ALPHA-GROENPLAATS: 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-GROENPLAATS
Largest movements
- Tangible fixed assets -€19,269
down €19,269 (-16.6%), from €116,394 to €97,125
of which Plant, machinery and equipment: -€17,796
- Cash -€9,722
down €9,722 (-12.8%), from €76,243 to €66,521
mainly Net result for the year (-€41,976) and Investment in fixed assets (net) (-€16,692)
- Deferred charges and accrued income +€9,674
new in 2025: €9,674
- Receivables within one year -€3,771
down €3,771 (-10.7%), from €35,275 to €31,504
of which Other amounts receivable: -€4,375
- Profit (loss) carried forward -€41,976
down €41,976 (-86.2%), from €48,684 to €6,708
- Trade debts +€41,093
up €41,093 (+39.1%), from €105,101 to €146,194
- Tax, wage and social debts -€9,091
down €9,091 (-19.7%), from €46,196 to €37,105
of which Remuneration and social security: -€5,138
- Debts after one year -€8,097
no longer reported in 2025 (was €8,097)
- Current portion of long-term debt -€3,853
down €3,853 (-32.2%), from €11,950 to €8,097
- Gross operating margin -€41,435
down €41,435 (-10.5%), from €395,091 to €353,656
- Depreciation -€10,137
down €10,137 (-22.0%), from €46,098 to €35,961
- Staff costs +€7,348
up €7,348 (+2.2%), from €331,394 to €338,742
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 | €240,488 | €218,564 | -€21,924 | -9.1% |
| Fixed assets | 21/28 | €116,394 | €97,125 | -€19,269 | -16.6% |
| Tangible fixed assets | 22/27 | €116,394 | €97,125 | -€19,269 | -16.6% |
| Plant, machinery and equipment | 23 | €105,135 | €87,339 | -€17,796 | -16.9% |
| Furniture and vehicles | 24 | €10,196 | €9,786 | -€410 | -4.0% |
| Other tangible fixed assets | 26 | €1,063 | - | -€1,063 | |
| Current assets | 29/58 | €124,094 | €121,439 | -€2,655 | -2.1% |
| Stocks and contracts in progress | 3 | €12,576 | €13,740 | +€1,164 | +9.3% |
| Stocks | 30/36 | €12,576 | €13,740 | +€1,164 | +9.3% |
| Amounts receivable within one year | 40/41 | €35,275 | €31,504 | -€3,771 | -10.7% |
| Trade receivables | 40 | €20,191 | €20,795 | +€604 | +3.0% |
| Other amounts receivable | 41 | €15,084 | €10,709 | -€4,375 | -29.0% |
| Cash at bank and in hand | 54/58 | €76,243 | €66,521 | -€9,722 | -12.8% |
| Deferred charges and accrued income | 490/1 | - | €9,674 | +€9,674 | |
| Total equity and liabilities | 10/49 | €240,488 | €218,564 | -€21,924 | -9.1% |
| Equity | 10/15 | €69,144 | €27,168 | -€41,976 | -60.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,684 | €6,708 | -€41,976 | -86.2% |
| Amounts payable | 17/49 | €171,344 | €191,396 | +€20,052 | +11.7% |
| Amounts payable after more than one year | 17 | €8,097 | - | -€8,097 | |
| Financial debts | 170/4 | €8,097 | - | -€8,097 | |
| Amounts payable within one year | 42/48 | €163,247 | €191,396 | +€28,149 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €11,950 | €8,097 | -€3,853 | -32.2% |
| Trade debts | 44 | €105,101 | €146,194 | +€41,093 | +39.1% |
| Suppliers | 440/4 | €105,101 | €146,194 | +€41,093 | +39.1% |
| Taxes, remuneration and social security | 45 | €46,196 | €37,105 | -€9,091 | -19.7% |
| Taxes | 450/3 | €6,322 | €2,369 | -€3,953 | -62.5% |
| Remuneration and social security | 454/9 | €39,874 | €34,736 | -€5,138 | -12.9% |
| Remuneration, social security and pensions | 62 | €331,394 | €338,742 | +€7,348 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,098 | €35,961 | -€10,137 | -22.0% |
| Other operating charges | 640/8 | €4,739 | €7,295 | +€2,556 | +53.9% |
| Gross operating margin | 9900 | €395,091 | €353,656 | -€41,435 | -10.5% |
| Operating profit (loss) | 9901 | €12,860 | -€28,342 | -€41,202 | |
| Financial income | 75/76B | €580 | €64 | -€516 | -89.0% |
| Recurring financial income | 75 | €580 | €64 | -€516 | -89.0% |
| Financial charges | 65/66B | €10,814 | €13,698 | +€2,884 | +26.7% |
| Recurring financial charges | 65 | €10,814 | €13,698 | +€2,884 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €2,626 | -€41,976 | -€44,602 | |
| Income taxes | 67/77 | €2,369 | - | -€2,369 | |
| Profit (loss) for the period | 9904 | €257 | -€41,976 | -€42,233 | |
| Profit (loss) for the period to be appropriated | 9905 | €257 | -€41,976 | -€42,233 |
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 29 October 2026 via checked.be.