ALPHA BENELUX: 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 BENELUX
Largest movements
- Cash +€33,732
up €33,732 (+822%), from €4,104 to €37,836
mainly Short-term financial debts (+€19,500) and Net result for the year (+€15,773)
- Tangible fixed assets -€5,782
down €5,782 (-34.3%), from €16,864 to €11,082
- Other debts -€21,654
down €21,654 (-42.1%), from €51,401 to €29,747
- Short-term financial debts +€19,500
new in 2025: €19,500
- Profit (loss) carried forward +€15,773
up €15,773 (+38.9%), from -€40,559 to -€24,786
- Tax, wage and social debts +€9,111
up €9,111 (+267%), from €3,410 to €12,522
of which Taxes: +€7,655
- Trade debts +€3,619
up €3,619 (+87.9%), from €4,117 to €7,736
- Gross operating margin +€48,384
up €48,384 (+276%), from €17,523 to €65,907
- Staff costs +€14,835
up €14,835 (+53.3%), from €27,815 to €42,651
- Depreciation +€5,300
up €5,300 (+1,100%), from €482 to €5,782
- Other operating charges -€781
down €781 (-34.2%), from €2,287 to €1,506
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 | €23,369 | €51,319 | +€27,950 | +120% |
| Fixed assets | 21/28 | €19,264 | €13,482 | -€5,782 | -30.0% |
| Tangible fixed assets | 22/27 | €16,864 | €11,082 | -€5,782 | -34.3% |
| Furniture and vehicles | 24 | €16,864 | €11,082 | -€5,782 | -34.3% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €4,104 | €37,836 | +€33,732 | +822% |
| Cash at bank and in hand | 54/58 | €4,104 | €37,836 | +€33,732 | +822% |
| Total equity and liabilities | 10/49 | €23,369 | €51,319 | +€27,950 | +120% |
| Equity | 10/15 | -€35,559 | -€19,786 | +€15,773 | +44.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,559 | -€24,786 | +€15,773 | +38.9% |
| Amounts payable | 17/49 | €58,928 | €71,105 | +€12,177 | +20.7% |
| Amounts payable within one year | 42/48 | €58,928 | €69,505 | +€10,577 | +17.9% |
| Financial debts | 43 | - | €19,500 | +€19,500 | |
| Other loans | 439 | - | €19,500 | +€19,500 | |
| Trade debts | 44 | €4,117 | €7,736 | +€3,619 | +87.9% |
| Suppliers | 440/4 | €4,117 | €7,736 | +€3,619 | +87.9% |
| Taxes, remuneration and social security | 45 | €3,410 | €12,522 | +€9,111 | +267% |
| Taxes | 450/3 | €642 | €8,297 | +€7,655 | +1,193% |
| Remuneration and social security | 454/9 | €2,769 | €4,225 | +€1,456 | +52.6% |
| Other amounts payable | 47/48 | €51,401 | €29,747 | -€21,654 | -42.1% |
| Accrued charges and deferred income | 492/3 | - | €1,600 | +€1,600 | |
| Remuneration, social security and pensions | 62 | €27,815 | €42,651 | +€14,835 | +53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €5,782 | +€5,300 | +1,100% |
| Other operating charges | 640/8 | €2,287 | €1,506 | -€781 | -34.2% |
| Gross operating margin | 9900 | €17,523 | €65,907 | +€48,384 | +276% |
| Operating profit (loss) | 9901 | -€13,062 | €15,968 | +€29,030 | |
| Financial income | 75/76B | €135 | - | -€135 | |
| Recurring financial income | 75 | €135 | - | -€135 | |
| Financial charges | 65/66B | €212 | €195 | -€17 | -8.1% |
| Recurring financial charges | 65 | €212 | €195 | -€17 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,138 | €15,773 | +€28,912 | |
| Profit (loss) for the period | 9904 | -€13,138 | €15,773 | +€28,912 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,138 | €15,773 | +€28,912 |
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 16 October 2026 via checked.be.