ALPHIM: 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.
ALPHIM
Largest movements
- Cash +€64,085
up €64,085 (+61.5%), from €104,197 to €168,282
mainly Net result for the year (+€72,558) and Trade debts (+€28,188)
- Receivables within one year +€22,975
up €22,975 (+35.6%), from €64,546 to €87,521
- Tangible fixed assets -€20,726
down €20,726 (-13.9%), from €149,504 to €128,778
of which Plant, machinery and equipment: -€18,414
- Reserves +€70,000
up €70,000 (+34.4%), from €203,256 to €273,256
of which Distributable reserves: +€76,200
- Tax, wage and social debts -€34,057
down €34,057 (-38.4%), from €88,734 to €54,677
- Trade debts +€28,188
up €28,188 (+417.6%), from €6,750 to €34,938
- Other operating charges -€19,063
down €19,063 (-74.2%), from €25,692 to €6,629
- Financial income +€4,617
up €4,617 (+3445.5%), from €134 to €4,751
of which Financial income: +€4,544
- Depreciation -€2,676
down €2,676 (-11.4%), from €23,402 to €20,726
- Gross operating margin +€1,800
up €1,800 (+1.4%), from €133,106 to €134,906
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €319,335 | €386,024 | +€66,689 | +20.9% |
| Fixed assets | 21/28 | €149,504 | €128,778 | -€20,726 | -13.9% |
| Tangible fixed assets | 22/27 | €149,504 | €128,778 | -€20,726 | -13.9% |
| Land and buildings | 22 | €48,835 | €48,835 | = | 0.0% |
| Plant, machinery and equipment | 23 | €96,044 | €77,630 | -€18,414 | -19.2% |
| Furniture and vehicles | 24 | €4,625 | €2,313 | -€2,312 | -50.0% |
| Current assets | 29/58 | €169,831 | €257,246 | +€87,415 | +51.5% |
| Amounts receivable within one year | 40/41 | €64,546 | €87,521 | +€22,975 | +35.6% |
| Other amounts receivable | 41 | €64,546 | €87,521 | +€22,975 | +35.6% |
| Cash at bank and in hand | 54/58 | €104,197 | €168,282 | +€64,085 | +61.5% |
| Deferred charges and accrued income | 490/1 | €1,088 | €1,443 | +€355 | +32.6% |
| Total equity and liabilities | 10/49 | €319,335 | €386,024 | +€66,689 | +20.9% |
| Equity | 10/15 | €223,851 | €296,409 | +€72,558 | +32.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €203,256 | €273,256 | +€70,000 | +34.4% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €197,056 | €273,256 | +€76,200 | +38.7% |
| Profit (loss) carried forward | 14 | €1,995 | €4,553 | +€2,558 | +128.2% |
| Amounts payable | 17/49 | €95,484 | €89,615 | -€5,869 | -6.1% |
| Amounts payable within one year | 42/48 | €95,484 | €89,615 | -€5,869 | -6.1% |
| Trade debts | 44 | €6,750 | €34,938 | +€28,188 | +417.6% |
| Suppliers | 440/4 | €6,750 | €34,938 | +€28,188 | +417.6% |
| Taxes, remuneration and social security | 45 | €88,734 | €54,677 | -€34,057 | -38.4% |
| Taxes | 450/3 | €88,734 | €54,677 | -€34,057 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,402 | €20,726 | -€2,676 | -11.4% |
| Other operating charges | 640/8 | €25,692 | €6,629 | -€19,063 | -74.2% |
| Non-recurring operating charges | 66A | €2,797 | €219 | -€2,578 | -92.2% |
| Gross operating margin | 9900 | €133,106 | €134,906 | +€1,800 | +1.4% |
| Operating profit (loss) | 9901 | €81,215 | €107,332 | +€26,117 | +32.2% |
| Financial income | 75/76B | €134 | €4,751 | +€4,617 | +3445.5% |
| Recurring financial income | 75 | €134 | €4,678 | +€4,544 | +3391.0% |
| Non-recurring financial income | 76B | - | €73 | +€73 | |
| Financial charges | 65/66B | €1,171 | €1,632 | +€461 | +39.4% |
| Recurring financial charges | 65 | €1,171 | €1,632 | +€461 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €80,178 | €110,451 | +€30,273 | +37.8% |
| Income taxes | 67/77 | €37,630 | €37,893 | +€263 | +0.7% |
| Profit (loss) for the period | 9904 | €42,548 | €72,558 | +€30,010 | +70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,548 | €72,558 | +€30,010 | +70.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.