ALGOET DIRK: 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.
ALGOET DIRK
Largest movements
- Cash -€6,539
down €6,539 (-11.7%), from €56,072 to €49,532
mainly Tax, wage and social debts (-€3,756) and Net result for the year (-€2,202)
- Receivables within one year +€1,493
up €1,493 (+393%), from €379 to €1,872
of which Trade receivables: +€1,461
- Tax, wage and social debts -€3,756
no longer reported in 2025 (was €3,756)
- Reserves -€2,202
down €2,202 (-2.3%), from €96,283 to €94,082
of which Distributable reserves: -€2,202
- Gross operating margin -€19,259
down €19,259, from €17,729 to -€1,531
- Taxes -€3,756
no longer reported in 2025 (was €3,756)
- Other operating charges -€419
down €419 (-44.9%), from €932 to €513
- Depreciation -€246
down €246 (-68.1%), from €361 to €115
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 | €130,404 | €125,242 | -€5,162 | -4.0% |
| Fixed assets | 21/28 | €73,953 | €73,837 | -€115 | -0.2% |
| Tangible fixed assets | 22/27 | €73,953 | €73,837 | -€115 | -0.2% |
| Land and buildings | 22 | €73,953 | €73,837 | -€115 | -0.2% |
| Current assets | 29/58 | €56,451 | €51,404 | -€5,047 | -8.9% |
| Amounts receivable within one year | 40/41 | €379 | €1,872 | +€1,493 | +393% |
| Trade receivables | 40 | - | €1,461 | +€1,461 | |
| Other amounts receivable | 41 | €379 | €411 | +€31 | +8.3% |
| Cash at bank and in hand | 54/58 | €56,072 | €49,532 | -€6,539 | -11.7% |
| Total equity and liabilities | 10/49 | €130,404 | €125,242 | -€5,162 | -4.0% |
| Equity | 10/15 | €114,875 | €112,674 | -€2,202 | -1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €96,283 | €94,082 | -€2,202 | -2.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,960 | €26,960 | = | 0.0% |
| Distributable reserves | 133 | €67,464 | €65,262 | -€2,202 | -3.3% |
| Amounts payable | 17/49 | €15,528 | €12,568 | -€2,960 | -19.1% |
| Amounts payable within one year | 42/48 | €15,528 | €12,568 | -€2,960 | -19.1% |
| Trade debts | 44 | €930 | €975 | +€45 | +4.9% |
| Suppliers | 440/4 | €930 | €975 | +€45 | +4.9% |
| Taxes, remuneration and social security | 45 | €3,756 | - | -€3,756 | |
| Taxes | 450/3 | €3,756 | - | -€3,756 | |
| Other amounts payable | 47/48 | €10,842 | €11,593 | +€751 | +6.9% |
| Non-recurring operating income | 76A | €75 | €75 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €115 | -€246 | -68.1% |
| Other operating charges | 640/8 | €932 | €513 | -€419 | -44.9% |
| Gross operating margin | 9900 | €17,729 | -€1,531 | -€19,259 | |
| Operating profit (loss) | 9901 | €16,435 | -€2,159 | -€18,594 | |
| Financial charges | 65/66B | €42 | €43 | +€1 | +1.7% |
| Recurring financial charges | 65 | €42 | €43 | +€1 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €16,394 | -€2,202 | -€18,595 | |
| Income taxes | 67/77 | €3,756 | - | -€3,756 | |
| Profit (loss) for the period | 9904 | €12,637 | -€2,202 | -€14,839 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,637 | -€2,202 | -€14,839 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.