ALPAS CC: 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.
ALPAS CC
Largest movements
- Cash +€43,933
up €43,933 (+84.8%), from €51,804 to €95,736
mainly Net result for the year (+€40,699) and Tax, wage and social debts (+€14,353)
- Receivables within one year +€20,790
up €20,790 (+56.4%), from €36,883 to €57,673
of which Trade receivables: +€10,399
- Tangible fixed assets +€8,134
up €8,134 (+27.5%), from €29,577 to €37,710
of which Leasing and similar rights: +€16,621
- Reserves +€40,699
new in 2025: €40,699
- Tax, wage and social debts +€14,353
up €14,353 (+50.4%), from €28,468 to €42,821
- Debts after one year +€12,201
new in 2025: €12,201
- Current portion of long-term debt +€4,066
up €4,066, from €0 to €4,066
- Depreciation -€5,993
down €5,993 (-47.0%), from €12,738 to €6,745
- Taxes +€4,103
up €4,103 (+31.3%), from €13,093 to €17,197
- Gross operating margin +€2,106
up €2,106 (+2.9%), from €72,166 to €74,272
- Financial charges +€1,360
up €1,360 (+93.7%), from €1,451 to €2,811
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 | €130,954 | €203,020 | +€72,066 | +55.0% |
| Fixed assets | 21/28 | €29,577 | €37,710 | +€8,134 | +27.5% |
| Tangible fixed assets | 22/27 | €29,577 | €37,710 | +€8,134 | +27.5% |
| Plant, machinery and equipment | 23 | €18,895 | €5,833 | -€13,062 | -69.1% |
| Furniture and vehicles | 24 | €10,682 | €15,257 | +€4,575 | +42.8% |
| Leasing and similar rights | 25 | - | €16,621 | +€16,621 | |
| Current assets | 29/58 | €101,377 | €165,309 | +€63,932 | +63.1% |
| Stocks and contracts in progress | 3 | €10,481 | €8,753 | -€1,728 | -16.5% |
| Stocks | 30/36 | €10,481 | €8,753 | -€1,728 | -16.5% |
| Amounts receivable within one year | 40/41 | €36,883 | €57,673 | +€20,790 | +56.4% |
| Trade receivables | 40 | €26,690 | €37,089 | +€10,399 | +39.0% |
| Other amounts receivable | 41 | €10,192 | €20,583 | +€10,391 | +102% |
| Cash at bank and in hand | 54/58 | €51,804 | €95,736 | +€43,933 | +84.8% |
| Deferred charges and accrued income | 490/1 | €2,210 | €3,147 | +€938 | +42.4% |
| Total equity and liabilities | 10/49 | €130,954 | €203,020 | +€72,066 | +55.0% |
| Equity | 10/15 | €102,237 | €142,936 | +€40,699 | +39.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €40,699 | +€40,699 | |
| Distributable reserves | 133 | - | €40,699 | +€40,699 | |
| Profit (loss) carried forward | 14 | €97,237 | €97,237 | = | 0.0% |
| Amounts payable | 17/49 | €28,717 | €60,084 | +€31,367 | +109% |
| Amounts payable after more than one year | 17 | - | €12,201 | +€12,201 | |
| Financial debts | 170/4 | - | €12,201 | +€12,201 | |
| Amounts payable within one year | 42/48 | €28,717 | €47,883 | +€19,166 | +66.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €4,066 | +€4,066 | |
| Trade debts | 44 | €249 | €995 | +€746 | +300% |
| Suppliers | 440/4 | €249 | €995 | +€746 | +300% |
| Taxes, remuneration and social security | 45 | €28,468 | €42,821 | +€14,353 | +50.4% |
| Taxes | 450/3 | €28,468 | €42,821 | +€14,353 | +50.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €10,321 | +€10,321 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,738 | €6,745 | -€5,993 | -47.0% |
| Other operating charges | 640/8 | €854 | €718 | -€136 | -15.9% |
| Non-recurring operating charges | 66A | €0 | €6,933 | +€6,933 | |
| Gross operating margin | 9900 | €72,166 | €74,272 | +€2,106 | +2.9% |
| Operating profit (loss) | 9901 | €58,573 | €59,876 | +€1,302 | +2.2% |
| Financial income | 75/76B | €679 | €831 | +€152 | +22.4% |
| Recurring financial income | 75 | €679 | €831 | +€152 | +22.4% |
| Financial charges | 65/66B | €1,451 | €2,811 | +€1,360 | +93.7% |
| Recurring financial charges | 65 | €1,451 | €2,811 | +€1,360 | +93.7% |
| Profit (loss) for the period before taxes | 9903 | €57,802 | €57,896 | +€94 | +0.2% |
| Income taxes | 67/77 | €13,093 | €17,197 | +€4,103 | +31.3% |
| Profit (loss) for the period | 9904 | €44,708 | €40,699 | -€4,009 | -9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,708 | €40,699 | -€4,009 | -9.0% |
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 17 October 2026 via checked.be.