ALFALFA: 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.
ALFALFA
Largest movements
- Cash +€25,647
up €25,647 (+88.7%), from €28,915 to €54,562
mainly Net result for the year (+€21,453) and Depreciation (+€20,425)
- Intangible fixed assets -€10,500
down €10,500 (-78.5%), from €13,384 to €2,884
- Tangible fixed assets -€8,966
down €8,966 (-19.5%), from €46,006 to €37,040
of which Plant, machinery and equipment: -€5,957
- Stocks and contracts +€5,004
up €5,004 (+76.4%), from €6,551 to €11,555
- Profit (loss) carried forward +€18,954
up €18,954, from -€14,257 to €4,697
- Debts after one year -€5,819
down €5,819 (-13.3%), from €43,851 to €38,032
- Other debts -€4,745
down €4,745 (-93.5%), from €5,073 to €328
- Tax, wage and social debts +€3,540
up €3,540 (+64.5%), from €5,491 to €9,031
of which Taxes: +€5,210
- Trade debts -€1,947
no longer reported in 2024 (was €1,947)
- Gross operating margin +€13,297
up €13,297 (+29.7%), from €44,812 to €58,109
- Staff costs -€2,674
down €2,674 (-15.8%), from €16,876 to €14,202
- Financial charges -€1,528
down €1,528 (-70.9%), from €2,156 to €628
- Taxes +€1,499
new in 2024: €1,499
- Other operating charges -€1,358
no longer reported in 2024 (was €1,358)
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 | €97,925 | €107,618 | +€9,693 | +9.9% |
| Fixed assets | 21/28 | €59,389 | €39,924 | -€19,465 | -32.8% |
| Intangible fixed assets | 21 | €13,384 | €2,884 | -€10,500 | -78.5% |
| Tangible fixed assets | 22/27 | €46,006 | €37,040 | -€8,966 | -19.5% |
| Plant, machinery and equipment | 23 | €12,142 | €6,185 | -€5,957 | -49.1% |
| Other tangible fixed assets | 26 | €33,863 | €30,855 | -€3,008 | -8.9% |
| Current assets | 29/58 | €38,536 | €67,694 | +€29,158 | +75.7% |
| Stocks and contracts in progress | 3 | €6,551 | €11,555 | +€5,004 | +76.4% |
| Stocks | 30/36 | €6,551 | €11,555 | +€5,004 | +76.4% |
| Amounts receivable within one year | 40/41 | €2,368 | €1,577 | -€791 | -33.4% |
| Trade receivables | 40 | €1,577 | €1,577 | -€0 | 0.0% |
| Other amounts receivable | 41 | €790 | - | -€790 | |
| Cash at bank and in hand | 54/58 | €28,915 | €54,562 | +€25,647 | +88.7% |
| Deferred charges and accrued income | 490/1 | €702 | - | -€702 | |
| Total equity and liabilities | 10/49 | €97,925 | €107,618 | +€9,693 | +9.9% |
| Equity | 10/15 | €35,743 | €54,697 | +€18,954 | +53.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,257 | €4,697 | +€18,954 | |
| Amounts payable | 17/49 | €62,182 | €52,921 | -€9,261 | -14.9% |
| Amounts payable after more than one year | 17 | €43,851 | €38,032 | -€5,819 | -13.3% |
| Financial debts | 170/4 | €43,851 | €38,032 | -€5,819 | -13.3% |
| Amounts payable within one year | 42/48 | €18,330 | €14,590 | -€3,740 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €5,819 | €5,231 | -€588 | -10.1% |
| Trade debts | 44 | €1,947 | - | -€1,947 | |
| Suppliers | 440/4 | €1,947 | - | -€1,947 | |
| Taxes, remuneration and social security | 45 | €5,491 | €9,031 | +€3,540 | +64.5% |
| Taxes | 450/3 | €1,589 | €6,799 | +€5,210 | +328% |
| Remuneration and social security | 454/9 | €3,902 | €2,232 | -€1,670 | -42.8% |
| Other amounts payable | 47/48 | €5,073 | €328 | -€4,745 | -93.5% |
| Accrued charges and deferred income | 492/3 | - | €299 | +€299 | |
| Remuneration, social security and pensions | 62 | €16,876 | €14,202 | -€2,674 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,297 | €20,425 | +€128 | +0.6% |
| Other operating charges | 640/8 | €1,358 | - | -€1,358 | |
| Gross operating margin | 9900 | €44,812 | €58,109 | +€13,297 | +29.7% |
| Operating profit (loss) | 9901 | €6,280 | €23,482 | +€17,202 | +274% |
| Financial income | 75/76B | €39 | €98 | +€59 | +152% |
| Recurring financial income | 75 | €39 | €98 | +€59 | +152% |
| Financial charges | 65/66B | €2,156 | €628 | -€1,528 | -70.9% |
| Recurring financial charges | 65 | €2,156 | €628 | -€1,528 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €4,164 | €22,952 | +€18,788 | +451% |
| Income taxes | 67/77 | - | €1,499 | +€1,499 | |
| Profit (loss) for the period | 9904 | €4,164 | €21,453 | +€17,289 | +415% |
| Profit (loss) for the period to be appropriated | 9905 | €4,164 | €21,453 | +€17,289 | +415% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.