Alpha Leisure Group: what changed
Alpha Leisure Group
Largest movements
- Cash +€2.3m
up €2.3m (+73.3%), from €3.2m to €5.5m
mainly Current investments (+€2.0m) and Receivables within one year (+€857,322)
- Current investments -€2.0m
down €2.0m (-28.6%), from €7.0m to €5.0m
- Receivables within one year -€857,322
down €857,322 (-92.2%), from €929,976 to €72,654
of which Other amounts receivable: -€784,722
- Other debts -€1.1m
down €1.1m (-82.8%), from €1.3m to €226,347
- Contributions +€566,667
up €566,667 (+3.4%), from €16.7m to €17.2m
- Financial income -€189,500
down €189,500 (-75.5%), from €251,143 to €61,643
- Gross operating margin -€122,596
down €122,596, from €22,340 to -€100,256
- Financial charges -€56,462
down €56,462 (-62.0%), from €91,060 to €34,598
- Taxes -€45,195
down €45,195 (-100%), from €45,195 to €0
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 | €21,213,428 | €20,672,156 | -€541,272 | -2.6% |
| Fixed assets | 21/28 | €10,124,830 | €10,124,830 | = | 0.0% |
| Intangible fixed assets | 21 | €7,512,965 | €7,512,965 | = | 0.0% |
| Financial fixed assets | 28 | €2,611,865 | €2,611,865 | = | 0.0% |
| Current assets | 29/58 | €11,088,598 | €10,547,326 | -€541,272 | -4.9% |
| Amounts receivable within one year | 40/41 | €929,976 | €72,654 | -€857,322 | -92.2% |
| Trade receivables | 40 | €108,900 | €36,300 | -€72,600 | -66.7% |
| Other amounts receivable | 41 | €821,076 | €36,354 | -€784,722 | -95.6% |
| Current investments | 50/53 | €7,000,000 | €5,000,000 | -€2.0m | -28.6% |
| Cash at bank and in hand | 54/58 | €3,158,622 | €5,474,672 | +€2.3m | +73.3% |
| Total equity and liabilities | 10/49 | €21,213,428 | €20,672,156 | -€541,272 | -2.6% |
| Equity | 10/15 | €16,815,206 | €17,307,746 | +€492,540 | +2.9% |
| Contributions | 10/11 | €16,679,620 | €17,246,287 | +€566,667 | +3.4% |
| Reserves | 13 | €135,586 | €61,460 | -€74,127 | -54.7% |
| Distributable reserves | 133 | €135,586 | €61,460 | -€74,127 | -54.7% |
| Amounts payable | 17/49 | €4,398,222 | €3,364,410 | -€1.0m | -23.5% |
| Amounts payable after more than one year | 17 | €3,000,000 | €3,000,000 | = | 0.0% |
| Financial debts | 170/4 | €3,000,000 | €3,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,398,222 | €364,410 | -€1.0m | -73.9% |
| Trade debts | 44 | €53,794 | €111,946 | +€58,152 | +108% |
| Suppliers | 440/4 | €53,794 | €111,946 | +€58,152 | +108% |
| Taxes, remuneration and social security | 45 | €26,117 | €26,117 | = | 0.0% |
| Taxes | 450/3 | €26,117 | €26,117 | = | 0.0% |
| Other amounts payable | 47/48 | €1,318,311 | €226,347 | -€1.1m | -82.8% |
| Other operating charges | 640/8 | €1,642 | €916 | -€726 | -44.2% |
| Gross operating margin | 9900 | €22,340 | -€100,256 | -€122,596 | |
| Operating profit (loss) | 9901 | €20,698 | -€101,172 | -€121,870 | |
| Financial income | 75/76B | €251,143 | €61,643 | -€189,500 | -75.5% |
| Recurring financial income | 75 | €251,143 | €61,643 | -€189,500 | -75.5% |
| Financial charges | 65/66B | €91,060 | €34,598 | -€56,462 | -62.0% |
| Recurring financial charges | 65 | €91,060 | €34,598 | -€56,462 | -62.0% |
| Profit (loss) for the period before taxes | 9903 | €180,781 | -€74,127 | -€254,908 | |
| Income taxes | 67/77 | €45,195 | €0 | -€45,195 | -100% |
| Profit (loss) for the period | 9904 | €135,586 | -€74,127 | -€209,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,586 | -€74,127 | -€209,713 |
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 2 November 2026 via checked.be.