Alpi Consult: 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.
Alpi Consult
Largest movements
- Current investments -€63,841
down €63,841 (-36.5%), from €175,000 to €111,159
- Receivables within one year -€15,466
down €15,466 (-43.0%), from €35,944 to €20,478
of which Trade receivables: -€32,912
- Deferred charges and accrued income -€3,868
down €3,868 (-53.6%), from €7,224 to €3,355
- Profit (loss) carried forward -€79,756
down €79,756 (-100%), from €79,756 to €0
- Tax, wage and social debts -€8,707
down €8,707 (-99.8%), from €8,726 to €19
- Gross operating margin -€103,508
down €103,508 (-94.7%), from €109,318 to €5,810
- Taxes -€26,808
down €26,808 (-92.5%), from €28,976 to €2,168
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 | €265,920 | €180,714 | -€85,206 | -32.0% |
| Fixed assets | 21/28 | €1,362 | €744 | -€617 | -45.3% |
| Tangible fixed assets | 22/27 | €1,362 | €744 | -€617 | -45.3% |
| Furniture and vehicles | 24 | €1,362 | €744 | -€617 | -45.3% |
| Current assets | 29/58 | €264,559 | €179,970 | -€84,589 | -32.0% |
| Amounts receivable within one year | 40/41 | €35,944 | €20,478 | -€15,466 | -43.0% |
| Trade receivables | 40 | €34,012 | €1,100 | -€32,912 | -96.8% |
| Other amounts receivable | 41 | €1,932 | €19,378 | +€17,446 | +903% |
| Current investments | 50/53 | €175,000 | €111,159 | -€63,841 | -36.5% |
| Cash at bank and in hand | 54/58 | €46,391 | €44,977 | -€1,414 | -3.0% |
| Deferred charges and accrued income | 490/1 | €7,224 | €3,355 | -€3,868 | -53.6% |
| Total equity and liabilities | 10/49 | €265,920 | €180,714 | -€85,206 | -32.0% |
| Equity | 10/15 | €255,096 | €175,341 | -€79,756 | -31.3% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €169,841 | €169,841 | = | 0.0% |
| Distributable reserves | 133 | €169,841 | €169,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,756 | €0 | -€79,756 | -100% |
| Amounts payable | 17/49 | €10,824 | €5,373 | -€5,451 | -50.4% |
| Amounts payable within one year | 42/48 | €10,824 | €5,373 | -€5,451 | -50.4% |
| Trade debts | 44 | €947 | €1,547 | +€600 | +63.3% |
| Suppliers | 440/4 | €947 | €1,547 | +€600 | +63.3% |
| Taxes, remuneration and social security | 45 | €8,726 | €19 | -€8,707 | -99.8% |
| Taxes | 450/3 | €8,726 | €19 | -€8,707 | -99.8% |
| Other amounts payable | 47/48 | €1,151 | €3,808 | +€2,656 | +231% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €617 | €617 | = | 0.0% |
| Other operating charges | 640/8 | €1,366 | €1,229 | -€137 | -10.0% |
| Gross operating margin | 9900 | €109,318 | €5,810 | -€103,508 | -94.7% |
| Operating profit (loss) | 9901 | €107,334 | €3,963 | -€103,371 | -96.3% |
| Financial income | 75/76B | €3,025 | €2,657 | -€368 | -12.2% |
| Recurring financial income | 75 | €3,025 | €2,657 | -€368 | -12.2% |
| Financial charges | 65/66B | €1,628 | €1,309 | -€319 | -19.6% |
| Recurring financial charges | 65 | €1,628 | €1,309 | -€319 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €108,731 | €5,312 | -€103,420 | -95.1% |
| Income taxes | 67/77 | €28,976 | €2,168 | -€26,808 | -92.5% |
| Profit (loss) for the period | 9904 | €79,756 | €3,144 | -€76,611 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €79,756 | €3,144 | -€76,611 | -96.1% |
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 21 October 2026 via checked.be.