ALVEN SYSTEMS: 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.
ALVEN SYSTEMS
Largest movements
- Cash +€87,966
up €87,966 (+581.3%), from €15,133 to €103,099
mainly Net result for the year (+€219,170) and Trade debts (+€928)
- Receivables within one year +€53,288
up €53,288 (+560.0%), from €9,516 to €62,805
of which Trade receivables: +€52,887
- Profit (loss) carried forward +€219,170
up €219,170 (+48.3%), from -€453,346 to -€234,176
- Other debts -€78,853
down €78,853 (-18.9%), from €417,472 to €338,619
- Gross operating margin +€231,269
up €231,269, from -€11,196 to €220,073
- Financial income -€16,246
no longer reported in 2025 (was €16,246)
- Financial charges -€4,139
down €4,139 (-98.5%), from €4,202 to €63
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 | €26,119 | €167,364 | +€141,245 | +540.8% |
| Fixed assets | 21/28 | €1,469 | €1,460 | -€9 | -0.6% |
| Tangible fixed assets | 22/27 | €1,219 | €1,210 | -€9 | -0.8% |
| Furniture and vehicles | 24 | €1,219 | €1,210 | -€9 | -0.8% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €24,650 | €165,904 | +€141,254 | +573.0% |
| Amounts receivable within one year | 40/41 | €9,516 | €62,805 | +€53,288 | +560.0% |
| Trade receivables | 40 | €0 | €52,887 | +€52,887 | |
| Other amounts receivable | 41 | €9,516 | €9,918 | +€401 | +4.2% |
| Cash at bank and in hand | 54/58 | €15,133 | €103,099 | +€87,966 | +581.3% |
| Total equity and liabilities | 10/49 | €26,119 | €167,364 | +€141,245 | +540.8% |
| Equity | 10/15 | -€391,372 | -€172,203 | +€219,170 | +56.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€453,346 | -€234,176 | +€219,170 | +48.3% |
| Amounts payable | 17/49 | €417,492 | €339,567 | -€77,925 | -18.7% |
| Amounts payable within one year | 42/48 | €417,492 | €339,567 | -€77,925 | -18.7% |
| Trade debts | 44 | €20 | €948 | +€928 | +4641.8% |
| Suppliers | 440/4 | €20 | €948 | +€928 | +4641.8% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €417,472 | €338,619 | -€78,853 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €380 | +€6 | +1.6% |
| Other operating charges | 640/8 | €441 | €460 | +€19 | +4.4% |
| Gross operating margin | 9900 | -€11,196 | €220,073 | +€231,269 | |
| Operating profit (loss) | 9901 | -€12,011 | €219,233 | +€231,244 | |
| Financial income | 75/76B | €16,246 | - | -€16,246 | |
| Recurring financial income | 75 | €16,246 | - | -€16,246 | |
| Financial charges | 65/66B | €4,202 | €63 | -€4,139 | -98.5% |
| Recurring financial charges | 65 | €4,202 | €63 | -€4,139 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €33 | €219,170 | +€219,137 | +666677.7% |
| Profit (loss) for the period | 9904 | €33 | €219,170 | +€219,137 | +666677.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33 | €219,170 | +€219,137 | +666677.7% |
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 9 October 2026 via checked.be.