ALCYONIS DEVELOPMENT: 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.
ALCYONIS DEVELOPMENT
Largest movements
- Current investments +€59,202
up €59,202 (+14.0%), from €423,211 to €482,413
- Cash -€55,148
down €55,148 (-90.1%), from €61,191 to €6,044
mainly Current investments (-€59,202) and Contributions, distributions and other (-€23,950)
- Tangible fixed assets -€18,312
down €18,312 (-22.2%), from €82,530 to €64,217
of which Furniture and vehicles: -€14,546
- Receivables within one year +€13,612
up €13,612 (+18.7%), from €72,865 to €86,476
of which Other amounts receivable: +€14,724
- Reserves +€99,892
up €99,892 (+25.6%), from €389,731 to €489,622
of which Distributable reserves: +€99,892
- Profit (loss) carried forward -€92,040
no longer reported in 2025 (was €92,040)
- Debts after one year -€14,395
down €14,395 (-48.3%), from €29,787 to €15,392
- Trade debts -€13,802
down €13,802 (-66.0%), from €20,896 to €7,095
- Other debts +€11,169
up €11,169 (+87.4%), from €12,781 to €23,950
- Gross operating margin -€84,398
down €84,398 (-51.7%), from €163,143 to €78,745
- Taxes -€9,224
down €9,224 (-30.1%), from €30,644 to €21,421
- Financial income -€6,714
down €6,714 (-27.2%), from €24,721 to €18,008
- Write-downs +€1,957
new in 2025: €1,957
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 | €645,175 | €645,475 | +€300 | 0.0% |
| Fixed assets | 21/28 | €85,659 | €67,331 | -€18,327 | -21.4% |
| Intangible fixed assets | 21 | €15 | - | -€15 | |
| Tangible fixed assets | 22/27 | €82,530 | €64,217 | -€18,312 | -22.2% |
| Land and buildings | 22 | €42,241 | €36,029 | -€6,211 | -14.7% |
| Plant, machinery and equipment | 23 | €2,776 | €5,221 | +€2,445 | +88.1% |
| Furniture and vehicles | 24 | €37,513 | €22,967 | -€14,546 | -38.8% |
| Financial fixed assets | 28 | €3,114 | €3,114 | = | 0.0% |
| Current assets | 29/58 | €559,517 | €578,144 | +€18,627 | +3.3% |
| Amounts receivable within one year | 40/41 | €72,865 | €86,476 | +€13,612 | +18.7% |
| Trade receivables | 40 | €61,635 | €60,522 | -€1,112 | -1.8% |
| Other amounts receivable | 41 | €11,230 | €25,954 | +€14,724 | +131% |
| Current investments | 50/53 | €423,211 | €482,413 | +€59,202 | +14.0% |
| Cash at bank and in hand | 54/58 | €61,191 | €6,044 | -€55,148 | -90.1% |
| Deferred charges and accrued income | 490/1 | €2,250 | €3,211 | +€961 | +42.7% |
| Total equity and liabilities | 10/49 | €645,175 | €645,475 | +€300 | 0.0% |
| Equity | 10/15 | €521,771 | €529,622 | +€7,851 | +1.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €389,731 | €489,622 | +€99,892 | +25.6% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,775 | €47,775 | = | 0.0% |
| Distributable reserves | 133 | €337,956 | €437,847 | +€99,892 | +29.6% |
| Profit (loss) carried forward | 14 | €92,040 | - | -€92,040 | |
| Provisions and deferred taxes | 16 | €15,925 | €15,925 | = | 0.0% |
| Deferred taxes | 168 | €15,925 | €15,925 | = | 0.0% |
| Amounts payable | 17/49 | €107,479 | €99,928 | -€7,552 | -7.0% |
| Amounts payable after more than one year | 17 | €29,787 | €15,392 | -€14,395 | -48.3% |
| Financial debts | 170/4 | €29,787 | €15,392 | -€14,395 | -48.3% |
| Amounts payable within one year | 42/48 | €77,693 | €84,536 | +€6,843 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €29,635 | €19,395 | -€10,240 | -34.6% |
| Financial debts | 43 | - | €11,162 | +€11,162 | |
| Credit institutions | 430/8 | - | €11,162 | +€11,162 | |
| Trade debts | 44 | €20,896 | €7,095 | -€13,802 | -66.0% |
| Suppliers | 440/4 | €20,896 | €7,095 | -€13,802 | -66.0% |
| Taxes, remuneration and social security | 45 | €14,381 | €22,934 | +€8,554 | +59.5% |
| Taxes | 450/3 | €14,381 | €22,934 | +€8,554 | +59.5% |
| Other amounts payable | 47/48 | €12,781 | €23,950 | +€11,169 | +87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,215 | €25,756 | -€458 | -1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,957 | +€1,957 | |
| Other operating charges | 640/8 | €1,348 | €1,664 | +€316 | +23.4% |
| Gross operating margin | 9900 | €163,143 | €78,745 | -€84,398 | -51.7% |
| Operating profit (loss) | 9901 | €135,580 | €49,367 | -€86,213 | -63.6% |
| Financial income | 75/76B | €24,721 | €18,008 | -€6,714 | -27.2% |
| Recurring financial income | 75 | €24,721 | €18,008 | -€6,714 | -27.2% |
| Financial charges | 65/66B | €14,163 | €14,153 | -€10 | -0.1% |
| Recurring financial charges | 65 | €14,163 | €14,153 | -€10 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €146,138 | €53,222 | -€92,916 | -63.6% |
| Transfer to deferred taxes | 680 | €15,925 | - | -€15,925 | |
| Income taxes | 67/77 | €30,644 | €21,421 | -€9,224 | -30.1% |
| Profit (loss) for the period | 9904 | €99,569 | €31,801 | -€67,767 | -68.1% |
| Transfer to tax-exempt reserves | 689 | €47,775 | - | -€47,775 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,794 | €31,801 | -€19,992 | -38.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.