ALPEX PLAFOND: 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.
ALPEX PLAFOND
Largest movements
- Cash +€4,382
up €4,382 (+49.2%), from €8,915 to €13,296
mainly Trade debts (+€5,632) and Depreciation (+€1,135)
- Stocks and contracts -€620
down €620 (-15.5%), from €4,000 to €3,380
- Receivables within one year -€600
down €600 (-11.3%), from €5,292 to €4,691
of which Trade receivables: -€668
- Tangible fixed assets +€467
up €467 (+21.1%), from €2,218 to €2,685
of which Plant, machinery and equipment: +€491
- Trade debts +€5,632
up €5,632 (+78.8%), from €7,143 to €12,774
- Other debts -€2,000
down €2,000 (-31.8%), from €6,295 to €4,295
- Tax, wage and social debts -€346
down €346 (-54.6%), from €633 to €287
- Reserves +€342
up €342 (+7.9%), from €4,354 to €4,696
- Purchases and services -€4,771
down €4,771 (-18.7%), from €25,483 to €20,712
- Turnover -€4,760
down €4,760 (-17.4%), from €27,378 to €22,618
- Other operating charges -€387
down €387 (-66.1%), from €586 to €199
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 | €20,424 | €24,052 | +€3,628 | +17.8% |
| Fixed assets | 21/28 | €2,218 | €2,685 | +€467 | +21.1% |
| Tangible fixed assets | 22/27 | €2,218 | €2,685 | +€467 | +21.1% |
| Plant, machinery and equipment | 23 | €1,043 | €1,534 | +€491 | +47.0% |
| Furniture and vehicles | 24 | €1,175 | €1,151 | -€24 | -2.0% |
| Current assets | 29/58 | €18,206 | €21,367 | +€3,161 | +17.4% |
| Stocks and contracts in progress | 3 | €4,000 | €3,380 | -€620 | -15.5% |
| Stocks | 30/36 | €4,000 | €3,380 | -€620 | -15.5% |
| Amounts receivable within one year | 40/41 | €5,292 | €4,691 | -€600 | -11.3% |
| Trade receivables | 40 | €5,292 | €4,624 | -€668 | -12.6% |
| Other amounts receivable | 41 | - | €67 | +€67 | |
| Cash at bank and in hand | 54/58 | €8,915 | €13,296 | +€4,382 | +49.2% |
| Total equity and liabilities | 10/49 | €20,424 | €24,052 | +€3,628 | +17.8% |
| Equity | 10/15 | €6,354 | €6,696 | +€342 | +5.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,354 | €4,696 | +€342 | +7.9% |
| Distributable reserves | 133 | €4,354 | €4,696 | +€342 | +7.9% |
| Amounts payable | 17/49 | €14,070 | €17,356 | +€3,286 | +23.4% |
| Amounts payable within one year | 42/48 | €14,070 | €17,356 | +€3,286 | +23.4% |
| Trade debts | 44 | €7,143 | €12,774 | +€5,632 | +78.8% |
| Suppliers | 440/4 | €7,143 | €12,774 | +€5,632 | +78.8% |
| Taxes, remuneration and social security | 45 | €633 | €287 | -€346 | -54.6% |
| Taxes | 450/3 | €633 | €287 | -€346 | -54.6% |
| Other amounts payable | 47/48 | €6,295 | €4,295 | -€2,000 | -31.8% |
| Turnover | 70 | €27,378 | €22,618 | -€4,760 | -17.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €25,483 | €20,712 | -€4,771 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €868 | €1,135 | +€267 | +30.7% |
| Other operating charges | 640/8 | €586 | €199 | -€387 | -66.1% |
| Gross operating margin | 9900 | €1,895 | €1,906 | +€11 | +0.6% |
| Operating profit (loss) | 9901 | €441 | €572 | +€132 | +29.9% |
| Financial charges | 65/66B | €193 | €196 | +€3 | +1.3% |
| Recurring financial charges | 65 | €193 | €196 | +€3 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €248 | €377 | +€129 | +52.1% |
| Income taxes | 67/77 | €23 | €34 | +€12 | +52.1% |
| Profit (loss) for the period | 9904 | €225 | €342 | +€117 | +52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €225 | €342 | +€117 | +52.1% |
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 12 October 2026 via checked.be.