Alsa Group: what changed
Alsa Group
Largest movements
- Receivables within one year +€5,611
up €5,611 (+6.1%), from €92,324 to €97,935
- Other debts +€28,068
up €28,068 (+27.1%), from €103,707 to €131,775
- Profit (loss) carried forward -€17,785
down €17,785 (-78.6%), from -€22,618 to -€40,403
- Trade debts -€3,933
down €3,933 (-41.5%), from €9,482 to €5,549
- Gross operating margin -€4,322
down €4,322 (-27.5%), from -€15,721 to -€20,043
- Financial charges -€1,532
down €1,532 (-59.5%), from €2,576 to €1,044
- Other operating charges -€1,014
down €1,014 (-35.7%), from €2,836 to €1,822
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,070 | €99,421 | +€6,350 | +6.8% |
| Current assets | 29/58 | €93,070 | €99,421 | +€6,350 | +6.8% |
| Amounts receivable within one year | 40/41 | €92,324 | €97,935 | +€5,611 | +6.1% |
| Other amounts receivable | 41 | €92,324 | €97,935 | +€5,611 | +6.1% |
| Cash at bank and in hand | 54/58 | €6 | €28 | +€22 | +343% |
| Deferred charges and accrued income | 490/1 | €740 | €1,458 | +€718 | +97.0% |
| Total equity and liabilities | 10/49 | €93,070 | €99,421 | +€6,350 | +6.8% |
| Equity | 10/15 | -€20,118 | -€37,903 | -€17,785 | -88.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,618 | -€40,403 | -€17,785 | -78.6% |
| Amounts payable | 17/49 | €113,188 | €137,324 | +€24,135 | +21.3% |
| Amounts payable within one year | 42/48 | €113,188 | €137,324 | +€24,135 | +21.3% |
| Trade debts | 44 | €9,482 | €5,549 | -€3,933 | -41.5% |
| Suppliers | 440/4 | €9,482 | €5,549 | -€3,933 | -41.5% |
| Other amounts payable | 47/48 | €103,707 | €131,775 | +€28,068 | +27.1% |
| Other operating charges | 640/8 | €2,836 | €1,822 | -€1,014 | -35.7% |
| Gross operating margin | 9900 | -€15,721 | -€20,043 | -€4,322 | -27.5% |
| Operating profit (loss) | 9901 | -€18,557 | -€21,865 | -€3,309 | -17.8% |
| Financial income | 75/76B | €5,106 | €5,125 | +€18 | +0.4% |
| Recurring financial income | 75 | €5,106 | €5,125 | +€18 | +0.4% |
| Financial charges | 65/66B | €2,576 | €1,044 | -€1,532 | -59.5% |
| Recurring financial charges | 65 | €2,576 | €1,044 | -€1,532 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | -€16,026 | -€17,785 | -€1,759 | -11.0% |
| Profit (loss) for the period | 9904 | -€16,026 | -€17,785 | -€1,759 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,026 | -€17,785 | -€1,759 | -11.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.