ALGARADE: 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.
ALGARADE
Largest movements
- Receivables within one year +€18,553
up €18,553 (+926%), from €2,004 to €20,557
of which Other amounts receivable: +€20,288
- Cash -€9,774
down €9,774 (-40.4%), from €24,205 to €14,431
mainly Receivables within one year (-€18,553) and Other debts (-€8,867)
- Profit (loss) carried forward +€15,123
new in 2025: €15,123
- Other debts -€8,867
down €8,867 (-83.8%), from €10,581 to €1,714
- Tax, wage and social debts +€4,166
up €4,166 (+47.8%), from €8,718 to €12,885
- Trade debts -€1,631
down €1,631 (-71.8%), from €2,271 to €640
- Gross operating margin +€11,991
up €11,991 (+75.9%), from €15,802 to €27,793
- Taxes +€2,208
up €2,208 (+53.9%), from €4,096 to €6,303
- Staff costs +€429
new in 2025: €429
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 | €26,209 | €35,001 | +€8,792 | +33.5% |
| Current assets | 29/58 | €26,209 | €35,001 | +€8,792 | +33.5% |
| Amounts receivable within one year | 40/41 | €2,004 | €20,557 | +€18,553 | +926% |
| Trade receivables | 40 | €2,004 | €269 | -€1,735 | -86.6% |
| Other amounts receivable | 41 | - | €20,288 | +€20,288 | |
| Cash at bank and in hand | 54/58 | €24,205 | €14,431 | -€9,774 | -40.4% |
| Deferred charges and accrued income | 490/1 | - | €13 | +€13 | |
| Total equity and liabilities | 10/49 | €26,209 | €35,001 | +€8,792 | +33.5% |
| Equity | 10/15 | €4,639 | €19,762 | +€15,123 | +326% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,639 | €1,639 | = | 0.0% |
| Distributable reserves | 133 | €1,639 | €1,639 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,123 | +€15,123 | |
| Amounts payable | 17/49 | €21,570 | €15,239 | -€6,331 | -29.4% |
| Amounts payable within one year | 42/48 | €21,570 | €15,239 | -€6,331 | -29.4% |
| Trade debts | 44 | €2,271 | €640 | -€1,631 | -71.8% |
| Suppliers | 440/4 | €2,271 | €640 | -€1,631 | -71.8% |
| Taxes, remuneration and social security | 45 | €8,718 | €12,885 | +€4,166 | +47.8% |
| Taxes | 450/3 | €8,718 | €12,885 | +€4,166 | +47.8% |
| Other amounts payable | 47/48 | €10,581 | €1,714 | -€8,867 | -83.8% |
| Remuneration, social security and pensions | 62 | - | €429 | +€429 | |
| Gross operating margin | 9900 | €15,802 | €27,793 | +€11,991 | +75.9% |
| Operating profit (loss) | 9901 | €15,802 | €27,364 | +€11,562 | +73.2% |
| Financial charges | 65/66B | €67 | €223 | +€156 | +234% |
| Recurring financial charges | 65 | €67 | €223 | +€156 | +234% |
| Profit (loss) for the period before taxes | 9903 | €15,735 | €27,140 | +€11,406 | +72.5% |
| Income taxes | 67/77 | €4,096 | €6,303 | +€2,208 | +53.9% |
| Profit (loss) for the period | 9904 | €11,639 | €20,837 | +€9,198 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,639 | €20,837 | +€9,198 | +79.0% |
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 18 October 2026 via checked.be.