ALFONSOFT: 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.
ALFONSOFT
Largest movements
- Cash -€26,830
down €26,830 (-21.0%), from €127,873 to €101,043
mainly Contributions, distributions and other (-€128,324) and Current investments (-€21,238)
- Current investments +€21,238
new in 2026: €21,238
- Intangible fixed assets +€4,495
new in 2026: €4,495
- Other debts +€69,800
new in 2026: €69,800
- Reserves -€65,792
down €65,792 (-47.6%), from €138,211 to €72,419
- Tax, wage and social debts -€4,878
down €4,878 (-35.7%), from €13,666 to €8,788
- Gross operating margin +€11,724
up €11,724 (+16.0%), from €73,471 to €85,195
- Taxes +€2,363
up €2,363 (+16.3%), from €14,495 to €16,858
- Depreciation +€1,378
up €1,378 (+44.9%), from €3,073 to €4,451
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,657 | €156,315 | -€1,342 | -0.9% |
| Fixed assets | 21/28 | €12,515 | €17,829 | +€5,314 | +42.5% |
| Intangible fixed assets | 21 | - | €4,495 | +€4,495 | |
| Tangible fixed assets | 22/27 | €12,515 | €13,334 | +€819 | +6.5% |
| Furniture and vehicles | 24 | €6,709 | €6,424 | -€284 | -4.2% |
| Other tangible fixed assets | 26 | €5,807 | €6,910 | +€1,104 | +19.0% |
| Current assets | 29/58 | €145,142 | €138,486 | -€6,656 | -4.6% |
| Amounts receivable within one year | 40/41 | €16,771 | €16,206 | -€565 | -3.4% |
| Trade receivables | 40 | €16,771 | €16,051 | -€720 | -4.3% |
| Other amounts receivable | 41 | - | €155 | +€155 | |
| Current investments | 50/53 | - | €21,238 | +€21,238 | |
| Cash at bank and in hand | 54/58 | €127,873 | €101,043 | -€26,830 | -21.0% |
| Deferred charges and accrued income | 490/1 | €498 | €0 | -€498 | -100% |
| Total equity and liabilities | 10/49 | €157,657 | €156,315 | -€1,342 | -0.9% |
| Equity | 10/15 | €143,211 | €77,419 | -€65,792 | -45.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €138,211 | €72,419 | -€65,792 | -47.6% |
| Distributable reserves | 133 | €138,211 | €72,419 | -€65,792 | -47.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,446 | €78,896 | +€64,450 | +446% |
| Amounts payable within one year | 42/48 | €14,446 | €78,896 | +€64,450 | +446% |
| Trade debts | 44 | €780 | €308 | -€471 | -60.4% |
| Suppliers | 440/4 | €780 | €308 | -€471 | -60.4% |
| Taxes, remuneration and social security | 45 | €13,666 | €8,788 | -€4,878 | -35.7% |
| Taxes | 450/3 | €13,666 | €8,788 | -€4,878 | -35.7% |
| Other amounts payable | 47/48 | - | €69,800 | +€69,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,073 | €4,451 | +€1,378 | +44.9% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +645% |
| Gross operating margin | 9900 | €73,471 | €85,195 | +€11,724 | +16.0% |
| Operating profit (loss) | 9901 | €70,337 | €80,283 | +€9,946 | +14.1% |
| Financial income | 75/76B | - | €323 | +€323 | |
| Recurring financial income | 75 | - | €323 | +€323 | |
| Financial charges | 65/66B | €1,445 | €1,216 | -€229 | -15.8% |
| Recurring financial charges | 65 | €1,445 | €1,216 | -€229 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €68,892 | €79,389 | +€10,498 | +15.2% |
| Income taxes | 67/77 | €14,495 | €16,858 | +€2,363 | +16.3% |
| Profit (loss) for the period | 9904 | €54,397 | €62,531 | +€8,135 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,397 | €62,531 | +€8,135 | +15.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.