ALEFRAN: 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.
ALEFRAN
Largest movements
- Receivables within one year +€3,160
up €3,160 (+4.0%), from €79,832 to €82,992
of which Other amounts receivable: +€28,647
- Profit (loss) carried forward +€2,339
up €2,339 (+6.1%), from €38,292 to €40,631
- Gross operating margin -€689
new in 2025: -€689
- Financial income +€472
up €472 (+14.6%), from €3,228 to €3,700
- Other operating charges -€206
down €206 (-29.7%), from €693 to €487
- Financial charges +€185
new in 2025: €185
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 | €84,557 | €87,732 | +€3,175 | +3.8% |
| Current assets | 29/58 | €84,557 | €87,732 | +€3,175 | +3.8% |
| Amounts receivable within one year | 40/41 | €79,832 | €82,992 | +€3,160 | +4.0% |
| Trade receivables | 40 | €25,487 | - | -€25,487 | |
| Other amounts receivable | 41 | €54,345 | €82,992 | +€28,647 | +52.7% |
| Cash at bank and in hand | 54/58 | €4,725 | €4,740 | +€16 | +0.3% |
| Total equity and liabilities | 10/49 | €84,557 | €87,732 | +€3,175 | +3.8% |
| Equity | 10/15 | €83,863 | €86,202 | +€2,339 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,971 | €26,971 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,971 | - | -€26,971 | |
| Distributable reserves | 133 | - | €26,971 | +€26,971 | |
| Profit (loss) carried forward | 14 | €38,292 | €40,631 | +€2,339 | +6.1% |
| Amounts payable | 17/49 | €693 | €1,529 | +€836 | +121% |
| Amounts payable within one year | 42/48 | €693 | €1,529 | +€836 | +121% |
| Trade debts | 44 | €693 | €1,529 | +€836 | +121% |
| Suppliers | 440/4 | €693 | €1,529 | +€836 | +121% |
| Other operating charges | 640/8 | €693 | €487 | -€206 | -29.7% |
| Gross operating margin | 9900 | - | -€689 | -€689 | |
| Operating profit (loss) | 9901 | -€693 | -€1,176 | -€483 | -69.7% |
| Financial income | 75/76B | €3,228 | €3,700 | +€472 | +14.6% |
| Recurring financial income | 75 | €3,228 | €3,700 | +€472 | +14.6% |
| Financial charges | 65/66B | - | €185 | +€185 | |
| Recurring financial charges | 65 | - | €185 | +€185 | |
| Profit (loss) for the period before taxes | 9903 | €2,535 | €2,339 | -€196 | -7.7% |
| Profit (loss) for the period | 9904 | €2,535 | €2,339 | -€196 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,535 | €2,339 | -€196 | -7.7% |
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.