ALPHA MAINTENANCE SYSTEMS: what changed
Two fiscal 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 MAINTENANCE SYSTEMS
Largest movements
- Receivables within one year -€96,947
down €96,947 (-35.2%), from €275,486 to €178,539
of which Trade receivables: -€104,106
- Tangible fixed assets -€49,392
down €49,392 (-28.6%), from €172,611 to €123,218
of which Plant, machinery and equipment: -€31,865
- Cash +€47,105
up €47,105 (+28.7%), from €164,317 to €211,422
mainly Net result for the year (+€207,814) and Receivables within one year (+€96,947)
- Intangible fixed assets -€25,899
down €25,899 (-28.5%), from €90,723 to €64,824
- Deferred charges and accrued income +€11,410
up €11,410 (+25.0%), from €45,636 to €57,046
- Trade debts -€57,574
down €57,574 (-53.4%), from €107,742 to €50,168
- Tax, wage and social debts -€52,715
down €52,715 (-45.7%), from €115,290 to €62,575
of which Remuneration and social security: -€34,554
- Services and other goods +€170,501
up €170,501 (+35.2%), from €484,731 to €655,232
- Turnover +€119,131
up €119,131 (+8.2%), from €1.4m to €1.6m
- Staff costs -€70,036
down €70,036 (-12.1%), from €578,896 to €508,859
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.
Cash bridge derived
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 | €786,398 | €683,923 | -€102,475 | -13.0% |
| Fixed assets | 21/28 | €263,423 | €188,132 | -€75,291 | -28.6% |
| Intangible fixed assets | 21 | €90,723 | €64,824 | -€25,899 | -28.5% |
| Tangible fixed assets | 22/27 | €172,611 | €123,218 | -€49,392 | -28.6% |
| Plant, machinery and equipment | 23 | €127,291 | €95,426 | -€31,865 | -25.0% |
| Furniture and vehicles | 24 | €45,320 | €27,793 | -€17,527 | -38.7% |
| Financial fixed assets | 28 | €89 | €89 | = | 0.0% |
| Other financial fixed assets | 284/8 | €89 | €89 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €89 | €89 | = | 0.0% |
| Current assets | 29/58 | €522,975 | €495,791 | -€27,184 | -5.2% |
| Stocks and contracts in progress | 3 | €37,537 | €48,784 | +€11,247 | +30.0% |
| Stocks | 30/36 | €37,537 | €48,784 | +€11,247 | +30.0% |
| Goods purchased for resale | 34 | €37,537 | €48,784 | +€11,247 | +30.0% |
| Amounts receivable within one year | 40/41 | €275,486 | €178,539 | -€96,947 | -35.2% |
| Trade receivables | 40 | €267,575 | €163,470 | -€104,106 | -38.9% |
| Other amounts receivable | 41 | €7,910 | €15,070 | +€7,159 | +90.5% |
| Cash at bank and in hand | 54/58 | €164,317 | €211,422 | +€47,105 | +28.7% |
| Deferred charges and accrued income | 490/1 | €45,636 | €57,046 | +€11,410 | +25.0% |
| Total equity and liabilities | 10/49 | €786,398 | €683,923 | -€102,475 | -13.0% |
| Equity | 10/15 | €363,366 | €371,181 | +€7,814 | +2.2% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €2,975 | €2,975 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) carried forward | 14 | €330,644 | €338,459 | +€7,814 | +2.4% |
| Amounts payable | 17/49 | €423,032 | €312,743 | -€110,289 | -26.1% |
| Amounts payable within one year | 42/48 | €423,032 | €312,743 | -€110,289 | -26.1% |
| Trade debts | 44 | €107,742 | €50,168 | -€57,574 | -53.4% |
| Suppliers | 440/4 | €107,742 | €50,168 | -€57,574 | -53.4% |
| Taxes, remuneration and social security | 45 | €115,290 | €62,575 | -€52,715 | -45.7% |
| Taxes | 450/3 | €38,483 | €20,321 | -€18,161 | -47.2% |
| Remuneration and social security | 454/9 | €76,807 | €42,254 | -€34,554 | -45.0% |
| Other amounts payable | 47/48 | €200,000 | €200,000 | = | 0.0% |
| Operating income | 70/76A | €1,452,831 | €1,565,026 | +€112,195 | +7.7% |
| Turnover | 70 | €1,444,400 | €1,563,531 | +€119,131 | +8.2% |
| Other operating income | 74 | €8,431 | €1,495 | -€6,936 | -82.3% |
| Operating charges | 60/66A | €1,169,646 | €1,277,898 | +€108,252 | +9.3% |
| Goods for resale, raw materials and consumables | 60 | €29,534 | €25,052 | -€4,482 | -15.2% |
| Purchases | 600/8 | €18,948 | €36,300 | +€17,352 | +91.6% |
| Change in stocks: decrease (increase) | 609 | €10,586 | -€11,247 | -€21,834 | |
| Services and other goods | 61 | €484,731 | €655,232 | +€170,501 | +35.2% |
| Remuneration, social security and pensions | 62 | €578,896 | €508,859 | -€70,036 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,003 | €87,339 | +€12,336 | +16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €192 | €365 | +€172 | +89.6% |
| Other operating charges | 640/8 | €1,290 | €1,050 | -€239 | -18.6% |
| Operating profit (loss) | 9901 | €283,186 | €287,128 | +€3,943 | +1.4% |
| Financial income | 75/76B | - | €376 | +€376 | |
| Recurring financial income | 75 | - | €376 | +€376 | |
| Income from financial fixed assets | 750 | - | €376 | +€376 | |
| Financial charges | 65/66B | €1,697 | €963 | -€733 | -43.2% |
| Recurring financial charges | 65 | €1,697 | €963 | -€733 | -43.2% |
| Debt charges | 650 | €10 | €442 | +€432 | +4272.7% |
| Other financial charges | 652/9 | €1,686 | €521 | -€1,165 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €281,489 | €286,541 | +€5,052 | +1.8% |
| Income taxes | 67/77 | €76,601 | €78,727 | +€2,125 | +2.8% |
| Taxes | 670/3 | €76,601 | €78,861 | +€2,260 | +2.9% |
| Tax adjustments and reversals of tax provisions | 77 | - | €134 | +€134 | |
| Profit (loss) for the period | 9904 | €204,888 | €207,814 | +€2,927 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €204,888 | €207,814 | +€2,927 | +1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.