ALECS CONSTRUCT: 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.
ALECS CONSTRUCT
Largest movements
- Receivables within one year -€4,401
down €4,401 (-1.8%), from €247,594 to €243,193
of which Trade receivables: -€5,820
- Cash +€3,762
up €3,762 (+666%), from €565 to €4,328
mainly Receivables within one year (+€4,401) and Investment in fixed assets (net) (+€3,111)
- Tangible fixed assets -€3,111
no longer reported in 2025 (was €3,111)
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€101,526
down €101,526 (-25.3%), from €401,931 to €300,406
- Purchases and services -€99,124
down €99,124 (-25.5%), from €388,389 to €289,265
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.
Derived cash bridge
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 | €251,270 | €247,521 | -€3,749 | -1.5% |
| Fixed assets | 21/28 | €3,111 | - | -€3,111 | |
| Tangible fixed assets | 22/27 | €3,111 | - | -€3,111 | |
| Furniture and vehicles | 24 | €3,111 | - | -€3,111 | |
| Current assets | 29/58 | €248,159 | €247,521 | -€638 | -0.3% |
| Amounts receivable within one year | 40/41 | €247,594 | €243,193 | -€4,401 | -1.8% |
| Trade receivables | 40 | €98,021 | €92,201 | -€5,820 | -5.9% |
| Other amounts receivable | 41 | €149,573 | €150,992 | +€1,419 | +0.9% |
| Cash at bank and in hand | 54/58 | €565 | €4,328 | +€3,762 | +666% |
| Total equity and liabilities | 10/49 | €251,270 | €247,521 | -€3,749 | -1.5% |
| Equity | 10/15 | €146,988 | €147,468 | +€480 | +0.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €138,628 | €139,108 | +€480 | +0.3% |
| Provisions and deferred taxes | 16 | €11,000 | €11,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €11,000 | €11,000 | = | 0.0% |
| Environmental obligations | 163 | €11,000 | €11,000 | = | 0.0% |
| Amounts payable | 17/49 | €93,283 | €89,054 | -€4,229 | -4.5% |
| Amounts payable within one year | 42/48 | €93,283 | €89,054 | -€4,229 | -4.5% |
| Trade debts | 44 | €86,002 | €84,026 | -€1,976 | -2.3% |
| Suppliers | 440/4 | €86,002 | €84,026 | -€1,976 | -2.3% |
| Taxes, remuneration and social security | 45 | €7,281 | €5,028 | -€2,253 | -30.9% |
| Taxes | 450/3 | €7,281 | €5,028 | -€2,253 | -30.9% |
| Turnover | 70 | €401,931 | €300,406 | -€101,526 | -25.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €388,389 | €289,265 | -€99,124 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,010 | - | -€3,010 | |
| Other operating charges | 640/8 | €1,370 | €5,327 | +€3,957 | +289% |
| Gross operating margin | 9900 | €13,563 | €11,141 | -€2,422 | -17.9% |
| Operating profit (loss) | 9901 | €9,183 | €5,814 | -€3,369 | -36.7% |
| Financial charges | 65/66B | €271 | €191 | -€80 | -29.5% |
| Recurring financial charges | 65 | €271 | €191 | -€80 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €8,911 | €5,623 | -€3,289 | -36.9% |
| Income taxes | 67/77 | €2,640 | €5,143 | +€2,503 | +94.8% |
| Profit (loss) for the period | 9904 | €6,271 | €480 | -€5,791 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,271 | €480 | -€5,791 | -92.3% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.