ALFOMAT: 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.
ALFOMAT
Largest movements
- Cash +€7,844
up €7,844 (+786%), from €998 to €8,842
mainly Other debts (+€4,760) and Depreciation (+€3,622)
- Other debts +€4,760
up €4,760 (+22.3%), from €21,317 to €26,078
- Reserves +€3,055
up €3,055 (+23.0%), from €13,271 to €16,326
- Trade debts -€980
no longer reported in 2025 (was €980)
- Tax, wage and social debts +€808
up €808 (+76.4%), from €1,057 to €1,866
- Gross operating margin +€3,528
up €3,528 (+62.6%), from €5,640 to €9,167
- Taxes +€766
up €766 (+176%), from €434 to €1,200
- Depreciation +€641
up €641 (+21.5%), from €2,981 to €3,622
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 | €42,826 | €50,469 | +€7,643 | +17.8% |
| Fixed assets | 21/28 | €41,488 | €41,272 | -€217 | -0.5% |
| Tangible fixed assets | 22/27 | €41,488 | €41,272 | -€217 | -0.5% |
| Land and buildings | 22 | €41,488 | €41,272 | -€217 | -0.5% |
| Current assets | 29/58 | €1,338 | €9,198 | +€7,860 | +587% |
| Cash at bank and in hand | 54/58 | €998 | €8,842 | +€7,844 | +786% |
| Deferred charges and accrued income | 490/1 | €340 | €355 | +€15 | +4.5% |
| Total equity and liabilities | 10/49 | €42,826 | €50,469 | +€7,643 | +17.8% |
| Equity | 10/15 | €19,471 | €22,526 | +€3,055 | +15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,271 | €16,326 | +€3,055 | +23.0% |
| Distributable reserves | 133 | €13,271 | €16,326 | +€3,055 | +23.0% |
| Amounts payable | 17/49 | €23,355 | €27,943 | +€4,588 | +19.6% |
| Amounts payable within one year | 42/48 | €23,355 | €27,943 | +€4,588 | +19.6% |
| Trade debts | 44 | €980 | - | -€980 | |
| Suppliers | 440/4 | €980 | - | -€980 | |
| Taxes, remuneration and social security | 45 | €1,057 | €1,866 | +€808 | +76.4% |
| Taxes | 450/3 | €1,057 | €1,866 | +€808 | +76.4% |
| Other amounts payable | 47/48 | €21,317 | €26,078 | +€4,760 | +22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,981 | €3,622 | +€641 | +21.5% |
| Other operating charges | 640/8 | €1,229 | €1,213 | -€16 | -1.3% |
| Gross operating margin | 9900 | €5,640 | €9,167 | +€3,528 | +62.6% |
| Operating profit (loss) | 9901 | €1,430 | €4,333 | +€2,903 | +203% |
| Financial charges | 65/66B | €78 | €78 | = | 0.0% |
| Recurring financial charges | 65 | €78 | €78 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €1,352 | €4,255 | +€2,903 | +215% |
| Income taxes | 67/77 | €434 | €1,200 | +€766 | +176% |
| Profit (loss) for the period | 9904 | €918 | €3,055 | +€2,137 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €918 | €3,055 | +€2,137 | +233% |
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 17 October 2026 via checked.be.