ALICO: 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.
ALICO
Largest movements
- Tangible fixed assets -€197,547
down €197,547 (-20.3%), from €971,912 to €774,365
of which Land and buildings: -€119,325
- Receivables within one year -€172,771
down €172,771 (-17.8%), from €970,400 to €797,629
of which Other amounts receivable: -€162,854
- Cash +€92,554
up €92,554 (+48.1%), from €192,476 to €285,030
mainly Depreciation (+€205,655) and Receivables within one year (+€172,771)
- Deferred charges and accrued income +€26,890
up €26,890 (+168.6%), from €15,945 to €42,835
- Profit (loss) carried forward -€229,618
no longer reported in 2025 (was €229,618)
- Reserves +€186,925
up €186,925 (+25.4%), from €736,190 to €923,115
of which Distributable reserves: +€186,925
- Debts after one year -€176,710
down €176,710 (-24.4%), from €723,820 to €547,110
- Trade debts -€53,125
down €53,125 (-18.7%), from €283,923 to €230,798
- Other debts -€45,944
down €45,944 (-48.8%), from €94,107 to €48,163
- Gross operating margin +€106,014
up €106,014 (+9.2%), from €1.2m to €1.3m
- Staff costs +€101,240
up €101,240 (+12.4%), from €819,426 to €920,666
- Other operating charges -€19,381
down €19,381 (-45.7%), from €42,438 to €23,057
- Taxes +€18,144
up €18,144 (+172.4%), from €10,525 to €28,669
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 | €2,666,705 | €2,392,734 | -€273,971 | -10.3% |
| Formation expenses | 20 | €248 | - | -€248 | |
| Fixed assets | 21/28 | €1,072,229 | €874,682 | -€197,547 | -18.4% |
| Tangible fixed assets | 22/27 | €971,912 | €774,365 | -€197,547 | -20.3% |
| Land and buildings | 22 | €628,670 | €509,345 | -€119,325 | -19.0% |
| Plant, machinery and equipment | 23 | €173,576 | €146,310 | -€27,266 | -15.7% |
| Furniture and vehicles | 24 | €169,666 | €118,710 | -€50,956 | -30.0% |
| Financial fixed assets | 28 | €100,317 | €100,317 | +€0 | 0.0% |
| Current assets | 29/58 | €1,594,228 | €1,518,052 | -€76,176 | -4.8% |
| Stocks and contracts in progress | 3 | €403,973 | €381,123 | -€22,850 | -5.7% |
| Stocks | 30/36 | €403,973 | €381,123 | -€22,850 | -5.7% |
| Amounts receivable within one year | 40/41 | €970,400 | €797,629 | -€172,771 | -17.8% |
| Trade receivables | 40 | €122,155 | €112,238 | -€9,917 | -8.1% |
| Other amounts receivable | 41 | €848,245 | €685,391 | -€162,854 | -19.2% |
| Current investments | 50/53 | €11,434 | €11,434 | +€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €192,476 | €285,030 | +€92,554 | +48.1% |
| Deferred charges and accrued income | 490/1 | €15,945 | €42,835 | +€26,890 | +168.6% |
| Total equity and liabilities | 10/49 | €2,666,705 | €2,392,734 | -€273,971 | -10.3% |
| Equity | 10/15 | €1,265,808 | €1,223,115 | -€42,693 | -3.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €736,190 | €923,115 | +€186,925 | +25.4% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €649,940 | €836,865 | +€186,925 | +28.8% |
| Profit (loss) carried forward | 14 | €229,618 | - | -€229,618 | |
| Amounts payable | 17/49 | €1,400,897 | €1,169,619 | -€231,278 | -16.5% |
| Amounts payable after more than one year | 17 | €723,820 | €547,110 | -€176,710 | -24.4% |
| Financial debts | 170/4 | €723,820 | €547,110 | -€176,710 | -24.4% |
| Amounts payable within one year | 42/48 | €656,597 | €589,509 | -€67,088 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €184,193 | €179,246 | -€4,947 | -2.7% |
| Trade debts | 44 | €283,923 | €230,798 | -€53,125 | -18.7% |
| Suppliers | 440/4 | €283,923 | €230,798 | -€53,125 | -18.7% |
| Advances received on contracts in progress | 46 | €5,966 | - | -€5,966 | |
| Taxes, remuneration and social security | 45 | €88,408 | €131,302 | +€42,894 | +48.5% |
| Taxes | 450/3 | €18,615 | €50,620 | +€32,005 | +171.9% |
| Remuneration and social security | 454/9 | €69,793 | €80,682 | +€10,889 | +15.6% |
| Other amounts payable | 47/48 | €94,107 | €48,163 | -€45,944 | -48.8% |
| Accrued charges and deferred income | 492/3 | €20,480 | €33,000 | +€12,520 | +61.1% |
| Remuneration, social security and pensions | 62 | €819,426 | €920,666 | +€101,240 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €202,883 | €205,655 | +€2,772 | +1.4% |
| Other operating charges | 640/8 | €42,438 | €23,057 | -€19,381 | -45.7% |
| Non-recurring operating charges | 66A | €3,605 | - | -€3,605 | |
| Gross operating margin | 9900 | €1,155,680 | €1,261,694 | +€106,014 | +9.2% |
| Operating profit (loss) | 9901 | €87,328 | €112,316 | +€24,988 | +28.6% |
| Financial income | 75/76B | €6,791 | €5,876 | -€915 | -13.5% |
| Recurring financial income | 75 | €6,791 | €5,876 | -€915 | -13.5% |
| Financial charges | 65/66B | €55,431 | €56,809 | +€1,378 | +2.5% |
| Recurring financial charges | 65 | €55,431 | €56,809 | +€1,378 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €38,688 | €61,383 | +€22,695 | +58.7% |
| Income taxes | 67/77 | €10,525 | €28,669 | +€18,144 | +172.4% |
| Profit (loss) for the period | 9904 | €28,163 | €32,714 | +€4,551 | +16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,163 | €32,714 | +€4,551 | +16.2% |
Source: filed annual accounts (NBB), fiscal years ended 29 February 2024 and 28 February 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.