AlpacApps: 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.
AlpacApps
Largest movements
- Receivables within one year +€11,584
up €11,584 (+75.9%), from €15,253 to €26,837
of which Trade receivables: +€11,453
- Cash -€11,107
down €11,107 (-77.3%), from €14,375 to €3,268
mainly Receivables within one year (-€11,584) and Debts after one year (-€6,213)
- Tangible fixed assets -€7,332
down €7,332 (-14.0%), from €52,284 to €44,952
of which Land and buildings: -€6,523
- Deferred charges and accrued income -€1,410
down €1,410 (-86.8%), from €1,624 to €214
- Debts after one year -€6,213
down €6,213 (-74.7%), from €8,313 to €2,100
- Reserves +€2,986
up €2,986 (+8.0%), from €37,442 to €40,428
- Tax, wage and social debts -€2,736
down €2,736 (-57.4%), from €4,763 to €2,027
of which Remuneration and social security: -€2,118
- Trade debts -€2,432
down €2,432 (-56.1%), from €4,336 to €1,904
- Gross operating margin +€4,577
up €4,577 (+30.5%), from €15,000 to €19,576
- Financial charges +€1,232
up €1,232 (+214%), from €575 to €1,808
- Taxes +€1,141
up €1,141 (+66.6%), from €1,715 to €2,856
- Depreciation -€226
down €226 (-3.0%), from €7,558 to €7,332
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 | €83,537 | €75,271 | -€8,265 | -9.9% |
| Fixed assets | 21/28 | €52,284 | €44,952 | -€7,332 | -14.0% |
| Tangible fixed assets | 22/27 | €52,284 | €44,952 | -€7,332 | -14.0% |
| Land and buildings | 22 | €50,673 | €44,151 | -€6,523 | -12.9% |
| Furniture and vehicles | 24 | €1,611 | €802 | -€809 | -50.2% |
| Current assets | 29/58 | €31,253 | €30,319 | -€934 | -3.0% |
| Amounts receivable within one year | 40/41 | €15,253 | €26,837 | +€11,584 | +75.9% |
| Trade receivables | 40 | €11,488 | €22,942 | +€11,453 | +99.7% |
| Other amounts receivable | 41 | €3,765 | €3,896 | +€130 | +3.5% |
| Cash at bank and in hand | 54/58 | €14,375 | €3,268 | -€11,107 | -77.3% |
| Deferred charges and accrued income | 490/1 | €1,624 | €214 | -€1,410 | -86.8% |
| Total equity and liabilities | 10/49 | €83,537 | €75,271 | -€8,265 | -9.9% |
| Equity | 10/15 | €56,042 | €59,028 | +€2,986 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,442 | €40,428 | +€2,986 | +8.0% |
| Distributable reserves | 133 | €37,442 | €40,428 | +€2,986 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,495 | €16,244 | -€11,251 | -40.9% |
| Amounts payable after more than one year | 17 | €8,313 | €2,100 | -€6,213 | -74.7% |
| Financial debts | 170/4 | €8,313 | €2,100 | -€6,213 | -74.7% |
| Amounts payable within one year | 42/48 | €19,182 | €14,143 | -€5,038 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €6,083 | €6,213 | +€130 | +2.1% |
| Trade debts | 44 | €4,336 | €1,904 | -€2,432 | -56.1% |
| Suppliers | 440/4 | €4,336 | €1,904 | -€2,432 | -56.1% |
| Taxes, remuneration and social security | 45 | €4,763 | €2,027 | -€2,736 | -57.4% |
| Taxes | 450/3 | €2,646 | €2,027 | -€619 | -23.4% |
| Remuneration and social security | 454/9 | €2,118 | €0 | -€2,118 | -100% |
| Other amounts payable | 47/48 | €4,000 | €4,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,558 | €7,332 | -€226 | -3.0% |
| Other operating charges | 640/8 | €707 | €677 | -€31 | -4.3% |
| Gross operating margin | 9900 | €15,000 | €19,576 | +€4,577 | +30.5% |
| Operating profit (loss) | 9901 | €6,735 | €11,568 | +€4,833 | +71.8% |
| Financial income | 75/76B | €64 | €81 | +€18 | +27.5% |
| Recurring financial income | 75 | €64 | €81 | +€18 | +27.5% |
| Financial charges | 65/66B | €575 | €1,808 | +€1,232 | +214% |
| Recurring financial charges | 65 | €575 | €1,808 | +€1,232 | +214% |
| Profit (loss) for the period before taxes | 9903 | €6,223 | €9,842 | +€3,619 | +58.1% |
| Income taxes | 67/77 | €1,715 | €2,856 | +€1,141 | +66.6% |
| Profit (loss) for the period | 9904 | €4,508 | €6,986 | +€2,477 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,508 | €6,986 | +€2,477 | +54.9% |
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.