ALKEO: 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.
ALKEO
Largest movements
- Receivables within one year +€155,002
up €155,002 (+49.0%), from €316,332 to €471,334
of which Other amounts receivable: +€158,724
- Tangible fixed assets -€32,666
down €32,666 (-5.4%), from €603,885 to €571,218
- Other debts +€300,000
up €300,000 (+956,328%), from €31 to €300,031
- Profit (loss) carried forward -€165,290
down €165,290 (-33.1%), from €499,705 to €334,415
- Trade debts -€66,275
down €66,275 (-33.8%), from €196,348 to €130,073
- Tax, wage and social debts +€46,582
up €46,582 (+9,156%), from €509 to €47,091
- Gross operating margin +€86,145
up €86,145 (+84.2%), from €102,297 to €188,442
- Taxes +€24,583
up €24,583 (+101%), from €24,455 to €49,038
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,044,302 | €1,159,318 | +€115,017 | +11.0% |
| Fixed assets | 21/28 | €628,056 | €595,389 | -€32,666 | -5.2% |
| Tangible fixed assets | 22/27 | €603,885 | €571,218 | -€32,666 | -5.4% |
| Land and buildings | 22 | €603,885 | €571,218 | -€32,666 | -5.4% |
| Financial fixed assets | 28 | €24,171 | €24,171 | = | 0.0% |
| Current assets | 29/58 | €416,246 | €563,929 | +€147,683 | +35.5% |
| Stocks and contracts in progress | 3 | €99,914 | €92,595 | -€7,319 | -7.3% |
| Stocks | 30/36 | €99,914 | €92,595 | -€7,319 | -7.3% |
| Amounts receivable within one year | 40/41 | €316,332 | €471,334 | +€155,002 | +49.0% |
| Trade receivables | 40 | €35,767 | €32,045 | -€3,722 | -10.4% |
| Other amounts receivable | 41 | €280,565 | €439,289 | +€158,724 | +56.6% |
| Total equity and liabilities | 10/49 | €1,044,302 | €1,159,318 | +€115,017 | +11.0% |
| Equity | 10/15 | €847,414 | €682,124 | -€165,290 | -19.5% |
| Contributions | 10/11 | €316,064 | €316,064 | = | 0.0% |
| Reserves | 13 | €31,644 | €31,644 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,644 | €31,644 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,644 | €31,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | €499,705 | €334,415 | -€165,290 | -33.1% |
| Amounts payable | 17/49 | €196,888 | €477,195 | +€280,307 | +142% |
| Amounts payable within one year | 42/48 | €196,888 | €477,195 | +€280,307 | +142% |
| Trade debts | 44 | €196,348 | €130,073 | -€66,275 | -33.8% |
| Suppliers | 440/4 | €196,348 | €130,073 | -€66,275 | -33.8% |
| Taxes, remuneration and social security | 45 | €509 | €47,091 | +€46,582 | +9,156% |
| Taxes | 450/3 | €509 | €47,091 | +€46,582 | +9,156% |
| Other amounts payable | 47/48 | €31 | €300,031 | +€300,000 | +956,328% |
| Other operating charges | 640/8 | €4,370 | €4,900 | +€530 | +12.1% |
| Gross operating margin | 9900 | €102,297 | €188,442 | +€86,145 | +84.2% |
| Operating profit (loss) | 9901 | €97,927 | €183,543 | +€85,616 | +87.4% |
| Financial income | 75/76B | €1,876 | €536 | -€1,340 | -71.4% |
| Recurring financial income | 75 | €1,876 | €536 | -€1,340 | -71.4% |
| Financial charges | 65/66B | €301 | €331 | +€30 | +10.0% |
| Recurring financial charges | 65 | €301 | €331 | +€30 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €99,502 | €183,747 | +€84,245 | +84.7% |
| Income taxes | 67/77 | €24,455 | €49,038 | +€24,583 | +101% |
| Profit (loss) for the period | 9904 | €75,047 | €134,710 | +€59,662 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,047 | €134,710 | +€59,662 | +79.5% |
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 20 October 2026 via checked.be.