ALEMCO: 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.
ALEMCO
Largest movements
- Cash +€30,185
up €30,185 (+39.9%), from €75,656 to €105,840
mainly Net result for the year (+€39,690) and Tax, wage and social debts (+€8,139)
- Receivables within one year +€12,691
up €12,691 (+177.6%), from €7,147 to €19,839
of which Trade receivables: +€17,869
- Deferred charges and accrued income +€2,894
up €2,894 (+54.0%), from €5,364 to €8,258
- Reserves +€38,024
up €38,024 (+48.7%), from €78,018 to €116,041
- Tax, wage and social debts +€8,139
up €8,139 (+80.9%), from €10,057 to €18,197
of which Taxes: +€8,139
- Other debts +€1,846
up €1,846 (+153.5%), from €1,203 to €3,049
- Trade debts -€1,603
down €1,603 (-40.2%), from €3,992 to €2,389
- Gross operating margin +€10,994
up €10,994 (+24.3%), from €45,319 to €56,313
- Taxes +€2,328
up €2,328 (+25.7%), from €9,064 to €11,392
- Financial charges +€2,005
up €2,005 (+2289.2%), from €88 to €2,093
- Financial income +€618
up €618 (+99.2%), from €623 to €1,241
- Depreciation +€564
up €564 (+46.2%), from €1,221 to €1,785
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 | €95,269 | €141,675 | +€46,406 | +48.7% |
| Fixed assets | 21/28 | €7,103 | €7,738 | +€636 | +8.9% |
| Tangible fixed assets | 22/27 | €7,103 | €7,738 | +€636 | +8.9% |
| Plant, machinery and equipment | 23 | €1,552 | €2,789 | +€1,237 | +79.8% |
| Furniture and vehicles | 24 | €5,551 | €4,950 | -€602 | -10.8% |
| Current assets | 29/58 | €88,167 | €133,937 | +€45,770 | +51.9% |
| Amounts receivable within one year | 40/41 | €7,147 | €19,839 | +€12,691 | +177.6% |
| Trade receivables | 40 | €1,970 | €19,839 | +€17,869 | +907.0% |
| Other amounts receivable | 41 | €5,177 | €0 | -€5,177 | -100.0% |
| Cash at bank and in hand | 54/58 | €75,656 | €105,840 | +€30,185 | +39.9% |
| Deferred charges and accrued income | 490/1 | €5,364 | €8,258 | +€2,894 | +54.0% |
| Total equity and liabilities | 10/49 | €95,269 | €141,675 | +€46,406 | +48.7% |
| Equity | 10/15 | €80,018 | €118,041 | +€38,024 | +47.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €78,018 | €116,041 | +€38,024 | +48.7% |
| Distributable reserves | 133 | €78,018 | €116,041 | +€38,024 | +48.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €15,252 | €23,634 | +€8,382 | +55.0% |
| Amounts payable within one year | 42/48 | €15,252 | €23,634 | +€8,382 | +55.0% |
| Trade debts | 44 | €3,992 | €2,389 | -€1,603 | -40.2% |
| Suppliers | 440/4 | €3,992 | €2,389 | -€1,603 | -40.2% |
| Taxes, remuneration and social security | 45 | €10,057 | €18,197 | +€8,139 | +80.9% |
| Taxes | 450/3 | €10,057 | €18,197 | +€8,139 | +80.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,203 | €3,049 | +€1,846 | +153.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €1,785 | +€564 | +46.2% |
| Other operating charges | 640/8 | €2,787 | €2,595 | -€193 | -6.9% |
| Gross operating margin | 9900 | €45,319 | €56,313 | +€10,994 | +24.3% |
| Operating profit (loss) | 9901 | €41,311 | €51,933 | +€10,622 | +25.7% |
| Financial income | 75/76B | €623 | €1,241 | +€618 | +99.2% |
| Recurring financial income | 75 | €623 | €1,241 | +€618 | +99.2% |
| Financial charges | 65/66B | €88 | €2,093 | +€2,005 | +2289.2% |
| Recurring financial charges | 65 | €88 | €2,093 | +€2,005 | +2289.2% |
| Profit (loss) for the period before taxes | 9903 | €41,847 | €51,082 | +€9,235 | +22.1% |
| Income taxes | 67/77 | €9,064 | €11,392 | +€2,328 | +25.7% |
| Profit (loss) for the period | 9904 | €32,783 | €39,690 | +€6,907 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,783 | €39,690 | +€6,907 | +21.1% |
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.