Alternative Green: 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.
Alternative Green
Largest movements
- Receivables after one year +€2.0m
new in 2024: €2.0m
- Financial fixed assets -€829,750
down €829,750 (-22.2%), from €3.7m to €2.9m
- Stocks and contracts -€560,631
down €560,631 (-59.8%), from €938,056 to €377,425
- Deferred charges and accrued income +€289,894
up €289,894 (+56284.6%), from €515 to €290,409
- Cash -€138,722
down €138,722 (-92.7%), from €149,723 to €11,001
mainly Receivables after one year (-€2.0m) and Debts after one year (-€1.6m)
- Profit (loss) carried forward +€3.4m
up €3.4m (+236.3%), from €1.4m to €4.8m
- Debts after one year -€1.6m
down €1.6m (-100.0%), from €1.6m to €0
- Revaluation surpluses -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Trade debts +€228,832
up €228,832 (+137.9%), from €165,929 to €394,761
- Current portion of long-term debt -€228,619
down €228,619 (-100.0%), from €228,619 to €0
- Financial income +€3.5m
up €3.5m (+7346.5%), from €48,115 to €3.6m
- Gross operating margin -€36,888
down €36,888 (-248.7%), from -€14,834 to -€51,722
- Financial charges +€36,703
up €36,703 (+29.2%), from €125,856 to €162,558
- Write-downs -€34,912
new in 2024: -€34,912
- Other operating charges +€957
up €957 (+99.7%), from €960 to €1,918
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,918,613 | €5,765,376 | +€846,763 | +17.2% |
| Fixed assets | 21/28 | €3,751,165 | €2,919,776 | -€831,388 | -22.2% |
| Tangible fixed assets | 22/27 | €6,248 | €4,610 | -€1,638 | -26.2% |
| Land and buildings | 22 | €6,248 | €4,610 | -€1,638 | -26.2% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €3,744,916 | €2,915,166 | -€829,750 | -22.2% |
| Current assets | 29/58 | €1,167,449 | €2,845,599 | +€1.7m | +143.7% |
| Amounts receivable after more than one year | 29 | - | €2,003,483 | +€2.0m | |
| Other amounts receivable | 291 | - | €2,003,483 | +€2.0m | |
| Stocks and contracts in progress | 3 | €938,056 | €377,425 | -€560,631 | -59.8% |
| Stocks | 30/36 | €938,056 | €377,425 | -€560,631 | -59.8% |
| Amounts receivable within one year | 40/41 | €79,155 | €163,282 | +€84,127 | +106.3% |
| Trade receivables | 40 | €48,028 | €116,861 | +€68,833 | +143.3% |
| Other amounts receivable | 41 | €31,127 | €46,421 | +€15,295 | +49.1% |
| Cash at bank and in hand | 54/58 | €149,723 | €11,001 | -€138,722 | -92.7% |
| Deferred charges and accrued income | 490/1 | €515 | €290,409 | +€289,894 | +56284.6% |
| Total equity and liabilities | 10/49 | €4,918,613 | €5,765,376 | +€846,763 | +17.2% |
| Equity | 10/15 | €2,528,624 | €4,907,219 | +€2.4m | +94.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €1,021,322 | €0 | -€1.0m | -100.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,439,102 | €4,839,019 | +€3.4m | +236.3% |
| Provisions and deferred taxes | 16 | €26,543 | €26,543 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,543 | €26,543 | = | 0.0% |
| Taxes | 161 | €26,543 | €26,543 | = | 0.0% |
| Amounts payable | 17/49 | €2,363,446 | €831,613 | -€1.5m | -64.8% |
| Amounts payable after more than one year | 17 | €1,614,548 | €0 | -€1.6m | -100.0% |
| Other amounts payable | 178/9 | €1,614,548 | €0 | -€1.6m | -100.0% |
| Amounts payable within one year | 42/48 | €487,074 | €502,606 | +€15,533 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €228,619 | €0 | -€228,619 | -100.0% |
| Financial debts | 43 | €66,860 | €0 | -€66,860 | -100.0% |
| Credit institutions | 430/8 | €66,860 | €0 | -€66,860 | -100.0% |
| Trade debts | 44 | €165,929 | €394,761 | +€228,832 | +137.9% |
| Suppliers | 440/4 | €165,929 | €394,761 | +€228,832 | +137.9% |
| Taxes, remuneration and social security | 45 | €3,902 | €6,332 | +€2,430 | +62.3% |
| Taxes | 450/3 | €3,902 | €6,332 | +€2,430 | +62.3% |
| Other amounts payable | 47/48 | €21,763 | €101,513 | +€79,750 | +366.4% |
| Accrued charges and deferred income | 492/3 | €261,825 | €329,007 | +€67,182 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,945 | €1,638 | -€307 | -15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€34,912 | -€34,912 | |
| Other operating charges | 640/8 | €960 | €1,918 | +€957 | +99.7% |
| Gross operating margin | 9900 | -€14,834 | -€51,722 | -€36,888 | -248.7% |
| Operating profit (loss) | 9901 | -€17,739 | -€20,366 | -€2,626 | -14.8% |
| Financial income | 75/76B | €48,115 | €3,582,841 | +€3.5m | +7346.5% |
| Recurring financial income | 75 | €48,115 | €3,582,841 | +€3.5m | +7346.5% |
| Financial charges | 65/66B | €125,856 | €162,558 | +€36,703 | +29.2% |
| Recurring financial charges | 65 | €125,856 | €162,558 | +€36,703 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€95,480 | €3,399,917 | +€3.5m | |
| Profit (loss) for the period | 9904 | -€95,480 | €3,399,917 | +€3.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€95,480 | €3,399,917 | +€3.5m |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.