Alpha Dent: what changed
Two fiscal 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 Dent
Largest movements
- Tangible fixed assets -€72,272
down €72,272 (-18.8%), from €383,662 to €311,390
of which Furniture and vehicles: -€37,790
- Cash -€61,059
down €61,059 (-52.0%), from €117,454 to €56,395
mainly Other debts (-€60,970) and Receivables within one year (-€44,520)
- Receivables within one year +€44,520
up €44,520 (+457.6%), from €9,729 to €54,249
of which Trade receivables: +€24,254
- Other debts -€60,970
no longer reported in 2025 (was €60,970)
- Debts after one year -€39,647
down €39,647 (-23.7%), from €167,023 to €127,376
- Reserves +€17,060
up €17,060 (+25.8%), from €66,157 to €83,217
of which Distributable reserves: +€17,060
- Current portion of long-term debt -€12,628
down €12,628 (-24.2%), from €52,274 to €39,647
- Staff costs +€43,259
up €43,259 (+182.4%), from €23,711 to €66,971
- Depreciation +€16,112
up €16,112 (+26.5%), from €60,770 to €76,882
- Gross operating margin -€13,652
down €13,652 (-5.4%), from €252,070 to €238,418
- Taxes +€8,274
up €8,274 (+44.3%), from €18,685 to €26,959
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.
Cash bridge derived
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 | €515,723 | €422,648 | -€93,075 | -18.0% |
| Fixed assets | 21/28 | €384,022 | €311,750 | -€72,272 | -18.8% |
| Tangible fixed assets | 22/27 | €383,662 | €311,390 | -€72,272 | -18.8% |
| Land and buildings | 22 | €197,404 | €181,571 | -€15,834 | -8.0% |
| Plant, machinery and equipment | 23 | €42,673 | €24,238 | -€18,435 | -43.2% |
| Furniture and vehicles | 24 | €141,944 | €104,155 | -€37,790 | -26.6% |
| Other tangible fixed assets | 26 | €1,641 | €1,427 | -€214 | -13.0% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €131,701 | €110,899 | -€20,803 | -15.8% |
| Amounts receivable within one year | 40/41 | €9,729 | €54,249 | +€44,520 | +457.6% |
| Trade receivables | 40 | €9,729 | €33,983 | +€24,254 | +249.3% |
| Other amounts receivable | 41 | - | €20,266 | +€20,266 | |
| Cash at bank and in hand | 54/58 | €117,454 | €56,395 | -€61,059 | -52.0% |
| Deferred charges and accrued income | 490/1 | €4,518 | €255 | -€4,263 | -94.4% |
| Total equity and liabilities | 10/49 | €515,723 | €422,648 | -€93,075 | -18.0% |
| Equity | 10/15 | €205,143 | €222,202 | +€17,060 | +8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,157 | €83,217 | +€17,060 | +25.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,852 | €28,852 | = | 0.0% |
| Distributable reserves | 133 | €35,445 | €52,505 | +€17,060 | +48.1% |
| Profit (loss) carried forward | 14 | €132,786 | €132,786 | = | 0.0% |
| Amounts payable | 17/49 | €310,580 | €200,446 | -€110,134 | -35.5% |
| Amounts payable after more than one year | 17 | €167,023 | €127,376 | -€39,647 | -23.7% |
| Financial debts | 170/4 | €167,023 | €127,376 | -€39,647 | -23.7% |
| Amounts payable within one year | 42/48 | €143,557 | €73,070 | -€70,488 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €52,274 | €39,647 | -€12,628 | -24.2% |
| Trade debts | 44 | €4,780 | €9,659 | +€4,879 | +102.1% |
| Suppliers | 440/4 | €4,780 | €9,659 | +€4,879 | +102.1% |
| Taxes, remuneration and social security | 45 | €25,532 | €23,764 | -€1,769 | -6.9% |
| Taxes | 450/3 | €20,568 | €15,042 | -€5,526 | -26.9% |
| Remuneration and social security | 454/9 | €4,965 | €8,721 | +€3,757 | +75.7% |
| Other amounts payable | 47/48 | €60,970 | - | -€60,970 | |
| Remuneration, social security and pensions | 62 | €23,711 | €66,971 | +€43,259 | +182.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,770 | €76,882 | +€16,112 | +26.5% |
| Other operating charges | 640/8 | €5,920 | €4,118 | -€1,802 | -30.4% |
| Gross operating margin | 9900 | €252,070 | €238,418 | -€13,652 | -5.4% |
| Operating profit (loss) | 9901 | €161,670 | €90,448 | -€71,222 | -44.1% |
| Financial income | 75/76B | €432 | €624 | +€192 | +44.5% |
| Recurring financial income | 75 | €432 | €624 | +€192 | +44.5% |
| Financial charges | 65/66B | €46,419 | €47,053 | +€634 | +1.4% |
| Recurring financial charges | 65 | €46,419 | €47,053 | +€634 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €115,682 | €44,019 | -€71,663 | -61.9% |
| Income taxes | 67/77 | €18,685 | €26,959 | +€8,274 | +44.3% |
| Profit (loss) for the period | 9904 | €96,997 | €17,060 | -€79,938 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €96,997 | €17,060 | -€79,938 | -82.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.