Alcira: 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.
Alcira
Largest movements
- Receivables within one year +€32,536
up €32,536 (+86.4%), from €37,641 to €70,177
- Tangible fixed assets -€32,508
down €32,508 (-27.5%), from €118,036 to €85,528
of which Leasing and similar rights: -€23,480
- Cash +€3,827
up €3,827 (+5.7%), from €67,632 to €71,459
mainly Depreciation (+€32,508) and Trade debts (+€17,684)
- Debts after one year -€20,334
down €20,334 (-33.9%), from €60,070 to €39,736
- Trade debts +€17,684
up €17,684 (+23.6%), from €74,853 to €92,537
- Tax, wage and social debts +€7,249
up €7,249 (+81.0%), from €8,945 to €16,194
of which Taxes: +€5,307
- Reserves +€3,803
up €3,803 (+32.6%), from €11,668 to €15,471
- Other debts -€3,752
down €3,752 (-8.3%), from €45,322 to €41,570
- Staff costs +€7,546
new in 2025: €7,546
- Depreciation +€2,011
up €2,011 (+6.6%), from €30,497 to €32,508
- Financial charges +€1,624
up €1,624 (+30.1%), from €5,393 to €7,018
- Gross operating margin +€1,029
up €1,029 (+1.8%), from €56,088 to €57,117
- Taxes -€585
down €585 (-13.2%), from €4,444 to €3,859
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 | €223,309 | €228,843 | +€5,534 | +2.5% |
| Fixed assets | 21/28 | €118,036 | €85,528 | -€32,508 | -27.5% |
| Tangible fixed assets | 22/27 | €118,036 | €85,528 | -€32,508 | -27.5% |
| Plant, machinery and equipment | 23 | €10,917 | €7,160 | -€3,757 | -34.4% |
| Furniture and vehicles | 24 | €11,403 | €6,131 | -€5,271 | -46.2% |
| Leasing and similar rights | 25 | €95,716 | €72,236 | -€23,480 | -24.5% |
| Current assets | 29/58 | €105,273 | €143,315 | +€38,042 | +36.1% |
| Amounts receivable within one year | 40/41 | €37,641 | €70,177 | +€32,536 | +86.4% |
| Trade receivables | 40 | €37,641 | €70,177 | +€32,536 | +86.4% |
| Cash at bank and in hand | 54/58 | €67,632 | €71,459 | +€3,827 | +5.7% |
| Deferred charges and accrued income | 490/1 | - | €1,679 | +€1,679 | |
| Total equity and liabilities | 10/49 | €223,309 | €228,843 | +€5,534 | +2.5% |
| Equity | 10/15 | €14,668 | €18,471 | +€3,803 | +25.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,668 | €15,471 | +€3,803 | +32.6% |
| Distributable reserves | 133 | €11,668 | €15,471 | +€3,803 | +32.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €208,641 | €210,371 | +€1,731 | +0.8% |
| Amounts payable after more than one year | 17 | €60,070 | €39,736 | -€20,334 | -33.9% |
| Financial debts | 170/4 | €60,070 | €39,736 | -€20,334 | -33.9% |
| Amounts payable within one year | 42/48 | €148,570 | €170,635 | +€22,065 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €19,451 | €20,334 | +€883 | +4.5% |
| Trade debts | 44 | €74,853 | €92,537 | +€17,684 | +23.6% |
| Suppliers | 440/4 | €74,853 | €92,537 | +€17,684 | +23.6% |
| Taxes, remuneration and social security | 45 | €8,945 | €16,194 | +€7,249 | +81.0% |
| Taxes | 450/3 | €8,945 | €14,252 | +€5,307 | +59.3% |
| Remuneration and social security | 454/9 | - | €1,941 | +€1,941 | |
| Other amounts payable | 47/48 | €45,322 | €41,570 | -€3,752 | -8.3% |
| Remuneration, social security and pensions | 62 | - | €7,546 | +€7,546 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,497 | €32,508 | +€2,011 | +6.6% |
| Other operating charges | 640/8 | €2,412 | €2,383 | -€30 | -1.2% |
| Gross operating margin | 9900 | €56,088 | €57,117 | +€1,029 | +1.8% |
| Operating profit (loss) | 9901 | €23,179 | €14,680 | -€8,498 | -36.7% |
| Financial income | 75/76B | €45 | €0 | -€45 | -100% |
| Recurring financial income | 75 | €45 | €0 | -€45 | -100% |
| Financial charges | 65/66B | €5,393 | €7,018 | +€1,624 | +30.1% |
| Recurring financial charges | 65 | €5,393 | €7,018 | +€1,624 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €17,830 | €7,663 | -€10,167 | -57.0% |
| Income taxes | 67/77 | €4,444 | €3,859 | -€585 | -13.2% |
| Profit (loss) for the period | 9904 | €13,386 | €3,803 | -€9,583 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,386 | €3,803 | -€9,583 | -71.6% |
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 17 October 2026 via checked.be.