Alfedent: 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.
Alfedent
Largest movements
- Cash +€45,198
up €45,198 (+63.4%), from €71,276 to €116,473
mainly Net result for the year (+€59,915) and Depreciation (+€8,001)
- Receivables within one year +€7,347
up €7,347 (+25.5%), from €28,857 to €36,204
of which Trade receivables: +€5,910
- Current investments +€6,389
up €6,389 (+13.4%), from €47,509 to €53,897
- Tangible fixed assets -€2,563
down €2,563 (-9.4%), from €27,169 to €24,606
of which Furniture and vehicles: -€6,250
- Profit (loss) carried forward +€59,915
up €59,915 (+37.7%), from €159,028 to €218,943
- Tax, wage and social debts -€2,519
no longer reported in 2025 (was €2,519)
- Gross operating margin +€4,901
up €4,901 (+6.1%), from €79,892 to €84,793
- Taxes +€2,226
up €2,226 (+15.4%), from €14,504 to €16,730
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 | €175,240 | €231,633 | +€56,393 | +32.2% |
| Fixed assets | 21/28 | €27,169 | €24,606 | -€2,563 | -9.4% |
| Tangible fixed assets | 22/27 | €27,169 | €24,606 | -€2,563 | -9.4% |
| Plant, machinery and equipment | 23 | €4,219 | €7,907 | +€3,687 | +87.4% |
| Furniture and vehicles | 24 | €22,950 | €16,699 | -€6,250 | -27.2% |
| Current assets | 29/58 | €148,071 | €207,027 | +€58,956 | +39.8% |
| Amounts receivable within one year | 40/41 | €28,857 | €36,204 | +€7,347 | +25.5% |
| Trade receivables | 40 | €28,361 | €34,271 | +€5,910 | +20.8% |
| Other amounts receivable | 41 | €496 | €1,932 | +€1,436 | +290% |
| Current investments | 50/53 | €47,509 | €53,897 | +€6,389 | +13.4% |
| Cash at bank and in hand | 54/58 | €71,276 | €116,473 | +€45,198 | +63.4% |
| Deferred charges and accrued income | 490/1 | €430 | €452 | +€23 | +5.3% |
| Total equity and liabilities | 10/49 | €175,240 | €231,633 | +€56,393 | +32.2% |
| Equity | 10/15 | €169,028 | €228,943 | +€59,915 | +35.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,028 | €218,943 | +€59,915 | +37.7% |
| Amounts payable | 17/49 | €6,213 | €2,690 | -€3,522 | -56.7% |
| Amounts payable within one year | 42/48 | €6,213 | €2,690 | -€3,522 | -56.7% |
| Trade debts | 44 | €3,693 | €2,690 | -€1,003 | -27.2% |
| Suppliers | 440/4 | €3,693 | €2,690 | -€1,003 | -27.2% |
| Taxes, remuneration and social security | 45 | €2,519 | - | -€2,519 | |
| Taxes | 450/3 | €2,519 | - | -€2,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,163 | €8,001 | +€837 | +11.7% |
| Other operating charges | 640/8 | €790 | €649 | -€141 | -17.8% |
| Gross operating margin | 9900 | €79,892 | €84,793 | +€4,901 | +6.1% |
| Operating profit (loss) | 9901 | €71,939 | €76,143 | +€4,204 | +5.8% |
| Financial income | 75/76B | €9 | €622 | +€613 | +6,818% |
| Recurring financial income | 75 | €9 | €622 | +€613 | +6,818% |
| Financial charges | 65/66B | €45 | €120 | +€75 | +166% |
| Recurring financial charges | 65 | €45 | €120 | +€75 | +166% |
| Profit (loss) for the period before taxes | 9903 | €71,903 | €76,645 | +€4,742 | +6.6% |
| Income taxes | 67/77 | €14,504 | €16,730 | +€2,226 | +15.4% |
| Profit (loss) for the period | 9904 | €57,399 | €59,915 | +€2,516 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,399 | €59,915 | +€2,516 | +4.4% |
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 14 October 2026 via checked.be.