ALPHA H.G.H.: 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 H.G.H.
Largest movements
- Receivables within one year +€15,528
new in 2024: €15,528
of which Trade receivables: +€15,064
- Cash -€4,119
down €4,119 (-100.0%), from €4,120 to €1
mainly Receivables within one year (-€15,528) and Investment in fixed assets (net) (-€3,000)
- Tangible fixed assets +€1,500
new in 2024: €1,500
- Profit (loss) carried forward +€5,111
up €5,111 (+10.8%), from -€47,291 to -€42,180
- Other debts +€4,772
up €4,772 (+16.8%), from €28,392 to €33,164
- Trade debts +€1,623
up €1,623 (+138%), from €1,179 to €2,802
- Tax, wage and social debts +€1,403
up €1,403 (+247%), from €568 to €1,971
- Gross operating margin +€7,926
up €7,926 (+825%), from €960 to €8,887
- Taxes +€1,668
up €1,668 (+1,104%), from €151 to €1,819
- Depreciation +€1,500
new in 2024: €1,500
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,120 | €17,028 | +€12,909 | +313% |
| Fixed assets | 21/28 | - | €1,500 | +€1,500 | |
| Tangible fixed assets | 22/27 | - | €1,500 | +€1,500 | |
| Furniture and vehicles | 24 | - | €1,500 | +€1,500 | |
| Current assets | 29/58 | €4,120 | €15,528 | +€11,409 | +277% |
| Amounts receivable within one year | 40/41 | - | €15,528 | +€15,528 | |
| Trade receivables | 40 | - | €15,064 | +€15,064 | |
| Other amounts receivable | 41 | - | €464 | +€464 | |
| Cash at bank and in hand | 54/58 | €4,120 | €1 | -€4,119 | -100.0% |
| Total equity and liabilities | 10/49 | €4,120 | €17,028 | +€12,909 | +313% |
| Equity | 10/15 | -€26,020 | -€20,909 | +€5,111 | +19.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €2,680 | €2,680 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,192 | €1,192 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,192 | €1,192 | = | 0.0% |
| Distributable reserves | 133 | €1,487 | €1,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,291 | -€42,180 | +€5,111 | +10.8% |
| Amounts payable | 17/49 | €30,139 | €37,937 | +€7,798 | +25.9% |
| Amounts payable within one year | 42/48 | €30,139 | €37,937 | +€7,798 | +25.9% |
| Trade debts | 44 | €1,179 | €2,802 | +€1,623 | +138% |
| Suppliers | 440/4 | €1,179 | €2,802 | +€1,623 | +138% |
| Taxes, remuneration and social security | 45 | €568 | €1,971 | +€1,403 | +247% |
| Taxes | 450/3 | €568 | €1,971 | +€1,403 | +247% |
| Other amounts payable | 47/48 | €28,392 | €33,164 | +€4,772 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,500 | +€1,500 | |
| Other operating charges | 640/8 | €384 | €395 | +€11 | +2.8% |
| Gross operating margin | 9900 | €960 | €8,887 | +€7,926 | +825% |
| Operating profit (loss) | 9901 | €576 | €6,992 | +€6,416 | +1,114% |
| Financial charges | 65/66B | €43 | €82 | +€39 | +90.1% |
| Recurring financial charges | 65 | €43 | €82 | +€39 | +90.1% |
| Profit (loss) for the period before taxes | 9903 | €533 | €6,910 | +€6,377 | +1,197% |
| Income taxes | 67/77 | €151 | €1,819 | +€1,668 | +1,104% |
| Profit (loss) for the period | 9904 | €382 | €5,090 | +€4,709 | +1,234% |
| Profit (loss) for the period to be appropriated | 9905 | €382 | €5,090 | +€4,709 | +1,234% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.