ALGA MARIS: 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 MARIS
Largest movements
- Receivables within one year +€3,663
up €3,663 (+1.5%), from €240,987 to €244,649
of which Other amounts receivable: +€3,762
- Debts after one year -€6,529
down €6,529 (-100%), from €6,529 to €0
- Profit (loss) carried forward +€6,017
up €6,017 (+55.0%), from -€10,932 to -€4,915
- Gross operating margin +€13,275
up €13,275, from -€4,835 to €8,439
- Depreciation +€688
up €688 (+130%), from €528 to €1,216
- Taxes +€655
new in 2025: €655
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 | €249,657 | €249,802 | +€145 | +0.1% |
| Fixed assets | 21/28 | €3,119 | €1,904 | -€1,216 | -39.0% |
| Tangible fixed assets | 22/27 | €3,119 | €1,904 | -€1,216 | -39.0% |
| Furniture and vehicles | 24 | €3,119 | €1,904 | -€1,216 | -39.0% |
| Current assets | 29/58 | €246,537 | €247,898 | +€1,361 | +0.6% |
| Amounts receivable within one year | 40/41 | €240,987 | €244,649 | +€3,663 | +1.5% |
| Trade receivables | 40 | €240,744 | €240,645 | -€99 | 0.0% |
| Other amounts receivable | 41 | €242 | €4,004 | +€3,762 | +1,553% |
| Cash at bank and in hand | 54/58 | €5,551 | €3,249 | -€2,302 | -41.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €249,657 | €249,802 | +€145 | +0.1% |
| Equity | 10/15 | €243,068 | €249,085 | +€6,017 | +2.5% |
| Contributions | 10/11 | €254,000 | €254,000 | = | 0.0% |
| Capital | 10 | €254,000 | €254,000 | = | 0.0% |
| Issued capital | 100 | €254,000 | €254,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,932 | -€4,915 | +€6,017 | +55.0% |
| Amounts payable | 17/49 | €6,589 | €717 | -€5,872 | -89.1% |
| Amounts payable after more than one year | 17 | €6,529 | €0 | -€6,529 | -100% |
| Other amounts payable | 178/9 | €6,529 | €0 | -€6,529 | -100% |
| Amounts payable within one year | 42/48 | €60 | €717 | +€657 | +1,095% |
| Trade debts | 44 | €60 | €63 | +€3 | +4.2% |
| Suppliers | 440/4 | €60 | €63 | +€3 | +4.2% |
| Taxes, remuneration and social security | 45 | - | €655 | +€655 | |
| Taxes | 450/3 | - | €655 | +€655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €1,216 | +€688 | +130% |
| Other operating charges | 640/8 | €447 | €462 | +€15 | +3.3% |
| Gross operating margin | 9900 | -€4,835 | €8,439 | +€13,275 | |
| Operating profit (loss) | 9901 | -€5,811 | €6,761 | +€12,572 | |
| Financial charges | 65/66B | €46 | €90 | +€44 | +94.0% |
| Recurring financial charges | 65 | €46 | €90 | +€44 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,857 | €6,671 | +€12,529 | |
| Income taxes | 67/77 | - | €655 | +€655 | |
| Profit (loss) for the period | 9904 | -€5,857 | €6,017 | +€11,874 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,857 | €6,017 | +€11,874 |
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 31 October 2026 via checked.be.