ALWERFCO: 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.
ALWERFCO
Largest movements
- Receivables within one year +€1,964
up €1,964 (+84.1%), from €2,336 to €4,299
of which Trade receivables: +€3,185
- Cash +€1,778
up €1,778 (+17.5%), from €10,164 to €11,942
mainly Accrued charges and deferred income (+€3,600) and Net result for the year (+€1,630)
- Accrued charges and deferred income +€3,600
new in 2025: €3,600
- Tax, wage and social debts -€1,835
down €1,835 (-70.7%), from €2,596 to €761
- Reserves +€1,630
up €1,630 (+23.6%), from €6,922 to €8,553
- Trade debts +€346
up €346 (+122.9%), from €282 to €628
- Gross operating margin -€5,572
down €5,572 (-55.1%), from €10,118 to €4,546
- Taxes -€1,835
down €1,835 (-70.7%), from €2,596 to €761
- Staff costs +€957
new in 2025: €957
- Other operating charges +€536
up €536 (+105.0%), from €511 to €1,047
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,500 | €16,241 | +€3,742 | +29.9% |
| Current assets | 29/58 | €12,500 | €16,241 | +€3,742 | +29.9% |
| Amounts receivable within one year | 40/41 | €2,336 | €4,299 | +€1,964 | +84.1% |
| Trade receivables | 40 | €895 | €4,080 | +€3,185 | +355.9% |
| Other amounts receivable | 41 | €1,441 | €219 | -€1,221 | -84.8% |
| Cash at bank and in hand | 54/58 | €10,164 | €11,942 | +€1,778 | +17.5% |
| Total equity and liabilities | 10/49 | €12,500 | €16,241 | +€3,742 | +29.9% |
| Equity | 10/15 | €8,922 | €10,553 | +€1,630 | +18.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,922 | €8,553 | +€1,630 | +23.6% |
| Distributable reserves | 133 | €6,922 | €8,553 | +€1,630 | +23.6% |
| Amounts payable | 17/49 | €3,578 | €5,689 | +€2,111 | +59.0% |
| Amounts payable within one year | 42/48 | €3,578 | €2,089 | -€1,489 | -41.6% |
| Trade debts | 44 | €282 | €628 | +€346 | +122.9% |
| Suppliers | 440/4 | €282 | €628 | +€346 | +122.9% |
| Taxes, remuneration and social security | 45 | €2,596 | €761 | -€1,835 | -70.7% |
| Taxes | 450/3 | €2,596 | €761 | -€1,835 | -70.7% |
| Other amounts payable | 47/48 | €700 | €700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,600 | +€3,600 | |
| Remuneration, social security and pensions | 62 | - | €957 | +€957 | |
| Other operating charges | 640/8 | €511 | €1,047 | +€536 | +105.0% |
| Gross operating margin | 9900 | €10,118 | €4,546 | -€5,572 | -55.1% |
| Operating profit (loss) | 9901 | €9,607 | €2,541 | -€7,066 | -73.5% |
| Financial charges | 65/66B | €89 | €150 | +€61 | +68.5% |
| Recurring financial charges | 65 | €89 | €150 | +€61 | +68.5% |
| Profit (loss) for the period before taxes | 9903 | €9,518 | €2,391 | -€7,127 | -74.9% |
| Income taxes | 67/77 | €2,596 | €761 | -€1,835 | -70.7% |
| Profit (loss) for the period | 9904 | €6,922 | €1,630 | -€5,292 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,922 | €1,630 | -€5,292 | -76.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.