ALFA REGALI: 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 REGALI
Largest movements
- Cash +€20,252
up €20,252 (+87.2%), from €23,237 to €43,489
mainly Net result for the year (+€21,306) and Tax, wage and social debts (+€12,505)
- Receivables within one year +€8,548
up €8,548 (+22.6%), from €37,812 to €46,360
of which Trade receivables: +€7,050
- Reserves +€21,306
up €21,306 (+68.2%), from €31,219 to €52,525
of which Distributable reserves: +€21,306
- Tax, wage and social debts +€12,505
up €12,505 (+58.8%), from €21,256 to €33,761
of which Taxes: +€10,538
- Trade debts -€4,327
down €4,327 (-74.1%), from €5,841 to €1,514
- Gross operating margin -€4,866
down €4,866 (-12.2%), from €40,011 to €35,145
- Taxes +€3,502
up €3,502 (+46.0%), from €7,607 to €11,109
- Depreciation -€748
down €748 (-66.2%), from €1,131 to €383
- Other operating charges +€574
up €574 (+46.8%), from €1,227 to €1,801
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 | €64,985 | €94,200 | +€29,215 | +45.0% |
| Fixed assets | 21/28 | €3,364 | €3,769 | +€405 | +12.0% |
| Tangible fixed assets | 22/27 | €364 | €769 | +€405 | +111% |
| Furniture and vehicles | 24 | €364 | €769 | +€405 | +111% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €61,621 | €90,431 | +€28,810 | +46.8% |
| Amounts receivable within one year | 40/41 | €37,812 | €46,360 | +€8,548 | +22.6% |
| Trade receivables | 40 | €30,250 | €37,300 | +€7,050 | +23.3% |
| Other amounts receivable | 41 | €7,562 | €9,060 | +€1,498 | +19.8% |
| Cash at bank and in hand | 54/58 | €23,237 | €43,489 | +€20,252 | +87.2% |
| Deferred charges and accrued income | 490/1 | €572 | €583 | +€10 | +1.8% |
| Total equity and liabilities | 10/49 | €64,985 | €94,200 | +€29,215 | +45.0% |
| Equity | 10/15 | €37,619 | €58,925 | +€21,306 | +56.6% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €31,219 | €52,525 | +€21,306 | +68.2% |
| Non-distributable reserves | 130/1 | €966 | €966 | = | 0.0% |
| Reserves not available under the articles | 1311 | €966 | €966 | = | 0.0% |
| Distributable reserves | 133 | €30,253 | €51,559 | +€21,306 | +70.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €27,367 | €35,275 | +€7,909 | +28.9% |
| Amounts payable within one year | 42/48 | €27,367 | €35,275 | +€7,909 | +28.9% |
| Financial debts | 43 | €270 | €0 | -€270 | -100% |
| Credit institutions | 430/8 | €270 | €0 | -€270 | -100% |
| Trade debts | 44 | €5,841 | €1,514 | -€4,327 | -74.1% |
| Suppliers | 440/4 | €5,841 | €1,514 | -€4,327 | -74.1% |
| Taxes, remuneration and social security | 45 | €21,256 | €33,761 | +€12,505 | +58.8% |
| Taxes | 450/3 | €19,311 | €29,848 | +€10,538 | +54.6% |
| Remuneration and social security | 454/9 | €1,945 | €3,913 | +€1,968 | +101% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,131 | €383 | -€748 | -66.2% |
| Other operating charges | 640/8 | €1,227 | €1,801 | +€574 | +46.8% |
| Non-recurring operating charges | 66A | - | €364 | +€364 | |
| Gross operating margin | 9900 | €40,011 | €35,145 | -€4,866 | -12.2% |
| Operating profit (loss) | 9901 | €37,653 | €32,597 | -€5,056 | -13.4% |
| Financial income | 75/76B | €203 | €179 | -€24 | -11.8% |
| Recurring financial income | 75 | €203 | €179 | -€24 | -11.8% |
| Financial charges | 65/66B | €483 | €362 | -€120 | -25.0% |
| Recurring financial charges | 65 | €483 | €362 | -€120 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €37,374 | €32,415 | -€4,959 | -13.3% |
| Income taxes | 67/77 | €7,607 | €11,109 | +€3,502 | +46.0% |
| Profit (loss) for the period | 9904 | €29,767 | €21,306 | -€8,461 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,767 | €21,306 | -€8,461 | -28.4% |
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 15 October 2026 via checked.be.