ALKIM: 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.
ALKIM
Largest movements
- Receivables within one year +€80,239
up €80,239 (+64.8%), from €123,859 to €204,098
of which Trade receivables: +€103,344
- Cash -€72,033
down €72,033 (-75.5%), from €95,403 to €23,370
mainly Receivables within one year (-€80,239) and Debts after one year (-€77,947)
- Stocks and contracts +€20,000
up €20,000 (+33.2%), from €60,299 to €80,299
- Tangible fixed assets -€19,084
down €19,084 (-5.3%), from €363,363 to €344,278
of which Furniture and vehicles: -€15,883
- Intangible fixed assets -€16,504
down €16,504 (-21.9%), from €75,507 to €59,003
- Debts after one year -€77,947
down €77,947 (-48.1%), from €162,021 to €84,074
- Other debts +€55,119
up €55,119 (+94.9%), from €58,066 to €113,184
- Reserves -€51,600
down €51,600 (-27.5%), from €187,520 to €135,920
- Trade debts +€44,548
up €44,548 (+24.8%), from €179,630 to €224,178
- Tax, wage and social debts +€18,790
up €18,790 (+42.0%), from €44,742 to €63,532
of which Taxes: +€11,734
- Gross operating margin -€147,219
down €147,219 (-16.1%), from €915,665 to €768,446
- Financial charges -€77,226
down €77,226 (-28.1%), from €274,826 to €197,600
- Staff costs -€40,889
down €40,889 (-8.2%), from €496,703 to €455,814
- Taxes -€12,161
down €12,161 (-72.1%), from €16,861 to €4,700
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 | €725,186 | €711,049 | -€14,137 | -1.9% |
| Fixed assets | 21/28 | €438,870 | €403,282 | -€35,588 | -8.1% |
| Intangible fixed assets | 21 | €75,507 | €59,003 | -€16,504 | -21.9% |
| Tangible fixed assets | 22/27 | €363,363 | €344,278 | -€19,084 | -5.3% |
| Plant, machinery and equipment | 23 | €332,239 | €329,037 | -€3,202 | -1.0% |
| Furniture and vehicles | 24 | €31,124 | €15,241 | -€15,883 | -51.0% |
| Current assets | 29/58 | €286,316 | €307,768 | +€21,451 | +7.5% |
| Stocks and contracts in progress | 3 | €60,299 | €80,299 | +€20,000 | +33.2% |
| Stocks | 30/36 | €60,299 | €80,299 | +€20,000 | +33.2% |
| Amounts receivable within one year | 40/41 | €123,859 | €204,098 | +€80,239 | +64.8% |
| Trade receivables | 40 | €38,883 | €142,226 | +€103,344 | +266% |
| Other amounts receivable | 41 | €84,977 | €61,872 | -€23,105 | -27.2% |
| Cash at bank and in hand | 54/58 | €95,403 | €23,370 | -€72,033 | -75.5% |
| Deferred charges and accrued income | 490/1 | €6,755 | - | -€6,755 | |
| Total equity and liabilities | 10/49 | €725,186 | €711,049 | -€14,137 | -1.9% |
| Equity | 10/15 | €189,804 | €138,286 | -€51,518 | -27.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €187,520 | €135,920 | -€51,600 | -27.5% |
| Distributable reserves | 133 | €187,520 | €135,920 | -€51,600 | -27.5% |
| Profit (loss) carried forward | 14 | €284 | €366 | +€82 | +28.9% |
| Amounts payable | 17/49 | €535,381 | €572,763 | +€37,381 | +7.0% |
| Amounts payable after more than one year | 17 | €162,021 | €84,074 | -€77,947 | -48.1% |
| Financial debts | 170/4 | €162,021 | €84,074 | -€77,947 | -48.1% |
| Amounts payable within one year | 42/48 | €373,361 | €488,689 | +€115,328 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €81,607 | €75,048 | -€6,559 | -8.0% |
| Financial debts | 43 | €9,315 | €12,747 | +€3,431 | +36.8% |
| Credit institutions | 430/8 | €9,315 | €12,747 | +€3,431 | +36.8% |
| Trade debts | 44 | €179,630 | €224,178 | +€44,548 | +24.8% |
| Suppliers | 440/4 | €179,630 | €224,178 | +€44,548 | +24.8% |
| Taxes, remuneration and social security | 45 | €44,742 | €63,532 | +€18,790 | +42.0% |
| Taxes | 450/3 | €17,295 | €29,029 | +€11,734 | +67.8% |
| Remuneration and social security | 454/9 | €27,447 | €34,503 | +€7,056 | +25.7% |
| Other amounts payable | 47/48 | €58,066 | €113,184 | +€55,119 | +94.9% |
| Remuneration, social security and pensions | 62 | €496,703 | €455,814 | -€40,889 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,071 | €90,066 | -€3,005 | -3.2% |
| Other operating charges | 640/8 | €5,058 | €9,154 | +€4,095 | +81.0% |
| Non-recurring operating charges | 66A | €6,014 | - | -€6,014 | |
| Gross operating margin | 9900 | €915,665 | €768,446 | -€147,219 | -16.1% |
| Operating profit (loss) | 9901 | €314,818 | €213,412 | -€101,406 | -32.2% |
| Financial income | 75/76B | - | €2,370 | +€2,370 | |
| Recurring financial income | 75 | - | €2,370 | +€2,370 | |
| Non-recurring financial income | 76B | - | €2,370 | +€2,370 | |
| Financial charges | 65/66B | €274,826 | €197,600 | -€77,226 | -28.1% |
| Recurring financial charges | 65 | €274,826 | €197,600 | -€77,226 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | €39,993 | €18,182 | -€21,811 | -54.5% |
| Income taxes | 67/77 | €16,861 | €4,700 | -€12,161 | -72.1% |
| Profit (loss) for the period | 9904 | €23,131 | €13,482 | -€9,649 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,131 | €13,482 | -€9,649 | -41.7% |
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 28 October 2026 via checked.be.