Algorythm Solutions: what changed
Two fiscal 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.
Algorythm Solutions
Largest movements
- Cash -€52,123
down €52,123 (-55.7%), from €93,587 to €41,464
mainly Contributions, distributions and other (-€87,049) and Tax, wage and social debts (-€4,771)
- Receivables within one year -€7,903
down €7,903 (-81.7%), from €9,679 to €1,776
of which Trade receivables: -€9,261
- Reserves -€57,653
down €57,653 (-66.2%), from €87,049 to €29,396
- Tax, wage and social debts -€4,771
down €4,771 (-37.1%), from €12,842 to €8,072
- Trade debts +€2,331
up €2,331 (+50.9%), from €4,579 to €6,910
- Gross operating margin -€24,324
down €24,324 (-37.9%), from €64,132 to €39,808
- Taxes -€4,771
down €4,771 (-37.1%), from €12,842 to €8,072
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.
Cash bridge derived
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 | €107,130 | €46,877 | -€60,252 | -56.2% |
| Fixed assets | 21/28 | €2,024 | €1,671 | -€353 | -17.4% |
| Tangible fixed assets | 22/27 | €2,024 | €1,671 | -€353 | -17.4% |
| Plant, machinery and equipment | 23 | €2,024 | €1,671 | -€353 | -17.4% |
| Current assets | 29/58 | €105,106 | €45,206 | -€59,899 | -57.0% |
| Amounts receivable within one year | 40/41 | €9,679 | €1,776 | -€7,903 | -81.7% |
| Trade receivables | 40 | €9,282 | €21 | -€9,261 | -99.8% |
| Other amounts receivable | 41 | €397 | €1,755 | +€1,358 | +342.3% |
| Cash at bank and in hand | 54/58 | €93,587 | €41,464 | -€52,123 | -55.7% |
| Deferred charges and accrued income | 490/1 | €1,840 | €1,967 | +€127 | +6.9% |
| Total equity and liabilities | 10/49 | €107,130 | €46,877 | -€60,252 | -56.2% |
| Equity | 10/15 | €89,549 | €31,896 | -€57,653 | -64.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €87,049 | €29,396 | -€57,653 | -66.2% |
| Distributable reserves | 133 | €87,049 | €29,396 | -€57,653 | -66.2% |
| Amounts payable | 17/49 | €17,581 | €14,982 | -€2,599 | -14.8% |
| Amounts payable within one year | 42/48 | €17,581 | €14,982 | -€2,599 | -14.8% |
| Trade debts | 44 | €4,579 | €6,910 | +€2,331 | +50.9% |
| Suppliers | 440/4 | €4,579 | €6,910 | +€2,331 | +50.9% |
| Taxes, remuneration and social security | 45 | €12,842 | €8,072 | -€4,771 | -37.1% |
| Taxes | 450/3 | €12,842 | €8,072 | -€4,771 | -37.1% |
| Other amounts payable | 47/48 | €160 | - | -€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €841 | €1,052 | +€211 | +25.1% |
| Gross operating margin | 9900 | €64,132 | €39,808 | -€24,324 | -37.9% |
| Operating profit (loss) | 9901 | €63,291 | €38,756 | -€24,535 | -38.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,701 | €1,288 | -€413 | -24.3% |
| Recurring financial charges | 65 | €1,701 | €1,288 | -€413 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €61,589 | €37,468 | -€24,122 | -39.2% |
| Income taxes | 67/77 | €12,842 | €8,072 | -€4,771 | -37.1% |
| Profit (loss) for the period | 9904 | €48,747 | €29,396 | -€19,351 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,747 | €29,396 | -€19,351 | -39.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.