ALTERNATIVA: 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.
ALTERNATIVA
Largest movements
- Tangible fixed assets -€2,220
down €2,220 (-8.3%), from €26,659 to €24,439
- Cash +€445
up €445 (+20.9%), from €2,129 to €2,574
mainly Depreciation (+€2,220) and Investment in fixed assets (net) (+€238)
- Profit (loss) carried forward -€2,013
down €2,013 (-6.1%), from -€33,096 to -€35,108
- Turnover +€3,000
new in 2025: €3,000
- Purchases and services +€1,847
new in 2025: €1,847
- Depreciation -€397
down €397 (-15.2%), from €2,617 to €2,220
- Gross operating margin -€212
down €212 (-15.5%), from €1,366 to €1,153
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 | €29,503 | €27,490 | -€2,013 | -6.8% |
| Formation expenses | 20 | €714 | €476 | -€238 | -33.3% |
| Fixed assets | 21/28 | €26,659 | €24,439 | -€2,220 | -8.3% |
| Tangible fixed assets | 22/27 | €26,659 | €24,439 | -€2,220 | -8.3% |
| Land and buildings | 22 | €26,659 | €24,439 | -€2,220 | -8.3% |
| Current assets | 29/58 | €2,129 | €2,574 | +€445 | +20.9% |
| Cash at bank and in hand | 54/58 | €2,129 | €2,574 | +€445 | +20.9% |
| Total equity and liabilities | 10/49 | €29,503 | €27,490 | -€2,013 | -6.8% |
| Equity | 10/15 | -€14,504 | -€16,516 | -€2,013 | -13.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | - | -€18,592 | |
| Other | 1109/19 | €18,592 | - | -€18,592 | |
| Profit (loss) carried forward | 14 | -€33,096 | -€35,108 | -€2,013 | -6.1% |
| Amounts payable | 17/49 | €44,007 | €44,007 | = | 0.0% |
| Amounts payable within one year | 42/48 | €43,757 | €43,757 | = | 0.0% |
| Other amounts payable | 47/48 | €43,757 | €43,757 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Turnover | 70 | - | €3,000 | +€3,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,847 | +€1,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,617 | €2,220 | -€397 | -15.2% |
| Other operating charges | 640/8 | €604 | €622 | +€18 | +2.9% |
| Non-recurring operating charges | 66A | - | €238 | +€238 | |
| Gross operating margin | 9900 | €1,366 | €1,153 | -€212 | -15.5% |
| Operating profit (loss) | 9901 | -€1,855 | -€1,926 | -€71 | -3.8% |
| Financial charges | 65/66B | €86 | €87 | +€1 | +0.9% |
| Recurring financial charges | 65 | €86 | €87 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,941 | -€2,013 | -€72 | -3.7% |
| Profit (loss) for the period | 9904 | -€1,941 | -€2,013 | -€72 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,941 | -€2,013 | -€72 | -3.7% |
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 9 October 2026 via checked.be.