ALPHA ARIETIS: 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.
ALPHA ARIETIS
Largest movements
- Cash -€13,153
down €13,153 (-76.1%), from €17,285 to €4,132
mainly Other debts (-€11,900) and Receivables within one year (-€9,838)
- Receivables within one year +€9,838
up €9,838 (+8.4%), from €116,871 to €126,709
of which Other amounts receivable: +€40,711
- Tangible fixed assets +€3,744
up €3,744 (+253.5%), from €1,477 to €5,222
- Trade debts +€13,838
up €13,838 (+79.1%), from €17,499 to €31,336
- Other debts -€11,900
no longer reported in 2025 (was €11,900)
- Tax, wage and social debts -€9,182
down €9,182 (-40.9%), from €22,459 to €13,277
of which Taxes: -€13,851
- Profit (loss) carried forward +€8,895
up €8,895 (+11.5%), from €77,287 to €86,182
- Gross operating margin -€39,461
down €39,461 (-66.8%), from €59,049 to €19,588
- Taxes -€6,812
down €6,812 (-51.3%), from €13,289 to €6,478
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 | €137,504 | €139,155 | +€1,651 | +1.2% |
| Fixed assets | 21/28 | €1,502 | €5,247 | +€3,744 | +249.2% |
| Tangible fixed assets | 22/27 | €1,477 | €5,222 | +€3,744 | +253.5% |
| Furniture and vehicles | 24 | €1,477 | €5,222 | +€3,744 | +253.5% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €136,002 | €133,908 | -€2,094 | -1.5% |
| Amounts receivable within one year | 40/41 | €116,871 | €126,709 | +€9,838 | +8.4% |
| Trade receivables | 40 | €60,739 | €29,865 | -€30,873 | -50.8% |
| Other amounts receivable | 41 | €56,132 | €96,843 | +€40,711 | +72.5% |
| Cash at bank and in hand | 54/58 | €17,285 | €4,132 | -€13,153 | -76.1% |
| Deferred charges and accrued income | 490/1 | €1,846 | €3,068 | +€1,222 | +66.2% |
| Total equity and liabilities | 10/49 | €137,504 | €139,155 | +€1,651 | +1.2% |
| Equity | 10/15 | €85,647 | €94,542 | +€8,895 | +10.4% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,287 | €86,182 | +€8,895 | +11.5% |
| Amounts payable | 17/49 | €51,857 | €44,613 | -€7,244 | -14.0% |
| Amounts payable within one year | 42/48 | €51,857 | €44,613 | -€7,244 | -14.0% |
| Trade debts | 44 | €17,499 | €31,336 | +€13,838 | +79.1% |
| Suppliers | 440/4 | €17,499 | €31,336 | +€13,838 | +79.1% |
| Taxes, remuneration and social security | 45 | €22,459 | €13,277 | -€9,182 | -40.9% |
| Taxes | 450/3 | €22,459 | €8,607 | -€13,851 | -61.7% |
| Remuneration and social security | 454/9 | - | €4,670 | +€4,670 | |
| Other amounts payable | 47/48 | €11,900 | - | -€11,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €2,256 | -€33 | -1.4% |
| Other operating charges | 640/8 | €1,003 | €1,302 | +€299 | +29.8% |
| Gross operating margin | 9900 | €59,049 | €19,588 | -€39,461 | -66.8% |
| Operating profit (loss) | 9901 | €55,757 | €16,031 | -€39,726 | -71.2% |
| Financial income | 75/76B | €70 | €46 | -€24 | -34.3% |
| Recurring financial income | 75 | €70 | €46 | -€24 | -34.3% |
| Financial charges | 65/66B | €553 | €704 | +€151 | +27.3% |
| Recurring financial charges | 65 | €553 | €704 | +€151 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €55,274 | €15,373 | -€39,901 | -72.2% |
| Income taxes | 67/77 | €13,289 | €6,478 | -€6,812 | -51.3% |
| Profit (loss) for the period | 9904 | €41,985 | €8,895 | -€33,090 | -78.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,985 | €8,895 | -€33,090 | -78.8% |
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 10 October 2026 via checked.be.