ALLFREDO: 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.
ALLFREDO
Largest movements
- Receivables within one year -€9,082
down €9,082 (-9.5%), from €95,106 to €86,025
of which Trade receivables: -€41,533
- Cash +€8,195
up €8,195 (+40.2%), from €20,390 to €28,585
mainly Net result for the year (+€21,887) and Receivables within one year (+€9,082)
- Tangible fixed assets +€8,029
up €8,029 (+43.0%), from €18,652 to €26,682
of which Plant, machinery and equipment: +€12,623
- Reserves +€22,000
up €22,000 (+53.8%), from €40,860 to €62,860
of which Distributable reserves: +€22,000
- Other debts -€11,408
down €11,408 (-25.5%), from €44,765 to €33,357
- Trade debts -€6,681
down €6,681 (-24.8%), from €26,958 to €20,277
- Tax, wage and social debts +€4,135
up €4,135 (+53.4%), from €7,737 to €11,873
of which Remuneration and social security: +€4,173
- Gross operating margin +€16,249
up €16,249 (+61.0%), from €26,647 to €42,896
- Taxes +€5,413
up €5,413 (+127.1%), from €4,259 to €9,672
- Depreciation -€3,011
down €3,011 (-29.3%), from €10,273 to €7,263
- Other operating charges +€1,092
up €1,092 (+51.5%), from €2,122 to €3,214
- Financial charges +€510
up €510 (+145.4%), from €351 to €861
of which Financial charges: +€513
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,199 | €142,131 | +€7,933 | +5.9% |
| Fixed assets | 21/28 | €18,702 | €27,522 | +€8,819 | +47.2% |
| Tangible fixed assets | 22/27 | €18,652 | €26,682 | +€8,029 | +43.0% |
| Land and buildings | 22 | €3,481 | €2,788 | -€692 | -19.9% |
| Plant, machinery and equipment | 23 | €8,846 | €21,469 | +€12,623 | +142.7% |
| Furniture and vehicles | 24 | €2,452 | €1,504 | -€948 | -38.7% |
| Other tangible fixed assets | 26 | €3,874 | €920 | -€2,953 | -76.2% |
| Financial fixed assets | 28 | €50 | €840 | +€790 | +1580.0% |
| Current assets | 29/58 | €115,496 | €114,610 | -€886 | -0.8% |
| Amounts receivable within one year | 40/41 | €95,106 | €86,025 | -€9,082 | -9.5% |
| Trade receivables | 40 | €94,181 | €52,648 | -€41,533 | -44.1% |
| Other amounts receivable | 41 | €925 | €33,377 | +€32,452 | +3507.0% |
| Cash at bank and in hand | 54/58 | €20,390 | €28,585 | +€8,195 | +40.2% |
| Total equity and liabilities | 10/49 | €134,199 | €142,131 | +€7,933 | +5.9% |
| Equity | 10/15 | €54,738 | €76,625 | +€21,887 | +40.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,860 | €62,860 | +€22,000 | +53.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,000 | €61,000 | +€22,000 | +56.4% |
| Profit (loss) carried forward | 14 | €1,478 | €1,365 | -€113 | -7.6% |
| Amounts payable | 17/49 | €79,460 | €65,506 | -€13,954 | -17.6% |
| Amounts payable within one year | 42/48 | €79,460 | €65,506 | -€13,954 | -17.6% |
| Trade debts | 44 | €26,958 | €20,277 | -€6,681 | -24.8% |
| Suppliers | 440/4 | €26,958 | €20,277 | -€6,681 | -24.8% |
| Taxes, remuneration and social security | 45 | €7,737 | €11,873 | +€4,135 | +53.4% |
| Taxes | 450/3 | €7,737 | €7,700 | -€37 | -0.5% |
| Remuneration and social security | 454/9 | - | €4,173 | +€4,173 | |
| Other amounts payable | 47/48 | €44,765 | €33,357 | -€11,408 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,273 | €7,263 | -€3,011 | -29.3% |
| Other operating charges | 640/8 | €2,122 | €3,214 | +€1,092 | +51.5% |
| Gross operating margin | 9900 | €26,647 | €42,896 | +€16,249 | +61.0% |
| Operating profit (loss) | 9901 | €14,252 | €32,420 | +€18,168 | +127.5% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.3% |
| Non-recurring financial income | 76B | €3 | €0 | -€3 | -99.3% |
| Financial charges | 65/66B | €351 | €861 | +€510 | +145.4% |
| Recurring financial charges | 65 | €173 | €686 | +€513 | +296.7% |
| Non-recurring financial charges | 66B | €178 | €175 | -€3 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €13,904 | €31,559 | +€17,655 | +127.0% |
| Income taxes | 67/77 | €4,259 | €9,672 | +€5,413 | +127.1% |
| Profit (loss) for the period | 9904 | €9,645 | €21,887 | +€12,242 | +126.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,645 | €21,887 | +€12,242 | +126.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.