ALTERN & TAKE: 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.
ALTERN & TAKE
Largest movements
- Receivables within one year +€142,152
up €142,152 (+13.6%), from €1.0m to €1.2m
of which Other amounts receivable: +€163,847
- Cash -€128,532
down €128,532 (-54.2%), from €236,987 to €108,455
mainly Receivables within one year (-€142,152) and Tax, wage and social debts (-€7,837)
- Reserves +€25,751
up €25,751 (+1.2%), from €2.1m to €2.1m
of which Distributable reserves: +€25,751
- Gross operating margin +€17,974
up €17,974 (+268.0%), from €6,708 to €24,682
- Financial income -€5,419
down €5,419 (-31.0%), from €17,472 to €12,053
of which Financial income: -€4,420
- Taxes +€3,159
up €3,159 (+56.3%), from €5,611 to €8,770
- Other operating charges +€408
up €408 (+36.7%), from €1,110 to €1,518
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 | €2,167,301 | €2,183,870 | +€16,569 | +0.8% |
| Fixed assets | 21/28 | €478,312 | €478,674 | +€362 | +0.1% |
| Tangible fixed assets | 22/27 | €2,083 | €1,446 | -€637 | -30.6% |
| Furniture and vehicles | 24 | €2,083 | €1,446 | -€637 | -30.6% |
| Financial fixed assets | 28 | €476,229 | €477,228 | +€999 | +0.2% |
| Current assets | 29/58 | €1,688,989 | €1,705,196 | +€16,207 | +1.0% |
| Amounts receivable after more than one year | 29 | €403,672 | €406,000 | +€2,328 | +0.6% |
| Other amounts receivable | 291 | €403,672 | €406,000 | +€2,328 | +0.6% |
| Amounts receivable within one year | 40/41 | €1,047,795 | €1,189,947 | +€142,152 | +13.6% |
| Trade receivables | 40 | €37,225 | €15,530 | -€21,695 | -58.3% |
| Other amounts receivable | 41 | €1,010,570 | €1,174,417 | +€163,847 | +16.2% |
| Cash at bank and in hand | 54/58 | €236,987 | €108,455 | -€128,532 | -54.2% |
| Deferred charges and accrued income | 490/1 | €534 | €793 | +€259 | +48.5% |
| Total equity and liabilities | 10/49 | €2,167,301 | €2,183,870 | +€16,569 | +0.8% |
| Equity | 10/15 | €2,156,144 | €2,181,895 | +€25,751 | +1.2% |
| Contributions | 10/11 | €66,234 | €66,234 | = | 0.0% |
| Reserves | 13 | €2,089,910 | €2,115,661 | +€25,751 | +1.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,089,910 | €2,115,661 | +€25,751 | +1.2% |
| Amounts payable | 17/49 | €11,157 | €1,975 | -€9,182 | -82.3% |
| Amounts payable within one year | 42/48 | €11,157 | €1,975 | -€9,182 | -82.3% |
| Trade debts | 44 | €3,320 | €1,975 | -€1,345 | -40.5% |
| Suppliers | 440/4 | €3,320 | €1,975 | -€1,345 | -40.5% |
| Taxes, remuneration and social security | 45 | €7,837 | €0 | -€7,837 | -100.0% |
| Taxes | 450/3 | €7,837 | €0 | -€7,837 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €637 | -€194 | -23.3% |
| Other operating charges | 640/8 | €1,110 | €1,518 | +€408 | +36.7% |
| Gross operating margin | 9900 | €6,708 | €24,682 | +€17,974 | +268.0% |
| Operating profit (loss) | 9901 | €4,766 | €22,527 | +€17,760 | +372.6% |
| Financial income | 75/76B | €17,472 | €12,053 | -€5,419 | -31.0% |
| Recurring financial income | 75 | €16,473 | €12,053 | -€4,420 | -26.8% |
| Non-recurring financial income | 76B | €999 | €0 | -€999 | -100.0% |
| Financial charges | 65/66B | €51 | €58 | +€7 | +13.7% |
| Recurring financial charges | 65 | €51 | €58 | +€7 | +13.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €22,187 | €34,521 | +€12,334 | +55.6% |
| Income taxes | 67/77 | €5,611 | €8,770 | +€3,159 | +56.3% |
| Profit (loss) for the period | 9904 | €16,576 | €25,751 | +€9,175 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,576 | €25,751 | +€9,175 | +55.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.