ALKORYS: 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.
ALKORYS
Largest movements
- Current investments +€198,305
new in 2025: €198,305
- Cash +€28,084
up €28,084 (+18639.6%), from €151 to €28,235
mainly Net result for the year (+€107,495) and Debts after one year (+€81,195)
- Receivables within one year -€12,942
down €12,942 (-41.8%), from €30,978 to €18,036
of which Trade receivables: -€13,425
- Reserves +€107,495
up €107,495 (+1729.1%), from €6,217 to €113,712
- Debts after one year +€81,195
new in 2025: €81,195
- Tax, wage and social debts +€27,289
up €27,289 (+1659.6%), from €1,644 to €28,933
- Current portion of long-term debt +€18,805
new in 2025: €18,805
- Trade debts -€16,631
down €16,631 (-97.2%), from €17,113 to €482
- Gross operating margin +€139,780
up €139,780 (+1766.5%), from €7,913 to €147,693
- Taxes +€37,289
up €37,289 (+2267.7%), from €1,644 to €38,933
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 | €31,837 | €247,327 | +€215,490 | +676.9% |
| Fixed assets | 21/28 | - | €1,500 | +€1,500 | |
| Financial fixed assets | 28 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €31,837 | €245,827 | +€213,990 | +672.1% |
| Amounts receivable within one year | 40/41 | €30,978 | €18,036 | -€12,942 | -41.8% |
| Trade receivables | 40 | €30,978 | €17,553 | -€13,425 | -43.3% |
| Other amounts receivable | 41 | - | €484 | +€484 | |
| Current investments | 50/53 | - | €198,305 | +€198,305 | |
| Cash at bank and in hand | 54/58 | €151 | €28,235 | +€28,084 | +18639.6% |
| Deferred charges and accrued income | 490/1 | €708 | €1,251 | +€542 | +76.6% |
| Total equity and liabilities | 10/49 | €31,837 | €247,327 | +€215,490 | +676.9% |
| Equity | 10/15 | €9,717 | €117,212 | +€107,495 | +1106.3% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €6,217 | €113,712 | +€107,495 | +1729.1% |
| Distributable reserves | 133 | €6,217 | €113,712 | +€107,495 | +1729.1% |
| Amounts payable | 17/49 | €22,120 | €130,115 | +€107,995 | +488.2% |
| Amounts payable after more than one year | 17 | - | €81,195 | +€81,195 | |
| Financial debts | 170/4 | - | €81,195 | +€81,195 | |
| Amounts payable within one year | 42/48 | €21,900 | €48,220 | +€26,319 | +120.2% |
| Current portion of amounts payable after more than one year | 42 | - | €18,805 | +€18,805 | |
| Trade debts | 44 | €17,113 | €482 | -€16,631 | -97.2% |
| Suppliers | 440/4 | €17,113 | €482 | -€16,631 | -97.2% |
| Taxes, remuneration and social security | 45 | €1,644 | €28,933 | +€27,289 | +1659.6% |
| Taxes | 450/3 | €1,644 | €28,933 | +€27,289 | +1659.6% |
| Other amounts payable | 47/48 | €3,143 | €0 | -€3,143 | -100.0% |
| Accrued charges and deferred income | 492/3 | €220 | €700 | +€480 | +218.2% |
| Other operating charges | 640/8 | €38 | €809 | +€771 | +2029.8% |
| Gross operating margin | 9900 | €7,913 | €147,693 | +€139,780 | +1766.5% |
| Operating profit (loss) | 9901 | €7,875 | €146,884 | +€139,009 | +1765.2% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €14 | €489 | +€475 | +3456.6% |
| Recurring financial charges | 65 | €14 | €489 | +€475 | +3456.6% |
| Profit (loss) for the period before taxes | 9903 | €7,861 | €146,428 | +€138,567 | +1762.7% |
| Income taxes | 67/77 | €1,644 | €38,933 | +€37,289 | +2267.7% |
| Profit (loss) for the period | 9904 | €6,217 | €107,495 | +€101,278 | +1629.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,217 | €107,495 | +€101,278 | +1629.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.