Alpha Wallonie Groupe: what changed
Alpha Wallonie Groupe
Largest movements
- Receivables within one year +€251,736
up €251,736 (+2,517%), from €10,000 to €261,736
of which Other amounts receivable: +€251,439
- Cash +€17,280
up €17,280 (+129%), from €13,398 to €30,678
mainly Other debts (+€278,931) and Trade debts (+€3,224)
- Financial fixed assets +€5,000
new in 2025: €5,000
- Other debts +€278,931
new in 2025: €278,931
- Profit (loss) carried forward -€7,522
down €7,522 (-64.8%), from -€11,602 to -€19,124
- Trade debts +€3,224
new in 2025: €3,224
- Gross operating margin -€3,013
down €3,013 (-124%), from -€2,426 to -€5,440
- Depreciation +€1,630
new in 2025: €1,630
- Financial charges -€61
down €61 (-53.9%), from €114 to €52
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,398 | €298,032 | +€274,634 | +1,174% |
| Fixed assets | 21/28 | - | €5,000 | +€5,000 | |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €23,398 | €293,032 | +€269,634 | +1,152% |
| Amounts receivable within one year | 40/41 | €10,000 | €261,736 | +€251,736 | +2,517% |
| Trade receivables | 40 | - | €297 | +€297 | |
| Other amounts receivable | 41 | €10,000 | €261,439 | +€251,439 | +2,514% |
| Cash at bank and in hand | 54/58 | €13,398 | €30,678 | +€17,280 | +129% |
| Deferred charges and accrued income | 490/1 | - | €618 | +€618 | |
| Total equity and liabilities | 10/49 | €23,398 | €298,032 | +€274,634 | +1,174% |
| Equity | 10/15 | €23,398 | €15,876 | -€7,522 | -32.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,602 | -€19,124 | -€7,522 | -64.8% |
| Amounts payable | 17/49 | - | €282,156 | +€282,156 | |
| Amounts payable within one year | 42/48 | - | €282,156 | +€282,156 | |
| Trade debts | 44 | - | €3,224 | +€3,224 | |
| Suppliers | 440/4 | - | €3,224 | +€3,224 | |
| Other amounts payable | 47/48 | - | €278,931 | +€278,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,630 | +€1,630 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,426 | -€5,440 | -€3,013 | -124% |
| Operating profit (loss) | 9901 | -€2,814 | -€7,469 | -€4,656 | -165% |
| Financial charges | 65/66B | €114 | €52 | -€61 | -53.9% |
| Recurring financial charges | 65 | €114 | €52 | -€61 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,927 | -€7,522 | -€4,594 | -157% |
| Profit (loss) for the period | 9904 | -€2,927 | -€7,522 | -€4,594 | -157% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,927 | -€7,522 | -€4,594 | -157% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.