ALGONQUIN TRUST: what changed
ALGONQUIN TRUST
Largest movements
- Receivables within one year +€1,158
up €1,158 (+238%), from €487 to €1,645
- Cash +€264
up €264 (+203%), from €130 to €394
mainly Debts after one year (+€47,187)
- Debts after one year +€47,187
new in 2016: €47,187
- Debts within one year -€23,256
no longer reported in 2016 (was €23,256)
- Profit (loss) carried forward -€22,509
down €22,509 (-54.0%), from -€41,716 to -€64,226
- Gross operating margin -€18,700
no longer reported in 2016 (was €18,700)
Change in the result, 2015 to 2016
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 2015 and 2016 balance sheets and the 2016 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 | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €617 | €2,038 | +€1,422 | +231% |
| Current assets | 29/58 | €617 | €2,038 | +€1,422 | +231% |
| Amounts receivable within one year | 40/41 | €487 | €1,645 | +€1,158 | +238% |
| Cash at bank and in hand | 54/58 | €130 | €394 | +€264 | +203% |
| Total equity and liabilities | 10/49 | €617 | €2,038 | +€1,422 | +231% |
| Equity | 10/15 | -€22,639 | -€45,149 | -€22,509 | -99.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €477 | €477 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,716 | -€64,226 | -€22,509 | -54.0% |
| Amounts payable | 17/49 | €23,256 | €47,187 | +€23,931 | +103% |
| Amounts payable after more than one year | 17 | - | €47,187 | +€47,187 | |
| Amounts payable within one year | 42/48 | €23,256 | - | -€23,256 | |
| Gross operating margin | 9900 | €18,700 | - | -€18,700 | |
| Operating profit (loss) | 9901 | -€2,394 | -€22,395 | -€20,002 | -836% |
| Recurring financial charges | 65 | €146 | - | -€146 | |
| Profit (loss) for the period before taxes | 9903 | -€2,540 | -€22,509 | -€19,970 | -786% |
| Profit (loss) for the period | 9904 | -€2,540 | -€22,509 | -€19,970 | -786% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,540 | -€22,509 | -€19,970 | -786% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.