Algorhythm Group: 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.
Algorhythm Group
Largest movements
- Receivables within one year +€921,937
up €921,937 (+5,488%), from €16,800 to €938,737
of which Trade receivables: +€921,767
- Trade debts +€619,445
up €619,445 (+1,920%), from €32,271 to €651,716
- Other debts +€451,637
up €451,637 (+25.2%), from €1.8m to €2.2m
- Profit (loss) carried forward -€174,630
down €174,630 (-57.2%), from -€305,437 to -€480,067
- Tax, wage and social debts +€49,281
up €49,281 (+700%), from €7,039 to €56,319
of which Remuneration and social security: +€32,264
- Turnover +€3.4m
new in 2025: €3.4m
- Purchases and services +€3.3m
up €3.3m (+23,554%), from €13,860 to €3.3m
- Staff costs +€332,251
new in 2025: €332,251
- Gross operating margin +€292,783
up €292,783, from -€13,860 to €278,923
- Financial income -€148,854
down €148,854 (-99.2%), from €150,000 to €1,146
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 | €1,587,579 | €2,533,503 | +€945,924 | +59.6% |
| Fixed assets | 21/28 | €1,565,679 | €1,578,593 | +€12,914 | +0.8% |
| Tangible fixed assets | 22/27 | €3,679 | €16,593 | +€12,914 | +351% |
| Plant, machinery and equipment | 23 | €3,679 | €16,593 | +€12,914 | +351% |
| Financial fixed assets | 28 | €1,562,000 | €1,562,000 | = | 0.0% |
| Current assets | 29/58 | €21,900 | €954,910 | +€933,011 | +4,260% |
| Amounts receivable within one year | 40/41 | €16,800 | €938,737 | +€921,937 | +5,488% |
| Trade receivables | 40 | €16,800 | €938,567 | +€921,767 | +5,487% |
| Other amounts receivable | 41 | - | €170 | +€170 | |
| Cash at bank and in hand | 54/58 | €5,100 | €5,480 | +€380 | +7.4% |
| Deferred charges and accrued income | 490/1 | - | €10,694 | +€10,694 | |
| Total equity and liabilities | 10/49 | €1,587,579 | €2,533,503 | +€945,924 | +59.6% |
| Equity | 10/15 | -€243,437 | -€418,067 | -€174,630 | -71.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€305,437 | -€480,067 | -€174,630 | -57.2% |
| Provisions and deferred taxes | 16 | - | €191 | +€191 | |
| Provisions for liabilities and charges | 160/5 | - | €191 | +€191 | |
| Pensions and similar obligations | 160 | - | €191 | +€191 | |
| Amounts payable | 17/49 | €1,831,016 | €2,951,379 | +€1.1m | +61.2% |
| Amounts payable within one year | 42/48 | €1,831,016 | €2,951,379 | +€1.1m | +61.2% |
| Trade debts | 44 | €32,271 | €651,716 | +€619,445 | +1,920% |
| Suppliers | 440/4 | €32,271 | €651,716 | +€619,445 | +1,920% |
| Taxes, remuneration and social security | 45 | €7,039 | €56,319 | +€49,281 | +700% |
| Taxes | 450/3 | €7,039 | €24,055 | +€17,016 | +242% |
| Remuneration and social security | 454/9 | - | €32,264 | +€32,264 | |
| Other amounts payable | 47/48 | €1,791,707 | €2,243,344 | +€451,637 | +25.2% |
| Turnover | 70 | - | €3,397,209 | +€3.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €13,860 | €3,278,538 | +€3.3m | +23,554% |
| Remuneration, social security and pensions | 62 | - | €332,251 | +€332,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,194 | €12,779 | +€7,585 | +146% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €191 | +€191 | |
| Other operating charges | 640/8 | €1,409 | €4,366 | +€2,957 | +210% |
| Gross operating margin | 9900 | -€13,860 | €278,923 | +€292,783 | |
| Operating profit (loss) | 9901 | -€20,463 | -€70,665 | -€50,202 | -245% |
| Financial income | 75/76B | €150,000 | €1,146 | -€148,854 | -99.2% |
| Recurring financial income | 75 | €150,000 | €1,146 | -€148,854 | -99.2% |
| Financial charges | 65/66B | €98,794 | €104,470 | +€5,676 | +5.7% |
| Recurring financial charges | 65 | €98,794 | €104,470 | +€5,676 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €30,743 | -€173,988 | -€204,732 | |
| Income taxes | 67/77 | - | €642 | +€642 | |
| Profit (loss) for the period | 9904 | €30,743 | -€174,630 | -€205,374 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,743 | -€174,630 | -€205,374 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.