M&Alpha Consultants: 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.
M&Alpha Consultants
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+168%), from €867,219 to €2.3m
of which Other amounts receivable: +€1.4m
- Tangible fixed assets +€40,923
up €40,923 (+13.4%), from €306,429 to €347,352
- Other debts +€982,149
up €982,149 (+195%), from €504,168 to €1.5m
- Trade debts +€650,224
up €650,224 (+10,905%), from €5,963 to €656,187
- Tax, wage and social debts -€120,915
down €120,915 (-18.1%), from €667,050 to €546,135
- Gross operating margin +€732,193
up €732,193 (+109%), from €671,546 to €1.4m
- Taxes +€159,356
up €159,356 (+89.3%), from €178,382 to €337,738
- Depreciation +€50,520
up €50,520 (+664%), from €7,605 to €58,125
- Other operating charges +€49,240
up €49,240 (+525%), from €9,371 to €58,611
- Financial income +€17,035
up €17,035 (+54.3%), from €31,355 to €48,390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,179,180 | €2,690,638 | +€1.5m | +128% |
| Fixed assets | 21/28 | €306,429 | €347,352 | +€40,923 | +13.4% |
| Tangible fixed assets | 22/27 | €306,429 | €347,352 | +€40,923 | +13.4% |
| Furniture and vehicles | 24 | €306,429 | €347,352 | +€40,923 | +13.4% |
| Current assets | 29/58 | €872,751 | €2,343,286 | +€1.5m | +168% |
| Amounts receivable within one year | 40/41 | €867,219 | €2,323,041 | +€1.5m | +168% |
| Trade receivables | 40 | €87,919 | €144,011 | +€56,092 | +63.8% |
| Other amounts receivable | 41 | €779,300 | €2,179,030 | +€1.4m | +180% |
| Cash at bank and in hand | 54/58 | €4,816 | €6,086 | +€1,270 | +26.4% |
| Deferred charges and accrued income | 490/1 | €716 | €14,159 | +€13,444 | +1,879% |
| Total equity and liabilities | 10/49 | €1,179,180 | €2,690,638 | +€1.5m | +128% |
| Equity | 10/15 | €2,000 | €2,000 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,177,180 | €2,688,638 | +€1.5m | +128% |
| Amounts payable within one year | 42/48 | €1,177,180 | €2,688,638 | +€1.5m | +128% |
| Trade debts | 44 | €5,963 | €656,187 | +€650,224 | +10,905% |
| Suppliers | 440/4 | €5,963 | €656,187 | +€650,224 | +10,905% |
| Taxes, remuneration and social security | 45 | €667,050 | €546,135 | -€120,915 | -18.1% |
| Taxes | 450/3 | €667,050 | €546,135 | -€120,915 | -18.1% |
| Other amounts payable | 47/48 | €504,168 | €1,486,317 | +€982,149 | +195% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,605 | €58,125 | +€50,520 | +664% |
| Other operating charges | 640/8 | €9,371 | €58,611 | +€49,240 | +525% |
| Gross operating margin | 9900 | €671,546 | €1,403,739 | +€732,193 | +109% |
| Operating profit (loss) | 9901 | €654,570 | €1,287,003 | +€632,433 | +96.6% |
| Financial income | 75/76B | €31,355 | €48,390 | +€17,035 | +54.3% |
| Recurring financial income | 75 | €31,355 | €48,390 | +€17,035 | +54.3% |
| Financial charges | 65/66B | €3,375 | €15,506 | +€12,132 | +359% |
| Recurring financial charges | 65 | €3,375 | €15,506 | +€12,132 | +359% |
| Profit (loss) for the period before taxes | 9903 | €682,550 | €1,319,887 | +€637,336 | +93.4% |
| Income taxes | 67/77 | €178,382 | €337,738 | +€159,356 | +89.3% |
| Profit (loss) for the period | 9904 | €504,168 | €982,149 | +€477,981 | +94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €504,168 | €982,149 | +€477,981 | +94.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.