ALPHA MARINE SYSTEMS: 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.
What changed
ALPHA MARINE SYSTEMS
NACE 26.300, Manufacture of computer, electronic and optical products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€432,617
2024 · €859,525-€426,909
Equity
€1.5m
2024 · €1.5m+€13,217
Cash
€2,284
2024 · €224+€2,060
Balance sheet total
€3.4m
2024 · €3.5m-€137,353
Largest movements
Assets
- Receivables within one year -€139,412
down €139,412 (-12.9%), from €1.1m to €939,401
Equity and liabilities
- Other debts -€150,685
down €150,685 (-9.4%), from €1.6m to €1.5m
Income statement
- Financial income -€465,767
down €465,767 (-46.4%), from €1.0m to €538,798
- Financial charges -€41,881
down €41,881 (-30.3%), from €137,994 to €96,113
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.
Result 2024
€859,525
Other operating charges
-€357
Other operating items
-€2,665
Financial income
-€465,767
Financial charges
+€41,881
Result 2025
€432,617
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€421,460
Investment
€0
Financing
-€419,400
Cash 2024
€224
From operations (derived)
+€421,460
Net result for the year
+€432,617
Receivables within one year
+€139,412
Trade debts
+€116
Other debts
-€150,685
Financing
-€419,400
Contributions, distributions and other
-€419,400
Cash 2025
€2,284
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,537,056 | €3,399,703 | -€137,353 | -3.9% |
| Fixed assets | 21/28 | €2,458,019 | €2,458,019 | = | 0.0% |
| Financial fixed assets | 28 | €2,458,019 | €2,458,019 | = | 0.0% |
| Affiliated companies | 280/1 | €2,458,019 | €2,458,019 | = | 0.0% |
| Participating interests | 280 | €2,458,019 | €2,458,019 | = | 0.0% |
| Current assets | 29/58 | €1,079,038 | €941,685 | -€137,353 | -12.7% |
| Amounts receivable within one year | 40/41 | €1,078,813 | €939,401 | -€139,412 | -12.9% |
| Other amounts receivable | 41 | €1,078,813 | €939,401 | -€139,412 | -12.9% |
| Cash at bank and in hand | 54/58 | €224 | €2,284 | +€2,060 | +918% |
| Total equity and liabilities | 10/49 | €3,537,056 | €3,399,703 | -€137,353 | -3.9% |
| Equity | 10/15 | €1,529,631 | €1,542,848 | +€13,217 | +0.9% |
| Contributions | 10/11 | €983,136 | €983,136 | = | 0.0% |
| Capital | 10 | €983,136 | €983,136 | = | 0.0% |
| Issued capital | 100 | €983,136 | €983,136 | = | 0.0% |
| Reserves | 13 | €98,314 | €98,314 | = | 0.0% |
| Non-distributable reserves | 130/1 | €98,314 | €98,314 | = | 0.0% |
| Legal reserve | 130 | €98,314 | €98,314 | = | 0.0% |
| Profit (loss) carried forward | 14 | €448,182 | €461,399 | +€13,217 | +2.9% |
| Amounts payable | 17/49 | €2,007,425 | €1,856,855 | -€150,570 | -7.5% |
| Amounts payable after more than one year | 17 | €405,025 | €405,025 | = | 0.0% |
| Other amounts payable | 178/9 | €405,025 | €405,025 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,602,400 | €1,451,830 | -€150,570 | -9.4% |
| Trade debts | 44 | €553 | €669 | +€116 | +20.9% |
| Suppliers | 440/4 | €553 | €669 | +€116 | +20.9% |
| Other amounts payable | 47/48 | €1,601,846 | €1,451,161 | -€150,685 | -9.4% |
| Operating charges | 60/66A | €7,046 | €10,068 | +€3,022 | +42.9% |
| Services and other goods | 61 | €5,600 | €8,265 | +€2,665 | +47.6% |
| Other operating charges | 640/8 | €1,446 | €1,803 | +€357 | +24.7% |
| Operating profit (loss) | 9901 | -€7,046 | -€10,068 | -€3,022 | -42.9% |
| Financial income | 75/76B | €1,004,565 | €538,798 | -€465,767 | -46.4% |
| Recurring financial income | 75 | €1,004,565 | €538,798 | -€465,767 | -46.4% |
| Income from financial fixed assets | 750 | €943,347 | €485,108 | -€458,239 | -48.6% |
| Income from current assets | 751 | €61,218 | €53,690 | -€7,528 | -12.3% |
| Financial charges | 65/66B | €137,994 | €96,113 | -€41,881 | -30.3% |
| Recurring financial charges | 65 | €137,994 | €96,113 | -€41,881 | -30.3% |
| Debt charges | 650 | €137,942 | €96,059 | -€41,883 | -30.4% |
| Other financial charges | 652/9 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €859,525 | €432,617 | -€426,909 | -49.7% |
| Profit (loss) for the period | 9904 | €859,525 | €432,617 | -€426,909 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €859,525 | €432,617 | -€426,909 | -49.7% |
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 22 October 2026 via checked.be.