ALTERNATIF: 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.
ALTERNATIF
Largest movements
- Receivables within one year -€9,332
down €9,332 (-21.1%), from €44,227 to €34,896
of which Other amounts receivable: -€9,332
- Short-term financial debts -€4,187
down €4,187 (-46.1%), from €9,090 to €4,903
- Tax, wage and social debts -€4,091
down €4,091 (-63.5%), from €6,446 to €2,356
- Trade debts -€1,901
down €1,901 (-84.8%), from €2,243 to €342
- Profit (loss) carried forward +€827
up €827 (+20.6%), from -€4,024 to -€3,197
- Gross operating margin +€5,709
up €5,709, from -€3,373 to €2,336
- Financial income -€718
down €718 (-27.6%), from €2,606 to €1,888
- Other operating charges -€537
down €537 (-43.5%), from €1,234 to €697
- Taxes +€509
up €509 (+261%), from €195 to €704
- Financial charges +€415
up €415 (+26.6%), from €1,559 to €1,974
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,366 | €35,014 | -€9,352 | -21.1% |
| Fixed assets | 21/28 | €23 | €0 | -€23 | -100% |
| Tangible fixed assets | 22/27 | €23 | €0 | -€23 | -100% |
| Furniture and vehicles | 24 | €23 | €0 | -€23 | -100% |
| Current assets | 29/58 | €44,343 | €35,014 | -€9,329 | -21.0% |
| Amounts receivable within one year | 40/41 | €44,227 | €34,896 | -€9,332 | -21.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €44,227 | €34,896 | -€9,332 | -21.1% |
| Deferred charges and accrued income | 490/1 | €116 | €118 | +€2 | +2.0% |
| Total equity and liabilities | 10/49 | €44,366 | €35,014 | -€9,352 | -21.1% |
| Equity | 10/15 | €26,586 | €27,413 | +€827 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,411 | €24,411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €24,411 | €24,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,024 | -€3,197 | +€827 | +20.6% |
| Amounts payable | 17/49 | €17,779 | €7,601 | -€10,179 | -57.3% |
| Amounts payable within one year | 42/48 | €17,779 | €7,601 | -€10,179 | -57.3% |
| Financial debts | 43 | €9,090 | €4,903 | -€4,187 | -46.1% |
| Credit institutions | 430/8 | €9,090 | €4,903 | -€4,187 | -46.1% |
| Trade debts | 44 | €2,243 | €342 | -€1,901 | -84.8% |
| Suppliers | 440/4 | €2,243 | €342 | -€1,901 | -84.8% |
| Taxes, remuneration and social security | 45 | €6,446 | €2,356 | -€4,091 | -63.5% |
| Taxes | 450/3 | €6,446 | €2,356 | -€4,091 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €23 | -€247 | -91.7% |
| Other operating charges | 640/8 | €1,234 | €697 | -€537 | -43.5% |
| Gross operating margin | 9900 | -€3,373 | €2,336 | +€5,709 | |
| Operating profit (loss) | 9901 | -€4,876 | €1,617 | +€6,493 | |
| Financial income | 75/76B | €2,606 | €1,888 | -€718 | -27.6% |
| Recurring financial income | 75 | €2,606 | €1,888 | -€718 | -27.6% |
| Financial charges | 65/66B | €1,559 | €1,974 | +€415 | +26.6% |
| Recurring financial charges | 65 | €1,559 | €1,974 | +€415 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,829 | €1,531 | +€5,360 | |
| Income taxes | 67/77 | €195 | €704 | +€509 | +261% |
| Profit (loss) for the period | 9904 | -€4,024 | €827 | +€4,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,024 | €827 | +€4,852 |
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 19 October 2026 via checked.be.