ALPHAMATE: 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.
ALPHAMATE
Largest movements
- Cash -€36,118
down €36,118 (-39.1%), from €92,417 to €56,299
mainly Other debts (-€25,994) and Deferred charges and accrued income (-€25,105)
- Deferred charges and accrued income +€25,105
up €25,105 (+113.7%), from €22,083 to €47,189
- Tangible fixed assets -€13,457
down €13,457 (-7.1%), from €189,985 to €176,528
of which Land and buildings: -€20,083
- Receivables after one year -€10,000
down €10,000 (-3.1%), from €325,000 to €315,000
- Other debts -€25,994
down €25,994 (-23.7%), from €109,826 to €83,832
- Tax, wage and social debts -€12,928
down €12,928 (-33.0%), from €39,206 to €26,278
of which Taxes: -€12,957
- Gross operating margin -€75,714
down €75,714 (-67.6%), from €111,995 to €36,280
- Taxes -€9,780
down €9,780 (-59.1%), from €16,550 to €6,770
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 | €955,419 | €922,354 | -€33,065 | -3.5% |
| Fixed assets | 21/28 | €221,958 | €207,950 | -€14,008 | -6.3% |
| Intangible fixed assets | 21 | €1,973 | €1,422 | -€551 | -27.9% |
| Tangible fixed assets | 22/27 | €189,985 | €176,528 | -€13,457 | -7.1% |
| Land and buildings | 22 | €185,471 | €165,388 | -€20,083 | -10.8% |
| Furniture and vehicles | 24 | €4,358 | €11,140 | +€6,782 | +155.6% |
| Other tangible fixed assets | 26 | €156 | - | -€156 | |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €733,462 | €714,404 | -€19,058 | -2.6% |
| Amounts receivable after more than one year | 29 | €325,000 | €315,000 | -€10,000 | -3.1% |
| Other amounts receivable | 291 | €325,000 | €315,000 | -€10,000 | -3.1% |
| Amounts receivable within one year | 40/41 | €16,028 | €17,984 | +€1,956 | +12.2% |
| Trade receivables | 40 | €8,257 | €10,188 | +€1,930 | +23.4% |
| Other amounts receivable | 41 | €7,771 | €7,796 | +€25 | +0.3% |
| Current investments | 50/53 | €277,933 | €277,932 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €92,417 | €56,299 | -€36,118 | -39.1% |
| Deferred charges and accrued income | 490/1 | €22,083 | €47,189 | +€25,105 | +113.7% |
| Total equity and liabilities | 10/49 | €955,419 | €922,354 | -€33,065 | -3.5% |
| Equity | 10/15 | €787,119 | €794,819 | +€7,700 | +1.0% |
| Contributions | 10/11 | €17,740 | €17,740 | = | 0.0% |
| Reserves | 13 | €484,945 | €492,644 | +€7,699 | +1.6% |
| Non-distributable reserves | 130/1 | €87,416 | €87,416 | = | 0.0% |
| Reserves not available under the articles | 1311 | €87,416 | €87,416 | = | 0.0% |
| Distributable reserves | 133 | €397,529 | €405,228 | +€7,699 | +1.9% |
| Profit (loss) carried forward | 14 | €284,433 | €284,434 | +€1 | 0.0% |
| Amounts payable | 17/49 | €168,301 | €127,535 | -€40,765 | -24.2% |
| Amounts payable within one year | 42/48 | €168,301 | €127,535 | -€40,765 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €8,199 | - | -€8,199 | |
| Trade debts | 44 | €11,070 | €17,425 | +€6,355 | +57.4% |
| Suppliers | 440/4 | €11,070 | €17,425 | +€6,355 | +57.4% |
| Taxes, remuneration and social security | 45 | €39,206 | €26,278 | -€12,928 | -33.0% |
| Taxes | 450/3 | €35,762 | €22,806 | -€12,957 | -36.2% |
| Remuneration and social security | 454/9 | €3,444 | €3,473 | +€29 | +0.8% |
| Other amounts payable | 47/48 | €109,826 | €83,832 | -€25,994 | -23.7% |
| Non-recurring operating income | 76A | €22,000 | - | -€22,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,800 | €23,831 | +€1,031 | +4.5% |
| Other operating charges | 640/8 | €3,743 | €3,444 | -€300 | -8.0% |
| Gross operating margin | 9900 | €111,995 | €36,280 | -€75,714 | -67.6% |
| Operating profit (loss) | 9901 | €85,451 | €9,006 | -€76,446 | -89.5% |
| Financial income | 75/76B | €7,234 | €6,210 | -€1,024 | -14.2% |
| Recurring financial income | 75 | €7,234 | €6,210 | -€1,024 | -14.2% |
| Financial charges | 65/66B | €973 | €745 | -€228 | -23.4% |
| Recurring financial charges | 65 | €973 | €745 | -€228 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €91,712 | €14,470 | -€77,242 | -84.2% |
| Income taxes | 67/77 | €16,550 | €6,770 | -€9,780 | -59.1% |
| Profit (loss) for the period | 9904 | €75,162 | €7,700 | -€67,462 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,162 | €7,700 | -€67,462 | -89.8% |
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.