ALPE VALEURS: 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.
ALPE VALEURS
Largest movements
- Cash +€45,344
up €45,344 (+3,011%), from €1,506 to €46,850
mainly Net result for the year (+€34,070) and Tax, wage and social debts (+€16,953)
- Tangible fixed assets +€5,708
new in 2025: €5,708
- Reserves +€33,605
new in 2025: €33,605
- Tax, wage and social debts +€16,953
new in 2025: €16,953
- Gross operating margin +€50,399
up €50,399, from -€462 to €49,937
- Taxes +€9,665
new in 2025: €9,665
- Other operating charges +€2,403
new in 2025: €2,403
- Depreciation +€1,932
new in 2025: €1,932
- Staff costs +€1,824
new in 2025: €1,824
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 | €1,535 | €52,557 | +€51,022 | +3,324% |
| Fixed assets | 21/28 | - | €5,708 | +€5,708 | |
| Tangible fixed assets | 22/27 | - | €5,708 | +€5,708 | |
| Furniture and vehicles | 24 | - | €5,708 | +€5,708 | |
| Current assets | 29/58 | €1,535 | €46,850 | +€45,315 | +2,952% |
| Amounts receivable within one year | 40/41 | €29 | - | -€29 | |
| Other amounts receivable | 41 | €29 | - | -€29 | |
| Cash at bank and in hand | 54/58 | €1,506 | €46,850 | +€45,344 | +3,011% |
| Total equity and liabilities | 10/49 | €1,535 | €52,557 | +€51,022 | +3,324% |
| Equity | 10/15 | €1,535 | €35,605 | +€34,070 | +2,219% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €33,605 | +€33,605 | |
| Distributable reserves | 133 | - | €33,605 | +€33,605 | |
| Profit (loss) carried forward | 14 | -€465 | - | +€465 | |
| Amounts payable | 17/49 | - | €16,953 | +€16,953 | |
| Amounts payable within one year | 42/48 | - | €16,953 | +€16,953 | |
| Taxes, remuneration and social security | 45 | - | €16,953 | +€16,953 | |
| Taxes | 450/3 | - | €16,953 | +€16,953 | |
| Remuneration, social security and pensions | 62 | - | €1,824 | +€1,824 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,932 | +€1,932 | |
| Other operating charges | 640/8 | - | €2,403 | +€2,403 | |
| Gross operating margin | 9900 | -€462 | €49,937 | +€50,399 | |
| Operating profit (loss) | 9901 | -€462 | €43,778 | +€44,240 | |
| Financial charges | 65/66B | €3 | €43 | +€40 | +1,332% |
| Recurring financial charges | 65 | €3 | €43 | +€40 | +1,332% |
| Profit (loss) for the period before taxes | 9903 | -€465 | €43,735 | +€44,200 | |
| Income taxes | 67/77 | - | €9,665 | +€9,665 | |
| Profit (loss) for the period | 9904 | -€465 | €34,070 | +€34,534 | |
| Profit (loss) for the period to be appropriated | 9905 | -€465 | €34,070 | +€34,534 |
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 23 October 2026 via checked.be.