AL-FA Engineering: what changed
AL-FA Engineering
Largest movements
- Cash -€11,713
down €11,713 (-10.7%), from €109,324 to €97,611
mainly Contributions, distributions and other (-€47,951) and Tax, wage and social debts (-€11,738)
- Tangible fixed assets +€8,293
up €8,293 (+152%), from €5,459 to €13,752
of which Furniture and vehicles: +€6,425
- Receivables within one year +€3,506
up €3,506 (+24.9%), from €14,084 to €17,590
of which Trade receivables: +€3,506
- Tax, wage and social debts -€11,738
down €11,738 (-43.9%), from €26,739 to €15,001
of which Taxes: -€8,890
- Trade debts +€7,546
up €7,546 (+447%), from €1,690 to €9,236
- Other debts +€3,180
up €3,180 (+6.2%), from €51,306 to €54,486
- Gross operating margin -€17,706
down €17,706 (-24.8%), from €71,348 to €53,642
- Financial income +€12,430
up €12,430 (+1,995%), from €623 to €13,053
of which Non-recurring financial income: +€12,100
- Depreciation -€6,779
down €6,779 (-95.6%), from €7,090 to €310
- Write-downs +€5,639
new in 2025: €5,639
- Taxes -€4,465
down €4,465 (-26.5%), from €16,840 to €12,375
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,829 | €129,817 | -€1,012 | -0.8% |
| Fixed assets | 21/28 | €5,559 | €13,852 | +€8,293 | +149% |
| Tangible fixed assets | 22/27 | €5,459 | €13,752 | +€8,293 | +152% |
| Furniture and vehicles | 24 | €5,459 | €11,884 | +€6,425 | +118% |
| Other tangible fixed assets | 26 | - | €1,869 | +€1,869 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €125,270 | €115,965 | -€9,305 | -7.4% |
| Amounts receivable within one year | 40/41 | €14,084 | €17,590 | +€3,506 | +24.9% |
| Trade receivables | 40 | €14,084 | €17,590 | +€3,506 | +24.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €109,324 | €97,611 | -€11,713 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,862 | €764 | -€1,097 | -58.9% |
| Total equity and liabilities | 10/49 | €130,829 | €129,817 | -€1,012 | -0.8% |
| Equity | 10/15 | €51,095 | €51,095 | = | 0.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,095 | €36,095 | = | 0.0% |
| Amounts payable | 17/49 | €79,735 | €78,723 | -€1,012 | -1.3% |
| Amounts payable within one year | 42/48 | €79,735 | €78,723 | -€1,012 | -1.3% |
| Trade debts | 44 | €1,690 | €9,236 | +€7,546 | +447% |
| Suppliers | 440/4 | €1,690 | €9,236 | +€7,546 | +447% |
| Taxes, remuneration and social security | 45 | €26,739 | €15,001 | -€11,738 | -43.9% |
| Taxes | 450/3 | €23,891 | €15,001 | -€8,890 | -37.2% |
| Remuneration and social security | 454/9 | €2,848 | - | -€2,848 | |
| Other amounts payable | 47/48 | €51,306 | €54,486 | +€3,180 | +6.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,090 | €310 | -€6,779 | -95.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,639 | +€5,639 | |
| Other operating charges | 640/8 | €710 | €335 | -€375 | -52.8% |
| Gross operating margin | 9900 | €71,348 | €53,642 | -€17,706 | -24.8% |
| Operating profit (loss) | 9901 | €63,548 | €47,357 | -€16,191 | -25.5% |
| Financial income | 75/76B | €623 | €13,053 | +€12,430 | +1,995% |
| Recurring financial income | 75 | €623 | €953 | +€330 | +52.9% |
| Non-recurring financial income | 76B | - | €12,100 | +€12,100 | |
| Financial charges | 65/66B | €84 | €84 | -€0 | 0.0% |
| Recurring financial charges | 65 | €84 | €84 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €64,087 | €60,326 | -€3,761 | -5.9% |
| Income taxes | 67/77 | €16,840 | €12,375 | -€4,465 | -26.5% |
| Profit (loss) for the period | 9904 | €47,247 | €47,951 | +€704 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,247 | €47,951 | +€704 | +1.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.