Alvé: what changed
Two fiscal 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.
Alvé
Largest movements
- Tangible fixed assets -€17,281
down €17,281 (-3.7%), from €473,201 to €455,919
- Receivables within one year +€5,706
up €5,706 (+70.0%), from €8,147 to €13,852
of which Other amounts receivable: +€5,743
- Cash +€5,104
up €5,104 (+64.7%), from €7,886 to €12,990
mainly Depreciation (+€17,281) and Other debts (+€2)
- Profit (loss) carried forward -€5,571
down €5,571, from €1,362 to -€4,209
- Depreciation -€9,953
down €9,953 (-36.5%), from €27,234 to €17,281
- Other operating charges -€3,645
down €3,645 (-52.3%), from €6,971 to €3,326
- Gross operating margin +€1,662
up €1,662 (+12.4%), from €13,434 to €15,096
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 | €489,233 | €483,124 | -€6,109 | -1.2% |
| Fixed assets | 21/28 | €473,201 | €455,919 | -€17,281 | -3.7% |
| Tangible fixed assets | 22/27 | €473,201 | €455,919 | -€17,281 | -3.7% |
| Land and buildings | 22 | €473,201 | €455,919 | -€17,281 | -3.7% |
| Current assets | 29/58 | €16,033 | €27,205 | +€11,172 | +69.7% |
| Amounts receivable within one year | 40/41 | €8,147 | €13,852 | +€5,706 | +70.0% |
| Trade receivables | 40 | €500 | €462 | -€38 | -7.5% |
| Other amounts receivable | 41 | €7,647 | €13,390 | +€5,743 | +75.1% |
| Cash at bank and in hand | 54/58 | €7,886 | €12,990 | +€5,104 | +64.7% |
| Deferred charges and accrued income | 490/1 | - | €363 | +€363 | |
| Total equity and liabilities | 10/49 | €489,233 | €483,124 | -€6,109 | -1.2% |
| Equity | 10/15 | €441,904 | €436,333 | -€5,571 | -1.3% |
| Contributions | 10/11 | €253,360 | €253,360 | = | 0.0% |
| Reserves | 13 | €187,182 | €187,182 | = | 0.0% |
| Tax-exempt reserves | 132 | €82,023 | €82,023 | = | 0.0% |
| Distributable reserves | 133 | €105,159 | €105,159 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,362 | -€4,209 | -€5,571 | |
| Provisions and deferred taxes | 16 | €42,260 | €42,260 | = | 0.0% |
| Deferred taxes | 168 | €42,260 | €42,260 | = | 0.0% |
| Amounts payable | 17/49 | €5,069 | €4,532 | -€538 | -10.6% |
| Amounts payable within one year | 42/48 | €5,069 | €4,532 | -€538 | -10.6% |
| Trade debts | 44 | €4,588 | €4,048 | -€540 | -11.8% |
| Suppliers | 440/4 | €4,588 | €4,048 | -€540 | -11.8% |
| Other amounts payable | 47/48 | €481 | €484 | +€2 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,234 | €17,281 | -€9,953 | -36.5% |
| Other operating charges | 640/8 | €6,971 | €3,326 | -€3,645 | -52.3% |
| Gross operating margin | 9900 | €13,434 | €15,096 | +€1,662 | +12.4% |
| Operating profit (loss) | 9901 | -€20,771 | -€5,511 | +€15,259 | +73.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €59 | €60 | +€1 | +1.7% |
| Recurring financial charges | 65 | €59 | €60 | +€1 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,830 | -€5,571 | +€15,258 | +73.3% |
| Profit (loss) for the period | 9904 | -€20,830 | -€5,571 | +€15,258 | +73.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,830 | -€5,571 | +€15,258 | +73.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.