ALPIYA: what changed
Two fiscal 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.
ALPIYA
Largest movements
- Cash -€3.0m
down €3.0m (-63.1%), from €4.7m to €1.7m
mainly Contributions, distributions and other (-€3.0m) and Receivables within one year (-€22,125)
- Contributions -€3.0m
down €3.0m (-29.5%), from €10.2m to €7.2m
- Profit (loss) carried forward +€56,773
up €56,773 (+1.0%), from -€5.4m to -€5.4m
- Financial income -€75,243
down €75,243 (-50.5%), from €148,994 to €73,751
- Purchases and services -€51,167
no longer reported in 2025 (was €51,167)
- Gross operating margin +€34,191
up €34,191 (+66.8%), from -€51,167 to -€16,976
- Other operating charges -€1,949
down €1,949 (-100.0%), from €1,949 to €0
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 | €4,749,817 | €1,804,207 | -€2.9m | -62.0% |
| Current assets | 29/58 | €4,749,817 | €1,804,207 | -€2.9m | -62.0% |
| Amounts receivable within one year | 40/41 | €47,752 | €69,877 | +€22,125 | +46.3% |
| Other amounts receivable | 41 | €47,752 | €69,877 | +€22,125 | +46.3% |
| Cash at bank and in hand | 54/58 | €4,677,534 | €1,726,911 | -€3.0m | -63.1% |
| Deferred charges and accrued income | 490/1 | €24,531 | €7,419 | -€17,112 | -69.8% |
| Total equity and liabilities | 10/49 | €4,749,817 | €1,804,207 | -€2.9m | -62.0% |
| Equity | 10/15 | €4,745,083 | €1,801,856 | -€2.9m | -62.0% |
| Contributions | 10/11 | €10,186,500 | €7,186,500 | -€3.0m | -29.5% |
| Capital | 10 | €10,186,500 | €7,186,500 | -€3.0m | -29.5% |
| Issued capital | 100 | €10,186,500 | €7,186,500 | -€3.0m | -29.5% |
| Profit (loss) carried forward | 14 | -€5,441,417 | -€5,384,644 | +€56,773 | +1.0% |
| Amounts payable | 17/49 | €4,734 | €2,351 | -€2,383 | -50.3% |
| Amounts payable within one year | 42/48 | €4,734 | €0 | -€4,734 | -100.0% |
| Trade debts | 44 | €4,734 | €0 | -€4,734 | -100.0% |
| Suppliers | 440/4 | €4,734 | €0 | -€4,734 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,351 | +€2,351 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,167 | - | -€51,167 | |
| Other operating charges | 640/8 | €1,949 | €0 | -€1,949 | -100.0% |
| Gross operating margin | 9900 | -€51,167 | -€16,976 | +€34,191 | +66.8% |
| Operating profit (loss) | 9901 | -€53,116 | -€16,976 | +€36,140 | +68.0% |
| Financial income | 75/76B | €148,994 | €73,751 | -€75,243 | -50.5% |
| Recurring financial income | 75 | €148,994 | €73,751 | -€75,243 | -50.5% |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €95,878 | €56,773 | -€39,105 | -40.8% |
| Profit (loss) for the period | 9904 | €95,878 | €56,773 | -€39,105 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,878 | €56,773 | -€39,105 | -40.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.