ALGERNON: 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.
ALGERNON
Largest movements
- Tangible fixed assets -€12,067
down €12,067 (-5.5%), from €217,799 to €205,732
of which Land and buildings: -€11,194
- Receivables after one year -€5,929
down €5,929 (-3.1%), from €193,358 to €187,429
- Other debts -€19,689
down €19,689 (-5.5%), from €358,257 to €338,568
- Profit (loss) carried forward -€7,031
down €7,031 (-5.8%), from -€121,402 to -€128,434
- Gross operating margin +€1,362
up €1,362 (+22.8%), from €5,974 to €7,336
- Depreciation -€481
down €481 (-3.8%), from €12,548 to €12,067
- Other operating charges +€126
up €126 (+3.4%), from €3,755 to €3,881
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 | €511,916 | €487,274 | -€24,643 | -4.8% |
| Fixed assets | 21/28 | €239,299 | €227,232 | -€12,067 | -5.0% |
| Tangible fixed assets | 22/27 | €217,799 | €205,732 | -€12,067 | -5.5% |
| Land and buildings | 22 | €201,598 | €190,404 | -€11,194 | -5.6% |
| Furniture and vehicles | 24 | €931 | €58 | -€873 | -93.8% |
| Other tangible fixed assets | 26 | €15,270 | €15,270 | = | 0.0% |
| Financial fixed assets | 28 | €21,500 | €21,500 | = | 0.0% |
| Current assets | 29/58 | €272,617 | €260,042 | -€12,575 | -4.6% |
| Amounts receivable after more than one year | 29 | €193,358 | €187,429 | -€5,929 | -3.1% |
| Other amounts receivable | 291 | €193,358 | €187,429 | -€5,929 | -3.1% |
| Amounts receivable within one year | 40/41 | €54,181 | €50,713 | -€3,469 | -6.4% |
| Trade receivables | 40 | €11,250 | €8,750 | -€2,500 | -22.2% |
| Other amounts receivable | 41 | €42,931 | €41,963 | -€969 | -2.3% |
| Cash at bank and in hand | 54/58 | €9,013 | €6,003 | -€3,010 | -33.4% |
| Deferred charges and accrued income | 490/1 | €16,065 | €15,898 | -€167 | -1.0% |
| Total equity and liabilities | 10/49 | €511,916 | €487,274 | -€24,643 | -4.8% |
| Equity | 10/15 | €152,966 | €145,934 | -€7,031 | -4.6% |
| Contributions | 10/11 | €274,368 | €274,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,402 | -€128,434 | -€7,031 | -5.8% |
| Amounts payable | 17/49 | €358,951 | €341,339 | -€17,611 | -4.9% |
| Amounts payable within one year | 42/48 | €358,866 | €341,259 | -€17,607 | -4.9% |
| Trade debts | 44 | €609 | €2,691 | +€2,082 | +341.9% |
| Suppliers | 440/4 | €609 | €2,691 | +€2,082 | +341.9% |
| Other amounts payable | 47/48 | €358,257 | €338,568 | -€19,689 | -5.5% |
| Accrued charges and deferred income | 492/3 | €84 | €80 | -€4 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,548 | €12,067 | -€481 | -3.8% |
| Other operating charges | 640/8 | €3,755 | €3,881 | +€126 | +3.4% |
| Gross operating margin | 9900 | €5,974 | €7,336 | +€1,362 | +22.8% |
| Operating profit (loss) | 9901 | -€10,329 | -€8,612 | +€1,717 | +16.6% |
| Financial income | 75/76B | €2,012 | €1,947 | -€65 | -3.2% |
| Recurring financial income | 75 | €2,012 | €1,947 | -€65 | -3.2% |
| Financial charges | 65/66B | €364 | €366 | +€2 | +0.7% |
| Recurring financial charges | 65 | €364 | €366 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,681 | -€7,031 | +€1,649 | +19.0% |
| Profit (loss) for the period | 9904 | -€8,681 | -€7,031 | +€1,649 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,681 | -€7,031 | +€1,649 | +19.0% |
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 3 October 2026 via checked.be.