ALPAKA: 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.
ALPAKA
Largest movements
- Cash -€17,323
down €17,323 (-8.4%), from €206,323 to €189,000
mainly Other debts (-€21,500) and Contributions, distributions and other (-€17,500)
- Other debts -€21,500
down €21,500 (-55.1%), from €39,000 to €17,500
- Tax, wage and social debts +€3,742
up €3,742 (+2,462%), from €152 to €3,894
- Turnover +€10,065
up €10,065 (+18.8%), from €53,618 to €63,683
- Gross operating margin +€7,433
up €7,433 (+18.2%), from €40,767 to €48,200
- Taxes +€5,319
up €5,319 (+2,062%), from €258 to €5,577
- Other operating charges +€2,636
up €2,636 (+21.8%), from €12,105 to €14,741
- Purchases and services +€2,632
up €2,632 (+20.5%), from €12,851 to €15,483
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 | €366,719 | €351,102 | -€15,617 | -4.3% |
| Fixed assets | 21/28 | €160,035 | €162,039 | +€2,004 | +1.3% |
| Tangible fixed assets | 22/27 | €115,835 | €117,839 | +€2,004 | +1.7% |
| Land and buildings | 22 | €102,145 | €95,808 | -€6,337 | -6.2% |
| Plant, machinery and equipment | 23 | €540 | €14,552 | +€14,012 | +2,595% |
| Furniture and vehicles | 24 | €13,150 | €7,479 | -€5,671 | -43.1% |
| Financial fixed assets | 28 | €44,200 | €44,200 | = | 0.0% |
| Current assets | 29/58 | €206,684 | €189,063 | -€17,621 | -8.5% |
| Amounts receivable within one year | 40/41 | €71 | - | -€71 | |
| Other amounts receivable | 41 | €71 | - | -€71 | |
| Cash at bank and in hand | 54/58 | €206,323 | €189,000 | -€17,323 | -8.4% |
| Deferred charges and accrued income | 490/1 | €290 | €63 | -€227 | -78.3% |
| Total equity and liabilities | 10/49 | €366,719 | €351,102 | -€15,617 | -4.3% |
| Equity | 10/15 | €316,247 | €316,326 | +€79 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €253,700 | €253,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,601 | €3,601 | = | 0.0% |
| Legal reserve | 130 | €3,601 | €3,601 | = | 0.0% |
| Distributable reserves | 133 | €250,099 | €250,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €547 | €626 | +€79 | +14.4% |
| Provisions and deferred taxes | 16 | €456 | €456 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €456 | €456 | = | 0.0% |
| Major repairs and maintenance | 162 | €456 | €456 | = | 0.0% |
| Amounts payable | 17/49 | €50,016 | €34,320 | -€15,696 | -31.4% |
| Amounts payable after more than one year | 17 | - | €1,250 | +€1,250 | |
| Other amounts payable | 178/9 | - | €1,250 | +€1,250 | |
| Amounts payable within one year | 42/48 | €50,016 | €32,570 | -€17,446 | -34.9% |
| Trade debts | 44 | €1,256 | €1,324 | +€68 | +5.4% |
| Suppliers | 440/4 | €1,256 | €1,324 | +€68 | +5.4% |
| Advances received on contracts in progress | 46 | €9,608 | €9,852 | +€244 | +2.5% |
| Taxes, remuneration and social security | 45 | €152 | €3,894 | +€3,742 | +2,462% |
| Taxes | 450/3 | €152 | €3,894 | +€3,742 | +2,462% |
| Other amounts payable | 47/48 | €39,000 | €17,500 | -€21,500 | -55.1% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Turnover | 70 | €53,618 | €63,683 | +€10,065 | +18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €12,851 | €15,483 | +€2,632 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,007 | €14,126 | +€1,119 | +8.6% |
| Other operating charges | 640/8 | €12,105 | €14,741 | +€2,636 | +21.8% |
| Gross operating margin | 9900 | €40,767 | €48,200 | +€7,433 | +18.2% |
| Operating profit (loss) | 9901 | €15,655 | €19,333 | +€3,678 | +23.5% |
| Financial income | 75/76B | €3,596 | €4,312 | +€716 | +19.9% |
| Recurring financial income | 75 | €3,596 | €4,312 | +€716 | +19.9% |
| Financial charges | 65/66B | €334 | €489 | +€155 | +46.4% |
| Recurring financial charges | 65 | €334 | €489 | +€155 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €18,917 | €23,156 | +€4,239 | +22.4% |
| Income taxes | 67/77 | €258 | €5,577 | +€5,319 | +2,062% |
| Profit (loss) for the period | 9904 | €18,659 | €17,579 | -€1,080 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,659 | €17,579 | -€1,080 | -5.8% |
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 20 October 2026 via checked.be.