ALPRECO: 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
ALPRECO
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€157,043
2024 · €41,221+€115,822
Equity
€3.1m
2024 · €2.9m+€157,043
Cash
€344,204
2024 · €1.0m-€679,050
Balance sheet total
€6.9m
2024 · €7.4m-€529,789
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+82.0%), from €1.9m to €3.5m
of which Trade receivables: +€1.6m
- Financial fixed assets -€900,000
down €900,000 (-100.0%), from €900,000 to €0
- Cash -€679,050
down €679,050 (-66.4%), from €1.0m to €344,204
mainly Receivables within one year (-€1.6m) and Other debts (-€900,000)
- Tangible fixed assets -€460,447
down €460,447 (-20.7%), from €2.2m to €1.8m
of which Land and buildings: -€240,642
Equity and liabilities
- Other debts -€900,000
down €900,000 (-100.0%), from €900,000 to €0
- Debts after one year +€248,445
up €248,445 (+17.8%), from €1.4m to €1.6m
of which Other amounts payable: +€355,000
- Reserves +€160,000
up €160,000 (+7.1%), from €2.3m to €2.4m
of which Distributable reserves: +€160,000
Income statement
- Services and other goods -€163,634
down €163,634 (-13.4%), from €1.2m to €1.1m
- Goods and materials +€158,408
up €158,408 (+2.4%), from €6.5m to €6.7m
of which Purchases: +€104,355
- Turnover -€130,199
down €130,199 (-1.3%), from €10.1m to €9.9m
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
€41,221
Turnover
-€130,199
Other operating income
-€88,960
Goods and materials
-€158,408
Services and other goods
+€163,634
Staff costs
+€8,855
Depreciation
+€89,192
Other operating charges
-€7,847
Other operating items
+€274,597
Financial charges
+€2,547
Taxes
-€37,589
Result 2025
€157,043
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.
From operations
-€1.8m
Investment
+€891,000
Financing
+€251,006
Cash 2024
€1.0m
From operations (derived)
-€1.8m
Net result for the year
+€157,043
Depreciation
+€469,447
Stocks and contracts
+€44,841
Receivables within one year
-€1.6m
Deferred charges and accrued income
+€829
Trade debts
+€33,997
Tax, wage and social debts
-€71,834
Other debts
-€900,000
Investment (derived)
+€891,000
Investment in fixed assets (net)
+€891,000
Financing
+€251,006
Debts after one year
+€248,445
Current portion of long-term debt
+€2,561
Cash 2025
€344,204
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,449,172 | €6,919,384 | -€529,789 | -7.1% |
| Fixed assets | 21/28 | €3,129,516 | €1,769,069 | -€1.4m | -43.5% |
| Tangible fixed assets | 22/27 | €2,229,516 | €1,769,069 | -€460,447 | -20.7% |
| Land and buildings | 22 | €1,718,376 | €1,477,734 | -€240,642 | -14.0% |
| Plant, machinery and equipment | 23 | €449,375 | €243,025 | -€206,350 | -45.9% |
| Furniture and vehicles | 24 | €61,766 | €48,311 | -€13,455 | -21.8% |
| Financial fixed assets | 28 | €900,000 | €0 | -€900,000 | -100.0% |
| Affiliated companies | 280/1 | €900,000 | €0 | -€900,000 | -100.0% |
| Amounts receivable | 281 | €900,000 | €0 | -€900,000 | -100.0% |
| Current assets | 29/58 | €4,319,656 | €5,150,314 | +€830,658 | +19.2% |
| Stocks and contracts in progress | 3 | €1,394,378 | €1,349,537 | -€44,841 | -3.2% |
| Stocks | 30/36 | €890,637 | €758,181 | -€132,456 | -14.9% |
| Raw materials and consumables | 30/31 | €890,637 | €758,181 | -€132,456 | -14.9% |
| Contracts in progress | 37 | €503,741 | €591,356 | +€87,615 | +17.4% |
| Amounts receivable within one year | 40/41 | €1,897,359 | €3,452,737 | +€1.6m | +82.0% |
| Trade receivables | 40 | €1,662,168 | €3,213,017 | +€1.6m | +93.3% |
| Other amounts receivable | 41 | €235,190 | €239,721 | +€4,530 | +1.9% |
| Cash at bank and in hand | 54/58 | €1,023,254 | €344,204 | -€679,050 | -66.4% |
| Deferred charges and accrued income | 490/1 | €4,666 | €3,836 | -€829 | -17.8% |
| Total equity and liabilities | 10/49 | €7,449,172 | €6,919,384 | -€529,789 | -7.1% |
| Equity | 10/15 | €2,903,903 | €3,060,946 | +€157,043 | +5.4% |
| Contributions | 10/11 | €636,468 | €636,468 | = | 0.0% |
| Capital | 10 | €636,468 | €636,468 | = | 0.0% |
| Issued capital | 100 | €636,468 | €636,468 | = | 0.0% |
| Reserves | 13 | €2,263,647 | €2,423,647 | +€160,000 | +7.1% |
| Non-distributable reserves | 130/1 | €63,647 | €63,647 | = | 0.0% |
| Legal reserve | 130 | €63,647 | €63,647 | = | 0.0% |
| Distributable reserves | 133 | €2,200,000 | €2,360,000 | +€160,000 | +7.3% |
| Profit (loss) carried forward | 14 | €3,789 | €831 | -€2,957 | -78.1% |
| Amounts payable | 17/49 | €4,545,269 | €3,858,438 | -€686,831 | -15.1% |
| Amounts payable after more than one year | 17 | €1,396,823 | €1,645,267 | +€248,445 | +17.8% |
| Financial debts | 170/4 | €1,396,823 | €1,290,267 | -€106,555 | -7.6% |
| Credit institutions | 173 | €1,396,823 | €1,290,267 | -€106,555 | -7.6% |
| Other amounts payable | 178/9 | - | €355,000 | +€355,000 | |
| Amounts payable within one year | 42/48 | €3,148,447 | €2,213,171 | -€935,276 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €103,994 | €106,555 | +€2,561 | +2.5% |
| Trade debts | 44 | €1,892,434 | €1,926,431 | +€33,997 | +1.8% |
| Suppliers | 440/4 | €1,892,434 | €1,926,431 | +€33,997 | +1.8% |
| Taxes, remuneration and social security | 45 | €252,018 | €180,184 | -€71,834 | -28.5% |
| Taxes | 450/3 | €35,943 | €36,177 | +€233 | +0.6% |
| Remuneration and social security | 454/9 | €216,075 | €144,007 | -€72,067 | -33.4% |
| Other amounts payable | 47/48 | €900,000 | €0 | -€900,000 | -100.0% |
| Operating income | 70/76A | €10,030,278 | €10,085,715 | +€55,438 | +0.6% |
| Turnover | 70 | €10,050,405 | €9,920,206 | -€130,199 | -1.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€169,982 | €87,615 | +€257,597 | |
| Other operating income | 74 | €149,854 | €60,894 | -€88,960 | -59.4% |
| Non-recurring operating income | 76A | - | €17,000 | +€17,000 | |
| Operating charges | 60/66A | €9,930,822 | €9,835,396 | -€95,426 | -1.0% |
| Goods for resale, raw materials and consumables | 60 | €6,535,744 | €6,694,152 | +€158,408 | +2.4% |
| Purchases | 600/8 | €6,457,340 | €6,561,696 | +€104,355 | +1.6% |
| Change in stocks: decrease (increase) | 609 | €78,403 | €132,456 | +€54,053 | +68.9% |
| Services and other goods | 61 | €1,225,643 | €1,062,009 | -€163,634 | -13.4% |
| Remuneration, social security and pensions | 62 | €1,516,467 | €1,507,612 | -€8,855 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €558,639 | €469,447 | -€89,192 | -16.0% |
| Other operating charges | 640/8 | €94,330 | €102,177 | +€7,847 | +8.3% |
| Operating profit (loss) | 9901 | €99,455 | €250,319 | +€150,864 | +151.7% |
| Financial charges | 65/66B | €40,865 | €38,318 | -€2,547 | -6.2% |
| Recurring financial charges | 65 | €40,865 | €38,318 | -€2,547 | -6.2% |
| Debt charges | 650 | €38,232 | €35,673 | -€2,559 | -6.7% |
| Other financial charges | 652/9 | €2,633 | €2,645 | +€12 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €58,590 | €212,001 | +€153,411 | +261.8% |
| Income taxes | 67/77 | €17,369 | €54,958 | +€37,589 | +216.4% |
| Taxes | 670/3 | €17,369 | €54,958 | +€37,589 | +216.4% |
| Profit (loss) for the period | 9904 | €41,221 | €157,043 | +€115,822 | +281.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,221 | €157,043 | +€115,822 | +281.0% |
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 12 October 2026 via checked.be.