ALCOBRANDS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
What changed
ALCOBRANDS
NACE 46.170, Agents in the wholesale of food, beverages and tobacco
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€828,882
2024 · €1.1m-€304,482
Equity
€8.4m
2024 · €8.0m+€453,882
Cash
€4.0m
2024 · €2.3m+€1.6m
Balance sheet total
€18.5m
2024 · €14.4m+€4.1m
Largest movements
Assets
- Cash +€1.6m
up €1.6m (+70.6%), from €2.3m to €4.0m
mainly Trade debts (+€3.4m) and Net result for the year (+€828,882)
- Stocks and contracts +€1.3m
up €1.3m (+23.5%), from €5.5m to €6.8m
- Receivables within one year +€1.1m
up €1.1m (+16.4%), from €6.5m to €7.6m
of which Trade receivables: +€1.0m
Equity and liabilities
- Trade debts +€3.4m
up €3.4m (+55.9%), from €6.1m to €9.5m
- Reserves +€453,882
up €453,882 (+5.7%), from €7.9m to €8.4m
of which Distributable reserves: +€453,882
- Other debts +€300,000
up €300,000 (+195%), from €154,241 to €454,241
Income statement
- Goods and materials +€1.5m
up €1.5m (+4.7%), from €31.9m to €33.4m
of which Purchases: +€2.2m
- Turnover +€700,558
up €700,558 (+1.6%), from €42.8m to €43.5m
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.
Result 2024
€1.1m
Turnover
+€700,558
Other operating income
+€62,742
Goods and materials
-€1.5m
Services and other goods
+€408,887
Staff costs
-€221,394
Depreciation
+€1,504
Write-downs
-€9,409
Other operating charges
+€9,267
Financial income
-€7,645
Financial charges
-€5,394
Taxes
+€241,668
Result 2025
€828,882
raises the resultlowers the result
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.
From operations
+€2.1m
Investment
-€101,843
Financing
-€375,000
Cash 2024
€2.3m
From operations (derived)
+€2.1m
Net result for the year
+€828,882
Depreciation
+€14,866
Stocks and contracts
-€1.3m
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€10,706
Trade debts
+€3.4m
Tax, wage and social debts
+€12,919
Other debts
+€300,000
Accrued charges and deferred income
-€53,159
Investment (derived)
-€101,843
Investment in fixed assets (net)
-€101,843
Financing
-€375,000
Contributions, distributions and other
-€375,000
Cash 2025
€4.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,428,556 | €18,542,739 | +€4.1m | +28.5% |
| Fixed assets | 21/28 | €52,014 | €138,991 | +€86,977 | +167% |
| Intangible fixed assets | 21 | €22,332 | €113,040 | +€90,708 | +406% |
| Tangible fixed assets | 22/27 | €8,377 | €4,646 | -€3,731 | -44.5% |
| Plant, machinery and equipment | 23 | €7,823 | €4,646 | -€3,177 | -40.6% |
| Other tangible fixed assets | 26 | €554 | - | -€554 | |
| Financial fixed assets | 28 | €21,305 | €21,305 | = | 0.0% |
| Affiliated companies | 280/1 | €20,000 | €20,000 | = | 0.0% |
| Participating interests | 280 | €20,000 | €20,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,305 | €1,305 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,305 | €1,305 | = | 0.0% |
| Current assets | 29/58 | €14,376,542 | €18,403,748 | +€4.0m | +28.0% |
| Stocks and contracts in progress | 3 | €5,529,041 | €6,831,074 | +€1.3m | +23.5% |
| Stocks | 30/36 | €5,529,041 | €6,831,074 | +€1.3m | +23.5% |
| Raw materials and consumables | 30/31 | €50,334 | - | -€50,334 | |
| Goods purchased for resale | 34 | €5,478,707 | €6,831,074 | +€1.4m | +24.7% |
| Amounts receivable within one year | 40/41 | €6,487,660 | €7,552,459 | +€1.1m | +16.4% |
| Trade receivables | 40 | €6,299,972 | €7,347,956 | +€1.0m | +16.6% |
| Other amounts receivable | 41 | €187,688 | €204,503 | +€16,815 | +9.0% |
| Cash at bank and in hand | 54/58 | €2,337,431 | €3,987,098 | +€1.6m | +70.6% |
| Deferred charges and accrued income | 490/1 | €22,411 | €33,117 | +€10,706 | +47.8% |
| Total equity and liabilities | 10/49 | €14,428,556 | €18,542,739 | +€4.1m | +28.5% |
| Equity | 10/15 | €7,989,686 | €8,443,568 | +€453,882 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,927,686 | €8,381,568 | +€453,882 | +5.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €7,921,486 | €8,375,368 | +€453,882 | +5.7% |
| Amounts payable | 17/49 | €6,438,871 | €10,099,172 | +€3.7m | +56.8% |
| Amounts payable within one year | 42/48 | €6,384,462 | €10,097,922 | +€3.7m | +58.2% |
| Trade debts | 44 | €6,081,671 | €9,482,212 | +€3.4m | +55.9% |
| Suppliers | 440/4 | €6,081,671 | €9,482,212 | +€3.4m | +55.9% |
| Taxes, remuneration and social security | 45 | €148,549 | €161,469 | +€12,919 | +8.7% |
| Taxes | 450/3 | €133,502 | €146,341 | +€12,839 | +9.6% |
| Remuneration and social security | 454/9 | €15,048 | €15,128 | +€80 | +0.5% |
| Other amounts payable | 47/48 | €154,241 | €454,241 | +€300,000 | +195% |
| Accrued charges and deferred income | 492/3 | €54,409 | €1,250 | -€53,159 | -97.7% |
| Operating income | 70/76A | €43,123,302 | €43,886,602 | +€763,300 | +1.8% |
| Turnover | 70 | €42,785,047 | €43,485,605 | +€700,558 | +1.6% |
| Other operating income | 74 | €338,254 | €400,996 | +€62,742 | +18.5% |
| Operating charges | 60/66A | €41,581,089 | €42,877,500 | +€1.3m | +3.1% |
| Goods for resale, raw materials and consumables | 60 | €31,939,236 | €33,424,501 | +€1.5m | +4.7% |
| Purchases | 600/8 | €32,489,917 | €34,735,143 | +€2.2m | +6.9% |
| Change in stocks: decrease (increase) | 609 | -€550,681 | -€1,310,642 | -€759,961 | -138% |
| Services and other goods | 61 | €8,148,659 | €7,739,771 | -€408,887 | -5.0% |
| Remuneration, social security and pensions | 62 | €1,464,490 | €1,685,885 | +€221,394 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,370 | €14,866 | -€1,504 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€801 | €8,609 | +€9,409 | |
| Other operating charges | 640/8 | €13,135 | €3,868 | -€9,267 | -70.6% |
| Operating profit (loss) | 9901 | €1,542,212 | €1,009,102 | -€533,110 | -34.6% |
| Financial income | 75/76B | €47,314 | €39,669 | -€7,645 | -16.2% |
| Recurring financial income | 75 | €47,314 | €39,669 | -€7,645 | -16.2% |
| Income from current assets | 751 | €40,647 | €34,042 | -€6,604 | -16.2% |
| Other financial income | 752/9 | €6,668 | €5,626 | -€1,041 | -15.6% |
| Financial charges | 65/66B | €43,972 | €49,366 | +€5,394 | +12.3% |
| Recurring financial charges | 65 | €43,972 | €49,366 | +€5,394 | +12.3% |
| Debt charges | 650 | €42,344 | €37,507 | -€4,836 | -11.4% |
| Other financial charges | 652/9 | €1,629 | €11,859 | +€10,230 | +628% |
| Profit (loss) for the period before taxes | 9903 | €1,545,554 | €999,405 | -€546,150 | -35.3% |
| Income taxes | 67/77 | €412,191 | €170,523 | -€241,668 | -58.6% |
| Taxes | 670/3 | €412,194 | €170,523 | -€241,671 | -58.6% |
| Tax adjustments and reversals of tax provisions | 77 | €3 | - | -€3 | |
| Profit (loss) for the period | 9904 | €1,133,364 | €828,882 | -€304,482 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,133,364 | €828,882 | -€304,482 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.