Alpode: 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.
Alpode
Largest movements
- Tangible fixed assets -€2,520
down €2,520 (-25.1%), from €10,029 to €7,509
- Cash -€2,497
down €2,497 (-99.8%), from €2,502 to €5
mainly Net result for the year (-€27,820) and Tax, wage and social debts (-€4,125)
- Receivables within one year +€2,415
up €2,415 (+188%), from €1,284 to €3,699
of which Trade receivables: +€1,246
- Profit (loss) carried forward -€27,820
down €27,820, from €6,113 to -€21,707
- Other debts +€14,402
up €14,402 (+2,221%), from €648 to €15,050
- Trade debts +€8,505
up €8,505 (+923%), from €921 to €9,426
- Short-term financial debts +€6,435
new in 2025: €6,435
- Tax, wage and social debts -€4,125
down €4,125 (-67.3%), from €6,132 to €2,007
of which Remuneration and social security: -€4,125
- Gross operating margin -€34,568
down €34,568, from €10,597 to -€23,971
- Taxes -€1,600
no longer reported in 2025 (was €1,600)
- Financial charges +€886
up €886 (+1,941%), from €46 to €931
- Depreciation +€769
up €769 (+43.9%), from €1,751 to €2,520
- Other operating charges -€690
down €690 (-63.5%), from €1,087 to €397
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 | €13,815 | €11,213 | -€2,602 | -18.8% |
| Fixed assets | 21/28 | €10,029 | €7,509 | -€2,520 | -25.1% |
| Tangible fixed assets | 22/27 | €10,029 | €7,509 | -€2,520 | -25.1% |
| Furniture and vehicles | 24 | €10,029 | €7,509 | -€2,520 | -25.1% |
| Current assets | 29/58 | €3,786 | €3,704 | -€82 | -2.2% |
| Amounts receivable within one year | 40/41 | €1,284 | €3,699 | +€2,415 | +188% |
| Trade receivables | 40 | - | €1,246 | +€1,246 | |
| Other amounts receivable | 41 | €1,284 | €2,453 | +€1,169 | +91.0% |
| Cash at bank and in hand | 54/58 | €2,502 | €5 | -€2,497 | -99.8% |
| Total equity and liabilities | 10/49 | €13,815 | €11,213 | -€2,602 | -18.8% |
| Equity | 10/15 | €6,113 | -€21,706 | -€27,819 | |
| Contributions | 10/11 | - | €1 | +€1 | |
| Profit (loss) carried forward | 14 | €6,113 | -€21,707 | -€27,820 | |
| Amounts payable | 17/49 | €7,702 | €32,919 | +€25,217 | +327% |
| Amounts payable within one year | 42/48 | €7,702 | €32,919 | +€25,217 | +327% |
| Financial debts | 43 | - | €6,435 | +€6,435 | |
| Other loans | 439 | - | €6,435 | +€6,435 | |
| Trade debts | 44 | €921 | €9,426 | +€8,505 | +923% |
| Suppliers | 440/4 | €921 | €9,426 | +€8,505 | +923% |
| Taxes, remuneration and social security | 45 | €6,132 | €2,007 | -€4,125 | -67.3% |
| Taxes | 450/3 | €1,600 | €1,600 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,532 | €407 | -€4,125 | -91.0% |
| Other amounts payable | 47/48 | €648 | €15,050 | +€14,402 | +2,221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,751 | €2,520 | +€769 | +43.9% |
| Other operating charges | 640/8 | €1,087 | €397 | -€690 | -63.5% |
| Gross operating margin | 9900 | €10,597 | -€23,971 | -€34,568 | |
| Operating profit (loss) | 9901 | €7,759 | -€26,889 | -€34,647 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €46 | €931 | +€886 | +1,941% |
| Recurring financial charges | 65 | €46 | €931 | +€886 | +1,941% |
| Profit (loss) for the period before taxes | 9903 | €7,713 | -€27,820 | -€35,533 | |
| Income taxes | 67/77 | €1,600 | - | -€1,600 | |
| Profit (loss) for the period | 9904 | €6,113 | -€27,820 | -€33,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,113 | -€27,820 | -€33,933 |
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 13 October 2026 via checked.be.