ALCOM: what changed
Two fiscal 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
- Cash +€9,277
up €9,277 (+20.9%), from €44,379 to €53,656
mainly Net result for the year (+€10,971) and Depreciation (+€2,923)
- Receivables within one year +€2,129
up €2,129 (+9.8%), from €21,715 to €23,844
- Tangible fixed assets +€1,185
up €1,185 (+20.3%), from €5,825 to €7,010
of which Other tangible fixed assets: +€3,930
- Deferred charges and accrued income -€1,008
down €1,008 (-93.5%), from €1,078 to €70
- Profit (loss) carried forward +€10,138
up €10,138 (+20.1%), from €50,505 to €60,643
- Accrued charges and deferred income +€2,569
up €2,569 (+417.7%), from €615 to €3,184
- Other debts -€1,282
down €1,282 (-27.0%), from €4,751 to €3,468
- Tax, wage and social debts +€1,018
up €1,018 (+10.5%), from €9,673 to €10,690
- Trade debts -€860
down €860 (-35.0%), from €2,454 to €1,594
- Gross operating margin -€20,497
down €20,497 (-51.2%), from €40,039 to €19,542
- Taxes -€3,545
down €3,545 (-41.7%), from €8,491 to €4,946
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 | €72,997 | €84,580 | +€11,582 | +15.9% |
| Fixed assets | 21/28 | €5,825 | €7,010 | +€1,185 | +20.3% |
| Tangible fixed assets | 22/27 | €5,825 | €7,010 | +€1,185 | +20.3% |
| Furniture and vehicles | 24 | €5,825 | €3,080 | -€2,745 | -47.1% |
| Other tangible fixed assets | 26 | - | €3,930 | +€3,930 | |
| Current assets | 29/58 | €67,172 | €77,570 | +€10,397 | +15.5% |
| Amounts receivable within one year | 40/41 | €21,715 | €23,844 | +€2,129 | +9.8% |
| Trade receivables | 40 | €21,715 | €23,844 | +€2,129 | +9.8% |
| Cash at bank and in hand | 54/58 | €44,379 | €53,656 | +€9,277 | +20.9% |
| Deferred charges and accrued income | 490/1 | €1,078 | €70 | -€1,008 | -93.5% |
| Total equity and liabilities | 10/49 | €72,997 | €84,580 | +€11,582 | +15.9% |
| Equity | 10/15 | €55,505 | €65,643 | +€10,138 | +18.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,505 | €60,643 | +€10,138 | +20.1% |
| Amounts payable | 17/49 | €17,492 | €18,937 | +€1,445 | +8.3% |
| Amounts payable within one year | 42/48 | €16,877 | €15,753 | -€1,124 | -6.7% |
| Trade debts | 44 | €2,454 | €1,594 | -€860 | -35.0% |
| Suppliers | 440/4 | €2,454 | €1,594 | -€860 | -35.0% |
| Taxes, remuneration and social security | 45 | €9,673 | €10,690 | +€1,018 | +10.5% |
| Taxes | 450/3 | €9,673 | €10,690 | +€1,018 | +10.5% |
| Other amounts payable | 47/48 | €4,751 | €3,468 | -€1,282 | -27.0% |
| Accrued charges and deferred income | 492/3 | €615 | €3,184 | +€2,569 | +417.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,745 | €2,923 | +€178 | +6.5% |
| Other operating charges | 640/8 | €227 | €223 | -€4 | -1.9% |
| Gross operating margin | 9900 | €40,039 | €19,542 | -€20,497 | -51.2% |
| Operating profit (loss) | 9901 | €37,067 | €16,396 | -€20,671 | -55.8% |
| Financial income | 75/76B | €155 | €2 | -€153 | -98.6% |
| Recurring financial income | 75 | €155 | €2 | -€153 | -98.6% |
| Financial charges | 65/66B | €348 | €481 | +€133 | +38.2% |
| Recurring financial charges | 65 | €348 | €481 | +€133 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €36,874 | €15,917 | -€20,957 | -56.8% |
| Income taxes | 67/77 | €8,491 | €4,946 | -€3,545 | -41.7% |
| Profit (loss) for the period | 9904 | €28,383 | €10,971 | -€17,412 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,383 | €10,971 | -€17,412 | -61.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.