ALLFAC: 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
ALLFAC
NACE 43.310, Plastering work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,386
2024 · -€469,468+€465,082
Equity
€684,704
2024 · €388,476+€296,227
Cash
€576,544
2024 · €591,738-€15,194
Balance sheet total
€2.0m
2024 · €2.1m-€127,566
Largest movements
Assets
- Receivables within one year -€256,215
down €256,215 (-18.4%), from €1.4m to €1.1m
of which Trade receivables: -€169,388
- Stocks and contracts +€88,581
up €88,581 (+397.2%), from €22,300 to €110,881
- Deferred charges and accrued income +€46,338
up €46,338, from €0 to €46,338
Equity and liabilities
- Tax, wage and social debts -€380,120
down €380,120 (-74.0%), from €513,572 to €133,452
of which Remuneration and social security: -€356,686
- Reserves +€296,304
up €296,304 (+78.8%), from €376,200 to €672,504
- Trade debts -€26,322
down €26,322 (-2.3%), from €1.1m to €1.1m
Income statement
- Staff costs -€687,328
down €687,328 (-26.7%), from €2.6m to €1.9m
- Provisions +€150,000
up €150,000, from -€150,000 to €0
- Write-downs +€62,163
up €62,163, from €0 to €62,163
- Gross operating margin +€50,689
up €50,689 (+2.5%), from €2.0m to €2.1m
- Other operating charges +€24,922
up €24,922 (+149.4%), from €16,676 to €41,598
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.
Result 2024
-€469,468
Gross operating margin
+€50,689
Staff costs
+€687,328
Depreciation
-€14,685
Write-downs
-€62,163
Provisions
-€150,000
Other operating charges
-€24,922
Financial income
-€11,702
Financial charges
-€9,518
Taxes
+€55
Result 2025
-€4,386
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.
From operations
-€249,289
Investment
-€49,523
Financing
+€283,617
Cash 2024
€591,738
From operations (derived)
-€249,289
Net result for the year
-€4,386
Depreciation
+€40,598
Stocks and contracts
-€88,581
Receivables within one year
+€256,215
Deferred charges and accrued income
-€46,338
Trade debts
-€26,322
Tax, wage and social debts
-€380,120
Smaller working-capital items
-€355
Investment (derived)
-€49,523
Investment in fixed assets (net)
-€49,523
Financing
+€283,617
Debts after one year
-€17,635
Current portion of long-term debt
+€639
Contributions, distributions and other
+€300,614
Cash 2025
€576,544
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,111,383 | €1,983,817 | -€127,566 | -6.0% |
| Fixed assets | 21/28 | €103,092 | €112,016 | +€8,924 | +8.7% |
| Intangible fixed assets | 21 | €3,915 | €2,539 | -€1,375 | -35.1% |
| Tangible fixed assets | 22/27 | €87,997 | €95,611 | +€7,615 | +8.7% |
| Plant, machinery and equipment | 23 | €27,369 | €33,809 | +€6,440 | +23.5% |
| Furniture and vehicles | 24 | €60,628 | €46,571 | -€14,057 | -23.2% |
| Other tangible fixed assets | 26 | - | €15,232 | +€15,232 | |
| Financial fixed assets | 28 | €11,180 | €13,865 | +€2,685 | +24.0% |
| Current assets | 29/58 | €2,008,291 | €1,871,801 | -€136,490 | -6.8% |
| Stocks and contracts in progress | 3 | €22,300 | €110,881 | +€88,581 | +397.2% |
| Stocks | 30/36 | €22,300 | €110,881 | +€88,581 | +397.2% |
| Amounts receivable within one year | 40/41 | €1,394,253 | €1,138,038 | -€256,215 | -18.4% |
| Trade receivables | 40 | €767,087 | €597,700 | -€169,388 | -22.1% |
| Other amounts receivable | 41 | €627,165 | €540,338 | -€86,828 | -13.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €591,738 | €576,544 | -€15,194 | -2.6% |
| Deferred charges and accrued income | 490/1 | €0 | €46,338 | +€46,338 | |
| Total equity and liabilities | 10/49 | €2,111,383 | €1,983,817 | -€127,566 | -6.0% |
| Equity | 10/15 | €388,476 | €684,704 | +€296,227 | +76.3% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €376,200 | €672,504 | +€296,304 | +78.8% |
| Distributable reserves | 133 | €376,200 | €672,504 | +€296,304 | +78.8% |
| Profit (loss) carried forward | 14 | €76 | - | -€76 | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €1,722,906 | €1,299,113 | -€423,793 | -24.6% |
| Amounts payable after more than one year | 17 | €31,944 | €14,309 | -€17,635 | -55.2% |
| Financial debts | 170/4 | €31,944 | €14,309 | -€17,635 | -55.2% |
| Amounts payable within one year | 42/48 | €1,690,963 | €1,284,488 | -€406,475 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €16,996 | €17,635 | +€639 | +3.8% |
| Trade debts | 44 | €1,144,028 | €1,117,706 | -€26,322 | -2.3% |
| Suppliers | 440/4 | €1,144,028 | €1,117,706 | -€26,322 | -2.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €513,572 | €133,452 | -€380,120 | -74.0% |
| Taxes | 450/3 | €72,851 | €49,417 | -€23,434 | -32.2% |
| Remuneration and social security | 454/9 | €440,722 | €84,035 | -€356,686 | -80.9% |
| Other amounts payable | 47/48 | €16,366 | €15,695 | -€671 | -4.1% |
| Accrued charges and deferred income | 492/3 | - | €316 | +€316 | |
| Non-recurring operating income | 76A | €1,800 | €0 | -€1,800 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,576,897 | €1,889,568 | -€687,328 | -26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,914 | €40,598 | +€14,685 | +56.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €62,163 | +€62,163 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€150,000 | €0 | +€150,000 | |
| Other operating charges | 640/8 | €16,676 | €41,598 | +€24,922 | +149.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €2,004,710 | €2,055,399 | +€50,689 | +2.5% |
| Operating profit (loss) | 9901 | -€464,776 | €21,472 | +€486,248 | |
| Financial income | 75/76B | €19,610 | €7,908 | -€11,702 | -59.7% |
| Recurring financial income | 75 | €19,610 | €7,908 | -€11,702 | -59.7% |
| Financial charges | 65/66B | €23,336 | €32,854 | +€9,518 | +40.8% |
| Recurring financial charges | 65 | €23,336 | €32,854 | +€9,518 | +40.8% |
| Profit (loss) for the period before taxes | 9903 | -€468,501 | -€3,474 | +€465,027 | +99.3% |
| Income taxes | 67/77 | €967 | €912 | -€55 | -5.7% |
| Profit (loss) for the period | 9904 | -€469,468 | -€4,386 | +€465,082 | +99.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€469,468 | -€4,386 | +€465,082 | +99.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.