | €127,500 | = | 0.0% |
| Capital | 10 | €127,500 | €127,500 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Uncalled capital | 101 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€243,736 | -€238,272 | +€5,464 | +2.2% |
| Amounts payable | 17/49 | €423,781 | €475,072 | +€51,291 | +12.1% |
| Amounts payable after more than one year | 17 | €171,320 | €198,733 | +€27,412 | +16.0% |
| Financial debts | 170/4 | €71,320 | €98,733 | +€27,412 | +38.4% |
| Trade debts | 175 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,013 | €271,892 | +€21,879 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €18,371 | €10,285 | -€8,086 | -44.0% |
| Financial debts | 43 | €6,916 | €6,880 | -€36 | -0.5% |
| Credit institutions | 430/8 | €6,916 | €6,880 | -€36 | -0.5% |
| Trade debts | 44 | €108,174 | €130,860 | +€22,686 | +21.0% |
| Suppliers | 440/4 | €108,174 | €130,860 | +€22,686 | +21.0% |
| Taxes, remuneration and social security | 45 | €22,552 | €29,868 | +€7,315 | +32.4% |
| Taxes | 450/3 | €2,380 | €4,176 | +€1,796 | +75.5% |
| Remuneration and social security | 454/9 | €20,172 | €25,692 | +€5,519 | +27.4% |
| Other amounts payable | 47/48 | €94,000 | €94,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,448 | €4,448 | +€2,000 | +81.7% |
| Remuneration, social security and pensions | 62 | €135,028 | €148,719 | +€13,691 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,280 | €26,859 | +€1,578 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €2,640 | €8,061 | +€5,422 | +205.4% |
| Gross operating margin | 9900 | €179,640 | €194,711 | +€15,071 | +8.4% |
| Operating profit (loss) | 9901 | €16,692 | €10,922 | -€5,770 | -34.6% |
| Financial income | 75/76B | €99 | €2 | -€97 | -98.0% |
| Recurring financial income | 75 | €99 | €2 | -€97 | -98.0% |
| Financial charges | 65/66B | €5,643 | €5,460 | -€183 | -3.2% |
| Recurring financial charges | 65 | €5,643 | €5,460 | -€183 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €11,148 | €5,464 | -€5,684 | -51.0% |
| Profit (loss) for the period | 9904 | €11,148 | €5,464 | -€5,684 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,148 | €5,464 | -€5,684 | -51.0% |
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 9 October 2026 via checked.be.