ALFA CO: 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.
ALFA CO
Largest movements
- Receivables within one year +€109,923
up €109,923 (+628%), from €17,503 to €127,426
of which Other amounts receivable: +€121,225
- Stocks and contracts +€10,287
up €10,287 (+53.6%), from €19,200 to €29,487
- Cash +€9,450
up €9,450 (+110%), from €8,612 to €18,062
mainly Trade debts (+€124,423) and Depreciation (+€8,586)
- Tangible fixed assets -€8,586
down €8,586 (-76.6%), from €11,209 to €2,623
of which Plant, machinery and equipment: -€6,426
- Trade debts +€124,423
up €124,423 (+3,780%), from €3,292 to €127,715
- Tax, wage and social debts -€4,980
down €4,980 (-66.9%), from €7,440 to €2,460
- Profit (loss) carried forward +€2,943
up €2,943 (+6.8%), from €43,430 to €46,373
- Gross operating margin +€3,295
up €3,295 (+34.1%), from €9,663 to €12,957
- Financial income +€1,804
up €1,804 (+130%), from €1,386 to €3,190
- Other operating charges +€1,536
up €1,536 (+167%), from €920 to €2,456
- Taxes +€951
up €951 (+125%), from €759 to €1,710
- Depreciation -€319
down €319 (-3.6%), from €8,905 to €8,586
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 | €58,380 | €179,048 | +€120,668 | +207% |
| Fixed assets | 21/28 | €11,209 | €2,623 | -€8,586 | -76.6% |
| Tangible fixed assets | 22/27 | €11,209 | €2,623 | -€8,586 | -76.6% |
| Plant, machinery and equipment | 23 | €9,049 | €2,623 | -€6,426 | -71.0% |
| Furniture and vehicles | 24 | €2,160 | - | -€2,160 | |
| Current assets | 29/58 | €47,171 | €176,426 | +€129,254 | +274% |
| Stocks and contracts in progress | 3 | €19,200 | €29,487 | +€10,287 | +53.6% |
| Stocks | 30/36 | €19,200 | €29,487 | +€10,287 | +53.6% |
| Amounts receivable within one year | 40/41 | €17,503 | €127,426 | +€109,923 | +628% |
| Trade receivables | 40 | €15,003 | €3,701 | -€11,302 | -75.3% |
| Other amounts receivable | 41 | €2,500 | €123,725 | +€121,225 | +4,849% |
| Cash at bank and in hand | 54/58 | €8,612 | €18,062 | +€9,450 | +110% |
| Deferred charges and accrued income | 490/1 | €1,857 | €1,450 | -€406 | -21.9% |
| Total equity and liabilities | 10/49 | €58,380 | €179,048 | +€120,668 | +207% |
| Equity | 10/15 | €45,930 | €48,873 | +€2,943 | +6.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,430 | €46,373 | +€2,943 | +6.8% |
| Amounts payable | 17/49 | €12,450 | €130,175 | +€117,725 | +946% |
| Amounts payable within one year | 42/48 | €12,450 | €130,175 | +€117,725 | +946% |
| Trade debts | 44 | €3,292 | €127,715 | +€124,423 | +3,780% |
| Suppliers | 440/4 | €3,292 | €127,715 | +€124,423 | +3,780% |
| Taxes, remuneration and social security | 45 | €7,440 | €2,460 | -€4,980 | -66.9% |
| Taxes | 450/3 | €7,440 | €2,460 | -€4,980 | -66.9% |
| Other amounts payable | 47/48 | €1,718 | - | -€1,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,905 | €8,586 | -€319 | -3.6% |
| Other operating charges | 640/8 | €920 | €2,456 | +€1,536 | +167% |
| Gross operating margin | 9900 | €9,663 | €12,957 | +€3,295 | +34.1% |
| Operating profit (loss) | 9901 | -€163 | €1,915 | +€2,078 | |
| Financial income | 75/76B | €1,386 | €3,190 | +€1,804 | +130% |
| Recurring financial income | 75 | €1,386 | €3,190 | +€1,804 | +130% |
| Financial charges | 65/66B | €457 | €452 | -€5 | -1.1% |
| Recurring financial charges | 65 | €457 | €452 | -€5 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €766 | €4,653 | +€3,887 | +507% |
| Income taxes | 67/77 | €759 | €1,710 | +€951 | +125% |
| Profit (loss) for the period | 9904 | €7 | €2,943 | +€2,936 | +41,527% |
| Profit (loss) for the period to be appropriated | 9905 | €7 | €2,943 | +€2,936 | +41,527% |
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 17 October 2026 via checked.be.