ALCENTIS: what changed
Two fiscal 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.
ALCENTIS
Largest movements
- Receivables within one year +€19,113
up €19,113 (+158.8%), from €12,033 to €31,146
of which Trade receivables: +€18,407
- Cash +€7,722
up €7,722 (+189.9%), from €4,067 to €11,790
mainly Net result for the year (+€31,687) and Depreciation (+€2,950)
- Deferred charges and accrued income -€514
no longer reported in 2025 (was €514)
- Profit (loss) carried forward +€31,687
up €31,687, from -€9,362 to €22,326
- Tax, wage and social debts -€2,160
down €2,160 (-20.7%), from €10,418 to €8,258
of which Remuneration and social security: -€5,765
- Other debts -€1,818
no longer reported in 2025 (was €1,818)
- Trade debts -€1,294
down €1,294 (-12.0%), from €10,814 to €9,519
- Gross operating margin +€64,040
up €64,040, from -€25,966 to €38,074
- Taxes +€1,524
up €1,524, from -€249 to €1,275
- Depreciation -€1,414
down €1,414 (-32.4%), from €4,364 to €2,950
- Financial charges +€446
up €446 (+33.7%), from €1,326 to €1,772
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 | €21,305 | €47,603 | +€26,298 | +123.4% |
| Fixed assets | 21/28 | €4,691 | €4,668 | -€23 | -0.5% |
| Tangible fixed assets | 22/27 | €4,641 | €4,618 | -€23 | -0.5% |
| Plant, machinery and equipment | 23 | €1,167 | €95 | -€1,072 | -91.9% |
| Furniture and vehicles | 24 | €3,473 | €4,523 | +€1,049 | +30.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €16,615 | €42,936 | +€26,321 | +158.4% |
| Amounts receivable within one year | 40/41 | €12,033 | €31,146 | +€19,113 | +158.8% |
| Trade receivables | 40 | €12,033 | €30,440 | +€18,407 | +153.0% |
| Other amounts receivable | 41 | - | €706 | +€706 | |
| Cash at bank and in hand | 54/58 | €4,067 | €11,790 | +€7,722 | +189.9% |
| Deferred charges and accrued income | 490/1 | €514 | - | -€514 | |
| Total equity and liabilities | 10/49 | €21,305 | €47,603 | +€26,298 | +123.4% |
| Equity | 10/15 | -€1,744 | €29,826 | +€31,570 | |
| Contributions | 10/11 | €7,617 | €7,500 | -€117 | -1.5% |
| Capital | 10 | €117 | - | -€117 | |
| Issued capital | 100 | €117 | - | -€117 | |
| Outside capital | 11 | €7,500 | €7,500 | = | 0.0% |
| Other | 1109/19 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,362 | €22,326 | +€31,687 | |
| Amounts payable | 17/49 | €23,050 | €17,778 | -€5,272 | -22.9% |
| Amounts payable within one year | 42/48 | €23,050 | €17,778 | -€5,272 | -22.9% |
| Trade debts | 44 | €10,814 | €9,519 | -€1,294 | -12.0% |
| Suppliers | 440/4 | €10,814 | €9,519 | -€1,294 | -12.0% |
| Taxes, remuneration and social security | 45 | €10,418 | €8,258 | -€2,160 | -20.7% |
| Taxes | 450/3 | €2,066 | €5,671 | +€3,605 | +174.5% |
| Remuneration and social security | 454/9 | €8,353 | €2,587 | -€5,765 | -69.0% |
| Other amounts payable | 47/48 | €1,818 | - | -€1,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,364 | €2,950 | -€1,414 | -32.4% |
| Other operating charges | 640/8 | €433 | €400 | -€34 | -7.8% |
| Gross operating margin | 9900 | -€25,966 | €38,074 | +€64,040 | |
| Operating profit (loss) | 9901 | -€30,763 | €34,724 | +€65,488 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €1,326 | €1,772 | +€446 | +33.7% |
| Recurring financial charges | 65 | €1,326 | €1,772 | +€446 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,089 | €32,962 | +€65,051 | |
| Income taxes | 67/77 | -€249 | €1,275 | +€1,524 | |
| Profit (loss) for the period | 9904 | -€31,840 | €31,687 | +€63,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,840 | €31,687 | +€63,528 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.