ALPHA TS: 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 TS
Largest movements
- Deferred charges and accrued income +€167,706
up €167,706 (+108.0%), from €155,264 to €322,970
- Receivables within one year -€112,808
down €112,808 (-44.1%), from €255,944 to €143,136
of which Other amounts receivable: -€106,993
- Cash +€48,791
up €48,791 (+216.7%), from €22,519 to €71,310
mainly Receivables within one year (+€112,808) and Tax, wage and social debts (+€50,439)
- Tangible fixed assets -€7,500
down €7,500 (-28.8%), from €26,014 to €18,514
of which Leasing and similar rights: -€5,916
- Tax, wage and social debts +€50,439
up €50,439 (+22.5%), from €223,919 to €274,358
of which Taxes: +€50,806
- Trade debts +€24,133
new in 2024: €24,133
- Other debts +€22,800
up €22,800 (+2280.0%), from €1,000 to €23,800
- Gross operating margin +€270,690
up €270,690 (+15.9%), from €1.7m to €2.0m
- Staff costs +€258,317
up €258,317 (+15.6%), from €1.7m to €1.9m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,741 | €555,930 | +€96,189 | +20.9% |
| Fixed assets | 21/28 | €26,014 | €18,514 | -€7,500 | -28.8% |
| Tangible fixed assets | 22/27 | €26,014 | €18,514 | -€7,500 | -28.8% |
| Furniture and vehicles | 24 | €11,225 | €9,641 | -€1,584 | -14.1% |
| Leasing and similar rights | 25 | €14,789 | €8,873 | -€5,916 | -40.0% |
| Current assets | 29/58 | €433,727 | €537,416 | +€103,689 | +23.9% |
| Amounts receivable within one year | 40/41 | €255,944 | €143,136 | -€112,808 | -44.1% |
| Trade receivables | 40 | €101,625 | €95,810 | -€5,815 | -5.7% |
| Other amounts receivable | 41 | €154,319 | €47,326 | -€106,993 | -69.3% |
| Cash at bank and in hand | 54/58 | €22,519 | €71,310 | +€48,791 | +216.7% |
| Deferred charges and accrued income | 490/1 | €155,264 | €322,970 | +€167,706 | +108.0% |
| Total equity and liabilities | 10/49 | €459,741 | €555,930 | +€96,189 | +20.9% |
| Equity | 10/15 | €171,943 | €175,656 | +€3,713 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,883 | €167,596 | +€3,713 | +2.3% |
| Amounts payable | 17/49 | €287,798 | €380,274 | +€92,476 | +32.1% |
| Amounts payable within one year | 42/48 | €287,798 | €380,274 | +€92,476 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €32,879 | €27,983 | -€4,896 | -14.9% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | - | €24,133 | +€24,133 | |
| Suppliers | 440/4 | - | €24,133 | +€24,133 | |
| Taxes, remuneration and social security | 45 | €223,919 | €274,358 | +€50,439 | +22.5% |
| Taxes | 450/3 | €80,781 | €131,587 | +€50,806 | +62.9% |
| Remuneration and social security | 454/9 | €143,138 | €142,771 | -€367 | -0.3% |
| Other amounts payable | 47/48 | €1,000 | €23,800 | +€22,800 | +2280.0% |
| Remuneration, social security and pensions | 62 | €1,656,232 | €1,914,549 | +€258,317 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,182 | €9,217 | +€1,035 | +12.6% |
| Other operating charges | 640/8 | €1,814 | €274 | -€1,540 | -84.9% |
| Gross operating margin | 9900 | €1,707,417 | €1,978,107 | +€270,690 | +15.9% |
| Operating profit (loss) | 9901 | €41,189 | €54,067 | +€12,878 | +31.3% |
| Financial income | 75/76B | €6,580 | €6,044 | -€536 | -8.1% |
| Recurring financial income | 75 | €6,580 | €6,044 | -€536 | -8.1% |
| Financial charges | 65/66B | €5,607 | €2,862 | -€2,745 | -49.0% |
| Recurring financial charges | 65 | €5,607 | €2,862 | -€2,745 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €42,162 | €57,249 | +€15,087 | +35.8% |
| Income taxes | 67/77 | €19,482 | €19,536 | +€54 | +0.3% |
| Profit (loss) for the period | 9904 | €22,680 | €37,713 | +€15,033 | +66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,680 | €37,713 | +€15,033 | +66.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.