ALPHA - FISC: 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 - FISC
Largest movements
- Cash +€42,182
up €42,182 (+81.0%), from €52,054 to €94,235
mainly Net result for the year (+€36,851) and Tax, wage and social debts (+€4,809)
- Receivables within one year +€1,564
up €1,564 (+27.5%), from €5,681 to €7,244
of which Trade receivables: +€1,694
- Reserves +€36,851
up €36,851 (+96.6%), from €38,168 to €75,019
of which Distributable reserves: +€36,851
- Tax, wage and social debts +€4,809
up €4,809 (+80.1%), from €6,002 to €10,811
- Other debts +€2,196
up €2,196 (+32.2%), from €6,817 to €9,013
- Gross operating margin +€22,728
up €22,728 (+70.3%), from €32,340 to €55,069
- Taxes +€8,764
up €8,764 (+101%), from €8,653 to €17,417
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 | €58,927 | €102,784 | +€43,856 | +74.4% |
| Current assets | 29/58 | €58,927 | €102,784 | +€43,856 | +74.4% |
| Amounts receivable within one year | 40/41 | €5,681 | €7,244 | +€1,564 | +27.5% |
| Trade receivables | 40 | €5,550 | €7,244 | +€1,694 | +30.5% |
| Other amounts receivable | 41 | €130 | - | -€130 | |
| Cash at bank and in hand | 54/58 | €52,054 | €94,235 | +€42,182 | +81.0% |
| Deferred charges and accrued income | 490/1 | €1,193 | €1,304 | +€111 | +9.3% |
| Total equity and liabilities | 10/49 | €58,927 | €102,784 | +€43,856 | +74.4% |
| Equity | 10/15 | €46,109 | €82,960 | +€36,851 | +79.9% |
| Contributions | 10/11 | €7,941 | €7,941 | = | 0.0% |
| Reserves | 13 | €38,168 | €75,019 | +€36,851 | +96.6% |
| 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 | €2,300 | €2,300 | = | 0.0% |
| Distributable reserves | 133 | €34,008 | €70,859 | +€36,851 | +108% |
| Amounts payable | 17/49 | €12,819 | €19,824 | +€7,005 | +54.6% |
| Amounts payable within one year | 42/48 | €12,819 | €19,824 | +€7,005 | +54.6% |
| Taxes, remuneration and social security | 45 | €6,002 | €10,811 | +€4,809 | +80.1% |
| Taxes | 450/3 | €6,002 | €10,811 | +€4,809 | +80.1% |
| Other amounts payable | 47/48 | €6,817 | €9,013 | +€2,196 | +32.2% |
| Other operating charges | 640/8 | €1,237 | €994 | -€243 | -19.7% |
| Gross operating margin | 9900 | €32,340 | €55,069 | +€22,728 | +70.3% |
| Operating profit (loss) | 9901 | €31,103 | €54,074 | +€22,972 | +73.9% |
| Financial income | 75/76B | - | €232 | +€232 | |
| Recurring financial income | 75 | - | €232 | +€232 | |
| Financial charges | 65/66B | €54 | €38 | -€16 | -29.4% |
| Recurring financial charges | 65 | €54 | €38 | -€16 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €31,049 | €54,268 | +€23,219 | +74.8% |
| Income taxes | 67/77 | €8,653 | €17,417 | +€8,764 | +101% |
| Profit (loss) for the period | 9904 | €22,396 | €36,851 | +€14,455 | +64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,396 | €36,851 | +€14,455 | +64.5% |
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 26 October 2026 via checked.be.