ALCACO: 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.
ALCACO
Largest movements
- Tangible fixed assets -€14,478
down €14,478 (-2.7%), from €537,714 to €523,236
- Cash +€6,808
up €6,808 (+289.9%), from €2,348 to €9,156
mainly Depreciation (+€14,478) and Accrued charges and deferred income (+€6,414)
- Debts after one year -€19,336
down €19,336 (-9.2%), from €209,086 to €189,750
- Accrued charges and deferred income +€6,414
up €6,414 (+25.5%), from €25,193 to €31,607
- Other operating charges -€2,384
down €2,384 (-69.1%), from €3,448 to €1,064
- Gross operating margin +€2,146
up €2,146 (+7.9%), from €27,041 to €29,187
- Financial charges -€1,342
down €1,342 (-12.0%), from €11,193 to €9,852
- Taxes +€577
new in 2025: €577
- Financial income +€520
up €520 (+1418.0%), from €37 to €557
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 | €546,164 | €536,656 | -€9,507 | -1.7% |
| Fixed assets | 21/28 | €537,714 | €523,236 | -€14,478 | -2.7% |
| Tangible fixed assets | 22/27 | €537,714 | €523,236 | -€14,478 | -2.7% |
| Land and buildings | 22 | €537,714 | €523,236 | -€14,478 | -2.7% |
| Current assets | 29/58 | €8,449 | €13,420 | +€4,971 | +58.8% |
| Amounts receivable within one year | 40/41 | €6,101 | €4,264 | -€1,838 | -30.1% |
| Trade receivables | 40 | €673 | €673 | = | 0.0% |
| Other amounts receivable | 41 | €5,428 | €3,590 | -€1,838 | -33.9% |
| Cash at bank and in hand | 54/58 | €2,348 | €9,156 | +€6,808 | +289.9% |
| Total equity and liabilities | 10/49 | €546,164 | €536,656 | -€9,507 | -1.7% |
| Equity | 10/15 | €197,686 | €201,459 | +€3,773 | +1.9% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €56,792 | €56,792 | = | 0.0% |
| Non-distributable reserves | 130/1 | €297 | €297 | = | 0.0% |
| Reserves not available under the articles | 1311 | €297 | €297 | = | 0.0% |
| Distributable reserves | 133 | €56,495 | €56,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,894 | €19,667 | +€3,773 | +23.7% |
| Amounts payable | 17/49 | €348,478 | €335,197 | -€13,280 | -3.8% |
| Amounts payable after more than one year | 17 | €209,086 | €189,750 | -€19,336 | -9.2% |
| Financial debts | 170/4 | €209,086 | €189,750 | -€19,336 | -9.2% |
| Amounts payable within one year | 42/48 | €114,198 | €113,840 | -€358 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €19,045 | €19,336 | +€291 | +1.5% |
| Trade debts | 44 | €243 | €243 | = | 0.0% |
| Suppliers | 440/4 | €243 | €243 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,794 | €2,145 | -€650 | -23.2% |
| Taxes | 450/3 | €2,794 | €2,145 | -€650 | -23.2% |
| Other amounts payable | 47/48 | €92,116 | €92,116 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €25,193 | €31,607 | +€6,414 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,478 | €14,478 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,448 | €1,064 | -€2,384 | -69.1% |
| Gross operating margin | 9900 | €27,041 | €29,187 | +€2,146 | +7.9% |
| Operating profit (loss) | 9901 | €9,115 | €13,644 | +€4,530 | +49.7% |
| Financial income | 75/76B | €37 | €557 | +€520 | +1418.0% |
| Recurring financial income | 75 | €37 | €557 | +€520 | +1418.0% |
| Financial charges | 65/66B | €11,193 | €9,852 | -€1,342 | -12.0% |
| Recurring financial charges | 65 | €11,193 | €9,852 | -€1,342 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,042 | €4,350 | +€6,392 | |
| Income taxes | 67/77 | - | €577 | +€577 | |
| Profit (loss) for the period | 9904 | -€2,042 | €3,773 | +€5,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,042 | €3,773 | +€5,815 |
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 11 October 2026 via checked.be.