ALFIL CONSTRUCT: 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.
ALFIL CONSTRUCT
Largest movements
- Tangible fixed assets +€68,712
up €68,712 (+701%), from €9,809 to €78,521
of which Leasing and similar rights: +€52,231
- Cash +€4,489
up €4,489 (+13.4%), from €33,530 to €38,019
mainly Debts after one year (+€46,795) and Net result for the year (+€17,238)
- Receivables within one year +€1,728
up €1,728 (+5.3%), from €32,387 to €34,115
of which Trade receivables: +€1,528
- Debts after one year +€46,795
up €46,795 (+901%), from €5,195 to €51,990
- Reserves +€17,200
up €17,200 (+925%), from €1,860 to €19,060
- Current portion of long-term debt +€10,373
up €10,373 (+359%), from €2,888 to €13,260
- Tax, wage and social debts +€8,097
up €8,097 (+347%), from €2,333 to €10,430
of which Taxes: +€6,212
- Trade debts -€7,762
no longer reported in 2025 (was €7,762)
- Gross operating margin +€31,258
up €31,258 (+567%), from €5,512 to €36,770
- Depreciation +€7,968
up €7,968 (+249%), from €3,196 to €11,165
- Taxes +€6,518
up €6,518 (+1,930%), from €338 to €6,855
- Financial charges +€1,119
up €1,119 (+149%), from €750 to €1,868
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 | €76,417 | €151,158 | +€74,742 | +97.8% |
| Fixed assets | 21/28 | €10,109 | €78,821 | +€68,712 | +680% |
| Tangible fixed assets | 22/27 | €9,809 | €78,521 | +€68,712 | +701% |
| Plant, machinery and equipment | 23 | - | €320 | +€320 | |
| Furniture and vehicles | 24 | - | €16,160 | +€16,160 | |
| Leasing and similar rights | 25 | €9,809 | €62,040 | +€52,231 | +532% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €66,308 | €72,338 | +€6,030 | +9.1% |
| Amounts receivable within one year | 40/41 | €32,387 | €34,115 | +€1,728 | +5.3% |
| Trade receivables | 40 | €16,628 | €18,156 | +€1,528 | +9.2% |
| Other amounts receivable | 41 | €15,760 | €15,959 | +€200 | +1.3% |
| Cash at bank and in hand | 54/58 | €33,530 | €38,019 | +€4,489 | +13.4% |
| Deferred charges and accrued income | 490/1 | €391 | €203 | -€187 | -47.9% |
| Total equity and liabilities | 10/49 | €76,417 | €151,158 | +€74,742 | +97.8% |
| Equity | 10/15 | €58,239 | €75,478 | +€17,238 | +29.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €19,060 | +€17,200 | +925% |
| Distributable reserves | 133 | €1,860 | €19,060 | +€17,200 | +925% |
| Profit (loss) carried forward | 14 | €50,179 | €50,218 | +€38 | +0.1% |
| Amounts payable | 17/49 | €18,177 | €75,681 | +€57,503 | +316% |
| Amounts payable after more than one year | 17 | €5,195 | €51,990 | +€46,795 | +901% |
| Financial debts | 170/4 | €5,195 | €51,990 | +€46,795 | +901% |
| Amounts payable within one year | 42/48 | €12,982 | €23,691 | +€10,708 | +82.5% |
| Current portion of amounts payable after more than one year | 42 | €2,888 | €13,260 | +€10,373 | +359% |
| Trade debts | 44 | €7,762 | - | -€7,762 | |
| Suppliers | 440/4 | €7,762 | - | -€7,762 | |
| Taxes, remuneration and social security | 45 | €2,333 | €10,430 | +€8,097 | +347% |
| Taxes | 450/3 | €733 | €6,945 | +€6,212 | +848% |
| Remuneration and social security | 454/9 | €1,600 | €3,485 | +€1,885 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,196 | €11,165 | +€7,968 | +249% |
| Other operating charges | 640/8 | €711 | €422 | -€289 | -40.6% |
| Gross operating margin | 9900 | €5,512 | €36,770 | +€31,258 | +567% |
| Operating profit (loss) | 9901 | €1,605 | €25,183 | +€23,578 | +1,469% |
| Financial income | 75/76B | €804 | €779 | -€25 | -3.1% |
| Recurring financial income | 75 | €804 | €779 | -€25 | -3.1% |
| Financial charges | 65/66B | €750 | €1,868 | +€1,119 | +149% |
| Recurring financial charges | 65 | €750 | €1,868 | +€1,119 | +149% |
| Profit (loss) for the period before taxes | 9903 | €1,659 | €24,094 | +€22,435 | +1,352% |
| Income taxes | 67/77 | €338 | €6,855 | +€6,518 | +1,930% |
| Profit (loss) for the period | 9904 | €1,321 | €17,238 | +€15,917 | +1,205% |
| Profit (loss) for the period to be appropriated | 9905 | €1,321 | €17,238 | +€15,917 | +1,205% |
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.