ALGO CONCEPT: what changed
ALGO CONCEPT
Largest movements
- Receivables within one year +€62,439
up €62,439 (+286%), from €21,857 to €84,297
of which Trade receivables: +€62,394
- Tangible fixed assets -€6,866
down €6,866 (-3.1%), from €219,109 to €212,243
of which Land and buildings: -€9,823
- Trade debts +€62,942
up €62,942 (+242%), from €26,033 to €88,975
- Profit (loss) carried forward -€17,533
down €17,533 (-56.6%), from -€30,990 to -€48,524
- Other debts +€17,216
up €17,216 (+15.3%), from €112,691 to €129,907
- Debts after one year -€10,125
down €10,125 (-8.0%), from €126,558 to €116,434
- Gross operating margin +€11,094
up €11,094 (+68.8%), from -€16,118 to -€5,024
- Depreciation -€2,001
down €2,001 (-15.9%), from €12,617 to €10,616
- Other operating charges +€1,330
up €1,330 (+613%), from €217 to €1,547
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,261 | €299,677 | +€50,416 | +20.2% |
| Fixed assets | 21/28 | €221,509 | €212,243 | -€9,266 | -4.2% |
| Tangible fixed assets | 22/27 | €219,109 | €212,243 | -€6,866 | -3.1% |
| Land and buildings | 22 | €218,750 | €208,927 | -€9,823 | -4.5% |
| Furniture and vehicles | 24 | €359 | €3,315 | +€2,956 | +824% |
| Financial fixed assets | 28 | €2,400 | €0 | -€2,400 | -100% |
| Current assets | 29/58 | €27,752 | €87,434 | +€59,682 | +215% |
| Amounts receivable within one year | 40/41 | €21,857 | €84,297 | +€62,439 | +286% |
| Trade receivables | 40 | €20,716 | €83,110 | +€62,394 | +301% |
| Other amounts receivable | 41 | €1,141 | €1,187 | +€46 | +4.0% |
| Cash at bank and in hand | 54/58 | €5,895 | €3,137 | -€2,758 | -46.8% |
| Total equity and liabilities | 10/49 | €249,261 | €299,677 | +€50,416 | +20.2% |
| Equity | 10/15 | -€28,490 | -€46,024 | -€17,533 | -61.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,990 | -€48,524 | -€17,533 | -56.6% |
| Amounts payable | 17/49 | €277,751 | €345,700 | +€67,949 | +24.5% |
| Amounts payable after more than one year | 17 | €126,558 | €116,434 | -€10,125 | -8.0% |
| Financial debts | 170/4 | €126,558 | €116,434 | -€10,125 | -8.0% |
| Amounts payable within one year | 42/48 | €151,193 | €229,006 | +€77,813 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €10,125 | €10,125 | = | 0.0% |
| Trade debts | 44 | €26,033 | €88,975 | +€62,942 | +242% |
| Suppliers | 440/4 | €26,033 | €88,975 | +€62,942 | +242% |
| Taxes, remuneration and social security | 45 | €2,345 | - | -€2,345 | |
| Taxes | 450/3 | €2,345 | - | -€2,345 | |
| Other amounts payable | 47/48 | €112,691 | €129,907 | +€17,216 | +15.3% |
| Accrued charges and deferred income | 492/3 | - | €260 | +€260 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,617 | €10,616 | -€2,001 | -15.9% |
| Other operating charges | 640/8 | €217 | €1,547 | +€1,330 | +613% |
| Gross operating margin | 9900 | -€16,118 | -€5,024 | +€11,094 | +68.8% |
| Operating profit (loss) | 9901 | -€28,951 | -€17,187 | +€11,764 | +40.6% |
| Financial income | 75/76B | €0 | €149 | +€149 | +114,331% |
| Recurring financial income | 75 | €0 | €149 | +€149 | +114,331% |
| Financial charges | 65/66B | €489 | €495 | +€6 | +1.3% |
| Recurring financial charges | 65 | €489 | €495 | +€6 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,440 | -€17,533 | +€11,907 | +40.4% |
| Profit (loss) for the period | 9904 | -€29,440 | -€17,533 | +€11,907 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,440 | -€17,533 | +€11,907 | +40.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.