Algebra IT Solutions: 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.
Algebra IT Solutions
Largest movements
- Cash -€62,102
down €62,102 (-85.2%), from €72,913 to €10,811
mainly Net result for the year (-€38,264) and Tax, wage and social debts (-€22,108)
- Receivables within one year -€2,799
down €2,799 (-70.6%), from €3,962 to €1,163
of which Trade receivables: -€3,706
- Profit (loss) carried forward -€38,264
down €38,264, from €25,829 to -€12,435
- Tax, wage and social debts -€22,108
down €22,108 (-100.0%), from €22,108 to €0
of which Taxes: -€19,425
- Trade debts -€5,739
down €5,739 (-100.0%), from €5,739 to €0
- Other debts +€1,103
up €1,103 (+35.0%), from €3,152 to €4,256
- Gross operating margin -€25,455
down €25,455 (-206.2%), from -€12,345 to -€37,800
- Other operating charges -€384
down €384 (-100.0%), from €384 to €0
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 | €77,288 | €12,280 | -€65,008 | -84.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €77,288 | €12,280 | -€65,008 | -84.1% |
| Amounts receivable within one year | 40/41 | €3,962 | €1,163 | -€2,799 | -70.6% |
| Trade receivables | 40 | €3,706 | €0 | -€3,706 | -100.0% |
| Other amounts receivable | 41 | €255 | €1,163 | +€908 | +355.6% |
| Cash at bank and in hand | 54/58 | €72,913 | €10,811 | -€62,102 | -85.2% |
| Deferred charges and accrued income | 490/1 | €413 | €306 | -€107 | -25.9% |
| Total equity and liabilities | 10/49 | €77,288 | €12,280 | -€65,008 | -84.1% |
| Equity | 10/15 | €46,289 | €8,025 | -€38,264 | -82.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,829 | -€12,435 | -€38,264 | |
| Amounts payable | 17/49 | €31,000 | €4,256 | -€26,744 | -86.3% |
| Amounts payable within one year | 42/48 | €31,000 | €4,256 | -€26,744 | -86.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,739 | €0 | -€5,739 | -100.0% |
| Suppliers | 440/4 | €5,739 | €0 | -€5,739 | -100.0% |
| Taxes, remuneration and social security | 45 | €22,108 | €0 | -€22,108 | -100.0% |
| Taxes | 450/3 | €19,425 | €0 | -€19,425 | -100.0% |
| Remuneration and social security | 454/9 | €2,683 | €0 | -€2,683 | -100.0% |
| Other amounts payable | 47/48 | €3,152 | €4,256 | +€1,103 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €0 | -€279 | -100.0% |
| Other operating charges | 640/8 | €384 | €0 | -€384 | -100.0% |
| Non-recurring operating charges | 66A | - | €270 | +€270 | |
| Gross operating margin | 9900 | -€12,345 | -€37,800 | -€25,455 | -206.2% |
| Operating profit (loss) | 9901 | -€13,009 | -€38,070 | -€25,061 | -192.6% |
| Financial charges | 65/66B | €167 | €194 | +€28 | +16.6% |
| Recurring financial charges | 65 | €167 | €194 | +€28 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,176 | -€38,264 | -€25,088 | -190.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€13,176 | -€38,264 | -€25,088 | -190.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,176 | -€38,264 | -€25,088 | -190.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.