ALUDRA: 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.
ALUDRA
Largest movements
- Cash -€40,926
down €40,926 (-79.3%), from €51,641 to €10,715
mainly Other debts (-€175,000) and Net result for the year (-€3,201)
- Other debts -€175,000
down €175,000 (-12.1%), from €1.5m to €1.3m
- Advances received +€137,317
new in 2025: €137,317
- Gross operating margin -€1,105
down €1,105 (-123%), from -€901 to -€2,006
- Other operating charges +€35
up €35 (+3.1%), from €1,108 to €1,143
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 | €1,469,657 | €1,428,713 | -€40,944 | -2.8% |
| Current assets | 29/58 | €1,469,657 | €1,428,713 | -€40,944 | -2.8% |
| Stocks and contracts in progress | 3 | €1,417,849 | €1,417,849 | = | 0.0% |
| Stocks | 30/36 | €1,417,849 | €1,417,849 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168 | €149 | -€19 | -11.1% |
| Other amounts receivable | 41 | €168 | €149 | -€19 | -11.1% |
| Cash at bank and in hand | 54/58 | €51,641 | €10,715 | -€40,926 | -79.3% |
| Total equity and liabilities | 10/49 | €1,469,657 | €1,428,713 | -€40,944 | -2.8% |
| Equity | 10/15 | €19,549 | €16,348 | -€3,201 | -16.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,451 | -€33,652 | -€3,201 | -10.5% |
| Amounts payable | 17/49 | €1,450,108 | €1,412,365 | -€37,743 | -2.6% |
| Amounts payable within one year | 42/48 | €1,450,108 | €1,412,365 | -€37,743 | -2.6% |
| Trade debts | 44 | €108 | €48 | -€60 | -56.0% |
| Suppliers | 440/4 | €108 | €48 | -€60 | -56.0% |
| Advances received on contracts in progress | 46 | - | €137,317 | +€137,317 | |
| Other amounts payable | 47/48 | €1,450,000 | €1,275,000 | -€175,000 | -12.1% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | -€901 | -€2,006 | -€1,105 | -123% |
| Operating profit (loss) | 9901 | -€2,009 | -€3,148 | -€1,140 | -56.7% |
| Financial charges | 65/66B | €51 | €53 | +€1 | +2.9% |
| Recurring financial charges | 65 | €51 | €53 | +€1 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,060 | -€3,201 | -€1,141 | -55.4% |
| Profit (loss) for the period | 9904 | -€2,060 | -€3,201 | -€1,141 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,060 | -€3,201 | -€1,141 | -55.4% |
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 19 October 2026 via checked.be.