ALC: 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.
ALC
Largest movements
- Receivables within one year -€16,695
down €16,695 (-98.3%), from €16,980 to €285
of which Trade receivables: -€16,968
- Tangible fixed assets -€13,669
down €13,669 (-5.2%), from €264,497 to €250,828
of which Plant, machinery and equipment: -€24,697
- Cash -€5,151
down €5,151 (-67.0%), from €7,693 to €2,542
mainly Net result for the year (-€59,750) and Investment in fixed assets (net) (-€12,000)
- Profit (loss) carried forward -€59,750
down €59,750 (-33.2%), from -€180,042 to -€239,793
- Other debts +€21,629
up €21,629 (+5.4%), from €402,399 to €424,028
- Other operating charges +€497
up €497 (+129.3%), from €384 to €881
- Financial charges +€477
up €477 (+795433.3%), from €0 to €477
- Depreciation +€472
up €472 (+1.9%), from €25,197 to €25,669
- Financial income +€397
new in 2025: €397
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 | €292,082 | €256,702 | -€35,380 | -12.1% |
| Fixed assets | 21/28 | €265,303 | €251,635 | -€13,669 | -5.2% |
| Tangible fixed assets | 22/27 | €264,497 | €250,828 | -€13,669 | -5.2% |
| Land and buildings | 22 | - | €11,528 | +€11,528 | |
| Plant, machinery and equipment | 23 | €263,997 | €239,300 | -€24,697 | -9.4% |
| Furniture and vehicles | 24 | €500 | - | -€500 | |
| Financial fixed assets | 28 | €806 | €806 | = | 0.0% |
| Current assets | 29/58 | €26,779 | €5,067 | -€21,711 | -81.1% |
| Amounts receivable within one year | 40/41 | €16,980 | €285 | -€16,695 | -98.3% |
| Trade receivables | 40 | €16,980 | €12 | -€16,968 | -99.9% |
| Other amounts receivable | 41 | - | €274 | +€274 | |
| Cash at bank and in hand | 54/58 | €7,693 | €2,542 | -€5,151 | -67.0% |
| Deferred charges and accrued income | 490/1 | €2,106 | €2,240 | +€134 | +6.4% |
| Total equity and liabilities | 10/49 | €292,082 | €256,702 | -€35,380 | -12.1% |
| Equity | 10/15 | -€111,842 | -€171,593 | -€59,750 | -53.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Contributions outside capital | 11 | - | €62,000 | +€62,000 | |
| Other | 1109/19 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | -€180,042 | -€239,793 | -€59,750 | -33.2% |
| Amounts payable | 17/49 | €403,924 | €428,294 | +€24,370 | +6.0% |
| Amounts payable within one year | 42/48 | €403,924 | €428,294 | +€24,370 | +6.0% |
| Trade debts | 44 | €1,525 | €3,482 | +€1,957 | +128.3% |
| Suppliers | 440/4 | €1,525 | €3,482 | +€1,957 | +128.3% |
| Taxes, remuneration and social security | 45 | - | €784 | +€784 | |
| Taxes | 450/3 | - | €784 | +€784 | |
| Other amounts payable | 47/48 | €402,399 | €424,028 | +€21,629 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,197 | €25,669 | +€472 | +1.9% |
| Other operating charges | 640/8 | €384 | €881 | +€497 | +129.3% |
| Gross operating margin | 9900 | -€32,952 | -€33,120 | -€168 | -0.5% |
| Operating profit (loss) | 9901 | -€58,533 | -€59,670 | -€1,137 | -1.9% |
| Financial income | 75/76B | - | €397 | +€397 | |
| Recurring financial income | 75 | - | €397 | +€397 | |
| Financial charges | 65/66B | €0 | €477 | +€477 | +795433.3% |
| Recurring financial charges | 65 | €0 | €477 | +€477 | +795433.3% |
| Profit (loss) for the period before taxes | 9903 | -€58,533 | -€59,750 | -€1,217 | -2.1% |
| Profit (loss) for the period | 9904 | -€58,533 | -€59,750 | -€1,217 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,533 | -€59,750 | -€1,217 | -2.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.