ALGESSO: 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.
ALGESSO
Largest movements
- Receivables within one year -€1,639
down €1,639 (-59.6%), from €2,748 to €1,109
- Cash -€669
down €669 (-4.3%), from €15,402 to €14,733
mainly Other debts (-€6,657) and Trade debts (-€4,616)
- Tangible fixed assets -€609
down €609 (-53.3%), from €1,142 to €533
- Profit (loss) carried forward +€8,471
up €8,471 (+34.2%), from -€24,776 to -€16,305
- Other debts -€6,657
down €6,657 (-82.3%), from €8,086 to €1,429
- Trade debts -€4,616
down €4,616 (-66.3%), from €6,962 to €2,346
- Tax, wage and social debts +€2,035
up €2,035 (+192.0%), from €1,060 to €3,095
- Current portion of long-term debt -€2,034
down €2,034 (-49.6%), from €4,104 to €2,070
- Gross operating margin +€7,203
up €7,203 (+98.3%), from €7,330 to €14,533
- Taxes +€2,526
up €2,526 (+443.2%), from €570 to €3,096
- Other operating charges -€375
down €375 (-22.4%), from €1,672 to €1,297
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 | €21,170 | €18,369 | -€2,801 | -13.2% |
| Fixed assets | 21/28 | €1,142 | €533 | -€609 | -53.3% |
| Tangible fixed assets | 22/27 | €1,142 | €533 | -€609 | -53.3% |
| Furniture and vehicles | 24 | €1,142 | €533 | -€609 | -53.3% |
| Current assets | 29/58 | €20,028 | €17,836 | -€2,192 | -10.9% |
| Amounts receivable within one year | 40/41 | €2,748 | €1,109 | -€1,639 | -59.6% |
| Other amounts receivable | 41 | €2,748 | €1,109 | -€1,639 | -59.6% |
| Cash at bank and in hand | 54/58 | €15,402 | €14,733 | -€669 | -4.3% |
| Deferred charges and accrued income | 490/1 | €1,878 | €1,994 | +€116 | +6.2% |
| Total equity and liabilities | 10/49 | €21,170 | €18,369 | -€2,801 | -13.2% |
| Equity | 10/15 | €958 | €9,429 | +€8,471 | +884.2% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €10,854 | €10,854 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €8,994 | €8,994 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,776 | -€16,305 | +€8,471 | +34.2% |
| Amounts payable | 17/49 | €20,212 | €8,940 | -€11,272 | -55.8% |
| Amounts payable within one year | 42/48 | €20,212 | €8,940 | -€11,272 | -55.8% |
| Current portion of amounts payable after more than one year | 42 | €4,104 | €2,070 | -€2,034 | -49.6% |
| Trade debts | 44 | €6,962 | €2,346 | -€4,616 | -66.3% |
| Suppliers | 440/4 | €6,962 | €2,346 | -€4,616 | -66.3% |
| Taxes, remuneration and social security | 45 | €1,060 | €3,095 | +€2,035 | +192.0% |
| Taxes | 450/3 | €1,060 | €3,095 | +€2,035 | +192.0% |
| Other amounts payable | 47/48 | €8,086 | €1,429 | -€6,657 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €609 | = | 0.0% |
| Other operating charges | 640/8 | €1,672 | €1,297 | -€375 | -22.4% |
| Gross operating margin | 9900 | €7,330 | €14,533 | +€7,203 | +98.3% |
| Operating profit (loss) | 9901 | €5,049 | €12,627 | +€7,578 | +150.1% |
| Financial charges | 65/66B | €245 | €227 | -€18 | -7.3% |
| Recurring financial charges | 65 | €245 | €227 | -€18 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €4,804 | €12,400 | +€7,596 | +158.1% |
| Income taxes | 67/77 | €570 | €3,096 | +€2,526 | +443.2% |
| Profit (loss) for the period | 9904 | €4,234 | €9,304 | +€5,070 | +119.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,234 | €9,304 | +€5,070 | +119.7% |
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 11 October 2026 via checked.be.