Alcam: 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.
Alcam
Largest movements
- Receivables within one year +€15,848
up €15,848 (+119.6%), from €13,253 to €29,101
of which Other amounts receivable: +€22,209
- Cash +€5,650
up €5,650 (+38.3%), from €14,750 to €20,400
mainly Net result for the year (+€18,201) and Other debts (+€3,013)
- Profit (loss) carried forward +€18,201
up €18,201 (+17.6%), from -€103,638 to -€85,437
- Other debts +€3,013
up €3,013 (+299.3%), from €1,007 to €4,020
- Gross operating margin +€5,086
up €5,086 (+22.7%), from €22,436 to €27,522
- Other operating charges -€1,742
down €1,742 (-63.6%), from €2,738 to €996
- Financial charges +€998
up €998 (+49.8%), from €2,004 to €3,002
- Taxes -€413
down €413 (-6.8%), from €6,061 to €5,649
- Financial income +€314
up €314 (+2980.9%), from €11 to €325
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 | €37,013 | €58,837 | +€21,824 | +59.0% |
| Fixed assets | 21/28 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €28,013 | €49,837 | +€21,824 | +77.9% |
| Amounts receivable within one year | 40/41 | €13,253 | €29,101 | +€15,848 | +119.6% |
| Trade receivables | 40 | €9,361 | €3,000 | -€6,361 | -68.0% |
| Other amounts receivable | 41 | €3,893 | €26,101 | +€22,209 | +570.5% |
| Cash at bank and in hand | 54/58 | €14,750 | €20,400 | +€5,650 | +38.3% |
| Deferred charges and accrued income | 490/1 | €11 | €336 | +€325 | +3083.9% |
| Total equity and liabilities | 10/49 | €37,013 | €58,837 | +€21,824 | +59.0% |
| Equity | 10/15 | €24,455 | €42,656 | +€18,201 | +74.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €28,093 | €28,093 | = | 0.0% |
| Distributable reserves | 133 | €28,093 | €28,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,638 | -€85,437 | +€18,201 | +17.6% |
| Amounts payable | 17/49 | €12,558 | €16,181 | +€3,623 | +28.9% |
| Amounts payable within one year | 42/48 | €12,558 | €16,181 | +€3,623 | +28.9% |
| Financial debts | 43 | €49 | €49 | = | 0.0% |
| Credit institutions | 430/8 | €49 | €49 | = | 0.0% |
| Trade debts | 44 | €819 | €1,173 | +€355 | +43.3% |
| Suppliers | 440/4 | €819 | €1,173 | +€355 | +43.3% |
| Taxes, remuneration and social security | 45 | €10,684 | €10,939 | +€255 | +2.4% |
| Taxes | 450/3 | €7,984 | €8,239 | +€255 | +3.2% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €1,007 | €4,020 | +€3,013 | +299.3% |
| Non-recurring operating income | 76A | - | €5,363 | +€5,363 | |
| Other operating charges | 640/8 | €2,738 | €996 | -€1,742 | -63.6% |
| Gross operating margin | 9900 | €22,436 | €27,522 | +€5,086 | +22.7% |
| Operating profit (loss) | 9901 | €19,698 | €26,526 | +€6,828 | +34.7% |
| Financial income | 75/76B | €11 | €325 | +€314 | +2980.9% |
| Recurring financial income | 75 | €11 | €325 | +€314 | +2980.9% |
| Financial charges | 65/66B | €2,004 | €3,002 | +€998 | +49.8% |
| Recurring financial charges | 65 | €2,004 | €3,002 | +€998 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €17,705 | €23,849 | +€6,144 | +34.7% |
| Income taxes | 67/77 | €6,061 | €5,649 | -€413 | -6.8% |
| Profit (loss) for the period | 9904 | €11,644 | €18,201 | +€6,557 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,644 | €18,201 | +€6,557 | +56.3% |
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 12 October 2026 via checked.be.