ALPHACORP: 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.
ALPHACORP
Largest movements
- Cash -€31,264
down €31,264 (-88.7%), from €35,247 to €3,983
mainly Net result for the year (-€32,863) and Receivables within one year (-€5,524)
- Receivables within one year +€5,524
up €5,524 (+24.4%), from €22,633 to €28,157
- Tangible fixed assets -€4,528
down €4,528 (-18.5%), from €24,468 to €19,940
- Equity -€32,863
down €32,863 (-61.9%), from €53,091 to €20,228
of which Profit (loss) carried forward: -€32,863
- Debts within one year +€7,349
up €7,349 (+82.5%), from €8,912 to €16,261
of which Other debts: +€9,617
- Debts after one year -€4,753
down €4,753 (-23.4%), from €20,345 to €15,592
- Gross operating margin -€29,068
down €29,068, from €6,960 to -€22,108
- Financial charges +€1,229
new in 2021: €1,229
- Depreciation +€1,218
up €1,218 (+15.6%), from €7,811 to €9,029
- Other operating charges +€440
new in 2021: €440
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,348 | €52,080 | -€30,268 | -36.8% |
| Fixed assets | 21/28 | €24,468 | €19,940 | -€4,528 | -18.5% |
| Tangible fixed assets | 22/27 | €24,468 | €19,940 | -€4,528 | -18.5% |
| Furniture and vehicles | 24 | - | €19,940 | +€19,940 | |
| Current assets | 29/58 | €57,880 | €32,141 | -€25,739 | -44.5% |
| Amounts receivable within one year | 40/41 | €22,633 | €28,157 | +€5,524 | +24.4% |
| Trade receivables | 40 | - | €28,157 | +€28,157 | |
| Cash at bank and in hand | 54/58 | €35,247 | €3,983 | -€31,264 | -88.7% |
| Total equity and liabilities | 10/49 | €82,348 | €52,080 | -€30,268 | -36.8% |
| Equity | 10/15 | €53,091 | €20,228 | -€32,863 | -61.9% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €36,860 | €36,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | -€2,369 | -€35,232 | -€32,863 | -1,387% |
| Amounts payable | 17/49 | €29,257 | €31,853 | +€2,596 | +8.9% |
| Amounts payable after more than one year | 17 | €20,345 | €15,592 | -€4,753 | -23.4% |
| Financial debts | 170/4 | - | €15,592 | +€15,592 | |
| Amounts payable within one year | 42/48 | €8,912 | €16,261 | +€7,349 | +82.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,753 | +€4,753 | |
| Trade debts | 44 | €1,320 | €17 | -€1,303 | -98.7% |
| Suppliers | 440/4 | - | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | - | €1,873 | +€1,873 | |
| Taxes | 450/3 | - | €1,873 | +€1,873 | |
| Other amounts payable | 47/48 | - | €9,617 | +€9,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,811 | €9,029 | +€1,218 | +15.6% |
| Other operating charges | 640/8 | - | €440 | +€440 | |
| Gross operating margin | 9900 | €6,960 | -€22,108 | -€29,068 | |
| Operating profit (loss) | 9901 | -€1,288 | -€31,577 | -€30,289 | -2,352% |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | - | €1,229 | +€1,229 | |
| Recurring financial charges | 65 | €1,795 | €1,229 | -€566 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,071 | -€32,806 | -€29,735 | -968% |
| Income taxes | 67/77 | €220 | €57 | -€163 | -73.9% |
| Profit (loss) for the period | 9904 | -€3,291 | -€32,863 | -€29,572 | -899% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,291 | -€32,863 | -€29,572 | -899% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.