ALJADA: 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
ALJADA
NACE 68.110, Buying and selling of own real estate
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,000
2024 · €15,654-€654
Equity
€586,851
2024 · €571,850+€15,000
Cash
€11,039
2024 · €9,516+€1,523
Balance sheet total
€2.2m
2024 · €2.3m-€66,002
Largest movements
Assets
- Tangible fixed assets -€69,849
down €69,849 (-3.1%), from €2.3m to €2.2m
of which Land and buildings: -€60,585
Equity and liabilities
- Debts after one year -€94,982
down €94,982 (-6.3%), from €1.5m to €1.4m
of which Financial debts: -€93,422
Income statement
- Other operating charges +€5,899
up €5,899 (+64.7%), from €9,112 to €15,011
- Gross operating margin +€3,578
up €3,578 (+3.3%), from €108,572 to €112,150
- Financial charges -€1,159
down €1,159 (-8.7%), from €13,305 to €12,146
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
€15,654
Gross operating margin
+€3,578
Depreciation
+€506
Other operating charges
-€5,899
Financial charges
+€1,159
Taxes
+€1
Result 2025
€15,000
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
+€95,170
Investment
€0
Financing
-€93,647
Cash 2024
€9,516
From operations (derived)
+€95,170
Net result for the year
+€15,000
Depreciation
+€69,849
Receivables within one year
-€410
Deferred charges and accrued income
-€1,914
Trade debts
-€341
Tax, wage and social debts
+€1,797
Other debts
+€4,935
Accrued charges and deferred income
+€6,253
Financing
-€93,647
Debts after one year
-€94,982
Current portion of long-term debt
+€1,335
Cash 2025
€11,039
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,286,222 | €2,220,220 | -€66,002 | -2.9% |
| Fixed assets | 21/28 | €2,275,389 | €2,205,539 | -€69,849 | -3.1% |
| Tangible fixed assets | 22/27 | €2,275,374 | €2,205,524 | -€69,849 | -3.1% |
| Land and buildings | 22 | €2,243,192 | €2,182,606 | -€60,585 | -2.7% |
| Furniture and vehicles | 24 | €32,182 | €22,918 | -€9,264 | -28.8% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €10,834 | €14,681 | +€3,847 | +35.5% |
| Amounts receivable within one year | 40/41 | €653 | €1,063 | +€410 | +62.7% |
| Trade receivables | 40 | €653 | €1,063 | +€410 | +62.7% |
| Cash at bank and in hand | 54/58 | €9,516 | €11,039 | +€1,523 | +16.0% |
| Deferred charges and accrued income | 490/1 | €664 | €2,578 | +€1,914 | +288.3% |
| Total equity and liabilities | 10/49 | €2,286,222 | €2,220,220 | -€66,002 | -2.9% |
| Equity | 10/15 | €571,850 | €586,851 | +€15,000 | +2.6% |
| Contributions | 10/11 | €490,000 | €490,000 | = | 0.0% |
| Reserves | 13 | €150,452 | €150,452 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,556 | €10,556 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,556 | €10,556 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,622 | €24,622 | = | 0.0% |
| Distributable reserves | 133 | €115,273 | €115,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,601 | -€53,601 | +€15,000 | +21.9% |
| Amounts payable | 17/49 | €1,714,372 | €1,633,370 | -€81,002 | -4.7% |
| Amounts payable after more than one year | 17 | €1,504,095 | €1,409,113 | -€94,982 | -6.3% |
| Financial debts | 170/4 | €1,490,334 | €1,396,912 | -€93,422 | -6.3% |
| Other amounts payable | 178/9 | €13,761 | €12,201 | -€1,560 | -11.3% |
| Amounts payable within one year | 42/48 | €209,377 | €217,103 | +€7,727 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €92,087 | €93,422 | +€1,335 | +1.4% |
| Trade debts | 44 | €15,302 | €14,961 | -€341 | -2.2% |
| Suppliers | 440/4 | €15,302 | €14,961 | -€341 | -2.2% |
| Taxes, remuneration and social security | 45 | €6,155 | €7,952 | +€1,797 | +29.2% |
| Taxes | 450/3 | €2,645 | €2,449 | -€196 | -7.4% |
| Remuneration and social security | 454/9 | €3,510 | €5,503 | +€1,993 | +56.8% |
| Other amounts payable | 47/48 | €95,833 | €100,768 | +€4,935 | +5.2% |
| Accrued charges and deferred income | 492/3 | €900 | €7,153 | +€6,253 | +694.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,355 | €69,849 | -€506 | -0.7% |
| Other operating charges | 640/8 | €9,112 | €15,011 | +€5,899 | +64.7% |
| Gross operating margin | 9900 | €108,572 | €112,150 | +€3,578 | +3.3% |
| Operating profit (loss) | 9901 | €29,104 | €27,290 | -€1,815 | -6.2% |
| Financial charges | 65/66B | €13,305 | €12,146 | -€1,159 | -8.7% |
| Recurring financial charges | 65 | €13,305 | €12,146 | -€1,159 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €15,799 | €15,144 | -€655 | -4.1% |
| Income taxes | 67/77 | €145 | €144 | -€1 | -0.8% |
| Profit (loss) for the period | 9904 | €15,654 | €15,000 | -€654 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,654 | €15,000 | -€654 | -4.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.