Alcatraz: 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.
Alcatraz
Largest movements
- Receivables after one year +€270,631
new in 2025: €270,631
- Current investments +€85,000
new in 2025: €85,000
- Cash -€25,680
down €25,680 (-46.3%), from €55,458 to €29,779
mainly Receivables after one year (-€270,631) and Tax, wage and social debts (-€89,086)
- Reserves +€325,383
up €325,383 (+54.8%), from €593,814 to €919,197
- Trade debts +€192,705
up €192,705 (+2,929%), from €6,579 to €199,283
- Tax, wage and social debts -€89,086
down €89,086 (-83.0%), from €107,281 to €18,195
- Debts after one year -€72,500
down €72,500 (-66.3%), from €109,401 to €36,900
- Other debts -€40,689
no longer reported in 2025 (was €40,689)
- Financial income +€363,136
up €363,136 (+1,814,772%), from €20 to €363,156
- Gross operating margin -€164,083
down €164,083 (-92.8%), from €176,906 to €12,822
- Taxes -€18,225
down €18,225 (-33.9%), from €53,690 to €35,465
- Depreciation +€5,184
up €5,184 (+88.9%), from €5,830 to €11,013
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.
Derived cash bridge
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 | €940,764 | €1,258,276 | +€317,512 | +33.8% |
| Fixed assets | 21/28 | €586,427 | €579,646 | -€6,780 | -1.2% |
| Tangible fixed assets | 22/27 | €36,427 | €29,646 | -€6,780 | -18.6% |
| Plant, machinery and equipment | 23 | €10,222 | €9,491 | -€731 | -7.2% |
| Furniture and vehicles | 24 | €26,205 | €20,156 | -€6,049 | -23.1% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €354,337 | €678,629 | +€324,292 | +91.5% |
| Amounts receivable after more than one year | 29 | - | €270,631 | +€270,631 | |
| Other amounts receivable | 291 | - | €270,631 | +€270,631 | |
| Amounts receivable within one year | 40/41 | €298,568 | €292,881 | -€5,687 | -1.9% |
| Trade receivables | 40 | €5,484 | €201,498 | +€196,014 | +3,574% |
| Other amounts receivable | 41 | €293,084 | €91,383 | -€201,701 | -68.8% |
| Current investments | 50/53 | - | €85,000 | +€85,000 | |
| Cash at bank and in hand | 54/58 | €55,458 | €29,779 | -€25,680 | -46.3% |
| Deferred charges and accrued income | 490/1 | €310 | €339 | +€29 | +9.3% |
| Total equity and liabilities | 10/49 | €940,764 | €1,258,276 | +€317,512 | +33.8% |
| Equity | 10/15 | €606,014 | €931,397 | +€325,383 | +53.7% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €593,814 | €919,197 | +€325,383 | +54.8% |
| Distributable reserves | 133 | €593,814 | €919,197 | +€325,383 | +54.8% |
| Amounts payable | 17/49 | €334,750 | €326,879 | -€7,871 | -2.4% |
| Amounts payable after more than one year | 17 | €109,401 | €36,900 | -€72,500 | -66.3% |
| Financial debts | 170/4 | €109,401 | €36,900 | -€72,500 | -66.3% |
| Amounts payable within one year | 42/48 | €225,349 | €289,978 | +€64,629 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €70,801 | €72,500 | +€1,700 | +2.4% |
| Trade debts | 44 | €6,579 | €199,283 | +€192,705 | +2,929% |
| Suppliers | 440/4 | €6,579 | €199,283 | +€192,705 | +2,929% |
| Taxes, remuneration and social security | 45 | €107,281 | €18,195 | -€89,086 | -83.0% |
| Taxes | 450/3 | €107,281 | €18,195 | -€89,086 | -83.0% |
| Other amounts payable | 47/48 | €40,689 | - | -€40,689 | |
| Non-recurring operating income | 76A | €8,393 | - | -€8,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,830 | €11,013 | +€5,184 | +88.9% |
| Other operating charges | 640/8 | €238 | €126 | -€112 | -47.0% |
| Gross operating margin | 9900 | €176,906 | €12,822 | -€164,083 | -92.8% |
| Operating profit (loss) | 9901 | €170,838 | €1,683 | -€169,155 | -99.0% |
| Financial income | 75/76B | €20 | €363,156 | +€363,136 | +1,814,772% |
| Recurring financial income | 75 | €20 | €363,156 | +€363,136 | +1,814,772% |
| Financial charges | 65/66B | €5,352 | €3,991 | -€1,361 | -25.4% |
| Recurring financial charges | 65 | €5,352 | €3,991 | -€1,361 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €165,506 | €360,848 | +€195,342 | +118% |
| Income taxes | 67/77 | €53,690 | €35,465 | -€18,225 | -33.9% |
| Profit (loss) for the period | 9904 | €111,816 | €325,383 | +€213,567 | +191% |
| Profit (loss) for the period to be appropriated | 9905 | €111,816 | €325,383 | +€213,567 | +191% |
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 15 October 2026 via checked.be.