ALCOM: 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.
ALCOM
Largest movements
- Financial fixed assets -€7,437
down €7,437 (-100.0%), from €7,437 to €0
- Debts after one year -€23,752
down €23,752 (-100.0%), from €23,752 to €0
- Reserves +€16,831
up €16,831 (+4.0%), from €423,195 to €440,026
of which Distributable reserves: +€15,989
- Financial income +€16,315
new in 2025: €16,315
- Gross operating margin +€907
up €907 (+5.5%), from €16,346 to €17,252
- Other operating charges +€496
up €496 (+3.1%), from €16,091 to €16,587
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 | €70,161 | €63,200 | -€6,961 | -9.9% |
| Fixed assets | 21/28 | €69,665 | €62,228 | -€7,437 | -10.7% |
| Tangible fixed assets | 22/27 | €62,228 | €62,228 | = | 0.0% |
| Land and buildings | 22 | €62,228 | €62,228 | = | 0.0% |
| Financial fixed assets | 28 | €7,437 | €0 | -€7,437 | -100.0% |
| Current assets | 29/58 | €496 | €972 | +€476 | +96.0% |
| Cash at bank and in hand | 54/58 | €496 | €972 | +€476 | +96.0% |
| Total equity and liabilities | 10/49 | €70,161 | €63,200 | -€6,961 | -9.9% |
| Equity | 10/15 | €46,010 | €62,841 | +€16,831 | +36.6% |
| Contributions | 10/11 | €309,867 | €309,867 | = | 0.0% |
| Capital | 10 | €309,867 | €309,867 | = | 0.0% |
| Issued capital | 100 | €309,867 | €309,867 | = | 0.0% |
| Reserves | 13 | €423,195 | €440,026 | +€16,831 | +4.0% |
| Non-distributable reserves | 130/1 | €21,944 | €22,786 | +€842 | +3.8% |
| Legal reserve | 130 | €21,944 | €22,786 | +€842 | +3.8% |
| Distributable reserves | 133 | €401,251 | €417,240 | +€15,989 | +4.0% |
| Profit (loss) carried forward | 14 | -€687,052 | -€687,052 | = | 0.0% |
| Amounts payable | 17/49 | €24,150 | €359 | -€23,791 | -98.5% |
| Amounts payable after more than one year | 17 | €23,752 | €0 | -€23,752 | -100.0% |
| Other amounts payable | 178/9 | €23,752 | €0 | -€23,752 | -100.0% |
| Amounts payable within one year | 42/48 | €398 | €359 | -€39 | -9.9% |
| Trade debts | 44 | €398 | €359 | -€39 | -9.9% |
| Suppliers | 440/4 | €398 | €359 | -€39 | -9.9% |
| Other operating charges | 640/8 | €16,091 | €16,587 | +€496 | +3.1% |
| Gross operating margin | 9900 | €16,346 | €17,252 | +€907 | +5.5% |
| Operating profit (loss) | 9901 | €255 | €665 | +€411 | +161.0% |
| Financial income | 75/76B | - | €16,315 | +€16,315 | |
| Recurring financial income | 75 | - | €16,315 | +€16,315 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €120 | €16,831 | +€16,711 | +13929.1% |
| Profit (loss) for the period | 9904 | €120 | €16,831 | +€16,711 | +13929.1% |
| Profit (loss) for the period to be appropriated | 9905 | €120 | €16,831 | +€16,711 | +13929.1% |
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 10 October 2026 via checked.be.