ALPHABATI: 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.
ALPHABATI
Largest movements
- Tangible fixed assets +€17,952
up €17,952 (+38.7%), from €46,448 to €64,400
of which Furniture and vehicles: +€25,010
- Cash +€16,623
up €16,623 (+310.0%), from €5,363 to €21,986
mainly Net result for the year (+€31,718) and Depreciation (+€12,952)
- Receivables within one year +€3,334
up €3,334 (+26.7%), from €12,478 to €15,812
of which Trade receivables: +€1,993
- Current investments +€2,242
up €2,242 (+2540.9%), from €88 to €2,330
- Deferred charges and accrued income -€1,278
down €1,278 (-32.3%), from €3,956 to €2,678
- Profit (loss) carried forward +€24,575
up €24,575, from -€17,358 to €7,217
- Tax, wage and social debts +€4,685
up €4,685 (+1157.4%), from €405 to €5,090
- Other debts +€3,658
up €3,658 (+18.8%), from €19,503 to €23,162
- Debts after one year +€3,413
up €3,413 (+10.2%), from €33,453 to €36,866
- Current portion of long-term debt +€1,624
up €1,624 (+19.9%), from €8,141 to €9,765
- Gross operating margin +€47,385
up €47,385 (+1173.2%), from €4,039 to €51,424
- Purchases and services +€43,701
up €43,701 (+70.9%), from €61,595 to €105,296
- Depreciation +€9,215
up €9,215 (+246.6%), from €3,737 to €12,952
- Taxes +€2,947
new in 2025: €2,947
- Financial charges +€727
up €727 (+75.5%), from €963 to €1,690
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 | €68,755 | €107,206 | +€38,450 | +55.9% |
| Fixed assets | 21/28 | €46,448 | €64,400 | +€17,952 | +38.7% |
| Tangible fixed assets | 22/27 | €46,448 | €64,400 | +€17,952 | +38.7% |
| Plant, machinery and equipment | 23 | €2,547 | €4,463 | +€1,916 | +75.2% |
| Furniture and vehicles | 24 | €1,356 | €26,367 | +€25,010 | +1843.7% |
| Leasing and similar rights | 25 | €42,544 | €33,570 | -€8,974 | -21.1% |
| Current assets | 29/58 | €22,308 | €42,806 | +€20,498 | +91.9% |
| Stocks and contracts in progress | 3 | €422 | - | -€422 | |
| Stocks | 30/36 | €422 | - | -€422 | |
| Amounts receivable within one year | 40/41 | €12,478 | €15,812 | +€3,334 | +26.7% |
| Trade receivables | 40 | €11,078 | €13,071 | +€1,993 | +18.0% |
| Other amounts receivable | 41 | €1,400 | €2,741 | +€1,341 | +95.8% |
| Current investments | 50/53 | €88 | €2,330 | +€2,242 | +2540.9% |
| Cash at bank and in hand | 54/58 | €5,363 | €21,986 | +€16,623 | +310.0% |
| Deferred charges and accrued income | 490/1 | €3,956 | €2,678 | -€1,278 | -32.3% |
| Total equity and liabilities | 10/49 | €68,755 | €107,206 | +€38,450 | +55.9% |
| Equity | 10/15 | €5,602 | €30,177 | +€24,575 | +438.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,360 | €4,360 | = | 0.0% |
| Distributable reserves | 133 | €4,360 | €4,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,358 | €7,217 | +€24,575 | |
| Amounts payable | 17/49 | €63,154 | €77,029 | +€13,875 | +22.0% |
| Amounts payable after more than one year | 17 | €33,453 | €36,866 | +€3,413 | +10.2% |
| Financial debts | 170/4 | €33,453 | €36,866 | +€3,413 | +10.2% |
| Amounts payable within one year | 42/48 | €29,701 | €40,162 | +€10,462 | +35.2% |
| Current portion of amounts payable after more than one year | 42 | €8,141 | €9,765 | +€1,624 | +19.9% |
| Trade debts | 44 | €1,652 | €2,147 | +€495 | +30.0% |
| Suppliers | 440/4 | €1,652 | €2,147 | +€495 | +30.0% |
| Taxes, remuneration and social security | 45 | €405 | €5,090 | +€4,685 | +1157.4% |
| Taxes | 450/3 | €405 | €5,090 | +€4,685 | +1157.4% |
| Other amounts payable | 47/48 | €19,503 | €23,162 | +€3,658 | +18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,595 | €105,296 | +€43,701 | +70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,737 | €12,952 | +€9,215 | +246.6% |
| Other operating charges | 640/8 | €2,047 | €2,130 | +€83 | +4.1% |
| Gross operating margin | 9900 | €4,039 | €51,424 | +€47,385 | +1173.2% |
| Operating profit (loss) | 9901 | -€1,745 | €36,342 | +€38,087 | |
| Financial income | 75/76B | €45 | €14 | -€31 | -69.1% |
| Recurring financial income | 75 | €45 | €14 | -€31 | -69.1% |
| Financial charges | 65/66B | €963 | €1,690 | +€727 | +75.5% |
| Recurring financial charges | 65 | €963 | €1,690 | +€727 | +75.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,663 | €34,665 | +€37,329 | |
| Income taxes | 67/77 | - | €2,947 | +€2,947 | |
| Profit (loss) for the period | 9904 | -€2,663 | €31,718 | +€34,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,663 | €31,718 | +€34,382 |
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 6 October 2026 via checked.be.