Alcitha Management: 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.
Alcitha Management
Largest movements
- Tangible fixed assets -€12,587
down €12,587 (-40.0%), from €31,473 to €18,886
of which Leasing and similar rights: -€12,261
- Cash +€8,522
up €8,522 (+868%), from €982 to €9,505
mainly Depreciation (+€12,587) and Tax, wage and social debts (+€4,875)
- Receivables within one year +€2,420
up €2,420 (+39.7%), from €6,089 to €8,509
of which Trade receivables: +€2,420
- Deferred charges and accrued income -€1,416
no longer reported in 2025 (was €1,416)
- Debts after one year -€12,433
down €12,433 (-66.7%), from €18,646 to €6,214
- Tax, wage and social debts +€4,875
up €4,875 (+236%), from €2,065 to €6,940
of which Taxes: +€3,365
- Profit (loss) carried forward +€4,697
up €4,697 (+24.8%), from -€18,936 to -€14,239
- Trade debts +€1,590
up €1,590 (+206%), from €773 to €2,363
- Current portion of long-term debt -€1,322
down €1,322 (-10.3%), from €12,809 to €11,487
- Gross operating margin +€24,464
up €24,464, from -€2,379 to €22,085
- Other operating charges +€638
up €638 (+27.4%), from €2,329 to €2,967
- Financial charges +€275
up €275 (+19.2%), from €1,433 to €1,708
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 | €39,960 | €36,899 | -€3,061 | -7.7% |
| Fixed assets | 21/28 | €31,473 | €18,886 | -€12,587 | -40.0% |
| Tangible fixed assets | 22/27 | €31,473 | €18,886 | -€12,587 | -40.0% |
| Furniture and vehicles | 24 | €1,300 | €975 | -€326 | -25.0% |
| Leasing and similar rights | 25 | €30,173 | €17,912 | -€12,261 | -40.6% |
| Current assets | 29/58 | €8,487 | €18,013 | +€9,526 | +112% |
| Amounts receivable within one year | 40/41 | €6,089 | €8,509 | +€2,420 | +39.7% |
| Trade receivables | 40 | €4,840 | €7,260 | +€2,420 | +50.0% |
| Other amounts receivable | 41 | €1,249 | €1,249 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €982 | €9,505 | +€8,522 | +868% |
| Deferred charges and accrued income | 490/1 | €1,416 | - | -€1,416 | |
| Total equity and liabilities | 10/49 | €39,960 | €36,899 | -€3,061 | -7.7% |
| Equity | 10/15 | €4,049 | €8,746 | +€4,697 | +116% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,985 | €17,985 | = | 0.0% |
| Distributable reserves | 133 | €17,985 | €17,985 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,936 | -€14,239 | +€4,697 | +24.8% |
| Amounts payable | 17/49 | €35,911 | €28,153 | -€7,758 | -21.6% |
| Amounts payable after more than one year | 17 | €18,646 | €6,214 | -€12,433 | -66.7% |
| Financial debts | 170/4 | €18,646 | €6,214 | -€12,433 | -66.7% |
| Amounts payable within one year | 42/48 | €17,265 | €21,939 | +€4,675 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €12,809 | €11,487 | -€1,322 | -10.3% |
| Trade debts | 44 | €773 | €2,363 | +€1,590 | +206% |
| Suppliers | 440/4 | €773 | €2,363 | +€1,590 | +206% |
| Taxes, remuneration and social security | 45 | €2,065 | €6,940 | +€4,875 | +236% |
| Taxes | 450/3 | €2,065 | €5,430 | +€3,365 | +163% |
| Remuneration and social security | 454/9 | - | €1,510 | +€1,510 | |
| Other amounts payable | 47/48 | €1,618 | €1,151 | -€467 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,587 | €12,587 | = | 0.0% |
| Other operating charges | 640/8 | €2,329 | €2,967 | +€638 | +27.4% |
| Gross operating margin | 9900 | -€2,379 | €22,085 | +€24,464 | |
| Operating profit (loss) | 9901 | -€17,295 | €6,531 | +€23,826 | |
| Financial charges | 65/66B | €1,433 | €1,708 | +€275 | +19.2% |
| Recurring financial charges | 65 | €1,433 | €1,708 | +€275 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,729 | €4,823 | +€23,552 | |
| Income taxes | 67/77 | €207 | €126 | -€81 | -39.3% |
| Profit (loss) for the period | 9904 | -€18,936 | €4,697 | +€23,633 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,936 | €4,697 | +€23,633 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.