ALPHA BETON: 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.
What changed
ALPHA BETON
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€240,124
2024 · -€66,384-€173,740
Equity
€912,763
2024 · €1.2m-€240,124
Cash
€81,450
2024 · €60,527+€20,923
Balance sheet total
€4.2m
2024 · €4.1m+€157,976
Largest movements
Assets
- Receivables within one year +€129,878
up €129,878 (+6.1%), from €2.1m to €2.3m
of which Trade receivables: +€129,878
- Financial fixed assets +€60,010
up €60,010 (+17.2%), from €349,149 to €409,159
Equity and liabilities
- Trade debts +€352,438
up €352,438 (+15.6%), from €2.3m to €2.6m
- Profit (loss) carried forward -€240,124
down €240,124 (-362%), from -€66,384 to -€306,509
- Tax, wage and social debts +€104,863
up €104,863 (+66.2%), from €158,476 to €263,339
of which Taxes: +€100,582
- Debts after one year -€60,683
down €60,683 (-39.2%), from €154,649 to €93,967
Income statement
- Other operating income -€208,403
down €208,403 (-92.4%), from €225,539 to €17,137
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.
Result 2024
-€66,384
Turnover
-€48,776
Other operating income
-€208,403
Goods and materials
+€16,570
Services and other goods
+€12,951
Staff costs
+€20,091
Depreciation
+€30,848
Write-downs
+€3,895
Other operating charges
+€11,231
Other operating items
-€55,086
Financial income
+€24,501
Financial charges
+€19,657
Taxes
-€1,218
Result 2025
-€240,124
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€167,874
Investment
-€87,750
Financing
-€59,201
Cash 2024
€60,527
From operations (derived)
+€167,874
Net result for the year
-€240,124
Depreciation
+€29,304
Stocks and contracts
+€42,174
Receivables within one year
-€129,878
Deferred charges and accrued income
+€9,098
Trade debts
+€352,438
Tax, wage and social debts
+€104,863
Investment (derived)
-€87,750
Investment in fixed assets (net)
-€87,750
Financing
-€59,201
Debts after one year
-€60,683
Current portion of long-term debt
+€1,482
Cash 2025
€81,450
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,062,782 | €4,220,758 | +€157,976 | +3.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €427,523 | €485,970 | +€58,446 | +13.7% |
| Intangible fixed assets | 21 | €56,420 | €60,567 | +€4,147 | +7.4% |
| Tangible fixed assets | 22/27 | €21,954 | €16,243 | -€5,711 | -26.0% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,954 | €4,243 | -€5,711 | -57.4% |
| Assets under construction and advance payments | 27 | €12,000 | €12,000 | = | 0.0% |
| Financial fixed assets | 28 | €349,149 | €409,159 | +€60,010 | +17.2% |
| Affiliated companies | 280/1 | €349,149 | €409,159 | +€60,010 | +17.2% |
| Amounts receivable | 281 | €349,149 | €409,159 | +€60,010 | +17.2% |
| Current assets | 29/58 | €3,635,259 | €3,734,788 | +€99,529 | +2.7% |
| Stocks and contracts in progress | 3 | €1,408,949 | €1,366,775 | -€42,174 | -3.0% |
| Stocks | 30/36 | €990,676 | €1,049,827 | +€59,151 | +6.0% |
| Raw materials and consumables | 30/31 | €990,676 | €1,049,827 | +€59,151 | +6.0% |
| Contracts in progress | 37 | €418,273 | €316,948 | -€101,325 | -24.2% |
| Amounts receivable within one year | 40/41 | €2,134,636 | €2,264,514 | +€129,878 | +6.1% |
| Trade receivables | 40 | €2,133,160 | €2,263,039 | +€129,878 | +6.1% |
| Other amounts receivable | 41 | €1,476 | €1,476 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,527 | €81,450 | +€20,923 | +34.6% |
| Deferred charges and accrued income | 490/1 | €31,148 | €22,050 | -€9,098 | -29.2% |
| Total equity and liabilities | 10/49 | €4,062,782 | €4,220,758 | +€157,976 | +3.9% |
| Equity | 10/15 | €1,152,887 | €912,763 | -€240,124 | -20.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,169,271 | €1,169,271 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,907 | €12,907 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,907 | €12,907 | = | 0.0% |
| Distributable reserves | 133 | €1,156,364 | €1,156,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,384 | -€306,509 | -€240,124 | -362% |
| Amounts payable | 17/49 | €2,909,895 | €3,307,995 | +€398,100 | +13.7% |
| Amounts payable after more than one year | 17 | €154,649 | €93,967 | -€60,683 | -39.2% |
| Financial debts | 170/4 | €154,649 | €93,967 | -€60,683 | -39.2% |
| Subordinated loans | 170 | €75,000 | €45,000 | -€30,000 | -40.0% |
| Credit institutions | 173 | €79,649 | €48,967 | -€30,683 | -38.5% |
| Amounts payable within one year | 42/48 | €2,755,246 | €3,214,029 | +€458,783 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €59,201 | €60,683 | +€1,482 | +2.5% |
| Financial debts | 43 | €275,000 | €275,000 | = | 0.0% |
| Credit institutions | 430/8 | €275,000 | €275,000 | = | 0.0% |
| Trade debts | 44 | €2,262,569 | €2,615,007 | +€352,438 | +15.6% |
| Suppliers | 440/4 | €2,262,569 | €2,615,007 | +€352,438 | +15.6% |
| Taxes, remuneration and social security | 45 | €158,476 | €263,339 | +€104,863 | +66.2% |
| Taxes | 450/3 | €70,577 | €171,159 | +€100,582 | +143% |
| Remuneration and social security | 454/9 | €87,899 | €92,180 | +€4,281 | +4.9% |
| Operating income | 70/76A | €9,034,584 | €8,721,622 | -€312,961 | -3.5% |
| Turnover | 70 | €8,849,831 | €8,801,055 | -€48,776 | -0.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€80,570 | -€101,325 | -€20,755 | -25.8% |
| Other operating income | 74 | €225,539 | €17,137 | -€208,403 | -92.4% |
| Non-recurring operating income | 76A | €39,784 | €4,756 | -€35,027 | -88.0% |
| Operating charges | 60/66A | €9,033,421 | €8,937,139 | -€96,281 | -1.1% |
| Goods for resale, raw materials and consumables | 60 | €7,721,640 | €7,705,070 | -€16,570 | -0.2% |
| Purchases | 600/8 | €7,647,932 | €7,764,221 | +€116,289 | +1.5% |
| Change in stocks: decrease (increase) | 609 | €73,707 | -€59,151 | -€132,859 | |
| Services and other goods | 61 | €583,939 | €570,988 | -€12,951 | -2.2% |
| Remuneration, social security and pensions | 62 | €630,090 | €609,999 | -€20,091 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,152 | €29,304 | -€30,848 | -51.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €16,071 | €12,176 | -€3,895 | -24.2% |
| Other operating charges | 640/8 | €20,833 | €9,602 | -€11,231 | -53.9% |
| Non-recurring operating charges | 66A | €696 | €0 | -€696 | -100% |
| Operating profit (loss) | 9901 | €1,163 | -€215,517 | -€216,680 | |
| Financial income | 75/76B | €18,260 | €42,761 | +€24,501 | +134% |
| Recurring financial income | 75 | €18,260 | €42,761 | +€24,501 | +134% |
| Income from financial fixed assets | 750 | €14,328 | €17,226 | +€2,899 | +20.2% |
| Other financial income | 752/9 | €3,932 | €25,535 | +€21,603 | +549% |
| Financial charges | 65/66B | €85,613 | €65,956 | -€19,657 | -23.0% |
| Recurring financial charges | 65 | €85,613 | €65,956 | -€19,657 | -23.0% |
| Debt charges | 650 | €39,350 | €28,140 | -€11,210 | -28.5% |
| Other financial charges | 652/9 | €46,263 | €37,817 | -€8,447 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€66,191 | -€238,712 | -€172,522 | -261% |
| Income taxes | 67/77 | €194 | €1,412 | +€1,218 | +629% |
| Taxes | 670/3 | €1,200 | €1,412 | +€212 | +17.7% |
| Tax adjustments and reversals of tax provisions | 77 | €1,006 | €0 | -€1,006 | -100% |
| Profit (loss) for the period | 9904 | -€66,384 | -€240,124 | -€173,740 | -262% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,384 | -€240,124 | -€173,740 | -262% |
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 21 October 2026 via checked.be.