ALPHA NUTRITION: 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 NUTRITION
Largest movements
- Current investments +€69,000
new in 2025: €69,000
- Receivables within one year -€21,892
down €21,892 (-11.8%), from €185,456 to €163,564
of which Trade receivables: -€14,423
- Tangible fixed assets -€18,530
down €18,530 (-7.3%), from €255,282 to €236,752
of which Land and buildings: -€13,500
- Reserves +€69,000
up €69,000 (+3,710%), from €1,860 to €70,860
- Other debts +€68,701
new in 2025: €68,701
- Profit (loss) carried forward -€56,603
down €56,603 (-41.9%), from €135,022 to €78,419
- Trade debts -€32,586
down €32,586 (-13.0%), from €250,359 to €217,773
- Debts after one year -€17,466
down €17,466 (-9.4%), from €186,267 to €168,801
- Gross operating margin +€18,623
up €18,623 (+8.2%), from €226,154 to €244,777
- Taxes +€13,701
up €13,701 (+332%), from €4,125 to €17,826
- Other operating charges -€4,191
down €4,191 (-25.3%), from €16,557 to €12,366
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €721,314 | €746,468 | +€25,155 | +3.5% |
| Fixed assets | 21/28 | €280,507 | €256,897 | -€23,610 | -8.4% |
| Intangible fixed assets | 21 | €15,225 | €10,146 | -€5,080 | -33.4% |
| Tangible fixed assets | 22/27 | €255,282 | €236,752 | -€18,530 | -7.3% |
| Land and buildings | 22 | €245,665 | €232,165 | -€13,500 | -5.5% |
| Plant, machinery and equipment | 23 | €661 | €534 | -€127 | -19.3% |
| Furniture and vehicles | 24 | €8,956 | €4,053 | -€4,903 | -54.7% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €440,806 | €489,571 | +€48,765 | +11.1% |
| Stocks and contracts in progress | 3 | €255,350 | €257,007 | +€1,657 | +0.6% |
| Stocks | 30/36 | €255,350 | €257,007 | +€1,657 | +0.6% |
| Amounts receivable within one year | 40/41 | €185,456 | €163,564 | -€21,892 | -11.8% |
| Trade receivables | 40 | €169,987 | €155,564 | -€14,423 | -8.5% |
| Other amounts receivable | 41 | €15,469 | €8,000 | -€7,469 | -48.3% |
| Current investments | 50/53 | - | €69,000 | +€69,000 | |
| Total equity and liabilities | 10/49 | €721,314 | €746,468 | +€25,155 | +3.5% |
| Equity | 10/15 | €143,082 | €155,479 | +€12,397 | +8.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €70,860 | +€69,000 | +3,710% |
| Non-distributable reserves | 130/1 | €1,860 | €70,860 | +€69,000 | +3,710% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Own shares acquired | 1312 | - | €69,000 | +€69,000 | |
| Profit (loss) carried forward | 14 | €135,022 | €78,419 | -€56,603 | -41.9% |
| Amounts payable | 17/49 | €578,232 | €590,990 | +€12,758 | +2.2% |
| Amounts payable after more than one year | 17 | €186,267 | €168,801 | -€17,466 | -9.4% |
| Financial debts | 170/4 | €186,267 | €168,801 | -€17,466 | -9.4% |
| Amounts payable within one year | 42/48 | €391,965 | €422,189 | +€30,224 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €19,771 | €20,042 | +€271 | +1.4% |
| Financial debts | 43 | €64,589 | €51,532 | -€13,056 | -20.2% |
| Other loans | 439 | €64,589 | €51,532 | -€13,056 | -20.2% |
| Trade debts | 44 | €250,359 | €217,773 | -€32,586 | -13.0% |
| Suppliers | 440/4 | €250,359 | €217,773 | -€32,586 | -13.0% |
| Taxes, remuneration and social security | 45 | €57,246 | €64,140 | +€6,893 | +12.0% |
| Taxes | 450/3 | €3,060 | €3,555 | +€495 | +16.2% |
| Remuneration and social security | 454/9 | €54,187 | €60,585 | +€6,398 | +11.8% |
| Other amounts payable | 47/48 | - | €68,701 | +€68,701 | |
| Non-recurring operating income | 76A | - | €39,500 | +€39,500 | |
| Remuneration, social security and pensions | 62 | €166,101 | €168,284 | +€2,183 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,263 | €23,610 | -€653 | -2.7% |
| Other operating charges | 640/8 | €16,557 | €12,366 | -€4,191 | -25.3% |
| Gross operating margin | 9900 | €226,154 | €244,777 | +€18,623 | +8.2% |
| Operating profit (loss) | 9901 | €19,233 | €40,517 | +€21,284 | +111% |
| Financial income | 75/76B | €398 | €1,584 | +€1,186 | +298% |
| Recurring financial income | 75 | €398 | €1,584 | +€1,186 | +298% |
| Financial charges | 65/66B | €11,272 | €11,878 | +€606 | +5.4% |
| Recurring financial charges | 65 | €11,272 | €11,878 | +€606 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €8,359 | €30,223 | +€21,864 | +262% |
| Income taxes | 67/77 | €4,125 | €17,826 | +€13,701 | +332% |
| Profit (loss) for the period | 9904 | €4,234 | €12,397 | +€8,163 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €4,234 | €12,397 | +€8,163 | +193% |
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 15 October 2026 via checked.be.