ALGROBREE: 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.
ALGROBREE
Largest movements
- Tangible fixed assets -€180,844
down €180,844 (-14.7%), from €1.2m to €1.1m
of which Furniture and vehicles: -€137,328
- Receivables within one year -€128,681
down €128,681 (-70.3%), from €183,109 to €54,429
of which Trade receivables: -€179,352
- Cash +€45,340
up €45,340 (+706.9%), from €6,414 to €51,754
mainly Depreciation (+€250,727) and Receivables within one year (+€128,681)
- Debts after one year -€270,361
down €270,361 (-22.2%), from €1.2m to €945,168
of which Other amounts payable: -€227,435
- Reserves +€22,641
up €22,641 (+16.6%), from €136,240 to €158,881
of which Distributable reserves: +€22,641
- Other operating charges -€88,122
down €88,122 (-92.2%), from €95,545 to €7,422
- Gross operating margin -€38,746
down €38,746 (-11.0%), from €353,437 to €314,690
- Financial charges +€24,919
up €24,919 (+223.9%), from €11,127 to €36,047
- Financial income +€12,291
up €12,291 (+6828.4%), from €180 to €12,471
of which Non-recurring financial income: +€12,467
- Depreciation +€11,531
up €11,531 (+4.8%), from €239,197 to €250,727
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 | €1,447,858 | €1,184,899 | -€262,959 | -18.2% |
| Fixed assets | 21/28 | €1,233,128 | €1,052,283 | -€180,844 | -14.7% |
| Tangible fixed assets | 22/27 | €1,233,128 | €1,052,283 | -€180,844 | -14.7% |
| Land and buildings | 22 | €574,747 | €537,350 | -€37,397 | -6.5% |
| Plant, machinery and equipment | 23 | €214,872 | €208,753 | -€6,119 | -2.8% |
| Furniture and vehicles | 24 | €443,509 | €306,180 | -€137,328 | -31.0% |
| Current assets | 29/58 | €214,730 | €132,615 | -€82,115 | -38.2% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €183,109 | €54,429 | -€128,681 | -70.3% |
| Trade receivables | 40 | €180,567 | €1,215 | -€179,352 | -99.3% |
| Other amounts receivable | 41 | €2,542 | €53,213 | +€50,671 | +1993.0% |
| Cash at bank and in hand | 54/58 | €6,414 | €51,754 | +€45,340 | +706.9% |
| Deferred charges and accrued income | 490/1 | €10,207 | €11,433 | +€1,226 | +12.0% |
| Total equity and liabilities | 10/49 | €1,447,858 | €1,184,899 | -€262,959 | -18.2% |
| Equity | 10/15 | €169,907 | €192,548 | +€22,641 | +13.3% |
| Contributions | 10/11 | €33,668 | €33,668 | = | 0.0% |
| Reserves | 13 | €136,240 | €158,881 | +€22,641 | +16.6% |
| Tax-exempt reserves | 132 | €20,391 | €20,391 | = | 0.0% |
| Distributable reserves | 133 | €115,849 | €138,490 | +€22,641 | +19.5% |
| Amounts payable | 17/49 | €1,277,951 | €992,351 | -€285,600 | -22.3% |
| Amounts payable after more than one year | 17 | €1,215,529 | €945,168 | -€270,361 | -22.2% |
| Financial debts | 170/4 | €375,284 | €332,359 | -€42,925 | -11.4% |
| Other amounts payable | 178/9 | €840,245 | €612,810 | -€227,435 | -27.1% |
| Amounts payable within one year | 42/48 | €62,422 | €47,182 | -€15,239 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €41,879 | €42,925 | +€1,046 | +2.5% |
| Trade debts | 44 | €9,823 | €648 | -€9,175 | -93.4% |
| Suppliers | 440/4 | €9,823 | €648 | -€9,175 | -93.4% |
| Taxes, remuneration and social security | 45 | €10,719 | €3,609 | -€7,110 | -66.3% |
| Taxes | 450/3 | €10,719 | €3,609 | -€7,110 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €239,197 | €250,727 | +€11,531 | +4.8% |
| Other operating charges | 640/8 | €95,545 | €7,422 | -€88,122 | -92.2% |
| Gross operating margin | 9900 | €353,437 | €314,690 | -€38,746 | -11.0% |
| Operating profit (loss) | 9901 | €18,695 | €56,541 | +€37,845 | +202.4% |
| Financial income | 75/76B | €180 | €12,471 | +€12,291 | +6828.4% |
| Recurring financial income | 75 | €180 | €4 | -€176 | -97.5% |
| Non-recurring financial income | 76B | - | €12,467 | +€12,467 | |
| Financial charges | 65/66B | €11,127 | €36,047 | +€24,919 | +223.9% |
| Recurring financial charges | 65 | €11,127 | €36,047 | +€24,919 | +223.9% |
| Profit (loss) for the period before taxes | 9903 | €7,748 | €32,965 | +€25,217 | +325.5% |
| Income taxes | 67/77 | - | €10,324 | +€10,324 | |
| Profit (loss) for the period | 9904 | €7,748 | €22,641 | +€14,893 | +192.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,748 | €22,641 | +€14,893 | +192.2% |
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 11 October 2026 via checked.be.