ALIFRAN: 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.
ALIFRAN
Largest movements
- Cash +€22,064
up €22,064 (+53.2%), from €41,490 to €63,555
mainly Receivables within one year (+€18,792) and Net result for the year (+€16,176)
- Receivables within one year -€18,792
down €18,792 (-49.8%), from €37,749 to €18,958
of which Trade receivables: -€13,535
- Tangible fixed assets -€5,384
down €5,384 (-39.9%), from €13,509 to €8,126
of which Plant, machinery and equipment: -€2,698
- Deferred charges and accrued income +€1,360
new in 2025: €1,360
- Debts after one year -€19,307
down €19,307 (-38.7%), from €49,916 to €30,609
of which Financial debts: -€19,307
- Profit (loss) carried forward +€16,176
up €16,176 (+23.7%), from -€68,343 to -€52,167
- Tax, wage and social debts +€2,798
up €2,798 (+4,072%), from €69 to €2,867
- Gross operating margin +€24,538
up €24,538, from -€697 to €23,841
- Depreciation -€3,615
down €3,615 (-40.2%), from €8,999 to €5,384
- Financial charges +€692
up €692 (+491%), from €141 to €833
- Other operating charges -€385
down €385 (-35.6%), from €1,082 to €696
- Taxes +€384
up €384 (+104%), from €368 to €752
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 | €94,441 | €93,178 | -€1,263 | -1.3% |
| Fixed assets | 21/28 | €15,201 | €9,306 | -€5,896 | -38.8% |
| Tangible fixed assets | 22/27 | €13,509 | €8,126 | -€5,384 | -39.9% |
| Plant, machinery and equipment | 23 | €10,824 | €8,126 | -€2,698 | -24.9% |
| Furniture and vehicles | 24 | €2,686 | - | -€2,686 | |
| Financial fixed assets | 28 | €1,692 | €1,180 | -€512 | -30.3% |
| Current assets | 29/58 | €79,240 | €83,873 | +€4,633 | +5.8% |
| Amounts receivable within one year | 40/41 | €37,749 | €18,958 | -€18,792 | -49.8% |
| Trade receivables | 40 | €31,714 | €18,179 | -€13,535 | -42.7% |
| Other amounts receivable | 41 | €6,036 | €778 | -€5,257 | -87.1% |
| Cash at bank and in hand | 54/58 | €41,490 | €63,555 | +€22,064 | +53.2% |
| Deferred charges and accrued income | 490/1 | - | €1,360 | +€1,360 | |
| Total equity and liabilities | 10/49 | €94,441 | €93,178 | -€1,263 | -1.3% |
| Equity | 10/15 | €42,539 | €58,715 | +€16,176 | +38.0% |
| Contributions | 10/11 | €104,160 | €104,160 | = | 0.0% |
| Capital | 10 | €104,160 | €104,160 | = | 0.0% |
| Issued capital | 100 | €104,160 | €104,160 | = | 0.0% |
| Reserves | 13 | €6,722 | €6,722 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,701 | €6,701 | = | 0.0% |
| Legal reserve | 130 | €6,701 | €6,701 | = | 0.0% |
| Tax-exempt reserves | 132 | €5 | €5 | = | 0.0% |
| Distributable reserves | 133 | €17 | €17 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,343 | -€52,167 | +€16,176 | +23.7% |
| Amounts payable | 17/49 | €51,902 | €34,463 | -€17,439 | -33.6% |
| Amounts payable after more than one year | 17 | €49,916 | €30,609 | -€19,307 | -38.7% |
| Financial debts | 170/4 | €47,387 | €28,080 | -€19,307 | -40.7% |
| Other amounts payable | 178/9 | €2,529 | €2,529 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,595 | €3,463 | +€1,868 | +117% |
| Trade debts | 44 | €1,527 | €596 | -€930 | -60.9% |
| Suppliers | 440/4 | €1,527 | €596 | -€930 | -60.9% |
| Taxes, remuneration and social security | 45 | €69 | €2,867 | +€2,798 | +4,072% |
| Taxes | 450/3 | €69 | €2,867 | +€2,798 | +4,072% |
| Accrued charges and deferred income | 492/3 | €392 | €392 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,999 | €5,384 | -€3,615 | -40.2% |
| Other operating charges | 640/8 | €1,082 | €696 | -€385 | -35.6% |
| Gross operating margin | 9900 | -€697 | €23,841 | +€24,538 | |
| Operating profit (loss) | 9901 | -€10,778 | €17,761 | +€28,538 | |
| Financial charges | 65/66B | €141 | €833 | +€692 | +491% |
| Recurring financial charges | 65 | €141 | €833 | +€692 | +491% |
| Profit (loss) for the period before taxes | 9903 | -€10,918 | €16,928 | +€27,846 | |
| Income taxes | 67/77 | €368 | €752 | +€384 | +104% |
| Profit (loss) for the period | 9904 | -€11,286 | €16,176 | +€27,462 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,286 | €16,176 | +€27,462 |
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 17 October 2026 via checked.be.