ALPHAECOSERV: 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.
ALPHAECOSERV
Largest movements
- Receivables within one year -€245,001
down €245,001 (-88.9%), from €275,534 to €30,533
of which Trade receivables: -€174,459
- Cash +€21,108
up €21,108, from €0 to €21,108
mainly Receivables within one year (+€245,001) and Current portion of long-term debt (+€6,246)
- Trade debts -€100,798
down €100,798 (-78.8%), from €127,859 to €27,061
of which Suppliers: -€86,124
- Tax, wage and social debts -€51,955
down €51,955 (-90.0%), from €57,712 to €5,757
of which Remuneration and social security: -€26,170
- Debts after one year -€43,459
down €43,459 (-30.0%), from €144,864 to €101,405
- Other debts -€17,369
down €17,369 (-100.0%), from €17,369 to €0
- Profit (loss) carried forward -€16,654
down €16,654 (-15.6%), from €106,481 to €89,826
- Turnover -€148,273
down €148,273 (-25.9%), from €573,002 to €424,729
- Gross operating margin -€109,085
down €109,085 (-64.2%), from €169,897 to €60,812
- Purchases and services -€93,090
down €93,090 (-20.4%), from €457,006 to €363,916
- Staff costs -€27,883
down €27,883 (-39.9%), from €69,936 to €42,053
- Depreciation -€18,592
down €18,592 (-99.5%), from €18,688 to €96
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €650,630 | €426,641 | -€223,989 | -34.4% |
| Fixed assets | 21/28 | €375,096 | €375,000 | -€96 | 0.0% |
| Tangible fixed assets | 22/27 | €96 | - | -€96 | |
| Furniture and vehicles | 24 | €96 | - | -€96 | |
| Financial fixed assets | 28 | €375,000 | €375,000 | = | 0.0% |
| Current assets | 29/58 | €275,534 | €51,641 | -€223,893 | -81.3% |
| Amounts receivable within one year | 40/41 | €275,534 | €30,533 | -€245,001 | -88.9% |
| Trade receivables | 40 | €199,555 | €25,096 | -€174,459 | -87.4% |
| Other amounts receivable | 41 | €75,980 | €5,437 | -€70,542 | -92.8% |
| Cash at bank and in hand | 54/58 | €0 | €21,108 | +€21,108 | |
| Total equity and liabilities | 10/49 | €650,630 | €426,641 | -€223,989 | -34.4% |
| Equity | 10/15 | €292,481 | €275,826 | -€16,654 | -5.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €166,000 | €166,000 | = | 0.0% |
| Distributable reserves | 133 | €166,000 | €166,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,481 | €89,826 | -€16,654 | -15.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €358,149 | €150,815 | -€207,334 | -57.9% |
| Amounts payable after more than one year | 17 | €144,864 | €101,405 | -€43,459 | -30.0% |
| Financial debts | 170/4 | €144,864 | €101,405 | -€43,459 | -30.0% |
| Amounts payable within one year | 42/48 | €213,285 | €49,410 | -€163,876 | -76.8% |
| Current portion of amounts payable after more than one year | 42 | €10,346 | €16,592 | +€6,246 | +60.4% |
| Trade debts | 44 | €127,859 | €27,061 | -€100,798 | -78.8% |
| Suppliers | 440/4 | €113,184 | €27,061 | -€86,124 | -76.1% |
| Bills of exchange payable | 441 | €14,675 | €0 | -€14,675 | -100.0% |
| Taxes, remuneration and social security | 45 | €57,712 | €5,757 | -€51,955 | -90.0% |
| Taxes | 450/3 | €31,505 | €5,720 | -€25,785 | -81.8% |
| Remuneration and social security | 454/9 | €26,206 | €37 | -€26,170 | -99.9% |
| Other amounts payable | 47/48 | €17,369 | €0 | -€17,369 | -100.0% |
| Turnover | 70 | €573,002 | €424,729 | -€148,273 | -25.9% |
| Non-recurring operating income | 76A | €44,690 | - | -€44,690 | |
| Goods, raw materials, services and sundry goods | 60/61 | €457,006 | €363,916 | -€93,090 | -20.4% |
| Remuneration, social security and pensions | 62 | €69,936 | €42,053 | -€27,883 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,688 | €96 | -€18,592 | -99.5% |
| Other operating charges | 640/8 | €384 | €0 | -€384 | -100.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €169,897 | €60,812 | -€109,085 | -64.2% |
| Operating profit (loss) | 9901 | €80,889 | €18,664 | -€62,226 | -76.9% |
| Financial income | 75/76B | - | €1,480 | +€1,480 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €1,480 | +€1,480 | |
| Financial charges | 65/66B | €18,310 | €4,772 | -€13,539 | -73.9% |
| Recurring financial charges | 65 | €18,310 | €4,772 | -€13,539 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €62,579 | €15,372 | -€47,207 | -75.4% |
| Income taxes | 67/77 | €15,964 | €32,027 | +€16,063 | +100.6% |
| Profit (loss) for the period | 9904 | €46,615 | -€16,654 | -€63,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,615 | -€16,654 | -€63,269 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.