Alphonsius: 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.
Alphonsius
Largest movements
- Tangible fixed assets +€52,985
up €52,985 (+121%), from €43,854 to €96,839
of which Other tangible fixed assets: +€50,094
- Receivables within one year -€2,841
down €2,841 (-41.1%), from €6,907 to €4,066
of which Other amounts receivable: -€6,657
- Intangible fixed assets -€1,500
down €1,500 (-33.3%), from €4,500 to €3,000
- Deferred charges and accrued income +€1,349
new in 2025: €1,349
- Debts after one year +€37,410
up €37,410 (+285%), from €13,146 to €50,556
- Trade debts +€7,393
up €7,393 (+31.4%), from €23,538 to €30,932
- Profit (loss) carried forward -€7,273
down €7,273 (-122%), from -€5,962 to -€13,235
- Current portion of long-term debt +€7,093
up €7,093 (+37.2%), from €19,092 to €26,185
- Other debts +€3,841
new in 2025: €3,841
- Depreciation +€4,573
up €4,573 (+35.2%), from €12,988 to €17,561
- Gross operating margin -€3,240
down €3,240 (-15.5%), from €20,890 to €17,651
- Financial charges +€1,736
up €1,736 (+47.5%), from €3,656 to €5,393
- Other operating charges -€293
down €293 (-15.9%), from €1,845 to €1,552
- Staff costs -€245
no longer reported in 2025 (was €245)
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 | €67,850 | €117,389 | +€49,539 | +73.0% |
| Fixed assets | 21/28 | €48,354 | €99,839 | +€51,485 | +106% |
| Intangible fixed assets | 21 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Tangible fixed assets | 22/27 | €43,854 | €96,839 | +€52,985 | +121% |
| Plant, machinery and equipment | 23 | €22,784 | €17,530 | -€5,254 | -23.1% |
| Furniture and vehicles | 24 | €4,575 | €2,826 | -€1,750 | -38.2% |
| Leasing and similar rights | 25 | €15,419 | €25,314 | +€9,895 | +64.2% |
| Other tangible fixed assets | 26 | €1,076 | €51,170 | +€50,094 | +4,654% |
| Current assets | 29/58 | €19,496 | €17,550 | -€1,946 | -10.0% |
| Stocks and contracts in progress | 3 | €8,361 | €9,045 | +€684 | +8.2% |
| Stocks | 30/36 | €8,361 | €9,045 | +€684 | +8.2% |
| Amounts receivable within one year | 40/41 | €6,907 | €4,066 | -€2,841 | -41.1% |
| Trade receivables | 40 | - | €3,816 | +€3,816 | |
| Other amounts receivable | 41 | €6,907 | €250 | -€6,657 | -96.4% |
| Cash at bank and in hand | 54/58 | €4,228 | €3,089 | -€1,139 | -26.9% |
| Deferred charges and accrued income | 490/1 | - | €1,349 | +€1,349 | |
| Total equity and liabilities | 10/49 | €67,850 | €117,389 | +€49,539 | +73.0% |
| Equity | 10/15 | €238 | -€7,035 | -€7,273 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,962 | -€13,235 | -€7,273 | -122% |
| Amounts payable | 17/49 | €67,613 | €124,424 | +€56,812 | +84.0% |
| Amounts payable after more than one year | 17 | €13,146 | €50,556 | +€37,410 | +285% |
| Financial debts | 170/4 | €13,146 | €50,556 | +€37,410 | +285% |
| Amounts payable within one year | 42/48 | €53,574 | €73,560 | +€19,986 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €19,092 | €26,185 | +€7,093 | +37.2% |
| Financial debts | 43 | €5,558 | €7,779 | +€2,221 | +40.0% |
| Credit institutions | 430/8 | €5,558 | €7,779 | +€2,221 | +40.0% |
| Trade debts | 44 | €23,538 | €30,932 | +€7,393 | +31.4% |
| Suppliers | 440/4 | €23,538 | €30,932 | +€7,393 | +31.4% |
| Taxes, remuneration and social security | 45 | €5,386 | €4,823 | -€562 | -10.4% |
| Taxes | 450/3 | €5,386 | €4,823 | -€562 | -10.4% |
| Other amounts payable | 47/48 | - | €3,841 | +€3,841 | |
| Accrued charges and deferred income | 492/3 | €893 | €309 | -€584 | -65.4% |
| Non-recurring operating income | 76A | - | €595 | +€595 | |
| Remuneration, social security and pensions | 62 | €245 | - | -€245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,988 | €17,561 | +€4,573 | +35.2% |
| Other operating charges | 640/8 | €1,845 | €1,552 | -€293 | -15.9% |
| Non-recurring operating charges | 66A | €2,653 | €100 | -€2,553 | -96.2% |
| Gross operating margin | 9900 | €20,890 | €17,651 | -€3,240 | -15.5% |
| Operating profit (loss) | 9901 | €3,159 | -€1,562 | -€4,721 | |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €3,656 | €5,393 | +€1,736 | +47.5% |
| Recurring financial charges | 65 | €3,656 | €5,393 | +€1,736 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | -€497 | -€6,916 | -€6,418 | -1,290% |
| Income taxes | 67/77 | €259 | €357 | +€99 | +38.1% |
| Profit (loss) for the period | 9904 | -€756 | -€7,273 | -€6,517 | -862% |
| Profit (loss) for the period to be appropriated | 9905 | -€756 | -€7,273 | -€6,517 | -862% |
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 28 October 2026 via checked.be.