ALCOMET: 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.
ALCOMET
Largest movements
- Cash +€300,975
up €300,975 (+66.9%), from €449,873 to €750,848
mainly Net result for the year (+€780,797) and Other debts (+€179,344)
- Receivables within one year +€221,831
up €221,831 (+18.3%), from €1.2m to €1.4m
of which Other amounts receivable: +€157,022
- Tangible fixed assets +€109,133
up €109,133 (+8.6%), from €1.3m to €1.4m
of which Plant, machinery and equipment: +€89,908
- Reserves +€360,000
up €360,000 (+18.0%), from €2.0m to €2.4m
- Other debts +€179,344
up €179,344 (+39.7%), from €451,498 to €630,842
- Tax, wage and social debts +€96,093
up €96,093 (+103.9%), from €92,510 to €188,603
of which Taxes: +€113,178
- Debts after one year +€87,796
up €87,796 (+20.9%), from €420,060 to €507,857
- Advances received -€75,223
down €75,223 (-43.7%), from €172,283 to €97,060
- Staff costs -€94,238
down €94,238 (-17.8%), from €529,672 to €435,434
- Gross operating margin -€64,304
down €64,304 (-4.1%), from €1.6m to €1.5m
- Taxes +€37,810
up €37,810 (+27.8%), from €136,154 to €173,964
- Depreciation +€20,071
up €20,071 (+21.5%), from €93,409 to €113,480
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 | €4,149,261 | €4,784,155 | +€634,894 | +15.3% |
| Fixed assets | 21/28 | €1,275,761 | €1,384,895 | +€109,133 | +8.6% |
| Tangible fixed assets | 22/27 | €1,274,787 | €1,383,921 | +€109,133 | +8.6% |
| Land and buildings | 22 | €1,123,241 | €1,151,137 | +€27,896 | +2.5% |
| Plant, machinery and equipment | 23 | €105,823 | €195,731 | +€89,908 | +85.0% |
| Furniture and vehicles | 24 | €45,724 | €37,052 | -€8,672 | -19.0% |
| Financial fixed assets | 28 | €974 | €974 | = | 0.0% |
| Current assets | 29/58 | €2,873,500 | €3,399,260 | +€525,760 | +18.3% |
| Stocks and contracts in progress | 3 | €1,187,161 | €1,190,990 | +€3,829 | +0.3% |
| Stocks | 30/36 | €1,187,161 | €1,190,990 | +€3,829 | +0.3% |
| Amounts receivable within one year | 40/41 | €1,215,391 | €1,437,222 | +€221,831 | +18.3% |
| Trade receivables | 40 | €1,040,075 | €1,104,884 | +€64,809 | +6.2% |
| Other amounts receivable | 41 | €175,316 | €332,338 | +€157,022 | +89.6% |
| Cash at bank and in hand | 54/58 | €449,873 | €750,848 | +€300,975 | +66.9% |
| Deferred charges and accrued income | 490/1 | €21,075 | €20,200 | -€875 | -4.2% |
| Total equity and liabilities | 10/49 | €4,149,261 | €4,784,155 | +€634,894 | +15.3% |
| Equity | 10/15 | €2,354,137 | €2,719,427 | +€365,290 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,000,000 | €2,360,000 | +€360,000 | +18.0% |
| Distributable reserves | 133 | €2,000,000 | €2,360,000 | +€360,000 | +18.0% |
| Profit (loss) carried forward | 14 | €335,537 | €340,827 | +€5,290 | +1.6% |
| Amounts payable | 17/49 | €1,795,125 | €2,064,728 | +€269,603 | +15.0% |
| Amounts payable after more than one year | 17 | €420,060 | €507,857 | +€87,796 | +20.9% |
| Financial debts | 170/4 | €420,060 | €507,857 | +€87,796 | +20.9% |
| Amounts payable within one year | 42/48 | €1,370,781 | €1,556,871 | +€186,090 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €92,296 | €141,138 | +€48,842 | +52.9% |
| Trade debts | 44 | €562,195 | €499,228 | -€62,966 | -11.2% |
| Suppliers | 440/4 | €562,195 | €499,228 | -€62,966 | -11.2% |
| Advances received on contracts in progress | 46 | €172,283 | €97,060 | -€75,223 | -43.7% |
| Taxes, remuneration and social security | 45 | €92,510 | €188,603 | +€96,093 | +103.9% |
| Taxes | 450/3 | €27,960 | €141,137 | +€113,178 | +404.8% |
| Remuneration and social security | 454/9 | €64,550 | €47,466 | -€17,085 | -26.5% |
| Other amounts payable | 47/48 | €451,498 | €630,842 | +€179,344 | +39.7% |
| Accrued charges and deferred income | 492/3 | €4,283 | €0 | -€4,283 | -100.0% |
| Remuneration, social security and pensions | 62 | €529,672 | €435,434 | -€94,238 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,409 | €113,480 | +€20,071 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,061 | €0 | -€2,061 | -100.0% |
| Other operating charges | 640/8 | €20,018 | €20,107 | +€89 | +0.4% |
| Non-recurring operating charges | 66A | €5,571 | €12,140 | +€6,569 | +117.9% |
| Gross operating margin | 9900 | €1,574,595 | €1,510,291 | -€64,304 | -4.1% |
| Operating profit (loss) | 9901 | €923,865 | €929,131 | +€5,266 | +0.6% |
| Financial income | 75/76B | €55,746 | €55,396 | -€350 | -0.6% |
| Recurring financial income | 75 | €55,746 | €55,396 | -€350 | -0.6% |
| Financial charges | 65/66B | €33,272 | €29,766 | -€3,506 | -10.5% |
| Recurring financial charges | 65 | €33,272 | €29,766 | -€3,506 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €946,339 | €954,761 | +€8,423 | +0.9% |
| Income taxes | 67/77 | €136,154 | €173,964 | +€37,810 | +27.8% |
| Profit (loss) for the period | 9904 | €810,185 | €780,797 | -€29,387 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €810,185 | €780,797 | -€29,387 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.