Alsavin: 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.
Alsavin
Largest movements
- Receivables within one year +€1,095
up €1,095 (+336.9%), from €325 to €1,420
- Stocks and contracts -€1,089
down €1,089 (-7.4%), from €14,801 to €13,712
- Cash -€885
down €885 (-69.4%), from €1,276 to €391
mainly Net result for the year (-€3,825) and Receivables within one year (-€1,095)
- Profit (loss) carried forward -€3,825
down €3,825 (-47.1%), from -€8,128 to -€11,953
- Tax, wage and social debts +€1,701
up €1,701 (+216.1%), from €787 to €2,488
- Short-term financial debts +€663
new in 2025: €663
- Other debts +€255
up €255 (+3.4%), from €7,399 to €7,654
- Trade debts +€239
up €239 (+87.2%), from €274 to €513
- Gross operating margin -€4,260
down €4,260, from €1,244 to -€3,016
- Financial charges +€189
up €189 (+37.1%), from €510 to €699
- Depreciation -€179
down €179 (-67.0%), from €267 to €88
- Other operating charges -€63
down €63 (-56.3%), from €112 to €49
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 | €17,148 | €16,181 | -€967 | -5.6% |
| Fixed assets | 21/28 | €746 | €658 | -€88 | -11.8% |
| Tangible fixed assets | 22/27 | €246 | €158 | -€88 | -35.8% |
| Furniture and vehicles | 24 | €246 | €158 | -€88 | -35.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €16,402 | €15,523 | -€879 | -5.4% |
| Stocks and contracts in progress | 3 | €14,801 | €13,712 | -€1,089 | -7.4% |
| Stocks | 30/36 | €14,801 | €13,712 | -€1,089 | -7.4% |
| Amounts receivable within one year | 40/41 | €325 | €1,420 | +€1,095 | +336.9% |
| Trade receivables | 40 | €325 | €1,420 | +€1,095 | +336.9% |
| Cash at bank and in hand | 54/58 | €1,276 | €391 | -€885 | -69.4% |
| Total equity and liabilities | 10/49 | €17,148 | €16,181 | -€967 | -5.6% |
| Equity | 10/15 | €8,688 | €4,863 | -€3,825 | -44.0% |
| Contributions | 10/11 | €16,816 | €16,816 | = | 0.0% |
| Contributions outside capital | 11 | €16,816 | - | -€16,816 | |
| Other | 1109/19 | €16,816 | - | -€16,816 | |
| Profit (loss) carried forward | 14 | -€8,128 | -€11,953 | -€3,825 | -47.1% |
| Amounts payable | 17/49 | €8,460 | €11,318 | +€2,858 | +33.8% |
| Amounts payable within one year | 42/48 | €8,460 | €11,318 | +€2,858 | +33.8% |
| Financial debts | 43 | - | €663 | +€663 | |
| Credit institutions | 430/8 | - | €663 | +€663 | |
| Trade debts | 44 | €274 | €513 | +€239 | +87.2% |
| Suppliers | 440/4 | €274 | €513 | +€239 | +87.2% |
| Taxes, remuneration and social security | 45 | €787 | €2,488 | +€1,701 | +216.1% |
| Taxes | 450/3 | €787 | €2,488 | +€1,701 | +216.1% |
| Other amounts payable | 47/48 | €7,399 | €7,654 | +€255 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267 | €88 | -€179 | -67.0% |
| Other operating charges | 640/8 | €112 | €49 | -€63 | -56.3% |
| Non-recurring operating charges | 66A | €62 | - | -€62 | |
| Gross operating margin | 9900 | €1,244 | -€3,016 | -€4,260 | |
| Operating profit (loss) | 9901 | €803 | -€3,153 | -€3,956 | |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €510 | €699 | +€189 | +37.1% |
| Recurring financial charges | 65 | €510 | €699 | +€189 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €293 | -€3,825 | -€4,118 | |
| Profit (loss) for the period | 9904 | €293 | -€3,825 | -€4,118 | |
| Profit (loss) for the period to be appropriated | 9905 | €293 | -€3,825 | -€4,118 |
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 12 October 2026 via checked.be.