ALFAPASS: 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
ALFAPASS
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€716,027
2024 · €782,592-€66,565
Equity
€506,878
2024 · €500,851+€6,027
Cash
€1.4m
2024 · €1.5m-€73,820
Balance sheet total
€3.2m
2024 · €3.2m-€23,124
Largest movements
Assets
- Receivables within one year +€123,077
up €123,077 (+50.2%), from €245,256 to €368,333
of which Other amounts receivable: +€155,699
- Cash -€73,820
down €73,820 (-5.0%), from €1.5m to €1.4m
mainly Contributions, distributions and other (-€710,000) and Trade debts (-€184,139)
- Intangible fixed assets -€72,214
down €72,214 (-34.9%), from €207,132 to €134,918
- Stocks and contracts +€42,656
up €42,656 (+119.6%), from €35,657 to €78,313
Equity and liabilities
- Trade debts -€184,139
down €184,139 (-28.6%), from €643,893 to €459,754
- Accrued charges and deferred income +€141,893
up €141,893 (+12.2%), from €1.2m to €1.3m
- Tax, wage and social debts +€78,095
up €78,095 (+81.9%), from €95,366 to €173,461
of which Remuneration and social security: +€57,461
- Other debts -€65,000
down €65,000 (-8.4%), from €775,000 to €710,000
Income statement
- Staff costs +€190,047
up €190,047 (+25.1%), from €756,848 to €946,895
- Services and other goods -€177,384
down €177,384 (-9.2%), from €1.9m to €1.8m
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
€782,592
Turnover
-€19,248
Other operating income
+€1,096
Goods and materials
+€6,941
Services and other goods
+€177,384
Staff costs
-€190,047
Depreciation
-€1,165
Write-downs
-€36,168
Other operating charges
-€1,396
Financial income
-€2,762
Financial charges
-€209
Taxes
-€991
Result 2025
€716,027
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
+€660,818
Investment
-€24,638
Financing
-€710,000
Cash 2024
€1.5m
From operations (derived)
+€660,818
Net result for the year
+€716,027
Depreciation
+€126,847
Stocks and contracts
-€42,656
Receivables within one year
-€123,077
Deferred charges and accrued income
+€12,828
Trade debts
-€184,139
Tax, wage and social debts
+€78,095
Other debts
-€65,000
Accrued charges and deferred income
+€141,893
Investment (derived)
-€24,638
Investment in fixed assets (net)
-€24,638
Financing
-€710,000
Contributions, distributions and other
-€710,000
Cash 2025
€1.4m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,177,899 | €3,154,775 | -€23,124 | -0.7% |
| Fixed assets | 21/28 | €381,158 | €278,949 | -€102,209 | -26.8% |
| Intangible fixed assets | 21 | €207,132 | €134,918 | -€72,214 | -34.9% |
| Tangible fixed assets | 22/27 | €170,891 | €144,031 | -€26,860 | -15.7% |
| Plant, machinery and equipment | 23 | €40,635 | €42,464 | +€1,829 | +4.5% |
| Furniture and vehicles | 24 | €25,552 | €15,530 | -€10,022 | -39.2% |
| Other tangible fixed assets | 26 | €104,704 | €86,037 | -€18,667 | -17.8% |
| Financial fixed assets | 28 | €3,135 | - | -€3,135 | |
| Other financial fixed assets | 284/8 | €3,135 | - | -€3,135 | |
| Amounts receivable and cash guarantees | 285/8 | €3,135 | - | -€3,135 | |
| Current assets | 29/58 | €2,796,741 | €2,875,826 | +€79,085 | +2.8% |
| Stocks and contracts in progress | 3 | €35,657 | €78,313 | +€42,656 | +119.6% |
| Stocks | 30/36 | €35,657 | €78,313 | +€42,656 | +119.6% |
| Goods purchased for resale | 34 | €35,657 | €78,313 | +€42,656 | +119.6% |
| Amounts receivable within one year | 40/41 | €245,256 | €368,333 | +€123,077 | +50.2% |
| Trade receivables | 40 | €204,382 | €171,760 | -€32,622 | -16.0% |
| Other amounts receivable | 41 | €40,874 | €196,573 | +€155,699 | +380.9% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other investments | 51/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,463,579 | €1,389,759 | -€73,820 | -5.0% |
| Deferred charges and accrued income | 490/1 | €52,249 | €39,421 | -€12,828 | -24.6% |
| Total equity and liabilities | 10/49 | €3,177,899 | €3,154,775 | -€23,124 | -0.7% |
| Equity | 10/15 | €500,851 | €506,878 | +€6,027 | +1.2% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €18,600 | €18,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296,251 | €302,278 | +€6,027 | +2.0% |
| Amounts payable | 17/49 | €2,677,048 | €2,647,897 | -€29,151 | -1.1% |
| Amounts payable within one year | 42/48 | €1,514,259 | €1,343,215 | -€171,044 | -11.3% |
| Trade debts | 44 | €643,893 | €459,754 | -€184,139 | -28.6% |
| Suppliers | 440/4 | €643,893 | €459,754 | -€184,139 | -28.6% |
| Taxes, remuneration and social security | 45 | €95,366 | €173,461 | +€78,095 | +81.9% |
| Taxes | 450/3 | €21,488 | €42,122 | +€20,634 | +96.0% |
| Remuneration and social security | 454/9 | €73,878 | €131,339 | +€57,461 | +77.8% |
| Other amounts payable | 47/48 | €775,000 | €710,000 | -€65,000 | -8.4% |
| Accrued charges and deferred income | 492/3 | €1,162,789 | €1,304,682 | +€141,893 | +12.2% |
| Operating income | 70/76A | €3,719,947 | €3,701,795 | -€18,152 | -0.5% |
| Turnover | 70 | €3,710,703 | €3,691,455 | -€19,248 | -0.5% |
| Other operating income | 74 | €9,244 | €10,340 | +€1,096 | +11.9% |
| Operating charges | 60/66A | €2,963,058 | €3,007,509 | +€44,451 | +1.5% |
| Goods for resale, raw materials and consumables | 60 | €62,964 | €56,023 | -€6,941 | -11.0% |
| Purchases | 600/8 | €67,730 | €98,680 | +€30,950 | +45.7% |
| Change in stocks: decrease (increase) | 609 | -€4,766 | -€42,657 | -€37,891 | -795.0% |
| Services and other goods | 61 | €1,931,712 | €1,754,328 | -€177,384 | -9.2% |
| Remuneration, social security and pensions | 62 | €756,848 | €946,895 | +€190,047 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,682 | €126,847 | +€1,165 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €84,767 | €120,935 | +€36,168 | +42.7% |
| Other operating charges | 640/8 | €1,085 | €2,481 | +€1,396 | +128.7% |
| Operating profit (loss) | 9901 | €756,889 | €694,286 | -€62,603 | -8.3% |
| Financial income | 75/76B | €37,496 | €34,734 | -€2,762 | -7.4% |
| Recurring financial income | 75 | €37,496 | €34,734 | -€2,762 | -7.4% |
| Income from current assets | 751 | €33,693 | €30,809 | -€2,884 | -8.6% |
| Other financial income | 752/9 | €3,803 | €3,925 | +€122 | +3.2% |
| Financial charges | 65/66B | €923 | €1,132 | +€209 | +22.6% |
| Recurring financial charges | 65 | €923 | €1,132 | +€209 | +22.6% |
| Other financial charges | 652/9 | €923 | €1,132 | +€209 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €793,462 | €727,888 | -€65,574 | -8.3% |
| Income taxes | 67/77 | €10,870 | €11,861 | +€991 | +9.1% |
| Taxes | 670/3 | €10,870 | €11,861 | +€991 | +9.1% |
| Profit (loss) for the period | 9904 | €782,592 | €716,027 | -€66,565 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €782,592 | €716,027 | -€66,565 | -8.5% |
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 10 October 2026 via checked.be.