Alternator: 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.
Alternator
Largest movements
- Receivables within one year -€929
down €929 (-23.6%), from €3,935 to €3,006
of which Trade receivables: -€970
- Tangible fixed assets +€435
up €435 (+2.8%), from €15,505 to €15,941
of which Furniture and vehicles: +€587
- Formation expenses -€259
down €259 (-24.6%), from €1,054 to €795
- Profit (loss) carried forward -€400
down €400 (-0.2%), from -€186,182 to -€186,582
- Trade debts -€325
down €325 (-36.8%), from €885 to €559
- Other debts -€317
down €317 (-0.2%), from €176,236 to €175,919
- Depreciation +€2,611
up €2,611 (+73.5%), from €3,553 to €6,164
- Gross operating margin +€654
up €654 (+11.8%), from €5,527 to €6,181
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
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 | €20,960 | €20,091 | -€869 | -4.1% |
| Formation expenses | 20 | €1,054 | €795 | -€259 | -24.6% |
| Fixed assets | 21/28 | €15,505 | €15,941 | +€435 | +2.8% |
| Tangible fixed assets | 22/27 | €15,505 | €15,941 | +€435 | +2.8% |
| Plant, machinery and equipment | 23 | €13,557 | €13,406 | -€152 | -1.1% |
| Furniture and vehicles | 24 | €1,948 | €2,535 | +€587 | +30.1% |
| Current assets | 29/58 | €4,400 | €3,355 | -€1,045 | -23.8% |
| Amounts receivable within one year | 40/41 | €3,935 | €3,006 | -€929 | -23.6% |
| Trade receivables | 40 | €3,527 | €2,557 | -€970 | -27.5% |
| Other amounts receivable | 41 | €409 | €449 | +€40 | +9.8% |
| Cash at bank and in hand | 54/58 | €218 | €199 | -€19 | -8.8% |
| Deferred charges and accrued income | 490/1 | €247 | €150 | -€97 | -39.2% |
| Total equity and liabilities | 10/49 | €20,960 | €20,091 | -€869 | -4.1% |
| Equity | 10/15 | -€186,182 | -€186,582 | -€400 | -0.2% |
| Profit (loss) carried forward | 14 | -€186,182 | -€186,582 | -€400 | -0.2% |
| Amounts payable | 17/49 | €207,142 | €206,672 | -€469 | -0.2% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Other amounts payable | 178/9 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €177,142 | €176,672 | -€469 | -0.3% |
| Trade debts | 44 | €885 | €559 | -€325 | -36.8% |
| Suppliers | 440/4 | €885 | €559 | -€325 | -36.8% |
| Taxes, remuneration and social security | 45 | €21 | €194 | +€173 | +823% |
| Taxes | 450/3 | €21 | €194 | +€173 | +823% |
| Other amounts payable | 47/48 | €176,236 | €175,919 | -€317 | -0.2% |
| Non-recurring operating income | 76A | €572 | - | -€572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,553 | €6,164 | +€2,611 | +73.5% |
| Other operating charges | 640/8 | €279 | €283 | +€4 | +1.3% |
| Gross operating margin | 9900 | €5,527 | €6,181 | +€654 | +11.8% |
| Operating profit (loss) | 9901 | €1,695 | -€266 | -€1,961 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.7% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.7% |
| Financial charges | 65/66B | €129 | €134 | +€5 | +4.0% |
| Recurring financial charges | 65 | €129 | €134 | +€5 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,577 | -€400 | -€1,976 | |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | €1,577 | -€400 | -€1,976 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,577 | -€400 | -€1,976 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.