ALPHAMEGA: 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.
ALPHAMEGA
Largest movements
- Cash +€123,543
up €123,543 (+260%), from €47,546 to €171,089
mainly Net result for the year (+€50,685) and Receivables within one year (+€39,169)
- Receivables within one year -€39,169
down €39,169 (-26.1%), from €149,924 to €110,754
of which Trade receivables: -€28,466
- Stocks and contracts -€33,776
down €33,776 (-19.7%), from €171,731 to €137,955
- Tangible fixed assets -€13,276
down €13,276 (-41.2%), from €32,242 to €18,966
of which Furniture and vehicles: -€9,924
- Profit (loss) carried forward +€50,685
up €50,685 (+79.1%), from €64,110 to €114,794
- Trade debts -€7,297
down €7,297 (-7.3%), from €100,339 to €93,042
- Tax, wage and social debts -€6,797
down €6,797 (-25.0%), from €27,230 to €20,433
of which Taxes: -€12,870
- Gross operating margin +€43,996
up €43,996 (+28.9%), from €152,314 to €196,309
- Staff costs -€35,570
down €35,570 (-24.4%), from €145,573 to €110,004
- Taxes +€18,478
up €18,478 (+4,501%), from €411 to €18,888
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.
Derived cash bridge
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 | €406,005 | €442,609 | +€36,604 | +9.0% |
| Fixed assets | 21/28 | €33,344 | €20,167 | -€13,176 | -39.5% |
| Tangible fixed assets | 22/27 | €32,242 | €18,966 | -€13,276 | -41.2% |
| Land and buildings | 22 | €7,349 | €3,997 | -€3,352 | -45.6% |
| Furniture and vehicles | 24 | €24,893 | €14,969 | -€9,924 | -39.9% |
| Financial fixed assets | 28 | €1,102 | €1,202 | +€100 | +9.1% |
| Current assets | 29/58 | €372,662 | €422,442 | +€49,780 | +13.4% |
| Stocks and contracts in progress | 3 | €171,731 | €137,955 | -€33,776 | -19.7% |
| Stocks | 30/36 | €171,731 | €137,955 | -€33,776 | -19.7% |
| Amounts receivable within one year | 40/41 | €149,924 | €110,754 | -€39,169 | -26.1% |
| Trade receivables | 40 | €134,801 | €106,334 | -€28,466 | -21.1% |
| Other amounts receivable | 41 | €15,123 | €4,420 | -€10,703 | -70.8% |
| Cash at bank and in hand | 54/58 | €47,546 | €171,089 | +€123,543 | +260% |
| Deferred charges and accrued income | 490/1 | €3,461 | €2,643 | -€818 | -23.6% |
| Total equity and liabilities | 10/49 | €406,005 | €442,609 | +€36,604 | +9.0% |
| Equity | 10/15 | €278,436 | €329,120 | +€50,685 | +18.2% |
| Contributions | 10/11 | €173,995 | €173,995 | = | 0.0% |
| Reserves | 13 | €40,331 | €40,331 | = | 0.0% |
| Distributable reserves | 133 | €40,331 | €40,331 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,110 | €114,794 | +€50,685 | +79.1% |
| Amounts payable | 17/49 | €127,569 | €113,489 | -€14,080 | -11.0% |
| Amounts payable within one year | 42/48 | €127,569 | €113,475 | -€14,095 | -11.0% |
| Trade debts | 44 | €100,339 | €93,042 | -€7,297 | -7.3% |
| Suppliers | 440/4 | €100,339 | €93,042 | -€7,297 | -7.3% |
| Taxes, remuneration and social security | 45 | €27,230 | €20,433 | -€6,797 | -25.0% |
| Taxes | 450/3 | €12,870 | - | -€12,870 | |
| Remuneration and social security | 454/9 | €14,360 | €20,433 | +€6,073 | +42.3% |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €145,573 | €110,004 | -€35,570 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,276 | €13,276 | -€0 | 0.0% |
| Other operating charges | 640/8 | €5,067 | €3,491 | -€1,576 | -31.1% |
| Gross operating margin | 9900 | €152,314 | €196,309 | +€43,996 | +28.9% |
| Operating profit (loss) | 9901 | -€11,603 | €69,539 | +€81,141 | |
| Financial income | 75/76B | €6 | €310 | +€304 | +5,040% |
| Recurring financial income | 75 | €6 | €310 | +€304 | +5,040% |
| Financial charges | 65/66B | €716 | €276 | -€440 | -61.5% |
| Recurring financial charges | 65 | €716 | €276 | -€440 | -61.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,313 | €69,573 | +€81,886 | |
| Income taxes | 67/77 | €411 | €18,888 | +€18,478 | +4,501% |
| Profit (loss) for the period | 9904 | -€12,723 | €50,685 | +€63,408 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,723 | €50,685 | +€63,408 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.