ALFA DIGITAL: 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.
ALFA DIGITAL
Largest movements
- Stocks and contracts +€34,752
up €34,752 (+247.8%), from €14,025 to €48,777
- Tangible fixed assets -€15,868
down €15,868 (-72.6%), from €21,853 to €5,985
- Receivables within one year +€11,570
new in 2023: €11,570
- Cash +€1,616
up €1,616 (+296.4%), from €545 to €2,162
- Debts within one year +€52,896
up €52,896 (+289.8%), from €18,253 to €71,149
of which Other debts: +€51,959
- Debts after one year -€13,116
down €13,116 (-75.2%), from €17,451 to €4,335
- Profit (loss) carried forward -€7,709
down €7,709 (-337.9%), from -€2,281 to -€9,991
- Gross operating margin -€8,101
down €8,101 (-70.7%), from €11,456 to €3,354
- Financial charges +€750
new in 2023: €750
- Depreciation +€696
up €696 (+15.1%), from €4,594 to €5,289
From the 2020 result to the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,423 | €68,493 | +€32,070 | +88.0% |
| Fixed assets | 21/28 | €21,853 | €5,985 | -€15,868 | -72.6% |
| Tangible fixed assets | 22/27 | €21,853 | €5,985 | -€15,868 | -72.6% |
| Furniture and vehicles | 24 | - | €5,985 | +€5,985 | |
| Current assets | 29/58 | €14,571 | €62,509 | +€47,938 | +329.0% |
| Stocks and contracts in progress | 3 | €14,025 | €48,777 | +€34,752 | +247.8% |
| Stocks | 30/36 | - | €48,777 | +€48,777 | |
| Amounts receivable within one year | 40/41 | - | €11,570 | +€11,570 | |
| Trade receivables | 40 | - | €11,570 | +€11,570 | |
| Cash at bank and in hand | 54/58 | €545 | €2,162 | +€1,616 | +296.4% |
| Total equity and liabilities | 10/49 | €36,423 | €68,493 | +€32,070 | +88.0% |
| Equity | 10/15 | €719 | -€6,991 | -€7,709 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,281 | -€9,991 | -€7,709 | -337.9% |
| Amounts payable | 17/49 | €35,704 | €75,484 | +€39,780 | +111.4% |
| Amounts payable after more than one year | 17 | €17,451 | €4,335 | -€13,116 | -75.2% |
| Financial debts | 170/4 | - | €4,335 | +€4,335 | |
| Amounts payable within one year | 42/48 | €18,253 | €71,149 | +€52,896 | +289.8% |
| Current portion of amounts payable after more than one year | 42 | - | €9,830 | +€9,830 | |
| Trade debts | 44 | €884 | €6,120 | +€5,236 | +592.3% |
| Suppliers | 440/4 | - | €6,120 | +€6,120 | |
| Taxes, remuneration and social security | 45 | - | €3,240 | +€3,240 | |
| Taxes | 450/3 | - | €3,240 | +€3,240 | |
| Other amounts payable | 47/48 | - | €51,959 | +€51,959 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,594 | €5,289 | +€696 | +15.1% |
| Gross operating margin | 9900 | €11,456 | €3,354 | -€8,101 | -70.7% |
| Operating profit (loss) | 9901 | €3,252 | -€1,935 | -€5,187 | |
| Financial charges | 65/66B | - | €750 | +€750 | |
| Recurring financial charges | 65 | €537 | €750 | +€214 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €2,715 | -€2,685 | -€5,401 | |
| Profit (loss) for the period | 9904 | €2,715 | -€2,685 | -€5,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,715 | -€2,685 | -€5,401 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.