ALPHACORP: what changed
ALPHACORP
Largest movements
- Cash -€31,264
down €31,264 (-88.7%), from €35,247 to €3,983
mainly Net result for the year (-€32,863) and Receivables within one year (-€5,524)
- Receivables within one year +€5,524
up €5,524 (+24.4%), from €22,633 to €28,157
- Tangible fixed assets -€4,528
down €4,528 (-18.5%), from €24,468 to €19,940
- Equity -€32,863
down €32,863 (-61.9%), from €53,091 to €20,228
of which Profit (loss) carried forward: -€32,863
- Debts within one year +€7,349
up €7,349 (+82.5%), from €8,912 to €16,261
of which Other debts: +€9,617
- Debts after one year -€4,753
down €4,753 (-23.4%), from €20,345 to €15,592
- Gross operating margin -€29,068
down €29,068, from €6,960 to -€22,108
- Financial charges +€1,229
new in 2021: €1,229
- Depreciation +€1,218
up €1,218 (+15.6%), from €7,811 to €9,029
- Other operating charges +€440
new in 2021: €440
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,348 | €52,080 | -€30,268 | -36.8% |
| Fixed assets | 21/28 | €24,468 | €19,940 | -€4,528 | -18.5% |
| Tangible fixed assets | 22/27 | €24,468 | €19,940 | -€4,528 | -18.5% |
| Furniture and vehicles | 24 | - | €19,940 | +€19,940 | |
| Current assets | 29/58 | €57,880 | €32,141 | -€25,739 | -44.5% |
| Amounts receivable within one year | 40/41 | €22,633 | €28,157 | +€5,524 | +24.4% |
| Trade receivables | 40 | - | €28,157 | +€28,157 | |
| Cash at bank and in hand | 54/58 | €35,247 | €3,983 | -€31,264 | -88.7% |
| Total equity and liabilities | 10/49 | €82,348 | €52,080 | -€30,268 | -36.8% |
| Equity | 10/15 | €53,091 | €20,228 | -€32,863 | -61.9% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €36,860 | €36,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €35,000 | +€35,000 | |
| Profit (loss) carried forward | 14 | -€2,369 | -€35,232 | -€32,863 | -1,387% |
| Amounts payable | 17/49 | €29,257 | €31,853 | +€2,596 | +8.9% |
| Amounts payable after more than one year | 17 | €20,345 | €15,592 | -€4,753 | -23.4% |
| Financial debts | 170/4 | - | €15,592 | +€15,592 | |
| Amounts payable within one year | 42/48 | €8,912 | €16,261 | +€7,349 | +82.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,753 | +€4,753 | |
| Trade debts | 44 | €1,320 | €17 | -€1,303 | -98.7% |
| Suppliers | 440/4 | - | €17 | +€17 | |
| Taxes, remuneration and social security | 45 | - | €1,873 | +€1,873 | |
| Taxes | 450/3 | - | €1,873 | +€1,873 | |
| Other amounts payable | 47/48 | - | €9,617 | +€9,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,811 | €9,029 | +€1,218 | +15.6% |
| Other operating charges | 640/8 | - | €440 | +€440 | |
| Gross operating margin | 9900 | €6,960 | -€22,108 | -€29,068 | |
| Operating profit (loss) | 9901 | -€1,288 | -€31,577 | -€30,289 | -2,352% |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | - | €1,229 | +€1,229 | |
| Recurring financial charges | 65 | €1,795 | €1,229 | -€566 | -31.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,071 | -€32,806 | -€29,735 | -968% |
| Income taxes | 67/77 | €220 | €57 | -€163 | -73.9% |
| Profit (loss) for the period | 9904 | -€3,291 | -€32,863 | -€29,572 | -899% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,291 | -€32,863 | -€29,572 | -899% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.