ALGOTEC: 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.
ALGOTEC
Largest movements
- Receivables within one year +€49,877
up €49,877 (+102.0%), from €48,886 to €98,763
of which Other amounts receivable: +€50,000
- Current investments +€19,511
new in 2025: €19,511
- Cash -€5,032
down €5,032 (-6.7%), from €75,388 to €70,357
mainly Receivables within one year (-€49,877) and Current investments (-€19,511)
- Reserves +€56,300
up €56,300 (+74.1%), from €76,000 to €132,300
- Tax, wage and social debts +€13,427
up €13,427 (+34.4%), from €39,030 to €52,458
- Other debts -€4,808
down €4,808 (-90.2%), from €5,331 to €524
- Gross operating margin -€2,536
down €2,536 (-3.0%), from €85,479 to €82,943
- Other operating charges +€1,546
up €1,546 (+463.3%), from €334 to €1,880
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 | €148,695 | €212,405 | +€63,710 | +42.8% |
| Fixed assets | 21/28 | €21,156 | €20,510 | -€645 | -3.1% |
| Tangible fixed assets | 22/27 | €1,156 | €510 | -€645 | -55.8% |
| Furniture and vehicles | 24 | €1,156 | €510 | -€645 | -55.8% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €127,539 | €191,894 | +€64,355 | +50.5% |
| Amounts receivable within one year | 40/41 | €48,886 | €98,763 | +€49,877 | +102.0% |
| Trade receivables | 40 | €48,886 | €48,763 | -€123 | -0.3% |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Current investments | 50/53 | - | €19,511 | +€19,511 | |
| Cash at bank and in hand | 54/58 | €75,388 | €70,357 | -€5,032 | -6.7% |
| Deferred charges and accrued income | 490/1 | €3,265 | €3,264 | -€1 | 0.0% |
| Total equity and liabilities | 10/49 | €148,695 | €212,405 | +€63,710 | +42.8% |
| Equity | 10/15 | €96,123 | €152,447 | +€56,324 | +58.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €76,000 | €132,300 | +€56,300 | +74.1% |
| Distributable reserves | 133 | €76,000 | €132,300 | +€56,300 | +74.1% |
| Profit (loss) carried forward | 14 | €123 | €147 | +€24 | +19.6% |
| Amounts payable | 17/49 | €52,572 | €59,958 | +€7,385 | +14.0% |
| Amounts payable within one year | 42/48 | €52,572 | €59,958 | +€7,385 | +14.0% |
| Trade debts | 44 | €8,210 | €6,976 | -€1,234 | -15.0% |
| Suppliers | 440/4 | €8,210 | €6,976 | -€1,234 | -15.0% |
| Taxes, remuneration and social security | 45 | €39,030 | €52,458 | +€13,427 | +34.4% |
| Taxes | 450/3 | €39,030 | €52,458 | +€13,427 | +34.4% |
| Other amounts payable | 47/48 | €5,331 | €524 | -€4,808 | -90.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | €645 | = | 0.0% |
| Other operating charges | 640/8 | €334 | €1,880 | +€1,546 | +463.3% |
| Gross operating margin | 9900 | €85,479 | €82,943 | -€2,536 | -3.0% |
| Operating profit (loss) | 9901 | €84,500 | €80,417 | -€4,082 | -4.8% |
| Financial income | 75/76B | €0 | €596 | +€596 | +1191440.0% |
| Recurring financial income | 75 | €0 | €596 | +€596 | +1191440.0% |
| Financial charges | 65/66B | €2,649 | €2,543 | -€106 | -4.0% |
| Recurring financial charges | 65 | €2,649 | €2,543 | -€106 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €81,851 | €78,470 | -€3,381 | -4.1% |
| Income taxes | 67/77 | €22,825 | €22,146 | -€679 | -3.0% |
| Profit (loss) for the period | 9904 | €59,026 | €56,324 | -€2,702 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,026 | €56,324 | -€2,702 | -4.6% |
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 5 October 2026 via checked.be.