ALFA CROP: 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 CROP
Largest movements
- Tangible fixed assets +€34,397
up €34,397 (+10.4%), from €332,177 to €366,574
of which Plant, machinery and equipment: +€30,720
- Cash +€10,506
up €10,506 (+23.5%), from €44,719 to €55,226
mainly Net result for the year (+€50,812) and Depreciation (+€36,925)
- Reserves +€50,812
up €50,812 (+89.1%), from €57,035 to €107,848
- Debts after one year -€14,864
down €14,864 (-8.9%), from €167,479 to €152,614
- Other debts -€13,518
down €13,518 (-12.1%), from €111,798 to €98,280
- Tax, wage and social debts +€10,293
up €10,293 (+157%), from €6,576 to €16,869
of which Taxes: +€5,718
- Trade debts +€8,605
up €8,605 (+175%), from €4,904 to €13,508
- Depreciation -€27,414
down €27,414 (-42.6%), from €64,338 to €36,925
- Gross operating margin +€24,453
up €24,453 (+25.6%), from €95,594 to €120,047
- Taxes +€20,639
up €20,639 (+561%), from €3,682 to €24,321
- Other operating charges -€3,028
down €3,028 (-38.4%), from €7,876 to €4,848
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 | €386,316 | €428,359 | +€42,043 | +10.9% |
| Fixed assets | 21/28 | €332,728 | €367,125 | +€34,397 | +10.3% |
| Tangible fixed assets | 22/27 | €332,177 | €366,574 | +€34,397 | +10.4% |
| Land and buildings | 22 | €317,512 | €293,564 | -€23,948 | -7.5% |
| Plant, machinery and equipment | 23 | €13,337 | €44,057 | +€30,720 | +230% |
| Furniture and vehicles | 24 | - | €23,980 | +€23,980 | |
| Other tangible fixed assets | 26 | €1,328 | €4,973 | +€3,644 | +274% |
| Financial fixed assets | 28 | €552 | €552 | = | 0.0% |
| Current assets | 29/58 | €53,588 | €61,234 | +€7,646 | +14.3% |
| Stocks and contracts in progress | 3 | €5,550 | €3,375 | -€2,175 | -39.2% |
| Stocks | 30/36 | €5,550 | €3,375 | -€2,175 | -39.2% |
| Amounts receivable within one year | 40/41 | €3,318 | €5 | -€3,313 | -99.8% |
| Trade receivables | 40 | - | €5 | +€5 | |
| Other amounts receivable | 41 | €3,318 | - | -€3,318 | |
| Cash at bank and in hand | 54/58 | €44,719 | €55,226 | +€10,506 | +23.5% |
| Deferred charges and accrued income | 490/1 | - | €2,628 | +€2,628 | |
| Total equity and liabilities | 10/49 | €386,316 | €428,359 | +€42,043 | +10.9% |
| Equity | 10/15 | €80,861 | €131,674 | +€50,812 | +62.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €57,035 | €107,848 | +€50,812 | +89.1% |
| Distributable reserves | 133 | €57,035 | €107,848 | +€50,812 | +89.1% |
| Profit (loss) carried forward | 14 | €11,426 | €11,426 | +€0 | 0.0% |
| Amounts payable | 17/49 | €305,455 | €296,686 | -€8,769 | -2.9% |
| Amounts payable after more than one year | 17 | €167,479 | €152,614 | -€14,864 | -8.9% |
| Financial debts | 170/4 | €167,479 | €152,614 | -€14,864 | -8.9% |
| Amounts payable within one year | 42/48 | €137,976 | €143,522 | +€5,545 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €14,699 | €14,864 | +€166 | +1.1% |
| Trade debts | 44 | €4,904 | €13,508 | +€8,605 | +175% |
| Suppliers | 440/4 | €4,904 | €13,508 | +€8,605 | +175% |
| Taxes, remuneration and social security | 45 | €6,576 | €16,869 | +€10,293 | +157% |
| Taxes | 450/3 | €6,576 | €12,294 | +€5,718 | +86.9% |
| Remuneration and social security | 454/9 | - | €4,575 | +€4,575 | |
| Other amounts payable | 47/48 | €111,798 | €98,280 | -€13,518 | -12.1% |
| Accrued charges and deferred income | 492/3 | - | €550 | +€550 | |
| Remuneration, social security and pensions | 62 | €269 | - | -€269 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,338 | €36,925 | -€27,414 | -42.6% |
| Other operating charges | 640/8 | €7,876 | €4,848 | -€3,028 | -38.4% |
| Gross operating margin | 9900 | €95,594 | €120,047 | +€24,453 | +25.6% |
| Operating profit (loss) | 9901 | €23,111 | €78,275 | +€55,164 | +239% |
| Financial income | 75/76B | €306 | €137 | -€169 | -55.3% |
| Recurring financial income | 75 | €306 | €137 | -€169 | -55.3% |
| Financial charges | 65/66B | €2,700 | €3,279 | +€579 | +21.4% |
| Recurring financial charges | 65 | €2,700 | €3,279 | +€579 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €20,717 | €75,133 | +€54,416 | +263% |
| Income taxes | 67/77 | €3,682 | €24,321 | +€20,639 | +561% |
| Profit (loss) for the period | 9904 | €17,035 | €50,812 | +€33,777 | +198% |
| Profit (loss) for the period to be appropriated | 9905 | €17,035 | €50,812 | +€33,777 | +198% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.