ALPINE ASCENT: 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.
ALPINE ASCENT
Largest movements
- Receivables within one year -€20,449
no longer reported in 2025 (was €20,449)
- Current investments +€10,546
new in 2025: €10,546
- Tangible fixed assets -€4,866
down €4,866 (-79.6%), from €6,113 to €1,247
of which Furniture and vehicles: -€3,479
- Cash -€2,648
no longer reported in 2025 (was €2,648)
mainly Tax, wage and social debts (-€26,064) and Contributions, distributions and other (-€23,305)
- Tax, wage and social debts -€26,064
down €26,064 (-60.0%), from €43,476 to €17,412
- Other debts +€8,008
new in 2025: €8,008
- Gross operating margin +€13,905
up €13,905 (+58.1%), from €23,923 to €37,828
- Taxes +€2,254
up €2,254 (+45.8%), from €4,926 to €7,181
- Financial charges -€1,296
down €1,296 (-43.4%), from €2,989 to €1,693
- Depreciation -€570
down €570 (-10.5%), from €5,436 to €4,866
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 | €51,331 | €33,661 | -€17,670 | -34.4% |
| Fixed assets | 21/28 | €27,852 | €22,986 | -€4,866 | -17.5% |
| Tangible fixed assets | 22/27 | €6,113 | €1,247 | -€4,866 | -79.6% |
| Plant, machinery and equipment | 23 | €1,471 | €84 | -€1,387 | -94.3% |
| Furniture and vehicles | 24 | €4,642 | €1,163 | -€3,479 | -75.0% |
| Financial fixed assets | 28 | €21,739 | €21,739 | = | 0.0% |
| Current assets | 29/58 | €23,479 | €10,675 | -€12,804 | -54.5% |
| Amounts receivable within one year | 40/41 | €20,449 | - | -€20,449 | |
| Trade receivables | 40 | €20,449 | - | -€20,449 | |
| Current investments | 50/53 | - | €10,546 | +€10,546 | |
| Cash at bank and in hand | 54/58 | €2,648 | - | -€2,648 | |
| Deferred charges and accrued income | 490/1 | €382 | €129 | -€253 | -66.2% |
| Total equity and liabilities | 10/49 | €51,331 | €33,661 | -€17,670 | -34.4% |
| Equity | 10/15 | €5,500 | €5,500 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Amounts payable | 17/49 | €45,831 | €28,161 | -€17,670 | -38.6% |
| Amounts payable within one year | 42/48 | €44,831 | €27,161 | -€17,670 | -39.4% |
| Trade debts | 44 | €1,355 | €1,741 | +€386 | +28.5% |
| Suppliers | 440/4 | €1,355 | €1,741 | +€386 | +28.5% |
| Taxes, remuneration and social security | 45 | €43,476 | €17,412 | -€26,064 | -60.0% |
| Taxes | 450/3 | €43,476 | €17,412 | -€26,064 | -60.0% |
| Other amounts payable | 47/48 | - | €8,008 | +€8,008 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,436 | €4,866 | -€570 | -10.5% |
| Other operating charges | 640/8 | €484 | €784 | +€300 | +62.1% |
| Gross operating margin | 9900 | €23,923 | €37,828 | +€13,905 | +58.1% |
| Operating profit (loss) | 9901 | €18,004 | €32,179 | +€14,175 | +78.7% |
| Financial charges | 65/66B | €2,989 | €1,693 | -€1,296 | -43.4% |
| Recurring financial charges | 65 | €2,989 | €1,693 | -€1,296 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €15,015 | €30,486 | +€15,471 | +103.0% |
| Income taxes | 67/77 | €4,926 | €7,181 | +€2,254 | +45.8% |
| Profit (loss) for the period | 9904 | €10,088 | €23,305 | +€13,217 | +131.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,088 | €23,305 | +€13,217 | +131.0% |
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 12 October 2026 via checked.be.