ALPY: 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.
ALPY
Largest movements
- Receivables within one year +€52,564
up €52,564 (+144.8%), from €36,302 to €88,866
of which Other amounts receivable: +€49,758
- Cash -€4,137
down €4,137 (-62.5%), from €6,615 to €2,478
mainly Receivables within one year (-€52,564) and Deferred charges and accrued income (-€123)
- Debts after one year +€26,550
new in 2024: €26,550
- Reserves +€10,605
up €10,605 (+46.9%), from €22,591 to €33,196
- Current portion of long-term debt +€5,945
new in 2024: €5,945
- Trade debts +€4,029
new in 2024: €4,029
- Staff costs -€4,013
down €4,013 (-21.9%), from €18,358 to €14,345
- Financial charges +€2,955
up €2,955 (+238.9%), from €1,237 to €4,192
- Financial income +€1,964
up €1,964 (+404.7%), from €485 to €2,450
- Gross operating margin -€1,045
down €1,045 (-2.9%), from €35,720 to €34,675
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,253 | €93,257 | +€48,004 | +106.1% |
| Fixed assets | 21/28 | €2,336 | €1,791 | -€545 | -23.3% |
| Tangible fixed assets | 22/27 | €1,086 | €541 | -€545 | -50.2% |
| Plant, machinery and equipment | 23 | €1,086 | €541 | -€545 | -50.2% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €42,917 | €91,466 | +€48,549 | +113.1% |
| Amounts receivable within one year | 40/41 | €36,302 | €88,866 | +€52,564 | +144.8% |
| Trade receivables | 40 | €18,597 | €21,403 | +€2,806 | +15.1% |
| Other amounts receivable | 41 | €17,704 | €67,463 | +€49,758 | +281.1% |
| Cash at bank and in hand | 54/58 | €6,615 | €2,478 | -€4,137 | -62.5% |
| Deferred charges and accrued income | 490/1 | - | €123 | +€123 | |
| Total equity and liabilities | 10/49 | €45,253 | €93,257 | +€48,004 | +106.1% |
| Equity | 10/15 | €25,591 | €36,196 | +€10,605 | +41.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,591 | €33,196 | +€10,605 | +46.9% |
| Distributable reserves | 133 | €22,591 | €33,196 | +€10,605 | +46.9% |
| Amounts payable | 17/49 | €19,661 | €57,061 | +€37,400 | +190.2% |
| Amounts payable after more than one year | 17 | - | €26,550 | +€26,550 | |
| Financial debts | 170/4 | - | €26,550 | +€26,550 | |
| Amounts payable within one year | 42/48 | €19,661 | €30,511 | +€10,849 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,945 | +€5,945 | |
| Trade debts | 44 | - | €4,029 | +€4,029 | |
| Suppliers | 440/4 | - | €4,029 | +€4,029 | |
| Taxes, remuneration and social security | 45 | €17,411 | €18,287 | +€876 | +5.0% |
| Taxes | 450/3 | €17,411 | €16,159 | -€1,252 | -7.2% |
| Remuneration and social security | 454/9 | - | €2,128 | +€2,128 | |
| Other amounts payable | 47/48 | €2,250 | €2,250 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €18,358 | €14,345 | -€4,013 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €545 | €545 | = | 0.0% |
| Other operating charges | 640/8 | €2,430 | €2,324 | -€106 | -4.4% |
| Gross operating margin | 9900 | €35,720 | €34,675 | -€1,045 | -2.9% |
| Operating profit (loss) | 9901 | €14,386 | €17,460 | +€3,074 | +21.4% |
| Financial income | 75/76B | €485 | €2,450 | +€1,964 | +404.7% |
| Recurring financial income | 75 | €485 | €2,450 | +€1,964 | +404.7% |
| Financial charges | 65/66B | €1,237 | €4,192 | +€2,955 | +238.9% |
| Recurring financial charges | 65 | €1,237 | €4,192 | +€2,955 | +238.9% |
| Profit (loss) for the period before taxes | 9903 | €13,635 | €15,718 | +€2,083 | +15.3% |
| Income taxes | 67/77 | €5,086 | €5,114 | +€27 | +0.5% |
| Profit (loss) for the period | 9904 | €8,548 | €10,605 | +€2,056 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,548 | €10,605 | +€2,056 | +24.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.