ALPHADIA: 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.
ALPHADIA
Largest movements
- Stocks and contracts +€295,334
up €295,334 (+332.0%), from €88,950 to €384,283
- Cash +€154,770
up €154,770 (+264.8%), from €58,455 to €213,226
mainly Net result for the year (+€330,737) and Receivables within one year (+€84,931)
- Receivables within one year -€84,931
down €84,931 (-12.5%), from €677,529 to €592,597
of which Other amounts receivable: -€152,577
- Tangible fixed assets -€16,107
down €16,107 (-87.9%), from €18,322 to €2,216
of which Assets under construction and advance payments: -€13,812
- Intangible fixed assets +€12,377
up €12,377 (+313.6%), from €3,947 to €16,324
- Profit (loss) carried forward +€280,737
up €280,737 (+131.4%), from €213,697 to €494,435
- Trade debts +€68,730
up €68,730 (+19.3%), from €355,422 to €424,152
- Tax, wage and social debts +€34,387
up €34,387 (+35.7%), from €96,384 to €130,771
of which Taxes: +€54,222
- Other debts -€20,000
down €20,000 (-22.2%), from €90,000 to €70,000
- Gross operating margin +€279,565
up €279,565 (+45.7%), from €612,241 to €891,806
- Taxes +€60,790
up €60,790 (+109.8%), from €55,362 to €116,152
- Staff costs +€41,132
up €41,132 (+10.8%), from €379,952 to €421,084
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €859,731 | €1,222,288 | +€362,557 | +42.2% |
| Fixed assets | 21/28 | €27,922 | €24,442 | -€3,480 | -12.5% |
| Intangible fixed assets | 21 | €3,947 | €16,324 | +€12,377 | +313.6% |
| Tangible fixed assets | 22/27 | €18,322 | €2,216 | -€16,107 | -87.9% |
| Furniture and vehicles | 24 | €4,510 | €2,216 | -€2,294 | -50.9% |
| Assets under construction and advance payments | 27 | €13,812 | - | -€13,812 | |
| Financial fixed assets | 28 | €5,653 | €5,903 | +€250 | +4.4% |
| Current assets | 29/58 | €831,809 | €1,197,845 | +€366,036 | +44.0% |
| Stocks and contracts in progress | 3 | €88,950 | €384,283 | +€295,334 | +332.0% |
| Stocks | 30/36 | €88,950 | €384,283 | +€295,334 | +332.0% |
| Amounts receivable within one year | 40/41 | €677,529 | €592,597 | -€84,931 | -12.5% |
| Trade receivables | 40 | €429,664 | €497,309 | +€67,646 | +15.7% |
| Other amounts receivable | 41 | €247,865 | €95,288 | -€152,577 | -61.6% |
| Cash at bank and in hand | 54/58 | €58,455 | €213,226 | +€154,770 | +264.8% |
| Deferred charges and accrued income | 490/1 | €6,875 | €7,739 | +€864 | +12.6% |
| Total equity and liabilities | 10/49 | €859,731 | €1,222,288 | +€362,557 | +42.2% |
| Equity | 10/15 | €281,897 | €562,635 | +€280,737 | +99.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,697 | €494,435 | +€280,737 | +131.4% |
| Amounts payable | 17/49 | €577,834 | €659,653 | +€81,819 | +14.2% |
| Amounts payable after more than one year | 17 | €1,309 | - | -€1,309 | |
| Financial debts | 170/4 | €1,309 | - | -€1,309 | |
| Amounts payable within one year | 42/48 | €575,873 | €659,653 | +€83,780 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €1,674 | €1,309 | -€365 | -21.8% |
| Financial debts | 43 | €32,392 | €33,421 | +€1,029 | +3.2% |
| Credit institutions | 430/8 | €32,392 | €33,421 | +€1,029 | +3.2% |
| Trade debts | 44 | €355,422 | €424,152 | +€68,730 | +19.3% |
| Suppliers | 440/4 | €355,422 | €424,152 | +€68,730 | +19.3% |
| Taxes, remuneration and social security | 45 | €96,384 | €130,771 | +€34,387 | +35.7% |
| Taxes | 450/3 | €23,716 | €77,938 | +€54,222 | +228.6% |
| Remuneration and social security | 454/9 | €72,668 | €52,833 | -€19,835 | -27.3% |
| Other amounts payable | 47/48 | €90,000 | €70,000 | -€20,000 | -22.2% |
| Accrued charges and deferred income | 492/3 | €652 | - | -€652 | |
| Remuneration, social security and pensions | 62 | €379,952 | €421,084 | +€41,132 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,829 | €3,730 | +€900 | +31.8% |
| Other operating charges | 640/8 | €752 | €458 | -€295 | -39.2% |
| Gross operating margin | 9900 | €612,241 | €891,806 | +€279,565 | +45.7% |
| Operating profit (loss) | 9901 | €228,707 | €466,535 | +€237,827 | +104.0% |
| Financial income | 75/76B | €663 | €169 | -€494 | -74.5% |
| Recurring financial income | 75 | €663 | €169 | -€494 | -74.5% |
| Financial charges | 65/66B | €20,554 | €19,814 | -€740 | -3.6% |
| Recurring financial charges | 65 | €20,554 | €19,814 | -€740 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €208,816 | €446,889 | +€238,074 | +114.0% |
| Income taxes | 67/77 | €55,362 | €116,152 | +€60,790 | +109.8% |
| Profit (loss) for the period | 9904 | €153,453 | €330,737 | +€177,284 | +115.5% |
| Profit (loss) for the period to be appropriated | 9905 | €153,453 | €330,737 | +€177,284 | +115.5% |
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 5 October 2026 via checked.be.