ALCO-DAK: 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.
ALCO-DAK
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts -€2,506
down €2,506 (-42.4%), from €5,908 to €3,402
- Reserves +€2,125
up €2,125 (+4.4%), from €48,302 to €50,427
of which Distributable reserves: +€2,125
- Gross operating margin +€3,350
up €3,350, from -€640 to €2,710
- Financial charges -€129
down €129 (-67.6%), from €190 to €62
- Other operating charges +€74
up €74 (+16.6%), from €449 to €524
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 | €76,713 | €76,336 | -€377 | -0.5% |
| Current assets | 29/58 | €76,713 | €76,336 | -€377 | -0.5% |
| Amounts receivable within one year | 40/41 | €32,198 | €32,198 | = | 0.0% |
| Other amounts receivable | 41 | €32,198 | €32,198 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,514 | €44,137 | -€377 | -0.8% |
| Total equity and liabilities | 10/49 | €76,713 | €76,336 | -€377 | -0.5% |
| Equity | 10/15 | €65,662 | €67,787 | +€2,125 | +3.2% |
| Contributions | 10/11 | €17,361 | €17,361 | = | 0.0% |
| Reserves | 13 | €48,302 | €50,427 | +€2,125 | +4.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,442 | €48,567 | +€2,125 | +4.6% |
| Amounts payable | 17/49 | €11,050 | €8,548 | -€2,502 | -22.6% |
| Amounts payable within one year | 42/48 | €11,050 | €8,548 | -€2,502 | -22.6% |
| Trade debts | 44 | €5,908 | €3,402 | -€2,506 | -42.4% |
| Suppliers | 440/4 | €5,908 | €3,402 | -€2,506 | -42.4% |
| Taxes, remuneration and social security | 45 | €300 | €304 | +€4 | +1.3% |
| Taxes | 450/3 | €300 | €304 | +€4 | +1.3% |
| Other amounts payable | 47/48 | €4,842 | €4,842 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €524 | +€74 | +16.6% |
| Gross operating margin | 9900 | -€640 | €2,710 | +€3,350 | |
| Operating profit (loss) | 9901 | -€1,089 | €2,186 | +€3,276 | |
| Financial charges | 65/66B | €190 | €62 | -€129 | -67.6% |
| Recurring financial charges | 65 | €190 | €62 | -€129 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,279 | €2,125 | +€3,404 | |
| Profit (loss) for the period | 9904 | -€1,279 | €2,125 | +€3,404 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,279 | €2,125 | +€3,404 |
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.