ALPHA CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Receivables within one year +€16,617
up €16,617 (+740%), from €2,245 to €18,862
of which Trade receivables: +€17,491
- Cash -€4,588
down €4,588 (-39.0%), from €11,765 to €7,177
mainly Receivables within one year (-€16,617) and Tax, wage and social debts (-€6,156)
- Deferred charges and accrued income -€2,448
down €2,448 (-47.3%), from €5,178 to €2,730
- Profit (loss) carried forward +€8,303
up €8,303 (+338%), from €2,457 to €10,760
- Trade debts +€7,392
up €7,392 (+165%), from €4,468 to €11,861
- Tax, wage and social debts -€6,156
down €6,156 (-58.6%), from €10,505 to €4,349
of which Remuneration and social security: -€7,800
- Gross operating margin +€5,160
up €5,160, from -€2,157 to €3,003
- Taxes +€476
new in 2025: €476
- Financial charges +€463
up €463 (+375%), from €123 to €586
- Other operating charges -€68
down €68 (-8.0%), from €848 to €781
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 | €19,189 | €28,769 | +€9,580 | +49.9% |
| Current assets | 29/58 | €19,189 | €28,769 | +€9,580 | +49.9% |
| Amounts receivable within one year | 40/41 | €2,245 | €18,862 | +€16,617 | +740% |
| Trade receivables | 40 | €376 | €17,867 | +€17,491 | +4,652% |
| Other amounts receivable | 41 | €1,869 | €995 | -€875 | -46.8% |
| Cash at bank and in hand | 54/58 | €11,765 | €7,177 | -€4,588 | -39.0% |
| Deferred charges and accrued income | 490/1 | €5,178 | €2,730 | -€2,448 | -47.3% |
| Total equity and liabilities | 10/49 | €19,189 | €28,769 | +€9,580 | +49.9% |
| Equity | 10/15 | €3,457 | €11,760 | +€8,303 | +240% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,457 | €10,760 | +€8,303 | +338% |
| Amounts payable | 17/49 | €15,733 | €17,010 | +€1,277 | +8.1% |
| Amounts payable within one year | 42/48 | €15,733 | €17,010 | +€1,277 | +8.1% |
| Trade debts | 44 | €4,468 | €11,861 | +€7,392 | +165% |
| Suppliers | 440/4 | €4,468 | €11,861 | +€7,392 | +165% |
| Taxes, remuneration and social security | 45 | €10,505 | €4,349 | -€6,156 | -58.6% |
| Taxes | 450/3 | €1,105 | €2,749 | +€1,644 | +149% |
| Remuneration and social security | 454/9 | €9,400 | €1,600 | -€7,800 | -83.0% |
| Other amounts payable | 47/48 | €760 | €800 | +€40 | +5.3% |
| Other operating charges | 640/8 | €848 | €781 | -€68 | -8.0% |
| Gross operating margin | 9900 | -€2,157 | €3,003 | +€5,160 | |
| Operating profit (loss) | 9901 | -€3,005 | €2,222 | +€5,228 | |
| Financial charges | 65/66B | €123 | €586 | +€463 | +375% |
| Recurring financial charges | 65 | €123 | €586 | +€463 | +375% |
| Profit (loss) for the period before taxes | 9903 | -€3,129 | €1,636 | +€4,765 | |
| Income taxes | 67/77 | - | €476 | +€476 | |
| Profit (loss) for the period | 9904 | -€3,129 | €1,160 | +€4,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,129 | €1,160 | +€4,288 |
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.