ALGAMA INDUSTRY: 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.
ALGAMA INDUSTRY
Largest movements
- Cash -€84,322
down €84,322 (-79.1%), from €106,629 to €22,307
mainly Net result for the year (-€179,789) and Trade debts (-€40,615)
- Receivables within one year -€61,758
down €61,758 (-99.0%), from €62,351 to €593
of which Trade receivables: -€57,584
- Intangible fixed assets +€12,562
up €12,562 (+13.6%), from €92,586 to €105,148
- Profit (loss) carried forward -€179,789
down €179,789 (-30.3%), from -€592,558 to -€772,347
- Other debts +€86,356
up €86,356 (+11.3%), from €765,000 to €851,356
- Trade debts -€40,615
down €40,615 (-90.5%), from €44,875 to €4,259
- Gross operating margin +€67,842
up €67,842 (+31.4%), from -€215,748 to -€147,906
- Staff costs -€58,103
down €58,103 (-99.0%), from €58,670 to €567
- Depreciation +€4,147
up €4,147 (+47.1%), from €8,804 to €12,951
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 | €267,421 | €133,269 | -€134,151 | -50.2% |
| Fixed assets | 21/28 | €98,440 | €110,369 | +€11,929 | +12.1% |
| Intangible fixed assets | 21 | €92,586 | €105,148 | +€12,562 | +13.6% |
| Tangible fixed assets | 22/27 | €5,326 | €4,693 | -€633 | -11.9% |
| Land and buildings | 22 | €5,326 | €4,693 | -€633 | -11.9% |
| Financial fixed assets | 28 | €528 | €528 | = | 0.0% |
| Current assets | 29/58 | €168,980 | €22,900 | -€146,080 | -86.4% |
| Amounts receivable within one year | 40/41 | €62,351 | €593 | -€61,758 | -99.0% |
| Trade receivables | 40 | €57,620 | €36 | -€57,584 | -99.9% |
| Other amounts receivable | 41 | €4,731 | €557 | -€4,174 | -88.2% |
| Cash at bank and in hand | 54/58 | €106,629 | €22,307 | -€84,322 | -79.1% |
| Total equity and liabilities | 10/49 | €267,421 | €133,269 | -€134,151 | -50.2% |
| Equity | 10/15 | -€542,558 | -€722,347 | -€179,789 | -33.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€592,558 | -€772,347 | -€179,789 | -30.3% |
| Amounts payable | 17/49 | €809,978 | €855,616 | +€45,637 | +5.6% |
| Amounts payable within one year | 42/48 | €809,978 | €855,616 | +€45,637 | +5.6% |
| Trade debts | 44 | €44,875 | €4,259 | -€40,615 | -90.5% |
| Suppliers | 440/4 | €44,875 | €4,259 | -€40,615 | -90.5% |
| Taxes, remuneration and social security | 45 | €104 | - | -€104 | |
| Taxes | 450/3 | €104 | - | -€104 | |
| Other amounts payable | 47/48 | €765,000 | €851,356 | +€86,356 | +11.3% |
| Remuneration, social security and pensions | 62 | €58,670 | €567 | -€58,103 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,804 | €12,951 | +€4,147 | +47.1% |
| Other operating charges | 640/8 | €17,435 | €18,256 | +€821 | +4.7% |
| Gross operating margin | 9900 | -€215,748 | -€147,906 | +€67,842 | +31.4% |
| Operating profit (loss) | 9901 | -€300,657 | -€179,681 | +€120,977 | +40.2% |
| Financial income | 75/76B | €0 | €1 | +€1 | +9400.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +9400.0% |
| Financial charges | 65/66B | €892 | €109 | -€783 | -87.8% |
| Recurring financial charges | 65 | €892 | €109 | -€783 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | -€301,549 | -€179,789 | +€121,761 | +40.4% |
| Income taxes | 67/77 | €104 | €0 | -€104 | -100.0% |
| Profit (loss) for the period | 9904 | -€301,653 | -€179,789 | +€121,864 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€301,653 | -€179,789 | +€121,864 | +40.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.