ALCL CAPITAL: what changed
ALCL CAPITAL
Largest movements
- Receivables within one year -€24,428
down €24,428 (-90.8%), from €26,890 to €2,462
of which Trade receivables: -€23,878
- Cash -€8,852
down €8,852 (-20.2%), from €43,792 to €34,939
mainly Net result for the year (-€17,388) and Tax, wage and social debts (-€11,590)
- Financial fixed assets +€5,000
new in 2025: €5,000
- Tangible fixed assets -€1,464
down €1,464 (-11.0%), from €13,338 to €11,874
of which Plant, machinery and equipment: -€1,174
- Profit (loss) carried forward -€17,388
down €17,388 (-24.5%), from €70,940 to €53,552
- Tax, wage and social debts -€11,590
down €11,590 (-97.9%), from €11,837 to €247
- Gross operating margin -€77,508
down €77,508, from €62,711 to -€14,797
- Taxes -€13,786
down €13,786 (-98.2%), from €14,033 to €247
- Depreciation +€1,358
up €1,358 (+146%), from €932 to €2,290
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,748 | €55,335 | -€29,412 | -34.7% |
| Fixed assets | 21/28 | €13,338 | €16,874 | +€3,536 | +26.5% |
| Tangible fixed assets | 22/27 | €13,338 | €11,874 | -€1,464 | -11.0% |
| Plant, machinery and equipment | 23 | €11,568 | €10,394 | -€1,174 | -10.2% |
| Furniture and vehicles | 24 | €1,770 | €1,480 | -€290 | -16.4% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €71,409 | €38,461 | -€32,948 | -46.1% |
| Amounts receivable within one year | 40/41 | €26,890 | €2,462 | -€24,428 | -90.8% |
| Trade receivables | 40 | €24,008 | €130 | -€23,878 | -99.5% |
| Other amounts receivable | 41 | €2,882 | €2,333 | -€549 | -19.1% |
| Cash at bank and in hand | 54/58 | €43,792 | €34,939 | -€8,852 | -20.2% |
| Deferred charges and accrued income | 490/1 | €728 | €1,060 | +€332 | +45.6% |
| Total equity and liabilities | 10/49 | €84,748 | €55,335 | -€29,412 | -34.7% |
| Equity | 10/15 | €71,940 | €54,552 | -€17,388 | -24.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,940 | €53,552 | -€17,388 | -24.5% |
| Amounts payable | 17/49 | €12,808 | €784 | -€12,024 | -93.9% |
| Amounts payable within one year | 42/48 | €12,808 | €784 | -€12,024 | -93.9% |
| Trade debts | 44 | €971 | €537 | -€434 | -44.7% |
| Suppliers | 440/4 | €971 | €537 | -€434 | -44.7% |
| Taxes, remuneration and social security | 45 | €11,837 | €247 | -€11,590 | -97.9% |
| Taxes | 450/3 | €11,837 | €247 | -€11,590 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €932 | €2,290 | +€1,358 | +146% |
| Gross operating margin | 9900 | €62,711 | -€14,797 | -€77,508 | |
| Operating profit (loss) | 9901 | €61,779 | -€17,087 | -€78,866 | |
| Financial income | 75/76B | €90 | €130 | +€40 | +44.0% |
| Recurring financial income | 75 | €90 | €130 | +€40 | +44.0% |
| Financial charges | 65/66B | €48 | €184 | +€136 | +284% |
| Recurring financial charges | 65 | €48 | €184 | +€136 | +284% |
| Profit (loss) for the period before taxes | 9903 | €61,821 | -€17,142 | -€78,963 | |
| Income taxes | 67/77 | €14,033 | €247 | -€13,786 | -98.2% |
| Profit (loss) for the period | 9904 | €47,789 | -€17,388 | -€65,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,789 | -€17,388 | -€65,177 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.