Alecco: 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.
Alecco
Largest movements
- Deferred charges and accrued income +€8,523
new in 2025: €8,523
- Cash -€2,498
down €2,498 (-22.4%), from €11,169 to €8,671
mainly Contributions, distributions and other (-€12,000) and Deferred charges and accrued income (-€8,523)
- Other debts +€8,990
up €8,990 (+2680.2%), from €335 to €9,326
- Reserves -€3,604
down €3,604 (-8.1%), from €44,276 to €40,672
- Tax, wage and social debts +€1,499
up €1,499 (+44.8%), from €3,345 to €4,844
- Gross operating margin +€3,938
up €3,938 (+33.6%), from €11,735 to €15,673
- Taxes +€1,518
up €1,518 (+56.5%), from €2,687 to €4,205
- Depreciation +€1,017
up €1,017 (+76.7%), from €1,325 to €2,342
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 | €56,600 | €63,055 | +€6,454 | +11.4% |
| Fixed assets | 21/28 | €38,664 | €39,154 | +€490 | +1.3% |
| Tangible fixed assets | 22/27 | €3,664 | €4,154 | +€490 | +13.4% |
| Plant, machinery and equipment | 23 | - | €1,063 | +€1,063 | |
| Furniture and vehicles | 24 | €3,664 | €3,092 | -€572 | -15.6% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €17,937 | €23,901 | +€5,964 | +33.3% |
| Amounts receivable within one year | 40/41 | €6,767 | €6,706 | -€62 | -0.9% |
| Trade receivables | 40 | €5,082 | €5,393 | +€311 | +6.1% |
| Other amounts receivable | 41 | €1,685 | €1,313 | -€372 | -22.1% |
| Cash at bank and in hand | 54/58 | €11,169 | €8,671 | -€2,498 | -22.4% |
| Deferred charges and accrued income | 490/1 | - | €8,523 | +€8,523 | |
| Total equity and liabilities | 10/49 | €56,600 | €63,055 | +€6,454 | +11.4% |
| Equity | 10/15 | €52,276 | €48,672 | -€3,604 | -6.9% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €44,276 | €40,672 | -€3,604 | -8.1% |
| Distributable reserves | 133 | €44,276 | €40,672 | -€3,604 | -8.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,324 | €14,383 | +€10,059 | +232.6% |
| Amounts payable within one year | 42/48 | €4,174 | €14,383 | +€10,209 | +244.6% |
| Trade debts | 44 | €493 | €213 | -€280 | -56.8% |
| Suppliers | 440/4 | €493 | €213 | -€280 | -56.8% |
| Taxes, remuneration and social security | 45 | €3,345 | €4,844 | +€1,499 | +44.8% |
| Taxes | 450/3 | €3,345 | €4,844 | +€1,499 | +44.8% |
| Other amounts payable | 47/48 | €335 | €9,326 | +€8,990 | +2680.2% |
| Accrued charges and deferred income | 492/3 | €150 | €0 | -€150 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €2,342 | +€1,017 | +76.7% |
| Other operating charges | 640/8 | €505 | €652 | +€146 | +29.0% |
| Gross operating margin | 9900 | €11,735 | €15,673 | +€3,938 | +33.6% |
| Operating profit (loss) | 9901 | €9,905 | €12,679 | +€2,775 | +28.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €71 | €79 | +€8 | +11.4% |
| Recurring financial charges | 65 | €71 | €79 | +€8 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €9,834 | €12,601 | +€2,767 | +28.1% |
| Income taxes | 67/77 | €2,687 | €4,205 | +€1,518 | +56.5% |
| Profit (loss) for the period | 9904 | €7,147 | €8,396 | +€1,249 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,147 | €8,396 | +€1,249 | +17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.