ALCAHEST: 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.
ALCAHEST
Largest movements
- Cash -€8,659
down €8,659 (-71.0%), from €12,199 to €3,540
mainly Other debts (-€25,049) and Receivables within one year (-€2,867)
- Tangible fixed assets -€2,958
down €2,958 (-25.2%), from €11,739 to €8,781
of which Other tangible fixed assets: -€1,500
- Receivables within one year +€2,867
up €2,867 (+37.2%), from €7,698 to €10,565
- Other debts -€25,049
down €25,049 (-42.5%), from €58,903 to €33,854
- Profit (loss) carried forward +€12,990
up €12,990 (+24.7%), from -€52,653 to -€39,663
- Tax, wage and social debts +€3,407
up €3,407 (+44.5%), from €7,659 to €11,066
- Gross operating margin -€8,942
down €8,942 (-26.0%), from €34,457 to €25,515
- Taxes +€1,695
up €1,695 (+25.8%), from €6,569 to €8,264
- Other operating charges -€722
down €722 (-41.3%), from €1,747 to €1,025
- Depreciation +€358
up €358 (+13.8%), from €2,600 to €2,958
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 | €32,559 | €23,857 | -€8,702 | -26.7% |
| Fixed assets | 21/28 | €11,739 | €8,781 | -€2,958 | -25.2% |
| Tangible fixed assets | 22/27 | €11,739 | €8,781 | -€2,958 | -25.2% |
| Furniture and vehicles | 24 | €5,739 | €4,281 | -€1,458 | -25.4% |
| Other tangible fixed assets | 26 | €6,000 | €4,500 | -€1,500 | -25.0% |
| Current assets | 29/58 | €20,820 | €15,076 | -€5,744 | -27.6% |
| Amounts receivable within one year | 40/41 | €7,698 | €10,565 | +€2,867 | +37.2% |
| Trade receivables | 40 | €7,698 | €10,565 | +€2,867 | +37.2% |
| Cash at bank and in hand | 54/58 | €12,199 | €3,540 | -€8,659 | -71.0% |
| Deferred charges and accrued income | 490/1 | €923 | €971 | +€48 | +5.2% |
| Total equity and liabilities | 10/49 | €32,559 | €23,857 | -€8,702 | -26.7% |
| Equity | 10/15 | -€34,053 | -€21,063 | +€12,990 | +38.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,653 | -€39,663 | +€12,990 | +24.7% |
| Amounts payable | 17/49 | €66,612 | €44,919 | -€21,692 | -32.6% |
| Amounts payable within one year | 42/48 | €66,612 | €44,919 | -€21,692 | -32.6% |
| Trade debts | 44 | €50 | - | -€50 | |
| Suppliers | 440/4 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €7,659 | €11,066 | +€3,407 | +44.5% |
| Taxes | 450/3 | €7,659 | €11,066 | +€3,407 | +44.5% |
| Other amounts payable | 47/48 | €58,903 | €33,854 | -€25,049 | -42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,600 | €2,958 | +€358 | +13.8% |
| Other operating charges | 640/8 | €1,747 | €1,025 | -€722 | -41.3% |
| Gross operating margin | 9900 | €34,457 | €25,515 | -€8,942 | -26.0% |
| Operating profit (loss) | 9901 | €30,110 | €21,532 | -€8,578 | -28.5% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €490 | €295 | -€196 | -39.9% |
| Recurring financial charges | 65 | €490 | €295 | -€196 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €29,620 | €21,254 | -€8,366 | -28.2% |
| Income taxes | 67/77 | €6,569 | €8,264 | +€1,695 | +25.8% |
| Profit (loss) for the period | 9904 | €23,051 | €12,990 | -€10,061 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,051 | €12,990 | -€10,061 | -43.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.