Alpha Cassiopeiae: what changed
Two fiscal 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.
Alpha Cassiopeiae
Largest movements
- Cash +€48,730
up €48,730 (+51.3%), from €95,048 to €143,777
mainly Net result for the year (+€64,951) and Receivables within one year (+€3,651)
- Receivables within one year -€3,651
down €3,651 (-12.0%), from €30,393 to €26,741
of which Trade receivables: -€6,076
- Tangible fixed assets -€2,798
down €2,798 (-60.0%), from €4,662 to €1,864
- Reserves +€62,000
up €62,000 (+72.9%), from €85,000 to €147,000
- Other debts -€13,680
down €13,680 (-95.9%), from €14,263 to €583
- Tax, wage and social debts -€4,622
down €4,622 (-30.6%), from €15,128 to €10,506
of which Taxes: -€4,622
- Trade debts -€4,175
down €4,175 (-97.2%), from €4,295 to €120
- Profit (loss) carried forward +€2,118
up €2,118 (+23.1%), from €9,152 to €11,270
- Taxes -€6,738
down €6,738 (-26.0%), from €25,919 to €19,181
- Gross operating margin -€3,390
down €3,390 (-3.7%), from €91,024 to €87,634
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.
Cash bridge derived
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 | €130,838 | €172,804 | +€41,966 | +32.1% |
| Fixed assets | 21/28 | €4,662 | €1,864 | -€2,798 | -60.0% |
| Tangible fixed assets | 22/27 | €4,662 | €1,864 | -€2,798 | -60.0% |
| Furniture and vehicles | 24 | €4,662 | €1,864 | -€2,798 | -60.0% |
| Current assets | 29/58 | €126,176 | €170,940 | +€44,764 | +35.5% |
| Amounts receivable within one year | 40/41 | €30,393 | €26,741 | -€3,651 | -12.0% |
| Trade receivables | 40 | €30,393 | €24,316 | -€6,076 | -20.0% |
| Other amounts receivable | 41 | - | €2,425 | +€2,425 | |
| Cash at bank and in hand | 54/58 | €95,048 | €143,777 | +€48,730 | +51.3% |
| Deferred charges and accrued income | 490/1 | €736 | €422 | -€314 | -42.7% |
| Total equity and liabilities | 10/49 | €130,838 | €172,804 | +€41,966 | +32.1% |
| Equity | 10/15 | €97,152 | €161,270 | +€64,118 | +66.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €85,000 | €147,000 | +€62,000 | +72.9% |
| Distributable reserves | 133 | €85,000 | €147,000 | +€62,000 | +72.9% |
| Profit (loss) carried forward | 14 | €9,152 | €11,270 | +€2,118 | +23.1% |
| Amounts payable | 17/49 | €33,686 | €11,534 | -€22,152 | -65.8% |
| Amounts payable within one year | 42/48 | €33,686 | €11,209 | -€22,477 | -66.7% |
| Trade debts | 44 | €4,295 | €120 | -€4,175 | -97.2% |
| Suppliers | 440/4 | €4,295 | €120 | -€4,175 | -97.2% |
| Taxes, remuneration and social security | 45 | €15,128 | €10,506 | -€4,622 | -30.6% |
| Taxes | 450/3 | €13,128 | €8,506 | -€4,622 | -35.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,263 | €583 | -€13,680 | -95.9% |
| Accrued charges and deferred income | 492/3 | - | €325 | +€325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,707 | €2,798 | +€91 | +3.3% |
| Other operating charges | 640/8 | €830 | €639 | -€191 | -23.0% |
| Gross operating margin | 9900 | €91,024 | €87,634 | -€3,390 | -3.7% |
| Operating profit (loss) | 9901 | €87,487 | €84,198 | -€3,290 | -3.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €66 | €66 | = | 0.0% |
| Recurring financial charges | 65 | €66 | €66 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €87,421 | €84,132 | -€3,289 | -3.8% |
| Income taxes | 67/77 | €25,919 | €19,181 | -€6,738 | -26.0% |
| Profit (loss) for the period | 9904 | €61,503 | €64,951 | +€3,449 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,503 | €64,951 | +€3,449 | +5.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.