AlfaSource: 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.
AlfaSource
Largest movements
- Cash -€12,668
down €12,668 (-56.0%), from €22,628 to €9,960
mainly Net result for the year (-€11,046) and Other debts (-€2,450)
- Tangible fixed assets +€613
up €613 (+21.7%), from €2,827 to €3,440
of which Furniture and vehicles: +€880
- Receivables within one year -€583
down €583 (-2.2%), from €26,546 to €25,962
of which Other amounts receivable: -€1,188
- Profit (loss) carried forward -€11,046
down €11,046 (-67.5%), from €16,355 to €5,309
- Other debts -€2,450
no longer reported in 2025 (was €2,450)
- Trade debts +€1,829
new in 2025: €1,829
- Tax, wage and social debts -€1,127
down €1,127 (-8.1%), from €13,836 to €12,709
of which Taxes: -€3,727
- Gross operating margin -€29,737
down €29,737, from €22,243 to -€7,494
- Taxes -€5,080
down €5,080 (-97.9%), from €5,189 to €109
- Depreciation +€508
up €508 (+102.3%), from €497 to €1,005
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,102 | €40,307 | -€12,795 | -24.1% |
| Fixed assets | 21/28 | €2,827 | €3,440 | +€613 | +21.7% |
| Tangible fixed assets | 22/27 | €2,827 | €3,440 | +€613 | +21.7% |
| Land and buildings | 22 | €2,139 | €1,872 | -€268 | -12.5% |
| Furniture and vehicles | 24 | €688 | €1,568 | +€880 | +128.0% |
| Current assets | 29/58 | €50,274 | €36,867 | -€13,408 | -26.7% |
| Amounts receivable within one year | 40/41 | €26,546 | €25,962 | -€583 | -2.2% |
| Trade receivables | 40 | €6,676 | €7,281 | +€605 | +9.1% |
| Other amounts receivable | 41 | €19,869 | €18,681 | -€1,188 | -6.0% |
| Cash at bank and in hand | 54/58 | €22,628 | €9,960 | -€12,668 | -56.0% |
| Deferred charges and accrued income | 490/1 | €1,101 | €944 | -€157 | -14.2% |
| Total equity and liabilities | 10/49 | €53,102 | €40,307 | -€12,795 | -24.1% |
| Equity | 10/15 | €36,815 | €25,769 | -€11,046 | -30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,355 | €5,309 | -€11,046 | -67.5% |
| Amounts payable | 17/49 | €16,286 | €14,537 | -€1,749 | -10.7% |
| Amounts payable within one year | 42/48 | €16,286 | €14,537 | -€1,749 | -10.7% |
| Trade debts | 44 | - | €1,829 | +€1,829 | |
| Suppliers | 440/4 | - | €1,829 | +€1,829 | |
| Taxes, remuneration and social security | 45 | €13,836 | €12,709 | -€1,127 | -8.1% |
| Taxes | 450/3 | €13,836 | €10,109 | -€3,727 | -26.9% |
| Remuneration and social security | 454/9 | €0 | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €2,450 | - | -€2,450 | |
| Remuneration, social security and pensions | 62 | €440 | €652 | +€212 | +48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €497 | €1,005 | +€508 | +102.3% |
| Other operating charges | 640/8 | €189 | €176 | -€13 | -7.1% |
| Non-recurring operating charges | 66A | - | €1,382 | +€1,382 | |
| Gross operating margin | 9900 | €22,243 | -€7,494 | -€29,737 | |
| Operating profit (loss) | 9901 | €21,117 | -€10,708 | -€31,826 | |
| Financial charges | 65/66B | €132 | €229 | +€97 | +73.9% |
| Recurring financial charges | 65 | €132 | €229 | +€97 | +73.9% |
| Profit (loss) for the period before taxes | 9903 | €20,986 | -€10,937 | -€31,923 | |
| Income taxes | 67/77 | €5,189 | €109 | -€5,080 | -97.9% |
| Profit (loss) for the period | 9904 | €15,797 | -€11,046 | -€26,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,797 | -€11,046 | -€26,843 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.