ALFE CONSULTING: 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.
ALFE CONSULTING
Largest movements
- Receivables within one year -€26,711
down €26,711 (-47.7%), from €55,985 to €29,274
of which Other amounts receivable: -€20,639
- Receivables after one year -€1,803
down €1,803 (-4.9%), from €36,803 to €35,000
- Tangible fixed assets +€1,458
up €1,458 (+21.4%), from €6,823 to €8,281
of which Plant, machinery and equipment: +€2,829
- Reserves -€78,828
down €78,828 (-82.1%), from €96,030 to €17,202
- Other debts +€60,540
new in 2025: €60,540
- Tax, wage and social debts -€15,225
down €15,225 (-44.2%), from €34,428 to €19,203
- Accrued charges and deferred income +€3,150
up €3,150 (+30,086%), from €10 to €3,160
- Current portion of long-term debt +€1,851
new in 2025: €1,851
- Gross operating margin +€22,673
up €22,673 (+48.7%), from €46,600 to €69,272
- Taxes +€3,619
up €3,619 (+32.5%), from €11,151 to €14,769
- Depreciation +€927
up €927 (+57.8%), from €1,603 to €2,531
- Financial income +€873
up €873 (+42.5%), from €2,055 to €2,928
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 | €138,388 | €111,048 | -€27,339 | -19.8% |
| Fixed assets | 21/28 | €6,823 | €8,281 | +€1,458 | +21.4% |
| Tangible fixed assets | 22/27 | €6,823 | €8,281 | +€1,458 | +21.4% |
| Plant, machinery and equipment | 23 | €3,325 | €6,153 | +€2,829 | +85.1% |
| Furniture and vehicles | 24 | €3,499 | €2,128 | -€1,371 | -39.2% |
| Current assets | 29/58 | €131,564 | €102,767 | -€28,798 | -21.9% |
| Amounts receivable after more than one year | 29 | €36,803 | €35,000 | -€1,803 | -4.9% |
| Other amounts receivable | 291 | €36,803 | €35,000 | -€1,803 | -4.9% |
| Amounts receivable within one year | 40/41 | €55,985 | €29,274 | -€26,711 | -47.7% |
| Trade receivables | 40 | €35,250 | €29,178 | -€6,072 | -17.2% |
| Other amounts receivable | 41 | €20,735 | €96 | -€20,639 | -99.5% |
| Cash at bank and in hand | 54/58 | €37,668 | €38,364 | +€695 | +1.8% |
| Deferred charges and accrued income | 490/1 | €1,108 | €129 | -€979 | -88.3% |
| Total equity and liabilities | 10/49 | €138,388 | €111,048 | -€27,339 | -19.8% |
| Equity | 10/15 | €100,030 | €21,202 | -€78,828 | -78.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €96,030 | €17,202 | -€78,828 | -82.1% |
| Distributable reserves | 133 | €96,030 | €17,202 | -€78,828 | -82.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €38,358 | €89,846 | +€51,488 | +134% |
| Amounts payable after more than one year | 17 | - | €1,597 | +€1,597 | |
| Financial debts | 170/4 | - | €1,597 | +€1,597 | |
| Amounts payable within one year | 42/48 | €38,348 | €85,089 | +€46,741 | +122% |
| Current portion of amounts payable after more than one year | 42 | - | €1,851 | +€1,851 | |
| Financial debts | 43 | €682 | €91 | -€590 | -86.6% |
| Credit institutions | 430/8 | €682 | €91 | -€590 | -86.6% |
| Trade debts | 44 | €3,238 | €3,402 | +€165 | +5.1% |
| Suppliers | 440/4 | €3,238 | €3,402 | +€165 | +5.1% |
| Taxes, remuneration and social security | 45 | €34,428 | €19,203 | -€15,225 | -44.2% |
| Taxes | 450/3 | €34,428 | €19,203 | -€15,225 | -44.2% |
| Other amounts payable | 47/48 | - | €60,540 | +€60,540 | |
| Accrued charges and deferred income | 492/3 | €10 | €3,160 | +€3,150 | +30,086% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €2,531 | +€927 | +57.8% |
| Other operating charges | 640/8 | €1,174 | €714 | -€460 | -39.2% |
| Gross operating margin | 9900 | €46,600 | €69,272 | +€22,673 | +48.7% |
| Operating profit (loss) | 9901 | €43,822 | €66,028 | +€22,205 | +50.7% |
| Financial income | 75/76B | €2,055 | €2,928 | +€873 | +42.5% |
| Recurring financial income | 75 | €2,055 | €2,928 | +€873 | +42.5% |
| Financial charges | 65/66B | €2,839 | €3,014 | +€175 | +6.2% |
| Recurring financial charges | 65 | €2,839 | €3,014 | +€175 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €43,039 | €65,942 | +€22,903 | +53.2% |
| Income taxes | 67/77 | €11,151 | €14,769 | +€3,619 | +32.5% |
| Profit (loss) for the period | 9904 | €31,888 | €51,172 | +€19,284 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,888 | €51,172 | +€19,284 | +60.5% |
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 16 October 2026 via checked.be.