Alpha EL TECH: 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 EL TECH
Largest movements
- Cash +€20,690
up €20,690 (+195%), from €10,636 to €31,326
mainly Stocks and contracts (+€10,000) and Net result for the year (+€9,941)
- Stocks and contracts -€10,000
down €10,000 (-50.0%), from €20,000 to €10,000
- Receivables within one year -€7,111
down €7,111 (-38.4%), from €18,499 to €11,388
of which Trade receivables: -€13,272
- Tangible fixed assets +€5,678
up €5,678 (+25.7%), from €22,104 to €27,782
of which Plant, machinery and equipment: +€7,819
- Profit (loss) carried forward +€9,941
up €9,941 (+20.0%), from -€49,797 to -€39,856
- Depreciation +€1,994
up €1,994 (+35.6%), from €5,598 to €7,592
- Financial charges -€468
down €468 (-43.6%), from €1,072 to €605
- Financial income -€464
down €464 (-75.4%), from €615 to €151
- Gross operating margin -€197
down €197 (-1.0%), from €19,553 to €19,355
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 | €74,120 | €83,859 | +€9,739 | +13.1% |
| Fixed assets | 21/28 | €22,104 | €27,782 | +€5,678 | +25.7% |
| Tangible fixed assets | 22/27 | €22,104 | €27,782 | +€5,678 | +25.7% |
| Plant, machinery and equipment | 23 | €15,895 | €23,714 | +€7,819 | +49.2% |
| Furniture and vehicles | 24 | €1,899 | €770 | -€1,130 | -59.5% |
| Other tangible fixed assets | 26 | €4,310 | €3,298 | -€1,012 | -23.5% |
| Current assets | 29/58 | €52,016 | €56,077 | +€4,061 | +7.8% |
| Stocks and contracts in progress | 3 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Stocks | 30/36 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €18,499 | €11,388 | -€7,111 | -38.4% |
| Trade receivables | 40 | €16,687 | €3,415 | -€13,272 | -79.5% |
| Other amounts receivable | 41 | €1,812 | €7,973 | +€6,161 | +340% |
| Cash at bank and in hand | 54/58 | €10,636 | €31,326 | +€20,690 | +195% |
| Deferred charges and accrued income | 490/1 | €2,881 | €3,364 | +€482 | +16.7% |
| Total equity and liabilities | 10/49 | €74,120 | €83,859 | +€9,739 | +13.1% |
| Equity | 10/15 | €65,579 | €75,520 | +€9,941 | +15.2% |
| Contributions | 10/11 | €104,747 | €104,747 | = | 0.0% |
| Reserves | 13 | €10,629 | €10,629 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,654 | €7,654 | = | 0.0% |
| Distributable reserves | 133 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,797 | -€39,856 | +€9,941 | +20.0% |
| Amounts payable | 17/49 | €8,542 | €8,339 | -€203 | -2.4% |
| Amounts payable within one year | 42/48 | €8,542 | €8,339 | -€203 | -2.4% |
| Trade debts | 44 | €8,264 | €8,206 | -€59 | -0.7% |
| Suppliers | 440/4 | €8,264 | €8,206 | -€59 | -0.7% |
| Taxes, remuneration and social security | 45 | €277 | €133 | -€144 | -51.9% |
| Taxes | 450/3 | €277 | €133 | -€144 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,598 | €7,592 | +€1,994 | +35.6% |
| Other operating charges | 640/8 | €1,207 | €1,227 | +€20 | +1.7% |
| Gross operating margin | 9900 | €19,553 | €19,355 | -€197 | -1.0% |
| Operating profit (loss) | 9901 | €12,747 | €10,536 | -€2,211 | -17.3% |
| Financial income | 75/76B | €615 | €151 | -€464 | -75.4% |
| Recurring financial income | 75 | €615 | €151 | -€464 | -75.4% |
| Financial charges | 65/66B | €1,072 | €605 | -€468 | -43.6% |
| Recurring financial charges | 65 | €1,072 | €605 | -€468 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €12,290 | €10,082 | -€2,208 | -18.0% |
| Income taxes | 67/77 | €106 | €141 | +€35 | +33.0% |
| Profit (loss) for the period | 9904 | €12,184 | €9,941 | -€2,243 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,184 | €9,941 | -€2,243 | -18.4% |
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.