ALKA: 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.
ALKA
Largest movements
- Tangible fixed assets +€200,807
up €200,807 (+83.4%), from €240,764 to €441,571
- Other debts +€248,818
new in 2025: €248,818
- Profit (loss) carried forward -€15,458
down €15,458 (-40.8%), from -€37,910 to -€53,367
- Debts after one year -€15,335
down €15,335 (-10.4%), from €147,869 to €132,534
- Trade debts -€11,437
no longer reported in 2025 (was €11,437)
- Tax, wage and social debts -€8,368
no longer reported in 2025 (was €8,368)
- Gross operating margin -€30,655
down €30,655, from €26,396 to -€4,259
- Taxes -€3,846
down €3,846, from €2,027 to -€1,820
- Financial charges -€1,256
down €1,256 (-12.2%), from €10,271 to €9,015
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 | €310,009 | €508,229 | +€198,220 | +63.9% |
| Fixed assets | 21/28 | €271,105 | €471,912 | +€200,807 | +74.1% |
| Tangible fixed assets | 22/27 | €240,764 | €441,571 | +€200,807 | +83.4% |
| Land and buildings | 22 | €240,764 | €441,571 | +€200,807 | +83.4% |
| Financial fixed assets | 28 | €30,341 | €30,341 | = | 0.0% |
| Current assets | 29/58 | €38,904 | €36,317 | -€2,587 | -6.6% |
| Amounts receivable within one year | 40/41 | €37,765 | €35,129 | -€2,635 | -7.0% |
| Other amounts receivable | 41 | €37,765 | €35,129 | -€2,635 | -7.0% |
| Cash at bank and in hand | 54/58 | €1,139 | €1,187 | +€48 | +4.3% |
| Total equity and liabilities | 10/49 | €310,009 | €508,229 | +€198,220 | +63.9% |
| Equity | 10/15 | €142,335 | €126,877 | -€15,458 | -10.9% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Revaluation surpluses | 12 | €170,933 | €170,933 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,910 | -€53,367 | -€15,458 | -40.8% |
| Amounts payable | 17/49 | €167,674 | €381,352 | +€213,678 | +127% |
| Amounts payable after more than one year | 17 | €147,869 | €132,534 | -€15,335 | -10.4% |
| Financial debts | 170/4 | €147,869 | €132,534 | -€15,335 | -10.4% |
| Amounts payable within one year | 42/48 | €19,805 | €248,818 | +€229,013 | +1,156% |
| Trade debts | 44 | €11,437 | - | -€11,437 | |
| Suppliers | 440/4 | €11,437 | - | -€11,437 | |
| Taxes, remuneration and social security | 45 | €8,368 | - | -€8,368 | |
| Taxes | 450/3 | €8,368 | - | -€8,368 | |
| Other amounts payable | 47/48 | - | €248,818 | +€248,818 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,193 | €4,193 | = | 0.0% |
| Gross operating margin | 9900 | €26,396 | -€4,259 | -€30,655 | |
| Operating profit (loss) | 9901 | €22,203 | -€8,451 | -€30,655 | |
| Financial income | 75/76B | €367 | €189 | -€178 | -48.6% |
| Recurring financial income | 75 | €367 | €189 | -€178 | -48.6% |
| Financial charges | 65/66B | €10,271 | €9,015 | -€1,256 | -12.2% |
| Recurring financial charges | 65 | €10,271 | €9,015 | -€1,256 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €12,300 | -€17,277 | -€29,578 | |
| Income taxes | 67/77 | €2,027 | -€1,820 | -€3,846 | |
| Profit (loss) for the period | 9904 | €10,274 | -€15,458 | -€25,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,274 | -€15,458 | -€25,731 |
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 23 October 2026 via checked.be.