Alparda: 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.
Alparda
Largest movements
- Cash +€76,692
up €76,692 (+1468.1%), from €5,224 to €81,916
mainly Debts after one year (+€31,042) and Net result for the year (+€28,860)
- Tangible fixed assets -€36,396
down €36,396 (-31.3%), from €116,175 to €79,779
of which Land and buildings: -€90,133
- Receivables within one year -€18,121
down €18,121 (-10.0%), from €181,886 to €163,765
of which Trade receivables: -€21,162
- Profit (loss) carried forward -€59,190
down €59,190 (-29.5%), from €200,360 to €141,171
- Debts after one year +€31,042
new in 2025: €31,042
- Reserves +€28,750
up €28,750 (+958.3%), from €3,000 to €31,750
- Current portion of long-term debt +€12,095
new in 2025: €12,095
- Tax, wage and social debts +€11,411
up €11,411 (+34.6%), from €33,001 to €44,412
of which Taxes: +€6,932
- Staff costs -€27,543
down €27,543 (-20.9%), from €131,944 to €104,402
- Gross operating margin +€20,964
up €20,964 (+12.0%), from €175,413 to €196,378
- Taxes +€14,532
up €14,532 (+84.0%), from €17,295 to €31,827
- Depreciation +€3,779
up €3,779 (+22.4%), from €16,873 to €20,652
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,285 | €325,460 | +€21,175 | +7.0% |
| Fixed assets | 21/28 | €116,175 | €79,779 | -€36,396 | -31.3% |
| Tangible fixed assets | 22/27 | €116,175 | €79,779 | -€36,396 | -31.3% |
| Land and buildings | 22 | €90,133 | - | -€90,133 | |
| Furniture and vehicles | 24 | €26,042 | €79,779 | +€53,737 | +206.3% |
| Current assets | 29/58 | €188,110 | €245,681 | +€57,571 | +30.6% |
| Amounts receivable within one year | 40/41 | €181,886 | €163,765 | -€18,121 | -10.0% |
| Trade receivables | 40 | €169,441 | €148,280 | -€21,162 | -12.5% |
| Other amounts receivable | 41 | €12,444 | €15,485 | +€3,041 | +24.4% |
| Cash at bank and in hand | 54/58 | €5,224 | €81,916 | +€76,692 | +1468.1% |
| Deferred charges and accrued income | 490/1 | €1,000 | - | -€1,000 | |
| Total equity and liabilities | 10/49 | €304,285 | €325,460 | +€21,175 | +7.0% |
| Equity | 10/15 | €205,360 | €174,921 | -€30,440 | -14.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €31,750 | +€28,750 | +958.3% |
| Distributable reserves | 133 | €3,000 | €31,750 | +€28,750 | +958.3% |
| Profit (loss) carried forward | 14 | €200,360 | €141,171 | -€59,190 | -29.5% |
| Amounts payable | 17/49 | €98,925 | €150,539 | +€51,615 | +52.2% |
| Amounts payable after more than one year | 17 | - | €31,042 | +€31,042 | |
| Financial debts | 170/4 | - | €31,042 | +€31,042 | |
| Amounts payable within one year | 42/48 | €98,925 | €119,497 | +€20,573 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,095 | +€12,095 | |
| Trade debts | 44 | €40,024 | €31,489 | -€8,534 | -21.3% |
| Suppliers | 440/4 | €40,024 | €31,489 | -€8,534 | -21.3% |
| Taxes, remuneration and social security | 45 | €33,001 | €44,412 | +€11,411 | +34.6% |
| Taxes | 450/3 | €28,395 | €35,327 | +€6,932 | +24.4% |
| Remuneration and social security | 454/9 | €4,606 | €9,086 | +€4,480 | +97.3% |
| Other amounts payable | 47/48 | €25,900 | €31,500 | +€5,600 | +21.6% |
| Non-recurring operating income | 76A | €465 | €38,492 | +€38,027 | +8172.8% |
| Remuneration, social security and pensions | 62 | €131,944 | €104,402 | -€27,543 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,873 | €20,652 | +€3,779 | +22.4% |
| Other operating charges | 640/8 | €5,722 | €4,801 | -€921 | -16.1% |
| Non-recurring operating charges | 66A | €6 | €4,167 | +€4,160 | +64299.8% |
| Gross operating margin | 9900 | €175,413 | €196,378 | +€20,964 | +12.0% |
| Operating profit (loss) | 9901 | €20,868 | €62,356 | +€41,488 | +198.8% |
| Financial income | 75/76B | - | €106 | +€106 | |
| Recurring financial income | 75 | - | €106 | +€106 | |
| Financial charges | 65/66B | €336 | €1,775 | +€1,440 | +429.1% |
| Recurring financial charges | 65 | €336 | €1,775 | +€1,440 | +429.1% |
| Profit (loss) for the period before taxes | 9903 | €20,532 | €60,687 | +€40,155 | +195.6% |
| Income taxes | 67/77 | €17,295 | €31,827 | +€14,532 | +84.0% |
| Profit (loss) for the period | 9904 | €3,237 | €28,860 | +€25,623 | +791.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,237 | €28,860 | +€25,623 | +791.5% |
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 3 October 2026 via checked.be.