Alphaprofiles: 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.
Alphaprofiles
Largest movements
- Stocks and contracts +€162,370
up €162,370 (+97.0%), from €167,453 to €329,823
- Receivables within one year +€105,234
up €105,234 (+64.9%), from €162,155 to €267,389
of which Trade receivables: +€105,234
- Cash +€15,110
up €15,110 (+19.0%), from €79,493 to €94,603
mainly Other debts (+€180,967) and Net result for the year (+€34,280)
- Tangible fixed assets -€13,537
down €13,537 (-11.1%), from €122,205 to €108,669
of which Plant, machinery and equipment: -€11,932
- Other debts +€180,967
up €180,967 (+62.8%), from €288,178 to €469,145
- Profit (loss) carried forward +€34,280
up €34,280 (+114.1%), from €30,047 to €64,327
- Tax, wage and social debts +€32,324
up €32,324 (+56.4%), from €57,317 to €89,641
of which Taxes: +€31,045
- Trade debts +€22,531
up €22,531 (+26.0%), from €86,542 to €109,073
- Gross operating margin +€45,982
up €45,982 (+49.2%), from €93,516 to €139,499
- Other operating charges +€25,969
up €25,969 (+280.5%), from €9,259 to €35,228
- Staff costs +€19,940
up €19,940 (+81.5%), from €24,459 to €44,399
- Write-downs -€11,201
no longer reported in 2025 (was €11,201)
- Depreciation +€3,899
up €3,899 (+35.0%), from €11,137 to €15,037
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 | €532,083 | €802,185 | +€270,102 | +50.8% |
| Fixed assets | 21/28 | €122,205 | €108,669 | -€13,537 | -11.1% |
| Tangible fixed assets | 22/27 | €122,205 | €108,669 | -€13,537 | -11.1% |
| Plant, machinery and equipment | 23 | €108,664 | €96,732 | -€11,932 | -11.0% |
| Furniture and vehicles | 24 | €13,541 | €11,936 | -€1,605 | -11.9% |
| Current assets | 29/58 | €409,878 | €693,517 | +€283,639 | +69.2% |
| Stocks and contracts in progress | 3 | €167,453 | €329,823 | +€162,370 | +97.0% |
| Stocks | 30/36 | €167,453 | €329,823 | +€162,370 | +97.0% |
| Amounts receivable within one year | 40/41 | €162,155 | €267,389 | +€105,234 | +64.9% |
| Trade receivables | 40 | €160,155 | €265,389 | +€105,234 | +65.7% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €79,493 | €94,603 | +€15,110 | +19.0% |
| Deferred charges and accrued income | 490/1 | €778 | €1,702 | +€925 | +118.9% |
| Total equity and liabilities | 10/49 | €532,083 | €802,185 | +€270,102 | +50.8% |
| Equity | 10/15 | €40,047 | €74,327 | +€34,280 | +85.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,047 | €64,327 | +€34,280 | +114.1% |
| Amounts payable | 17/49 | €492,036 | €727,858 | +€235,822 | +47.9% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €432,036 | €667,858 | +€235,822 | +54.6% |
| Trade debts | 44 | €86,542 | €109,073 | +€22,531 | +26.0% |
| Suppliers | 440/4 | €86,542 | €109,073 | +€22,531 | +26.0% |
| Taxes, remuneration and social security | 45 | €57,317 | €89,641 | +€32,324 | +56.4% |
| Taxes | 450/3 | €53,309 | €84,353 | +€31,045 | +58.2% |
| Remuneration and social security | 454/9 | €4,008 | €5,287 | +€1,279 | +31.9% |
| Other amounts payable | 47/48 | €288,178 | €469,145 | +€180,967 | +62.8% |
| Remuneration, social security and pensions | 62 | €24,459 | €44,399 | +€19,940 | +81.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,137 | €15,037 | +€3,899 | +35.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,201 | - | -€11,201 | |
| Other operating charges | 640/8 | €9,259 | €35,228 | +€25,969 | +280.5% |
| Gross operating margin | 9900 | €93,516 | €139,499 | +€45,982 | +49.2% |
| Operating profit (loss) | 9901 | €37,460 | €44,835 | +€7,375 | +19.7% |
| Financial income | 75/76B | €25 | €285 | +€260 | +1047.7% |
| Recurring financial income | 75 | €25 | €285 | +€260 | +1047.7% |
| Financial charges | 65/66B | €1,426 | €1,971 | +€545 | +38.2% |
| Recurring financial charges | 65 | €1,426 | €1,971 | +€545 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €36,059 | €43,149 | +€7,090 | +19.7% |
| Income taxes | 67/77 | €6,011 | €8,869 | +€2,858 | +47.5% |
| Profit (loss) for the period | 9904 | €30,047 | €34,280 | +€4,233 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,047 | €34,280 | +€4,233 | +14.1% |
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 29 September 2026 via checked.be.