ALPAROM: 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.
ALPAROM
Largest movements
- Cash -€255,172
down €255,172 (-98.5%), from €259,068 to €3,896
mainly Net result for the year (-€175,572) and Trade debts (-€142,114)
- Stocks and contracts -€132,878
down €132,878 (-25.9%), from €513,753 to €380,875
- Receivables within one year -€129,996
down €129,996 (-27.2%), from €478,069 to €348,072
of which Trade receivables: -€136,611
- Reserves -€175,572
down €175,572 (-25.2%), from €695,699 to €520,128
of which Distributable reserves: -€175,572
- Trade debts -€142,114
down €142,114 (-62.3%), from €227,983 to €85,869
- Short-term financial debts -€100,000
no longer reported in 2024 (was €100,000)
- Accrued charges and deferred income -€48,782
down €48,782 (-76.4%), from €63,821 to €15,040
- Debts after one year -€43,501
no longer reported in 2024 (was €43,501)
- Gross operating margin -€364,203
down €364,203, from €361,175 to -€3,028
- Taxes -€71,948
down €71,948 (-99.8%), from €72,116 to €168
- Financial income -€15,751
down €15,751 (-47.5%), from €33,127 to €17,376
- Staff costs -€13,038
down €13,038 (-7.6%), from €170,550 to €157,512
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,272,258 | €744,597 | -€527,661 | -41.5% |
| Fixed assets | 21/28 | €19,260 | €11,233 | -€8,027 | -41.7% |
| Tangible fixed assets | 22/27 | €19,260 | €11,233 | -€8,027 | -41.7% |
| Plant, machinery and equipment | 23 | €10,408 | €6,990 | -€3,419 | -32.8% |
| Furniture and vehicles | 24 | €8,852 | €4,243 | -€4,608 | -52.1% |
| Current assets | 29/58 | €1,252,998 | €733,364 | -€519,634 | -41.5% |
| Stocks and contracts in progress | 3 | €513,753 | €380,875 | -€132,878 | -25.9% |
| Stocks | 30/36 | €513,753 | €380,875 | -€132,878 | -25.9% |
| Amounts receivable within one year | 40/41 | €478,069 | €348,072 | -€129,996 | -27.2% |
| Trade receivables | 40 | €297,557 | €160,946 | -€136,611 | -45.9% |
| Other amounts receivable | 41 | €180,512 | €187,127 | +€6,615 | +3.7% |
| Cash at bank and in hand | 54/58 | €259,068 | €3,896 | -€255,172 | -98.5% |
| Deferred charges and accrued income | 490/1 | €2,108 | €520 | -€1,588 | -75.3% |
| Total equity and liabilities | 10/49 | €1,272,258 | €744,597 | -€527,661 | -41.5% |
| Equity | 10/15 | €701,899 | €526,328 | -€175,572 | -25.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €695,699 | €520,128 | -€175,572 | -25.2% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €676,949 | €501,378 | -€175,572 | -25.9% |
| Amounts payable | 17/49 | €570,359 | €218,270 | -€352,089 | -61.7% |
| Amounts payable after more than one year | 17 | €43,501 | - | -€43,501 | |
| Financial debts | 170/4 | €43,501 | - | -€43,501 | |
| Amounts payable within one year | 42/48 | €463,036 | €203,230 | -€259,806 | -56.1% |
| Current portion of amounts payable after more than one year | 42 | €50,310 | €43,501 | -€6,809 | -13.5% |
| Financial debts | 43 | €100,000 | - | -€100,000 | |
| Other loans | 439 | €100,000 | - | -€100,000 | |
| Trade debts | 44 | €227,983 | €85,869 | -€142,114 | -62.3% |
| Suppliers | 440/4 | €227,983 | €85,869 | -€142,114 | -62.3% |
| Advances received on contracts in progress | 46 | €17,424 | €18,646 | +€1,222 | +7.0% |
| Taxes, remuneration and social security | 45 | €65,320 | €55,215 | -€10,105 | -15.5% |
| Taxes | 450/3 | €42,293 | €40,884 | -€1,409 | -3.3% |
| Remuneration and social security | 454/9 | €23,027 | €14,331 | -€8,696 | -37.8% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Accrued charges and deferred income | 492/3 | €63,821 | €15,040 | -€48,782 | -76.4% |
| Remuneration, social security and pensions | 62 | €170,550 | €157,512 | -€13,038 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,774 | €8,027 | -€747 | -8.5% |
| Other operating charges | 640/8 | €1,764 | €1,420 | -€343 | -19.5% |
| Gross operating margin | 9900 | €361,175 | -€3,028 | -€364,203 | |
| Operating profit (loss) | 9901 | €180,089 | -€169,987 | -€350,075 | |
| Financial income | 75/76B | €33,127 | €17,376 | -€15,751 | -47.5% |
| Recurring financial income | 75 | €33,127 | €17,376 | -€15,751 | -47.5% |
| Financial charges | 65/66B | €22,895 | €22,792 | -€102 | -0.4% |
| Recurring financial charges | 65 | €22,895 | €22,792 | -€102 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €190,321 | -€175,403 | -€365,725 | |
| Income taxes | 67/77 | €72,116 | €168 | -€71,948 | -99.8% |
| Profit (loss) for the period | 9904 | €118,205 | -€175,572 | -€293,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,205 | -€175,572 | -€293,777 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.