ALICATO: 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.
ALICATO
Largest movements
- Cash -€23,458
down €23,458 (-82.0%), from €28,614 to €5,156
mainly Net result for the year (-€19,433) and Tax, wage and social debts (-€4,626)
- Tangible fixed assets -€6,987
down €6,987 (-53.1%), from €13,161 to €6,174
of which Leasing and similar rights: -€5,609
- Receivables within one year +€1,120
up €1,120 (+11.2%), from €9,991 to €11,111
of which Trade receivables: +€933
- Profit (loss) carried forward -€19,433
down €19,433 (-63.6%), from €30,567 to €11,134
- Tax, wage and social debts -€4,626
down €4,626 (-46.0%), from €10,060 to €5,434
- Current portion of long-term debt -€4,289
down €4,289 (-74.8%), from €5,731 to €1,442
- Debts after one year -€962
no longer reported in 2025 (was €962)
- Gross operating margin -€28,515
down €28,515, from €18,737 to -€9,778
- Taxes -€3,778
down €3,778 (-92.9%), from €4,066 to €288
- Depreciation +€318
up €318 (+4.1%), from €7,669 to €7,987
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 | €51,766 | €22,441 | -€29,325 | -56.6% |
| Fixed assets | 21/28 | €13,161 | €6,174 | -€6,987 | -53.1% |
| Tangible fixed assets | 22/27 | €13,161 | €6,174 | -€6,987 | -53.1% |
| Land and buildings | 22 | €3,252 | €2,156 | -€1,096 | -33.7% |
| Plant, machinery and equipment | 23 | - | €887 | +€887 | |
| Furniture and vehicles | 24 | €2,334 | €1,165 | -€1,169 | -50.1% |
| Leasing and similar rights | 25 | €7,575 | €1,966 | -€5,609 | -74.0% |
| Current assets | 29/58 | €38,605 | €16,267 | -€22,338 | -57.9% |
| Amounts receivable within one year | 40/41 | €9,991 | €11,111 | +€1,120 | +11.2% |
| Trade receivables | 40 | €9,680 | €10,613 | +€933 | +9.6% |
| Other amounts receivable | 41 | €311 | €498 | +€187 | +60.1% |
| Cash at bank and in hand | 54/58 | €28,614 | €5,156 | -€23,458 | -82.0% |
| Total equity and liabilities | 10/49 | €51,766 | €22,441 | -€29,325 | -56.6% |
| Equity | 10/15 | €33,567 | €14,134 | -€19,433 | -57.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,567 | €11,134 | -€19,433 | -63.6% |
| Amounts payable | 17/49 | €18,199 | €8,307 | -€9,892 | -54.4% |
| Amounts payable after more than one year | 17 | €962 | - | -€962 | |
| Financial debts | 170/4 | €962 | - | -€962 | |
| Amounts payable within one year | 42/48 | €17,237 | €8,307 | -€8,930 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €5,731 | €1,442 | -€4,289 | -74.8% |
| Financial debts | 43 | €204 | €448 | +€244 | +120% |
| Credit institutions | 430/8 | €204 | €448 | +€244 | +120% |
| Trade debts | 44 | €1,242 | €983 | -€259 | -20.9% |
| Suppliers | 440/4 | €1,242 | €983 | -€259 | -20.9% |
| Taxes, remuneration and social security | 45 | €10,060 | €5,434 | -€4,626 | -46.0% |
| Taxes | 450/3 | €10,060 | €5,434 | -€4,626 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,669 | €7,987 | +€318 | +4.1% |
| Other operating charges | 640/8 | €1,015 | €968 | -€47 | -4.6% |
| Non-recurring operating charges | 66A | €63 | €169 | +€106 | +168% |
| Gross operating margin | 9900 | €18,737 | -€9,778 | -€28,515 | |
| Operating profit (loss) | 9901 | €9,990 | -€18,902 | -€28,892 | |
| Financial income | 75/76B | €158 | - | -€158 | |
| Recurring financial income | 75 | €158 | - | -€158 | |
| Financial charges | 65/66B | €340 | €243 | -€97 | -28.5% |
| Recurring financial charges | 65 | €340 | €243 | -€97 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €9,808 | -€19,145 | -€28,953 | |
| Income taxes | 67/77 | €4,066 | €288 | -€3,778 | -92.9% |
| Profit (loss) for the period | 9904 | €5,742 | -€19,433 | -€25,175 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,742 | -€19,433 | -€25,175 |
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 21 October 2026 via checked.be.