ALPRINA: 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.
ALPRINA
Largest movements
- Stocks and contracts +€66,850
up €66,850 (+15.1%), from €441,726 to €508,577
- Cash -€52,149
down €52,149 (-19.7%), from €265,153 to €213,004
mainly Investment in fixed assets (net) (-€105,814) and Stocks and contracts (-€66,850)
- Tangible fixed assets +€44,745
up €44,745 (+11.1%), from €401,443 to €446,188
of which Assets under construction and advance payments: +€63,947
- Receivables within one year +€34,645
up €34,645 (+29.0%), from €119,614 to €154,259
of which Trade receivables: +€27,138
- Reserves +€153,625
up €153,625 (+16.5%), from €932,707 to €1.1m
- Current portion of long-term debt -€32,250
down €32,250 (-65.4%), from €49,334 to €17,083
- Debts after one year -€17,083
down €17,083 (-49.7%), from €34,341 to €17,258
- Gross operating margin +€92,770
up €92,770 (+36.6%), from €253,380 to €346,150
- Taxes +€24,662
up €24,662 (+75.0%), from €32,897 to €57,560
- Depreciation -€11,385
down €11,385 (-15.7%), from €72,454 to €61,069
- Staff costs +€10,624
up €10,624 (+22.2%), from €47,820 to €58,444
- Financial charges -€4,386
down €4,386 (-57.7%), from €7,607 to €3,222
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 | €1,249,509 | €1,343,865 | +€94,356 | +7.6% |
| Fixed assets | 21/28 | €401,691 | €446,436 | +€44,745 | +11.1% |
| Tangible fixed assets | 22/27 | €401,443 | €446,188 | +€44,745 | +11.1% |
| Land and buildings | 22 | €352,742 | €353,569 | +€827 | +0.2% |
| Plant, machinery and equipment | 23 | €34,609 | €27,605 | -€7,004 | -20.2% |
| Furniture and vehicles | 24 | €14,092 | €1,066 | -€13,026 | -92.4% |
| Assets under construction and advance payments | 27 | - | €63,947 | +€63,947 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €847,817 | €897,429 | +€49,612 | +5.9% |
| Stocks and contracts in progress | 3 | €441,726 | €508,577 | +€66,850 | +15.1% |
| Stocks | 30/36 | €441,726 | €508,577 | +€66,850 | +15.1% |
| Amounts receivable within one year | 40/41 | €119,614 | €154,259 | +€34,645 | +29.0% |
| Trade receivables | 40 | €101,973 | €129,111 | +€27,138 | +26.6% |
| Other amounts receivable | 41 | €17,641 | €25,148 | +€7,507 | +42.6% |
| Cash at bank and in hand | 54/58 | €265,153 | €213,004 | -€52,149 | -19.7% |
| Deferred charges and accrued income | 490/1 | €21,324 | €21,589 | +€265 | +1.2% |
| Total equity and liabilities | 10/49 | €1,249,509 | €1,343,865 | +€94,356 | +7.6% |
| Equity | 10/15 | €1,119,707 | €1,273,332 | +€153,625 | +13.7% |
| Contributions | 10/11 | €187,000 | €187,000 | = | 0.0% |
| Reserves | 13 | €932,707 | €1,086,332 | +€153,625 | +16.5% |
| Distributable reserves | 133 | €932,707 | €1,086,332 | +€153,625 | +16.5% |
| Amounts payable | 17/49 | €129,802 | €70,533 | -€59,269 | -45.7% |
| Amounts payable after more than one year | 17 | €34,341 | €17,258 | -€17,083 | -49.7% |
| Financial debts | 170/4 | €34,341 | €17,258 | -€17,083 | -49.7% |
| Amounts payable within one year | 42/48 | €95,427 | €53,276 | -€42,151 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €49,334 | €17,083 | -€32,250 | -65.4% |
| Trade debts | 44 | €25,360 | €15,507 | -€9,853 | -38.9% |
| Suppliers | 440/4 | €25,360 | €15,507 | -€9,853 | -38.9% |
| Taxes, remuneration and social security | 45 | €14,733 | €14,593 | -€141 | -1.0% |
| Taxes | 450/3 | €9,317 | €6,449 | -€2,869 | -30.8% |
| Remuneration and social security | 454/9 | €5,416 | €8,144 | +€2,728 | +50.4% |
| Other amounts payable | 47/48 | €6,000 | €6,093 | +€93 | +1.5% |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Remuneration, social security and pensions | 62 | €47,820 | €58,444 | +€10,624 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,454 | €61,069 | -€11,385 | -15.7% |
| Other operating charges | 640/8 | €7,010 | €7,442 | +€432 | +6.2% |
| Gross operating margin | 9900 | €253,380 | €346,150 | +€92,770 | +36.6% |
| Operating profit (loss) | 9901 | €126,096 | €219,195 | +€93,099 | +73.8% |
| Financial income | 75/76B | €890 | €1,212 | +€322 | +36.2% |
| Recurring financial income | 75 | €890 | €1,212 | +€322 | +36.2% |
| Financial charges | 65/66B | €7,607 | €3,222 | -€4,386 | -57.7% |
| Recurring financial charges | 65 | €7,607 | €3,222 | -€4,386 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €119,378 | €217,185 | +€97,807 | +81.9% |
| Income taxes | 67/77 | €32,897 | €57,560 | +€24,662 | +75.0% |
| Profit (loss) for the period | 9904 | €86,481 | €159,625 | +€73,144 | +84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,481 | €159,625 | +€73,144 | +84.6% |
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 8 October 2026 via checked.be.