Alfatrans: what changed
Alfatrans
Largest movements
- Cash +€72,276
up €72,276 (+736%), from €9,820 to €82,096
mainly Other debts (+€96,717) and Receivables within one year (+€28,296)
- Stocks and contracts +€70,618
up €70,618 (+17.6%), from €401,083 to €471,702
- Receivables within one year -€28,296
down €28,296 (-84.8%), from €33,372 to €5,077
of which Trade receivables: -€16,900
- Other debts +€96,717
up €96,717 (+24.2%), from €399,600 to €496,316
- Profit (loss) carried forward +€8,113
up €8,113 (+43.5%), from -€18,661 to -€10,549
- Tax, wage and social debts +€7,406
up €7,406 (+205%), from €3,604 to €11,010
of which Taxes: +€5,936
- Staff costs -€24,464
down €24,464 (-54.5%), from €44,916 to €20,453
- Write-downs +€18,630
new in 2025: €18,630
- Gross operating margin +€9,727
up €9,727 (+23.5%), from €41,425 to €51,152
- Other operating charges -€7,859
down €7,859 (-76.4%), from €10,294 to €2,434
- Taxes +€1,394
up €1,394 (+999%), from €140 to €1,533
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,676 | €580,275 | +€114,599 | +24.6% |
| Fixed assets | 21/28 | €21,400 | €21,400 | = | 0.0% |
| Financial fixed assets | 28 | €21,400 | €21,400 | = | 0.0% |
| Current assets | 29/58 | €444,276 | €558,875 | +€114,599 | +25.8% |
| Stocks and contracts in progress | 3 | €401,083 | €471,702 | +€70,618 | +17.6% |
| Stocks | 30/36 | €401,083 | €471,702 | +€70,618 | +17.6% |
| Amounts receivable within one year | 40/41 | €33,372 | €5,077 | -€28,296 | -84.8% |
| Trade receivables | 40 | €19,900 | €3,000 | -€16,900 | -84.9% |
| Other amounts receivable | 41 | €13,472 | €2,077 | -€11,396 | -84.6% |
| Cash at bank and in hand | 54/58 | €9,820 | €82,096 | +€72,276 | +736% |
| Total equity and liabilities | 10/49 | €465,676 | €580,275 | +€114,599 | +24.6% |
| Equity | 10/15 | €1,421 | €9,534 | +€8,113 | +571% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,482 | €1,482 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,482 | €1,482 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,482 | €1,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,661 | -€10,549 | +€8,113 | +43.5% |
| Amounts payable | 17/49 | €464,255 | €570,741 | +€106,486 | +22.9% |
| Amounts payable within one year | 42/48 | €464,255 | €565,341 | +€101,086 | +21.8% |
| Trade debts | 44 | €61,051 | €58,015 | -€3,036 | -5.0% |
| Suppliers | 440/4 | €61,051 | €58,015 | -€3,036 | -5.0% |
| Taxes, remuneration and social security | 45 | €3,604 | €11,010 | +€7,406 | +205% |
| Taxes | 450/3 | €140 | €6,075 | +€5,936 | +4,254% |
| Remuneration and social security | 454/9 | €3,465 | €4,935 | +€1,470 | +42.4% |
| Other amounts payable | 47/48 | €399,600 | €496,316 | +€96,717 | +24.2% |
| Accrued charges and deferred income | 492/3 | - | €5,400 | +€5,400 | |
| Remuneration, social security and pensions | 62 | €44,916 | €20,453 | -€24,464 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,630 | +€18,630 | |
| Other operating charges | 640/8 | €10,294 | €2,434 | -€7,859 | -76.4% |
| Gross operating margin | 9900 | €41,425 | €51,152 | +€9,727 | +23.5% |
| Operating profit (loss) | 9901 | -€13,785 | €9,635 | +€23,420 | |
| Financial income | 75/76B | €7 | €29 | +€22 | +334% |
| Recurring financial income | 75 | €7 | €29 | +€22 | +334% |
| Financial charges | 65/66B | - | €18 | +€18 | |
| Recurring financial charges | 65 | - | €18 | +€18 | |
| Profit (loss) for the period before taxes | 9903 | -€13,779 | €9,646 | +€23,425 | |
| Income taxes | 67/77 | €140 | €1,533 | +€1,394 | +999% |
| Profit (loss) for the period | 9904 | -€13,918 | €8,113 | +€22,031 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,918 | €8,113 | +€22,031 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.