A.L.P. CONSTRUCT: 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.
A.L.P. CONSTRUCT
Largest movements
- Tangible fixed assets +€23,343
up €23,343 (+190%), from €12,292 to €35,635
of which Furniture and vehicles: +€24,523
- Cash -€9,962
down €9,962 (-99.9%), from €9,967 to €5
mainly Investment in fixed assets (net) (-€31,230) and Net result for the year (-€12,020)
- Receivables within one year +€8,096
up €8,096 (+86.6%), from €9,343 to €17,439
of which Trade receivables: +€7,731
- Debts after one year +€17,831
new in 2025: €17,831
- Profit (loss) carried forward -€12,020
down €12,020 (-104%), from -€11,596 to -€23,615
- Trade debts +€7,580
up €7,580 (+352%), from €2,156 to €9,736
- Tax, wage and social debts -€6,590
down €6,590 (-88.3%), from €7,464 to €874
- Other debts +€5,400
new in 2025: €5,400
- Financial charges +€408
up €408 (+71.0%), from €574 to €982
- Other operating charges +€382
up €382 (+88.3%), from €432 to €814
- Depreciation -€202
down €202 (-2.5%), from €8,088 to €7,887
- Gross operating margin +€183
up €183 (+7.7%), from -€2,386 to -€2,202
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 | €32,139 | €53,219 | +€21,080 | +65.6% |
| Fixed assets | 21/28 | €12,292 | €35,635 | +€23,343 | +190% |
| Tangible fixed assets | 22/27 | €12,292 | €35,635 | +€23,343 | +190% |
| Plant, machinery and equipment | 23 | €3,595 | €2,415 | -€1,180 | -32.8% |
| Furniture and vehicles | 24 | €8,697 | €33,220 | +€24,523 | +282% |
| Current assets | 29/58 | €19,847 | €17,583 | -€2,263 | -11.4% |
| Amounts receivable within one year | 40/41 | €9,343 | €17,439 | +€8,096 | +86.6% |
| Trade receivables | 40 | - | €7,731 | +€7,731 | |
| Other amounts receivable | 41 | €9,343 | €9,709 | +€365 | +3.9% |
| Cash at bank and in hand | 54/58 | €9,967 | €5 | -€9,962 | -99.9% |
| Deferred charges and accrued income | 490/1 | €536 | €139 | -€397 | -74.1% |
| Total equity and liabilities | 10/49 | €32,139 | €53,219 | +€21,080 | +65.6% |
| Equity | 10/15 | €20,912 | €8,893 | -€12,020 | -57.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,916 | €13,916 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,916 | €13,916 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €12,057 | €12,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,596 | -€23,615 | -€12,020 | -104% |
| Amounts payable | 17/49 | €11,227 | €44,326 | +€33,099 | +295% |
| Amounts payable after more than one year | 17 | - | €17,831 | +€17,831 | |
| Financial debts | 170/4 | - | €17,831 | +€17,831 | |
| Amounts payable within one year | 42/48 | €11,227 | €26,495 | +€15,269 | +136% |
| Current portion of amounts payable after more than one year | 42 | €1,607 | €5,486 | +€3,880 | +241% |
| Financial debts | 43 | - | €4,998 | +€4,998 | |
| Credit institutions | 430/8 | - | €4,998 | +€4,998 | |
| Trade debts | 44 | €2,156 | €9,736 | +€7,580 | +352% |
| Suppliers | 440/4 | €2,156 | €9,736 | +€7,580 | +352% |
| Taxes, remuneration and social security | 45 | €7,464 | €874 | -€6,590 | -88.3% |
| Taxes | 450/3 | €7,464 | €874 | -€6,590 | -88.3% |
| Other amounts payable | 47/48 | - | €5,400 | +€5,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,088 | €7,887 | -€202 | -2.5% |
| Other operating charges | 640/8 | €432 | €814 | +€382 | +88.3% |
| Gross operating margin | 9900 | -€2,386 | -€2,202 | +€183 | +7.7% |
| Operating profit (loss) | 9901 | -€10,907 | -€10,903 | +€4 | 0.0% |
| Financial charges | 65/66B | €574 | €982 | +€408 | +71.0% |
| Recurring financial charges | 65 | €574 | €982 | +€408 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,481 | -€11,885 | -€404 | -3.5% |
| Income taxes | 67/77 | €115 | €134 | +€19 | +16.7% |
| Profit (loss) for the period | 9904 | -€11,596 | -€12,020 | -€424 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,596 | -€12,020 | -€424 | -3.7% |
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.