Alco IT: 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 IT
Largest movements
- Cash +€25,701
up €25,701 (+43.1%), from €59,624 to €85,325
mainly Net result for the year (+€31,501) and Tax, wage and social debts (+€16,793)
- Tangible fixed assets +€10,150
up €10,150 (+975.4%), from €1,041 to €11,191
of which Land and buildings: +€7,297
- Deferred charges and accrued income -€2,459
no longer reported in 2025 (was €2,459)
- Receivables within one year +€1,121
up €1,121 (+50.7%), from €2,210 to €3,331
of which Other amounts receivable: +€2,162
- Reserves +€30,549
up €30,549 (+88.7%), from €34,451 to €65,000
- Tax, wage and social debts +€16,793
up €16,793 (+161.1%), from €10,425 to €27,218
of which Taxes: +€16,529
- Debts after one year -€9,482
down €9,482 (-94.8%), from €10,000 to €518
- Trade debts -€3,281
down €3,281 (-62.6%), from €5,242 to €1,961
- Current portion of long-term debt +€3,038
new in 2025: €3,038
- Gross operating margin -€1,746
down €1,746 (-3.8%), from €45,548 to €43,802
- Taxes +€918
up €918 (+9.5%), from €9,650 to €10,568
- Depreciation +€627
up €627 (+6426.4%), from €10 to €637
- Financial charges +€577
up €577 (+1779.9%), from €32 to €610
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.
Cash bridge derived
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 | €65,334 | €99,847 | +€34,513 | +52.8% |
| Fixed assets | 21/28 | €1,041 | €11,191 | +€10,150 | +975.4% |
| Tangible fixed assets | 22/27 | €1,041 | €11,191 | +€10,150 | +975.4% |
| Land and buildings | 22 | - | €7,297 | +€7,297 | |
| Plant, machinery and equipment | 23 | - | €3,064 | +€3,064 | |
| Furniture and vehicles | 24 | €1,041 | €831 | -€210 | -20.2% |
| Current assets | 29/58 | €64,293 | €88,656 | +€24,363 | +37.9% |
| Amounts receivable within one year | 40/41 | €2,210 | €3,331 | +€1,121 | +50.7% |
| Trade receivables | 40 | €2,210 | €1,169 | -€1,041 | -47.1% |
| Other amounts receivable | 41 | - | €2,162 | +€2,162 | |
| Cash at bank and in hand | 54/58 | €59,624 | €85,325 | +€25,701 | +43.1% |
| Deferred charges and accrued income | 490/1 | €2,459 | - | -€2,459 | |
| Total equity and liabilities | 10/49 | €65,334 | €99,847 | +€34,513 | +52.8% |
| Equity | 10/15 | €35,451 | €66,000 | +€30,549 | +86.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,451 | €65,000 | +€30,549 | +88.7% |
| Distributable reserves | 133 | €34,451 | €65,000 | +€30,549 | +88.7% |
| Amounts payable | 17/49 | €29,883 | €33,847 | +€3,964 | +13.3% |
| Amounts payable after more than one year | 17 | €10,000 | €518 | -€9,482 | -94.8% |
| Financial debts | 170/4 | €10,000 | €518 | -€9,482 | -94.8% |
| Amounts payable within one year | 42/48 | €19,404 | €33,169 | +€13,765 | +70.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,038 | +€3,038 | |
| Trade debts | 44 | €5,242 | €1,961 | -€3,281 | -62.6% |
| Suppliers | 440/4 | €5,242 | €1,961 | -€3,281 | -62.6% |
| Taxes, remuneration and social security | 45 | €10,425 | €27,218 | +€16,793 | +161.1% |
| Taxes | 450/3 | €10,425 | €26,954 | +€16,529 | +158.5% |
| Remuneration and social security | 454/9 | - | €264 | +€264 | |
| Other amounts payable | 47/48 | €3,737 | €951 | -€2,785 | -74.5% |
| Accrued charges and deferred income | 492/3 | €479 | €160 | -€319 | -66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10 | €637 | +€627 | +6426.4% |
| Other operating charges | 640/8 | €572 | €565 | -€7 | -1.2% |
| Gross operating margin | 9900 | €45,548 | €43,802 | -€1,746 | -3.8% |
| Operating profit (loss) | 9901 | €44,966 | €42,600 | -€2,366 | -5.3% |
| Financial income | 75/76B | - | €79 | +€79 | |
| Recurring financial income | 75 | - | €79 | +€79 | |
| Financial charges | 65/66B | €32 | €610 | +€577 | +1779.9% |
| Recurring financial charges | 65 | €32 | €610 | +€577 | +1779.9% |
| Profit (loss) for the period before taxes | 9903 | €44,934 | €42,069 | -€2,865 | -6.4% |
| Income taxes | 67/77 | €9,650 | €10,568 | +€918 | +9.5% |
| Profit (loss) for the period | 9904 | €35,284 | €31,501 | -€3,783 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,284 | €31,501 | -€3,783 | -10.7% |
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 11 October 2026 via checked.be.