ALPHAR BRAINE-LE-COMTE: 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.
ALPHAR BRAINE-LE-COMTE
Largest movements
- Financial fixed assets -€72,792
down €72,792 (-7.4%), from €985,028 to €912,236
- Intangible fixed assets -€47,418
down €47,418 (-7.7%), from €616,431 to €569,013
- Cash +€29,290
up €29,290 (+11.3%), from €259,218 to €288,508
mainly Other debts (+€156,943) and Depreciation (+€85,751)
- Reserves -€165,000
down €165,000 (-34.9%), from €473,428 to €308,428
of which Distributable reserves: -€165,000
- Other debts +€156,943
up €156,943 (+3,311%), from €4,740 to €161,683
- Debts after one year -€98,605
down €98,605 (-9.9%), from €999,292 to €900,688
- Advances received -€39,792
no longer reported in 2025 (was €39,792)
- Trade debts +€28,921
up €28,921 (+16.2%), from €178,004 to €206,926
- Gross operating margin -€23,372
down €23,372 (-4.8%), from €491,127 to €467,755
- Staff costs +€22,160
up €22,160 (+14.0%), from €157,877 to €180,037
- Financial charges -€13,530
down €13,530 (-23.8%), from €56,872 to €43,342
- Taxes +€10,522
up €10,522 (+15.7%), from €66,840 to €77,362
- Depreciation +€7,256
up €7,256 (+9.2%), from €78,496 to €85,751
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 | €2,304,640 | €2,209,284 | -€95,356 | -4.1% |
| Fixed assets | 21/28 | €1,698,546 | €1,563,008 | -€135,537 | -8.0% |
| Intangible fixed assets | 21 | €616,431 | €569,013 | -€47,418 | -7.7% |
| Tangible fixed assets | 22/27 | €97,087 | €81,760 | -€15,327 | -15.8% |
| Land and buildings | 22 | €49,887 | €37,693 | -€12,193 | -24.4% |
| Plant, machinery and equipment | 23 | €42,810 | €25,854 | -€16,957 | -39.6% |
| Furniture and vehicles | 24 | €4,380 | €10,147 | +€5,767 | +132% |
| Other tangible fixed assets | 26 | €10 | €8,066 | +€8,056 | +80,479% |
| Financial fixed assets | 28 | €985,028 | €912,236 | -€72,792 | -7.4% |
| Current assets | 29/58 | €606,094 | €646,276 | +€40,182 | +6.6% |
| Stocks and contracts in progress | 3 | €201,854 | €214,428 | +€12,574 | +6.2% |
| Stocks | 30/36 | €201,854 | €214,428 | +€12,574 | +6.2% |
| Amounts receivable within one year | 40/41 | €132,865 | €134,162 | +€1,297 | +1.0% |
| Trade receivables | 40 | €102,083 | €127,632 | +€25,549 | +25.0% |
| Other amounts receivable | 41 | €30,783 | €6,530 | -€24,252 | -78.8% |
| Cash at bank and in hand | 54/58 | €259,218 | €288,508 | +€29,290 | +11.3% |
| Deferred charges and accrued income | 490/1 | €12,157 | €9,177 | -€2,980 | -24.5% |
| Total equity and liabilities | 10/49 | €2,304,640 | €2,209,284 | -€95,356 | -4.1% |
| Equity | 10/15 | €942,619 | €778,993 | -€163,626 | -17.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €473,428 | €308,428 | -€165,000 | -34.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,228 | €4,228 | = | 0.0% |
| Distributable reserves | 133 | €463,000 | €298,000 | -€165,000 | -35.6% |
| Profit (loss) carried forward | 14 | €407,191 | €408,566 | +€1,374 | +0.3% |
| Amounts payable | 17/49 | €1,362,021 | €1,430,291 | +€68,270 | +5.0% |
| Amounts payable after more than one year | 17 | €999,292 | €900,688 | -€98,605 | -9.9% |
| Financial debts | 170/4 | €999,292 | €900,688 | -€98,605 | -9.9% |
| Amounts payable within one year | 42/48 | €362,729 | €529,603 | +€166,875 | +46.0% |
| Current portion of amounts payable after more than one year | 42 | €98,311 | €96,413 | -€1,898 | -1.9% |
| Trade debts | 44 | €178,004 | €206,926 | +€28,921 | +16.2% |
| Suppliers | 440/4 | €178,004 | €206,926 | +€28,921 | +16.2% |
| Advances received on contracts in progress | 46 | €39,792 | - | -€39,792 | |
| Taxes, remuneration and social security | 45 | €41,882 | €64,581 | +€22,699 | +54.2% |
| Taxes | 450/3 | €24,650 | €38,177 | +€13,527 | +54.9% |
| Remuneration and social security | 454/9 | €17,232 | €26,404 | +€9,172 | +53.2% |
| Other amounts payable | 47/48 | €4,740 | €161,683 | +€156,943 | +3,311% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €157,877 | €180,037 | +€22,160 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,496 | €85,751 | +€7,256 | +9.2% |
| Other operating charges | 640/8 | €6,364 | €7,811 | +€1,447 | +22.7% |
| Gross operating margin | 9900 | €491,127 | €467,755 | -€23,372 | -4.8% |
| Operating profit (loss) | 9901 | €248,390 | €194,156 | -€54,235 | -21.8% |
| Financial income | 75/76B | €181 | €168 | -€13 | -7.0% |
| Recurring financial income | 75 | €181 | €168 | -€13 | -7.0% |
| Financial charges | 65/66B | €56,872 | €43,342 | -€13,530 | -23.8% |
| Recurring financial charges | 65 | €56,872 | €43,342 | -€13,530 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €191,699 | €150,982 | -€40,718 | -21.2% |
| Income taxes | 67/77 | €66,840 | €77,362 | +€10,522 | +15.7% |
| Profit (loss) for the period | 9904 | €124,860 | €73,619 | -€51,240 | -41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €124,860 | €73,619 | -€51,240 | -41.0% |
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 26 October 2026 via checked.be.