ALCA MALAU: 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 MALAU
Largest movements
- Receivables within one year -€16,030
down €16,030 (-37.3%), from €42,944 to €26,913
of which Trade receivables: -€15,260
- Cash -€12,003
down €12,003 (-23.1%), from €51,904 to €39,901
mainly Other debts (-€34,369) and Net result for the year (-€1,129)
- Tangible fixed assets -€2,060
down €2,060 (-12.9%), from €15,915 to €13,855
of which Land and buildings: -€1,691
- Other debts -€34,369
down €34,369 (-21.6%), from €158,870 to €124,501
- Trade debts +€3,749
up €3,749 (+109.8%), from €3,416 to €7,165
- Revaluation surpluses -€1,691
down €1,691 (-11.1%), from €15,256 to €13,565
- Reserves +€1,691
up €1,691 (+4.8%), from €35,462 to €37,153
- Gross operating margin +€32,913
up €32,913, from -€31,061 to €1,853
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 | €115,048 | €84,202 | -€30,846 | -26.8% |
| Fixed assets | 21/28 | €18,030 | €15,970 | -€2,060 | -11.4% |
| Tangible fixed assets | 22/27 | €15,915 | €13,855 | -€2,060 | -12.9% |
| Land and buildings | 22 | €15,256 | €13,565 | -€1,691 | -11.1% |
| Plant, machinery and equipment | 23 | €659 | €290 | -€369 | -56.0% |
| Financial fixed assets | 28 | €2,115 | €2,115 | = | 0.0% |
| Current assets | 29/58 | €97,018 | €68,232 | -€28,786 | -29.7% |
| Amounts receivable within one year | 40/41 | €42,944 | €26,913 | -€16,030 | -37.3% |
| Trade receivables | 40 | €42,173 | €26,913 | -€15,260 | -36.2% |
| Other amounts receivable | 41 | €771 | - | -€771 | |
| Cash at bank and in hand | 54/58 | €51,904 | €39,901 | -€12,003 | -23.1% |
| Deferred charges and accrued income | 490/1 | €2,170 | €1,418 | -€753 | -34.7% |
| Total equity and liabilities | 10/49 | €115,048 | €84,202 | -€30,846 | -26.8% |
| Equity | 10/15 | -€47,622 | -€48,752 | -€1,129 | -2.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €15,256 | €13,565 | -€1,691 | -11.1% |
| Reserves | 13 | €35,462 | €37,153 | +€1,691 | +4.8% |
| Distributable reserves | 133 | €35,462 | €37,153 | +€1,691 | +4.8% |
| Profit (loss) carried forward | 14 | -€116,941 | -€118,070 | -€1,129 | -1.0% |
| Amounts payable | 17/49 | €162,670 | €132,954 | -€29,717 | -18.3% |
| Amounts payable within one year | 42/48 | €162,286 | €132,554 | -€29,732 | -18.3% |
| Trade debts | 44 | €3,416 | €7,165 | +€3,749 | +109.8% |
| Suppliers | 440/4 | €3,416 | €7,165 | +€3,749 | +109.8% |
| Taxes, remuneration and social security | 45 | - | €887 | +€887 | |
| Taxes | 450/3 | - | €887 | +€887 | |
| Other amounts payable | 47/48 | €158,870 | €124,501 | -€34,369 | -21.6% |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,058 | €2,060 | +€2 | +0.1% |
| Other operating charges | 640/8 | €644 | €671 | +€27 | +4.2% |
| Gross operating margin | 9900 | -€31,061 | €1,853 | +€32,913 | |
| Operating profit (loss) | 9901 | -€33,762 | -€878 | +€32,885 | +97.4% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €186 | €251 | +€65 | +35.2% |
| Recurring financial charges | 65 | €186 | €251 | +€65 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,914 | -€1,129 | +€32,785 | +96.7% |
| Profit (loss) for the period | 9904 | -€33,914 | -€1,129 | +€32,785 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,914 | -€1,129 | +€32,785 | +96.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.