ALCS: 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.
ALCS
Largest movements
- Cash -€20,243
down €20,243 (-57.6%), from €35,154 to €14,911
mainly Net result for the year (-€50,226) and Tax, wage and social debts (-€6,296)
- Receivables within one year -€13,596
down €13,596 (-53.0%), from €25,658 to €12,062
of which Trade receivables: -€13,948
- Tangible fixed assets -€7,477
down €7,477 (-22.9%), from €32,627 to €25,150
of which Furniture and vehicles: -€7,320
- Profit (loss) carried forward -€50,226
down €50,226 (-98.7%), from €50,885 to €659
- Other debts +€13,989
up €13,989 (+51.2%), from €27,310 to €41,299
- Tax, wage and social debts -€6,296
down €6,296 (-56.6%), from €11,126 to €4,830
- Trade debts +€1,367
up €1,367 (+102.2%), from €1,337 to €2,704
- Gross operating margin -€69,188
down €69,188, from €30,016 to -€39,172
- Taxes -€4,388
down €4,388 (-92.0%), from €4,770 to €382
- Depreciation +€2,331
up €2,331 (+30.7%), from €7,589 to €9,920
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 | €93,658 | €52,492 | -€41,166 | -44.0% |
| Fixed assets | 21/28 | €32,627 | €25,150 | -€7,477 | -22.9% |
| Tangible fixed assets | 22/27 | €32,627 | €25,150 | -€7,477 | -22.9% |
| Plant, machinery and equipment | 23 | €677 | €520 | -€157 | -23.2% |
| Furniture and vehicles | 24 | €31,950 | €24,630 | -€7,320 | -22.9% |
| Current assets | 29/58 | €61,031 | €27,342 | -€33,689 | -55.2% |
| Amounts receivable within one year | 40/41 | €25,658 | €12,062 | -€13,596 | -53.0% |
| Trade receivables | 40 | €13,948 | - | -€13,948 | |
| Other amounts receivable | 41 | €11,710 | €12,062 | +€352 | +3.0% |
| Cash at bank and in hand | 54/58 | €35,154 | €14,911 | -€20,243 | -57.6% |
| Deferred charges and accrued income | 490/1 | €219 | €369 | +€150 | +68.5% |
| Total equity and liabilities | 10/49 | €93,658 | €52,492 | -€41,166 | -44.0% |
| Equity | 10/15 | €53,885 | €3,659 | -€50,226 | -93.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,885 | €659 | -€50,226 | -98.7% |
| Amounts payable | 17/49 | €39,773 | €48,833 | +€9,060 | +22.8% |
| Amounts payable within one year | 42/48 | €39,773 | €48,833 | +€9,060 | +22.8% |
| Trade debts | 44 | €1,337 | €2,704 | +€1,367 | +102.2% |
| Suppliers | 440/4 | €1,337 | €2,704 | +€1,367 | +102.2% |
| Taxes, remuneration and social security | 45 | €11,126 | €4,830 | -€6,296 | -56.6% |
| Taxes | 450/3 | €11,126 | €4,830 | -€6,296 | -56.6% |
| Other amounts payable | 47/48 | €27,310 | €41,299 | +€13,989 | +51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,589 | €9,920 | +€2,331 | +30.7% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Non-recurring operating charges | 66A | €1,449 | - | -€1,449 | |
| Gross operating margin | 9900 | €30,016 | -€39,172 | -€69,188 | |
| Operating profit (loss) | 9901 | €20,591 | -€49,492 | -€70,083 | |
| Financial charges | 65/66B | €176 | €352 | +€176 | +100.0% |
| Recurring financial charges | 65 | €176 | €352 | +€176 | +100.0% |
| Profit (loss) for the period before taxes | 9903 | €20,415 | -€49,844 | -€70,259 | |
| Income taxes | 67/77 | €4,770 | €382 | -€4,388 | -92.0% |
| Profit (loss) for the period | 9904 | €15,645 | -€50,226 | -€65,871 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,645 | -€50,226 | -€65,871 |
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.