ALCOTA: 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.
ALCOTA
Largest movements
- Receivables within one year +€47,820
up €47,820 (+303.4%), from €15,762 to €63,582
of which Trade receivables: +€49,375
- Tangible fixed assets +€19,725
up €19,725 (+29.5%), from €66,764 to €86,489
of which Other tangible fixed assets: +€41,179
- Cash -€13,003
down €13,003 (-78.6%), from €16,542 to €3,539
mainly Investment in fixed assets (net) (-€48,083) and Receivables within one year (-€47,820)
- Other debts +€131,057
up €131,057 (+598.3%), from €21,905 to €152,963
- Trade debts -€41,154
down €41,154 (-95.3%), from €43,169 to €2,015
- Profit (loss) carried forward -€33,220
down €33,220 (-211.5%), from -€15,705 to -€48,925
- Tax, wage and social debts -€3,263
no longer reported in 2025 (was €3,263)
- Short-term financial debts +€1,731
new in 2025: €1,731
- Gross operating margin -€14,061
down €14,061 (-93.3%), from €15,077 to €1,016
- Depreciation +€3,501
up €3,501 (+14.1%), from €24,857 to €28,358
- Financial charges +€574
up €574 (+14.5%), from €3,948 to €4,523
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 | €100,852 | €155,783 | +€54,931 | +54.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €66,764 | €86,489 | +€19,725 | +29.5% |
| Tangible fixed assets | 22/27 | €66,764 | €86,489 | +€19,725 | +29.5% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €23,448 | €1,994 | -€21,453 | -91.5% |
| Other tangible fixed assets | 26 | €43,316 | €84,495 | +€41,179 | +95.1% |
| Current assets | 29/58 | €34,088 | €69,294 | +€35,206 | +103.3% |
| Amounts receivable within one year | 40/41 | €15,762 | €63,582 | +€47,820 | +303.4% |
| Trade receivables | 40 | €4,364 | €53,739 | +€49,375 | +1131.4% |
| Other amounts receivable | 41 | €11,398 | €9,843 | -€1,555 | -13.6% |
| Cash at bank and in hand | 54/58 | €16,542 | €3,539 | -€13,003 | -78.6% |
| Deferred charges and accrued income | 490/1 | €1,784 | €2,172 | +€388 | +21.8% |
| Total equity and liabilities | 10/49 | €100,852 | €155,783 | +€54,931 | +54.5% |
| Equity | 10/15 | €32,514 | -€925 | -€33,439 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €28,219 | €28,000 | -€219 | -0.8% |
| Distributable reserves | 133 | €28,219 | €28,000 | -€219 | -0.8% |
| Profit (loss) carried forward | 14 | -€15,705 | -€48,925 | -€33,220 | -211.5% |
| Amounts payable | 17/49 | €68,338 | €156,709 | +€88,371 | +129.3% |
| Amounts payable within one year | 42/48 | €68,338 | €156,709 | +€88,371 | +129.3% |
| Financial debts | 43 | - | €1,731 | +€1,731 | |
| Credit institutions | 430/8 | - | €1,731 | +€1,731 | |
| Trade debts | 44 | €43,169 | €2,015 | -€41,154 | -95.3% |
| Suppliers | 440/4 | €43,169 | €2,015 | -€41,154 | -95.3% |
| Taxes, remuneration and social security | 45 | €3,263 | - | -€3,263 | |
| Taxes | 450/3 | €3,263 | - | -€3,263 | |
| Other amounts payable | 47/48 | €21,905 | €152,963 | +€131,057 | +598.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €9,427 | - | -€9,427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,857 | €28,358 | +€3,501 | +14.1% |
| Other operating charges | 640/8 | €1,223 | €1,277 | +€53 | +4.3% |
| Non-recurring operating charges | 66A | €478 | - | -€478 | |
| Gross operating margin | 9900 | €15,077 | €1,016 | -€14,061 | -93.3% |
| Operating profit (loss) | 9901 | -€11,481 | -€28,618 | -€17,137 | -149.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,948 | €4,523 | +€574 | +14.5% |
| Recurring financial charges | 65 | €3,948 | €4,523 | +€574 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,430 | -€33,141 | -€17,711 | -114.8% |
| Income taxes | 67/77 | €275 | €298 | +€23 | +8.3% |
| Profit (loss) for the period | 9904 | -€15,705 | -€33,439 | -€17,734 | -112.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,705 | -€33,439 | -€17,734 | -112.9% |
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 4 October 2026 via checked.be.