ALFA SOLUTIONS: 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 SOLUTIONS
NACE 47.400, Retail sale of information and communication equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,647
2024 · €14,851-€10,205
Equity
€677,865
2024 · €673,218+€4,647
Cash
€234,008
2024 · €235,038-€1,030
Balance sheet total
€2.3m
2024 · €2.3m+€9,525
Largest movements
Assets
- Deferred charges and accrued income +€48,798
up €48,798 (+30.9%), from €157,991 to €206,789
Equity and liabilities
- Tax, wage and social debts -€48,723
down €48,723 (-16.7%), from €292,369 to €243,646
of which Remuneration and social security: -€61,026
- Trade debts +€38,098
up €38,098 (+7.0%), from €543,440 to €581,538
- Debts after one year +€31,593
new in 2025: €31,593
- Other debts -€24,186
down €24,186 (-50.9%), from €47,562 to €23,376
Income statement
- Turnover +€334,175
up €334,175 (+5.2%), from €6.4m to €6.8m
- Purchases and services +€224,983
up €224,983 (+4.6%), from €4.9m to €5.1m
- Staff costs +€165,348
up €165,348 (+11.6%), from €1.4m to €1.6m
- Gross operating margin +€149,251
up €149,251 (+9.3%), from €1.6m to €1.7m
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
€14,851
Gross operating margin
+€149,251
Staff costs
-€165,348
Depreciation
-€6,389
Other operating charges
+€14,483
Other operating items
-€491
Financial income
-€9,374
Financial charges
+€1,672
Taxes
+€5,991
Result 2025
€4,647
Cash bridge derived
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
+€33,637
Investment
-€74,356
Financing
+€39,690
Cash 2024
€235,038
From operations (derived)
+€33,637
Net result for the year
+€4,647
Depreciation
+€86,514
Stocks and contracts
+€9,602
Receivables within one year
+€16,482
Deferred charges and accrued income
-€48,798
Trade debts
+€38,098
Tax, wage and social debts
-€48,723
Other debts
-€24,186
Investment (derived)
-€74,356
Investment in fixed assets (net)
-€74,356
Financing
+€39,690
Debts after one year
+€31,593
Current portion of long-term debt
+€2,602
Short-term financial debts
+€5,494
Cash 2025
€234,008
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,298,996 | €2,308,521 | +€9,525 | +0.4% |
| Fixed assets | 21/28 | €631,400 | €619,242 | -€12,158 | -1.9% |
| Intangible fixed assets | 21 | €149,070 | €133,186 | -€15,885 | -10.7% |
| Tangible fixed assets | 22/27 | €412,632 | €416,359 | +€3,727 | +0.9% |
| Land and buildings | 22 | €320,777 | €283,554 | -€37,222 | -11.6% |
| Plant, machinery and equipment | 23 | €68,510 | €101,851 | +€33,341 | +48.7% |
| Furniture and vehicles | 24 | €23,345 | €30,953 | +€7,608 | +32.6% |
| Financial fixed assets | 28 | €69,697 | €69,697 | = | 0.0% |
| Current assets | 29/58 | €1,667,596 | €1,689,280 | +€21,683 | +1.3% |
| Stocks and contracts in progress | 3 | €661,706 | €652,104 | -€9,602 | -1.5% |
| Stocks | 30/36 | €661,706 | €652,104 | -€9,602 | -1.5% |
| Amounts receivable within one year | 40/41 | €612,861 | €596,379 | -€16,482 | -2.7% |
| Trade receivables | 40 | €408,949 | €405,880 | -€3,069 | -0.8% |
| Other amounts receivable | 41 | €203,912 | €190,499 | -€13,413 | -6.6% |
| Cash at bank and in hand | 54/58 | €235,038 | €234,008 | -€1,030 | -0.4% |
| Deferred charges and accrued income | 490/1 | €157,991 | €206,789 | +€48,798 | +30.9% |
| Total equity and liabilities | 10/49 | €2,298,996 | €2,308,521 | +€9,525 | +0.4% |
| Equity | 10/15 | €673,218 | €677,865 | +€4,647 | +0.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Capital | 10 | €600,000 | €600,000 | = | 0.0% |
| Issued capital | 100 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €73,218 | €77,865 | +€4,647 | +6.3% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €13,218 | €17,865 | +€4,647 | +35.2% |
| Amounts payable | 17/49 | €1,625,778 | €1,630,656 | +€4,879 | +0.3% |
| Amounts payable after more than one year | 17 | - | €31,593 | +€31,593 | |
| Financial debts | 170/4 | - | €31,593 | +€31,593 | |
| Amounts payable within one year | 42/48 | €1,625,778 | €1,599,063 | -€26,714 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €9,985 | €12,587 | +€2,602 | +26.1% |
| Financial debts | 43 | €732,422 | €737,917 | +€5,494 | +0.8% |
| Credit institutions | 430/8 | €732,422 | €737,917 | +€5,494 | +0.8% |
| Trade debts | 44 | €543,440 | €581,538 | +€38,098 | +7.0% |
| Suppliers | 440/4 | €543,440 | €581,538 | +€38,098 | +7.0% |
| Taxes, remuneration and social security | 45 | €292,369 | €243,646 | -€48,723 | -16.7% |
| Taxes | 450/3 | €60,177 | €72,479 | +€12,302 | +20.4% |
| Remuneration and social security | 454/9 | €232,192 | €171,166 | -€61,026 | -26.3% |
| Other amounts payable | 47/48 | €47,562 | €23,376 | -€24,186 | -50.9% |
| Turnover | 70 | €6,435,335 | €6,769,510 | +€334,175 | +5.2% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,890,587 | €5,115,570 | +€224,983 | +4.6% |
| Remuneration, social security and pensions | 62 | €1,424,361 | €1,589,709 | +€165,348 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,125 | €86,514 | +€6,389 | +8.0% |
| Other operating charges | 640/8 | €30,043 | €15,560 | -€14,483 | -48.2% |
| Non-recurring operating charges | 66A | €440 | €932 | +€491 | +111.5% |
| Gross operating margin | 9900 | €1,599,979 | €1,749,230 | +€149,251 | +9.3% |
| Operating profit (loss) | 9901 | €65,009 | €56,515 | -€8,494 | -13.1% |
| Financial income | 75/76B | €19,148 | €9,774 | -€9,374 | -49.0% |
| Recurring financial income | 75 | €19,148 | €9,774 | -€9,374 | -49.0% |
| Financial charges | 65/66B | €47,901 | €46,229 | -€1,672 | -3.5% |
| Recurring financial charges | 65 | €43,716 | €46,229 | +€2,513 | +5.7% |
| Non-recurring financial charges | 66B | €4,185 | - | -€4,185 | |
| Profit (loss) for the period before taxes | 9903 | €36,256 | €20,060 | -€16,196 | -44.7% |
| Income taxes | 67/77 | €21,405 | €15,414 | -€5,991 | -28.0% |
| Profit (loss) for the period | 9904 | €14,851 | €4,647 | -€10,205 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,851 | €4,647 | -€10,205 | -68.7% |
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 9 October 2026 via checked.be.