ALPHA HOLDING INC: 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 HOLDING INC
Largest movements
- Receivables within one year -€636,100
down €636,100 (-72.3%), from €879,356 to €243,256
of which Trade receivables: -€651,552
- Cash +€59,841
up €59,841 (+372%), from €16,099 to €75,940
mainly Receivables within one year (+€636,100) and Net result for the year (+€132,744)
- Trade debts -€763,195
down €763,195 (-90.6%), from €842,360 to €79,165
- Profit (loss) carried forward +€132,744
up €132,744 (+283%), from €46,928 to €179,672
- Other debts +€28,844
up €28,844 (+76,999%), from €37 to €28,881
- Tax, wage and social debts +€21,156
up €21,156 (+151%), from €13,989 to €35,145
- Turnover +€1.4m
new in 2024: €1.4m
- Gross operating margin +€159,396
up €159,396 (+949%), from €16,792 to €176,188
- Purchases and services +€55,960
up €55,960 (+5.0%), from €1.1m to €1.2m
- Taxes +€32,328
up €32,328 (+1,148%), from €2,817 to €35,145
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 | €903,314 | €322,863 | -€580,451 | -64.3% |
| Fixed assets | 21/28 | €7,859 | €3,667 | -€4,192 | -53.3% |
| Tangible fixed assets | 22/27 | €7,859 | €3,667 | -€4,192 | -53.3% |
| Furniture and vehicles | 24 | €7,859 | €3,667 | -€4,192 | -53.3% |
| Current assets | 29/58 | €895,455 | €319,196 | -€576,259 | -64.4% |
| Amounts receivable within one year | 40/41 | €879,356 | €243,256 | -€636,100 | -72.3% |
| Trade receivables | 40 | €858,812 | €207,261 | -€651,552 | -75.9% |
| Other amounts receivable | 41 | €20,544 | €35,996 | +€15,452 | +75.2% |
| Cash at bank and in hand | 54/58 | €16,099 | €75,940 | +€59,841 | +372% |
| Total equity and liabilities | 10/49 | €903,314 | €322,863 | -€580,451 | -64.3% |
| Equity | 10/15 | €46,928 | €179,672 | +€132,744 | +283% |
| Profit (loss) carried forward | 14 | €46,928 | €179,672 | +€132,744 | +283% |
| Amounts payable | 17/49 | €856,386 | €143,191 | -€713,195 | -83.3% |
| Amounts payable within one year | 42/48 | €856,386 | €143,191 | -€713,195 | -83.3% |
| Trade debts | 44 | €842,360 | €79,165 | -€763,195 | -90.6% |
| Suppliers | 440/4 | €842,360 | €79,165 | -€763,195 | -90.6% |
| Taxes, remuneration and social security | 45 | €13,989 | €35,145 | +€21,156 | +151% |
| Taxes | 450/3 | €13,989 | €35,145 | +€21,156 | +151% |
| Other amounts payable | 47/48 | €37 | €28,881 | +€28,844 | +76,999% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Turnover | 70 | - | €1,354,851 | +€1.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,122,704 | €1,178,663 | +€55,960 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,192 | €4,192 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €3,156 | +€3,156 | |
| Gross operating margin | 9900 | €16,792 | €176,188 | +€159,396 | +949% |
| Operating profit (loss) | 9901 | €12,600 | €168,840 | +€156,241 | +1,240% |
| Financial charges | 65/66B | €468 | €952 | +€484 | +103% |
| Recurring financial charges | 65 | €468 | €952 | +€484 | +103% |
| Profit (loss) for the period before taxes | 9903 | €12,132 | €167,889 | +€155,757 | +1,284% |
| Income taxes | 67/77 | €2,817 | €35,145 | +€32,328 | +1,148% |
| Profit (loss) for the period | 9904 | €9,315 | €132,744 | +€123,429 | +1,325% |
| Profit (loss) for the period to be appropriated | 9905 | €9,315 | €132,744 | +€123,429 | +1,325% |
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 30 October 2026 via checked.be.