ALC-ENGINEERING: 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.
ALC-ENGINEERING
Largest movements
- Stocks and contracts +€23,651
up €23,651 (+23.5%), from €100,458 to €124,109
- Tangible fixed assets -€14,218
down €14,218 (-13.7%), from €103,488 to €89,270
of which Furniture and vehicles: -€15,384
- Receivables within one year -€7,819
down €7,819 (-5.9%), from €133,259 to €125,439
of which Other amounts receivable: -€12,977
- Other debts +€47,779
up €47,779 (+115.0%), from €41,545 to €89,324
- Reserves -€41,889
down €41,889 (-38.7%), from €108,284 to €66,395
- Trade debts +€35,462
up €35,462 (+6203.0%), from €572 to €36,033
- Profit (loss) carried forward -€24,266
down €24,266, from €0 to -€24,266
- Tax, wage and social debts -€9,800
down €9,800 (-29.1%), from €33,656 to €23,855
- Gross operating margin -€119,892
down €119,892, from €87,858 to -€32,033
- Taxes -€20,230
down €20,230 (-98.3%), from €20,590 to €360
- Depreciation +€3,935
up €3,935 (+20.9%), from €18,830 to €22,765
- Other operating charges +€2,916
up €2,916 (+85.2%), from €3,424 to €6,340
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 | €341,913 | €345,627 | +€3,714 | +1.1% |
| Fixed assets | 21/28 | €103,488 | €89,270 | -€14,218 | -13.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €103,488 | €89,270 | -€14,218 | -13.7% |
| Plant, machinery and equipment | 23 | €24,513 | €27,800 | +€3,287 | +13.4% |
| Furniture and vehicles | 24 | €62,116 | €46,732 | -€15,384 | -24.8% |
| Other tangible fixed assets | 26 | €16,859 | €14,738 | -€2,121 | -12.6% |
| Current assets | 29/58 | €238,425 | €256,356 | +€17,932 | +7.5% |
| Stocks and contracts in progress | 3 | €100,458 | €124,109 | +€23,651 | +23.5% |
| Stocks | 30/36 | €100,458 | €124,109 | +€23,651 | +23.5% |
| Amounts receivable within one year | 40/41 | €133,259 | €125,439 | -€7,819 | -5.9% |
| Trade receivables | 40 | €58,944 | €64,101 | +€5,158 | +8.7% |
| Other amounts receivable | 41 | €74,315 | €61,338 | -€12,977 | -17.5% |
| Cash at bank and in hand | 54/58 | €1,800 | €3,749 | +€1,949 | +108.3% |
| Deferred charges and accrued income | 490/1 | €2,908 | €3,059 | +€151 | +5.2% |
| Total equity and liabilities | 10/49 | €341,913 | €345,627 | +€3,714 | +1.1% |
| Equity | 10/15 | €188,284 | €122,129 | -€66,155 | -35.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €108,284 | €66,395 | -€41,889 | -38.7% |
| Distributable reserves | 133 | €108,284 | €66,395 | -€41,889 | -38.7% |
| Profit (loss) carried forward | 14 | €0 | -€24,266 | -€24,266 | |
| Amounts payable | 17/49 | €153,630 | €223,498 | +€69,868 | +45.5% |
| Amounts payable after more than one year | 17 | €44,286 | €35,714 | -€8,571 | -19.4% |
| Financial debts | 170/4 | €44,286 | €35,714 | -€8,571 | -19.4% |
| Amounts payable within one year | 42/48 | €109,344 | €187,784 | +€78,440 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €8,571 | €8,571 | = | 0.0% |
| Financial debts | 43 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Credit institutions | 430/8 | €25,000 | €30,000 | +€5,000 | +20.0% |
| Trade debts | 44 | €572 | €36,033 | +€35,462 | +6203.0% |
| Suppliers | 440/4 | €572 | €36,033 | +€35,462 | +6203.0% |
| Taxes, remuneration and social security | 45 | €33,656 | €23,855 | -€9,800 | -29.1% |
| Taxes | 450/3 | €33,656 | €23,855 | -€9,800 | -29.1% |
| Other amounts payable | 47/48 | €41,545 | €89,324 | +€47,779 | +115.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,830 | €22,765 | +€3,935 | +20.9% |
| Other operating charges | 640/8 | €3,424 | €6,340 | +€2,916 | +85.2% |
| Non-recurring operating charges | 66A | €1,826 | €459 | -€1,367 | -74.9% |
| Gross operating margin | 9900 | €87,858 | -€32,033 | -€119,892 | |
| Operating profit (loss) | 9901 | €63,779 | -€61,597 | -€125,376 | |
| Financial income | 75/76B | €4,997 | €4,137 | -€860 | -17.2% |
| Recurring financial income | 75 | €4,997 | €4,137 | -€860 | -17.2% |
| Financial charges | 65/66B | €8,268 | €8,335 | +€67 | +0.8% |
| Recurring financial charges | 65 | €8,268 | €8,335 | +€67 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €60,508 | -€65,794 | -€126,303 | |
| Income taxes | 67/77 | €20,590 | €360 | -€20,230 | -98.3% |
| Profit (loss) for the period | 9904 | €39,918 | -€66,155 | -€106,073 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,918 | -€66,155 | -€106,073 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.