ALUCON: 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.
ALUCON
Largest movements
- Cash +€49,859
up €49,859 (+906%), from €5,504 to €55,363
mainly Net result for the year (+€54,420) and Trade debts (+€30,434)
- Financial fixed assets +€35,000
new in 2025: €35,000
- Receivables within one year +€4,541
up €4,541 (+1.6%), from €289,960 to €294,501
of which Trade receivables: +€4,541
- Profit (loss) carried forward +€54,420
up €54,420 (+38.7%), from €140,734 to €195,154
- Trade debts +€30,434
up €30,434 (+69.8%), from €43,576 to €74,010
- Tax, wage and social debts +€6,922
up €6,922 (+30.2%), from €22,935 to €29,857
of which Taxes: +€16,124
- Staff costs -€35,982
down €35,982 (-34.6%), from €103,905 to €67,923
- Gross operating margin +€28,974
up €28,974 (+20.6%), from €140,907 to €169,881
- Taxes +€21,120
new in 2025: €21,120
- Other operating charges +€16,963
up €16,963 (+1,408%), from €1,205 to €18,168
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 | €295,964 | €384,934 | +€88,970 | +30.1% |
| Fixed assets | 21/28 | €430 | €35,000 | +€34,570 | +8,040% |
| Tangible fixed assets | 22/27 | €430 | - | -€430 | |
| Other tangible fixed assets | 26 | €430 | - | -€430 | |
| Financial fixed assets | 28 | - | €35,000 | +€35,000 | |
| Current assets | 29/58 | €295,534 | €349,934 | +€54,400 | +18.4% |
| Amounts receivable within one year | 40/41 | €289,960 | €294,501 | +€4,541 | +1.6% |
| Trade receivables | 40 | €247,131 | €251,672 | +€4,541 | +1.8% |
| Other amounts receivable | 41 | €42,829 | €42,829 | = | 0.0% |
| Current investments | 50/53 | €70 | €70 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,504 | €55,363 | +€49,859 | +906% |
| Total equity and liabilities | 10/49 | €295,964 | €384,934 | +€88,970 | +30.1% |
| Equity | 10/15 | €161,194 | €215,614 | +€54,420 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,734 | €195,154 | +€54,420 | +38.7% |
| Amounts payable | 17/49 | €134,770 | €169,320 | +€34,550 | +25.6% |
| Amounts payable within one year | 42/48 | €134,770 | €169,320 | +€34,550 | +25.6% |
| Financial debts | 43 | €60,000 | €60,000 | = | 0.0% |
| Credit institutions | 430/8 | €60,000 | €60,000 | = | 0.0% |
| Trade debts | 44 | €43,576 | €74,010 | +€30,434 | +69.8% |
| Suppliers | 440/4 | €43,576 | €74,010 | +€30,434 | +69.8% |
| Taxes, remuneration and social security | 45 | €22,935 | €29,857 | +€6,922 | +30.2% |
| Taxes | 450/3 | €10,111 | €26,235 | +€16,124 | +159% |
| Remuneration and social security | 454/9 | €12,824 | €3,622 | -€9,202 | -71.8% |
| Other amounts payable | 47/48 | €8,259 | €5,453 | -€2,806 | -34.0% |
| Remuneration, social security and pensions | 62 | €103,905 | €67,923 | -€35,982 | -34.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €430 | €430 | = | 0.0% |
| Other operating charges | 640/8 | €1,205 | €18,168 | +€16,963 | +1,408% |
| Gross operating margin | 9900 | €140,907 | €169,881 | +€28,974 | +20.6% |
| Operating profit (loss) | 9901 | €35,367 | €83,360 | +€47,993 | +136% |
| Financial charges | 65/66B | €8,616 | €7,820 | -€796 | -9.2% |
| Recurring financial charges | 65 | €8,616 | €7,820 | -€796 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €26,751 | €75,540 | +€48,789 | +182% |
| Income taxes | 67/77 | - | €21,120 | +€21,120 | |
| Profit (loss) for the period | 9904 | €26,751 | €54,420 | +€27,669 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €26,751 | €54,420 | +€27,669 | +103% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.