Alsega: 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.
Alsega
Largest movements
- Cash +€18,535
up €18,535 (+201%), from €9,207 to €27,742
mainly Net result for the year (+€16,396) and Depreciation (+€2,088)
- Receivables within one year +€2,434
up €2,434 (+206%), from €1,179 to €3,613
of which Trade receivables: +€1,464
- Tangible fixed assets -€1,119
down €1,119 (-21.8%), from €5,133 to €4,014
of which Furniture and vehicles: -€1,161
- Reserves +€13,629
up €13,629 (+4,264%), from €320 to €13,949
- Profit (loss) carried forward +€2,766
up €2,766, from -€2,766 to €0
- Tax, wage and social debts +€2,039
up €2,039 (+39.8%), from €5,129 to €7,168
of which Remuneration and social security: +€2,342
- Trade debts +€1,881
up €1,881 (+408%), from €461 to €2,342
- Other debts -€465
down €465 (-17.7%), from €2,625 to €2,160
- Gross operating margin +€21,896
up €21,896 (+76.8%), from €28,511 to €50,406
- Staff costs +€8,633
up €8,633 (+45.4%), from €18,996 to €27,629
- Financial charges +€982
up €982 (+233%), from €421 to €1,403
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 | €24,369 | €44,219 | +€19,851 | +81.5% |
| Fixed assets | 21/28 | €13,983 | €12,864 | -€1,119 | -8.0% |
| Tangible fixed assets | 22/27 | €5,133 | €4,014 | -€1,119 | -21.8% |
| Plant, machinery and equipment | 23 | €1,136 | €1,179 | +€43 | +3.8% |
| Furniture and vehicles | 24 | €3,997 | €2,835 | -€1,161 | -29.1% |
| Financial fixed assets | 28 | €8,850 | €8,850 | = | 0.0% |
| Current assets | 29/58 | €10,386 | €31,355 | +€20,969 | +202% |
| Amounts receivable within one year | 40/41 | €1,179 | €3,613 | +€2,434 | +206% |
| Trade receivables | 40 | - | €1,464 | +€1,464 | |
| Other amounts receivable | 41 | €1,179 | €2,149 | +€970 | +82.3% |
| Cash at bank and in hand | 54/58 | €9,207 | €27,742 | +€18,535 | +201% |
| Total equity and liabilities | 10/49 | €24,369 | €44,219 | +€19,851 | +81.5% |
| Equity | 10/15 | €16,153 | €32,549 | +€16,396 | +102% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320 | €13,949 | +€13,629 | +4,264% |
| Distributable reserves | 133 | €320 | €13,949 | +€13,629 | +4,264% |
| Profit (loss) carried forward | 14 | -€2,766 | €0 | +€2,766 | |
| Amounts payable | 17/49 | €8,216 | €11,670 | +€3,455 | +42.1% |
| Amounts payable within one year | 42/48 | €8,216 | €11,670 | +€3,455 | +42.1% |
| Trade debts | 44 | €461 | €2,342 | +€1,881 | +408% |
| Suppliers | 440/4 | €461 | €2,342 | +€1,881 | +408% |
| Taxes, remuneration and social security | 45 | €5,129 | €7,168 | +€2,039 | +39.8% |
| Taxes | 450/3 | €5,129 | €4,826 | -€303 | -5.9% |
| Remuneration and social security | 454/9 | - | €2,342 | +€2,342 | |
| Other amounts payable | 47/48 | €2,625 | €2,160 | -€465 | -17.7% |
| Remuneration, social security and pensions | 62 | €18,996 | €27,629 | +€8,633 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,677 | €2,088 | +€411 | +24.5% |
| Other operating charges | 640/8 | €457 | €304 | -€153 | -33.4% |
| Gross operating margin | 9900 | €28,511 | €50,406 | +€21,896 | +76.8% |
| Operating profit (loss) | 9901 | €7,381 | €20,385 | +€13,004 | +176% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €421 | €1,403 | +€982 | +233% |
| Recurring financial charges | 65 | €421 | €1,403 | +€982 | +233% |
| Profit (loss) for the period before taxes | 9903 | €6,960 | €18,982 | +€12,022 | +173% |
| Income taxes | 67/77 | €2,789 | €2,586 | -€203 | -7.3% |
| Profit (loss) for the period | 9904 | €4,171 | €16,396 | +€12,225 | +293% |
| Profit (loss) for the period to be appropriated | 9905 | €4,171 | €16,396 | +€12,225 | +293% |
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 31 October 2026 via checked.be.