ALCIS: 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.
ALCIS
Largest movements
- Receivables within one year +€136,947
up €136,947 (+79.7%), from €171,902 to €308,849
of which Trade receivables: +€127,652
- Cash -€69,747
down €69,747 (-59.7%), from €116,912 to €47,164
mainly Receivables within one year (-€136,947) and Tax, wage and social debts (-€6,279)
- Reserves +€46,871
up €46,871 (+4.3%), from €1.1m to €1.1m
of which Distributable reserves: +€46,871
- Advances received +€31,300
up €31,300 (+15.7%), from €200,000 to €231,300
- Gross operating margin -€111,251
down €111,251 (-67.3%), from €165,279 to €54,027
- Taxes -€32,162
down €32,162 (-49.2%), from €65,367 to €33,205
- Financial income -€14,464
down €14,464 (-35.0%), from €41,307 to €26,843
of which Non-recurring financial income: -€9,000
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 | €1,441,541 | €1,509,957 | +€68,416 | +4.7% |
| Fixed assets | 21/28 | €305,648 | €305,648 | = | 0.0% |
| Tangible fixed assets | 22/27 | €25,148 | €25,148 | = | 0.0% |
| Plant, machinery and equipment | 23 | €25,148 | €25,148 | = | 0.0% |
| Financial fixed assets | 28 | €280,500 | €280,500 | = | 0.0% |
| Current assets | 29/58 | €1,135,894 | €1,204,310 | +€68,416 | +6.0% |
| Amounts receivable after more than one year | 29 | €346,000 | €346,000 | = | 0.0% |
| Other amounts receivable | 291 | €346,000 | €346,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €171,902 | €308,849 | +€136,947 | +79.7% |
| Trade receivables | 40 | €154,317 | €281,969 | +€127,652 | +82.7% |
| Other amounts receivable | 41 | €17,585 | €26,880 | +€9,295 | +52.9% |
| Current investments | 50/53 | €499,649 | €499,649 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €116,912 | €47,164 | -€69,747 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,432 | €2,647 | +€1,216 | +84.9% |
| Total equity and liabilities | 10/49 | €1,441,541 | €1,509,957 | +€68,416 | +4.7% |
| Equity | 10/15 | €1,098,805 | €1,143,816 | +€45,011 | +4.1% |
| Contributions | 10/11 | €14,260 | €12,400 | -€1,860 | -13.0% |
| Reserves | 13 | €1,084,373 | €1,131,243 | +€46,871 | +4.3% |
| Tax-exempt reserves | 132 | €743 | €743 | = | 0.0% |
| Distributable reserves | 133 | €1,083,629 | €1,130,500 | +€46,871 | +4.3% |
| Profit (loss) carried forward | 14 | €172 | €172 | = | 0.0% |
| Amounts payable | 17/49 | €342,736 | €366,142 | +€23,405 | +6.8% |
| Amounts payable within one year | 42/48 | €342,736 | €365,850 | +€23,114 | +6.7% |
| Trade debts | 44 | €20,700 | €18,793 | -€1,907 | -9.2% |
| Suppliers | 440/4 | €20,700 | €18,793 | -€1,907 | -9.2% |
| Advances received on contracts in progress | 46 | €200,000 | €231,300 | +€31,300 | +15.7% |
| Taxes, remuneration and social security | 45 | €52,036 | €45,757 | -€6,279 | -12.1% |
| Taxes | 450/3 | €52,036 | €45,757 | -€6,279 | -12.1% |
| Other amounts payable | 47/48 | €70,000 | €70,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €291 | +€291 | |
| Non-recurring operating income | 76A | €800 | - | -€800 | |
| Other operating charges | 640/8 | €1,221 | €1,039 | -€182 | -14.9% |
| Gross operating margin | 9900 | €165,279 | €54,027 | -€111,251 | -67.3% |
| Operating profit (loss) | 9901 | €164,057 | €52,988 | -€111,069 | -67.7% |
| Financial income | 75/76B | €41,307 | €26,843 | -€14,464 | -35.0% |
| Recurring financial income | 75 | €32,307 | €26,843 | -€5,464 | -16.9% |
| Non-recurring financial income | 76B | €9,000 | - | -€9,000 | |
| Financial charges | 65/66B | €69 | €1,616 | +€1,546 | +2,229% |
| Recurring financial charges | 65 | €69 | €1,616 | +€1,546 | +2,229% |
| Profit (loss) for the period before taxes | 9903 | €205,295 | €78,216 | -€127,080 | -61.9% |
| Income taxes | 67/77 | €65,367 | €33,205 | -€32,162 | -49.2% |
| Profit (loss) for the period | 9904 | €139,928 | €45,011 | -€94,918 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €139,928 | €45,011 | -€94,918 | -67.8% |
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 20 October 2026 via checked.be.