ALPHA HABITAT: 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 HABITAT
Largest movements
- Tangible fixed assets -€20,572
down €20,572 (-3.4%), from €608,453 to €587,881
- Debts after one year -€14,050
down €14,050 (-4.1%), from €346,770 to €332,720
- Gross operating margin +€2,408
up €2,408 (+10.7%), from €22,418 to €24,826
- Financial charges -€326
down €326 (-3.6%), from €9,052 to €8,726
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 | €613,364 | €594,126 | -€19,238 | -3.1% |
| Fixed assets | 21/28 | €608,453 | €587,881 | -€20,572 | -3.4% |
| Tangible fixed assets | 22/27 | €608,453 | €587,881 | -€20,572 | -3.4% |
| Land and buildings | 22 | €608,453 | €587,881 | -€20,572 | -3.4% |
| Current assets | 29/58 | €4,911 | €6,245 | +€1,334 | +27.2% |
| Cash at bank and in hand | 54/58 | €4,911 | €6,245 | +€1,334 | +27.2% |
| Total equity and liabilities | 10/49 | €613,364 | €594,126 | -€19,238 | -3.1% |
| Equity | 10/15 | €58,153 | €55,397 | -€2,756 | -4.7% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €145,888 | €140,739 | -€5,149 | -3.5% |
| Tax-exempt reserves | 132 | €145,888 | €140,739 | -€5,149 | -3.5% |
| Profit (loss) carried forward | 14 | -€99,835 | -€97,442 | +€2,393 | +2.4% |
| Provisions and deferred taxes | 16 | €48,629 | €46,913 | -€1,716 | -3.5% |
| Deferred taxes | 168 | €48,629 | €46,913 | -€1,716 | -3.5% |
| Amounts payable | 17/49 | €506,582 | €491,816 | -€14,766 | -2.9% |
| Amounts payable after more than one year | 17 | €346,770 | €332,720 | -€14,050 | -4.1% |
| Financial debts | 170/4 | €346,770 | €332,720 | -€14,050 | -4.1% |
| Amounts payable within one year | 42/48 | €159,812 | €159,095 | -€717 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €13,777 | €14,050 | +€273 | +2.0% |
| Trade debts | 44 | €3,227 | €2,852 | -€375 | -11.6% |
| Suppliers | 440/4 | €3,227 | €2,852 | -€375 | -11.6% |
| Other amounts payable | 47/48 | €142,809 | €142,194 | -€615 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,725 | €20,572 | -€153 | -0.7% |
| Gross operating margin | 9900 | €22,418 | €24,826 | +€2,408 | +10.7% |
| Operating profit (loss) | 9901 | €1,693 | €4,254 | +€2,561 | +151% |
| Financial charges | 65/66B | €9,052 | €8,726 | -€326 | -3.6% |
| Recurring financial charges | 65 | €9,052 | €8,726 | -€326 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,359 | -€4,472 | +€2,887 | +39.2% |
| Transfer from deferred taxes | 780 | €1,716 | €1,716 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€5,643 | -€2,756 | +€2,887 | +51.2% |
| Transfer from tax-exempt reserves | 789 | €5,149 | €5,149 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€494 | €2,393 | +€2,887 |
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 18 October 2026 via checked.be.