ALPHOMEGA-FINANCES: 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.
ALPHOMEGA-FINANCES
Largest movements
- Current investments +€2.8m
up €2.8m (+50.2%), from €5.5m to €8.2m
- Cash -€1.4m
down €1.4m (-88.4%), from €1.6m to €187,548
mainly Current investments (-€2.8m) and Receivables after one year (-€475,406)
- Receivables after one year +€475,406
up €475,406 (+544%), from €87,359 to €562,764
- Financial fixed assets -€350,000
down €350,000 (-99.8%), from €350,552 to €552
- Reserves +€1.7m
up €1.7m (+385%), from €447,450 to €2.2m
of which Non-distributable reserves: +€1.5m
- Profit (loss) carried forward -€1.5m
down €1.5m (-71.7%), from €2.1m to €592,444
- Other debts +€1.2m
new in 2025: €1.2m
- Accrued charges and deferred income -€129,594
down €129,594 (-21.0%), from €616,572 to €486,978
- Financial income -€538,086
down €538,086 (-55.7%), from €966,741 to €428,655
- Taxes +€72,986
up €72,986, from -€4,787 to €68,199
- Financial charges +€69,608
up €69,608 (+690%), from €10,087 to €79,695
- Gross operating margin -€20,562
down €20,562 (-88.0%), from -€23,368 to -€43,930
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 | €7,658,604 | €9,011,942 | +€1.4m | +17.7% |
| Fixed assets | 21/28 | €377,033 | €16,783 | -€360,250 | -95.5% |
| Tangible fixed assets | 22/27 | €26,481 | €16,231 | -€10,250 | -38.7% |
| Furniture and vehicles | 24 | €26,481 | €16,231 | -€10,250 | -38.7% |
| Financial fixed assets | 28 | €350,552 | €552 | -€350,000 | -99.8% |
| Current assets | 29/58 | €7,281,571 | €8,995,160 | +€1.7m | +23.5% |
| Amounts receivable after more than one year | 29 | €87,359 | €562,764 | +€475,406 | +544% |
| Other amounts receivable | 291 | €87,359 | €562,764 | +€475,406 | +544% |
| Amounts receivable within one year | 40/41 | €89,578 | - | -€89,578 | |
| Trade receivables | 40 | €452 | - | -€452 | |
| Other amounts receivable | 41 | €89,125 | - | -€89,125 | |
| Current investments | 50/53 | €5,488,734 | €8,244,847 | +€2.8m | +50.2% |
| Cash at bank and in hand | 54/58 | €1,615,901 | €187,548 | -€1.4m | -88.4% |
| Total equity and liabilities | 10/49 | €7,658,604 | €9,011,942 | +€1.4m | +17.7% |
| Equity | 10/15 | €7,042,032 | €7,266,660 | +€224,629 | +3.2% |
| Contributions | 10/11 | €4,503,585 | €4,503,585 | = | 0.0% |
| Contributions outside capital | 11 | €4,503,585 | - | -€4.5m | |
| Share premium | 1100/10 | €4,503,585 | - | -€4.5m | |
| Reserves | 13 | €447,450 | €2,170,632 | +€1.7m | +385% |
| Non-distributable reserves | 130/1 | €447,450 | €1,946,632 | +€1.5m | +335% |
| Reserves not available under the articles | 1311 | €447,450 | €447,450 | = | 0.0% |
| Own shares acquired | 1312 | - | €1,499,182 | +€1.5m | |
| Distributable reserves | 133 | - | €224,000 | +€224,000 | |
| Profit (loss) carried forward | 14 | €2,090,997 | €592,444 | -€1.5m | -71.7% |
| Amounts payable | 17/49 | €616,572 | €1,745,282 | +€1.1m | +183% |
| Amounts payable within one year | 42/48 | - | €1,258,304 | +€1.3m | |
| Taxes, remuneration and social security | 45 | - | €69,084 | +€69,084 | |
| Taxes | 450/3 | - | €69,084 | +€69,084 | |
| Other amounts payable | 47/48 | - | €1,189,220 | +€1.2m | |
| Accrued charges and deferred income | 492/3 | €616,572 | €486,978 | -€129,594 | -21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,250 | €10,250 | = | 0.0% |
| Other operating charges | 640/8 | €1,903 | €1,953 | +€50 | +2.6% |
| Gross operating margin | 9900 | -€23,368 | -€43,930 | -€20,562 | -88.0% |
| Operating profit (loss) | 9901 | -€35,521 | -€56,132 | -€20,612 | -58.0% |
| Financial income | 75/76B | €966,741 | €428,655 | -€538,086 | -55.7% |
| Recurring financial income | 75 | €966,741 | €428,655 | -€538,086 | -55.7% |
| Financial charges | 65/66B | €10,087 | €79,695 | +€69,608 | +690% |
| Recurring financial charges | 65 | €10,087 | €79,695 | +€69,608 | +690% |
| Profit (loss) for the period before taxes | 9903 | €921,134 | €292,828 | -€628,306 | -68.2% |
| Income taxes | 67/77 | -€4,787 | €68,199 | +€72,986 | |
| Profit (loss) for the period | 9904 | €925,920 | €224,629 | -€701,292 | -75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €925,920 | €224,629 | -€701,292 | -75.7% |
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 28 October 2026 via checked.be.