ALFIPLANT: 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.
What changed
ALFIPLANT
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€87,728
2024 · €93,601-€5,873
Equity
€6.4m
2024 · €6.3m+€87,728
Cash
€451,140
2024 · €408,581+€42,559
Balance sheet total
€6.7m
2024 · €6.7m+€24,478
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€87,728
up €87,728 (+5.6%), from €1.6m to €1.7m
of which Distributable reserves: +€87,728
Income statement
- Depreciation +€15,702
up €15,702 (+13.3%), from €117,663 to €133,365
- Gross operating margin +€8,726
up €8,726 (+2.8%), from €307,686 to €316,412
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.
Result 2024
€93,601
Gross operating margin
+€8,726
Depreciation
-€15,702
Other operating charges
-€857
Financial income
-€3,137
Financial charges
+€2,357
Taxes
+€2,741
Result 2025
€87,728
raises the resultlowers the result
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.
From operations
+€198,798
Investment
-€115,703
Financing
-€40,537
Cash 2024
€408,581
From operations (derived)
+€198,798
Net result for the year
+€87,728
Depreciation
+€133,365
Receivables within one year
-€6,084
Deferred charges and accrued income
+€6,503
Trade debts
-€10,249
Tax, wage and social debts
-€4,408
Other debts
+€87
Accrued charges and deferred income
-€8,143
Investment (derived)
-€115,703
Investment in fixed assets (net)
-€115,703
Financing
-€40,537
Debts after one year
-€40,883
Current portion of long-term debt
+€347
Cash 2025
€451,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,685,858 | €6,710,336 | +€24,478 | +0.4% |
| Fixed assets | 21/28 | €6,233,902 | €6,216,240 | -€17,662 | -0.3% |
| Tangible fixed assets | 22/27 | €6,233,902 | €6,216,240 | -€17,662 | -0.3% |
| Land and buildings | 22 | €6,233,902 | €6,216,240 | -€17,662 | -0.3% |
| Current assets | 29/58 | €451,955 | €494,095 | +€42,140 | +9.3% |
| Amounts receivable within one year | 40/41 | €36,807 | €42,891 | +€6,084 | +16.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €36,807 | €42,891 | +€6,084 | +16.5% |
| Cash at bank and in hand | 54/58 | €408,581 | €451,140 | +€42,559 | +10.4% |
| Deferred charges and accrued income | 490/1 | €6,567 | €64 | -€6,503 | -99.0% |
| Total equity and liabilities | 10/49 | €6,685,858 | €6,710,336 | +€24,478 | +0.4% |
| Equity | 10/15 | €6,262,832 | €6,350,560 | +€87,728 | +1.4% |
| Contributions | 10/11 | €3,516,670 | €3,516,670 | = | 0.0% |
| Reserves | 13 | €1,572,123 | €1,659,851 | +€87,728 | +5.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,693 | €4,693 | = | 0.0% |
| Distributable reserves | 133 | €1,567,431 | €1,655,159 | +€87,728 | +5.6% |
| Profit (loss) carried forward | 14 | €1,174,038 | €1,174,038 | = | 0.0% |
| Provisions and deferred taxes | 16 | €3,005 | €3,005 | = | 0.0% |
| Deferred taxes | 168 | €3,005 | €3,005 | = | 0.0% |
| Amounts payable | 17/49 | €420,021 | €356,771 | -€63,250 | -15.1% |
| Amounts payable after more than one year | 17 | €127,183 | €86,300 | -€40,883 | -32.1% |
| Financial debts | 170/4 | €127,183 | €86,300 | -€40,883 | -32.1% |
| Amounts payable within one year | 42/48 | €273,444 | €259,221 | -€14,223 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €40,537 | €40,883 | +€347 | +0.9% |
| Trade debts | 44 | €10,996 | €747 | -€10,249 | -93.2% |
| Suppliers | 440/4 | €10,996 | €747 | -€10,249 | -93.2% |
| Taxes, remuneration and social security | 45 | €26,472 | €22,063 | -€4,408 | -16.7% |
| Taxes | 450/3 | €26,472 | €22,063 | -€4,408 | -16.7% |
| Other amounts payable | 47/48 | €195,439 | €195,527 | +€87 | 0.0% |
| Accrued charges and deferred income | 492/3 | €19,394 | €11,250 | -€8,143 | -42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,663 | €133,365 | +€15,702 | +13.3% |
| Other operating charges | 640/8 | €38,948 | €39,805 | +€857 | +2.2% |
| Gross operating margin | 9900 | €307,686 | €316,412 | +€8,726 | +2.8% |
| Operating profit (loss) | 9901 | €151,076 | €143,242 | -€7,834 | -5.2% |
| Financial income | 75/76B | €4,289 | €1,152 | -€3,137 | -73.1% |
| Recurring financial income | 75 | €4,289 | €1,152 | -€3,137 | -73.1% |
| Financial charges | 65/66B | €17,211 | €14,854 | -€2,357 | -13.7% |
| Recurring financial charges | 65 | €17,211 | €14,854 | -€2,357 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €138,154 | €129,540 | -€8,614 | -6.2% |
| Income taxes | 67/77 | €44,553 | €41,813 | -€2,741 | -6.2% |
| Profit (loss) for the period | 9904 | €93,601 | €87,728 | -€5,873 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,601 | €87,728 | -€5,873 | -6.3% |
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 27 October 2026 via checked.be.