ALVA CONCEPT: 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.
ALVA CONCEPT
Largest movements
- Cash +€20,445
up €20,445 (+13.1%), from €156,090 to €176,534
mainly Net result for the year (+€16,856) and Receivables within one year (+€9,865)
- Receivables within one year -€9,865
down €9,865 (-90.5%), from €10,898 to €1,033
of which Trade receivables: -€10,889
- Reserves +€16,000
up €16,000 (+11.0%), from €146,000 to €162,000
- Tax, wage and social debts -€6,110
down €6,110 (-67.3%), from €9,079 to €2,969
- Gross operating margin -€49,662
down €49,662 (-66.3%), from €74,877 to €25,215
- Taxes -€15,641
down €15,641 (-65.5%), from €23,862 to €8,221
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 | €268,603 | €279,199 | +€10,597 | +3.9% |
| Fixed assets | 21/28 | €709 | €178 | -€531 | -74.8% |
| Tangible fixed assets | 22/27 | €709 | €178 | -€531 | -74.8% |
| Furniture and vehicles | 24 | €709 | €178 | -€531 | -74.8% |
| Current assets | 29/58 | €267,893 | €279,021 | +€11,128 | +4.2% |
| Stocks and contracts in progress | 3 | €210 | - | -€210 | |
| Stocks | 30/36 | €210 | - | -€210 | |
| Amounts receivable within one year | 40/41 | €10,898 | €1,033 | -€9,865 | -90.5% |
| Trade receivables | 40 | €10,889 | - | -€10,889 | |
| Other amounts receivable | 41 | €10 | €1,033 | +€1,024 | +10585.7% |
| Current investments | 50/53 | €100,695 | €101,453 | +€758 | +0.8% |
| Cash at bank and in hand | 54/58 | €156,090 | €176,534 | +€20,445 | +13.1% |
| Total equity and liabilities | 10/49 | €268,603 | €279,199 | +€10,597 | +3.9% |
| Equity | 10/15 | €258,524 | €275,380 | +€16,856 | +6.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €146,000 | €162,000 | +€16,000 | +11.0% |
| Distributable reserves | 133 | €146,000 | €162,000 | +€16,000 | +11.0% |
| Profit (loss) carried forward | 14 | €92,064 | €92,920 | +€856 | +0.9% |
| Amounts payable | 17/49 | €10,079 | €3,819 | -€6,260 | -62.1% |
| Amounts payable within one year | 42/48 | €10,079 | €3,819 | -€6,260 | -62.1% |
| Taxes, remuneration and social security | 45 | €9,079 | €2,969 | -€6,110 | -67.3% |
| Taxes | 450/3 | €9,079 | €2,969 | -€6,110 | -67.3% |
| Other amounts payable | 47/48 | €1,000 | €850 | -€150 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531 | €531 | = | 0.0% |
| Other operating charges | 640/8 | €445 | €456 | +€10 | +2.4% |
| Gross operating margin | 9900 | €74,877 | €25,215 | -€49,662 | -66.3% |
| Operating profit (loss) | 9901 | €73,901 | €24,229 | -€49,672 | -67.2% |
| Financial income | 75/76B | €1,198 | €1,438 | +€239 | +20.0% |
| Recurring financial income | 75 | €1,198 | €1,438 | +€239 | +20.0% |
| Financial charges | 65/66B | €187 | €589 | +€402 | +214.5% |
| Recurring financial charges | 65 | €187 | €589 | +€402 | +214.5% |
| Profit (loss) for the period before taxes | 9903 | €74,912 | €25,078 | -€49,834 | -66.5% |
| Income taxes | 67/77 | €23,862 | €8,221 | -€15,641 | -65.5% |
| Profit (loss) for the period | 9904 | €51,050 | €16,856 | -€34,193 | -67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,050 | €16,856 | -€34,193 | -67.0% |
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 11 October 2026 via checked.be.