ALKOVER: 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.
ALKOVER
Largest movements
- Tangible fixed assets -€70,598
down €70,598 (-15.7%), from €449,236 to €378,639
of which Furniture and vehicles: -€48,964
- Cash -€60,486
down €60,486 (-19.2%), from €314,599 to €254,112
mainly Contributions, distributions and other (-€225,500) and Debts after one year (-€101,420)
- Other debts +€195,873
up €195,873 (+636.2%), from €30,789 to €226,662
- Reserves -€192,250
down €192,250 (-43.3%), from €444,500 to €252,250
- Debts after one year -€101,420
down €101,420 (-62.3%), from €162,697 to €61,277
of which Financial debts: -€68,870
- Trade debts -€20,271
down €20,271 (-37.7%), from €53,769 to €33,498
- Tax, wage and social debts -€19,354
down €19,354 (-44.7%), from €43,264 to €23,911
- Gross operating margin -€66,002
down €66,002 (-28.9%), from €228,575 to €162,573
- Taxes -€21,052
down €21,052 (-64.7%), from €32,557 to €11,505
- Financial charges -€2,663
down €2,663 (-27.7%), from €9,612 to €6,948
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 | €834,710 | €700,165 | -€134,546 | -16.1% |
| Fixed assets | 21/28 | €449,236 | €378,639 | -€70,598 | -15.7% |
| Tangible fixed assets | 22/27 | €449,236 | €378,639 | -€70,598 | -15.7% |
| Land and buildings | 22 | €189,141 | €199,841 | +€10,701 | +5.7% |
| Plant, machinery and equipment | 23 | €120,188 | €87,854 | -€32,334 | -26.9% |
| Furniture and vehicles | 24 | €139,908 | €90,943 | -€48,964 | -35.0% |
| Current assets | 29/58 | €385,474 | €321,526 | -€63,948 | -16.6% |
| Amounts receivable within one year | 40/41 | €63,600 | €61,628 | -€1,972 | -3.1% |
| Trade receivables | 40 | €63,326 | €52,498 | -€10,827 | -17.1% |
| Other amounts receivable | 41 | €274 | €9,130 | +€8,855 | +3226.3% |
| Cash at bank and in hand | 54/58 | €314,599 | €254,112 | -€60,486 | -19.2% |
| Deferred charges and accrued income | 490/1 | €7,275 | €5,786 | -€1,489 | -20.5% |
| Total equity and liabilities | 10/49 | €834,710 | €700,165 | -€134,546 | -16.1% |
| Equity | 10/15 | €467,352 | €275,121 | -€192,231 | -41.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €444,500 | €252,250 | -€192,250 | -43.3% |
| Distributable reserves | 133 | €444,500 | €252,250 | -€192,250 | -43.3% |
| Profit (loss) carried forward | 14 | €4,260 | €4,279 | +€19 | +0.5% |
| Amounts payable | 17/49 | €367,358 | €425,043 | +€57,685 | +15.7% |
| Amounts payable after more than one year | 17 | €162,697 | €61,277 | -€101,420 | -62.3% |
| Financial debts | 170/4 | €110,147 | €41,277 | -€68,870 | -62.5% |
| Other amounts payable | 178/9 | €52,550 | €20,000 | -€32,550 | -61.9% |
| Amounts payable within one year | 42/48 | €204,662 | €363,767 | +€159,105 | +77.7% |
| Current portion of amounts payable after more than one year | 42 | €76,840 | €67,969 | -€8,871 | -11.5% |
| Financial debts | 43 | - | €11,728 | +€11,728 | |
| Credit institutions | 430/8 | - | €11,728 | +€11,728 | |
| Trade debts | 44 | €53,769 | €33,498 | -€20,271 | -37.7% |
| Suppliers | 440/4 | €53,769 | €33,498 | -€20,271 | -37.7% |
| Taxes, remuneration and social security | 45 | €43,264 | €23,911 | -€19,354 | -44.7% |
| Taxes | 450/3 | €43,264 | €23,911 | -€19,354 | -44.7% |
| Other amounts payable | 47/48 | €30,789 | €226,662 | +€195,873 | +636.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,173 | €96,249 | +€1,076 | +1.1% |
| Other operating charges | 640/8 | €13,966 | €12,749 | -€1,217 | -8.7% |
| Non-recurring operating charges | 66A | - | €1,876 | +€1,876 | |
| Gross operating margin | 9900 | €228,575 | €162,573 | -€66,002 | -28.9% |
| Operating profit (loss) | 9901 | €119,436 | €51,698 | -€67,738 | -56.7% |
| Financial income | 75/76B | €312 | €25 | -€287 | -92.0% |
| Recurring financial income | 75 | €312 | €25 | -€287 | -92.0% |
| Financial charges | 65/66B | €9,612 | €6,948 | -€2,663 | -27.7% |
| Recurring financial charges | 65 | €9,612 | €6,948 | -€2,663 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | €110,136 | €44,775 | -€65,362 | -59.3% |
| Income taxes | 67/77 | €32,557 | €11,505 | -€21,052 | -64.7% |
| Profit (loss) for the period | 9904 | €77,579 | €33,269 | -€44,309 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,579 | €33,269 | -€44,309 | -57.1% |
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 11 October 2026 via checked.be.