Alfa Insight: 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 Insight
Largest movements
- Cash -€196
down €196 (-62.4%), from €314 to €118
mainly Net result for the year (-€14,409)
- Profit (loss) carried forward -€14,409
down €14,409 (-11.5%), from -€125,142 to -€139,551
- Other debts +€12,931
up €12,931 (+11.6%), from €111,848 to €124,779
- Tax, wage and social debts +€1,269
up €1,269 (+34.7%), from €3,652 to €4,920
of which Remuneration and social security: +€2,400
- Gross operating margin -€17,782
down €17,782, from €3,999 to -€13,784
- Other operating charges -€227
down €227 (-26.6%), from €852 to €625
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 | €11,204 | €11,008 | -€196 | -1.8% |
| Current assets | 29/58 | €11,204 | €11,008 | -€196 | -1.8% |
| Amounts receivable within one year | 40/41 | €10,890 | €10,890 | = | 0.0% |
| Trade receivables | 40 | €10,890 | €10,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €314 | €118 | -€196 | -62.4% |
| Total equity and liabilities | 10/49 | €11,204 | €11,008 | -€196 | -1.8% |
| Equity | 10/15 | -€104,682 | -€119,091 | -€14,409 | -13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,142 | -€139,551 | -€14,409 | -11.5% |
| Amounts payable | 17/49 | €115,886 | €130,099 | +€14,213 | +12.3% |
| Amounts payable within one year | 42/48 | €115,886 | €130,099 | +€14,213 | +12.3% |
| Trade debts | 44 | €386 | €400 | +€13 | +3.5% |
| Suppliers | 440/4 | €386 | €400 | +€13 | +3.5% |
| Taxes, remuneration and social security | 45 | €3,652 | €4,920 | +€1,269 | +34.7% |
| Taxes | 450/3 | €1,252 | €120 | -€1,131 | -90.4% |
| Remuneration and social security | 454/9 | €2,400 | €4,800 | +€2,400 | +100% |
| Other amounts payable | 47/48 | €111,848 | €124,779 | +€12,931 | +11.6% |
| Other operating charges | 640/8 | €852 | €625 | -€227 | -26.6% |
| Gross operating margin | 9900 | €3,999 | -€13,784 | -€17,782 | |
| Operating profit (loss) | 9901 | €3,146 | -€14,409 | -€17,555 | |
| Financial charges | 65/66B | €66 | - | -€66 | |
| Recurring financial charges | 65 | €66 | - | -€66 | |
| Profit (loss) for the period before taxes | 9903 | €3,080 | -€14,409 | -€17,489 | |
| Profit (loss) for the period | 9904 | €3,080 | -€14,409 | -€17,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,080 | -€14,409 | -€17,489 |
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 18 October 2026 via checked.be.