ALTERNATIV SYSTEMES: what changed
ALTERNATIV SYSTEMES
Largest movements
- Tangible fixed assets -€8,989
down €8,989 (-3.4%), from €264,354 to €255,365
of which Land and buildings: -€8,015
- Receivables within one year +€2,943
up €2,943 (+53.2%), from €5,528 to €8,471
of which Trade receivables: +€3,325
- Other debts +€22,178
up €22,178 (+28.1%), from €78,789 to €100,967
- Debts after one year -€16,814
down €16,814 (-9.7%), from €173,846 to €157,032
- Profit (loss) carried forward -€16,611
down €16,611 (-110%), from -€15,097 to -€31,709
- Trade debts +€7,787
up €7,787 (+115%), from €6,769 to €14,556
- Tax, wage and social debts -€3,066
down €3,066 (-100%), from €3,066 to €0
of which Taxes: -€3,066
- Gross operating margin -€8,501
down €8,501, from €6,905 to -€1,596
- Staff costs -€4,137
down €4,137 (-100%), from €4,137 to €0
- Other operating charges -€1,883
down €1,883 (-52.4%), from €3,595 to €1,712
- Financial income -€427
down €427 (-100%), from €427 to €0
- Taxes -€279
down €279 (-100%), from €279 to €0
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,097 | €263,861 | -€6,236 | -2.3% |
| Fixed assets | 21/28 | €264,560 | €255,365 | -€9,195 | -3.5% |
| Tangible fixed assets | 22/27 | €264,354 | €255,365 | -€8,989 | -3.4% |
| Land and buildings | 22 | €260,878 | €252,863 | -€8,015 | -3.1% |
| Plant, machinery and equipment | 23 | €3,476 | €2,502 | -€974 | -28.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €206 | €0 | -€206 | -100% |
| Current assets | 29/58 | €5,536 | €8,496 | +€2,959 | +53.5% |
| Amounts receivable within one year | 40/41 | €5,528 | €8,471 | +€2,943 | +53.2% |
| Trade receivables | 40 | €4,826 | €8,151 | +€3,325 | +68.9% |
| Other amounts receivable | 41 | €702 | €320 | -€383 | -54.5% |
| Cash at bank and in hand | 54/58 | €8 | €25 | +€17 | +201% |
| Total equity and liabilities | 10/49 | €270,097 | €263,861 | -€6,236 | -2.3% |
| Equity | 10/15 | -€8,897 | -€25,509 | -€16,611 | -187% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,097 | -€31,709 | -€16,611 | -110% |
| Amounts payable | 17/49 | €278,994 | €289,369 | +€10,375 | +3.7% |
| Amounts payable after more than one year | 17 | €173,846 | €157,032 | -€16,814 | -9.7% |
| Financial debts | 170/4 | €173,846 | €157,032 | -€16,814 | -9.7% |
| Amounts payable within one year | 42/48 | €105,148 | €132,337 | +€27,189 | +25.9% |
| Current portion of amounts payable after more than one year | 42 | €16,523 | €16,814 | +€290 | +1.8% |
| Trade debts | 44 | €6,769 | €14,556 | +€7,787 | +115% |
| Suppliers | 440/4 | €6,769 | €14,556 | +€7,787 | +115% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,066 | €0 | -€3,066 | -100% |
| Taxes | 450/3 | €3,066 | €0 | -€3,066 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €78,789 | €100,967 | +€22,178 | +28.1% |
| Remuneration, social security and pensions | 62 | €4,137 | €0 | -€4,137 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,989 | €8,989 | = | 0.0% |
| Other operating charges | 640/8 | €3,595 | €1,712 | -€1,883 | -52.4% |
| Non-recurring operating charges | 66A | - | €303 | +€303 | |
| Gross operating margin | 9900 | €6,905 | -€1,596 | -€8,501 | |
| Operating profit (loss) | 9901 | -€9,815 | -€12,600 | -€2,785 | -28.4% |
| Financial income | 75/76B | €427 | €0 | -€427 | -100% |
| Recurring financial income | 75 | €427 | €0 | -€427 | -100% |
| Financial charges | 65/66B | €4,121 | €4,011 | -€110 | -2.7% |
| Recurring financial charges | 65 | €4,121 | €4,011 | -€110 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,509 | -€16,611 | -€3,102 | -23.0% |
| Income taxes | 67/77 | €279 | €0 | -€279 | -100% |
| Profit (loss) for the period | 9904 | -€13,788 | -€16,611 | -€2,823 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,788 | -€16,611 | -€2,823 | -20.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.