Alfa Energy: what changed
Alfa Energy
Largest movements
- Receivables within one year +€22,334
up €22,334 (+1,197%), from €1,866 to €24,200
of which Trade receivables: +€24,200
- Tangible fixed assets +€9,852
up €9,852 (+28.5%), from €34,534 to €44,385
of which Other tangible fixed assets: +€16,425
- Cash +€4,896
up €4,896 (+25.7%), from €19,050 to €23,946
mainly Net result for the year (+€31,546) and Tax, wage and social debts (+€14,744)
- Reserves +€31,546
up €31,546 (+141%), from €22,323 to €53,869
- Tax, wage and social debts +€14,744
up €14,744 (+214%), from €6,904 to €21,649
of which Taxes: +€12,994
- Other debts -€6,790
down €6,790 (-29.0%), from €23,419 to €16,629
- Trade debts -€2,303
down €2,303 (-66.6%), from €3,456 to €1,153
- Gross operating margin +€15,939
up €15,939 (+44.8%), from €35,600 to €51,539
- Depreciation +€2,784
up €2,784 (+38.1%), from €7,308 to €10,093
- Taxes +€2,244
up €2,244 (+38.1%), from €5,884 to €8,129
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,103 | €94,300 | +€37,197 | +65.1% |
| Fixed assets | 21/28 | €35,884 | €45,235 | +€9,352 | +26.1% |
| Tangible fixed assets | 22/27 | €34,534 | €44,385 | +€9,852 | +28.5% |
| Plant, machinery and equipment | 23 | - | €418 | +€418 | |
| Furniture and vehicles | 24 | €34,534 | €27,542 | -€6,992 | -20.2% |
| Other tangible fixed assets | 26 | - | €16,425 | +€16,425 | |
| Financial fixed assets | 28 | €1,350 | €850 | -€500 | -37.0% |
| Current assets | 29/58 | €21,219 | €49,064 | +€27,846 | +131% |
| Amounts receivable within one year | 40/41 | €1,866 | €24,200 | +€22,334 | +1,197% |
| Trade receivables | 40 | - | €24,200 | +€24,200 | |
| Other amounts receivable | 41 | €1,866 | €0 | -€1,866 | -100% |
| Cash at bank and in hand | 54/58 | €19,050 | €23,946 | +€4,896 | +25.7% |
| Deferred charges and accrued income | 490/1 | €302 | €918 | +€616 | +204% |
| Total equity and liabilities | 10/49 | €57,103 | €94,300 | +€37,197 | +65.1% |
| Equity | 10/15 | €23,323 | €54,869 | +€31,546 | +135% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,323 | €53,869 | +€31,546 | +141% |
| Distributable reserves | 133 | €22,323 | €53,869 | +€31,546 | +141% |
| Amounts payable | 17/49 | €33,780 | €39,430 | +€5,651 | +16.7% |
| Amounts payable within one year | 42/48 | €33,780 | €39,430 | +€5,651 | +16.7% |
| Trade debts | 44 | €3,456 | €1,153 | -€2,303 | -66.6% |
| Suppliers | 440/4 | €3,456 | €1,153 | -€2,303 | -66.6% |
| Taxes, remuneration and social security | 45 | €6,904 | €21,649 | +€14,744 | +214% |
| Taxes | 450/3 | €6,904 | €19,899 | +€12,994 | +188% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €23,419 | €16,629 | -€6,790 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,308 | €10,093 | +€2,784 | +38.1% |
| Other operating charges | 640/8 | - | €130 | +€130 | |
| Non-recurring operating charges | 66A | - | €1,410 | +€1,410 | |
| Gross operating margin | 9900 | €35,600 | €51,539 | +€15,939 | +44.8% |
| Operating profit (loss) | 9901 | €28,292 | €39,906 | +€11,615 | +41.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €84 | €231 | +€147 | +174% |
| Recurring financial charges | 65 | €84 | €231 | +€147 | +174% |
| Profit (loss) for the period before taxes | 9903 | €28,207 | €39,675 | +€11,468 | +40.7% |
| Income taxes | 67/77 | €5,884 | €8,129 | +€2,244 | +38.1% |
| Profit (loss) for the period | 9904 | €22,323 | €31,546 | +€9,224 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,323 | €31,546 | +€9,224 | +41.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.