ALTERNATIVE SOLUTIONS: what changed
What changed
ALTERNATIVE SOLUTIONS
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€12,226
2024 · €10,927+€1,299
Equity
€163,792
2024 · €151,566+€12,226
Cash
€5,557
2024 · €5,025+€532
Balance sheet total
€755,513
2024 · €534,435+€221,078
Largest movements
Assets
- Receivables within one year +€294,639
up €294,639 (+171%), from €172,685 to €467,324
of which Trade receivables: +€304,086
- Stocks and contracts -€78,361
down €78,361 (-23.0%), from €340,004 to €261,643
of which Contracts in progress: -€78,500
Equity and liabilities
- Trade debts +€104,310
up €104,310 (+73.4%), from €142,049 to €246,358
- Other debts +€77,558
up €77,558 (+88.5%), from €87,624 to €165,182
- Tax, wage and social debts +€26,985
up €26,985 (+17.6%), from €153,196 to €180,181
of which Remuneration and social security: +€22,210
- Profit (loss) carried forward +€12,226
up €12,226 (+9.4%), from €129,566 to €141,792
Income statement
- Staff costs -€76,625
down €76,625 (-25.2%), from €303,533 to €226,908
- Gross operating margin -€67,373
down €67,373 (-20.5%), from €327,992 to €260,620
- Taxes +€8,328
up €8,328 (+164%), from €5,083 to €13,411
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.
Result 2024
€10,927
Gross operating margin
-€67,373
Staff costs
+€76,625
Depreciation
+€50
Other operating charges
-€333
Financial income
+€176
Financial charges
+€481
Taxes
-€8,328
Result 2025
€12,226
raises the resultlowers the result
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.
From operations
+€6,006
Investment
-€5,474
Financing
€0
Cash 2024
€5,025
From operations (derived)
+€6,006
Net result for the year
+€12,226
Depreciation
+€1,960
Stocks and contracts
+€78,361
Receivables within one year
-€294,639
Deferred charges and accrued income
-€754
Trade debts
+€104,310
Tax, wage and social debts
+€26,985
Other debts
+€77,558
Investment (derived)
-€5,474
Investment in fixed assets (net)
-€5,474
Cash 2025
€5,557
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,435 | €755,513 | +€221,078 | +41.4% |
| Fixed assets | 21/28 | €6,187 | €9,700 | +€3,514 | +56.8% |
| Tangible fixed assets | 22/27 | €2,912 | €6,329 | +€3,418 | +117% |
| Plant, machinery and equipment | 23 | €2,912 | €6,329 | +€3,418 | +117% |
| Financial fixed assets | 28 | €3,275 | €3,371 | +€96 | +2.9% |
| Current assets | 29/58 | €528,248 | €745,812 | +€217,564 | +41.2% |
| Stocks and contracts in progress | 3 | €340,004 | €261,643 | -€78,361 | -23.0% |
| Stocks | 30/36 | €51,654 | €51,793 | +€139 | +0.3% |
| Contracts in progress | 37 | €288,350 | €209,850 | -€78,500 | -27.2% |
| Amounts receivable within one year | 40/41 | €172,685 | €467,324 | +€294,639 | +171% |
| Trade receivables | 40 | €163,238 | €467,324 | +€304,086 | +186% |
| Other amounts receivable | 41 | €9,447 | - | -€9,447 | |
| Cash at bank and in hand | 54/58 | €5,025 | €5,557 | +€532 | +10.6% |
| Deferred charges and accrued income | 490/1 | €10,535 | €11,289 | +€754 | +7.2% |
| Total equity and liabilities | 10/49 | €534,435 | €755,513 | +€221,078 | +41.4% |
| Equity | 10/15 | €151,566 | €163,792 | +€12,226 | +8.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,566 | €141,792 | +€12,226 | +9.4% |
| Amounts payable | 17/49 | €382,869 | €591,721 | +€208,852 | +54.5% |
| Amounts payable within one year | 42/48 | €382,869 | €591,721 | +€208,852 | +54.5% |
| Trade debts | 44 | €142,049 | €246,358 | +€104,310 | +73.4% |
| Suppliers | 440/4 | €142,049 | €246,358 | +€104,310 | +73.4% |
| Taxes, remuneration and social security | 45 | €153,196 | €180,181 | +€26,985 | +17.6% |
| Taxes | 450/3 | €9,939 | €14,714 | +€4,775 | +48.0% |
| Remuneration and social security | 454/9 | €143,257 | €165,467 | +€22,210 | +15.5% |
| Other amounts payable | 47/48 | €87,624 | €165,182 | +€77,558 | +88.5% |
| Remuneration, social security and pensions | 62 | €303,533 | €226,908 | -€76,625 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,010 | €1,960 | -€50 | -2.5% |
| Other operating charges | 640/8 | €957 | €1,289 | +€333 | +34.8% |
| Gross operating margin | 9900 | €327,992 | €260,620 | -€67,373 | -20.5% |
| Operating profit (loss) | 9901 | €21,493 | €30,462 | +€8,970 | +41.7% |
| Financial income | 75/76B | €60 | €235 | +€176 | +295% |
| Recurring financial income | 75 | €60 | €235 | +€176 | +295% |
| Financial charges | 65/66B | €5,542 | €5,061 | -€481 | -8.7% |
| Recurring financial charges | 65 | €5,542 | €5,061 | -€481 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €16,010 | €25,636 | +€9,626 | +60.1% |
| Income taxes | 67/77 | €5,083 | €13,411 | +€8,328 | +164% |
| Profit (loss) for the period | 9904 | €10,927 | €12,226 | +€1,299 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,927 | €12,226 | +€1,299 | +11.9% |
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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 4 November 2026 via checked.be.