ALAV CHAPES: 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.
ALAV CHAPES
Largest movements
- Receivables within one year +€20,334
up €20,334 (+66.4%), from €30,611 to €50,945
of which Trade receivables: +€17,524
- Tangible fixed assets +€9,680
up €9,680 (+263%), from €3,674 to €13,354
of which Furniture and vehicles: +€12,095
- Cash +€5,652
up €5,652 (+66.3%), from €8,521 to €14,173
- Profit (loss) carried forward +€22,191
up €22,191 (+179%), from €12,430 to €34,621
- Tax, wage and social debts +€11,312
up €11,312 (+5,757%), from €197 to €11,509
of which Taxes: +€6,412
- Other debts +€5,550
new in 2025: €5,550
- Trade debts -€3,387
down €3,387 (-26.7%), from €12,680 to €9,293
- Purchases and services +€92,817
new in 2025: €92,817
- Turnover +€79,757
new in 2025: €79,757
- Gross operating margin -€16,166
down €16,166 (-67.2%), from €24,057 to €7,891
- Depreciation -€5,120
down €5,120 (-79.1%), from €6,475 to €1,354
- Other operating charges -€1,616
no longer reported in 2025 (was €1,616)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,806 | €78,472 | +€35,666 | +83.3% |
| Fixed assets | 21/28 | €3,674 | €13,354 | +€9,680 | +263% |
| Tangible fixed assets | 22/27 | €3,674 | €13,354 | +€9,680 | +263% |
| Plant, machinery and equipment | 23 | €3,613 | €1,198 | -€2,415 | -66.8% |
| Furniture and vehicles | 24 | €61 | €12,156 | +€12,095 | +19,940% |
| Current assets | 29/58 | €39,132 | €65,118 | +€25,986 | +66.4% |
| Amounts receivable within one year | 40/41 | €30,611 | €50,945 | +€20,334 | +66.4% |
| Trade receivables | 40 | €7,286 | €24,810 | +€17,524 | +241% |
| Other amounts receivable | 41 | €23,325 | €26,135 | +€2,810 | +12.0% |
| Cash at bank and in hand | 54/58 | €8,521 | €14,173 | +€5,652 | +66.3% |
| Total equity and liabilities | 10/49 | €42,806 | €78,472 | +€35,666 | +83.3% |
| Equity | 10/15 | €29,930 | €52,121 | +€22,191 | +74.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,430 | €34,621 | +€22,191 | +179% |
| Amounts payable | 17/49 | €12,876 | €26,351 | +€13,475 | +105% |
| Amounts payable within one year | 42/48 | €12,876 | €26,351 | +€13,475 | +105% |
| Trade debts | 44 | €12,680 | €9,293 | -€3,387 | -26.7% |
| Suppliers | 440/4 | €12,680 | €9,293 | -€3,387 | -26.7% |
| Taxes, remuneration and social security | 45 | €197 | €11,509 | +€11,312 | +5,757% |
| Taxes | 450/3 | €197 | €6,609 | +€6,412 | +3,263% |
| Remuneration and social security | 454/9 | - | €4,900 | +€4,900 | |
| Other amounts payable | 47/48 | - | €5,550 | +€5,550 | |
| Turnover | 70 | - | €79,757 | +€79,757 | |
| Non-recurring operating income | 76A | - | €21,000 | +€21,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €92,817 | +€92,817 | |
| Remuneration, social security and pensions | 62 | €630 | - | -€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,475 | €1,354 | -€5,120 | -79.1% |
| Other operating charges | 640/8 | €1,616 | - | -€1,616 | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €24,057 | €7,891 | -€16,166 | -67.2% |
| Operating profit (loss) | 9901 | €15,336 | €6,537 | -€8,799 | -57.4% |
| Financial income | 75/76B | €25 | €13 | -€12 | -47.8% |
| Recurring financial income | 75 | €25 | €13 | -€12 | -47.8% |
| Financial charges | 65/66B | €1,532 | €621 | -€911 | -59.4% |
| Recurring financial charges | 65 | €1,532 | €621 | -€911 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €13,829 | €5,929 | -€7,900 | -57.1% |
| Income taxes | 67/77 | €553 | €1,607 | +€1,054 | +191% |
| Profit (loss) for the period | 9904 | €13,276 | €4,322 | -€8,954 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,276 | €4,322 | -€8,954 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.