Algemene Werken: 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.
Algemene Werken
Largest movements
- Cash +€79,227
up €79,227 (+256.7%), from €30,867 to €110,094
mainly Other debts (+€124,028) and Net result for the year (+€68,832)
- Receivables within one year -€16,395
down €16,395 (-42.2%), from €38,843 to €22,447
of which Other amounts receivable: -€18,815
- Tangible fixed assets -€2,498
down €2,498 (-34.7%), from €7,193 to €4,695
- Other debts +€124,028
up €124,028, from €0 to €124,028
- Profit (loss) carried forward -€53,698
down €53,698 (-100.0%), from €53,698 to €0
- Tax, wage and social debts -€9,430
down €9,430 (-51.1%), from €18,457 to €9,028
of which Taxes: -€9,442
- Gross operating margin +€32,152
up €32,152 (+51.0%), from €63,032 to €95,185
- Taxes +€10,770
up €10,770 (+82.8%), from €13,013 to €23,783
- Depreciation +€2,197
up €2,197 (+729.5%), from €301 to €2,498
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 | €78,364 | €138,800 | +€60,436 | +77.1% |
| Fixed assets | 21/28 | €7,193 | €4,695 | -€2,498 | -34.7% |
| Tangible fixed assets | 22/27 | €7,193 | €4,695 | -€2,498 | -34.7% |
| Furniture and vehicles | 24 | €7,193 | €4,695 | -€2,498 | -34.7% |
| Current assets | 29/58 | €71,171 | €134,105 | +€62,934 | +88.4% |
| Amounts receivable within one year | 40/41 | €38,843 | €22,447 | -€16,395 | -42.2% |
| Trade receivables | 40 | €12,100 | €14,520 | +€2,420 | +20.0% |
| Other amounts receivable | 41 | €26,743 | €7,927 | -€18,815 | -70.4% |
| Cash at bank and in hand | 54/58 | €30,867 | €110,094 | +€79,227 | +256.7% |
| Deferred charges and accrued income | 490/1 | €1,462 | €1,564 | +€102 | +7.0% |
| Total equity and liabilities | 10/49 | €78,364 | €138,800 | +€60,436 | +77.1% |
| Equity | 10/15 | €54,698 | €1,000 | -€53,698 | -98.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,698 | €0 | -€53,698 | -100.0% |
| Amounts payable | 17/49 | €23,666 | €137,800 | +€114,134 | +482.3% |
| Amounts payable within one year | 42/48 | €23,666 | €137,800 | +€114,134 | +482.3% |
| Financial debts | 43 | €1,112 | €1,096 | -€16 | -1.4% |
| Other loans | 439 | €1,112 | €1,096 | -€16 | -1.4% |
| Trade debts | 44 | €4,097 | €3,648 | -€449 | -10.9% |
| Suppliers | 440/4 | €4,097 | €3,648 | -€449 | -10.9% |
| Taxes, remuneration and social security | 45 | €18,457 | €9,028 | -€9,430 | -51.1% |
| Taxes | 450/3 | €16,884 | €7,442 | -€9,442 | -55.9% |
| Remuneration and social security | 454/9 | €1,573 | €1,586 | +€13 | +0.8% |
| Other amounts payable | 47/48 | €0 | €124,028 | +€124,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €2,498 | +€2,197 | +729.5% |
| Other operating charges | 640/8 | €777 | €323 | -€454 | -58.4% |
| Gross operating margin | 9900 | €63,032 | €95,185 | +€32,152 | +51.0% |
| Operating profit (loss) | 9901 | €61,954 | €92,364 | +€30,409 | +49.1% |
| Financial income | 75/76B | €607 | €311 | -€297 | -48.8% |
| Recurring financial income | 75 | €607 | €311 | -€297 | -48.8% |
| Financial charges | 65/66B | €162 | €59 | -€103 | -63.6% |
| Recurring financial charges | 65 | €162 | €59 | -€103 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €62,400 | €92,615 | +€30,216 | +48.4% |
| Income taxes | 67/77 | €13,013 | €23,783 | +€10,770 | +82.8% |
| Profit (loss) for the period | 9904 | €49,386 | €68,832 | +€19,446 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,386 | €68,832 | +€19,446 | +39.4% |
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 4 October 2026 via checked.be.