ALVINFOOD: 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.
ALVINFOOD
Largest movements
- Intangible fixed assets -€20,600
down €20,600 (-30.0%), from €68,667 to €48,067
- Tangible fixed assets -€8,339
down €8,339 (-8.9%), from €94,088 to €85,749
of which Plant, machinery and equipment: -€8,510
- Cash +€6,905
up €6,905 (+85.3%), from €8,100 to €15,006
mainly Other debts (+€83,100) and Depreciation (+€34,638)
- Stocks and contracts -€3,431
down €3,431 (-26.0%), from €13,204 to €9,773
- Profit (loss) carried forward -€100,510
down €100,510 (-23.0%), from -€437,324 to -€537,834
- Other debts +€83,100
up €83,100 (+16.5%), from €504,033 to €587,133
- Tax, wage and social debts -€11,717
down €11,717 (-15.3%), from €76,485 to €64,768
of which Remuneration and social security: -€7,651
- Trade debts +€6,324
up €6,324 (+12.2%), from €51,798 to €58,123
- Gross operating margin -€92,060
down €92,060 (-37.0%), from €248,814 to €156,753
- Staff costs -€20,892
down €20,892 (-8.9%), from €235,423 to €214,531
- Depreciation +€2,903
up €2,903 (+9.1%), from €31,735 to €34,638
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 | €256,966 | €234,164 | -€22,802 | -8.9% |
| Fixed assets | 21/28 | €226,355 | €197,416 | -€28,939 | -12.8% |
| Intangible fixed assets | 21 | €68,667 | €48,067 | -€20,600 | -30.0% |
| Tangible fixed assets | 22/27 | €94,088 | €85,749 | -€8,339 | -8.9% |
| Plant, machinery and equipment | 23 | €92,291 | €83,781 | -€8,510 | -9.2% |
| Furniture and vehicles | 24 | €1,798 | €1,968 | +€171 | +9.5% |
| Financial fixed assets | 28 | €63,600 | €63,600 | = | 0.0% |
| Current assets | 29/58 | €30,611 | €36,748 | +€6,137 | +20.0% |
| Stocks and contracts in progress | 3 | €13,204 | €9,773 | -€3,431 | -26.0% |
| Stocks | 30/36 | €13,204 | €9,773 | -€3,431 | -26.0% |
| Amounts receivable within one year | 40/41 | €4,706 | €6,969 | +€2,263 | +48.1% |
| Trade receivables | 40 | €2,034 | €3,903 | +€1,870 | +91.9% |
| Other amounts receivable | 41 | €2,673 | €3,066 | +€393 | +14.7% |
| Cash at bank and in hand | 54/58 | €8,100 | €15,006 | +€6,905 | +85.3% |
| Deferred charges and accrued income | 490/1 | €4,600 | €5,000 | +€400 | +8.7% |
| Total equity and liabilities | 10/49 | €256,966 | €234,164 | -€22,802 | -8.9% |
| Equity | 10/15 | -€375,351 | -€475,861 | -€100,510 | -26.8% |
| 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% |
| Profit (loss) carried forward | 14 | -€437,324 | -€537,834 | -€100,510 | -23.0% |
| Amounts payable | 17/49 | €632,316 | €710,024 | +€77,708 | +12.3% |
| Amounts payable within one year | 42/48 | €632,316 | €710,024 | +€77,708 | +12.3% |
| Trade debts | 44 | €51,798 | €58,123 | +€6,324 | +12.2% |
| Suppliers | 440/4 | €51,798 | €58,123 | +€6,324 | +12.2% |
| Taxes, remuneration and social security | 45 | €76,485 | €64,768 | -€11,717 | -15.3% |
| Taxes | 450/3 | €19,487 | €15,422 | -€4,065 | -20.9% |
| Remuneration and social security | 454/9 | €56,998 | €49,346 | -€7,651 | -13.4% |
| Other amounts payable | 47/48 | €504,033 | €587,133 | +€83,100 | +16.5% |
| Remuneration, social security and pensions | 62 | €235,423 | €214,531 | -€20,892 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,735 | €34,638 | +€2,903 | +9.1% |
| Other operating charges | 640/8 | €7,849 | €6,158 | -€1,690 | -21.5% |
| Gross operating margin | 9900 | €248,814 | €156,753 | -€92,060 | -37.0% |
| Operating profit (loss) | 9901 | -€26,193 | -€98,574 | -€72,381 | -276% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €3,725 | €1,935 | -€1,790 | -48.0% |
| Recurring financial charges | 65 | €3,725 | €1,935 | -€1,790 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | -€29,913 | -€100,510 | -€70,597 | -236% |
| Profit (loss) for the period | 9904 | -€29,913 | -€100,510 | -€70,597 | -236% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,913 | -€100,510 | -€70,597 | -236% |
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 27 October 2026 via checked.be.