ALCA 10: 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.
ALCA 10
Largest movements
- Tangible fixed assets -€6,800
down €6,800 (-4.7%), from €145,067 to €138,267
- Cash +€4,710
up €4,710 (+63.9%), from €7,374 to €12,084
mainly Net result for the year (+€9,767) and Depreciation (+€6,800)
- Debts after one year -€10,839
down €10,839 (-8.6%), from €126,545 to €115,706
- Profit (loss) carried forward +€9,767
up €9,767 (+99.8%), from €9,782 to €19,549
- Taxes -€1,492
down €1,492 (-37.9%), from €3,935 to €2,443
- Other operating charges +€856
new in 2025: €856
- Gross operating margin -€400
down €400 (-1.8%), from €22,314 to €21,914
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 | €152,441 | €151,299 | -€1,143 | -0.7% |
| Fixed assets | 21/28 | €145,067 | €138,267 | -€6,800 | -4.7% |
| Tangible fixed assets | 22/27 | €145,067 | €138,267 | -€6,800 | -4.7% |
| Land and buildings | 22 | €145,067 | €138,267 | -€6,800 | -4.7% |
| Current assets | 29/58 | €7,374 | €13,032 | +€5,657 | +76.7% |
| Amounts receivable within one year | 40/41 | - | €948 | +€948 | |
| Other amounts receivable | 41 | - | €948 | +€948 | |
| Cash at bank and in hand | 54/58 | €7,374 | €12,084 | +€4,710 | +63.9% |
| Total equity and liabilities | 10/49 | €152,441 | €151,299 | -€1,143 | -0.7% |
| Equity | 10/15 | €12,782 | €22,549 | +€9,767 | +76.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,782 | €19,549 | +€9,767 | +99.8% |
| Amounts payable | 17/49 | €139,659 | €128,749 | -€10,909 | -7.8% |
| Amounts payable after more than one year | 17 | €126,545 | €115,706 | -€10,839 | -8.6% |
| Financial debts | 170/4 | €126,545 | €115,706 | -€10,839 | -8.6% |
| Amounts payable within one year | 42/48 | €11,113 | €11,043 | -€70 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €10,678 | €10,839 | +€161 | +1.5% |
| Trade debts | 44 | - | €204 | +€204 | |
| Suppliers | 440/4 | - | €204 | +€204 | |
| Taxes, remuneration and social security | 45 | €435 | - | -€435 | |
| Taxes | 450/3 | €435 | - | -€435 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,800 | €6,800 | = | 0.0% |
| Other operating charges | 640/8 | - | €856 | +€856 | |
| Gross operating margin | 9900 | €22,314 | €21,914 | -€400 | -1.8% |
| Operating profit (loss) | 9901 | €15,514 | €14,258 | -€1,256 | -8.1% |
| Financial charges | 65/66B | €2,209 | €2,048 | -€161 | -7.3% |
| Recurring financial charges | 65 | €2,209 | €2,048 | -€161 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €13,305 | €12,210 | -€1,095 | -8.2% |
| Income taxes | 67/77 | €3,935 | €2,443 | -€1,492 | -37.9% |
| Profit (loss) for the period | 9904 | €9,369 | €9,767 | +€398 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,369 | €9,767 | +€398 | +4.2% |
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 7 October 2026 via checked.be.