ALFA-CONSTRUCT: what changed
ALFA-CONSTRUCT
Largest movements
- Cash +€98,382
up €98,382 (+4,008%), from €2,455 to €100,837
mainly Trade debts (+€96,480) and Receivables within one year (+€27,206)
- Receivables after one year +€40,475
up €40,475 (+40.5%), from €100,000 to €140,475
- Receivables within one year -€27,206
down €27,206 (-97.7%), from €27,838 to €632
- Trade debts +€96,480
up €96,480 (+3,201%), from €3,014 to €99,494
- Reserves +€13,192
up €13,192 (+23.4%), from €56,356 to €69,548
of which Non-distributable reserves: +€13,192
- Tax, wage and social debts +€5,980
up €5,980 (+28.0%), from €21,369 to €27,348
- Other debts -€4,000
down €4,000 (-9.9%), from €40,353 to €36,353
- Gross operating margin -€29,894
down €29,894 (-51.6%), from €57,961 to €28,067
- Staff costs +€7,116
new in 2024: €7,116
- Taxes -€3,000
down €3,000 (-30.7%), from €9,766 to €6,765
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,292 | €241,944 | +€111,652 | +85.7% |
| Current assets | 29/58 | €130,292 | €241,944 | +€111,652 | +85.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €140,475 | +€40,475 | +40.5% |
| Other amounts receivable | 291 | €100,000 | €140,475 | +€40,475 | +40.5% |
| Amounts receivable within one year | 40/41 | €27,838 | €632 | -€27,206 | -97.7% |
| Other amounts receivable | 41 | €27,838 | €632 | -€27,206 | -97.7% |
| Cash at bank and in hand | 54/58 | €2,455 | €100,837 | +€98,382 | +4,008% |
| Total equity and liabilities | 10/49 | €130,292 | €241,944 | +€111,652 | +85.7% |
| Equity | 10/15 | €65,556 | €78,748 | +€13,192 | +20.1% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Capital | 10 | €9,200 | €9,200 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €9,350 | €9,350 | = | 0.0% |
| Reserves | 13 | €56,356 | €69,548 | +€13,192 | +23.4% |
| Non-distributable reserves | 130/1 | €25,170 | €38,363 | +€13,192 | +52.4% |
| Legal reserve | 130 | €670 | €670 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,500 | €37,693 | +€13,192 | +53.8% |
| Distributable reserves | 133 | €31,185 | €31,185 | = | 0.0% |
| Amounts payable | 17/49 | €64,737 | €163,196 | +€98,460 | +152% |
| Amounts payable within one year | 42/48 | €64,737 | €163,196 | +€98,460 | +152% |
| Trade debts | 44 | €3,014 | €99,494 | +€96,480 | +3,201% |
| Suppliers | 440/4 | €3,014 | €99,494 | +€96,480 | +3,201% |
| Taxes, remuneration and social security | 45 | €21,369 | €27,348 | +€5,980 | +28.0% |
| Taxes | 450/3 | €21,369 | €27,348 | +€5,980 | +28.0% |
| Other amounts payable | 47/48 | €40,353 | €36,353 | -€4,000 | -9.9% |
| Non-recurring operating income | 76A | €4,652 | - | -€4,652 | |
| Remuneration, social security and pensions | 62 | - | €7,116 | +€7,116 | |
| Other operating charges | 640/8 | €616 | €947 | +€331 | +53.8% |
| Non-recurring operating charges | 66A | €11,151 | - | -€11,151 | |
| Gross operating margin | 9900 | €57,961 | €28,067 | -€29,894 | -51.6% |
| Operating profit (loss) | 9901 | €46,194 | €20,004 | -€26,190 | -56.7% |
| Financial income | 75/76B | €119 | - | -€119 | |
| Recurring financial income | 75 | €119 | - | -€119 | |
| Financial charges | 65/66B | €47 | €46 | -€0 | -0.5% |
| Recurring financial charges | 65 | €47 | €46 | -€0 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €46,266 | €19,958 | -€26,309 | -56.9% |
| Income taxes | 67/77 | €9,766 | €6,765 | -€3,000 | -30.7% |
| Profit (loss) for the period | 9904 | €36,500 | €13,192 | -€23,308 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,500 | €13,192 | -€23,308 | -63.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.