ALGENIO: 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.
ALGENIO
Largest movements
- Cash +€190,818
up €190,818 (+165.0%), from €115,656 to €306,474
mainly Net result for the year (+€164,313) and Current investments (+€122,000)
- Current investments -€122,000
no longer reported in 2025 (was €122,000)
- Receivables within one year -€29,176
down €29,176 (-36.3%), from €80,327 to €51,152
of which Other amounts receivable: -€27,170
- Tangible fixed assets -€12,619
down €12,619 (-80.6%), from €15,653 to €3,034
- Deferred charges and accrued income +€5,206
up €5,206 (+146.5%), from €3,553 to €8,758
- Other debts +€45,966
new in 2025: €45,966
- Reserves -€14,594
down €14,594 (-5.1%), from €285,810 to €271,215
- Gross operating margin +€46,437
up €46,437 (+22.3%), from €208,642 to €255,079
- Financial income +€3,497
up €3,497 (+83.2%), from €4,202 to €7,699
- Financial charges -€3,387
down €3,387 (-9.8%), from €34,587 to €31,200
- Depreciation +€3,034
up €3,034 (+31.7%), from €9,585 to €12,619
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 | €337,189 | €369,418 | +€32,229 | +9.6% |
| Fixed assets | 21/28 | €15,653 | €3,034 | -€12,619 | -80.6% |
| Tangible fixed assets | 22/27 | €15,653 | €3,034 | -€12,619 | -80.6% |
| Furniture and vehicles | 24 | €15,653 | €3,034 | -€12,619 | -80.6% |
| Current assets | 29/58 | €321,536 | €366,384 | +€44,848 | +13.9% |
| Amounts receivable within one year | 40/41 | €80,327 | €51,152 | -€29,176 | -36.3% |
| Trade receivables | 40 | €36,043 | €34,038 | -€2,005 | -5.6% |
| Other amounts receivable | 41 | €44,284 | €17,114 | -€27,170 | -61.4% |
| Current investments | 50/53 | €122,000 | - | -€122,000 | |
| Cash at bank and in hand | 54/58 | €115,656 | €306,474 | +€190,818 | +165.0% |
| Deferred charges and accrued income | 490/1 | €3,553 | €8,758 | +€5,206 | +146.5% |
| Total equity and liabilities | 10/49 | €337,189 | €369,418 | +€32,229 | +9.6% |
| Equity | 10/15 | €295,810 | €281,215 | -€14,594 | -4.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €285,810 | €271,215 | -€14,594 | -5.1% |
| Distributable reserves | 133 | €285,810 | €271,215 | -€14,594 | -5.1% |
| Provisions and deferred taxes | 16 | €28,846 | €29,734 | +€887 | +3.1% |
| Provisions for liabilities and charges | 160/5 | €28,846 | €29,734 | +€887 | +3.1% |
| Other liabilities and charges | 164/5 | €28,846 | €29,734 | +€887 | +3.1% |
| Amounts payable | 17/49 | €12,532 | €58,469 | +€45,936 | +366.5% |
| Amounts payable within one year | 42/48 | €12,532 | €58,469 | +€45,936 | +366.5% |
| Trade debts | 44 | €127 | €529 | +€402 | +317.2% |
| Suppliers | 440/4 | €127 | €529 | +€402 | +317.2% |
| Taxes, remuneration and social security | 45 | €12,406 | €11,974 | -€432 | -3.5% |
| Taxes | 450/3 | €12,406 | €11,974 | -€432 | -3.5% |
| Other amounts payable | 47/48 | - | €45,966 | +€45,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,585 | €12,619 | +€3,034 | +31.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€569 | €887 | +€1,456 | |
| Other operating charges | 640/8 | €221 | €563 | +€342 | +154.7% |
| Gross operating margin | 9900 | €208,642 | €255,079 | +€46,437 | +22.3% |
| Operating profit (loss) | 9901 | €199,405 | €241,010 | +€41,605 | +20.9% |
| Financial income | 75/76B | €4,202 | €7,699 | +€3,497 | +83.2% |
| Recurring financial income | 75 | €4,202 | €7,699 | +€3,497 | +83.2% |
| Financial charges | 65/66B | €34,587 | €31,200 | -€3,387 | -9.8% |
| Recurring financial charges | 65 | €34,587 | €31,200 | -€3,387 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €169,020 | €217,509 | +€48,489 | +28.7% |
| Income taxes | 67/77 | €52,109 | €53,196 | +€1,087 | +2.1% |
| Profit (loss) for the period | 9904 | €116,911 | €164,313 | +€47,402 | +40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €116,911 | €164,313 | +€47,402 | +40.5% |
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.