Skip to content

ALCHEN: 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.

What changed

ALCHEN

BE 0780.932.944
NACE 86.951, Physiotherapy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€40,583
2024 · €46,990-€6,407
Equity
€183,127
2024 · €142,544+€40,583
Cash
€28,125
2024 · -+€28,125
Balance sheet total
€509,230
2024 · €514,396-€5,166

Largest movements

2024 to 2025
Assets
  • Current investments -€47,371

    no longer reported in 2025 (was €47,371)

  • Cash +€28,125

    new in 2025: €28,125

    mainly Current investments (+€47,371) and Net result for the year (+€40,583)

  • Tangible fixed assets +€11,658

    up €11,658 (+2.8%), from €422,344 to €434,002

    of which Land and buildings: +€42,028

Equity and liabilities
  • Profit (loss) carried forward +€40,583

    up €40,583 (+41.6%), from €97,544 to €138,127

  • Other debts -€29,058

    down €29,058 (-95.0%), from €30,573 to €1,516

  • Debts after one year -€15,028

    down €15,028 (-5.0%), from €303,473 to €288,445

Income statement
  • Gross operating margin -€9,752

    down €9,752 (-11.9%), from €82,165 to €72,413

  • Financial charges -€5,013

    down €5,013 (-37.6%), from €13,351 to €8,338

  • Depreciation +€1,215

    up €1,215 (+12.3%), from €9,878 to €11,093

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €46,990
Gross operating margin -€9,752
Depreciation -€1,215
Other operating charges -€146
Financial income -€0
Financial charges +€5,013
Taxes -€308
Result 2025 €40,583

Cash bridge derived

cash 2024 to 2025

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.

From operations +€17,106
Investment +€24,620
Financing -€13,600
Cash 2024 €0
Net result for the year +€40,583
Depreciation +€11,093
Receivables within one year -€1,684
Deferred charges and accrued income -€738
Trade debts +€422
Tax, wage and social debts -€3,514
Other debts -€29,058
Investment in fixed assets (net) -€22,751
Current investments +€47,371
Debts after one year -€15,028
Current portion of long-term debt +€1,428
Cash 2025 €28,125
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €514,396 €509,230 -€5,166 -1.0%
Fixed assets 21/28 €423,844 €435,502 +€11,658 +2.8%
Tangible fixed assets 22/27 €422,344 €434,002 +€11,658 +2.8%
Land and buildings 22 €391,122 €433,150 +€42,028 +10.7%
Furniture and vehicles 24 - €852 +€852
Assets under construction and advance payments 27 €31,222 - -€31,222
Financial fixed assets 28 €1,500 €1,500 = 0.0%
Current assets 29/58 €90,552 €73,727 -€16,824 -18.6%
Amounts receivable within one year 40/41 €43,181 €44,864 +€1,684 +3.9%
Trade receivables 40 €43,137 €44,190 +€1,053 +2.4%
Other amounts receivable 41 €44 €675 +€631 +1434.9%
Current investments 50/53 €47,371 - -€47,371
Cash at bank and in hand 54/58 - €28,125 +€28,125
Deferred charges and accrued income 490/1 - €738 +€738
Total equity and liabilities 10/49 €514,396 €509,230 -€5,166 -1.0%
Equity 10/15 €142,544 €183,127 +€40,583 +28.5%
Contributions 10/11 €45,000 €45,000 = 0.0%
Profit (loss) carried forward 14 €97,544 €138,127 +€40,583 +41.6%
Amounts payable 17/49 €371,852 €326,102 -€45,749 -12.3%
Amounts payable after more than one year 17 €303,473 €288,445 -€15,028 -5.0%
Financial debts 170/4 €303,473 €288,445 -€15,028 -5.0%
Amounts payable within one year 42/48 €68,379 €37,658 -€30,721 -44.9%
Current portion of amounts payable after more than one year 42 €14,590 €16,018 +€1,428 +9.8%
Trade debts 44 €7,498 €7,920 +€422 +5.6%
Suppliers 440/4 €7,498 €7,920 +€422 +5.6%
Taxes, remuneration and social security 45 €15,717 €12,203 -€3,514 -22.4%
Taxes 450/3 €15,717 €12,203 -€3,514 -22.4%
Other amounts payable 47/48 €30,573 €1,516 -€29,058 -95.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,878 €11,093 +€1,215 +12.3%
Other operating charges 640/8 €46 €192 +€146 +315.5%
Gross operating margin 9900 €82,165 €72,413 -€9,752 -11.9%
Operating profit (loss) 9901 €72,241 €61,129 -€11,113 -15.4%
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €13,351 €8,338 -€5,013 -37.6%
Recurring financial charges 65 €13,351 €8,338 -€5,013 -37.6%
Profit (loss) for the period before taxes 9903 €58,890 €52,791 -€6,099 -10.4%
Income taxes 67/77 €11,900 €12,208 +€308 +2.6%
Profit (loss) for the period 9904 €46,990 €40,583 -€6,407 -13.6%
Profit (loss) for the period to be appropriated 9905 €46,990 €40,583 -€6,407 -13.6%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.