ALFRA: 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.
ALFRA
Largest movements
- Tangible fixed assets -€19,868
down €19,868 (-2.9%), from €685,052 to €665,185
of which Land and buildings: -€18,322
- Receivables within one year +€8,817
up €8,817 (+37.4%), from €23,547 to €32,364
- Profit (loss) carried forward -€16,577
down €16,577 (-11.5%), from -€144,257 to -€160,834
- Other operating charges -€1,417
down €1,417 (-36.2%), from €3,919 to €2,502
- Financial income -€1,069
down €1,069 (-44.1%), from €2,425 to €1,355
- Gross operating margin +€715
up €715 (+16.6%), from €4,304 to €5,019
- Financial charges +€297
up €297 (+99.3%), from €299 to €596
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.
Cash bridge derived
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 | €808,381 | €790,049 | -€18,332 | -2.3% |
| Fixed assets | 21/28 | €685,052 | €665,185 | -€19,868 | -2.9% |
| Tangible fixed assets | 22/27 | €685,052 | €665,185 | -€19,868 | -2.9% |
| Land and buildings | 22 | €671,801 | €653,480 | -€18,322 | -2.7% |
| Plant, machinery and equipment | 23 | €13,251 | €11,705 | -€1,546 | -11.7% |
| Current assets | 29/58 | €123,329 | €124,864 | +€1,535 | +1.2% |
| Amounts receivable within one year | 40/41 | €23,547 | €32,364 | +€8,817 | +37.4% |
| Other amounts receivable | 41 | €23,547 | €32,364 | +€8,817 | +37.4% |
| Current investments | 50/53 | €54,892 | €54,892 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €42,345 | €35,109 | -€7,237 | -17.1% |
| Deferred charges and accrued income | 490/1 | €2,544 | €2,500 | -€44 | -1.7% |
| Total equity and liabilities | 10/49 | €808,381 | €790,049 | -€18,332 | -2.3% |
| Equity | 10/15 | €797,743 | €781,166 | -€16,577 | -2.1% |
| Contributions | 10/11 | €942,000 | €942,000 | = | 0.0% |
| Capital | 10 | €942,000 | €942,000 | = | 0.0% |
| Issued capital | 100 | €942,000 | €942,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€144,257 | -€160,834 | -€16,577 | -11.5% |
| Amounts payable | 17/49 | €10,638 | €8,883 | -€1,755 | -16.5% |
| Accrued charges and deferred income | 492/3 | €10,638 | €8,883 | -€1,755 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,868 | €19,868 | = | 0.0% |
| Other operating charges | 640/8 | €3,919 | €2,502 | -€1,417 | -36.2% |
| Gross operating margin | 9900 | €4,304 | €5,019 | +€715 | +16.6% |
| Operating profit (loss) | 9901 | -€19,483 | -€17,351 | +€2,132 | +10.9% |
| Financial income | 75/76B | €2,425 | €1,355 | -€1,069 | -44.1% |
| Recurring financial income | 75 | €2,425 | €1,355 | -€1,069 | -44.1% |
| Financial charges | 65/66B | €299 | €596 | +€297 | +99.3% |
| Recurring financial charges | 65 | €299 | €596 | +€297 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | -€17,357 | -€16,591 | +€766 | +4.4% |
| Income taxes | 67/77 | €13 | -€13 | -€27 | |
| Profit (loss) for the period | 9904 | -€17,370 | -€16,577 | +€793 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,370 | -€16,577 | +€793 | +4.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.