ALGOSYN: 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.
ALGOSYN
Largest movements
- Current investments -€29,620
down €29,620 (-19.8%), from €149,390 to €119,770
- Cash +€29,316
up €29,316 (+266%), from €11,005 to €40,320
mainly Current investments (+€29,620) and Net result for the year (+€22,525)
- Receivables within one year +€8,100
up €8,100 (+45.2%), from €17,913 to €26,013
of which Trade receivables: +€10,746
- Tangible fixed assets +€2,891
up €2,891 (+434%), from €666 to €3,557
- Reserves +€15,965
up €15,965 (+21.3%), from €74,935 to €90,900
- Other debts -€5,440
down €5,440 (-47.4%), from €11,475 to €6,035
- Financial charges -€3,202
down €3,202 (-53.2%), from €6,017 to €2,815
of which Non-recurring financial charges: -€4,300
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 | €179,430 | €190,854 | +€11,424 | +6.4% |
| Fixed assets | 21/28 | €686 | €3,577 | +€2,891 | +422% |
| Tangible fixed assets | 22/27 | €666 | €3,557 | +€2,891 | +434% |
| Furniture and vehicles | 24 | €666 | €3,557 | +€2,891 | +434% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €178,744 | €187,276 | +€8,533 | +4.8% |
| Amounts receivable within one year | 40/41 | €17,913 | €26,013 | +€8,100 | +45.2% |
| Trade receivables | 40 | €8,385 | €19,131 | +€10,746 | +128% |
| Other amounts receivable | 41 | €9,528 | €6,882 | -€2,646 | -27.8% |
| Current investments | 50/53 | €149,390 | €119,770 | -€29,620 | -19.8% |
| Cash at bank and in hand | 54/58 | €11,005 | €40,320 | +€29,316 | +266% |
| Deferred charges and accrued income | 490/1 | €436 | €1,173 | +€737 | +169% |
| Total equity and liabilities | 10/49 | €179,430 | €190,854 | +€11,424 | +6.4% |
| Equity | 10/15 | €165,568 | €182,058 | +€16,490 | +10.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €74,935 | €90,900 | +€15,965 | +21.3% |
| Distributable reserves | 133 | €74,935 | €90,900 | +€15,965 | +21.3% |
| Profit (loss) carried forward | 14 | €70,173 | €70,698 | +€525 | +0.7% |
| Amounts payable | 17/49 | €13,861 | €8,795 | -€5,066 | -36.5% |
| Amounts payable within one year | 42/48 | €13,861 | €8,795 | -€5,066 | -36.5% |
| Trade debts | 44 | €1,035 | €1,399 | +€364 | +35.2% |
| Suppliers | 440/4 | €1,035 | €1,399 | +€364 | +35.2% |
| Taxes, remuneration and social security | 45 | €1,351 | €1,361 | +€10 | +0.7% |
| Taxes | 450/3 | €1,351 | €1,361 | +€10 | +0.7% |
| Other amounts payable | 47/48 | €11,475 | €6,035 | -€5,440 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €429 | +€58 | +15.5% |
| Other operating charges | 640/8 | €642 | €618 | -€24 | -3.7% |
| Gross operating margin | 9900 | €34,499 | €34,564 | +€65 | +0.2% |
| Operating profit (loss) | 9901 | €33,485 | €33,516 | +€32 | +0.1% |
| Financial income | 75/76B | €3,084 | €3,232 | +€147 | +4.8% |
| Recurring financial income | 75 | €2,091 | €3,232 | +€1,141 | +54.6% |
| Non-recurring financial income | 76B | €994 | €0 | -€994 | -100% |
| Financial charges | 65/66B | €6,017 | €2,815 | -€3,202 | -53.2% |
| Recurring financial charges | 65 | €697 | €1,794 | +€1,097 | +157% |
| Non-recurring financial charges | 66B | €5,320 | €1,021 | -€4,300 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €30,552 | €33,933 | +€3,381 | +11.1% |
| Income taxes | 67/77 | €11,361 | €11,408 | +€47 | +0.4% |
| Profit (loss) for the period | 9904 | €19,191 | €22,525 | +€3,334 | +17.4% |
| Transfer from tax-exempt reserves | 789 | - | €6,035 | +€6,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,191 | €28,560 | +€9,369 | +48.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.