Alpha BJ: 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 BJ
Largest movements
- Tangible fixed assets +€23,161
up €23,161 (+31.1%), from €74,403 to €97,564
of which Furniture and vehicles: +€25,559
- Cash +€13,486
up €13,486 (+80.1%), from €16,832 to €30,318
mainly Depreciation (+€25,543) and Debts after one year (+€20,483)
- Receivables within one year -€10,717
down €10,717 (-49.5%), from €21,656 to €10,939
of which Trade receivables: -€6,093
- Deferred charges and accrued income +€1,805
up €1,805 (+178%), from €1,016 to €2,821
- Debts after one year +€20,483
new in 2025: €20,483
- Reserves -€18,750
down €18,750 (-19.9%), from €94,172 to €75,422
- Current portion of long-term debt +€13,602
up €13,602 (+1,088%), from €1,250 to €14,852
- Other debts +€10,008
new in 2025: €10,008
- Profit (loss) carried forward +€8,418
up €8,418 (+94.4%), from -€8,915 to -€497
- Gross operating margin +€11,499
up €11,499 (+45.7%), from €25,161 to €36,660
- Depreciation -€3,093
down €3,093 (-10.8%), from €28,637 to €25,543
- Other operating charges +€1,023
up €1,023 (+191%), from €537 to €1,560
- Financial charges +€585
up €585 (+71.2%), from €821 to €1,405
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 | €113,907 | €141,643 | +€27,736 | +24.3% |
| Fixed assets | 21/28 | €74,403 | €97,564 | +€23,161 | +31.1% |
| Tangible fixed assets | 22/27 | €74,403 | €97,564 | +€23,161 | +31.1% |
| Plant, machinery and equipment | 23 | €12,944 | €10,546 | -€2,398 | -18.5% |
| Furniture and vehicles | 24 | €61,459 | €87,019 | +€25,559 | +41.6% |
| Current assets | 29/58 | €39,503 | €44,078 | +€4,575 | +11.6% |
| Amounts receivable within one year | 40/41 | €21,656 | €10,939 | -€10,717 | -49.5% |
| Trade receivables | 40 | €11,884 | €5,791 | -€6,093 | -51.3% |
| Other amounts receivable | 41 | €9,772 | €5,148 | -€4,624 | -47.3% |
| Cash at bank and in hand | 54/58 | €16,832 | €30,318 | +€13,486 | +80.1% |
| Deferred charges and accrued income | 490/1 | €1,016 | €2,821 | +€1,805 | +178% |
| Total equity and liabilities | 10/49 | €113,907 | €141,643 | +€27,736 | +24.3% |
| Equity | 10/15 | €103,856 | €93,525 | -€10,332 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,172 | €75,422 | -€18,750 | -19.9% |
| Distributable reserves | 133 | €94,172 | €75,422 | -€18,750 | -19.9% |
| Profit (loss) carried forward | 14 | -€8,915 | -€497 | +€8,418 | +94.4% |
| Amounts payable | 17/49 | €10,050 | €48,118 | +€38,068 | +379% |
| Amounts payable after more than one year | 17 | - | €20,483 | +€20,483 | |
| Financial debts | 170/4 | - | €20,483 | +€20,483 | |
| Amounts payable within one year | 42/48 | €10,050 | €27,635 | +€17,584 | +175% |
| Current portion of amounts payable after more than one year | 42 | €1,250 | €14,852 | +€13,602 | +1,088% |
| Trade debts | 44 | €8,800 | €2,775 | -€6,025 | -68.5% |
| Suppliers | 440/4 | €8,800 | €2,775 | -€6,025 | -68.5% |
| Other amounts payable | 47/48 | - | €10,008 | +€10,008 | |
| Non-recurring operating income | 76A | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,637 | €25,543 | -€3,093 | -10.8% |
| Other operating charges | 640/8 | €537 | €1,560 | +€1,023 | +191% |
| Gross operating margin | 9900 | €25,161 | €36,660 | +€11,499 | +45.7% |
| Operating profit (loss) | 9901 | -€4,013 | €9,557 | +€13,570 | |
| Financial income | 75/76B | €406 | €267 | -€139 | -34.3% |
| Recurring financial income | 75 | €406 | €267 | -€139 | -34.3% |
| Financial charges | 65/66B | €821 | €1,405 | +€585 | +71.2% |
| Recurring financial charges | 65 | €821 | €1,405 | +€585 | +71.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,428 | €8,418 | +€12,846 | |
| Profit (loss) for the period | 9904 | -€4,428 | €8,418 | +€12,846 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,428 | €8,418 | +€12,846 |
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 14 October 2026 via checked.be.