ALGOET ENGINEERING: 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 ENGINEERING
Largest movements
- Current investments +€90,922
up €90,922 (+56.8%), from €160,000 to €250,922
- Receivables within one year -€19,030
down €19,030 (-38.2%), from €49,872 to €30,842
of which Trade receivables: -€14,819
- Reserves +€79,610
up €79,610 (+38.5%), from €206,920 to €286,530
- Tax, wage and social debts -€16,279
down €16,279 (-71.6%), from €22,732 to €6,453
- Trade debts +€3,594
up €3,594 (+306%), from €1,176 to €4,769
- Gross operating margin +€13,937
up €13,937 (+16.7%), from €83,274 to €97,212
- Financial income +€4,285
up €4,285 (+139%), from €3,089 to €7,374
- Taxes +€3,600
up €3,600 (+21.8%), from €16,484 to €20,084
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 | €243,328 | €310,252 | +€66,924 | +27.5% |
| Fixed assets | 21/28 | €8,636 | €5,854 | -€2,783 | -32.2% |
| Tangible fixed assets | 22/27 | €8,636 | €5,854 | -€2,783 | -32.2% |
| Plant, machinery and equipment | 23 | €1,256 | €1,778 | +€522 | +41.5% |
| Furniture and vehicles | 24 | €7,380 | €4,075 | -€3,305 | -44.8% |
| Current assets | 29/58 | €234,692 | €304,399 | +€69,707 | +29.7% |
| Amounts receivable within one year | 40/41 | €49,872 | €30,842 | -€19,030 | -38.2% |
| Trade receivables | 40 | €43,087 | €28,268 | -€14,819 | -34.4% |
| Other amounts receivable | 41 | €6,785 | €2,574 | -€4,211 | -62.1% |
| Current investments | 50/53 | €160,000 | €250,922 | +€90,922 | +56.8% |
| Cash at bank and in hand | 54/58 | €24,374 | €22,182 | -€2,193 | -9.0% |
| Deferred charges and accrued income | 490/1 | €445 | €453 | +€7 | +1.6% |
| Total equity and liabilities | 10/49 | €243,328 | €310,252 | +€66,924 | +27.5% |
| Equity | 10/15 | €219,420 | €299,030 | +€79,610 | +36.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €206,920 | €286,530 | +€79,610 | +38.5% |
| Distributable reserves | 133 | €206,920 | €286,530 | +€79,610 | +38.5% |
| Amounts payable | 17/49 | €23,908 | €11,222 | -€12,685 | -53.1% |
| Amounts payable within one year | 42/48 | €23,908 | €11,222 | -€12,685 | -53.1% |
| Trade debts | 44 | €1,176 | €4,769 | +€3,594 | +306% |
| Suppliers | 440/4 | €1,176 | €4,769 | +€3,594 | +306% |
| Taxes, remuneration and social security | 45 | €22,732 | €6,453 | -€16,279 | -71.6% |
| Taxes | 450/3 | €22,732 | €6,453 | -€16,279 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,542 | €4,021 | +€478 | +13.5% |
| Other operating charges | 640/8 | €609 | €795 | +€185 | +30.4% |
| Gross operating margin | 9900 | €83,274 | €97,212 | +€13,937 | +16.7% |
| Operating profit (loss) | 9901 | €79,122 | €92,396 | +€13,274 | +16.8% |
| Financial income | 75/76B | €3,089 | €7,374 | +€4,285 | +139% |
| Recurring financial income | 75 | €3,089 | €7,374 | +€4,285 | +139% |
| Financial charges | 65/66B | €67 | €76 | +€9 | +13.4% |
| Recurring financial charges | 65 | €67 | €76 | +€9 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €82,145 | €99,694 | +€17,549 | +21.4% |
| Income taxes | 67/77 | €16,484 | €20,084 | +€3,600 | +21.8% |
| Profit (loss) for the period | 9904 | €65,661 | €79,610 | +€13,949 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,661 | €79,610 | +€13,949 | +21.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.