ALPE: 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.
ALPE
Largest movements
- Cash +€104,870
up €104,870 (+5330.9%), from €1,967 to €106,837
mainly Net result for the year (+€95,177) and Stocks and contracts (+€70,000)
- Stocks and contracts -€70,000
down €70,000 (-20.0%), from €350,020 to €280,020
- Profit (loss) carried forward +€95,177
up €95,177 (+46.2%), from -€205,823 to -€110,646
- Other debts -€70,265
down €70,265 (-11.0%), from €639,511 to €569,246
- Gross operating margin +€98,088
up €98,088, from -€1,796 to €96,292
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 | €688,057 | €718,927 | +€30,870 | +4.5% |
| Fixed assets | 21/28 | €226,180 | €226,180 | = | 0.0% |
| Tangible fixed assets | 22/27 | €210,000 | €210,000 | = | 0.0% |
| Land and buildings | 22 | €210,000 | €210,000 | = | 0.0% |
| Financial fixed assets | 28 | €16,180 | €16,180 | = | 0.0% |
| Current assets | 29/58 | €461,877 | €492,747 | +€30,870 | +6.7% |
| Stocks and contracts in progress | 3 | €350,020 | €280,020 | -€70,000 | -20.0% |
| Stocks | 30/36 | €350,020 | €280,020 | -€70,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €109,890 | €105,890 | -€4,000 | -3.6% |
| Trade receivables | 40 | €105,890 | €101,890 | -€4,000 | -3.8% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,967 | €106,837 | +€104,870 | +5330.9% |
| Total equity and liabilities | 10/49 | €688,057 | €718,927 | +€30,870 | +4.5% |
| Equity | 10/15 | €44,177 | €139,354 | +€95,177 | +215.4% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€205,823 | -€110,646 | +€95,177 | +46.2% |
| Amounts payable | 17/49 | €643,880 | €579,573 | -€64,307 | -10.0% |
| Amounts payable within one year | 42/48 | €643,880 | €579,573 | -€64,307 | -10.0% |
| Trade debts | 44 | €1,368 | €2,326 | +€958 | +70.0% |
| Suppliers | 440/4 | €1,368 | €2,326 | +€958 | +70.0% |
| Advances received on contracts in progress | 46 | €3,000 | €8,000 | +€5,000 | +166.7% |
| Other amounts payable | 47/48 | €639,511 | €569,246 | -€70,265 | -11.0% |
| Other operating charges | 640/8 | €798 | €1,028 | +€230 | +28.8% |
| Gross operating margin | 9900 | -€1,796 | €96,292 | +€98,088 | |
| Operating profit (loss) | 9901 | -€2,594 | €95,264 | +€97,858 | |
| Financial charges | 65/66B | €108 | €87 | -€21 | -19.7% |
| Recurring financial charges | 65 | €108 | €87 | -€21 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,702 | €95,177 | +€97,880 | |
| Profit (loss) for the period | 9904 | -€2,702 | €95,177 | +€97,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,702 | €95,177 | +€97,880 |
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 5 October 2026 via checked.be.