ALPAGA CONSULTING: 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.
ALPAGA CONSULTING
Largest movements
- Cash +€66,734
up €66,734 (+43.0%), from €155,316 to €222,050
mainly Net result for the year (+€112,858) and Receivables after one year (+€7,535)
- Current investments +€48,853
up €48,853 (+84.2%), from €58,000 to €106,853
- Receivables after one year -€7,535
down €7,535 (-43.9%), from €17,167 to €9,632
- Profit (loss) carried forward +€112,858
up €112,858 (+54.2%), from €208,179 to €321,036
- Tax, wage and social debts -€9,216
down €9,216 (-15.6%), from €59,018 to €49,802
of which Taxes: -€9,216
- Gross operating margin -€5,197
down €5,197 (-3.4%), from €152,115 to €146,918
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 | €279,602 | €386,913 | +€107,311 | +38.4% |
| Fixed assets | 21/28 | €3,429 | €1,981 | -€1,448 | -42.2% |
| Tangible fixed assets | 22/27 | €3,429 | €1,981 | -€1,448 | -42.2% |
| Plant, machinery and equipment | 23 | €1,603 | €1,218 | -€385 | -24.0% |
| Furniture and vehicles | 24 | €1,825 | €762 | -€1,063 | -58.2% |
| Current assets | 29/58 | €276,173 | €384,932 | +€108,759 | +39.4% |
| Amounts receivable after more than one year | 29 | €17,167 | €9,632 | -€7,535 | -43.9% |
| Other amounts receivable | 291 | €17,167 | €9,632 | -€7,535 | -43.9% |
| Amounts receivable within one year | 40/41 | €44,360 | €43,445 | -€915 | -2.1% |
| Trade receivables | 40 | €36,972 | €35,910 | -€1,062 | -2.9% |
| Other amounts receivable | 41 | €7,388 | €7,535 | +€148 | +2.0% |
| Current investments | 50/53 | €58,000 | €106,853 | +€48,853 | +84.2% |
| Cash at bank and in hand | 54/58 | €155,316 | €222,050 | +€66,734 | +43.0% |
| Deferred charges and accrued income | 490/1 | €1,330 | €2,952 | +€1,622 | +122% |
| Total equity and liabilities | 10/49 | €279,602 | €386,913 | +€107,311 | +38.4% |
| Equity | 10/15 | €213,179 | €326,036 | +€112,858 | +52.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,179 | €321,036 | +€112,858 | +54.2% |
| Amounts payable | 17/49 | €66,423 | €60,876 | -€5,547 | -8.4% |
| Amounts payable within one year | 42/48 | €66,423 | €60,876 | -€5,547 | -8.4% |
| Trade debts | 44 | €7,405 | €11,074 | +€3,669 | +49.6% |
| Suppliers | 440/4 | €7,405 | €11,074 | +€3,669 | +49.6% |
| Taxes, remuneration and social security | 45 | €59,018 | €49,802 | -€9,216 | -15.6% |
| Taxes | 450/3 | €55,818 | €46,602 | -€9,216 | -16.5% |
| Remuneration and social security | 454/9 | €3,200 | €3,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €1,448 | +€271 | +23.0% |
| Other operating charges | 640/8 | €569 | €554 | -€15 | -2.6% |
| Gross operating margin | 9900 | €152,115 | €146,918 | -€5,197 | -3.4% |
| Operating profit (loss) | 9901 | €150,368 | €144,916 | -€5,452 | -3.6% |
| Financial income | 75/76B | €414 | €1,496 | +€1,082 | +262% |
| Recurring financial income | 75 | €414 | €1,496 | +€1,082 | +262% |
| Financial charges | 65/66B | €340 | €229 | -€111 | -32.6% |
| Recurring financial charges | 65 | €340 | €229 | -€111 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €150,442 | €146,182 | -€4,260 | -2.8% |
| Income taxes | 67/77 | €33,690 | €33,325 | -€365 | -1.1% |
| Profit (loss) for the period | 9904 | €116,752 | €112,858 | -€3,895 | -3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €116,752 | €112,858 | -€3,895 | -3.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.