ALFRED VENDING: 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.
ALFRED VENDING
Largest movements
- Receivables within one year +€69,243
up €69,243 (+151%), from €45,864 to €115,107
of which Trade receivables: +€70,073
- Stocks and contracts +€30,950
up €30,950 (+1,238%), from €2,500 to €33,450
- Tangible fixed assets -€24,037
down €24,037 (-33.9%), from €71,008 to €46,972
of which Plant, machinery and equipment: -€18,113
- Cash -€19,172
down €19,172 (-74.9%), from €25,581 to €6,409
mainly Receivables within one year (-€69,243) and Debts after one year (-€33,520)
- Deferred charges and accrued income -€10,448
down €10,448 (-98.6%), from €10,594 to €145
- Trade debts +€58,131
up €58,131 (+176%), from €32,941 to €91,072
- Debts after one year -€33,520
down €33,520 (-56.8%), from €58,974 to €25,454
of which Financial debts: -€33,520
- Profit (loss) carried forward +€15,824
up €15,824 (+27.3%), from -€57,988 to -€42,164
- Other debts +€8,699
new in 2025: €8,699
- Tax, wage and social debts -€3,760
down €3,760 (-49.4%), from €7,605 to €3,844
- Gross operating margin -€24,456
down €24,456 (-35.1%), from €69,642 to €45,186
- Financial charges -€4,471
down €4,471 (-52.3%), from €8,554 to €4,084
- Depreciation +€1,228
up €1,228 (+5.4%), from €22,809 to €24,037
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 | €155,547 | €202,083 | +€46,536 | +29.9% |
| Fixed assets | 21/28 | €71,008 | €46,972 | -€24,037 | -33.9% |
| Tangible fixed assets | 22/27 | €71,008 | €46,972 | -€24,037 | -33.9% |
| Plant, machinery and equipment | 23 | €57,595 | €39,482 | -€18,113 | -31.4% |
| Furniture and vehicles | 24 | €851 | - | -€851 | |
| Leasing and similar rights | 25 | €12,562 | €7,490 | -€5,072 | -40.4% |
| Current assets | 29/58 | €84,538 | €155,111 | +€70,573 | +83.5% |
| Stocks and contracts in progress | 3 | €2,500 | €33,450 | +€30,950 | +1,238% |
| Stocks | 30/36 | €2,500 | €33,450 | +€30,950 | +1,238% |
| Amounts receivable within one year | 40/41 | €45,864 | €115,107 | +€69,243 | +151% |
| Trade receivables | 40 | €44,992 | €115,065 | +€70,073 | +156% |
| Other amounts receivable | 41 | €872 | €42 | -€830 | -95.2% |
| Cash at bank and in hand | 54/58 | €25,581 | €6,409 | -€19,172 | -74.9% |
| Deferred charges and accrued income | 490/1 | €10,594 | €145 | -€10,448 | -98.6% |
| Total equity and liabilities | 10/49 | €155,547 | €202,083 | +€46,536 | +29.9% |
| Equity | 10/15 | €22,012 | €37,836 | +€15,824 | +71.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,988 | -€42,164 | +€15,824 | +27.3% |
| Amounts payable | 17/49 | €133,535 | €164,247 | +€30,712 | +23.0% |
| Amounts payable after more than one year | 17 | €58,974 | €25,454 | -€33,520 | -56.8% |
| Financial debts | 170/4 | €55,574 | €22,054 | -€33,520 | -60.3% |
| Other amounts payable | 178/9 | €3,400 | €3,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,495 | €138,726 | +€64,231 | +86.2% |
| Current portion of amounts payable after more than one year | 42 | €33,949 | €35,110 | +€1,161 | +3.4% |
| Trade debts | 44 | €32,941 | €91,072 | +€58,131 | +176% |
| Suppliers | 440/4 | €32,941 | €91,072 | +€58,131 | +176% |
| Taxes, remuneration and social security | 45 | €7,605 | €3,844 | -€3,760 | -49.4% |
| Taxes | 450/3 | €7,605 | €3,844 | -€3,760 | -49.4% |
| Other amounts payable | 47/48 | - | €8,699 | +€8,699 | |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,809 | €24,037 | +€1,228 | +5.4% |
| Other operating charges | 640/8 | €1,686 | €1,241 | -€444 | -26.4% |
| Gross operating margin | 9900 | €69,642 | €45,186 | -€24,456 | -35.1% |
| Operating profit (loss) | 9901 | €45,148 | €19,908 | -€25,240 | -55.9% |
| Financial income | 75/76B | €51 | - | -€51 | |
| Recurring financial income | 75 | €51 | - | -€51 | |
| Financial charges | 65/66B | €8,554 | €4,084 | -€4,471 | -52.3% |
| Recurring financial charges | 65 | €8,554 | €4,084 | -€4,471 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €36,644 | €15,824 | -€20,820 | -56.8% |
| Profit (loss) for the period | 9904 | €36,644 | €15,824 | -€20,820 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,644 | €15,824 | -€20,820 | -56.8% |
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 20 October 2026 via checked.be.