AlfaVision Holding: 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.
AlfaVision Holding
Largest movements
- Cash -€571,305
down €571,305 (-97.0%), from €589,156 to €17,850
mainly Contributions, distributions and other (-€611,978) and Receivables within one year (-€513,873)
- Receivables within one year +€513,873
up €513,873 (+104,335%), from €493 to €514,365
of which Trade receivables: +€510,668
- Reserves -€89,422
down €89,422 (-79.9%), from €111,978 to €22,557
- Other debts +€29,412
up €29,412 (+6.2%), from €470,588 to €500,000
- Gross operating margin +€561,157
up €561,157 (+412%), from €136,328 to €697,485
- Taxes +€138,720
up €138,720 (+404%), from €34,363 to €173,084
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.
Derived cash bridge
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 | €606,201 | €546,416 | -€59,786 | -9.9% |
| Fixed assets | 21/28 | €14,200 | €14,200 | = | 0.0% |
| Financial fixed assets | 28 | €14,200 | €14,200 | = | 0.0% |
| Current assets | 29/58 | €592,001 | €532,216 | -€59,786 | -10.1% |
| Amounts receivable within one year | 40/41 | €493 | €514,365 | +€513,873 | +104,335% |
| Trade receivables | 40 | - | €510,668 | +€510,668 | |
| Other amounts receivable | 41 | €493 | €3,698 | +€3,205 | +651% |
| Cash at bank and in hand | 54/58 | €589,156 | €17,850 | -€571,305 | -97.0% |
| Deferred charges and accrued income | 490/1 | €2,353 | - | -€2,353 | |
| Total equity and liabilities | 10/49 | €606,201 | €546,416 | -€59,786 | -9.9% |
| Equity | 10/15 | €130,578 | €41,157 | -€89,422 | -68.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,978 | €22,557 | -€89,422 | -79.9% |
| Distributable reserves | 133 | €111,978 | €22,557 | -€89,422 | -79.9% |
| Amounts payable | 17/49 | €475,623 | €505,259 | +€29,636 | +6.2% |
| Amounts payable after more than one year | 17 | €50 | €122 | +€72 | +144% |
| Other amounts payable | 178/9 | €50 | €122 | +€72 | +144% |
| Amounts payable within one year | 42/48 | €475,573 | €505,137 | +€29,564 | +6.2% |
| Trade debts | 44 | €47 | €73 | +€26 | +53.8% |
| Suppliers | 440/4 | €47 | €73 | +€26 | +53.8% |
| Taxes, remuneration and social security | 45 | €4,937 | €5,064 | +€127 | +2.6% |
| Taxes | 450/3 | €4,937 | €5,064 | +€127 | +2.6% |
| Other amounts payable | 47/48 | €470,588 | €500,000 | +€29,412 | +6.2% |
| Other operating charges | 640/8 | €115 | €1,228 | +€1,113 | +968% |
| Gross operating margin | 9900 | €136,328 | €697,485 | +€561,157 | +412% |
| Operating profit (loss) | 9901 | €136,213 | €696,257 | +€560,044 | +411% |
| Financial income | 75/76B | €2,353 | - | -€2,353 | |
| Recurring financial income | 75 | €2,353 | - | -€2,353 | |
| Financial charges | 65/66B | €536 | €617 | +€80 | +15.0% |
| Recurring financial charges | 65 | €536 | €617 | +€80 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €138,030 | €695,640 | +€557,611 | +404% |
| Income taxes | 67/77 | €34,363 | €173,084 | +€138,720 | +404% |
| Profit (loss) for the period | 9904 | €103,667 | €522,557 | +€418,890 | +404% |
| Transfer from tax-exempt reserves | 789 | €477,040 | - | -€477,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €580,707 | €522,557 | -€58,150 | -10.0% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.