Alfa Park: 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.
What changed
Alfa Park
NACE 52.210, Service activities incidental to land transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€511,578
2024 · €465,518+€46,060
Equity
€3.6m
2024 · €3.1m+€511,578
Cash
€185,034
2024 · €220,859-€35,825
Balance sheet total
€5.9m
2024 · €5.6m+€327,289
Largest movements
Assets
- Receivables within one year +€384,544
up €384,544 (+107%), from €360,719 to €745,263
of which Other amounts receivable: +€275,323
Equity and liabilities
- Reserves +€511,500
up €511,500 (+50.6%), from €1.0m to €1.5m
of which Distributable reserves: +€485,900
- Debts after one year -€228,296
down €228,296 (-13.8%), from €1.7m to €1.4m
- Tax, wage and social debts +€81,167
up €81,167 (+40.5%), from €200,165 to €281,332
of which Remuneration and social security: +€44,839
- Other debts -€64,944
down €64,944 (-27.8%), from €233,812 to €168,868
Income statement
- Staff costs +€216,300
up €216,300 (+18.2%), from €1.2m to €1.4m
- Gross operating margin +€145,667
up €145,667 (+6.5%), from €2.2m to €2.4m
- Other operating charges -€94,950
down €94,950 (-31.5%), from €301,873 to €206,923
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.
Result 2024
€465,518
Gross operating margin
+€145,667
Staff costs
-€216,300
Depreciation
+€12,048
Other operating charges
+€94,950
Other operating items
-€66
Financial income
-€392
Financial charges
+€10,153
Result 2025
€511,578
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€329,768
Investment
-€137,297
Financing
-€228,296
Cash 2024
€220,859
From operations (derived)
+€329,768
Net result for the year
+€511,578
Depreciation
+€159,914
Receivables within one year
-€384,544
Smaller working-capital items
-€1,288
Trade debts
+€27,884
Tax, wage and social debts
+€81,167
Other debts
-€64,944
Investment (derived)
-€137,297
Investment in fixed assets (net)
-€137,297
Financing
-€228,296
Debts after one year
-€228,296
Contributions, distributions and other
-€0
Cash 2025
€185,034
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,554,509 | €5,881,798 | +€327,289 | +5.9% |
| Fixed assets | 21/28 | €4,956,032 | €4,933,415 | -€22,617 | -0.5% |
| Intangible fixed assets | 21 | €6,657 | €6,527 | -€130 | -1.9% |
| Tangible fixed assets | 22/27 | €4,857,186 | €4,834,698 | -€22,488 | -0.5% |
| Land and buildings | 22 | €4,659,600 | €4,547,009 | -€112,591 | -2.4% |
| Plant, machinery and equipment | 23 | €90,310 | €120,394 | +€30,084 | +33.3% |
| Furniture and vehicles | 24 | €38,490 | €22,559 | -€15,931 | -41.4% |
| Other tangible fixed assets | 26 | €64,571 | €144,736 | +€80,165 | +124% |
| Assets under construction and advance payments | 27 | €4,216 | €0 | -€4,216 | -100% |
| Financial fixed assets | 28 | €92,189 | €92,189 | = | 0.0% |
| Current assets | 29/58 | €598,477 | €948,384 | +€349,907 | +58.5% |
| Stocks and contracts in progress | 3 | €2,300 | €2,300 | = | 0.0% |
| Stocks | 30/36 | €2,300 | €2,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €360,719 | €745,263 | +€384,544 | +107% |
| Trade receivables | 40 | €346,707 | €455,928 | +€109,221 | +31.5% |
| Other amounts receivable | 41 | €14,013 | €289,336 | +€275,323 | +1,965% |
| Cash at bank and in hand | 54/58 | €220,859 | €185,034 | -€35,825 | -16.2% |
| Deferred charges and accrued income | 490/1 | €14,598 | €15,786 | +€1,188 | +8.1% |
| Total equity and liabilities | 10/49 | €5,554,509 | €5,881,798 | +€327,289 | +5.9% |
| Equity | 10/15 | €3,073,878 | €3,585,456 | +€511,578 | +16.6% |
| Contributions | 10/11 | €2,062,600 | €2,062,600 | = | 0.0% |
| Capital | 10 | €2,062,600 | €2,062,600 | = | 0.0% |
| Issued capital | 100 | €2,062,600 | €2,062,600 | = | 0.0% |
| Reserves | 13 | €1,009,902 | €1,521,402 | +€511,500 | +50.6% |
| Non-distributable reserves | 130/1 | €52,902 | €78,502 | +€25,600 | +48.4% |
| Legal reserve | 130 | €52,902 | €78,502 | +€25,600 | +48.4% |
| Distributable reserves | 133 | €957,000 | €1,442,900 | +€485,900 | +50.8% |
| Profit (loss) carried forward | 14 | €1,376 | €1,454 | +€78 | +5.7% |
| Amounts payable | 17/49 | €2,480,631 | €2,296,342 | -€184,289 | -7.4% |
| Amounts payable after more than one year | 17 | €1,655,176 | €1,426,880 | -€228,296 | -13.8% |
| Financial debts | 170/4 | €1,655,176 | €1,426,880 | -€228,296 | -13.8% |
| Amounts payable within one year | 42/48 | €813,455 | €857,562 | +€44,107 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €228,296 | €228,296 | = | 0.0% |
| Trade debts | 44 | €151,182 | €179,066 | +€27,884 | +18.4% |
| Suppliers | 440/4 | €151,182 | €179,066 | +€27,884 | +18.4% |
| Taxes, remuneration and social security | 45 | €200,165 | €281,332 | +€81,167 | +40.5% |
| Taxes | 450/3 | €80,554 | €116,881 | +€36,327 | +45.1% |
| Remuneration and social security | 454/9 | €119,611 | €164,450 | +€44,839 | +37.5% |
| Other amounts payable | 47/48 | €233,812 | €168,868 | -€64,944 | -27.8% |
| Accrued charges and deferred income | 492/3 | €12,000 | €11,900 | -€100 | -0.8% |
| Non-recurring operating income | 76A | €956 | - | -€956 | |
| Remuneration, social security and pensions | 62 | €1,191,345 | €1,407,646 | +€216,300 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,962 | €159,914 | -€12,048 | -7.0% |
| Other operating charges | 640/8 | €301,873 | €206,923 | -€94,950 | -31.5% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Non-recurring operating charges | 66A | €27 | €93 | +€66 | +248% |
| Gross operating margin | 9900 | €2,225,732 | €2,371,399 | +€145,667 | +6.5% |
| Operating profit (loss) | 9901 | €560,525 | €596,823 | +€36,299 | +6.5% |
| Financial income | 75/76B | €2,235 | €1,843 | -€392 | -17.5% |
| Recurring financial income | 75 | €600 | €1,843 | +€1,243 | +207% |
| Non-recurring financial income | 76B | €1,635 | - | -€1,635 | |
| Financial charges | 65/66B | €97,241 | €87,088 | -€10,153 | -10.4% |
| Recurring financial charges | 65 | €97,241 | €87,088 | -€10,153 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €465,518 | €511,578 | +€46,060 | +9.9% |
| Profit (loss) for the period | 9904 | €465,518 | €511,578 | +€46,060 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €465,518 | €511,578 | +€46,060 | +9.9% |
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 26 October 2026 via checked.be.