ALFABET: what changed
Two fiscal 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.
What changed
ALFABET
NACE 74.301, Translation services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€3,444
2024 · -€3,075-€369
Equity
€101,507
2024 · €104,951-€3,444
Cash
€2,740
2024 · €2,365+€375
Balance sheet total
€209,719
2024 · €217,340-€7,621
Largest movements
Assets
- Tangible fixed assets -€7,074
down €7,074 (-12.6%), from €56,205 to €49,131
of which Land and buildings: -€6,766
Equity and liabilities
- Trade debts -€5,158
down €5,158 (-58.2%), from €8,870 to €3,712
- Profit (loss) carried forward -€3,444
down €3,444 (-22.6%), from -€15,207 to -€18,651
Income statement
- Gross operating margin -€615
down €615 (-8.4%), from €7,362 to €6,747
- Financial charges -€249
down €249 (-11.3%), from €2,209 to €1,960
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.
Result 2024
-€3,075
Gross operating margin
-€615
Depreciation
+€27
Other operating charges
-€26
Financial income
-€2
Financial charges
+€249
Taxes
-€0
Result 2025
-€3,444
Cash bridge derived
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.
From operations
+€111
Investment
+€406
Financing
-€142
Cash 2024
€2,365
From operations (derived)
+€111
Net result for the year
-€3,444
Depreciation
+€7,072
Receivables within one year
+€518
Trade debts
-€5,158
Tax, wage and social debts
+€229
Other debts
+€894
Investment (derived)
+€406
Investment in fixed assets (net)
+€2
Current investments
+€404
Financing
-€142
Short-term financial debts
-€142
Cash 2025
€2,740
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €217,340 | €209,719 | -€7,621 | -3.5% |
| Fixed assets | 21/28 | €56,205 | €49,131 | -€7,074 | -12.6% |
| Tangible fixed assets | 22/27 | €56,205 | €49,131 | -€7,074 | -12.6% |
| Land and buildings | 22 | €55,508 | €48,742 | -€6,766 | -12.2% |
| Furniture and vehicles | 24 | €697 | €389 | -€308 | -44.2% |
| Current assets | 29/58 | €161,135 | €160,588 | -€547 | -0.3% |
| Stocks and contracts in progress | 3 | €151,591 | €151,591 | = | 0.0% |
| Stocks | 30/36 | €151,591 | €151,591 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,774 | €6,257 | -€518 | -7.6% |
| Trade receivables | 40 | €6,774 | €6,257 | -€518 | -7.6% |
| Current investments | 50/53 | €404 | - | -€404 | |
| Cash at bank and in hand | 54/58 | €2,365 | €2,740 | +€375 | +15.9% |
| Total equity and liabilities | 10/49 | €217,340 | €209,719 | -€7,621 | -3.5% |
| Equity | 10/15 | €104,951 | €101,507 | -€3,444 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,558 | €101,558 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €441 | €441 | = | 0.0% |
| Distributable reserves | 133 | €99,258 | €99,258 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,207 | -€18,651 | -€3,444 | -22.6% |
| Amounts payable | 17/49 | €112,389 | €108,212 | -€4,177 | -3.7% |
| Amounts payable after more than one year | 17 | €75,000 | €75,000 | = | 0.0% |
| Financial debts | 170/4 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,389 | €33,212 | -€4,177 | -11.2% |
| Financial debts | 43 | €14,812 | €14,670 | -€142 | -1.0% |
| Credit institutions | 430/8 | €14,812 | €14,670 | -€142 | -1.0% |
| Trade debts | 44 | €8,870 | €3,712 | -€5,158 | -58.2% |
| Suppliers | 440/4 | €8,870 | €3,712 | -€5,158 | -58.2% |
| Taxes, remuneration and social security | 45 | €5 | €234 | +€229 | +4685.1% |
| Taxes | 450/3 | €5 | €234 | +€229 | +4685.1% |
| Other amounts payable | 47/48 | €13,701 | €14,595 | +€894 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,099 | €7,072 | -€27 | -0.4% |
| Other operating charges | 640/8 | €1,133 | €1,159 | +€26 | +2.3% |
| Gross operating margin | 9900 | €7,362 | €6,747 | -€615 | -8.4% |
| Operating profit (loss) | 9901 | -€869 | -€1,484 | -€615 | -70.8% |
| Financial income | 75/76B | €3 | €1 | -€2 | -64.0% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -64.0% |
| Financial charges | 65/66B | €2,209 | €1,960 | -€249 | -11.3% |
| Recurring financial charges | 65 | €2,209 | €1,960 | -€249 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,075 | -€3,444 | -€369 | -12.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€3,075 | -€3,444 | -€369 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,075 | -€3,444 | -€369 | -12.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.