ALPHA SANO: 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 SANO
Largest movements
- Cash +€51,030
up €51,030 (+53.6%), from €95,186 to €146,216
mainly Net result for the year (+€52,213) and Receivables within one year (+€35,856)
- Receivables within one year -€35,856
down €35,856 (-44.1%), from €81,234 to €45,378
of which Trade receivables: -€37,456
- Tangible fixed assets -€7,972
down €7,972 (-18.1%), from €43,983 to €36,011
of which Furniture and vehicles: -€9,608
- Profit (loss) carried forward +€34,513
up €34,513 (+46.3%), from €74,569 to €109,082
- Reserves -€16,342
down €16,342 (-100.0%), from €16,342 to €0
of which Distributable reserves: -€16,342
- Contributions -€12,643
down €12,643 (-61.8%), from €20,460 to €7,817
- Other debts +€10,772
up €10,772 (+25.3%), from €42,528 to €53,300
- Debts after one year -€8,377
down €8,377 (-28.7%), from €29,146 to €20,769
- Gross operating margin -€13,625
down €13,625 (-14.3%), from €95,413 to €81,788
- Depreciation +€1,705
up €1,705 (+19.7%), from €8,668 to €10,373
- Taxes -€1,518
down €1,518 (-8.6%), from €17,730 to €16,212
- Other operating charges +€1,000
up €1,000 (+81.3%), from €1,230 to €2,230
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 | €221,273 | €227,819 | +€6,546 | +3.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €43,983 | €36,011 | -€7,972 | -18.1% |
| Tangible fixed assets | 22/27 | €43,983 | €36,011 | -€7,972 | -18.1% |
| Furniture and vehicles | 24 | €41,745 | €32,137 | -€9,608 | -23.0% |
| Other tangible fixed assets | 26 | €2,238 | €3,874 | +€1,636 | +73.1% |
| Current assets | 29/58 | €177,290 | €191,808 | +€14,518 | +8.2% |
| Amounts receivable within one year | 40/41 | €81,234 | €45,378 | -€35,856 | -44.1% |
| Trade receivables | 40 | €78,984 | €41,528 | -€37,456 | -47.4% |
| Other amounts receivable | 41 | €2,250 | €3,850 | +€1,600 | +71.1% |
| Cash at bank and in hand | 54/58 | €95,186 | €146,216 | +€51,030 | +53.6% |
| Deferred charges and accrued income | 490/1 | €870 | €214 | -€656 | -75.4% |
| Total equity and liabilities | 10/49 | €221,273 | €227,819 | +€6,546 | +3.0% |
| Equity | 10/15 | €111,371 | €116,899 | +€5,528 | +5.0% |
| Contributions | 10/11 | €20,460 | €7,817 | -€12,643 | -61.8% |
| Reserves | 13 | €16,342 | €0 | -€16,342 | -100.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €16,342 | - | -€16,342 | |
| Profit (loss) carried forward | 14 | €74,569 | €109,082 | +€34,513 | +46.3% |
| Amounts payable | 17/49 | €109,902 | €110,920 | +€1,018 | +0.9% |
| Amounts payable after more than one year | 17 | €29,146 | €20,769 | -€8,377 | -28.7% |
| Financial debts | 170/4 | €29,146 | €20,769 | -€8,377 | -28.7% |
| Amounts payable within one year | 42/48 | €80,707 | €90,151 | +€9,444 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €8,079 | €8,377 | +€298 | +3.7% |
| Trade debts | 44 | €10,186 | €11,060 | +€874 | +8.6% |
| Suppliers | 440/4 | €10,186 | €11,060 | +€874 | +8.6% |
| Taxes, remuneration and social security | 45 | €19,914 | €17,414 | -€2,500 | -12.6% |
| Taxes | 450/3 | €19,914 | €17,414 | -€2,500 | -12.6% |
| Other amounts payable | 47/48 | €42,528 | €53,300 | +€10,772 | +25.3% |
| Accrued charges and deferred income | 492/3 | €49 | - | -€49 | |
| Remuneration, social security and pensions | 62 | €261 | €72 | -€189 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,668 | €10,373 | +€1,705 | +19.7% |
| Other operating charges | 640/8 | €1,230 | €2,230 | +€1,000 | +81.3% |
| Gross operating margin | 9900 | €95,413 | €81,788 | -€13,625 | -14.3% |
| Operating profit (loss) | 9901 | €85,254 | €69,113 | -€16,141 | -18.9% |
| Financial income | 75/76B | €578 | €705 | +€127 | +22.0% |
| Recurring financial income | 75 | €578 | €705 | +€127 | +22.0% |
| Financial charges | 65/66B | €1,509 | €1,393 | -€116 | -7.7% |
| Recurring financial charges | 65 | €1,509 | €1,393 | -€116 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €84,323 | €68,425 | -€15,898 | -18.9% |
| Income taxes | 67/77 | €17,730 | €16,212 | -€1,518 | -8.6% |
| Profit (loss) for the period | 9904 | €66,593 | €52,213 | -€14,380 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,593 | €52,213 | -€14,380 | -21.6% |
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 9 October 2026 via checked.be.