ALFIN Consult: 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.
ALFIN Consult
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€60,478
up €60,478 (+601%), from €10,063 to €70,540
mainly Current investments (+€75,000) and Depreciation (+€3,762)
- Tangible fixed assets -€3,762
down €3,762 (-30.2%), from €12,473 to €8,711
- Receivables within one year -€2,417
down €2,417 (-66.3%), from €3,643 to €1,227
of which Other amounts receivable: -€1,238
- Profit (loss) carried forward -€20,897
down €20,897 (-186%), from -€11,238 to -€32,136
- Other debts +€2,151
up €2,151 (+2.7%), from €79,711 to €81,862
- Tax, wage and social debts -€1,602
down €1,602 (-90.1%), from €1,778 to €176
of which Remuneration and social security: -€1,000
- Gross operating margin -€8,775
down €8,775 (-103%), from -€8,536 to -€17,311
- Financial income -€1,183
down €1,183 (-71.0%), from €1,665 to €483
- Financial charges -€513
down €513 (-79.7%), from €644 to €131
- Depreciation +€461
up €461 (+14.0%), from €3,301 to €3,762
- Other operating charges -€260
no longer reported in 2025 (was €260)
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 | €101,314 | €80,690 | -€20,624 | -20.4% |
| Fixed assets | 21/28 | €12,473 | €8,711 | -€3,762 | -30.2% |
| Tangible fixed assets | 22/27 | €12,473 | €8,711 | -€3,762 | -30.2% |
| Furniture and vehicles | 24 | €12,473 | €8,711 | -€3,762 | -30.2% |
| Current assets | 29/58 | €88,841 | €71,979 | -€16,863 | -19.0% |
| Amounts receivable within one year | 40/41 | €3,643 | €1,227 | -€2,417 | -66.3% |
| Trade receivables | 40 | €1,434 | €255 | -€1,179 | -82.2% |
| Other amounts receivable | 41 | €2,209 | €972 | -€1,238 | -56.0% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €10,063 | €70,540 | +€60,478 | +601% |
| Deferred charges and accrued income | 490/1 | €135 | €212 | +€76 | +56.5% |
| Total equity and liabilities | 10/49 | €101,314 | €80,690 | -€20,624 | -20.4% |
| Equity | 10/15 | €19,262 | -€1,636 | -€20,897 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,238 | -€32,136 | -€20,897 | -186% |
| Amounts payable | 17/49 | €82,053 | €82,326 | +€273 | +0.3% |
| Amounts payable within one year | 42/48 | €82,053 | €82,326 | +€273 | +0.3% |
| Trade debts | 44 | €564 | €287 | -€276 | -49.0% |
| Suppliers | 440/4 | €564 | €287 | -€276 | -49.0% |
| Taxes, remuneration and social security | 45 | €1,778 | €176 | -€1,602 | -90.1% |
| Taxes | 450/3 | €778 | €176 | -€602 | -77.4% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €79,711 | €81,862 | +€2,151 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,301 | €3,762 | +€461 | +14.0% |
| Other operating charges | 640/8 | €260 | - | -€260 | |
| Gross operating margin | 9900 | -€8,536 | -€17,311 | -€8,775 | -103% |
| Operating profit (loss) | 9901 | -€12,097 | -€21,073 | -€8,976 | -74.2% |
| Financial income | 75/76B | €1,665 | €483 | -€1,183 | -71.0% |
| Recurring financial income | 75 | €1,665 | €483 | -€1,183 | -71.0% |
| Financial charges | 65/66B | €644 | €131 | -€513 | -79.7% |
| Recurring financial charges | 65 | €644 | €131 | -€513 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,076 | -€20,721 | -€9,645 | -87.1% |
| Income taxes | 67/77 | €163 | €176 | +€13 | +8.2% |
| Profit (loss) for the period | 9904 | -€11,238 | -€20,897 | -€9,659 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,238 | -€20,897 | -€9,659 | -85.9% |
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 21 October 2026 via checked.be.