ALPHALIS: 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.
ALPHALIS
Largest movements
- Receivables within one year -€11,361
down €11,361 (-24.4%), from €46,535 to €35,174
of which Trade receivables: -€26,196
- Cash -€684
down €684 (-13.4%), from €5,122 to €4,438
mainly Net result for the year (-€19,402) and Trade debts (-€4,650)
- Profit (loss) carried forward -€11,313
down €11,313 (-266.1%), from -€4,252 to -€15,565
- Trade debts -€4,650
down €4,650 (-26.0%), from €17,888 to €13,238
- Other debts +€2,647
up €2,647 (+7.3%), from €36,353 to €39,000
- Tax, wage and social debts +€902
up €902 (+452.3%), from €200 to €1,102
- Gross operating margin -€23,599
down €23,599, from €5,935 to -€17,664
- Depreciation -€3,679
down €3,679 (-95.7%), from €3,844 to €166
- Other operating charges +€568
up €568 (+89.7%), from €634 to €1,202
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 | €66,479 | €54,065 | -€12,414 | -18.7% |
| Fixed assets | 21/28 | €6,066 | €5,900 | -€166 | -2.7% |
| Tangible fixed assets | 22/27 | €166 | €0 | -€166 | -100.0% |
| Furniture and vehicles | 24 | €166 | €0 | -€166 | -100.0% |
| Financial fixed assets | 28 | €5,900 | €5,900 | = | 0.0% |
| Current assets | 29/58 | €60,413 | €48,165 | -€12,248 | -20.3% |
| Stocks and contracts in progress | 3 | €8,550 | €8,190 | -€359 | -4.2% |
| Stocks | 30/36 | €8,550 | €8,190 | -€359 | -4.2% |
| Amounts receivable within one year | 40/41 | €46,535 | €35,174 | -€11,361 | -24.4% |
| Trade receivables | 40 | €46,504 | €20,309 | -€26,196 | -56.3% |
| Other amounts receivable | 41 | €31 | €14,865 | +€14,835 | +48447.4% |
| Cash at bank and in hand | 54/58 | €5,122 | €4,438 | -€684 | -13.4% |
| Deferred charges and accrued income | 490/1 | €207 | €363 | +€156 | +75.5% |
| Total equity and liabilities | 10/49 | €66,479 | €54,065 | -€12,414 | -18.7% |
| Equity | 10/15 | €12,038 | €725 | -€11,313 | -94.0% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €5,290 | €5,290 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,250 | €2,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,250 | €2,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,040 | €3,040 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,252 | -€15,565 | -€11,313 | -266.1% |
| Amounts payable | 17/49 | €54,441 | €53,340 | -€1,101 | -2.0% |
| Amounts payable within one year | 42/48 | €54,441 | €53,340 | -€1,101 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €17,888 | €13,238 | -€4,650 | -26.0% |
| Suppliers | 440/4 | €17,888 | €13,238 | -€4,650 | -26.0% |
| Taxes, remuneration and social security | 45 | €200 | €1,102 | +€902 | +452.3% |
| Taxes | 450/3 | €200 | €1,102 | +€902 | +452.3% |
| Other amounts payable | 47/48 | €36,353 | €39,000 | +€2,647 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,844 | €166 | -€3,679 | -95.7% |
| Other operating charges | 640/8 | €634 | €1,202 | +€568 | +89.7% |
| Gross operating margin | 9900 | €5,935 | -€17,664 | -€23,599 | |
| Operating profit (loss) | 9901 | €1,458 | -€19,031 | -€20,489 | |
| Financial income | 75/76B | €33 | €6 | -€27 | -81.1% |
| Recurring financial income | 75 | €33 | €6 | -€27 | -81.1% |
| Financial charges | 65/66B | €463 | €378 | -€85 | -18.4% |
| Recurring financial charges | 65 | €463 | €378 | -€85 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €1,028 | -€19,402 | -€20,431 | |
| Profit (loss) for the period | 9904 | €1,028 | -€19,402 | -€20,431 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,028 | -€19,402 | -€20,431 |
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 3 October 2026 via checked.be.