Alphatech: 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.
Alphatech
Largest movements
- Tangible fixed assets +€101,439
up €101,439 (+79.2%), from €128,139 to €229,578
of which Land and buildings: +€102,763
- Receivables within one year -€75,893
down €75,893 (-47.4%), from €160,128 to €84,235
of which Trade receivables: -€68,515
- Cash +€39,304
up €39,304 (+68.5%), from €57,346 to €96,650
mainly Net result for the year (+€145,025) and Receivables within one year (+€75,893)
- Profit (loss) carried forward +€60,320
up €60,320 (+671.5%), from €8,983 to €69,302
- Debts after one year -€50,824
down €50,824 (-22.9%), from €222,066 to €171,242
- Other debts +€44,429
up €44,429 (+1722.9%), from €2,579 to €47,008
- Tax, wage and social debts +€11,017
up €11,017 (+243.2%), from €4,531 to €15,548
- Trade debts +€7,656
up €7,656 (+125.8%), from €6,087 to €13,743
- Gross operating margin +€21,328
up €21,328 (+11.6%), from €183,201 to €204,528
- Taxes +€11,946
up €11,946 (+38.7%), from €30,840 to €42,786
- Other operating charges -€10,566
down €10,566 (-74.4%), from €14,204 to €3,638
- Financial charges +€4,472
up €4,472 (+125.6%), from €3,559 to €8,031
- Depreciation +€3,170
up €3,170 (+154.8%), from €2,048 to €5,218
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 | €357,512 | €422,914 | +€65,401 | +18.3% |
| Fixed assets | 21/28 | €140,039 | €241,478 | +€101,439 | +72.4% |
| Tangible fixed assets | 22/27 | €128,139 | €229,578 | +€101,439 | +79.2% |
| Land and buildings | 22 | €125,239 | €228,002 | +€102,763 | +82.1% |
| Furniture and vehicles | 24 | €2,835 | €1,576 | -€1,259 | -44.4% |
| Other tangible fixed assets | 26 | €65 | - | -€65 | |
| Financial fixed assets | 28 | €11,900 | €11,900 | = | 0.0% |
| Current assets | 29/58 | €217,474 | €181,436 | -€36,038 | -16.6% |
| Amounts receivable within one year | 40/41 | €160,128 | €84,235 | -€75,893 | -47.4% |
| Trade receivables | 40 | €151,628 | €83,114 | -€68,515 | -45.2% |
| Other amounts receivable | 41 | €8,499 | €1,121 | -€7,378 | -86.8% |
| Cash at bank and in hand | 54/58 | €57,346 | €96,650 | +€39,304 | +68.5% |
| Deferred charges and accrued income | 490/1 | - | €550 | +€550 | |
| Total equity and liabilities | 10/49 | €357,512 | €422,914 | +€65,401 | +18.3% |
| Equity | 10/15 | €29,443 | €89,762 | +€60,320 | +204.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,983 | €69,302 | +€60,320 | +671.5% |
| Amounts payable | 17/49 | €328,070 | €333,151 | +€5,082 | +1.5% |
| Amounts payable after more than one year | 17 | €222,066 | €171,242 | -€50,824 | -22.9% |
| Financial debts | 170/4 | €222,066 | €171,242 | -€50,824 | -22.9% |
| Amounts payable within one year | 42/48 | €105,656 | €161,562 | +€55,906 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €92,460 | €85,264 | -€7,196 | -7.8% |
| Trade debts | 44 | €6,087 | €13,743 | +€7,656 | +125.8% |
| Suppliers | 440/4 | €6,087 | €13,743 | +€7,656 | +125.8% |
| Taxes, remuneration and social security | 45 | €4,531 | €15,548 | +€11,017 | +243.2% |
| Taxes | 450/3 | €4,531 | €15,548 | +€11,017 | +243.2% |
| Other amounts payable | 47/48 | €2,579 | €47,008 | +€44,429 | +1722.9% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,048 | €5,218 | +€3,170 | +154.8% |
| Other operating charges | 640/8 | €14,204 | €3,638 | -€10,566 | -74.4% |
| Gross operating margin | 9900 | €183,201 | €204,528 | +€21,328 | +11.6% |
| Operating profit (loss) | 9901 | €166,949 | €195,672 | +€28,724 | +17.2% |
| Financial income | 75/76B | €1,018 | €170 | -€847 | -83.3% |
| Recurring financial income | 75 | €1,018 | €170 | -€847 | -83.3% |
| Financial charges | 65/66B | €3,559 | €8,031 | +€4,472 | +125.6% |
| Recurring financial charges | 65 | €3,559 | €8,031 | +€4,472 | +125.6% |
| Profit (loss) for the period before taxes | 9903 | €164,407 | €187,812 | +€23,405 | +14.2% |
| Income taxes | 67/77 | €30,840 | €42,786 | +€11,946 | +38.7% |
| Profit (loss) for the period | 9904 | €133,567 | €145,025 | +€11,458 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,567 | €145,025 | +€11,458 | +8.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.