247 Alpha: 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.
247 Alpha
Largest movements
- Receivables within one year +€235,675
up €235,675 (+24.3%), from €968,526 to €1.2m
of which Other amounts receivable: +€243,940
- Cash +€47,286
up €47,286 (+4,417%), from €1,071 to €48,357
mainly Other debts (+€315,836) and Net result for the year (+€152,392)
- Other debts +€315,836
new in 2025: €315,836
- Trade debts -€161,924
down €161,924 (-18.6%), from €870,689 to €708,765
- Reserves +€76,052
new in 2025: €76,052
of which Distributable reserves: +€68,500
- Tax, wage and social debts +€51,658
new in 2025: €51,658
- Gross operating margin +€206,889
up €206,889, from -€1,087 to €205,802
- Taxes +€50,351
new in 2025: €50,351
- Other operating charges +€2,271
new in 2025: €2,271
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 | €969,597 | €1,252,558 | +€282,961 | +29.2% |
| Current assets | 29/58 | €969,597 | €1,252,558 | +€282,961 | +29.2% |
| Amounts receivable within one year | 40/41 | €968,526 | €1,204,201 | +€235,675 | +24.3% |
| Trade receivables | 40 | €875,195 | €866,930 | -€8,265 | -0.9% |
| Other amounts receivable | 41 | €93,331 | €337,271 | +€243,940 | +261% |
| Cash at bank and in hand | 54/58 | €1,071 | €48,357 | +€47,286 | +4,417% |
| Total equity and liabilities | 10/49 | €969,597 | €1,252,558 | +€282,961 | +29.2% |
| Equity | 10/15 | €98,907 | €176,299 | +€77,392 | +78.2% |
| Contributions | 10/11 | €100,247 | €100,247 | = | 0.0% |
| Capital | 10 | €100,247 | €100,247 | = | 0.0% |
| Issued capital | 100 | €100,247 | €100,247 | = | 0.0% |
| Reserves | 13 | - | €76,052 | +€76,052 | |
| Non-distributable reserves | 130/1 | - | €7,553 | +€7,553 | |
| Legal reserve | 130 | - | €7,553 | +€7,553 | |
| Distributable reserves | 133 | - | €68,500 | +€68,500 | |
| Profit (loss) carried forward | 14 | -€1,340 | - | +€1,340 | |
| Amounts payable | 17/49 | €870,689 | €1,076,258 | +€205,569 | +23.6% |
| Amounts payable within one year | 42/48 | €870,689 | €1,076,258 | +€205,569 | +23.6% |
| Trade debts | 44 | €870,689 | €708,765 | -€161,924 | -18.6% |
| Suppliers | 440/4 | €870,689 | €708,765 | -€161,924 | -18.6% |
| Taxes, remuneration and social security | 45 | - | €51,658 | +€51,658 | |
| Taxes | 450/3 | - | €51,658 | +€51,658 | |
| Other amounts payable | 47/48 | - | €315,836 | +€315,836 | |
| Other operating charges | 640/8 | - | €2,271 | +€2,271 | |
| Gross operating margin | 9900 | -€1,087 | €205,802 | +€206,889 | |
| Operating profit (loss) | 9901 | -€1,087 | €203,531 | +€204,618 | |
| Financial income | 75/76B | €1 | €51 | +€51 | +10,146% |
| Recurring financial income | 75 | €1 | €51 | +€51 | +10,146% |
| Financial charges | 65/66B | €253 | €840 | +€587 | +232% |
| Recurring financial charges | 65 | €253 | €840 | +€587 | +232% |
| Profit (loss) for the period before taxes | 9903 | -€1,340 | €202,743 | +€204,082 | |
| Income taxes | 67/77 | - | €50,351 | +€50,351 | |
| Profit (loss) for the period | 9904 | -€1,340 | €152,392 | +€153,732 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,340 | €152,392 | +€153,732 |
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 13 October 2026 via checked.be.