Alfabet: 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.
Alfabet
Largest movements
- Tangible fixed assets -€1,900
no longer reported in 2025 (was €1,900)
- Cash +€861
up €861 (+119%), from €721 to €1,582
mainly Net result for the year (+€7,741) and Other debts (+€5,310)
- Trade debts -€8,697
down €8,697 (-85.3%), from €10,198 to €1,501
- Profit (loss) carried forward +€7,741
up €7,741 (+6.5%), from -€118,317 to -€110,576
- Advances received -€5,526
down €5,526 (-66.3%), from €8,340 to €2,814
- Other debts +€5,310
up €5,310 (+16.7%), from €31,820 to €37,131
- Tax, wage and social debts +€133
up €133 (+4.9%), from €2,694 to €2,826
- Gross operating margin +€8,477
up €8,477 (+193%), from €4,389 to €12,866
- Other operating charges -€1,777
down €1,777 (-51.3%), from €3,463 to €1,685
- Depreciation +€814
up €814 (+75.0%), from €1,086 to €1,900
- Staff costs -€485
no longer reported in 2025 (was €485)
- Financial charges -€269
down €269 (-34.3%), from €784 to €515
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 | €2,906 | €1,867 | -€1,039 | -35.8% |
| Fixed assets | 21/28 | €1,900 | - | -€1,900 | |
| Tangible fixed assets | 22/27 | €1,900 | - | -€1,900 | |
| Furniture and vehicles | 24 | €1,900 | - | -€1,900 | |
| Current assets | 29/58 | €1,006 | €1,867 | +€861 | +85.6% |
| Amounts receivable within one year | 40/41 | €285 | €285 | = | 0.0% |
| Other amounts receivable | 41 | €285 | €285 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €721 | €1,582 | +€861 | +119% |
| Total equity and liabilities | 10/49 | €2,906 | €1,867 | -€1,039 | -35.8% |
| Equity | 10/15 | -€50,146 | -€42,405 | +€7,741 | +15.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,317 | -€110,576 | +€7,741 | +6.5% |
| Amounts payable | 17/49 | €53,052 | €44,272 | -€8,780 | -16.6% |
| Amounts payable within one year | 42/48 | €53,052 | €44,272 | -€8,780 | -16.6% |
| Trade debts | 44 | €10,198 | €1,501 | -€8,697 | -85.3% |
| Suppliers | 440/4 | €10,198 | €1,501 | -€8,697 | -85.3% |
| Advances received on contracts in progress | 46 | €8,340 | €2,814 | -€5,526 | -66.3% |
| Taxes, remuneration and social security | 45 | €2,694 | €2,826 | +€133 | +4.9% |
| Taxes | 450/3 | €2,694 | €2,826 | +€133 | +4.9% |
| Other amounts payable | 47/48 | €31,820 | €37,131 | +€5,310 | +16.7% |
| Remuneration, social security and pensions | 62 | €485 | - | -€485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,086 | €1,900 | +€814 | +75.0% |
| Other operating charges | 640/8 | €3,463 | €1,685 | -€1,777 | -51.3% |
| Non-recurring operating charges | 66A | - | €1,024 | +€1,024 | |
| Gross operating margin | 9900 | €4,389 | €12,866 | +€8,477 | +193% |
| Operating profit (loss) | 9901 | -€644 | €8,256 | +€8,900 | |
| Financial charges | 65/66B | €784 | €515 | -€269 | -34.3% |
| Recurring financial charges | 65 | €784 | €515 | -€269 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,428 | €7,741 | +€9,170 | |
| Income taxes | 67/77 | €12 | - | -€12 | |
| Profit (loss) for the period | 9904 | -€1,440 | €7,741 | +€9,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,440 | €7,741 | +€9,181 |
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.