Alincos: 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.
Alincos
Largest movements
- Tangible fixed assets -€16,142
down €16,142 (-31.5%), from €51,321 to €35,180
of which Furniture and vehicles: -€15,646
- Cash +€7,656
up €7,656 (+71.7%), from €10,676 to €18,332
mainly Depreciation (+€16,142) and Other debts (+€9,267)
- Receivables within one year +€3,788
up €3,788 (+25.9%), from €14,654 to €18,442
of which Trade receivables: +€4,563
- Debts after one year -€11,449
down €11,449 (-45.0%), from €25,445 to €13,995
- Other debts +€9,267
up €9,267 (+111%), from €8,325 to €17,592
- Reserves -€7,236
down €7,236 (-56.7%), from €12,763 to €5,527
- Tax, wage and social debts +€4,236
up €4,236 (+184%), from €2,307 to €6,543
- Gross operating margin -€9,128
down €9,128 (-24.0%), from €38,051 to €28,923
- Taxes -€1,726
down €1,726 (-32.5%), from €5,303 to €3,577
- Financial charges -€475
down €475 (-23.7%), from €2,006 to €1,531
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,994 | €74,198 | -€4,796 | -6.1% |
| Fixed assets | 21/28 | €51,321 | €35,180 | -€16,142 | -31.5% |
| Tangible fixed assets | 22/27 | €51,321 | €35,180 | -€16,142 | -31.5% |
| Plant, machinery and equipment | 23 | €3,153 | €2,657 | -€496 | -15.7% |
| Furniture and vehicles | 24 | €48,168 | €32,522 | -€15,646 | -32.5% |
| Current assets | 29/58 | €27,673 | €39,018 | +€11,345 | +41.0% |
| Amounts receivable within one year | 40/41 | €14,654 | €18,442 | +€3,788 | +25.9% |
| Trade receivables | 40 | €9,957 | €14,519 | +€4,563 | +45.8% |
| Other amounts receivable | 41 | €4,697 | €3,923 | -€775 | -16.5% |
| Cash at bank and in hand | 54/58 | €10,676 | €18,332 | +€7,656 | +71.7% |
| Deferred charges and accrued income | 490/1 | €2,343 | €2,244 | -€99 | -4.2% |
| Total equity and liabilities | 10/49 | €78,994 | €74,198 | -€4,796 | -6.1% |
| Equity | 10/15 | €31,363 | €24,127 | -€7,236 | -23.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,763 | €5,527 | -€7,236 | -56.7% |
| Distributable reserves | 133 | €12,763 | €5,527 | -€7,236 | -56.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €47,632 | €50,071 | +€2,439 | +5.1% |
| Amounts payable after more than one year | 17 | €25,445 | €13,995 | -€11,449 | -45.0% |
| Financial debts | 170/4 | €25,445 | €13,995 | -€11,449 | -45.0% |
| Amounts payable within one year | 42/48 | €22,187 | €36,076 | +€13,889 | +62.6% |
| Current portion of amounts payable after more than one year | 42 | €10,967 | €11,449 | +€482 | +4.4% |
| Trade debts | 44 | €588 | €491 | -€97 | -16.4% |
| Suppliers | 440/4 | €588 | €491 | -€97 | -16.4% |
| Taxes, remuneration and social security | 45 | €2,307 | €6,543 | +€4,236 | +184% |
| Taxes | 450/3 | €2,307 | €6,543 | +€4,236 | +184% |
| Other amounts payable | 47/48 | €8,325 | €17,592 | +€9,267 | +111% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,078 | €16,142 | +€64 | +0.4% |
| Other operating charges | 640/8 | €1,043 | €1,299 | +€256 | +24.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €38,051 | €28,923 | -€9,128 | -24.0% |
| Operating profit (loss) | 9901 | €20,931 | €11,482 | -€9,449 | -45.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,006 | €1,531 | -€475 | -23.7% |
| Recurring financial charges | 65 | €2,006 | €1,531 | -€475 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €18,925 | €9,951 | -€8,974 | -47.4% |
| Income taxes | 67/77 | €5,303 | €3,577 | -€1,726 | -32.5% |
| Profit (loss) for the period | 9904 | €13,622 | €6,373 | -€7,249 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,622 | €6,373 | -€7,249 | -53.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.