ALNICO: 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.
ALNICO
Largest movements
- Receivables within one year -€40,325
down €40,325 (-59.2%), from €68,094 to €27,769
of which Trade receivables: -€23,996
- Tangible fixed assets -€30,760
down €30,760 (-1.8%), from €1.7m to €1.7m
of which Land and buildings: -€30,892
- Cash +€25,372
up €25,372 (+739%), from €3,435 to €28,806
mainly Other debts (+€72,732) and Receivables within one year (+€40,325)
- Debts after one year -€79,509
down €79,509 (-5.9%), from €1.4m to €1.3m
- Other debts +€72,732
up €72,732 (+1,004%), from €7,242 to €79,974
- Profit (loss) carried forward -€39,000
down €39,000 (-21.6%), from €180,852 to €141,852
- Gross operating margin +€33,640
up €33,640 (+32.3%), from €104,186 to €137,826
- Other operating charges -€25,288
down €25,288 (-80.4%), from €31,449 to €6,161
- Taxes +€12,294
up €12,294 (+5,981%), from €206 to €12,500
- Financial charges +€10,484
up €10,484 (+25.4%), from €41,343 to €51,827
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 | €1,788,372 | €1,741,822 | -€46,550 | -2.6% |
| Fixed assets | 21/28 | €1,716,007 | €1,685,247 | -€30,760 | -1.8% |
| Tangible fixed assets | 22/27 | €1,716,007 | €1,685,247 | -€30,760 | -1.8% |
| Land and buildings | 22 | €1,715,584 | €1,684,692 | -€30,892 | -1.8% |
| Furniture and vehicles | 24 | €423 | €555 | +€132 | +31.3% |
| Current assets | 29/58 | €72,365 | €56,575 | -€15,790 | -21.8% |
| Amounts receivable within one year | 40/41 | €68,094 | €27,769 | -€40,325 | -59.2% |
| Trade receivables | 40 | €48,470 | €24,474 | -€23,996 | -49.5% |
| Other amounts receivable | 41 | €19,624 | €3,294 | -€16,329 | -83.2% |
| Cash at bank and in hand | 54/58 | €3,435 | €28,806 | +€25,372 | +739% |
| Deferred charges and accrued income | 490/1 | €837 | - | -€837 | |
| Total equity and liabilities | 10/49 | €1,788,372 | €1,741,822 | -€46,550 | -2.6% |
| Equity | 10/15 | €334,852 | €295,852 | -€39,000 | -11.6% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €14,000 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,852 | €141,852 | -€39,000 | -21.6% |
| Amounts payable | 17/49 | €1,453,520 | €1,445,971 | -€7,550 | -0.5% |
| Amounts payable after more than one year | 17 | €1,356,532 | €1,277,023 | -€79,509 | -5.9% |
| Financial debts | 170/4 | €1,356,532 | €1,277,023 | -€79,509 | -5.9% |
| Amounts payable within one year | 42/48 | €96,988 | €167,065 | +€70,077 | +72.3% |
| Current portion of amounts payable after more than one year | 42 | €77,098 | €79,509 | +€2,411 | +3.1% |
| Trade debts | 44 | €2,315 | €1,880 | -€435 | -18.8% |
| Suppliers | 440/4 | €2,315 | €1,880 | -€435 | -18.8% |
| Taxes, remuneration and social security | 45 | €10,334 | €5,703 | -€4,631 | -44.8% |
| Taxes | 450/3 | €10,015 | €5,703 | -€4,312 | -43.1% |
| Remuneration and social security | 454/9 | €319 | - | -€319 | |
| Other amounts payable | 47/48 | €7,242 | €79,974 | +€72,732 | +1,004% |
| Accrued charges and deferred income | 492/3 | - | €1,882 | +€1,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,862 | €31,440 | +€577 | +1.9% |
| Other operating charges | 640/8 | €31,449 | €6,161 | -€25,288 | -80.4% |
| Gross operating margin | 9900 | €104,186 | €137,826 | +€33,640 | +32.3% |
| Operating profit (loss) | 9901 | €41,874 | €100,225 | +€58,351 | +139% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €41,343 | €51,827 | +€10,484 | +25.4% |
| Recurring financial charges | 65 | €41,343 | €51,827 | +€10,484 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €531 | €48,398 | +€47,867 | +9,020% |
| Income taxes | 67/77 | €206 | €12,500 | +€12,294 | +5,981% |
| Profit (loss) for the period | 9904 | €325 | €35,898 | +€35,572 | +10,942% |
| Profit (loss) for the period to be appropriated | 9905 | €325 | €35,898 | +€35,572 | +10,942% |
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 19 October 2026 via checked.be.