Alcedo Atthis: 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.
Alcedo Atthis
Largest movements
- Cash +€26,221
up €26,221 (+72.9%), from €35,958 to €62,179
mainly Other debts (+€48,855) and Net result for the year (+€36,636)
- Tangible fixed assets +€19,143
up €19,143 (+1,853%), from €1,033 to €20,176
of which Plant, machinery and equipment: +€19,596
- Receivables within one year -€3,369
down €3,369 (-56.1%), from €6,002 to €2,633
of which Trade receivables: -€3,369
- Other debts +€48,855
up €48,855 (+3,487%), from €1,401 to €50,256
- Profit (loss) carried forward -€13,364
down €13,364 (-40.4%), from €33,072 to €19,708
- Tax, wage and social debts +€6,079
up €6,079 (+84.5%), from €7,191 to €13,269
- Gross operating margin +€32,654
up €32,654 (+213%), from €15,308 to €47,962
- Taxes +€7,159
up €7,159 (+212%), from €3,370 to €10,529
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 | €43,712 | €85,473 | +€41,760 | +95.5% |
| Formation expenses | 20 | €500 | €322 | -€178 | -35.6% |
| Fixed assets | 21/28 | €1,033 | €20,176 | +€19,143 | +1,853% |
| Tangible fixed assets | 22/27 | €1,033 | €20,176 | +€19,143 | +1,853% |
| Plant, machinery and equipment | 23 | - | €19,596 | +€19,596 | |
| Furniture and vehicles | 24 | €1,033 | €580 | -€453 | -43.9% |
| Current assets | 29/58 | €42,179 | €64,974 | +€22,796 | +54.0% |
| Amounts receivable within one year | 40/41 | €6,002 | €2,633 | -€3,369 | -56.1% |
| Trade receivables | 40 | €6,002 | €2,633 | -€3,369 | -56.1% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €35,958 | €62,179 | +€26,221 | +72.9% |
| Deferred charges and accrued income | 490/1 | €219 | €163 | -€57 | -25.8% |
| Total equity and liabilities | 10/49 | €43,712 | €85,473 | +€41,760 | +95.5% |
| Equity | 10/15 | €34,572 | €21,208 | -€13,364 | -38.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,072 | €19,708 | -€13,364 | -40.4% |
| Amounts payable | 17/49 | €9,140 | €64,265 | +€55,125 | +603% |
| Amounts payable within one year | 42/48 | €9,140 | €64,265 | +€55,125 | +603% |
| Trade debts | 44 | €548 | €740 | +€191 | +34.9% |
| Suppliers | 440/4 | €548 | €740 | +€191 | +34.9% |
| Taxes, remuneration and social security | 45 | €7,191 | €13,269 | +€6,079 | +84.5% |
| Taxes | 450/3 | €7,191 | €13,269 | +€6,079 | +84.5% |
| Other amounts payable | 47/48 | €1,401 | €50,256 | +€48,855 | +3,487% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €505 | €685 | +€180 | +35.7% |
| Other operating charges | 640/8 | €405 | - | -€405 | |
| Gross operating margin | 9900 | €15,308 | €47,962 | +€32,654 | +213% |
| Operating profit (loss) | 9901 | €14,398 | €47,277 | +€32,879 | +228% |
| Financial charges | 65/66B | €119 | €113 | -€7 | -5.8% |
| Recurring financial charges | 65 | €119 | €113 | -€7 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €14,279 | €47,165 | +€32,886 | +230% |
| Income taxes | 67/77 | €3,370 | €10,529 | +€7,159 | +212% |
| Profit (loss) for the period | 9904 | €10,910 | €36,636 | +€25,726 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €10,910 | €36,636 | +€25,726 | +236% |
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.