ALPHA CONCEPT: 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 CONCEPT
Largest movements
- Deferred charges and accrued income -€5,000
down €5,000 (-43.1%), from €11,600 to €6,600
- Cash +€3,273
up €3,273 (+481%), from €680 to €3,953
mainly Depreciation (+€13,600) and Deferred charges and accrued income (+€5,000)
- Tangible fixed assets -€1,476
down €1,476 (-6.2%), from €23,875 to €22,399
of which Furniture and vehicles: -€3,557
- Receivables within one year -€471
down €471 (-19.2%), from €2,456 to €1,986
- Trade debts -€7,782
down €7,782 (-93.5%), from €8,321 to €539
- Other debts +€2,040
up €2,040 (+10.4%), from €19,583 to €21,623
- Tax, wage and social debts +€1,483
up €1,483 (+98.2%), from €1,511 to €2,994
- Profit (loss) carried forward +€485
up €485 (+5.2%), from -€9,308 to -€8,823
- Write-downs -€4,919
no longer reported in 2025 (was €4,919)
- Staff costs -€4,242
down €4,242 (-97.0%), from €4,371 to €129
- Depreciation +€2,372
up €2,372 (+21.1%), from €11,228 to €13,600
- Gross operating margin -€1,573
down €1,573 (-7.2%), from €21,850 to €20,278
- Financial charges -€656
down €656 (-84.4%), from €778 to €122
of which Financial charges: -€656
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 | €38,707 | €35,033 | -€3,674 | -9.5% |
| Fixed assets | 21/28 | €23,971 | €22,495 | -€1,476 | -6.2% |
| Tangible fixed assets | 22/27 | €23,875 | €22,399 | -€1,476 | -6.2% |
| Plant, machinery and equipment | 23 | €15,133 | €17,214 | +€2,081 | +13.8% |
| Furniture and vehicles | 24 | €8,742 | €5,185 | -€3,557 | -40.7% |
| Financial fixed assets | 28 | €96 | €96 | = | 0.0% |
| Current assets | 29/58 | €14,736 | €12,538 | -€2,198 | -14.9% |
| Amounts receivable within one year | 40/41 | €2,456 | €1,986 | -€471 | -19.2% |
| Trade receivables | 40 | €2,456 | €1,986 | -€471 | -19.2% |
| Cash at bank and in hand | 54/58 | €680 | €3,953 | +€3,273 | +481% |
| Deferred charges and accrued income | 490/1 | €11,600 | €6,600 | -€5,000 | -43.1% |
| Total equity and liabilities | 10/49 | €38,707 | €35,033 | -€3,674 | -9.5% |
| Equity | 10/15 | €9,292 | €9,777 | +€485 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,308 | -€8,823 | +€485 | +5.2% |
| Amounts payable | 17/49 | €29,415 | €25,255 | -€4,159 | -14.1% |
| Amounts payable after more than one year | 17 | - | €99 | +€99 | |
| Other amounts payable | 178/9 | - | €99 | +€99 | |
| Amounts payable within one year | 42/48 | €29,415 | €25,156 | -€4,258 | -14.5% |
| Trade debts | 44 | €8,321 | €539 | -€7,782 | -93.5% |
| Suppliers | 440/4 | €8,321 | €539 | -€7,782 | -93.5% |
| Taxes, remuneration and social security | 45 | €1,511 | €2,994 | +€1,483 | +98.2% |
| Taxes | 450/3 | €1,511 | €2,994 | +€1,483 | +98.2% |
| Other amounts payable | 47/48 | €19,583 | €21,623 | +€2,040 | +10.4% |
| Non-recurring operating income | 76A | €11,600 | - | -€11,600 | |
| Remuneration, social security and pensions | 62 | €4,371 | €129 | -€4,242 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,228 | €13,600 | +€2,372 | +21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,919 | - | -€4,919 | |
| Other operating charges | 640/8 | €542 | €942 | +€400 | +73.9% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €21,850 | €20,278 | -€1,573 | -7.2% |
| Operating profit (loss) | 9901 | €791 | €607 | -€184 | -23.3% |
| Financial income | 75/76B | €1 | €1 | -€1 | -50.5% |
| Recurring financial income | 75 | €1 | €1 | -€1 | -50.5% |
| Financial charges | 65/66B | €778 | €122 | -€656 | -84.4% |
| Recurring financial charges | 65 | €778 | €122 | -€656 | -84.4% |
| Non-recurring financial charges | 66B | €778 | €122 | -€656 | -84.4% |
| Profit (loss) for the period before taxes | 9903 | €14 | €485 | +€472 | +3,443% |
| Profit (loss) for the period | 9904 | €14 | €485 | +€472 | +3,443% |
| Profit (loss) for the period to be appropriated | 9905 | €14 | €485 | +€472 | +3,443% |
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 23 October 2026 via checked.be.