ALPHA GAMES: 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 GAMES
Largest movements
- Receivables within one year +€6,813
up €6,813 (+574.2%), from €1,187 to €8,000
of which Trade receivables: +€8,000
- Cash -€1,791
down €1,791 (-38.4%), from €4,664 to €2,873
mainly Net result for the year (-€11,142) and Investment in fixed assets (net) (-€8,373)
- Financial fixed assets -€1,427
down €1,427 (-100.0%), from €1,427 to €0
- Tangible fixed assets +€1,226
up €1,226 (+18.7%), from €6,571 to €7,796
of which Furniture and vehicles: +€1,493
- Deferred charges and accrued income +€875
new in 2025: €875
- Profit (loss) carried forward -€11,142
down €11,142 (-14.8%), from -€75,270 to -€86,413
- Other debts +€8,827
up €8,827 (+24.9%), from €35,436 to €44,263
- Trade debts +€7,426
up €7,426 (+793.3%), from €936 to €8,363
- Tax, wage and social debts +€586
up €586 (+21.3%), from €2,746 to €3,331
- Gross operating margin -€35,902
down €35,902 (-94.6%), from €37,950 to €2,048
- Depreciation -€5,052
down €5,052 (-37.1%), from €13,627 to €8,575
- Other operating charges +€2,623
up €2,623 (+134.6%), from €1,949 to €4,572
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 | €13,848 | €19,544 | +€5,696 | +41.1% |
| Fixed assets | 21/28 | €7,997 | €7,796 | -€201 | -2.5% |
| Tangible fixed assets | 22/27 | €6,571 | €7,796 | +€1,226 | +18.7% |
| Plant, machinery and equipment | 23 | €267 | €0 | -€267 | -100.0% |
| Furniture and vehicles | 24 | €6,303 | €7,796 | +€1,493 | +23.7% |
| Financial fixed assets | 28 | €1,427 | €0 | -€1,427 | -100.0% |
| Current assets | 29/58 | €5,850 | €11,747 | +€5,897 | +100.8% |
| Amounts receivable within one year | 40/41 | €1,187 | €8,000 | +€6,813 | +574.2% |
| Trade receivables | 40 | €0 | €8,000 | +€8,000 | |
| Other amounts receivable | 41 | €1,187 | €0 | -€1,187 | -100.0% |
| Cash at bank and in hand | 54/58 | €4,664 | €2,873 | -€1,791 | -38.4% |
| Deferred charges and accrued income | 490/1 | - | €875 | +€875 | |
| Total equity and liabilities | 10/49 | €13,848 | €19,544 | +€5,696 | +41.1% |
| Equity | 10/15 | -€25,270 | -€36,413 | -€11,142 | -44.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,270 | -€86,413 | -€11,142 | -14.8% |
| Amounts payable | 17/49 | €39,118 | €55,957 | +€16,838 | +43.0% |
| Amounts payable within one year | 42/48 | €39,118 | €55,957 | +€16,838 | +43.0% |
| Trade debts | 44 | €936 | €8,363 | +€7,426 | +793.3% |
| Suppliers | 440/4 | €936 | €8,363 | +€7,426 | +793.3% |
| Taxes, remuneration and social security | 45 | €2,746 | €3,331 | +€586 | +21.3% |
| Taxes | 450/3 | €2,746 | €3,331 | +€586 | +21.3% |
| Other amounts payable | 47/48 | €35,436 | €44,263 | +€8,827 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,627 | €8,575 | -€5,052 | -37.1% |
| Other operating charges | 640/8 | €1,949 | €4,572 | +€2,623 | +134.6% |
| Gross operating margin | 9900 | €37,950 | €2,048 | -€35,902 | -94.6% |
| Operating profit (loss) | 9901 | €22,375 | -€11,099 | -€33,473 | |
| Financial income | 75/76B | €8 | €12 | +€4 | +56.5% |
| Recurring financial income | 75 | €8 | €12 | +€4 | +56.5% |
| Financial charges | 65/66B | €52 | €55 | +€3 | +6.0% |
| Recurring financial charges | 65 | €52 | €55 | +€3 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €22,330 | -€11,142 | -€33,472 | |
| Profit (loss) for the period | 9904 | €22,330 | -€11,142 | -€33,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,330 | -€11,142 | -€33,472 |
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 11 October 2026 via checked.be.