ALUCRIS: what changed
Two fiscal 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.
ALUCRIS
Largest movements
- Receivables after one year -€70,000
no longer reported in 2025 (was €70,000)
- Cash -€36,925
down €36,925 (-10.7%), from €346,573 to €309,648
mainly Contributions, distributions and other (-€618,056) and Current portion of long-term debt (-€8,200)
- Reserves -€416,820
down €416,820 (-86.1%), from €484,180 to €67,360
of which Distributable reserves: -€448,395
- Other debts +€205,724
up €205,724 (+47048.5%), from €437 to €206,162
- Tax, wage and social debts +€112,216
up €112,216 (+1879.1%), from €5,972 to €118,187
- Current portion of long-term debt -€8,200
down €8,200 (-40.0%), from €20,492 to €12,292
- Gross operating margin +€39,968
up €39,968 (+17.7%), from €225,504 to €265,472
- Taxes +€10,007
up €10,007 (+19.4%), from €51,578 to €61,586
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €516,207 | €409,001 | -€107,206 | -20.8% |
| Fixed assets | 21/28 | €3,274 | €1,733 | -€1,541 | -47.1% |
| Tangible fixed assets | 22/27 | €3,274 | €1,733 | -€1,541 | -47.1% |
| Furniture and vehicles | 24 | €3,274 | €1,733 | -€1,541 | -47.1% |
| Current assets | 29/58 | €512,933 | €407,268 | -€105,665 | -20.6% |
| Amounts receivable after more than one year | 29 | €70,000 | - | -€70,000 | |
| Trade receivables | 290 | €70,000 | - | -€70,000 | |
| Amounts receivable within one year | 40/41 | €4,717 | €4,867 | +€150 | +3.2% |
| Trade receivables | 40 | €717 | €867 | +€150 | +20.9% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Current investments | 50/53 | €91,642 | €92,034 | +€392 | +0.4% |
| Cash at bank and in hand | 54/58 | €346,573 | €309,648 | -€36,925 | -10.7% |
| Deferred charges and accrued income | 490/1 | - | €719 | +€719 | |
| Total equity and liabilities | 10/49 | €516,207 | €409,001 | -€107,206 | -20.8% |
| Equity | 10/15 | €489,180 | €72,360 | -€416,820 | -85.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €484,180 | €67,360 | -€416,820 | -86.1% |
| Tax-exempt reserves | 132 | €35,785 | €67,360 | +€31,575 | +88.2% |
| Distributable reserves | 133 | €448,395 | - | -€448,395 | |
| Amounts payable | 17/49 | €27,026 | €336,641 | +€309,614 | +1145.6% |
| Amounts payable within one year | 42/48 | €27,026 | €336,641 | +€309,614 | +1145.6% |
| Current portion of amounts payable after more than one year | 42 | €20,492 | €12,292 | -€8,200 | -40.0% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Taxes, remuneration and social security | 45 | €5,972 | €118,187 | +€112,216 | +1879.1% |
| Taxes | 450/3 | €5,972 | €118,187 | +€112,216 | +1879.1% |
| Other amounts payable | 47/48 | €437 | €206,162 | +€205,724 | +47048.5% |
| Remuneration, social security and pensions | 62 | - | €3 | +€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,881 | €1,541 | -€340 | -18.1% |
| Other operating charges | 640/8 | €295 | €1,480 | +€1,185 | +401.7% |
| Gross operating margin | 9900 | €225,504 | €265,472 | +€39,968 | +17.7% |
| Operating profit (loss) | 9901 | €223,329 | €262,448 | +€39,119 | +17.5% |
| Financial income | 75/76B | €0 | €902 | +€902 | +1002000.0% |
| Recurring financial income | 75 | €0 | €902 | +€902 | +1002000.0% |
| Financial charges | 65/66B | €1,039 | €529 | -€510 | -49.1% |
| Recurring financial charges | 65 | €1,039 | €529 | -€510 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €222,290 | €262,821 | +€40,531 | +18.2% |
| Income taxes | 67/77 | €51,578 | €61,586 | +€10,007 | +19.4% |
| Profit (loss) for the period | 9904 | €170,711 | €201,235 | +€30,524 | +17.9% |
| Transfer to tax-exempt reserves | 689 | €35,785 | €31,575 | -€4,210 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,926 | €169,660 | +€34,734 | +25.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.