ALTERNA'TIF: 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.
ALTERNA'TIF
Largest movements
- Tangible fixed assets +€2,866
new in 2025: €2,866
- Cash +€1,713
up €1,713 (+49.2%), from €3,479 to €5,192
mainly Other debts (+€8,923) and Tax, wage and social debts (+€3,233)
- Financial fixed assets -€253
down €253 (-81.0%), from €312 to €59
- Stocks and contracts +€199
up €199 (+3.2%), from €6,175 to €6,374
- Receivables within one year -€152
no longer reported in 2025 (was €152)
- Other debts +€8,923
up €8,923 (+21.6%), from €41,231 to €50,154
- Profit (loss) carried forward -€8,875
down €8,875 (-19.9%), from -€44,556 to -€53,430
- Tax, wage and social debts +€3,233
up €3,233 (+27.9%), from €11,574 to €14,808
of which Remuneration and social security: +€2,056
- Current portion of long-term debt +€703
new in 2025: €703
- Trade debts +€390
up €390 (+99.6%), from €392 to €782
- Staff costs +€11,331
up €11,331 (+28.0%), from €40,498 to €51,828
- Gross operating margin +€6,910
up €6,910 (+17.1%), from €40,355 to €47,265
- Other operating charges +€2,343
up €2,343 (+1,574%), from €149 to €2,492
- Depreciation +€1,192
up €1,192 (+1,717%), from €69 to €1,261
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 | €10,142 | €14,517 | +€4,376 | +43.1% |
| Fixed assets | 21/28 | €312 | €2,925 | +€2,613 | +837% |
| Tangible fixed assets | 22/27 | - | €2,866 | +€2,866 | |
| Furniture and vehicles | 24 | - | €2,866 | +€2,866 | |
| Financial fixed assets | 28 | €312 | €59 | -€253 | -81.0% |
| Current assets | 29/58 | €9,829 | €11,592 | +€1,762 | +17.9% |
| Stocks and contracts in progress | 3 | €6,175 | €6,374 | +€199 | +3.2% |
| Stocks | 30/36 | €6,175 | €6,374 | +€199 | +3.2% |
| Amounts receivable within one year | 40/41 | €152 | - | -€152 | |
| Other amounts receivable | 41 | €152 | - | -€152 | |
| Cash at bank and in hand | 54/58 | €3,479 | €5,192 | +€1,713 | +49.2% |
| Deferred charges and accrued income | 490/1 | €24 | €26 | +€2 | +7.0% |
| Total equity and liabilities | 10/49 | €10,142 | €14,517 | +€4,376 | +43.1% |
| Equity | 10/15 | -€43,056 | -€51,930 | -€8,875 | -20.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,556 | -€53,430 | -€8,875 | -19.9% |
| Amounts payable | 17/49 | €53,197 | €66,448 | +€13,250 | +24.9% |
| Amounts payable within one year | 42/48 | €53,197 | €66,448 | +€13,250 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | - | €703 | +€703 | |
| Trade debts | 44 | €392 | €782 | +€390 | +99.6% |
| Suppliers | 440/4 | €392 | €782 | +€390 | +99.6% |
| Taxes, remuneration and social security | 45 | €11,574 | €14,808 | +€3,233 | +27.9% |
| Taxes | 450/3 | €5,608 | €6,785 | +€1,177 | +21.0% |
| Remuneration and social security | 454/9 | €5,966 | €8,023 | +€2,056 | +34.5% |
| Other amounts payable | 47/48 | €41,231 | €50,154 | +€8,923 | +21.6% |
| Remuneration, social security and pensions | 62 | €40,498 | €51,828 | +€11,331 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69 | €1,261 | +€1,192 | +1,717% |
| Other operating charges | 640/8 | €149 | €2,492 | +€2,343 | +1,574% |
| Gross operating margin | 9900 | €40,355 | €47,265 | +€6,910 | +17.1% |
| Operating profit (loss) | 9901 | -€361 | -€8,317 | -€7,956 | -2,203% |
| Financial charges | 65/66B | €403 | €387 | -€16 | -4.0% |
| Recurring financial charges | 65 | €403 | €387 | -€16 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€764 | -€8,704 | -€7,940 | -1,039% |
| Income taxes | 67/77 | €177 | €171 | -€6 | -3.3% |
| Profit (loss) for the period | 9904 | -€941 | -€8,875 | -€7,934 | -843% |
| Profit (loss) for the period to be appropriated | 9905 | -€941 | -€8,875 | -€7,934 | -843% |
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 17 October 2026 via checked.be.