ALFRACOnsulting: what changed
ALFRACOnsulting
Largest movements
- Receivables within one year +€96,250
up €96,250 (+29.1%), from €331,291 to €427,541
of which Other amounts receivable: +€81,688
- Cash -€14,593
down €14,593 (-97.9%), from €14,899 to €306
mainly Receivables within one year (-€96,250) and Investment in fixed assets (net) (-€4,137)
- Tangible fixed assets -€9,416
down €9,416 (-24.3%), from €38,787 to €29,371
of which Leasing and similar rights: -€5,355
- Reserves +€80,760
up €80,760 (+27.3%), from €296,159 to €376,919
of which Distributable reserves: +€80,760
- Gross operating margin +€15,279
up €15,279 (+13.0%), from €117,620 to €132,899
- Taxes +€5,729
up €5,729 (+20.8%), from €27,599 to €33,328
- Depreciation -€2,836
down €2,836 (-17.3%), from €16,390 to €13,554
- Financial charges -€1,586
down €1,586 (-28.3%), from €5,599 to €4,014
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,247 | €457,488 | +€72,241 | +18.8% |
| Fixed assets | 21/28 | €39,057 | €29,641 | -€9,416 | -24.1% |
| Tangible fixed assets | 22/27 | €38,787 | €29,371 | -€9,416 | -24.3% |
| Plant, machinery and equipment | 23 | €25,242 | €21,157 | -€4,085 | -16.2% |
| Furniture and vehicles | 24 | €5,496 | €5,519 | +€23 | +0.4% |
| Leasing and similar rights | 25 | €8,050 | €2,695 | -€5,355 | -66.5% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €346,190 | €427,847 | +€81,657 | +23.6% |
| Amounts receivable within one year | 40/41 | €331,291 | €427,541 | +€96,250 | +29.1% |
| Trade receivables | 40 | €20,641 | €35,203 | +€14,562 | +70.5% |
| Other amounts receivable | 41 | €310,651 | €392,338 | +€81,688 | +26.3% |
| Cash at bank and in hand | 54/58 | €14,899 | €306 | -€14,593 | -97.9% |
| Total equity and liabilities | 10/49 | €385,247 | €457,488 | +€72,241 | +18.8% |
| Equity | 10/15 | €302,359 | €383,119 | +€80,760 | +26.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €296,159 | €376,919 | +€80,760 | +27.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €294,299 | €375,059 | +€80,760 | +27.4% |
| Amounts payable | 17/49 | €82,888 | €74,369 | -€8,519 | -10.3% |
| Amounts payable after more than one year | 17 | €3,469 | - | -€3,469 | |
| Financial debts | 170/4 | €3,469 | - | -€3,469 | |
| Amounts payable within one year | 42/48 | €79,419 | €74,369 | -€5,050 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €5,429 | €3,519 | -€1,911 | -35.2% |
| Financial debts | 43 | €39,250 | €36,300 | -€2,950 | -7.5% |
| Credit institutions | 430/8 | €39,250 | €36,300 | -€2,950 | -7.5% |
| Trade debts | 44 | €3,528 | €777 | -€2,751 | -78.0% |
| Suppliers | 440/4 | €3,528 | €777 | -€2,751 | -78.0% |
| Taxes, remuneration and social security | 45 | €31,212 | €33,774 | +€2,563 | +8.2% |
| Taxes | 450/3 | €31,212 | €33,774 | +€2,563 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,390 | €13,554 | -€2,836 | -17.3% |
| Other operating charges | 640/8 | €1,366 | €1,285 | -€81 | -5.9% |
| Gross operating margin | 9900 | €117,620 | €132,899 | +€15,279 | +13.0% |
| Operating profit (loss) | 9901 | €99,864 | €118,060 | +€18,196 | +18.2% |
| Financial income | 75/76B | €7 | €41 | +€34 | +508% |
| Recurring financial income | 75 | €7 | €41 | +€34 | +508% |
| Financial charges | 65/66B | €5,599 | €4,014 | -€1,586 | -28.3% |
| Recurring financial charges | 65 | €5,599 | €4,014 | -€1,586 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €94,271 | €114,087 | +€19,816 | +21.0% |
| Income taxes | 67/77 | €27,599 | €33,328 | +€5,729 | +20.8% |
| Profit (loss) for the period | 9904 | €66,673 | €80,760 | +€14,087 | +21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,673 | €80,760 | +€14,087 | +21.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.