Annual Report 2025

Being a creditworthy company with solid returns

As a major energy network company, we have an important social role in Dutch society. Our social, financial and sustainability performance is of significance in the considerations of shareholders and investors.

Annual Report 2025

Being an attractive, inclusive employer with equal opportunities for all

Alliander acknowledges the importance of good employment practices and wishes to be and remain a top-class employer, i.e. an inclusive place of employment where employees trust the people they work with, have opportunities for personal development

Annual Report 2025

Building the energy system of the future

Against the backdrop of the developments on the global stage and in our country and our sector, we are facing one of the biggest transformations ever: the transition to a sustainable and resilient system in which energy is reliable, affordable and

Annual Report 2025

Business conduct (G1)

Alliander is committed to good governance and proper business conduct. We make our choices in the interests of all our stakeholders.

Annual Report 2025

Cash flow

A summary of the cash flow statement for 2025 is shown below.

Annual Report 2025

Changing laws and regulations

Alliander’s activities, and particularly those of Liander, are heavily regulated by laws and regulations. We continuously consult with relevant stakeholders to ensure that the legal framework is suitable for the energy transition.

Annual Report 2025

Circular economy (E5)

Achieving the energy transition will require a lot of (critical) materials such as copper, aluminium and plastic. These materials are scarce and increasingly play a role in geopolitical conflicts.

Annual Report 2025

Climate change (E1)

Climate change affects Alliander’s value, due to its central position in the energy chain. Energy infrastructure is the crucial facilitating link in the energy chain for the transition to a sustainable, low-carbon energy supply.

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Being a creditworthy company with solid returns

Being an attractive, inclusive employer with equal opportunities for all

Building the energy system of the future

Business conduct (G1)

Cash flow

Changing laws and regulations

Circular economy (E5)

Climate change (E1)

Company balance sheet (as at 31 December, before appropriation of profit)

Company income statement