ALCA: 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.
ALCA
Largest movements
- Cash +€42,031
up €42,031 (+83.7%), from €50,198 to €92,229
mainly Net result for the year (+€47,965) and Trade debts (+€14,619)
- Stocks and contracts -€10,363
down €10,363 (-4.8%), from €215,613 to €205,250
- Receivables within one year -€4,227
down €4,227 (-53.1%), from €7,962 to €3,735
of which Trade receivables: -€4,981
- Profit (loss) carried forward +€47,965
up €47,965, from -€10,618 to €37,348
- Advances received -€38,650
down €38,650 (-100%), from €38,650 to €0
- Trade debts +€14,619
up €14,619 (+281%), from €5,194 to €19,814
- Tax, wage and social debts +€8,236
up €8,236 (+80.6%), from €10,216 to €18,452
of which Taxes: +€10,004
- Other debts -€4,708
down €4,708 (-2.1%), from €220,556 to €215,849
- Taxes +€10,004
new in 2025: €10,004
- Gross operating margin +€7,743
up €7,743 (+9.3%), from €83,106 to €90,850
- Other operating charges -€5,254
down €5,254 (-72.4%), from €7,260 to €2,005
- Staff costs +€1,816
up €1,816 (+6.3%), from €28,817 to €30,633
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 | €284,234 | €311,697 | +€27,463 | +9.7% |
| Fixed assets | 21/28 | €9,600 | €9,600 | = | 0.0% |
| Financial fixed assets | 28 | €9,600 | €9,600 | = | 0.0% |
| Current assets | 29/58 | €274,634 | €302,097 | +€27,463 | +10.0% |
| Stocks and contracts in progress | 3 | €215,613 | €205,250 | -€10,363 | -4.8% |
| Stocks | 30/36 | €215,613 | €205,250 | -€10,363 | -4.8% |
| Amounts receivable within one year | 40/41 | €7,962 | €3,735 | -€4,227 | -53.1% |
| Trade receivables | 40 | €7,109 | €2,127 | -€4,981 | -70.1% |
| Other amounts receivable | 41 | €853 | €1,608 | +€755 | +88.5% |
| Cash at bank and in hand | 54/58 | €50,198 | €92,229 | +€42,031 | +83.7% |
| Deferred charges and accrued income | 490/1 | €861 | €883 | +€21 | +2.5% |
| Total equity and liabilities | 10/49 | €284,234 | €311,697 | +€27,463 | +9.7% |
| Equity | 10/15 | €9,617 | €57,583 | +€47,965 | +499% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,643 | €1,643 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,643 | +€1,643 | |
| Reserves not available under the articles | 1311 | - | €1,643 | +€1,643 | |
| Distributable reserves | 133 | €1,643 | €0 | -€1,643 | -100% |
| Profit (loss) carried forward | 14 | -€10,618 | €37,348 | +€47,965 | |
| Amounts payable | 17/49 | €274,617 | €254,114 | -€20,502 | -7.5% |
| Amounts payable within one year | 42/48 | €274,617 | €254,114 | -€20,502 | -7.5% |
| Trade debts | 44 | €5,194 | €19,814 | +€14,619 | +281% |
| Suppliers | 440/4 | €5,194 | €19,814 | +€14,619 | +281% |
| Advances received on contracts in progress | 46 | €38,650 | €0 | -€38,650 | -100% |
| Taxes, remuneration and social security | 45 | €10,216 | €18,452 | +€8,236 | +80.6% |
| Taxes | 450/3 | - | €10,004 | +€10,004 | |
| Remuneration and social security | 454/9 | €10,216 | €8,448 | -€1,767 | -17.3% |
| Other amounts payable | 47/48 | €220,556 | €215,849 | -€4,708 | -2.1% |
| Remuneration, social security and pensions | 62 | €28,817 | €30,633 | +€1,816 | +6.3% |
| Other operating charges | 640/8 | €7,260 | €2,005 | -€5,254 | -72.4% |
| Gross operating margin | 9900 | €83,106 | €90,850 | +€7,743 | +9.3% |
| Operating profit (loss) | 9901 | €47,029 | €58,212 | +€11,182 | +23.8% |
| Financial income | 75/76B | €95 | €0 | -€95 | -100% |
| Recurring financial income | 75 | €95 | €0 | -€95 | -100% |
| Financial charges | 65/66B | €223 | €243 | +€20 | +8.9% |
| Recurring financial charges | 65 | €223 | €243 | +€20 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €46,902 | €57,969 | +€11,068 | +23.6% |
| Income taxes | 67/77 | - | €10,004 | +€10,004 | |
| Profit (loss) for the period | 9904 | €46,902 | €47,965 | +€1,064 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,902 | €47,965 | +€1,064 | +2.3% |
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.