Alfa - Immo: 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 - Immo
Largest movements
- Cash +€16,678
up €16,678 (+238.2%), from €7,003 to €23,681
mainly Depreciation (+€11,194) and Net result for the year (+€4,850)
- Tangible fixed assets -€11,194
down €11,194 (-6.0%), from €185,301 to €174,107
- Deferred charges and accrued income -€4,800
no longer reported in 2024 (was €4,800)
- Reserves +€5,859
up €5,859 (+9.9%), from €59,200 to €65,059
of which Distributable reserves: +€4,000
- Trade debts -€3,455
no longer reported in 2024 (was €3,455)
- Accrued charges and deferred income +€2,354
up €2,354 (+22.7%), from €10,382 to €12,736
- Current portion of long-term debt -€2,229
no longer reported in 2024 (was €2,229)
- Financial charges +€4,896
up €4,896 (+1166.8%), from €420 to €5,315
- Gross operating margin +€1,829
up €1,829 (+6.9%), from €26,667 to €28,496
- Depreciation -€1,487
down €1,487 (-11.7%), from €12,681 to €11,194
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €197,659 | €198,494 | +€835 | +0.4% |
| Fixed assets | 21/28 | €185,301 | €174,107 | -€11,194 | -6.0% |
| Tangible fixed assets | 22/27 | €185,301 | €174,107 | -€11,194 | -6.0% |
| Land and buildings | 22 | €185,301 | €174,107 | -€11,194 | -6.0% |
| Current assets | 29/58 | €12,358 | €24,386 | +€12,028 | +97.3% |
| Amounts receivable within one year | 40/41 | €555 | €705 | +€150 | +27.0% |
| Other amounts receivable | 41 | €555 | €705 | +€150 | +27.0% |
| Cash at bank and in hand | 54/58 | €7,003 | €23,681 | +€16,678 | +238.2% |
| Deferred charges and accrued income | 490/1 | €4,800 | - | -€4,800 | |
| Total equity and liabilities | 10/49 | €197,659 | €198,494 | +€835 | +0.4% |
| Equity | 10/15 | €142,702 | €147,553 | +€4,850 | +3.4% |
| Contributions | 10/11 | €20,451 | €18,592 | -€1,859 | -9.1% |
| Reserves | 13 | €59,200 | €65,059 | +€5,859 | +9.9% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €59,200 | €63,200 | +€4,000 | +6.8% |
| Profit (loss) carried forward | 14 | €63,051 | €63,901 | +€850 | +1.3% |
| Amounts payable | 17/49 | €54,957 | €50,941 | -€4,016 | -7.3% |
| Amounts payable within one year | 42/48 | €44,575 | €38,205 | -€6,370 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €2,229 | - | -€2,229 | |
| Trade debts | 44 | €3,455 | - | -€3,455 | |
| Suppliers | 440/4 | €3,455 | - | -€3,455 | |
| Taxes, remuneration and social security | 45 | €686 | - | -€686 | |
| Taxes | 450/3 | €686 | - | -€686 | |
| Other amounts payable | 47/48 | €38,205 | €38,205 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,382 | €12,736 | +€2,354 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,681 | €11,194 | -€1,487 | -11.7% |
| Other operating charges | 640/8 | €4,786 | €4,986 | +€200 | +4.2% |
| Gross operating margin | 9900 | €26,667 | €28,496 | +€1,829 | +6.9% |
| Operating profit (loss) | 9901 | €9,200 | €12,316 | +€3,116 | +33.9% |
| Financial charges | 65/66B | €420 | €5,315 | +€4,896 | +1166.8% |
| Recurring financial charges | 65 | €420 | €5,315 | +€4,896 | +1166.8% |
| Profit (loss) for the period before taxes | 9903 | €8,780 | €7,000 | -€1,780 | -20.3% |
| Income taxes | 67/77 | €2,195 | €2,150 | -€45 | -2.0% |
| Profit (loss) for the period | 9904 | €6,585 | €4,850 | -€1,735 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,585 | €4,850 | -€1,735 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.