ALPHALOGIC: 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.
ALPHALOGIC
Largest movements
- Cash -€17,722
down €17,722 (-29.0%), from €61,162 to €43,440
mainly Net result for the year (-€16,099) and Receivables within one year (-€5,736)
- Receivables within one year +€5,736
up €5,736 (+10.1%), from €56,546 to €62,282
of which Trade receivables: +€6,365
- Stocks and contracts -€1,785
down €1,785 (-16.1%), from €11,108 to €9,323
- Profit (loss) carried forward -€16,099
down €16,099 (-64.2%), from €25,071 to €8,972
- Tax, wage and social debts +€2,337
up €2,337 (+159.7%), from €1,463 to €3,800
- Gross operating margin -€30,023
down €30,023, from €15,493 to -€14,530
- Taxes -€2,493
down €2,493 (-94.7%), from €2,632 to €139
- Write-downs +€379
no longer reported in 2025 (was -€379)
- Financial income +€307
up €307 (+1358.5%), from €23 to €330
- Financial charges -€288
down €288 (-84.1%), from €342 to €54
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.
Cash bridge derived
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 | €131,621 | €117,140 | -€14,481 | -11.0% |
| Fixed assets | 21/28 | €2,383 | €1,643 | -€740 | -31.1% |
| Tangible fixed assets | 22/27 | €2,262 | €1,522 | -€740 | -32.7% |
| Plant, machinery and equipment | 23 | €1,913 | €1,495 | -€418 | -21.9% |
| Furniture and vehicles | 24 | €349 | €27 | -€322 | -92.3% |
| Financial fixed assets | 28 | €121 | €121 | = | 0.0% |
| Current assets | 29/58 | €129,237 | €115,497 | -€13,741 | -10.6% |
| Stocks and contracts in progress | 3 | €11,108 | €9,323 | -€1,785 | -16.1% |
| Stocks | 30/36 | €11,108 | €9,323 | -€1,785 | -16.1% |
| Amounts receivable within one year | 40/41 | €56,546 | €62,282 | +€5,736 | +10.1% |
| Trade receivables | 40 | €25,247 | €31,612 | +€6,365 | +25.2% |
| Other amounts receivable | 41 | €31,298 | €30,669 | -€629 | -2.0% |
| Cash at bank and in hand | 54/58 | €61,162 | €43,440 | -€17,722 | -29.0% |
| Deferred charges and accrued income | 490/1 | €422 | €452 | +€30 | +7.2% |
| Total equity and liabilities | 10/49 | €131,621 | €117,140 | -€14,481 | -11.0% |
| Equity | 10/15 | €117,087 | €100,988 | -€16,099 | -13.7% |
| Contributions | 10/11 | €76,847 | €76,847 | = | 0.0% |
| Capital | 10 | €76,847 | €76,847 | = | 0.0% |
| Issued capital | 100 | €76,847 | €76,847 | = | 0.0% |
| Reserves | 13 | €15,169 | €15,169 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,685 | €7,685 | = | 0.0% |
| Legal reserve | 130 | €7,685 | €7,685 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,741 | €3,741 | = | 0.0% |
| Distributable reserves | 133 | €3,742 | €3,742 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,071 | €8,972 | -€16,099 | -64.2% |
| Amounts payable | 17/49 | €14,534 | €16,153 | +€1,619 | +11.1% |
| Amounts payable within one year | 42/48 | €14,458 | €15,924 | +€1,466 | +10.1% |
| Trade debts | 44 | €12,995 | €12,124 | -€871 | -6.7% |
| Suppliers | 440/4 | €12,995 | €12,124 | -€871 | -6.7% |
| Taxes, remuneration and social security | 45 | €1,463 | €3,800 | +€2,337 | +159.7% |
| Taxes | 450/3 | €1,463 | €3,800 | +€2,337 | +159.7% |
| Accrued charges and deferred income | 492/3 | €76 | €229 | +€153 | +201.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €499 | €740 | +€241 | +48.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€379 | - | +€379 | |
| Other operating charges | 640/8 | €769 | €965 | +€196 | +25.5% |
| Gross operating margin | 9900 | €15,493 | -€14,530 | -€30,023 | |
| Operating profit (loss) | 9901 | €14,603 | -€16,236 | -€30,839 | |
| Financial income | 75/76B | €23 | €330 | +€307 | +1358.5% |
| Recurring financial income | 75 | €23 | €330 | +€307 | +1358.5% |
| Financial charges | 65/66B | €342 | €54 | -€288 | -84.1% |
| Recurring financial charges | 65 | €342 | €54 | -€288 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | €14,284 | -€15,960 | -€30,244 | |
| Income taxes | 67/77 | €2,632 | €139 | -€2,493 | -94.7% |
| Profit (loss) for the period | 9904 | €11,651 | -€16,099 | -€27,751 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,651 | -€16,099 | -€27,751 |
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.