ALNICA: 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.
What changed
ALNICA
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€11,320
2024 · -€2,418-€8,903
Equity
€8.3m
2024 · €8.3m-€68,463
Cash
€125
2024 · €87,948-€87,823
Balance sheet total
€19.3m
2024 · €16.7m+€2.6m
Largest movements
Assets
- Tangible fixed assets +€2.4m
up €2.4m (+22.4%), from €10.9m to €13.3m
of which Land and buildings: +€2.4m
- Receivables within one year +€240,192
up €240,192 (+4.5%), from €5.3m to €5.6m
of which Other amounts receivable: +€601,294
Equity and liabilities
- Advances received +€2.0m
up €2.0m (+497%), from €406,951 to €2.4m
- Trade debts +€1.8m
up €1.8m (+108%), from €1.6m to €3.4m
- Current portion of long-term debt -€587,021
down €587,021 (-75.6%), from €776,670 to €189,649
- Provisions -€486,515
down €486,515 (-21.2%), from €2.3m to €1.8m
of which Provisions for liabilities and charges: -€416,450
Income statement
- Gross operating margin -€444,682
down €444,682 (-57.2%), from €777,481 to €332,800
- Provisions -€416,450
new in 2025: -€416,450
- Staff costs -€47,673
down €47,673 (-64.9%), from €73,432 to €25,758
- Taxes +€43,923
up €43,923 (+165%), from €26,680 to €70,602
- Other operating charges +€41,605
up €41,605 (+88.1%), from €47,204 to €88,808
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.
Result 2024
-€2,418
Gross operating margin
-€444,682
Staff costs
+€47,673
Depreciation
-€4,084
Provisions
+€416,450
Other operating charges
-€41,605
Other operating items
+€11,875
Financial income
-€116
Financial charges
+€8,582
Taxes
-€43,923
Deferred taxes and other
+€40,927
Result 2025
-€11,320
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.6m
Investment
-€3.0m
Financing
-€685,258
Cash 2024
€87,948
From operations (derived)
+€3.6m
Net result for the year
-€11,320
Depreciation
+€512,161
Receivables within one year
-€240,192
Deferred charges and accrued income
+€276
Provisions
-€486,515
Trade debts
+€1.8m
Tax, wage and social debts
-€49,570
Advances received
+€2.0m
Other debts
+€92,985
Accrued charges and deferred income
-€47,762
Investment (derived)
-€3.0m
Investment in fixed assets (net)
-€3.0m
Financing
-€685,258
Debts after one year
-€183,277
Current portion of long-term debt
-€587,021
Short-term financial debts
+€142,183
Contributions, distributions and other
-€57,143
Cash 2025
€125
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,693,559 | €19,289,780 | +€2.6m | +15.6% |
| Fixed assets | 21/28 | €11,260,590 | €13,704,718 | +€2.4m | +21.7% |
| Tangible fixed assets | 22/27 | €10,887,955 | €13,332,083 | +€2.4m | +22.4% |
| Land and buildings | 22 | €10,863,685 | €13,302,519 | +€2.4m | +22.4% |
| Plant, machinery and equipment | 23 | €24,270 | €29,564 | +€5,294 | +21.8% |
| Financial fixed assets | 28 | €372,635 | €372,635 | = | 0.0% |
| Current assets | 29/58 | €5,432,969 | €5,585,062 | +€152,093 | +2.8% |
| Amounts receivable within one year | 40/41 | €5,344,745 | €5,584,937 | +€240,192 | +4.5% |
| Trade receivables | 40 | €3,453,528 | €3,092,426 | -€361,102 | -10.5% |
| Other amounts receivable | 41 | €1,891,217 | €2,492,511 | +€601,294 | +31.8% |
| Cash at bank and in hand | 54/58 | €87,948 | €125 | -€87,823 | -99.9% |
| Deferred charges and accrued income | 490/1 | €276 | €0 | -€276 | -100% |
| Total equity and liabilities | 10/49 | €16,693,559 | €19,289,780 | +€2.6m | +15.6% |
| Equity | 10/15 | €8,319,099 | €8,250,636 | -€68,463 | -0.8% |
| Contributions | 10/11 | €77,000 | €77,000 | = | 0.0% |
| Capital | 10 | €77,000 | €77,000 | = | 0.0% |
| Issued capital | 100 | €77,000 | €77,000 | = | 0.0% |
| Reserves | 13 | €8,242,099 | €8,173,636 | -€68,463 | -0.8% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Legal reserve | 130 | €7,700 | €7,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,098,792 | €6,888,597 | -€210,194 | -3.0% |
| Distributable reserves | 133 | €1,135,607 | €1,277,339 | +€141,732 | +12.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €2,296,748 | €1,810,233 | -€486,515 | -21.2% |
| Provisions for liabilities and charges | 160/5 | €416,450 | €0 | -€416,450 | -100% |
| Major repairs and maintenance | 162 | €416,450 | €0 | -€416,450 | -100% |
| Deferred taxes | 168 | €1,880,298 | €1,810,233 | -€70,065 | -3.7% |
| Amounts payable | 17/49 | €6,077,712 | €9,228,911 | +€3.2m | +51.8% |
| Amounts payable after more than one year | 17 | €2,841,862 | €2,658,585 | -€183,277 | -6.4% |
| Financial debts | 170/4 | €2,841,862 | €2,658,585 | -€183,277 | -6.4% |
| Amounts payable within one year | 42/48 | €2,997,042 | €6,379,280 | +€3.4m | +113% |
| Current portion of amounts payable after more than one year | 42 | €776,670 | €189,649 | -€587,021 | -75.6% |
| Financial debts | 43 | - | €142,183 | +€142,183 | |
| Credit institutions | 430/8 | - | €142,183 | +€142,183 | |
| Trade debts | 44 | €1,626,353 | €3,386,726 | +€1.8m | +108% |
| Suppliers | 440/4 | €1,626,353 | €3,386,726 | +€1.8m | +108% |
| Advances received on contracts in progress | 46 | €406,951 | €2,430,240 | +€2.0m | +497% |
| Taxes, remuneration and social security | 45 | €142,157 | €92,586 | -€49,570 | -34.9% |
| Taxes | 450/3 | €134,497 | €87,745 | -€46,752 | -34.8% |
| Remuneration and social security | 454/9 | €7,659 | €4,841 | -€2,818 | -36.8% |
| Other amounts payable | 47/48 | €44,911 | €137,896 | +€92,985 | +207% |
| Accrued charges and deferred income | 492/3 | €238,809 | €191,047 | -€47,762 | -20.0% |
| Remuneration, social security and pensions | 62 | €73,432 | €25,758 | -€47,673 | -64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508,077 | €512,161 | +€4,084 | +0.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€416,450 | -€416,450 | |
| Other operating charges | 640/8 | €47,204 | €88,808 | +€41,605 | +88.1% |
| Non-recurring operating charges | 66A | €11,875 | €0 | -€11,875 | -100% |
| Gross operating margin | 9900 | €777,481 | €332,800 | -€444,682 | -57.2% |
| Operating profit (loss) | 9901 | €136,894 | €122,522 | -€14,372 | -10.5% |
| Financial income | 75/76B | €132 | €16 | -€116 | -88.2% |
| Recurring financial income | 75 | €132 | €16 | -€116 | -88.2% |
| Financial charges | 65/66B | €141,902 | €133,320 | -€8,582 | -6.0% |
| Recurring financial charges | 65 | €141,902 | €133,320 | -€8,582 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,876 | -€10,783 | -€5,906 | -121% |
| Transfer from deferred taxes | 780 | €29,138 | €70,065 | +€40,927 | +140% |
| Income taxes | 67/77 | €26,680 | €70,602 | +€43,923 | +165% |
| Profit (loss) for the period | 9904 | -€2,418 | -€11,320 | -€8,903 | -368% |
| Transfer from tax-exempt reserves | 789 | €87,415 | €210,194 | +€122,780 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €84,997 | €198,874 | +€113,877 | +134% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.