Alcrets: 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.
What changed
Alcrets
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.5m
2024 · -€64,568+€6.6m
Equity
€11.6m
2024 · €5.2m+€6.5m
Cash
-
not filed
Balance sheet total
€27.7m
2024 · €23.0m+€4.7m
Largest movements
Assets
- Receivables within one year +€21.1m
up €21.1m (+2,038%), from €1.0m to €22.1m
- Financial fixed assets -€15.9m
down €15.9m (-100.0%), from €15.9m to €4,212
of which Affiliated companies: -€15.9m
- Tangible fixed assets -€309,824
down €309,824 (-5.4%), from €5.7m to €5.4m
of which Leasing and similar rights: -€285,001
Equity and liabilities
- Profit (loss) carried forward +€6.5m
up €6.5m (+328%), from €2.0m to €8.5m
- Debts after one year -€863,530
down €863,530 (-8.2%), from €10.6m to €9.7m
- Other debts -€567,090
down €567,090 (-21.9%), from €2.6m to €2.0m
Income statement
- Financial income +€6.6m
up €6.6m (+14,269%), from €46,163 to €6.6m
of which Non-recurring financial income: +€6.6m
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.
Result 2024
-€64,568
Depreciation
-€47,500
Other operating charges
-€10,265
Other operating items
+€142,745
Financial income
+€6.6m
Financial charges
-€159,919
Taxes
+€40,000
Result 2025
€6.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,966,183 | €27,693,973 | +€4.7m | +20.6% |
| Fixed assets | 21/28 | €21,668,786 | €5,423,960 | -€16.2m | -75.0% |
| Tangible fixed assets | 22/27 | €5,729,572 | €5,419,748 | -€309,824 | -5.4% |
| Land and buildings | 22 | €305,580 | €280,757 | -€24,823 | -8.1% |
| Leasing and similar rights | 25 | €4,521,784 | €4,236,782 | -€285,001 | -6.3% |
| Other tangible fixed assets | 26 | €902,208 | €902,208 | = | 0.0% |
| Financial fixed assets | 28 | €15,939,213 | €4,212 | -€15.9m | -100.0% |
| Affiliated companies | 280/1 | €15,935,001 | €0 | -€15.9m | -100% |
| Participating interests | 280 | €15,935,001 | €0 | -€15.9m | -100% |
| Other financial fixed assets | 284/8 | €4,212 | €4,212 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €4,212 | €4,212 | = | 0.0% |
| Current assets | 29/58 | €1,297,397 | €22,270,013 | +€21.0m | +1,617% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,034,684 | €22,123,278 | +€21.1m | +2,038% |
| Other amounts receivable | 41 | €1,034,684 | €22,123,278 | +€21.1m | +2,038% |
| Deferred charges and accrued income | 490/1 | €262,713 | €146,736 | -€115,977 | -44.1% |
| Total equity and liabilities | 10/49 | €22,966,183 | €27,693,973 | +€4.7m | +20.6% |
| Equity | 10/15 | €5,160,723 | €11,648,078 | +€6.5m | +126% |
| Contributions | 10/11 | €438,498 | €438,498 | = | 0.0% |
| Reserves | 13 | €2,744,279 | €2,744,279 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,724 | €30,724 | = | 0.0% |
| Distributable reserves | 133 | €2,713,555 | €2,713,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,977,946 | €8,465,302 | +€6.5m | +328% |
| Amounts payable | 17/49 | €17,805,460 | €16,045,895 | -€1.8m | -9.9% |
| Amounts payable after more than one year | 17 | €10,563,254 | €9,699,725 | -€863,530 | -8.2% |
| Financial debts | 170/4 | €10,563,254 | €9,699,725 | -€863,530 | -8.2% |
| Leasing and similar obligations | 172 | €3,802,583 | €8,292,502 | +€4.5m | +118% |
| Credit institutions | 173 | €6,760,671 | €1,407,222 | -€5.4m | -79.2% |
| Amounts payable within one year | 42/48 | €3,636,449 | €3,005,788 | -€630,661 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €852,570 | €863,530 | +€10,960 | +1.3% |
| Trade debts | 44 | €153,607 | €119,076 | -€34,531 | -22.5% |
| Suppliers | 440/4 | €153,607 | €119,076 | -€34,531 | -22.5% |
| Taxes, remuneration and social security | 45 | €40,000 | €0 | -€40,000 | -100% |
| Taxes | 450/3 | €40,000 | €0 | -€40,000 | -100% |
| Other amounts payable | 47/48 | €2,590,272 | €2,023,182 | -€567,090 | -21.9% |
| Accrued charges and deferred income | 492/3 | €3,605,757 | €3,340,383 | -€265,374 | -7.4% |
| Operating income | 70/76A | €1,511,193 | €1,609,240 | +€98,048 | +6.5% |
| Other operating income | 74 | €1,299,834 | €1,355,610 | +€55,776 | +4.3% |
| Non-recurring operating income | 76A | €211,359 | €253,631 | +€42,272 | +20.0% |
| Operating charges | 60/66A | €1,042,502 | €1,055,570 | +€13,069 | +1.3% |
| Services and other goods | 61 | €753,160 | €708,462 | -€44,697 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,324 | €309,824 | +€47,500 | +18.1% |
| Other operating charges | 640/8 | €27,018 | €37,283 | +€10,265 | +38.0% |
| Operating profit (loss) | 9901 | €468,691 | €553,670 | +€84,979 | +18.1% |
| Financial income | 75/76B | €46,163 | €6,633,026 | +€6.6m | +14,269% |
| Recurring financial income | 75 | €46,163 | €15,119 | -€31,044 | -67.2% |
| Income from current assets | 751 | €46,163 | €15,119 | -€31,044 | -67.2% |
| Non-recurring financial income | 76B | - | €6,617,907 | +€6.6m | |
| Financial charges | 65/66B | €579,421 | €739,340 | +€159,919 | +27.6% |
| Recurring financial charges | 65 | €579,421 | €566,606 | -€12,815 | -2.2% |
| Debt charges | 650 | €510,187 | €565,497 | +€55,310 | +10.8% |
| Other financial charges | 652/9 | €69,234 | €1,109 | -€68,125 | -98.4% |
| Non-recurring financial charges | 66B | - | €172,734 | +€172,734 | |
| Profit (loss) for the period before taxes | 9903 | -€64,568 | €6,447,356 | +€6.5m | |
| Income taxes | 67/77 | - | -€40,000 | -€40,000 | |
| Tax adjustments and reversals of tax provisions | 77 | - | €40,000 | +€40,000 | |
| Profit (loss) for the period | 9904 | -€64,568 | €6,487,356 | +€6.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,568 | €6,487,356 | +€6.6m |
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 18 October 2026 via checked.be.