ALFA IMMO GROUP: 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 IMMO GROUP
Largest movements
- Cash +€9,218
up €9,218 (+16.6%), from €55,670 to €64,887
mainly Net result for the year (+€10,657) and Deferred charges and accrued income (+€5,664)
- Deferred charges and accrued income -€5,664
down €5,664 (-40.0%), from €14,164 to €8,500
- Reserves +€10,657
up €10,657 (+29.2%), from €36,439 to €47,096
of which Distributable reserves: +€10,657
- Other debts -€6,998
down €6,998 (-17.8%), from €39,394 to €32,396
- Other operating charges -€2,833
down €2,833 (-42.4%), from €6,684 to €3,851
- Gross operating margin -€1,503
down €1,503 (-6.6%), from €22,904 to €21,400
- Taxes +€403
up €403 (+8.7%), from €4,643 to €5,046
- Financial charges -€327
down €327 (-15.0%), from €2,172 to €1,846
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.
Cash bridge derived
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 | €105,973 | €109,527 | +€3,554 | +3.4% |
| Fixed assets | 21/28 | €36,139 | €36,139 | = | 0.0% |
| Tangible fixed assets | 22/27 | €36,139 | €36,139 | = | 0.0% |
| Land and buildings | 22 | €36,139 | €36,139 | = | 0.0% |
| Current assets | 29/58 | €69,834 | €73,387 | +€3,554 | +5.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €55,670 | €64,887 | +€9,218 | +16.6% |
| Deferred charges and accrued income | 490/1 | €14,164 | €8,500 | -€5,664 | -40.0% |
| Total equity and liabilities | 10/49 | €105,973 | €109,527 | +€3,554 | +3.4% |
| Equity | 10/15 | €61,637 | €72,294 | +€10,657 | +17.3% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €36,439 | €47,096 | +€10,657 | +29.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €36,439 | €47,096 | +€10,657 | +29.2% |
| Profit (loss) carried forward | 14 | €12,803 | €12,803 | = | 0.0% |
| Amounts payable | 17/49 | €44,336 | €37,232 | -€7,104 | -16.0% |
| Amounts payable within one year | 42/48 | €42,736 | €35,971 | -€6,765 | -15.8% |
| Trade debts | 44 | €2,000 | €2,000 | = | 0.0% |
| Suppliers | 440/4 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,342 | €1,575 | +€233 | +17.3% |
| Taxes | 450/3 | €1,342 | €1,575 | +€233 | +17.3% |
| Other amounts payable | 47/48 | €39,394 | €32,396 | -€6,998 | -17.8% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,261 | -€339 | -21.2% |
| Other operating charges | 640/8 | €6,684 | €3,851 | -€2,833 | -42.4% |
| Gross operating margin | 9900 | €22,904 | €21,400 | -€1,503 | -6.6% |
| Operating profit (loss) | 9901 | €16,220 | €17,549 | +€1,329 | +8.2% |
| Financial charges | 65/66B | €2,172 | €1,846 | -€327 | -15.0% |
| Recurring financial charges | 65 | €2,172 | €1,846 | -€327 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €14,048 | €15,704 | +€1,656 | +11.8% |
| Income taxes | 67/77 | €4,643 | €5,046 | +€403 | +8.7% |
| Profit (loss) for the period | 9904 | €9,405 | €10,657 | +€1,253 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,405 | €10,657 | +€1,253 | +13.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.