ALPHACOPY: 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.
ALPHACOPY
Largest movements
- Cash -€14,162
down €14,162 (-13.3%), from €106,650 to €92,489
mainly Other debts (-€32,385) and Current portion of long-term debt (-€2,656)
- Receivables within one year -€7,257
down €7,257 (-25.8%), from €28,108 to €20,851
of which Trade receivables: -€5,989
- Tangible fixed assets -€4,794
down €4,794 (-31.8%), from €15,071 to €10,277
of which Furniture and vehicles: -€4,043
- Other debts -€32,385
down €32,385 (-96.4%), from €33,582 to €1,197
- Reserves +€3,956
up €3,956 (+5.9%), from €67,406 to €71,362
- Trade debts +€3,821
up €3,821 (+8.5%), from €44,754 to €48,574
- Current portion of long-term debt -€2,656
down €2,656 (-66.4%), from €4,000 to €1,345
- Tax, wage and social debts +€1,930
up €1,930 (+15.5%), from €12,430 to €14,359
of which Taxes: +€1,389
- Gross operating margin -€17,794
down €17,794 (-13.3%), from €134,250 to €116,456
- Staff costs +€3,661
up €3,661 (+4.2%), from €86,488 to €90,149
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 | €185,474 | €160,498 | -€24,975 | -13.5% |
| Fixed assets | 21/28 | €30,522 | €25,728 | -€4,794 | -15.7% |
| Tangible fixed assets | 22/27 | €15,071 | €10,277 | -€4,794 | -31.8% |
| Plant, machinery and equipment | 23 | €6,167 | €5,864 | -€303 | -4.9% |
| Furniture and vehicles | 24 | €5,117 | €1,074 | -€4,043 | -79.0% |
| Other tangible fixed assets | 26 | €3,787 | €3,339 | -€449 | -11.8% |
| Financial fixed assets | 28 | €15,451 | €15,451 | = | 0.0% |
| Current assets | 29/58 | €154,951 | €134,770 | -€20,181 | -13.0% |
| Stocks and contracts in progress | 3 | €3,856 | €3,741 | -€115 | -3.0% |
| Stocks | 30/36 | €3,856 | €3,741 | -€115 | -3.0% |
| Amounts receivable within one year | 40/41 | €28,108 | €20,851 | -€7,257 | -25.8% |
| Trade receivables | 40 | €25,807 | €19,818 | -€5,989 | -23.2% |
| Other amounts receivable | 41 | €2,301 | €1,033 | -€1,267 | -55.1% |
| Cash at bank and in hand | 54/58 | €106,650 | €92,489 | -€14,162 | -13.3% |
| Deferred charges and accrued income | 490/1 | €16,337 | €17,689 | +€1,352 | +8.3% |
| Total equity and liabilities | 10/49 | €185,474 | €160,498 | -€24,975 | -13.5% |
| Equity | 10/15 | €85,998 | €89,954 | +€3,956 | +4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €67,406 | €71,362 | +€3,956 | +5.9% |
| Distributable reserves | 133 | €67,406 | €71,362 | +€3,956 | +5.9% |
| Amounts payable | 17/49 | €99,476 | €70,545 | -€28,932 | -29.1% |
| Amounts payable after more than one year | 17 | €1,345 | - | -€1,345 | |
| Financial debts | 170/4 | €1,345 | - | -€1,345 | |
| Amounts payable within one year | 42/48 | €94,766 | €65,476 | -€29,290 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €1,345 | -€2,656 | -66.4% |
| Trade debts | 44 | €44,754 | €48,574 | +€3,821 | +8.5% |
| Suppliers | 440/4 | €44,754 | €48,574 | +€3,821 | +8.5% |
| Taxes, remuneration and social security | 45 | €12,430 | €14,359 | +€1,930 | +15.5% |
| Taxes | 450/3 | €1,308 | €2,696 | +€1,389 | +106% |
| Remuneration and social security | 454/9 | €11,122 | €11,663 | +€541 | +4.9% |
| Other amounts payable | 47/48 | €33,582 | €1,197 | -€32,385 | -96.4% |
| Accrued charges and deferred income | 492/3 | €3,366 | €5,069 | +€1,703 | +50.6% |
| Remuneration, social security and pensions | 62 | €86,488 | €90,149 | +€3,661 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,176 | €6,294 | +€118 | +1.9% |
| Other operating charges | 640/8 | €8,620 | €9,035 | +€415 | +4.8% |
| Gross operating margin | 9900 | €134,250 | €116,456 | -€17,794 | -13.3% |
| Operating profit (loss) | 9901 | €32,965 | €10,978 | -€21,987 | -66.7% |
| Financial income | 75/76B | €1 | €19 | +€17 | +1,250% |
| Recurring financial income | 75 | €1 | €19 | +€17 | +1,250% |
| Financial charges | 65/66B | €4,249 | €4,603 | +€354 | +8.3% |
| Recurring financial charges | 65 | €4,249 | €4,603 | +€354 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €28,718 | €6,394 | -€22,324 | -77.7% |
| Income taxes | 67/77 | €2,532 | €2,437 | -€95 | -3.7% |
| Profit (loss) for the period | 9904 | €26,186 | €3,956 | -€22,229 | -84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,186 | €3,956 | -€22,229 | -84.9% |
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 26 October 2026 via checked.be.