ALFRENS: what changed
Two fiscal 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.
What changed
ALFRENS
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€2.0m
2023 · €200,291+€1.8m
Equity
€4.2m
2023 · €4.3m-€47,867
Cash
€8,734
2023 · €57,874-€49,139
Balance sheet total
€10.0m
2023 · €11.5m-€1.5m
Largest movements
Assets
- Receivables within one year -€1.1m
down €1.1m (-20.0%), from €5.4m to €4.3m
- Receivables after one year -€395,000
down €395,000 (-32.9%), from €1.2m to €805,000
Equity and liabilities
- Other debts -€1.5m
down €1.5m (-20.5%), from €7.2m to €5.7m
Income statement
- Financial charges -€1.8m
down €1.8m (-90.6%), from €2.0m to €185,075
of which Non-recurring financial charges: -€1.8m
- Turnover -€85,180
down €85,180 (-30.1%), from €282,525 to €197,345
- Staff costs -€80,440
down €80,440 (-39.5%), from €203,471 to €123,031
- Financial income -€25,271
down €25,271 (-1.2%), from €2.2m to €2.1m
- Services and other goods +€10,528
up €10,528 (+17.9%), from €58,667 to €69,195
From the 2023 result to the 2024 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.
Result 2023
€200,291
Turnover
-€85,180
Other operating income
-€925
Services and other goods
-€10,528
Staff costs
+€80,440
Other operating charges
-€16
Financial income
-€25,271
Financial charges
+€1.8m
Taxes
-€19
Result 2024
€2.0m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€2.0m
Investment
€0
Financing
-€2.0m
Cash 2023
€57,874
From operations (derived)
+€2.0m
Net result for the year
+€2.0m
Receivables after one year
+€395,000
Receivables within one year
+€1.1m
Smaller working-capital items
-€1,009
Other debts
-€1.5m
Financing
-€2.0m
Contributions, distributions and other
-€2.0m
Cash 2024
€8,734
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,547,089 | €10,017,565 | -€1.5m | -13.2% |
| Fixed assets | 21/28 | €4,874,987 | €4,874,987 | = | 0.0% |
| Tangible fixed assets | 22/27 | €95,331 | €95,331 | = | 0.0% |
| Land and buildings | 22 | €95,331 | €95,331 | = | 0.0% |
| Financial fixed assets | 28 | €4,779,656 | €4,779,656 | = | 0.0% |
| Affiliated companies | 280/1 | €4,779,626 | €4,779,626 | = | 0.0% |
| Participating interests | 280 | €4,779,626 | €4,779,626 | = | 0.0% |
| Other financial fixed assets | 284/8 | €30 | €30 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €6,672,102 | €5,142,578 | -€1.5m | -22.9% |
| Amounts receivable after more than one year | 29 | €1,200,000 | €805,000 | -€395,000 | -32.9% |
| Other amounts receivable | 291 | €1,200,000 | €805,000 | -€395,000 | -32.9% |
| Amounts receivable within one year | 40/41 | €5,414,228 | €4,328,844 | -€1.1m | -20.0% |
| Other amounts receivable | 41 | €5,414,228 | €4,328,844 | -€1.1m | -20.0% |
| Cash at bank and in hand | 54/58 | €57,874 | €8,734 | -€49,139 | -84.9% |
| Total equity and liabilities | 10/49 | €11,547,089 | €10,017,565 | -€1.5m | -13.2% |
| Equity | 10/15 | €4,296,644 | €4,248,777 | -€47,867 | -1.1% |
| Contributions | 10/11 | €447,485 | €447,485 | = | 0.0% |
| Capital | 10 | €447,485 | €447,485 | = | 0.0% |
| Issued capital | 100 | €447,485 | €447,485 | = | 0.0% |
| Reserves | 13 | €3,849,159 | €3,801,292 | -€47,867 | -1.2% |
| Non-distributable reserves | 130/1 | €44,749 | €44,749 | = | 0.0% |
| Legal reserve | 130 | €44,749 | €44,749 | = | 0.0% |
| Distributable reserves | 133 | €3,804,410 | €3,756,543 | -€47,867 | -1.3% |
| Amounts payable | 17/49 | €7,250,445 | €5,768,789 | -€1.5m | -20.4% |
| Amounts payable within one year | 42/48 | €7,250,445 | €5,768,789 | -€1.5m | -20.4% |
| Trade debts | 44 | €6,751 | €5,008 | -€1,742 | -25.8% |
| Suppliers | 440/4 | €6,751 | €5,008 | -€1,742 | -25.8% |
| Taxes, remuneration and social security | 45 | €23,591 | €24,324 | +€733 | +3.1% |
| Taxes | 450/3 | €10,692 | €10,977 | +€285 | +2.7% |
| Remuneration and social security | 454/9 | €12,899 | €13,347 | +€448 | +3.5% |
| Other amounts payable | 47/48 | €7,220,103 | €5,739,456 | -€1.5m | -20.5% |
| Operating income | 70/76A | €290,671 | €204,566 | -€86,105 | -29.6% |
| Turnover | 70 | €282,525 | €197,345 | -€85,180 | -30.1% |
| Other operating income | 74 | €8,146 | €7,221 | -€925 | -11.4% |
| Operating charges | 60/66A | €263,208 | €193,312 | -€69,896 | -26.6% |
| Services and other goods | 61 | €58,667 | €69,195 | +€10,528 | +17.9% |
| Remuneration, social security and pensions | 62 | €203,471 | €123,031 | -€80,440 | -39.5% |
| Other operating charges | 640/8 | €1,069 | €1,086 | +€16 | +1.5% |
| Operating profit (loss) | 9901 | €27,463 | €11,254 | -€16,210 | -59.0% |
| Financial income | 75/76B | €2,151,544 | €2,126,274 | -€25,271 | -1.2% |
| Recurring financial income | 75 | €2,151,544 | €2,126,274 | -€25,271 | -1.2% |
| Income from financial fixed assets | 750 | €2,041,537 | €1,992,000 | -€49,537 | -2.4% |
| Income from current assets | 751 | €110,007 | €134,274 | +€24,266 | +22.1% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,978,417 | €185,075 | -€1.8m | -90.6% |
| Recurring financial charges | 65 | €209,886 | €185,075 | -€24,810 | -11.8% |
| Debt charges | 650 | €209,290 | €184,370 | -€24,920 | -11.9% |
| Other financial charges | 652/9 | €595 | €705 | +€110 | +18.5% |
| Non-recurring financial charges | 66B | €1,768,531 | - | -€1.8m | |
| Profit (loss) for the period before taxes | 9903 | €200,591 | €1,952,452 | +€1.8m | +873.3% |
| Income taxes | 67/77 | €300 | €320 | +€19 | +6.4% |
| Taxes | 670/3 | €300 | €320 | +€19 | +6.4% |
| Profit (loss) for the period | 9904 | €200,291 | €1,952,133 | +€1.8m | +874.6% |
| Profit (loss) for the period to be appropriated | 9905 | €200,291 | €1,952,133 | +€1.8m | +874.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.