ALGREMA: 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.
ALGREMA
Largest movements
- Tangible fixed assets -€29,589
down €29,589 (-5.7%), from €515,847 to €486,258
of which Land and buildings: -€23,391
- Profit (loss) carried forward -€15,367
down €15,367 (-14.1%), from -€108,625 to -€123,992
- Debts after one year -€8,805
down €8,805 (-5.5%), from €159,150 to €150,345
- Gross operating margin +€16,597
up €16,597 (+275.7%), from €6,021 to €22,617
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 | €524,350 | €499,448 | -€24,903 | -4.7% |
| Fixed assets | 21/28 | €515,847 | €486,258 | -€29,589 | -5.7% |
| Tangible fixed assets | 22/27 | €515,847 | €486,258 | -€29,589 | -5.7% |
| Land and buildings | 22 | €498,952 | €475,561 | -€23,391 | -4.7% |
| Plant, machinery and equipment | 23 | €6,842 | €4,468 | -€2,374 | -34.7% |
| Furniture and vehicles | 24 | €10,053 | €6,229 | -€3,824 | -38.0% |
| Current assets | 29/58 | €8,503 | €13,189 | +€4,686 | +55.1% |
| Amounts receivable within one year | 40/41 | €884 | €1,678 | +€794 | +89.8% |
| Other amounts receivable | 41 | €884 | €1,678 | +€794 | +89.8% |
| Cash at bank and in hand | 54/58 | €7,619 | €11,511 | +€3,892 | +51.1% |
| Total equity and liabilities | 10/49 | €524,350 | €499,448 | -€24,903 | -4.7% |
| Equity | 10/15 | -€58,625 | -€73,992 | -€15,367 | -26.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,625 | -€123,992 | -€15,367 | -14.1% |
| Amounts payable | 17/49 | €582,975 | €573,440 | -€9,535 | -1.6% |
| Amounts payable after more than one year | 17 | €159,150 | €150,345 | -€8,805 | -5.5% |
| Financial debts | 170/4 | €159,150 | €150,345 | -€8,805 | -5.5% |
| Amounts payable within one year | 42/48 | €423,825 | €423,095 | -€731 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €8,666 | €8,805 | +€139 | +1.6% |
| Trade debts | 44 | €1,077 | €0 | -€1,077 | -100.0% |
| Suppliers | 440/4 | €1,077 | €0 | -€1,077 | -100.0% |
| Advances received on contracts in progress | 46 | €1,600 | €2,457 | +€857 | +53.6% |
| Other amounts payable | 47/48 | €412,483 | €411,833 | -€650 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,556 | €29,589 | +€33 | +0.1% |
| Other operating charges | 640/8 | €5,379 | €5,548 | +€169 | +3.1% |
| Gross operating margin | 9900 | €6,021 | €22,617 | +€16,597 | +275.7% |
| Operating profit (loss) | 9901 | -€28,914 | -€12,519 | +€16,395 | +56.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,985 | €2,848 | -€137 | -4.6% |
| Recurring financial charges | 65 | €2,985 | €2,848 | -€137 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€31,899 | -€15,367 | +€16,532 | +51.8% |
| Profit (loss) for the period | 9904 | -€31,899 | -€15,367 | +€16,532 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,899 | -€15,367 | +€16,532 | +51.8% |
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 12 October 2026 via checked.be.