ALCAPLAST: 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.
ALCAPLAST
Largest movements
- Tangible fixed assets -€57,357
down €57,357 (-4.6%), from €1.2m to €1.2m
of which Land and buildings: -€50,054
- Cash -€30,627
down €30,627 (-54.3%), from €56,374 to €25,748
mainly Debts after one year (-€90,000) and Trade debts (-€12,718)
- Debts after one year -€90,000
down €90,000 (-57.1%), from €157,500 to €67,500
- Reserves +€16,899
up €16,899 (+4.0%), from €424,159 to €441,058
- Staff costs -€6,631
no longer reported in 2025 (was €6,631)
- Depreciation -€3,147
down €3,147 (-5.3%), from €59,366 to €56,219
- Financial charges -€2,513
down €2,513 (-21.6%), from €11,608 to €9,095
of which Financial charges: -€3,395
- Other operating charges +€1,731
up €1,731 (+5.9%), from €29,480 to €31,211
- Taxes +€1,655
up €1,655 (+41.6%), from €3,978 to €5,633
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 | €1,374,134 | €1,286,598 | -€87,536 | -6.4% |
| Fixed assets | 21/28 | €1,240,683 | €1,183,317 | -€57,367 | -4.6% |
| Tangible fixed assets | 22/27 | €1,240,673 | €1,183,317 | -€57,357 | -4.6% |
| Land and buildings | 22 | €1,221,595 | €1,171,540 | -€50,054 | -4.1% |
| Plant, machinery and equipment | 23 | €17,941 | €11,776 | -€6,165 | -34.4% |
| Furniture and vehicles | 24 | €1,138 | - | -€1,138 | |
| Financial fixed assets | 28 | €10 | - | -€10 | |
| Current assets | 29/58 | €133,450 | €103,281 | -€30,169 | -22.6% |
| Stocks and contracts in progress | 3 | €31,844 | €37,773 | +€5,929 | +18.6% |
| Stocks | 30/36 | €31,844 | €37,773 | +€5,929 | +18.6% |
| Amounts receivable within one year | 40/41 | €39,895 | €35,246 | -€4,649 | -11.7% |
| Trade receivables | 40 | €29,873 | €29,873 | = | 0.0% |
| Other amounts receivable | 41 | €10,022 | €5,373 | -€4,649 | -46.4% |
| Cash at bank and in hand | 54/58 | €56,374 | €25,748 | -€30,627 | -54.3% |
| Deferred charges and accrued income | 490/1 | €5,336 | €4,514 | -€822 | -15.4% |
| Total equity and liabilities | 10/49 | €1,374,134 | €1,286,598 | -€87,536 | -6.4% |
| Equity | 10/15 | €1,079,493 | €1,096,392 | +€16,899 | +1.6% |
| Contributions | 10/11 | €655,334 | €655,334 | = | 0.0% |
| Reserves | 13 | €424,159 | €441,058 | +€16,899 | +4.0% |
| Distributable reserves | 133 | €424,159 | €441,058 | +€16,899 | +4.0% |
| Amounts payable | 17/49 | €294,641 | €190,206 | -€104,435 | -35.4% |
| Amounts payable after more than one year | 17 | €157,500 | €67,500 | -€90,000 | -57.1% |
| Financial debts | 170/4 | €157,500 | €67,500 | -€90,000 | -57.1% |
| Amounts payable within one year | 42/48 | €137,141 | €122,706 | -€14,435 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €90,000 | €90,000 | = | 0.0% |
| Trade debts | 44 | €43,328 | €30,611 | -€12,718 | -29.4% |
| Suppliers | 440/4 | €43,328 | €30,611 | -€12,718 | -29.4% |
| Taxes, remuneration and social security | 45 | €3,813 | €2,095 | -€1,717 | -45.0% |
| Taxes | 450/3 | €3,412 | €2,095 | -€1,317 | -38.6% |
| Remuneration and social security | 454/9 | €400 | - | -€400 | |
| Remuneration, social security and pensions | 62 | €6,631 | - | -€6,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,366 | €56,219 | -€3,147 | -5.3% |
| Other operating charges | 640/8 | €29,480 | €31,211 | +€1,731 | +5.9% |
| Gross operating margin | 9900 | €120,671 | €119,057 | -€1,613 | -1.3% |
| Operating profit (loss) | 9901 | €25,193 | €31,627 | +€6,434 | +25.5% |
| Financial charges | 65/66B | €11,608 | €9,095 | -€2,513 | -21.6% |
| Recurring financial charges | 65 | €11,608 | €8,213 | -€3,395 | -29.2% |
| Non-recurring financial charges | 66B | - | €882 | +€882 | |
| Profit (loss) for the period before taxes | 9903 | €13,585 | €22,532 | +€8,947 | +65.9% |
| Income taxes | 67/77 | €3,978 | €5,633 | +€1,655 | +41.6% |
| Profit (loss) for the period | 9904 | €9,608 | €16,899 | +€7,291 | +75.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,608 | €16,899 | +€7,291 | +75.9% |
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.