ALCABEL: 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.
What changed
ALCABEL
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€16,514
2024 · -€10,650-€5,863
Equity
€1.6m
2024 · €1.6m-€16,514
Cash
€13,269
2024 · €49,683-€36,414
Balance sheet total
€3.0m
2024 · €3.1m-€41,020
Largest movements
Assets
- Cash -€36,414
down €36,414 (-73.3%), from €49,683 to €13,269
mainly Other debts (-€18,536) and Net result for the year (-€16,514)
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€17,868
down €17,868 (-100.0%), from €17,868 to €0
- Gross operating margin +€6,604
up €6,604 (+24.5%), from -€26,997 to -€20,393
- Taxes +€964
up €964, from -€964 to €0
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.
Result 2024
-€10,650
Gross operating margin
+€6,604
Depreciation
-€87
Other operating charges
-€40
Other operating items
+€50
Financial income
-€17,868
Financial charges
+€124
Taxes
-€964
Deferred taxes and other
+€6,318
Result 2025
-€16,514
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.
From operations
-€36,414
Investment
€0
Financing
€0
Cash 2024
€49,683
From operations (derived)
-€36,414
Net result for the year
-€16,514
Depreciation
+€679
Receivables within one year
+€4,171
Deferred charges and accrued income
-€244
Provisions
-€6,318
Trade debts
+€494
Tax, wage and social debts
-€147
Other debts
-€18,536
Cash 2025
€13,269
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,080,589 | €3,039,569 | -€41,020 | -1.3% |
| Fixed assets | 21/28 | €3,020,844 | €3,020,165 | -€679 | 0.0% |
| Tangible fixed assets | 22/27 | €52,742 | €52,063 | -€679 | -1.3% |
| Land and buildings | 22 | €51,112 | €51,112 | = | 0.0% |
| Plant, machinery and equipment | 23 | €544 | €94 | -€450 | -82.8% |
| Furniture and vehicles | 24 | €1,085 | €857 | -€229 | -21.1% |
| Financial fixed assets | 28 | €2,968,102 | €2,968,102 | = | 0.0% |
| Current assets | 29/58 | €59,745 | €19,404 | -€40,341 | -67.5% |
| Amounts receivable within one year | 40/41 | €6,288 | €2,117 | -€4,171 | -66.3% |
| Trade receivables | 40 | - | €1,272 | +€1,272 | |
| Other amounts receivable | 41 | €6,288 | €844 | -€5,443 | -86.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €49,683 | €13,269 | -€36,414 | -73.3% |
| Deferred charges and accrued income | 490/1 | €3,774 | €4,018 | +€244 | +6.5% |
| Total equity and liabilities | 10/49 | €3,080,589 | €3,039,569 | -€41,020 | -1.3% |
| Equity | 10/15 | €1,583,661 | €1,567,147 | -€16,514 | -1.0% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Capital | 10 | €148,736 | €148,736 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €1,434,925 | €1,415,972 | -€18,953 | -1.3% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,953 | €0 | -€18,953 | -100.0% |
| Distributable reserves | 133 | €1,401,099 | €1,401,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €2,439 | +€2,439 | |
| Provisions and deferred taxes | 16 | €6,318 | €0 | -€6,318 | -100.0% |
| Deferred taxes | 168 | €6,318 | €0 | -€6,318 | -100.0% |
| Amounts payable | 17/49 | €1,490,611 | €1,472,422 | -€18,189 | -1.2% |
| Amounts payable within one year | 42/48 | €1,490,611 | €1,472,422 | -€18,189 | -1.2% |
| Trade debts | 44 | €7,135 | €7,630 | +€494 | +6.9% |
| Suppliers | 440/4 | €7,135 | €7,630 | +€494 | +6.9% |
| Taxes, remuneration and social security | 45 | €147 | €0 | -€147 | -100.0% |
| Taxes | 450/3 | €147 | €0 | -€147 | -100.0% |
| Other amounts payable | 47/48 | €1,483,328 | €1,464,792 | -€18,536 | -1.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €679 | +€87 | +14.6% |
| Other operating charges | 640/8 | €1,309 | €1,348 | +€40 | +3.0% |
| Non-recurring operating charges | 66A | €50 | €0 | -€50 | -100.0% |
| Gross operating margin | 9900 | -€26,997 | -€20,393 | +€6,604 | +24.5% |
| Operating profit (loss) | 9901 | -€28,948 | -€22,420 | +€6,527 | +22.5% |
| Financial income | 75/76B | €17,868 | €0 | -€17,868 | -100.0% |
| Recurring financial income | 75 | €17,868 | €0 | -€17,868 | -100.0% |
| Financial charges | 65/66B | €535 | €411 | -€124 | -23.1% |
| Recurring financial charges | 65 | €535 | €411 | -€124 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,614 | -€22,832 | -€11,217 | -96.6% |
| Transfer from deferred taxes | 780 | - | €6,318 | +€6,318 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | -€964 | €0 | +€964 | |
| Profit (loss) for the period | 9904 | -€10,650 | -€16,514 | -€5,863 | -55.1% |
| Transfer from tax-exempt reserves | 789 | - | €18,953 | +€18,953 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,650 | €2,439 | +€13,089 |
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 10 October 2026 via checked.be.