AlphaCert: what changed
Two financial 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.
AlphaCert
Largest movements
- Receivables within one year +€11,986
up €11,986 (+59.9%), from €20,002 to €31,988
of which Trade receivables: +€12,237
- Cash -€8,578
down €8,578 (-15.7%), from €54,546 to €45,968
mainly Receivables within one year (-€11,986) and Other debts (-€8,260)
- Profit (loss) carried forward +€8,972
up €8,972 (+54.9%), from -€16,332 to -€7,361
- Other debts -€8,260
down €8,260 (-13.7%), from €60,402 to €52,142
- Tax, wage and social debts +€2,246
up €2,246 (+112%), from €2,009 to €4,255
- Purchases and services -€34,453
no longer reported in 2025 (was €34,453)
- Turnover -€28,469
no longer reported in 2025 (was €28,469)
- Gross operating margin +€19,444
up €19,444, from -€5,984 to €13,460
- Write-downs +€3,150
new in 2025: €3,150
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.
Derived cash bridge
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 | €76,315 | €79,133 | +€2,818 | +3.7% |
| Fixed assets | 21/28 | €1,767 | €1,177 | -€590 | -33.4% |
| Tangible fixed assets | 22/27 | €1,767 | €1,177 | -€590 | -33.4% |
| Plant, machinery and equipment | 23 | €1,767 | €1,177 | -€590 | -33.4% |
| Current assets | 29/58 | €74,548 | €77,956 | +€3,408 | +4.6% |
| Amounts receivable within one year | 40/41 | €20,002 | €31,988 | +€11,986 | +59.9% |
| Trade receivables | 40 | €19,751 | €31,988 | +€12,237 | +62.0% |
| Other amounts receivable | 41 | €251 | - | -€251 | |
| Cash at bank and in hand | 54/58 | €54,546 | €45,968 | -€8,578 | -15.7% |
| Total equity and liabilities | 10/49 | €76,315 | €79,133 | +€2,818 | +3.7% |
| Equity | 10/15 | €12,928 | €21,900 | +€8,972 | +69.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,660 | €10,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,800 | €8,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,332 | -€7,361 | +€8,972 | +54.9% |
| Amounts payable | 17/49 | €63,387 | €57,234 | -€6,153 | -9.7% |
| Amounts payable within one year | 42/48 | €63,387 | €57,234 | -€6,153 | -9.7% |
| Trade debts | 44 | €976 | €837 | -€139 | -14.3% |
| Suppliers | 440/4 | €976 | €837 | -€139 | -14.3% |
| Taxes, remuneration and social security | 45 | €2,009 | €4,255 | +€2,246 | +112% |
| Taxes | 450/3 | €2,009 | €4,255 | +€2,246 | +112% |
| Other amounts payable | 47/48 | €60,402 | €52,142 | -€8,260 | -13.7% |
| Turnover | 70 | €28,469 | - | -€28,469 | |
| Goods, raw materials, services and sundry goods | 60/61 | €34,453 | - | -€34,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590 | €590 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,150 | +€3,150 | |
| Other operating charges | 640/8 | €414 | €618 | +€204 | +49.4% |
| Gross operating margin | 9900 | -€5,984 | €13,460 | +€19,444 | |
| Operating profit (loss) | 9901 | -€6,988 | €9,102 | +€16,090 | |
| Financial income | 75/76B | €7 | €9 | +€2 | +21.9% |
| Recurring financial income | 75 | €7 | €9 | +€2 | +21.9% |
| Financial charges | 65/66B | €166 | €138 | -€28 | -16.7% |
| Recurring financial charges | 65 | €166 | €138 | -€28 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,147 | €8,972 | +€16,119 | |
| Profit (loss) for the period | 9904 | -€7,147 | €8,972 | +€16,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,147 | €8,972 | +€16,119 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.