ALFAKO: 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.
ALFAKO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts +€51,330
up €51,330 (+36.7%), from €139,751 to €191,081
- Profit (loss) carried forward -€40,190
down €40,190 (-14.8%), from -€271,784 to -€311,974
- Debts after one year -€11,883
down €11,883 (-10.2%), from €116,763 to €104,880
of which Other amounts payable: -€59,375
- Tax, wage and social debts -€6,161
down €6,161 (-15.8%), from €39,017 to €32,856
of which Remuneration and social security: -€3,123
- Current portion of long-term debt +€4,317
up €4,317 (+43.9%), from €9,832 to €14,149
- Turnover -€99,528
down €99,528 (-71.3%), from €139,688 to €40,160
- Purchases and services -€62,814
down €62,814 (-68.4%), from €91,832 to €29,018
- Gross operating margin -€45,291
down €45,291 (-80.3%), from €56,433 to €11,142
- Staff costs -€24,445
down €24,445, from €22,363 to -€2,082
- Other operating charges -€6,598
down €6,598 (-47.8%), from €13,801 to €7,203
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €356,168 | €356,159 | -€9 | 0.0% |
| Fixed assets | 21/28 | €303,114 | €301,111 | -€2,003 | -0.7% |
| Tangible fixed assets | 22/27 | €303,114 | €301,111 | -€2,003 | -0.7% |
| Other tangible fixed assets | 26 | €303,114 | €301,111 | -€2,003 | -0.7% |
| Current assets | 29/58 | €53,054 | €55,048 | +€1,994 | +3.8% |
| Stocks and contracts in progress | 3 | €37,095 | €36,845 | -€250 | -0.7% |
| Stocks | 30/36 | €37,095 | €36,845 | -€250 | -0.7% |
| Amounts receivable within one year | 40/41 | €14,766 | €17,294 | +€2,528 | +17.1% |
| Trade receivables | 40 | €14,766 | €17,294 | +€2,528 | +17.1% |
| Cash at bank and in hand | 54/58 | €1,193 | €909 | -€284 | -23.8% |
| Total equity and liabilities | 10/49 | €356,168 | €356,159 | -€9 | 0.0% |
| Equity | 10/15 | €44,430 | €4,240 | -€40,190 | -90.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €166,214 | €166,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,784 | -€311,974 | -€40,190 | -14.8% |
| Amounts payable | 17/49 | €311,738 | €351,919 | +€40,181 | +12.9% |
| Amounts payable after more than one year | 17 | €116,763 | €104,880 | -€11,883 | -10.2% |
| Financial debts | 170/4 | €57,388 | €104,880 | +€47,492 | +82.8% |
| Other amounts payable | 178/9 | €59,375 | - | -€59,375 | |
| Amounts payable within one year | 42/48 | €194,975 | €247,039 | +€52,064 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €9,832 | €14,149 | +€4,317 | +43.9% |
| Financial debts | 43 | €3,375 | €5,953 | +€2,578 | +76.4% |
| Credit institutions | 430/8 | €3,375 | €5,953 | +€2,578 | +76.4% |
| Trade debts | 44 | €139,751 | €191,081 | +€51,330 | +36.7% |
| Suppliers | 440/4 | €139,751 | €191,081 | +€51,330 | +36.7% |
| Taxes, remuneration and social security | 45 | €39,017 | €32,856 | -€6,161 | -15.8% |
| Taxes | 450/3 | €34,207 | €31,169 | -€3,038 | -8.9% |
| Remuneration and social security | 454/9 | €4,810 | €1,687 | -€3,123 | -64.9% |
| Other amounts payable | 47/48 | €3,000 | €3,000 | = | 0.0% |
| Turnover | 70 | €139,688 | €40,160 | -€99,528 | -71.3% |
| Non-recurring operating income | 76A | €8,433 | - | -€8,433 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,832 | €29,018 | -€62,814 | -68.4% |
| Remuneration, social security and pensions | 62 | €22,363 | -€2,082 | -€24,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,498 | €40,440 | -€1,058 | -2.5% |
| Other operating charges | 640/8 | €13,801 | €7,203 | -€6,598 | -47.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €56,433 | €11,142 | -€45,291 | -80.3% |
| Operating profit (loss) | 9901 | -€21,229 | -€34,419 | -€13,190 | -62.1% |
| Financial charges | 65/66B | €10,438 | €5,771 | -€4,667 | -44.7% |
| Recurring financial charges | 65 | €10,438 | €5,771 | -€4,667 | -44.7% |
| Profit (loss) for the period before taxes | 9903 | -€31,667 | -€40,190 | -€8,523 | -26.9% |
| Profit (loss) for the period | 9904 | -€31,667 | -€40,190 | -€8,523 | -26.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,667 | -€40,190 | -€8,523 | -26.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.