ALGO CONSULTING: what changed
What changed
ALGO CONSULTING
NACE 43.110, Demolition
filed annual accounts (NBB)
Net result for the year
€108,118
2024 · €212,333-€104,215
Equity
€742,238
2024 · €634,120+€108,118
Cash
€42,592
2024 · €54,133-€11,541
Balance sheet total
€3.9m
2024 · €3.9m-€21,826
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€250,351
up €250,351 (+24.1%), from €1.0m to €1.3m
- Short-term financial debts -€240,000
no longer reported in 2025 (was €240,000)
- Debts after one year -€171,699
down €171,699 (-10.0%), from €1.7m to €1.5m
- Reserves +€108,118
up €108,118 (+20.6%), from €523,872 to €631,990
of which Distributable reserves: +€108,118
- Current portion of long-term debt +€43,621
up €43,621 (+22.9%), from €190,579 to €234,200
Income statement
- Financial income -€200,000
down €200,000 (-100.0%), from €200,007 to €7
- Gross operating margin +€117,929
up €117,929 (+50.7%), from €232,417 to €350,346
- Financial charges +€33,537
up €33,537 (+58.2%), from €57,639 to €91,176
- Depreciation -€28,462
down €28,462 (-65.3%), from €43,561 to €15,099
- Taxes +€18,159
up €18,159 (+50.9%), from €35,654 to €53,813
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€212,333
Gross operating margin
+€117,929
Staff costs
-€1,774
Depreciation
+€28,462
Other operating charges
+€2,864
Financial income
-€200,000
Financial charges
-€33,537
Taxes
-€18,159
Result 2025
€108,118
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€364,437
Investment
-€7,900
Financing
-€368,078
Cash 2024
€54,133
From operations (derived)
+€364,437
Net result for the year
+€108,118
Depreciation
+€15,099
Receivables within one year
-€1,563
Deferred charges and accrued income
+€4,649
Trade debts
-€12,633
Tax, wage and social debts
+€5,781
Other debts
+€250,351
Accrued charges and deferred income
-€5,365
Investment (derived)
-€7,900
Investment in fixed assets (net)
-€2,900
Current investments
-€5,000
Financing
-€368,078
Debts after one year
-€171,699
Current portion of long-term debt
+€43,621
Short-term financial debts
-€240,000
Cash 2025
€42,592
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,873,550 | €3,851,724 | -€21,826 | -0.6% |
| Fixed assets | 21/28 | €3,795,342 | €3,783,143 | -€12,199 | -0.3% |
| Tangible fixed assets | 22/27 | €454,311 | €442,112 | -€12,199 | -2.7% |
| Land and buildings | 22 | €447,215 | €434,671 | -€12,544 | -2.8% |
| Furniture and vehicles | 24 | €1,365 | €3,109 | +€1,744 | +128% |
| Other tangible fixed assets | 26 | €5,730 | €4,332 | -€1,399 | -24.4% |
| Financial fixed assets | 28 | €3,341,031 | €3,341,031 | = | 0.0% |
| Current assets | 29/58 | €78,208 | €68,582 | -€9,627 | -12.3% |
| Amounts receivable within one year | 40/41 | €17,329 | €18,892 | +€1,563 | +9.0% |
| Trade receivables | 40 | €17,301 | €2,584 | -€14,717 | -85.1% |
| Other amounts receivable | 41 | €28 | €16,308 | +€16,280 | +57,243% |
| Current investments | 50/53 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €54,133 | €42,592 | -€11,541 | -21.3% |
| Deferred charges and accrued income | 490/1 | €6,747 | €2,098 | -€4,649 | -68.9% |
| Total equity and liabilities | 10/49 | €3,873,550 | €3,851,724 | -€21,826 | -0.6% |
| Equity | 10/15 | €634,120 | €742,238 | +€108,118 | +17.1% |
| Contributions | 10/11 | €7,100 | €7,100 | = | 0.0% |
| Reserves | 13 | €523,872 | €631,990 | +€108,118 | +20.6% |
| Non-distributable reserves | 130/1 | €10,765 | €10,765 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,765 | €10,765 | = | 0.0% |
| Distributable reserves | 133 | €513,107 | €621,225 | +€108,118 | +21.1% |
| Profit (loss) carried forward | 14 | €103,148 | €103,148 | = | 0.0% |
| Amounts payable | 17/49 | €3,239,430 | €3,109,486 | -€129,944 | -4.0% |
| Amounts payable after more than one year | 17 | €1,715,107 | €1,543,408 | -€171,699 | -10.0% |
| Financial debts | 170/4 | €1,715,107 | €1,543,408 | -€171,699 | -10.0% |
| Amounts payable within one year | 42/48 | €1,518,959 | €1,566,078 | +€47,120 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €190,579 | €234,200 | +€43,621 | +22.9% |
| Financial debts | 43 | €240,000 | - | -€240,000 | |
| Credit institutions | 430/8 | €240,000 | - | -€240,000 | |
| Trade debts | 44 | €12,633 | - | -€12,633 | |
| Suppliers | 440/4 | €12,633 | - | -€12,633 | |
| Taxes, remuneration and social security | 45 | €36,707 | €42,487 | +€5,781 | +15.7% |
| Taxes | 450/3 | €21,347 | €21,138 | -€209 | -1.0% |
| Remuneration and social security | 454/9 | €15,360 | €21,349 | +€5,989 | +39.0% |
| Other amounts payable | 47/48 | €1,039,040 | €1,289,391 | +€250,351 | +24.1% |
| Accrued charges and deferred income | 492/3 | €5,365 | - | -€5,365 | |
| Remuneration, social security and pensions | 62 | €77,767 | €79,541 | +€1,774 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,561 | €15,099 | -€28,462 | -65.3% |
| Other operating charges | 640/8 | €5,470 | €2,606 | -€2,864 | -52.4% |
| Gross operating margin | 9900 | €232,417 | €350,346 | +€117,929 | +50.7% |
| Operating profit (loss) | 9901 | €105,619 | €253,100 | +€147,481 | +140% |
| Financial income | 75/76B | €200,007 | €7 | -€200,000 | -100.0% |
| Recurring financial income | 75 | €200,007 | €7 | -€200,000 | -100.0% |
| Financial charges | 65/66B | €57,639 | €91,176 | +€33,537 | +58.2% |
| Recurring financial charges | 65 | €57,639 | €91,176 | +€33,537 | +58.2% |
| Profit (loss) for the period before taxes | 9903 | €247,987 | €161,931 | -€86,056 | -34.7% |
| Income taxes | 67/77 | €35,654 | €53,813 | +€18,159 | +50.9% |
| Profit (loss) for the period | 9904 | €212,333 | €108,118 | -€104,215 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €212,333 | €108,118 | -€104,215 | -49.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.