ALPHA SOLAR SECURITY: 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 SOLAR SECURITY
Largest movements
- Receivables within one year +€33,731
up €33,731 (+61.7%), from €54,659 to €88,391
of which Trade receivables: +€32,167
- Cash -€18,573
down €18,573 (-42.8%), from €43,361 to €24,788
mainly Receivables within one year (-€33,731) and Stocks and contracts (-€16,579)
- Stocks and contracts +€16,579
up €16,579 (+36.2%), from €45,846 to €62,425
of which Contracts in progress: +€31,000
- Tangible fixed assets -€4,845
down €4,845 (-31.2%), from €15,550 to €10,705
- Trade debts +€25,666
up €25,666 (+99.8%), from €25,721 to €51,387
- Tax, wage and social debts +€5,501
up €5,501 (+43.5%), from €12,632 to €18,133
of which Remuneration and social security: +€3,739
- Debts after one year -€5,114
down €5,114 (-56.8%), from €9,008 to €3,893
- Profit (loss) carried forward +€2,578
up €2,578 (+2.9%), from €89,729 to €92,307
- Gross operating margin +€22,998
up €22,998 (+55.3%), from €41,598 to €64,597
- Staff costs -€5,364
down €5,364 (-9.2%), from €58,462 to €53,098
- Depreciation -€940
down €940 (-13.8%), from €6,804 to €5,864
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 | €163,226 | €191,849 | +€28,623 | +17.5% |
| Fixed assets | 21/28 | €15,679 | €10,834 | -€4,845 | -30.9% |
| Tangible fixed assets | 22/27 | €15,550 | €10,705 | -€4,845 | -31.2% |
| Furniture and vehicles | 24 | €15,550 | €10,705 | -€4,845 | -31.2% |
| Financial fixed assets | 28 | €129 | €129 | = | 0.0% |
| Current assets | 29/58 | €147,547 | €181,015 | +€33,468 | +22.7% |
| Stocks and contracts in progress | 3 | €45,846 | €62,425 | +€16,579 | +36.2% |
| Stocks | 30/36 | €45,846 | €31,425 | -€14,421 | -31.5% |
| Contracts in progress | 37 | - | €31,000 | +€31,000 | |
| Amounts receivable within one year | 40/41 | €54,659 | €88,391 | +€33,731 | +61.7% |
| Trade receivables | 40 | €51,340 | €83,507 | +€32,167 | +62.7% |
| Other amounts receivable | 41 | €3,320 | €4,884 | +€1,564 | +47.1% |
| Cash at bank and in hand | 54/58 | €43,361 | €24,788 | -€18,573 | -42.8% |
| Deferred charges and accrued income | 490/1 | €3,680 | €5,411 | +€1,731 | +47.0% |
| Total equity and liabilities | 10/49 | €163,226 | €191,849 | +€28,623 | +17.5% |
| Equity | 10/15 | €110,629 | €113,207 | +€2,578 | +2.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,729 | €92,307 | +€2,578 | +2.9% |
| Amounts payable | 17/49 | €52,597 | €78,641 | +€26,045 | +49.5% |
| Amounts payable after more than one year | 17 | €9,008 | €3,893 | -€5,114 | -56.8% |
| Financial debts | 170/4 | €9,008 | €3,893 | -€5,114 | -56.8% |
| Amounts payable within one year | 42/48 | €43,589 | €74,748 | +€31,159 | +71.5% |
| Current portion of amounts payable after more than one year | 42 | €5,228 | €5,228 | = | 0.0% |
| Trade debts | 44 | €25,721 | €51,387 | +€25,666 | +99.8% |
| Suppliers | 440/4 | €25,721 | €51,387 | +€25,666 | +99.8% |
| Taxes, remuneration and social security | 45 | €12,632 | €18,133 | +€5,501 | +43.5% |
| Taxes | 450/3 | €1,983 | €3,744 | +€1,762 | +88.9% |
| Remuneration and social security | 454/9 | €10,649 | €14,388 | +€3,739 | +35.1% |
| Other amounts payable | 47/48 | €8 | - | -€8 | |
| Remuneration, social security and pensions | 62 | €58,462 | €53,098 | -€5,364 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,804 | €5,864 | -€940 | -13.8% |
| Other operating charges | 640/8 | €2,281 | €2,283 | +€2 | +0.1% |
| Non-recurring operating charges | 66A | - | €695 | +€695 | |
| Gross operating margin | 9900 | €41,598 | €64,597 | +€22,998 | +55.3% |
| Operating profit (loss) | 9901 | -€25,949 | €2,656 | +€28,605 | |
| Financial income | 75/76B | - | €230 | +€230 | |
| Recurring financial income | 75 | - | €230 | +€230 | |
| Financial charges | 65/66B | €530 | €381 | -€149 | -28.1% |
| Recurring financial charges | 65 | €530 | €381 | -€149 | -28.1% |
| Profit (loss) for the period before taxes | 9903 | -€26,479 | €2,505 | +€28,984 | |
| Income taxes | 67/77 | €81 | -€73 | -€154 | |
| Profit (loss) for the period | 9904 | -€26,560 | €2,578 | +€29,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,560 | €2,578 | +€29,138 |
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.