ALTER EGO CONSTRUCT: 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.
ALTER EGO CONSTRUCT
Largest movements
- Cash -€7,594
down €7,594 (-89.5%), from €8,489 to €895
mainly Net result for the year (-€15,066) and Debts after one year (-€10,900)
- Tangible fixed assets -€6,546
down €6,546 (-2.2%), from €293,324 to €286,778
of which Land and buildings: -€6,546
- Profit (loss) carried forward -€15,066
down €15,066 (-27.9%), from -€54,021 to -€69,087
- Other debts +€12,725
up €12,725 (+7.7%), from €164,338 to €177,063
- Debts after one year -€10,900
down €10,900 (-6.3%), from €173,869 to €162,969
- Gross operating margin -€48,184
down €48,184 (-85.4%), from €56,405 to €8,221
- Other operating charges +€2,918
up €2,918 (+724.7%), from €403 to €3,321
- Depreciation -€951
down €951 (-8.8%), from €10,821 to €9,870
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 | €302,410 | €288,043 | -€14,368 | -4.8% |
| Fixed assets | 21/28 | €293,324 | €286,778 | -€6,546 | -2.2% |
| Tangible fixed assets | 22/27 | €293,324 | €286,778 | -€6,546 | -2.2% |
| Land and buildings | 22 | €293,324 | €286,778 | -€6,546 | -2.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €9,087 | €1,265 | -€7,822 | -86.1% |
| Amounts receivable within one year | 40/41 | €597 | €370 | -€227 | -38.1% |
| Other amounts receivable | 41 | €597 | €370 | -€227 | -38.1% |
| Cash at bank and in hand | 54/58 | €8,489 | €895 | -€7,594 | -89.5% |
| Total equity and liabilities | 10/49 | €302,410 | €288,043 | -€14,368 | -4.8% |
| Equity | 10/15 | -€47,823 | -€62,890 | -€15,066 | -31.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,021 | -€69,087 | -€15,066 | -27.9% |
| Amounts payable | 17/49 | €350,233 | €350,932 | +€699 | +0.2% |
| Amounts payable after more than one year | 17 | €173,869 | €162,969 | -€10,900 | -6.3% |
| Financial debts | 170/4 | €173,869 | €162,969 | -€10,900 | -6.3% |
| Amounts payable within one year | 42/48 | €176,364 | €187,963 | +€11,598 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €10,452 | €10,900 | +€448 | +4.3% |
| Trade debts | 44 | €1,574 | - | -€1,574 | |
| Suppliers | 440/4 | €1,574 | - | -€1,574 | |
| Other amounts payable | 47/48 | €164,338 | €177,063 | +€12,725 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,821 | €9,870 | -€951 | -8.8% |
| Other operating charges | 640/8 | €403 | €3,321 | +€2,918 | +724.7% |
| Non-recurring operating charges | 66A | - | €2,131 | +€2,131 | |
| Gross operating margin | 9900 | €56,405 | €8,221 | -€48,184 | -85.4% |
| Operating profit (loss) | 9901 | €45,181 | -€7,101 | -€52,283 | |
| Financial charges | 65/66B | €8,222 | €7,965 | -€257 | -3.1% |
| Recurring financial charges | 65 | €8,222 | €7,965 | -€257 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €36,959 | -€15,066 | -€52,025 | |
| Profit (loss) for the period | 9904 | €36,959 | -€15,066 | -€52,025 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,959 | -€15,066 | -€52,025 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.