ALVA CONCEPT HOME: 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 HOME
Largest movements
- Receivables within one year -€49,459
down €49,459 (-36.0%), from €137,281 to €87,822
of which Other amounts receivable: -€26,934
- Deferred charges and accrued income +€38,191
up €38,191 (+273%), from €13,974 to €52,165
- Tangible fixed assets +€15,331
up €15,331 (+86.0%), from €17,818 to €33,149
of which Furniture and vehicles: +€18,400
- Stocks and contracts +€7,500
up €7,500 (+33.3%), from €22,500 to €30,000
- Debts after one year +€48,255
up €48,255 (+129%), from €37,263 to €85,518
- Tax, wage and social debts -€30,417
down €30,417 (-65.3%), from €46,562 to €16,145
of which Taxes: -€30,810
- Trade debts -€15,097
down €15,097 (-14.5%), from €103,862 to €88,765
- Current portion of long-term debt +€9,550
up €9,550 (+110%), from €8,698 to €18,248
- Other debts +€3,691
new in 2025: €3,691
- Staff costs +€47,866
new in 2025: €47,866
- Gross operating margin +€36,589
up €36,589 (+104%), from €35,260 to €71,849
- Depreciation +€4,271
up €4,271 (+137%), from €3,114 to €7,385
- Financial income -€1,457
down €1,457 (-93.5%), from €1,558 to €101
- Financial charges +€1,037
up €1,037 (+9.6%), from €10,804 to €11,841
of which Financial charges: +€2,427
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 | €202,951 | €217,849 | +€14,898 | +7.3% |
| Fixed assets | 21/28 | €19,270 | €35,992 | +€16,722 | +86.8% |
| Tangible fixed assets | 22/27 | €17,818 | €33,149 | +€15,331 | +86.0% |
| Plant, machinery and equipment | 23 | €8,727 | €6,204 | -€2,523 | -28.9% |
| Furniture and vehicles | 24 | €4,211 | €22,611 | +€18,400 | +437% |
| Other tangible fixed assets | 26 | €4,880 | €4,334 | -€547 | -11.2% |
| Financial fixed assets | 28 | €1,452 | €2,844 | +€1,392 | +95.8% |
| Current assets | 29/58 | €183,682 | €181,857 | -€1,825 | -1.0% |
| Stocks and contracts in progress | 3 | €22,500 | €30,000 | +€7,500 | +33.3% |
| Stocks | 30/36 | €22,500 | €30,000 | +€7,500 | +33.3% |
| Amounts receivable within one year | 40/41 | €137,281 | €87,822 | -€49,459 | -36.0% |
| Trade receivables | 40 | €110,348 | €87,822 | -€22,525 | -20.4% |
| Other amounts receivable | 41 | €26,934 | €0 | -€26,934 | -100% |
| Cash at bank and in hand | 54/58 | €9,926 | €11,869 | +€1,943 | +19.6% |
| Deferred charges and accrued income | 490/1 | €13,974 | €52,165 | +€38,191 | +273% |
| Total equity and liabilities | 10/49 | €202,951 | €217,849 | +€14,898 | +7.3% |
| Equity | 10/15 | €3,916 | €5,483 | +€1,567 | +40.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €916 | €2,483 | +€1,567 | +171% |
| Amounts payable | 17/49 | €199,035 | €212,366 | +€13,331 | +6.7% |
| Amounts payable after more than one year | 17 | €37,263 | €85,518 | +€48,255 | +129% |
| Financial debts | 170/4 | €37,263 | €85,518 | +€48,255 | +129% |
| Amounts payable within one year | 42/48 | €159,121 | €126,848 | -€32,273 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €8,698 | €18,248 | +€9,550 | +110% |
| Trade debts | 44 | €103,862 | €88,765 | -€15,097 | -14.5% |
| Suppliers | 440/4 | €103,862 | €88,765 | -€15,097 | -14.5% |
| Taxes, remuneration and social security | 45 | €46,562 | €16,145 | -€30,417 | -65.3% |
| Taxes | 450/3 | €46,562 | €15,751 | -€30,810 | -66.2% |
| Remuneration and social security | 454/9 | - | €393 | +€393 | |
| Other amounts payable | 47/48 | - | €3,691 | +€3,691 | |
| Accrued charges and deferred income | 492/3 | €2,651 | - | -€2,651 | |
| Remuneration, social security and pensions | 62 | - | €47,866 | +€47,866 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,114 | €7,385 | +€4,271 | +137% |
| Other operating charges | 640/8 | €1,078 | €535 | -€543 | -50.4% |
| Gross operating margin | 9900 | €35,260 | €71,849 | +€36,589 | +104% |
| Operating profit (loss) | 9901 | €31,068 | €16,062 | -€15,006 | -48.3% |
| Financial income | 75/76B | €1,558 | €101 | -€1,457 | -93.5% |
| Recurring financial income | 75 | €1,558 | €101 | -€1,457 | -93.5% |
| Financial charges | 65/66B | €10,804 | €11,841 | +€1,037 | +9.6% |
| Recurring financial charges | 65 | €9,413 | €11,841 | +€2,427 | +25.8% |
| Non-recurring financial charges | 66B | €1,390 | - | -€1,390 | |
| Profit (loss) for the period before taxes | 9903 | €21,822 | €4,322 | -€17,500 | -80.2% |
| Income taxes | 67/77 | €3,584 | €2,755 | -€829 | -23.1% |
| Profit (loss) for the period | 9904 | €18,238 | €1,567 | -€16,671 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,238 | €1,567 | -€16,671 | -91.4% |
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 31 October 2026 via checked.be.