ALPIN BUILD: 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.
ALPIN BUILD
Largest movements
- Receivables within one year +€30,716
up €30,716 (+15.5%), from €198,619 to €229,335
of which Other amounts receivable: +€40,015
- Tangible fixed assets -€5,790
down €5,790 (-39.6%), from €14,616 to €8,827
- Deferred charges and accrued income +€2,961
up €2,961 (+279%), from €1,061 to €4,022
- Reserves +€35,000
up €35,000 (+63.6%), from €55,000 to €90,000
- Accrued charges and deferred income -€23,605
down €23,605 (-47.8%), from €49,381 to €25,776
- Profit (loss) carried forward +€12,178
up €12,178 (+77.7%), from €15,675 to €27,853
- Tax, wage and social debts +€9,621
up €9,621 (+39.6%), from €24,309 to €33,929
- Current portion of long-term debt -€4,287
down €4,287 (-57.0%), from €7,527 to €3,240
- Gross operating margin +€6,643
up €6,643 (+6.7%), from €98,444 to €105,087
- Depreciation +€1,586
up €1,586 (+15.7%), from €10,085 to €11,671
- Other operating charges +€1,450
up €1,450 (+168%), from €861 to €2,311
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 | €214,475 | €243,058 | +€28,584 | +13.3% |
| Fixed assets | 21/28 | €14,616 | €8,827 | -€5,790 | -39.6% |
| Tangible fixed assets | 22/27 | €14,616 | €8,827 | -€5,790 | -39.6% |
| Furniture and vehicles | 24 | €14,616 | €8,827 | -€5,790 | -39.6% |
| Current assets | 29/58 | €199,858 | €234,231 | +€34,373 | +17.2% |
| Amounts receivable within one year | 40/41 | €198,619 | €229,335 | +€30,716 | +15.5% |
| Trade receivables | 40 | €69,278 | €59,980 | -€9,299 | -13.4% |
| Other amounts receivable | 41 | €129,340 | €169,355 | +€40,015 | +30.9% |
| Cash at bank and in hand | 54/58 | €179 | €875 | +€696 | +388% |
| Deferred charges and accrued income | 490/1 | €1,061 | €4,022 | +€2,961 | +279% |
| Total equity and liabilities | 10/49 | €214,475 | €243,058 | +€28,584 | +13.3% |
| Equity | 10/15 | €78,175 | €125,353 | +€47,178 | +60.4% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €55,000 | €90,000 | +€35,000 | +63.6% |
| Distributable reserves | 133 | €55,000 | €90,000 | +€35,000 | +63.6% |
| Profit (loss) carried forward | 14 | €15,675 | €27,853 | +€12,178 | +77.7% |
| Amounts payable | 17/49 | €136,300 | €117,705 | -€18,595 | -13.6% |
| Amounts payable after more than one year | 17 | €3,240 | - | -€3,240 | |
| Financial debts | 170/4 | €3,240 | - | -€3,240 | |
| Amounts payable within one year | 42/48 | €83,680 | €91,929 | +€8,249 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €7,527 | €3,240 | -€4,287 | -57.0% |
| Trade debts | 44 | €30,468 | €29,760 | -€708 | -2.3% |
| Suppliers | 440/4 | €30,468 | €29,760 | -€708 | -2.3% |
| Taxes, remuneration and social security | 45 | €24,309 | €33,929 | +€9,621 | +39.6% |
| Taxes | 450/3 | €24,309 | €33,929 | +€9,621 | +39.6% |
| Other amounts payable | 47/48 | €21,376 | €25,000 | +€3,624 | +17.0% |
| Accrued charges and deferred income | 492/3 | €49,381 | €25,776 | -€23,605 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,085 | €11,671 | +€1,586 | +15.7% |
| Other operating charges | 640/8 | €861 | €2,311 | +€1,450 | +168% |
| Gross operating margin | 9900 | €98,444 | €105,087 | +€6,643 | +6.7% |
| Operating profit (loss) | 9901 | €87,498 | €91,105 | +€3,607 | +4.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +173% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +173% |
| Financial charges | 65/66B | €1,332 | €1,940 | +€609 | +45.7% |
| Recurring financial charges | 65 | €1,332 | €1,940 | +€609 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €86,167 | €89,166 | +€2,999 | +3.5% |
| Income taxes | 67/77 | €17,809 | €16,988 | -€821 | -4.6% |
| Profit (loss) for the period | 9904 | €68,358 | €72,178 | +€3,820 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,358 | €72,178 | +€3,820 | +5.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.