ALUCREA: 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.
ALUCREA
Largest movements
- Financial fixed assets -€38,000
no longer reported in 2025 (was €38,000)
- Cash +€3,252
up €3,252 (+74.3%), from €4,377 to €7,629
- Tangible fixed assets +€3,053
up €3,053 (+483%), from €632 to €3,685
- Receivables within one year -€1,271
down €1,271 (-23.2%), from €5,467 to €4,196
- Other debts -€87,759
down €87,759 (-70.2%), from €124,987 to €37,228
- Profit (loss) carried forward +€53,835
up €53,835 (+30.3%), from -€177,915 to -€124,080
- Trade debts +€3,130
up €3,130 (+584%), from €536 to €3,666
- Tax, wage and social debts -€2,173
down €2,173 (-93.7%), from €2,319 to €146
- Gross operating margin -€6,464
down €6,464 (-17.7%), from €36,485 to €30,022
- Depreciation +€948
up €948 (+370%), from €256 to €1,204
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,477 | €15,510 | -€32,966 | -68.0% |
| Fixed assets | 21/28 | €38,632 | €3,685 | -€34,947 | -90.5% |
| Tangible fixed assets | 22/27 | €632 | €3,685 | +€3,053 | +483% |
| Furniture and vehicles | 24 | €632 | €3,685 | +€3,053 | +483% |
| Financial fixed assets | 28 | €38,000 | - | -€38,000 | |
| Current assets | 29/58 | €9,844 | €11,825 | +€1,981 | +20.1% |
| Amounts receivable within one year | 40/41 | €5,467 | €4,196 | -€1,271 | -23.2% |
| Trade receivables | 40 | €5,467 | €4,196 | -€1,271 | -23.2% |
| Cash at bank and in hand | 54/58 | €4,377 | €7,629 | +€3,252 | +74.3% |
| Total equity and liabilities | 10/49 | €48,477 | €15,510 | -€32,966 | -68.0% |
| Equity | 10/15 | -€79,365 | -€25,530 | +€53,835 | +67.8% |
| Contributions | 10/11 | €98,550 | €98,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,915 | -€124,080 | +€53,835 | +30.3% |
| Amounts payable | 17/49 | €127,842 | €41,040 | -€86,802 | -67.9% |
| Amounts payable within one year | 42/48 | €127,842 | €41,040 | -€86,802 | -67.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €536 | €3,666 | +€3,130 | +584% |
| Suppliers | 440/4 | €536 | €3,666 | +€3,130 | +584% |
| Taxes, remuneration and social security | 45 | €2,319 | €146 | -€2,173 | -93.7% |
| Taxes | 450/3 | €2,319 | €146 | -€2,173 | -93.7% |
| Other amounts payable | 47/48 | €124,987 | €37,228 | -€87,759 | -70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €1,204 | +€948 | +370% |
| Other operating charges | 640/8 | €202 | €168 | -€34 | -16.8% |
| Gross operating margin | 9900 | €36,485 | €30,022 | -€6,464 | -17.7% |
| Operating profit (loss) | 9901 | €36,027 | €28,649 | -€7,378 | -20.5% |
| Financial income | 75/76B | - | €41 | +€41 | |
| Recurring financial income | 75 | - | €41 | +€41 | |
| Financial charges | 65/66B | €38 | €0 | -€38 | -100% |
| Recurring financial charges | 65 | €38 | €0 | -€38 | -100% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €35,989 | €28,690 | -€7,299 | -20.3% |
| Income taxes | 67/77 | - | €12 | +€12 | |
| Profit (loss) for the period | 9904 | €35,989 | €28,678 | -€7,311 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,989 | €28,678 | -€7,311 | -20.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 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.