ALPHA IMMO INVEST: what changed
ALPHA IMMO INVEST
Largest movements
- Cash -€402,614
down €402,614 (-84.6%), from €476,170 to €73,555
mainly Receivables within one year (-€360,294) and Stocks and contracts (-€62,716)
- Receivables within one year +€360,294
up €360,294 (+6,898%), from €5,223 to €365,518
- Tangible fixed assets -€76,782
down €76,782 (-5.9%), from €1.3m to €1.2m
of which Furniture and vehicles: -€63,917
- Stocks and contracts +€62,716
new in 2025: €62,716
- Deferred charges and accrued income +€35,146
new in 2025: €35,146
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€80,787
up €80,787 (+165%), from €49,000 to €129,787
- Other operating charges +€64,881
up €64,881 (+364%), from €17,812 to €82,694
- Depreciation -€14,100
down €14,100 (-16.5%), from €85,422 to €71,322
- Financial income +€8,390
new in 2025: €8,390
- Taxes -€3,950
no longer reported in 2025 (was €3,950)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,790,355 | €1,768,866 | -€21,489 | -1.2% |
| Formation expenses | 20 | €736 | €486 | -€250 | -33.9% |
| Fixed assets | 21/28 | €1,308,226 | €1,231,444 | -€76,782 | -5.9% |
| Tangible fixed assets | 22/27 | €1,308,226 | €1,231,444 | -€76,782 | -5.9% |
| Land and buildings | 22 | €1,243,106 | €1,183,241 | -€59,865 | -4.8% |
| Furniture and vehicles | 24 | €65,119 | €1,203 | -€63,917 | -98.2% |
| Assets under construction and advance payments | 27 | - | €47,000 | +€47,000 | |
| Current assets | 29/58 | €481,393 | €536,936 | +€55,542 | +11.5% |
| Stocks and contracts in progress | 3 | - | €62,716 | +€62,716 | |
| Stocks | 30/36 | - | €62,716 | +€62,716 | |
| Amounts receivable within one year | 40/41 | €5,223 | €365,518 | +€360,294 | +6,898% |
| Other amounts receivable | 41 | €5,223 | €365,518 | +€360,294 | +6,898% |
| Cash at bank and in hand | 54/58 | €476,170 | €73,555 | -€402,614 | -84.6% |
| Deferred charges and accrued income | 490/1 | - | €35,146 | +€35,146 | |
| Total equity and liabilities | 10/49 | €1,790,355 | €1,768,866 | -€21,489 | -1.2% |
| Equity | 10/15 | -€112 | -€16,042 | -€15,931 | -14,240% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,291 | €57,291 | = | 0.0% |
| Distributable reserves | 133 | €57,291 | €57,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,403 | -€74,334 | -€15,931 | -27.3% |
| Amounts payable | 17/49 | €1,790,467 | €1,784,908 | -€5,559 | -0.3% |
| Amounts payable within one year | 42/48 | €1,790,467 | €1,784,908 | -€5,559 | -0.3% |
| Trade debts | 44 | €3,611 | €7,908 | +€4,296 | +119% |
| Suppliers | 440/4 | €3,611 | €7,908 | +€4,296 | +119% |
| Taxes, remuneration and social security | 45 | €25,481 | €13,826 | -€11,655 | -45.7% |
| Taxes | 450/3 | €25,481 | €13,826 | -€11,655 | -45.7% |
| Other amounts payable | 47/48 | €1,761,375 | €1,763,175 | +€1,800 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,422 | €71,322 | -€14,100 | -16.5% |
| Other operating charges | 640/8 | €17,812 | €82,694 | +€64,881 | +364% |
| Gross operating margin | 9900 | €49,000 | €129,787 | +€80,787 | +165% |
| Operating profit (loss) | 9901 | -€54,234 | -€24,229 | +€30,005 | +55.3% |
| Financial income | 75/76B | - | €8,390 | +€8,390 | |
| Recurring financial income | 75 | - | €8,390 | +€8,390 | |
| Financial charges | 65/66B | €219 | €92 | -€127 | -58.0% |
| Recurring financial charges | 65 | €219 | €92 | -€127 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | -€54,453 | -€15,931 | +€38,523 | +70.7% |
| Income taxes | 67/77 | €3,950 | - | -€3,950 | |
| Profit (loss) for the period | 9904 | -€58,403 | -€15,931 | +€42,473 | +72.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,403 | -€15,931 | +€42,473 | +72.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.