ALACCA: 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.
ALACCA
Largest movements
- Cash +€180,576
up €180,576 (+75.9%), from €237,812 to €418,388
mainly Current investments (+€146,575) and Depreciation (+€42,761)
- Current investments -€146,575
down €146,575 (-100.0%), from €146,575 to €0
- Debts after one year -€66,775
down €66,775 (-23.4%), from €285,453 to €218,679
- Financial income +€81,879
up €81,879 (+443.4%), from €18,466 to €100,345
of which Financial income: +€60,879
- Gross operating margin -€59,827
down €59,827 (-82.8%), from €72,270 to €12,443
- Taxes +€11,036
up €11,036 (+1139.4%), from €969 to €12,004
- Financial charges +€8,304
up €8,304 (+60.7%), from €13,681 to €21,985
- Other operating charges +€1,494
up €1,494 (+77.0%), from €1,940 to €3,434
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 | €4,451,136 | €4,432,772 | -€18,364 | -0.4% |
| Fixed assets | 21/28 | €3,583,616 | €3,541,686 | -€41,930 | -1.2% |
| Tangible fixed assets | 22/27 | €864,983 | €823,053 | -€41,930 | -4.8% |
| Land and buildings | 22 | €816,695 | €788,365 | -€28,331 | -3.5% |
| Plant, machinery and equipment | 23 | €2,724 | €1,604 | -€1,120 | -41.1% |
| Furniture and vehicles | 24 | €2,982 | €1,552 | -€1,431 | -48.0% |
| Other tangible fixed assets | 26 | €42,582 | €31,533 | -€11,049 | -25.9% |
| Financial fixed assets | 28 | €2,718,633 | €2,718,633 | = | 0.0% |
| Current assets | 29/58 | €867,521 | €891,086 | +€23,565 | +2.7% |
| Amounts receivable within one year | 40/41 | €482,208 | €472,698 | -€9,510 | -2.0% |
| Trade receivables | 40 | €1,210 | €0 | -€1,210 | -100.0% |
| Other amounts receivable | 41 | €480,998 | €472,698 | -€8,300 | -1.7% |
| Current investments | 50/53 | €146,575 | €0 | -€146,575 | -100.0% |
| Cash at bank and in hand | 54/58 | €237,812 | €418,388 | +€180,576 | +75.9% |
| Deferred charges and accrued income | 490/1 | €925 | €0 | -€925 | -100.0% |
| Total equity and liabilities | 10/49 | €4,451,136 | €4,432,772 | -€18,364 | -0.4% |
| Equity | 10/15 | €4,097,006 | €4,129,360 | +€32,354 | +0.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,071,764 | €4,079,360 | +€7,595 | +0.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,071,764 | €4,079,360 | +€7,595 | +0.2% |
| Profit (loss) carried forward | 14 | -€24,758 | €0 | +€24,758 | |
| Amounts payable | 17/49 | €354,130 | €303,412 | -€50,718 | -14.3% |
| Amounts payable after more than one year | 17 | €285,453 | €218,679 | -€66,775 | -23.4% |
| Financial debts | 170/4 | €285,453 | €218,679 | -€66,775 | -23.4% |
| Amounts payable within one year | 42/48 | €67,712 | €84,734 | +€17,022 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €64,843 | €66,775 | +€1,932 | +3.0% |
| Trade debts | 44 | €1,901 | €91 | -€1,810 | -95.2% |
| Suppliers | 440/4 | €1,901 | €91 | -€1,810 | -95.2% |
| Taxes, remuneration and social security | 45 | €969 | €17,868 | +€16,899 | +1744.8% |
| Taxes | 450/3 | €969 | €17,868 | +€16,899 | +1744.8% |
| Accrued charges and deferred income | 492/3 | €965 | €0 | -€965 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,075 | €42,761 | +€685 | +1.6% |
| Other operating charges | 640/8 | €1,940 | €3,434 | +€1,494 | +77.0% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €72,270 | €12,443 | -€59,827 | -82.8% |
| Operating profit (loss) | 9901 | €28,254 | -€34,002 | -€62,256 | |
| Financial income | 75/76B | €18,466 | €100,345 | +€81,879 | +443.4% |
| Recurring financial income | 75 | €18,466 | €79,345 | +€60,879 | +329.7% |
| Non-recurring financial income | 76B | - | €21,000 | +€21,000 | |
| Financial charges | 65/66B | €13,681 | €21,985 | +€8,304 | +60.7% |
| Recurring financial charges | 65 | €13,681 | €21,985 | +€8,304 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €33,039 | €44,358 | +€11,319 | +34.3% |
| Income taxes | 67/77 | €969 | €12,004 | +€11,036 | +1139.4% |
| Profit (loss) for the period | 9904 | €32,070 | €32,354 | +€283 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,070 | €32,354 | +€283 | +0.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.