Alcobel: 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.
Alcobel
Largest movements
- Receivables within one year +€40,705
up €40,705 (+6.4%), from €636,195 to €676,901
of which Trade receivables: +€35,485
- Trade debts +€480,207
up €480,207 (+419%), from €114,594 to €594,801
- Accrued charges and deferred income -€464,881
no longer reported in 2025 (was €464,881)
- Other debts +€16,859
up €16,859 (+19.6%), from €85,974 to €102,834
- Profit (loss) carried forward +€8,392
up €8,392 (+78.8%), from -€10,656 to -€2,264
- Gross operating margin +€7,727
up €7,727, from -€2,653 to €5,074
- Financial income +€6,632
up €6,632 (+391%), from €1,698 to €8,330
- Taxes +€2,969
up €2,969 (+10,955%), from €27 to €2,996
- Financial charges -€1,880
down €1,880 (-48.3%), from €3,897 to €2,016
- Other operating charges -€513
no longer reported in 2025 (was €513)
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 | €706,115 | €743,271 | +€37,156 | +5.3% |
| Fixed assets | 21/28 | €40 | €40 | = | 0.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €706,075 | €743,231 | +€37,156 | +5.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €636,195 | €676,901 | +€40,705 | +6.4% |
| Trade receivables | 40 | €635,427 | €670,911 | +€35,485 | +5.6% |
| Other amounts receivable | 41 | €769 | €5,989 | +€5,221 | +679% |
| Cash at bank and in hand | 54/58 | €16,443 | €13,465 | -€2,977 | -18.1% |
| Deferred charges and accrued income | 490/1 | €3,437 | €2,865 | -€572 | -16.7% |
| Total equity and liabilities | 10/49 | €706,115 | €743,271 | +€37,156 | +5.3% |
| Equity | 10/15 | €14,594 | €22,986 | +€8,392 | +57.5% |
| Contributions | 10/11 | €17,676 | €17,676 | = | 0.0% |
| Reserves | 13 | €7,574 | €7,574 | = | 0.0% |
| Distributable reserves | 133 | €7,574 | €7,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,656 | -€2,264 | +€8,392 | +78.8% |
| Amounts payable | 17/49 | €691,521 | €720,285 | +€28,764 | +4.2% |
| Amounts payable within one year | 42/48 | €226,641 | €720,285 | +€493,644 | +218% |
| Current portion of amounts payable after more than one year | 42 | - | €1,451 | +€1,451 | |
| Financial debts | 43 | €20,345 | €21,199 | +€854 | +4.2% |
| Credit institutions | 430/8 | €20,345 | €21,199 | +€854 | +4.2% |
| Trade debts | 44 | €114,594 | €594,801 | +€480,207 | +419% |
| Suppliers | 440/4 | €114,594 | €594,801 | +€480,207 | +419% |
| Taxes, remuneration and social security | 45 | €5,727 | - | -€5,727 | |
| Taxes | 450/3 | €5,727 | - | -€5,727 | |
| Other amounts payable | 47/48 | €85,974 | €102,834 | +€16,859 | +19.6% |
| Accrued charges and deferred income | 492/3 | €464,881 | - | -€464,881 | |
| Other operating charges | 640/8 | €513 | - | -€513 | |
| Non-recurring operating charges | 66A | €3,550 | - | -€3,550 | |
| Gross operating margin | 9900 | -€2,653 | €5,074 | +€7,727 | |
| Operating profit (loss) | 9901 | -€6,716 | €5,074 | +€11,790 | |
| Financial income | 75/76B | €1,698 | €8,330 | +€6,632 | +391% |
| Recurring financial income | 75 | €1,698 | €8,330 | +€6,632 | +391% |
| Financial charges | 65/66B | €3,897 | €2,016 | -€1,880 | -48.3% |
| Recurring financial charges | 65 | €3,897 | €2,016 | -€1,880 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,915 | €11,388 | +€20,303 | |
| Income taxes | 67/77 | €27 | €2,996 | +€2,969 | +10,955% |
| Profit (loss) for the period | 9904 | -€8,942 | €8,392 | +€17,334 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,942 | €8,392 | +€17,334 |
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 15 October 2026 via checked.be.