ALGITEC: 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.
ALGITEC
Largest movements
- Current investments +€13,999
new in 2025: €13,999
- Receivables within one year -€13,084
down €13,084 (-91.3%), from €14,324 to €1,240
of which Trade receivables: -€13,419
- Tangible fixed assets +€1,180
new in 2025: €1,180
- Cash -€471
down €471 (-2.1%), from €21,923 to €21,452
mainly Current investments (-€13,999) and Investment in fixed assets (net) (-€1,400)
- Other debts +€2,796
up €2,796 (+8,535%), from €33 to €2,829
- Trade debts -€1,141
down €1,141 (-40.9%), from €2,794 to €1,652
- Reserves -€792
down €792 (-3.5%), from €22,626 to €21,834
- Tax, wage and social debts +€792
up €792 (+12.3%), from €6,428 to €7,220
- Gross operating margin -€28,022
down €28,022 (-96.4%), from €29,056 to €1,034
- Taxes -€5,636
down €5,636 (-87.7%), from €6,428 to €792
- Other operating charges +€652
new in 2025: €652
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.
Derived cash bridge
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 | €36,881 | €38,535 | +€1,654 | +4.5% |
| Fixed assets | 21/28 | - | €1,180 | +€1,180 | |
| Tangible fixed assets | 22/27 | - | €1,180 | +€1,180 | |
| Furniture and vehicles | 24 | - | €1,180 | +€1,180 | |
| Current assets | 29/58 | €36,881 | €37,355 | +€475 | +1.3% |
| Amounts receivable within one year | 40/41 | €14,324 | €1,240 | -€13,084 | -91.3% |
| Trade receivables | 40 | €13,419 | €0 | -€13,419 | -100% |
| Other amounts receivable | 41 | €905 | €1,240 | +€335 | +37.0% |
| Current investments | 50/53 | - | €13,999 | +€13,999 | |
| Cash at bank and in hand | 54/58 | €21,923 | €21,452 | -€471 | -2.1% |
| Deferred charges and accrued income | 490/1 | €635 | €665 | +€30 | +4.8% |
| Total equity and liabilities | 10/49 | €36,881 | €38,535 | +€1,654 | +4.5% |
| Equity | 10/15 | €27,626 | €26,834 | -€792 | -2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,626 | €21,834 | -€792 | -3.5% |
| Distributable reserves | 133 | €22,626 | €21,834 | -€792 | -3.5% |
| Amounts payable | 17/49 | €9,255 | €11,702 | +€2,447 | +26.4% |
| Amounts payable within one year | 42/48 | €9,255 | €11,702 | +€2,447 | +26.4% |
| Trade debts | 44 | €2,794 | €1,652 | -€1,141 | -40.9% |
| Suppliers | 440/4 | €2,794 | €1,652 | -€1,141 | -40.9% |
| Taxes, remuneration and social security | 45 | €6,428 | €7,220 | +€792 | +12.3% |
| Taxes | 450/3 | €6,428 | €7,220 | +€792 | +12.3% |
| Other amounts payable | 47/48 | €33 | €2,829 | +€2,796 | +8,535% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €220 | +€220 | |
| Other operating charges | 640/8 | - | €652 | +€652 | |
| Gross operating margin | 9900 | €29,056 | €1,034 | -€28,022 | -96.4% |
| Operating profit (loss) | 9901 | €29,056 | €163 | -€28,893 | -99.4% |
| Financial charges | 65/66B | €2 | €163 | +€161 | +9,110% |
| Recurring financial charges | 65 | €2 | €163 | +€161 | +9,110% |
| Profit (loss) for the period before taxes | 9903 | €29,054 | -€0 | -€29,055 | |
| Income taxes | 67/77 | €6,428 | €792 | -€5,636 | -87.7% |
| Profit (loss) for the period | 9904 | €22,626 | -€792 | -€23,418 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,626 | -€792 | -€23,418 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.