ALPEF: 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.
ALPEF
Largest movements
- Receivables within one year +€154,927
up €154,927 (+83.6%), from €185,308 to €340,235
of which Trade receivables: +€157,105
- Stocks and contracts +€132,777
up €132,777 (+474.2%), from €28,000 to €160,777
- Tangible fixed assets +€5,506
up €5,506 (+62.7%), from €8,777 to €14,283
- Profit (loss) carried forward +€187,399
up €187,399 (+318.2%), from €58,898 to €246,297
- Trade debts +€49,737
up €49,737 (+44.5%), from €111,862 to €161,599
- Advances received +€42,140
new in 2024: €42,140
- Tax, wage and social debts +€21,477
up €21,477 (+301.3%), from €7,129 to €28,606
of which Taxes: +€12,804
- Debts after one year -€16,520
down €16,520 (-30.8%), from €53,612 to €37,092
- Gross operating margin +€160,811
up €160,811 (+130.4%), from €123,361 to €284,172
- Staff costs +€21,836
up €21,836 (+46.7%), from €46,796 to €68,632
- Financial charges +€5,790
up €5,790 (+38.6%), from €14,998 to €20,788
of which Non-recurring financial charges: +€3,584
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 | €248,037 | €538,541 | +€290,504 | +117.1% |
| Fixed assets | 21/28 | €8,777 | €14,283 | +€5,506 | +62.7% |
| Tangible fixed assets | 22/27 | €8,777 | €14,283 | +€5,506 | +62.7% |
| Furniture and vehicles | 24 | €8,777 | €14,283 | +€5,506 | +62.7% |
| Current assets | 29/58 | €239,261 | €524,258 | +€284,998 | +119.1% |
| Stocks and contracts in progress | 3 | €28,000 | €160,777 | +€132,777 | +474.2% |
| Stocks | 30/36 | €28,000 | €160,777 | +€132,777 | +474.2% |
| Amounts receivable within one year | 40/41 | €185,308 | €340,235 | +€154,927 | +83.6% |
| Trade receivables | 40 | €177,123 | €334,229 | +€157,105 | +88.7% |
| Other amounts receivable | 41 | €8,184 | €6,007 | -€2,178 | -26.6% |
| Cash at bank and in hand | 54/58 | €25,596 | €20,943 | -€4,652 | -18.2% |
| Deferred charges and accrued income | 490/1 | €357 | €2,303 | +€1,946 | +544.7% |
| Total equity and liabilities | 10/49 | €248,037 | €538,541 | +€290,504 | +117.1% |
| Equity | 10/15 | €63,898 | €251,297 | +€187,399 | +293.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,898 | €246,297 | +€187,399 | +318.2% |
| Amounts payable | 17/49 | €184,139 | €287,244 | +€103,105 | +56.0% |
| Amounts payable after more than one year | 17 | €53,612 | €37,092 | -€16,520 | -30.8% |
| Financial debts | 170/4 | €53,612 | €37,092 | -€16,520 | -30.8% |
| Amounts payable within one year | 42/48 | €130,527 | €250,152 | +€119,625 | +91.6% |
| Current portion of amounts payable after more than one year | 42 | - | €12,610 | +€12,610 | |
| Trade debts | 44 | €111,862 | €161,599 | +€49,737 | +44.5% |
| Suppliers | 440/4 | €111,862 | €161,599 | +€49,737 | +44.5% |
| Advances received on contracts in progress | 46 | - | €42,140 | +€42,140 | |
| Taxes, remuneration and social security | 45 | €7,129 | €28,606 | +€21,477 | +301.3% |
| Taxes | 450/3 | €2,571 | €15,375 | +€12,804 | +498.1% |
| Remuneration and social security | 454/9 | €4,558 | €13,231 | +€8,672 | +190.3% |
| Other amounts payable | 47/48 | €11,535 | €5,198 | -€6,338 | -54.9% |
| Remuneration, social security and pensions | 62 | €46,796 | €68,632 | +€21,836 | +46.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €1,844 | +€1,822 | +8404.5% |
| Other operating charges | 640/8 | €2,652 | €5,295 | +€2,643 | +99.7% |
| Gross operating margin | 9900 | €123,361 | €284,172 | +€160,811 | +130.4% |
| Operating profit (loss) | 9901 | €73,892 | €208,401 | +€134,509 | +182.0% |
| Financial income | 75/76B | €4 | €1,290 | +€1,286 | +32640.9% |
| Recurring financial income | 75 | €4 | €26 | +€22 | +559.6% |
| Non-recurring financial income | 76B | - | €1,264 | +€1,264 | |
| Financial charges | 65/66B | €14,998 | €20,788 | +€5,790 | +38.6% |
| Recurring financial charges | 65 | €362 | €2,568 | +€2,206 | +609.3% |
| Non-recurring financial charges | 66B | €14,636 | €18,220 | +€3,584 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €58,898 | €188,903 | +€130,005 | +220.7% |
| Income taxes | 67/77 | - | €1,504 | +€1,504 | |
| Profit (loss) for the period | 9904 | €58,898 | €187,399 | +€128,501 | +218.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,898 | €187,399 | +€128,501 | +218.2% |
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 7 October 2026 via checked.be.