ALFA INFORMATIC: 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 INFORMATIC
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€100,461
down €100,461 (-36.9%), from €271,914 to €171,452
mainly Contributions, distributions and other (-€500,000) and Current investments (-€200,000)
- Stocks and contracts -€44,286
down €44,286 (-29.7%), from €148,909 to €104,624
- Receivables within one year -€14,533
down €14,533 (-7.2%), from €202,914 to €188,381
of which Other amounts receivable: -€7,391
- Other debts +€250,000
up €250,000 (+100%), from €250,000 to €500,000
- Profit (loss) carried forward -€126,162
down €126,162 (-100%), from €126,162 to €0
- Reserves -€82,166
down €82,166 (-17.7%), from €464,500 to €382,334
of which Distributable reserves: -€82,166
- Gross operating margin +€27,262
up €27,262 (+7.3%), from €372,932 to €400,194
- Write-downs +€6,980
new in 2025: €6,980
- Taxes +€5,063
up €5,063 (+5.5%), from €92,178 to €97,241
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 | €916,716 | €957,436 | +€40,720 | +4.4% |
| Fixed assets | 21/28 | €292,978 | €292,978 | = | 0.0% |
| Tangible fixed assets | 22/27 | €292,978 | €292,978 | = | 0.0% |
| Land and buildings | 22 | €292,978 | €292,978 | = | 0.0% |
| Current assets | 29/58 | €623,737 | €664,457 | +€40,720 | +6.5% |
| Stocks and contracts in progress | 3 | €148,909 | €104,624 | -€44,286 | -29.7% |
| Stocks | 30/36 | €148,909 | €104,624 | -€44,286 | -29.7% |
| Amounts receivable within one year | 40/41 | €202,914 | €188,381 | -€14,533 | -7.2% |
| Trade receivables | 40 | €172,764 | €165,622 | -€7,142 | -4.1% |
| Other amounts receivable | 41 | €30,150 | €22,759 | -€7,391 | -24.5% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €271,914 | €171,452 | -€100,461 | -36.9% |
| Total equity and liabilities | 10/49 | €916,716 | €957,436 | +€40,720 | +4.4% |
| Equity | 10/15 | €655,662 | €447,334 | -€208,328 | -31.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €464,500 | €382,334 | -€82,166 | -17.7% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €458,000 | €375,834 | -€82,166 | -17.9% |
| Profit (loss) carried forward | 14 | €126,162 | €0 | -€126,162 | -100% |
| Amounts payable | 17/49 | €261,054 | €510,102 | +€249,048 | +95.4% |
| Amounts payable within one year | 42/48 | €261,054 | €510,102 | +€249,048 | +95.4% |
| Trade debts | 44 | €7,690 | €4,696 | -€2,993 | -38.9% |
| Suppliers | 440/4 | €7,690 | €4,696 | -€2,993 | -38.9% |
| Advances received on contracts in progress | 46 | €1,186 | €0 | -€1,186 | -100% |
| Taxes, remuneration and social security | 45 | €2,178 | €5,405 | +€3,227 | +148% |
| Taxes | 450/3 | €2,178 | €5,405 | +€3,227 | +148% |
| Other amounts payable | 47/48 | €250,000 | €500,000 | +€250,000 | +100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,980 | +€6,980 | |
| Other operating charges | 640/8 | €4,511 | €4,782 | +€272 | +6.0% |
| Gross operating margin | 9900 | €372,932 | €400,194 | +€27,262 | +7.3% |
| Operating profit (loss) | 9901 | €368,421 | €388,433 | +€20,011 | +5.4% |
| Financial income | 75/76B | €689 | €1,019 | +€331 | +48.0% |
| Recurring financial income | 75 | €689 | €1,019 | +€331 | +48.0% |
| Financial charges | 65/66B | €398 | €539 | +€141 | +35.5% |
| Recurring financial charges | 65 | €398 | €539 | +€141 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €368,712 | €388,912 | +€20,200 | +5.5% |
| Income taxes | 67/77 | €92,178 | €97,241 | +€5,063 | +5.5% |
| Profit (loss) for the period | 9904 | €276,534 | €291,672 | +€15,138 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €276,534 | €291,672 | +€15,138 | +5.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.