Alfa Omega: 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.
Alfa Omega
Largest movements
- Tangible fixed assets +€601,611
up €601,611 (+22.1%), from €2.7m to €3.3m
of which Land and buildings: +€591,372
- Receivables within one year +€520,693
up €520,693 (+147%), from €354,159 to €874,852
of which Other amounts receivable: +€395,933
- Stocks and contracts +€332,831
up €332,831 (+15.2%), from €2.2m to €2.5m
- Debts after one year +€1.2m
up €1.2m (+50.5%), from €2.4m to €3.6m
- Other debts +€250,319
up €250,319 (+21.2%), from €1.2m to €1.4m
- Other operating charges -€72,633
down €72,633 (-72.0%), from €100,877 to €28,243
- Financial charges +€22,711
up €22,711 (+32.9%), from €68,952 to €91,663
- Depreciation +€19,029
up €19,029 (+18.3%), from €103,793 to €122,821
- Gross operating margin -€13,797
down €13,797 (-6.0%), from €228,474 to €214,676
- Financial income -€5,480
down €5,480 (-63.6%), from €8,622 to €3,142
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 | €5,481,541 | €6,933,200 | +€1.5m | +26.5% |
| Fixed assets | 21/28 | €2,718,069 | €3,319,680 | +€601,611 | +22.1% |
| Tangible fixed assets | 22/27 | €2,718,069 | €3,319,680 | +€601,611 | +22.1% |
| Land and buildings | 22 | €2,684,070 | €3,275,443 | +€591,372 | +22.0% |
| Furniture and vehicles | 24 | €3,121 | €1,788 | -€1,333 | -42.7% |
| Other tangible fixed assets | 26 | €30,878 | €42,449 | +€11,571 | +37.5% |
| Current assets | 29/58 | €2,763,472 | €3,613,520 | +€850,049 | +30.8% |
| Amounts receivable after more than one year | 29 | €186,000 | €186,000 | = | 0.0% |
| Other amounts receivable | 291 | €186,000 | €186,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,193,672 | €2,526,502 | +€332,831 | +15.2% |
| Stocks | 30/36 | €2,193,672 | €2,526,502 | +€332,831 | +15.2% |
| Amounts receivable within one year | 40/41 | €354,159 | €874,852 | +€520,693 | +147% |
| Trade receivables | 40 | €115,397 | €240,157 | +€124,760 | +108% |
| Other amounts receivable | 41 | €238,762 | €634,695 | +€395,933 | +166% |
| Cash at bank and in hand | 54/58 | €15,409 | €12,167 | -€3,243 | -21.0% |
| Deferred charges and accrued income | 490/1 | €14,232 | €13,999 | -€232 | -1.6% |
| Total equity and liabilities | 10/49 | €5,481,541 | €6,933,200 | +€1.5m | +26.5% |
| Equity | 10/15 | €1,768,956 | €1,743,893 | -€25,063 | -1.4% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €1,298,593 | €1,298,593 | = | 0.0% |
| Distributable reserves | 133 | €1,298,593 | €1,298,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | €395,363 | €370,300 | -€25,063 | -6.3% |
| Amounts payable | 17/49 | €3,712,585 | €5,189,307 | +€1.5m | +39.8% |
| Amounts payable after more than one year | 17 | €2,401,080 | €3,612,924 | +€1.2m | +50.5% |
| Financial debts | 170/4 | €2,401,080 | €3,612,924 | +€1.2m | +50.5% |
| Amounts payable within one year | 42/48 | €1,311,505 | €1,576,384 | +€264,879 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €114,501 | €115,156 | +€655 | +0.6% |
| Trade debts | 44 | €7,096 | €1,213 | -€5,883 | -82.9% |
| Suppliers | 440/4 | €7,096 | €1,213 | -€5,883 | -82.9% |
| Taxes, remuneration and social security | 45 | €11,564 | €31,352 | +€19,788 | +171% |
| Taxes | 450/3 | €11,564 | €31,352 | +€19,788 | +171% |
| Other amounts payable | 47/48 | €1,178,344 | €1,428,662 | +€250,319 | +21.2% |
| Non-recurring operating income | 76A | €613 | - | -€613 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,793 | €122,821 | +€19,029 | +18.3% |
| Other operating charges | 640/8 | €100,877 | €28,243 | -€72,633 | -72.0% |
| Non-recurring operating charges | 66A | €773 | - | -€773 | |
| Gross operating margin | 9900 | €228,474 | €214,676 | -€13,797 | -6.0% |
| Operating profit (loss) | 9901 | €23,031 | €63,612 | +€40,581 | +176% |
| Financial income | 75/76B | €8,622 | €3,142 | -€5,480 | -63.6% |
| Recurring financial income | 75 | €8,622 | €3,142 | -€5,480 | -63.6% |
| Financial charges | 65/66B | €68,952 | €91,663 | +€22,711 | +32.9% |
| Recurring financial charges | 65 | €68,952 | €91,663 | +€22,711 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | -€37,300 | -€24,910 | +€12,390 | +33.2% |
| Income taxes | 67/77 | €153 | €153 | +€0 | +0.2% |
| Profit (loss) for the period | 9904 | -€37,453 | -€25,063 | +€12,389 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,453 | -€25,063 | +€12,389 | +33.1% |
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 31 October 2026 via checked.be.