ALSATECH: 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.
ALSATECH
Largest movements
- Cash -€22,108
down €22,108 (-27.4%), from €80,804 to €58,695
mainly Other debts (-€68,000) and Current portion of long-term debt (-€19,086)
- Tangible fixed assets -€20,051
down €20,051 (-40.8%), from €49,178 to €29,127
of which Furniture and vehicles: -€19,689
- Receivables within one year +€5,262
up €5,262 (+18.6%), from €28,352 to €33,614
of which Other amounts receivable: +€6,857
- Other debts -€68,000
no longer reported in 2025 (was €68,000)
- Profit (loss) carried forward +€67,500
up €67,500 (+604%), from €11,183 to €78,683
- Current portion of long-term debt -€19,086
down €19,086 (-84.0%), from €22,727 to €3,641
- Tax, wage and social debts -€11,063
down €11,063 (-46.9%), from €23,566 to €12,503
- Debts after one year -€3,641
no longer reported in 2025 (was €3,641)
- Gross operating margin -€11,895
down €11,895 (-9.9%), from €119,793 to €107,898
- Taxes -€2,281
down €2,281 (-11.2%), from €20,424 to €18,143
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 | €160,924 | €123,714 | -€37,210 | -23.1% |
| Fixed assets | 21/28 | €49,178 | €29,127 | -€20,051 | -40.8% |
| Tangible fixed assets | 22/27 | €49,178 | €29,127 | -€20,051 | -40.8% |
| Furniture and vehicles | 24 | €45,967 | €26,279 | -€19,689 | -42.8% |
| Other tangible fixed assets | 26 | €3,210 | €2,848 | -€363 | -11.3% |
| Current assets | 29/58 | €111,747 | €94,588 | -€17,159 | -15.4% |
| Amounts receivable within one year | 40/41 | €28,352 | €33,614 | +€5,262 | +18.6% |
| Trade receivables | 40 | €23,776 | €22,181 | -€1,595 | -6.7% |
| Other amounts receivable | 41 | €4,576 | €11,433 | +€6,857 | +150% |
| Cash at bank and in hand | 54/58 | €80,804 | €58,695 | -€22,108 | -27.4% |
| Deferred charges and accrued income | 490/1 | €2,591 | €2,278 | -€313 | -12.1% |
| Total equity and liabilities | 10/49 | €160,924 | €123,714 | -€37,210 | -23.1% |
| Equity | 10/15 | €31,253 | €98,753 | +€67,500 | +216% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,470 | €1,470 | = | 0.0% |
| Distributable reserves | 133 | €1,470 | €1,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,183 | €78,683 | +€67,500 | +604% |
| Amounts payable | 17/49 | €129,672 | €24,961 | -€104,710 | -80.8% |
| Amounts payable after more than one year | 17 | €3,641 | - | -€3,641 | |
| Financial debts | 170/4 | €3,641 | - | -€3,641 | |
| Amounts payable within one year | 42/48 | €126,031 | €24,961 | -€101,069 | -80.2% |
| Current portion of amounts payable after more than one year | 42 | €22,727 | €3,641 | -€19,086 | -84.0% |
| Financial debts | 43 | €8,495 | €8,454 | -€41 | -0.5% |
| Credit institutions | 430/8 | €8,495 | €8,454 | -€41 | -0.5% |
| Trade debts | 44 | €3,243 | €363 | -€2,880 | -88.8% |
| Suppliers | 440/4 | €3,243 | €363 | -€2,880 | -88.8% |
| Taxes, remuneration and social security | 45 | €23,566 | €12,503 | -€11,063 | -46.9% |
| Taxes | 450/3 | €23,566 | €12,503 | -€11,063 | -46.9% |
| Other amounts payable | 47/48 | €68,000 | - | -€68,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,741 | €20,051 | +€310 | +1.6% |
| Other operating charges | 640/8 | €1,152 | €818 | -€334 | -29.0% |
| Gross operating margin | 9900 | €119,793 | €107,898 | -€11,895 | -9.9% |
| Operating profit (loss) | 9901 | €98,900 | €87,029 | -€11,871 | -12.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,293 | €1,386 | -€907 | -39.6% |
| Recurring financial charges | 65 | €2,293 | €1,386 | -€907 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €96,607 | €85,643 | -€10,964 | -11.3% |
| Income taxes | 67/77 | €20,424 | €18,143 | -€2,281 | -11.2% |
| Profit (loss) for the period | 9904 | €76,183 | €67,500 | -€8,683 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €76,183 | €67,500 | -€8,683 | -11.4% |
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 25 October 2026 via checked.be.