ALGO AUTO: 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.
ALGO AUTO
Largest movements
- Cash -€2,151
down €2,151 (-72.8%), from €2,954 to €803
mainly Net result for the year (-€5,601) and Trade debts (-€1,323)
- Receivables within one year -€1,585
down €1,585 (-99.6%), from €1,591 to €6
of which Trade receivables: -€1,591
- Profit (loss) carried forward -€5,601
down €5,601 (-38.6%), from -€14,517 to -€20,118
- Tax, wage and social debts +€3,256
up €3,256 (+261.8%), from €1,244 to €4,500
of which Remuneration and social security: +€4,500
- Trade debts -€1,323
no longer reported in 2024 (was €1,323)
- Other debts -€69
down €69 (-0.7%), from €10,346 to €10,277
- Gross operating margin -€10,036
down €10,036 (-51.5%), from €19,484 to €9,449
- Other operating charges -€2,295
down €2,295 (-13.2%), from €17,344 to €15,050
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,595 | €859 | -€3,736 | -81.3% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €4,545 | €809 | -€3,736 | -82.2% |
| Amounts receivable within one year | 40/41 | €1,591 | €6 | -€1,585 | -99.6% |
| Trade receivables | 40 | €1,591 | - | -€1,591 | |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €2,954 | €803 | -€2,151 | -72.8% |
| Total equity and liabilities | 10/49 | €4,595 | €859 | -€3,736 | -81.3% |
| Equity | 10/15 | -€8,317 | -€13,918 | -€5,601 | -67.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,517 | -€20,118 | -€5,601 | -38.6% |
| Amounts payable | 17/49 | €12,912 | €14,777 | +€1,865 | +14.4% |
| Amounts payable within one year | 42/48 | €12,912 | €14,777 | +€1,865 | +14.4% |
| Trade debts | 44 | €1,323 | - | -€1,323 | |
| Suppliers | 440/4 | €1,323 | - | -€1,323 | |
| Taxes, remuneration and social security | 45 | €1,244 | €4,500 | +€3,256 | +261.8% |
| Taxes | 450/3 | €1,244 | - | -€1,244 | |
| Remuneration and social security | 454/9 | - | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €10,346 | €10,277 | -€69 | -0.7% |
| Other operating charges | 640/8 | €17,344 | €15,050 | -€2,295 | -13.2% |
| Gross operating margin | 9900 | €19,484 | €9,449 | -€10,036 | -51.5% |
| Operating profit (loss) | 9901 | €2,140 | -€5,601 | -€7,741 | |
| Profit (loss) for the period before taxes | 9903 | €2,140 | -€5,601 | -€7,741 | |
| Profit (loss) for the period | 9904 | €2,140 | -€5,601 | -€7,741 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,140 | -€5,601 | -€7,741 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.