ALYVCO: 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.
ALYVCO
Largest movements
- Receivables within one year -€13,826
down €13,826 (-57.3%), from €24,146 to €10,320
of which Trade receivables: -€16,629
- Cash -€6,017
down €6,017 (-16.1%), from €37,307 to €31,290
mainly Other debts (-€19,500) and Tax, wage and social debts (-€9,557)
- Other debts -€19,500
no longer reported in 2025 (was €19,500)
- Profit (loss) carried forward +€10,750
up €10,750 (+50.6%), from €21,224 to €31,974
- Tax, wage and social debts -€9,557
no longer reported in 2025 (was €9,557)
- Trade debts -€1,829
down €1,829 (-60.2%), from €3,036 to €1,207
- Gross operating margin -€28,131
down €28,131 (-58.3%), from €48,254 to €20,123
- Taxes -€6,870
down €6,870 (-61.6%), from €11,146 to €4,276
- Depreciation +€1,301
up €1,301 (+48.8%), from €2,666 to €3,967
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 | €76,209 | €56,066 | -€20,143 | -26.4% |
| Fixed assets | 21/28 | €9,063 | €9,225 | +€162 | +1.8% |
| Tangible fixed assets | 22/27 | €9,063 | €9,225 | +€162 | +1.8% |
| Furniture and vehicles | 24 | €7,742 | €7,904 | +€162 | +2.1% |
| Other tangible fixed assets | 26 | €1,321 | €1,321 | = | 0.0% |
| Current assets | 29/58 | €67,146 | €46,841 | -€20,305 | -30.2% |
| Amounts receivable within one year | 40/41 | €24,146 | €10,320 | -€13,826 | -57.3% |
| Trade receivables | 40 | €16,629 | - | -€16,629 | |
| Other amounts receivable | 41 | €7,517 | €10,320 | +€2,803 | +37.3% |
| Cash at bank and in hand | 54/58 | €37,307 | €31,290 | -€6,017 | -16.1% |
| Deferred charges and accrued income | 490/1 | €5,693 | €5,231 | -€462 | -8.1% |
| Total equity and liabilities | 10/49 | €76,209 | €56,066 | -€20,143 | -26.4% |
| Equity | 10/15 | €40,184 | €50,934 | +€10,750 | +26.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €360 | €360 | = | 0.0% |
| Distributable reserves | 133 | €360 | €360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,224 | €31,974 | +€10,750 | +50.6% |
| Amounts payable | 17/49 | €36,025 | €5,132 | -€30,893 | -85.8% |
| Amounts payable within one year | 42/48 | €35,986 | €5,132 | -€30,854 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €3,892 | €3,879 | -€13 | -0.3% |
| Financial debts | 43 | €1 | €46 | +€45 | +6,160% |
| Credit institutions | 430/8 | €1 | €46 | +€45 | +6,160% |
| Trade debts | 44 | €3,036 | €1,207 | -€1,829 | -60.2% |
| Suppliers | 440/4 | €3,036 | €1,207 | -€1,829 | -60.2% |
| Taxes, remuneration and social security | 45 | €9,557 | - | -€9,557 | |
| Taxes | 450/3 | €9,557 | - | -€9,557 | |
| Other amounts payable | 47/48 | €19,500 | - | -€19,500 | |
| Accrued charges and deferred income | 492/3 | €39 | - | -€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,666 | €3,967 | +€1,301 | +48.8% |
| Other operating charges | 640/8 | €749 | €1,126 | +€378 | +50.4% |
| Gross operating margin | 9900 | €48,254 | €20,123 | -€28,131 | -58.3% |
| Operating profit (loss) | 9901 | €44,839 | €15,029 | -€29,810 | -66.5% |
| Financial income | 75/76B | €923 | €762 | -€162 | -17.5% |
| Recurring financial income | 75 | €923 | €451 | -€472 | -51.1% |
| Non-recurring financial income | 76B | - | €310 | +€310 | |
| Financial charges | 65/66B | €977 | €765 | -€212 | -21.7% |
| Recurring financial charges | 65 | €977 | €765 | -€212 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €44,785 | €15,026 | -€29,760 | -66.4% |
| Income taxes | 67/77 | €11,146 | €4,276 | -€6,870 | -61.6% |
| Profit (loss) for the period | 9904 | €33,640 | €10,750 | -€22,890 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,640 | €10,750 | -€22,890 | -68.0% |
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 14 October 2026 via checked.be.