ALOHA MANAGEMENT: what changed
Two fiscal 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.
ALOHA MANAGEMENT
Largest movements
- Current investments -€125,000
down €125,000 (-14.3%), from €875,839 to €750,839
- Cash -€59,550
down €59,550 (-4.8%), from €1.2m to €1.2m
mainly Contributions, distributions and other (-€500,000) and Current portion of long-term debt (-€179,892)
- Current portion of long-term debt -€179,892
down €179,892 (-78.3%), from €229,892 to €50,000
- Other debts -€50,000
down €50,000 (-9.1%), from €550,000 to €500,000
- Reserves +€49,000
up €49,000 (+3.3%), from €1.5m to €1.5m
- Gross operating margin -€78,240
down €78,240 (-10.0%), from €785,819 to €707,579
- Taxes -€19,169
down €19,169 (-9.4%), from €203,567 to €184,398
- Financial income +€12,034
up €12,034 (+46.5%), from €25,853 to €37,887
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 | €2,286,638 | €2,103,514 | -€183,124 | -8.0% |
| Fixed assets | 21/28 | €14,208 | €7,906 | -€6,302 | -44.4% |
| Tangible fixed assets | 22/27 | €14,208 | €7,906 | -€6,302 | -44.4% |
| Furniture and vehicles | 24 | €14,208 | €7,906 | -€6,302 | -44.4% |
| Current assets | 29/58 | €2,272,430 | €2,095,608 | -€176,822 | -7.8% |
| Amounts receivable after more than one year | 29 | €72,500 | €72,500 | = | 0.0% |
| Other amounts receivable | 291 | €72,500 | €72,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,514 | €86,473 | +€13,959 | +19.3% |
| Trade receivables | 40 | €40,435 | €44,679 | +€4,244 | +10.5% |
| Other amounts receivable | 41 | €32,079 | €41,794 | +€9,715 | +30.3% |
| Current investments | 50/53 | €875,839 | €750,839 | -€125,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €1,242,787 | €1,183,237 | -€59,550 | -4.8% |
| Deferred charges and accrued income | 490/1 | €8,790 | €2,559 | -€6,231 | -70.9% |
| Total equity and liabilities | 10/49 | €2,286,638 | €2,103,514 | -€183,124 | -8.0% |
| Equity | 10/15 | €1,494,952 | €1,543,978 | +€49,026 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,474,500 | €1,523,500 | +€49,000 | +3.3% |
| Distributable reserves | 133 | €1,474,500 | €1,523,500 | +€49,000 | +3.3% |
| Profit (loss) carried forward | 14 | €1,852 | €1,878 | +€26 | +1.4% |
| Amounts payable | 17/49 | €791,686 | €559,536 | -€232,150 | -29.3% |
| Amounts payable within one year | 42/48 | €791,686 | €559,536 | -€232,150 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €229,892 | €50,000 | -€179,892 | -78.3% |
| Trade debts | 44 | €4,983 | €2,036 | -€2,947 | -59.1% |
| Suppliers | 440/4 | €4,983 | €2,036 | -€2,947 | -59.1% |
| Taxes, remuneration and social security | 45 | €6,811 | €7,500 | +€689 | +10.1% |
| Taxes | 450/3 | €6,811 | €7,500 | +€689 | +10.1% |
| Other amounts payable | 47/48 | €550,000 | €500,000 | -€50,000 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,547 | €6,302 | -€245 | -3.7% |
| Other operating charges | 640/8 | - | €569 | +€569 | |
| Gross operating margin | 9900 | €785,819 | €707,579 | -€78,240 | -10.0% |
| Operating profit (loss) | 9901 | €779,272 | €700,708 | -€78,564 | -10.1% |
| Financial income | 75/76B | €25,853 | €37,887 | +€12,034 | +46.5% |
| Recurring financial income | 75 | €25,853 | €37,887 | +€12,034 | +46.5% |
| Financial charges | 65/66B | €4,428 | €5,171 | +€743 | +16.8% |
| Recurring financial charges | 65 | €4,428 | €5,171 | +€743 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €800,697 | €733,424 | -€67,273 | -8.4% |
| Income taxes | 67/77 | €203,567 | €184,398 | -€19,169 | -9.4% |
| Profit (loss) for the period | 9904 | €597,130 | €549,026 | -€48,104 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €597,130 | €549,026 | -€48,104 | -8.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.