ALFA SERVICES: what changed
Two fiscal 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 SERVICES
Largest movements
- Cash -€30,162
down €30,162 (-92.2%), from €32,713 to €2,551
mainly Debts after one year (-€9,494) and Net result for the year (-€8,192)
- Tangible fixed assets -€5,633
down €5,633 (-23.8%), from €23,686 to €18,053
of which Plant, machinery and equipment: -€4,640
- Stocks and contracts +€4,250
up €4,250 (+283.3%), from €1,500 to €5,750
- Receivables within one year +€2,546
up €2,546 (+473.2%), from €538 to €3,084
- Debts after one year -€9,494
down €9,494 (-34.3%), from €27,643 to €18,148
- Profit (loss) carried forward -€8,192
down €8,192 (-31.7%), from -€25,827 to -€34,019
- Trade debts -€6,913
down €6,913 (-65.6%), from €10,540 to €3,627
- Short-term financial debts -€6,140
no longer reported in 2023 (was €6,140)
- Current portion of long-term debt +€1,740
up €1,740 (+22.4%), from €7,755 to €9,494
- Staff costs -€13,344
down €13,344 (-86.8%), from €15,371 to €2,026
- Purchases and services -€11,940
down €11,940 (-18.8%), from €63,384 to €51,444
- Gross operating margin +€11,625
up €11,625, from -€6,063 to €5,563
- Financial charges -€1,641
down €1,641 (-63.8%), from €2,573 to €932
- Other operating charges +€607
up €607 (+67.5%), from €899 to €1,505
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,521 | €29,522 | -€29,000 | -49.6% |
| Fixed assets | 21/28 | €23,771 | €18,137 | -€5,633 | -23.7% |
| Tangible fixed assets | 22/27 | €23,686 | €18,053 | -€5,633 | -23.8% |
| Plant, machinery and equipment | 23 | €7,891 | €3,251 | -€4,640 | -58.8% |
| Furniture and vehicles | 24 | €14,729 | €14,296 | -€433 | -2.9% |
| Other tangible fixed assets | 26 | €1,066 | €506 | -€560 | -52.5% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €34,751 | €11,384 | -€23,367 | -67.2% |
| Stocks and contracts in progress | 3 | €1,500 | €5,750 | +€4,250 | +283.3% |
| Stocks | 30/36 | €1,500 | €5,750 | +€4,250 | +283.3% |
| Amounts receivable within one year | 40/41 | €538 | €3,084 | +€2,546 | +473.2% |
| Other amounts receivable | 41 | €538 | €3,084 | +€2,546 | +473.2% |
| Cash at bank and in hand | 54/58 | €32,713 | €2,551 | -€30,162 | -92.2% |
| Total equity and liabilities | 10/49 | €58,521 | €29,522 | -€29,000 | -49.6% |
| Equity | 10/15 | €6,444 | -€1,748 | -€8,192 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,679 | €13,679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,820 | €11,820 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,827 | -€34,019 | -€8,192 | -31.7% |
| Amounts payable | 17/49 | €52,078 | €31,270 | -€20,808 | -40.0% |
| Amounts payable after more than one year | 17 | €27,643 | €18,148 | -€9,494 | -34.3% |
| Financial debts | 170/4 | €27,643 | €18,148 | -€9,494 | -34.3% |
| Amounts payable within one year | 42/48 | €24,435 | €13,122 | -€11,313 | -46.3% |
| Current portion of amounts payable after more than one year | 42 | €7,755 | €9,494 | +€1,740 | +22.4% |
| Financial debts | 43 | €6,140 | - | -€6,140 | |
| Credit institutions | 430/8 | €6,140 | - | -€6,140 | |
| Trade debts | 44 | €10,540 | €3,627 | -€6,913 | -65.6% |
| Suppliers | 440/4 | €10,540 | €3,627 | -€6,913 | -65.6% |
| Turnover | 70 | €57,321 | €57,006 | -€315 | -0.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €63,384 | €51,444 | -€11,940 | -18.8% |
| Remuneration, social security and pensions | 62 | €15,371 | €2,026 | -€13,344 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €9,261 | +€82 | +0.9% |
| Other operating charges | 640/8 | €899 | €1,505 | +€607 | +67.5% |
| Gross operating margin | 9900 | -€6,063 | €5,563 | +€11,625 | |
| Operating profit (loss) | 9901 | -€31,511 | -€7,230 | +€24,281 | +77.1% |
| Financial charges | 65/66B | €2,573 | €932 | -€1,641 | -63.8% |
| Recurring financial charges | 65 | €2,573 | €932 | -€1,641 | -63.8% |
| Profit (loss) for the period before taxes | 9903 | -€34,084 | -€8,163 | +€25,922 | +76.1% |
| Income taxes | 67/77 | €88 | €30 | -€58 | -66.4% |
| Profit (loss) for the period | 9904 | -€34,172 | -€8,192 | +€25,980 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,172 | -€8,192 | +€25,980 | +76.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.