Algico: 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.
Algico
Largest movements
- Current investments +€89,814
new in 2025: €89,814
- Cash -€78,454
down €78,454 (-23.0%), from €340,581 to €262,127
mainly Contributions, distributions and other (-€185,000) and Current investments (-€89,814)
- Other debts +€191,231
up €191,231 (+2808.1%), from €6,810 to €198,041
- Reserves -€91,405
down €91,405 (-10.1%), from €905,146 to €813,741
- Tax, wage and social debts -€54,070
down €54,070 (-76.4%), from €70,779 to €16,709
- Debts after one year -€43,253
down €43,253 (-39.8%), from €108,637 to €65,383
- Gross operating margin -€205,980
down €205,980 (-61.1%), from €337,164 to €131,185
- Taxes -€51,731
down €51,731 (-62.0%), from €83,498 to €31,766
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 | €1,155,145 | €1,158,340 | +€3,196 | +0.3% |
| Fixed assets | 21/28 | €772,325 | €770,817 | -€1,508 | -0.2% |
| Tangible fixed assets | 22/27 | €4,875 | €3,367 | -€1,508 | -30.9% |
| Furniture and vehicles | 24 | €2,661 | €2,048 | -€613 | -23.0% |
| Other tangible fixed assets | 26 | €2,214 | €1,319 | -€895 | -40.4% |
| Financial fixed assets | 28 | €767,450 | €767,450 | = | 0.0% |
| Current assets | 29/58 | €382,819 | €387,523 | +€4,704 | +1.2% |
| Amounts receivable within one year | 40/41 | €35,702 | €27,434 | -€8,269 | -23.2% |
| Trade receivables | 40 | €24,200 | €24,200 | = | 0.0% |
| Other amounts receivable | 41 | €11,502 | €3,234 | -€8,269 | -71.9% |
| Current investments | 50/53 | - | €89,814 | +€89,814 | |
| Cash at bank and in hand | 54/58 | €340,581 | €262,127 | -€78,454 | -23.0% |
| Deferred charges and accrued income | 490/1 | €6,536 | €8,148 | +€1,612 | +24.7% |
| Total equity and liabilities | 10/49 | €1,155,145 | €1,158,340 | +€3,196 | +0.3% |
| Equity | 10/15 | €923,746 | €832,341 | -€91,405 | -9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €905,146 | €813,741 | -€91,405 | -10.1% |
| Distributable reserves | 133 | €905,146 | €813,741 | -€91,405 | -10.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €231,398 | €325,999 | +€94,600 | +40.9% |
| Amounts payable after more than one year | 17 | €108,637 | €65,383 | -€43,253 | -39.8% |
| Financial debts | 170/4 | €108,637 | €65,383 | -€43,253 | -39.8% |
| Amounts payable within one year | 42/48 | €122,004 | €259,854 | +€137,850 | +113.0% |
| Current portion of amounts payable after more than one year | 42 | €42,987 | €43,253 | +€267 | +0.6% |
| Trade debts | 44 | €1,428 | €1,851 | +€423 | +29.6% |
| Suppliers | 440/4 | €1,428 | €1,851 | +€423 | +29.6% |
| Taxes, remuneration and social security | 45 | €70,779 | €16,709 | -€54,070 | -76.4% |
| Taxes | 450/3 | €70,779 | €16,709 | -€54,070 | -76.4% |
| Other amounts payable | 47/48 | €6,810 | €198,041 | +€191,231 | +2808.1% |
| Accrued charges and deferred income | 492/3 | €758 | €762 | +€3 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,508 | +€208 | +16.0% |
| Other operating charges | 640/8 | €774 | €1,398 | +€624 | +80.7% |
| Gross operating margin | 9900 | €337,164 | €131,185 | -€205,980 | -61.1% |
| Operating profit (loss) | 9901 | €335,090 | €128,278 | -€206,812 | -61.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €2,743 | €2,917 | +€174 | +6.3% |
| Recurring financial charges | 65 | €2,743 | €2,917 | +€174 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €332,348 | €125,362 | -€206,987 | -62.3% |
| Income taxes | 67/77 | €83,498 | €31,766 | -€51,731 | -62.0% |
| Profit (loss) for the period | 9904 | €248,851 | €93,595 | -€155,255 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €248,851 | €93,595 | -€155,255 | -62.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.