ALPHA PI CONSULTING: 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 PI CONSULTING
Largest movements
- Cash -€50,839
down €50,839 (-34.3%), from €148,203 to €97,364
mainly Net result for the year (-€39,284) and Receivables after one year (-€34,911)
- Receivables within one year -€48,372
down €48,372 (-77.6%), from €62,357 to €13,985
of which Trade receivables: -€54,523
- Receivables after one year +€34,911
new in 2025: €34,911
- Tangible fixed assets -€9,044
down €9,044 (-41.0%), from €22,073 to €13,029
of which Furniture and vehicles: -€13,176
- Profit (loss) carried forward -€39,284
down €39,284 (-549%), from -€7,159 to -€46,442
- Trade debts -€23,408
down €23,408 (-87.8%), from €26,648 to €3,240
- Tax, wage and social debts -€9,812
down €9,812 (-95.9%), from €10,228 to €416
- Gross operating margin -€25,030
down €25,030, from €3,647 to -€21,383
- Financial income -€1,221
down €1,221 (-75.1%), from €1,626 to €405
- Other operating charges +€787
up €787 (+76.1%), from €1,035 to €1,822
- Depreciation +€769
up €769 (+5.1%), from €15,090 to €15,859
- Taxes +€416
new in 2025: €416
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
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 | €233,217 | €160,713 | -€72,504 | -31.1% |
| Fixed assets | 21/28 | €22,502 | €13,427 | -€9,075 | -40.3% |
| Intangible fixed assets | 21 | €429 | €399 | -€31 | -7.1% |
| Tangible fixed assets | 22/27 | €22,073 | €13,029 | -€9,044 | -41.0% |
| Land and buildings | 22 | €4,196 | €3,764 | -€432 | -10.3% |
| Plant, machinery and equipment | 23 | €1,203 | €5,767 | +€4,565 | +379% |
| Furniture and vehicles | 24 | €16,674 | €3,497 | -€13,176 | -79.0% |
| Current assets | 29/58 | €210,715 | €147,285 | -€63,429 | -30.1% |
| Amounts receivable after more than one year | 29 | - | €34,911 | +€34,911 | |
| Other amounts receivable | 291 | - | €34,911 | +€34,911 | |
| Amounts receivable within one year | 40/41 | €62,357 | €13,985 | -€48,372 | -77.6% |
| Trade receivables | 40 | €57,147 | €2,624 | -€54,523 | -95.4% |
| Other amounts receivable | 41 | €5,210 | €11,361 | +€6,151 | +118% |
| Cash at bank and in hand | 54/58 | €148,203 | €97,364 | -€50,839 | -34.3% |
| Deferred charges and accrued income | 490/1 | €155 | €1,025 | +€870 | +560% |
| Total equity and liabilities | 10/49 | €233,217 | €160,713 | -€72,504 | -31.1% |
| Equity | 10/15 | €196,341 | €157,058 | -€39,284 | -20.0% |
| Contributions | 10/11 | €185,000 | €185,000 | = | 0.0% |
| Capital | 10 | €185,000 | €185,000 | = | 0.0% |
| Issued capital | 100 | €185,000 | €185,000 | = | 0.0% |
| Reserves | 13 | €18,500 | €18,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,500 | €18,500 | = | 0.0% |
| Legal reserve | 130 | €18,500 | €18,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,159 | -€46,442 | -€39,284 | -549% |
| Amounts payable | 17/49 | €36,875 | €3,655 | -€33,220 | -90.1% |
| Amounts payable within one year | 42/48 | €36,875 | €3,655 | -€33,220 | -90.1% |
| Trade debts | 44 | €26,648 | €3,240 | -€23,408 | -87.8% |
| Suppliers | 440/4 | €26,648 | €3,240 | -€23,408 | -87.8% |
| Taxes, remuneration and social security | 45 | €10,228 | €416 | -€9,812 | -95.9% |
| Taxes | 450/3 | €10,228 | €416 | -€9,812 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,090 | €15,859 | +€769 | +5.1% |
| Other operating charges | 640/8 | €1,035 | €1,822 | +€787 | +76.1% |
| Gross operating margin | 9900 | €3,647 | -€21,383 | -€25,030 | |
| Operating profit (loss) | 9901 | -€12,478 | -€39,064 | -€26,586 | -213% |
| Financial income | 75/76B | €1,626 | €405 | -€1,221 | -75.1% |
| Recurring financial income | 75 | €1,626 | €405 | -€1,221 | -75.1% |
| Financial charges | 65/66B | €200 | €209 | +€9 | +4.7% |
| Recurring financial charges | 65 | €200 | €209 | +€9 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,052 | -€38,868 | -€27,816 | -252% |
| Income taxes | 67/77 | - | €416 | +€416 | |
| Profit (loss) for the period | 9904 | -€11,052 | -€39,284 | -€28,232 | -255% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,052 | -€39,284 | -€28,232 | -255% |
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 20 October 2026 via checked.be.