ALROFIN: 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.
ALROFIN
Largest movements
- Cash +€3,481
up €3,481 (+22.4%), from €15,570 to €19,051
mainly Depreciation (+€6,841) and Net result for the year (+€6,122)
- Receivables within one year +€3,010
up €3,010 (+66.7%), from €4,513 to €7,523
- Tangible fixed assets -€2,364
down €2,364 (-5.2%), from €45,887 to €43,523
of which Land and buildings: -€2,048
- Profit (loss) carried forward +€6,122
up €6,122 (+16.2%), from €37,695 to €43,817
- Other debts +€1,388
up €1,388 (+40.9%), from €3,393 to €4,781
- Trade debts -€1,383
no longer reported in 2025 (was €1,383)
- Gross operating margin -€5,062
down €5,062 (-22.1%), from €22,949 to €17,887
- Taxes -€1,958
down €1,958 (-41.7%), from €4,701 to €2,743
- Depreciation +€895
up €895 (+15.1%), from €5,946 to €6,841
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 | €112,720 | €117,710 | +€4,990 | +4.4% |
| Fixed assets | 21/28 | €92,637 | €91,136 | -€1,501 | -1.6% |
| Tangible fixed assets | 22/27 | €45,887 | €43,523 | -€2,364 | -5.2% |
| Land and buildings | 22 | €22,078 | €20,030 | -€2,048 | -9.3% |
| Plant, machinery and equipment | 23 | €23,809 | €23,493 | -€316 | -1.3% |
| Financial fixed assets | 28 | €46,750 | €47,613 | +€863 | +1.8% |
| Current assets | 29/58 | €20,083 | €26,574 | +€6,491 | +32.3% |
| Amounts receivable within one year | 40/41 | €4,513 | €7,523 | +€3,010 | +66.7% |
| Other amounts receivable | 41 | €4,513 | €7,523 | +€3,010 | +66.7% |
| Cash at bank and in hand | 54/58 | €15,570 | €19,051 | +€3,481 | +22.4% |
| Total equity and liabilities | 10/49 | €112,720 | €117,710 | +€4,990 | +4.4% |
| Equity | 10/15 | €106,807 | €112,929 | +€6,122 | +5.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €7,139 | €7,139 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,278 | €6,278 | = | 0.0% |
| Legal reserve | 130 | €6,278 | €6,278 | = | 0.0% |
| Distributable reserves | 133 | €861 | €861 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,695 | €43,817 | +€6,122 | +16.2% |
| Amounts payable | 17/49 | €5,913 | €4,781 | -€1,132 | -19.1% |
| Amounts payable within one year | 42/48 | €5,913 | €4,781 | -€1,132 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €240 | - | -€240 | |
| Trade debts | 44 | €1,383 | - | -€1,383 | |
| Suppliers | 440/4 | €1,383 | - | -€1,383 | |
| Taxes, remuneration and social security | 45 | €897 | - | -€897 | |
| Taxes | 450/3 | €897 | - | -€897 | |
| Other amounts payable | 47/48 | €3,393 | €4,781 | +€1,388 | +40.9% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€13 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,946 | €6,841 | +€895 | +15.1% |
| Other operating charges | 640/8 | €3,226 | €3,331 | +€105 | +3.3% |
| Gross operating margin | 9900 | €22,949 | €17,887 | -€5,062 | -22.1% |
| Operating profit (loss) | 9901 | €13,390 | €7,315 | -€6,075 | -45.4% |
| Financial income | 75/76B | €2,112 | €1,949 | -€163 | -7.7% |
| Recurring financial income | 75 | €2,112 | €1,949 | -€163 | -7.7% |
| Financial charges | 65/66B | €628 | €399 | -€229 | -36.5% |
| Recurring financial charges | 65 | €628 | €399 | -€229 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €14,874 | €8,865 | -€6,009 | -40.4% |
| Transfer from deferred taxes | 780 | €146 | - | -€146 | |
| Income taxes | 67/77 | €4,701 | €2,743 | -€1,958 | -41.7% |
| Profit (loss) for the period | 9904 | €10,319 | €6,122 | -€4,197 | -40.7% |
| Transfer from tax-exempt reserves | 789 | €436 | - | -€436 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,755 | €6,122 | -€4,633 | -43.1% |
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 16 October 2026 via checked.be.