ALGA Engineering: 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.
ALGA Engineering
Largest movements
- Tangible fixed assets -€4,762
down €4,762 (-24.6%), from €19,350 to €14,587
- Cash +€339
up €339 (+57.4%), from €590 to €929
mainly Depreciation (+€4,762) and Tax, wage and social debts (+€960)
- Other debts -€3,460
down €3,460 (-73.9%), from €4,683 to €1,223
- Profit (loss) carried forward -€1,697
down €1,697 (-4.1%), from -€41,039 to -€42,735
- Tax, wage and social debts +€960
up €960 (+611%), from €157 to €1,117
- Trade debts -€411
down €411 (-100%), from €411 to €0
- Financial income -€2,321
down €2,321 (-100%), from €2,321 to €0
- Gross operating margin -€856
down €856 (-18.1%), from €4,730 to €3,874
- Depreciation +€300
up €300 (+6.7%), from €4,462 to €4,762
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 | €20,165 | €15,557 | -€4,608 | -22.9% |
| Fixed assets | 21/28 | €19,350 | €14,587 | -€4,762 | -24.6% |
| Tangible fixed assets | 22/27 | €19,350 | €14,587 | -€4,762 | -24.6% |
| Furniture and vehicles | 24 | €19,350 | €14,587 | -€4,762 | -24.6% |
| Current assets | 29/58 | €815 | €969 | +€154 | +18.9% |
| Amounts receivable within one year | 40/41 | €193 | €8 | -€185 | -95.7% |
| Trade receivables | 40 | €0 | €8 | +€8 | |
| Other amounts receivable | 41 | €193 | €0 | -€193 | -100% |
| Cash at bank and in hand | 54/58 | €590 | €929 | +€339 | +57.4% |
| Deferred charges and accrued income | 490/1 | €32 | €32 | -€0 | -0.2% |
| Total equity and liabilities | 10/49 | €20,165 | €15,557 | -€4,608 | -22.9% |
| Equity | 10/15 | €14,913 | €13,217 | -€1,697 | -11.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €37,402 | €37,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €37,402 | €37,402 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,039 | -€42,735 | -€1,697 | -4.1% |
| Amounts payable | 17/49 | €5,252 | €2,340 | -€2,912 | -55.4% |
| Amounts payable within one year | 42/48 | €5,252 | €2,340 | -€2,912 | -55.4% |
| Trade debts | 44 | €411 | €0 | -€411 | -100% |
| Suppliers | 440/4 | €411 | €0 | -€411 | -100% |
| Taxes, remuneration and social security | 45 | €157 | €1,117 | +€960 | +611% |
| Taxes | 450/3 | €157 | €1,117 | +€960 | +611% |
| Other amounts payable | 47/48 | €4,683 | €1,223 | -€3,460 | -73.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,462 | €4,762 | +€300 | +6.7% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €4,730 | €3,874 | -€856 | -18.1% |
| Operating profit (loss) | 9901 | -€261 | -€1,432 | -€1,172 | -450% |
| Financial income | 75/76B | €2,321 | €0 | -€2,321 | -100% |
| Recurring financial income | 75 | €2,321 | €0 | -€2,321 | -100% |
| Financial charges | 65/66B | €60 | €72 | +€12 | +20.0% |
| Recurring financial charges | 65 | €60 | €72 | +€12 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €2,000 | -€1,505 | -€3,505 | |
| Income taxes | 67/77 | €149 | €192 | +€43 | +28.8% |
| Profit (loss) for the period | 9904 | €1,851 | -€1,697 | -€3,548 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,851 | -€1,697 | -€3,548 |
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 14 October 2026 via checked.be.