ALGROEP MEER: 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.
What changed
ALGROEP MEER
NACE 82.100, Office administrative and support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€20,966
2024 · -€7,102+€28,068
Equity
€11.6m
2024 · €11.6m+€20,966
Cash
€4.3m
2024 · €3.3m+€1.0m
Balance sheet total
€18.2m
2024 · €18.1m+€129,858
Largest movements
Assets
- Cash +€1.0m
up €1.0m (+30.5%), from €3.3m to €4.3m
mainly Receivables within one year (+€612,091) and Depreciation (+€220,019)
- Receivables within one year -€612,091
down €612,091 (-11.4%), from €5.4m to €4.8m
of which Other amounts receivable: -€697,917
- Tangible fixed assets -€220,019
down €220,019 (-7.7%), from €2.9m to €2.7m
of which Land and buildings: -€135,666
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€33,844
up €33,844 (+7.3%), from €464,225 to €498,069
- Financial income +€13,888
up €13,888 (+10.4%), from €133,724 to €147,612
- Staff costs +€8,818
up €8,818 (+7.1%), from €124,233 to €133,052
- Taxes +€8,733
up €8,733 (+27.6%), from €31,672 to €40,405
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.
Result 2024
-€7,102
Gross operating margin
+€33,844
Staff costs
-€8,818
Other operating charges
+€704
Financial income
+€13,888
Financial charges
-€2,079
Taxes
-€8,733
Deferred taxes and other
-€738
Result 2025
€20,966
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.1m
Investment
€0
Financing
-€50,281
Cash 2024
€3.3m
From operations (derived)
+€1.1m
Net result for the year
+€20,966
Depreciation
+€220,019
Receivables after one year
+€41,669
Receivables within one year
+€612,091
Provisions
-€32,104
Trade debts
-€2,551
Tax, wage and social debts
+€68,639
Other debts
+€90,914
Accrued charges and deferred income
+€34,275
Financing
-€50,281
Debts after one year
-€50,913
Current portion of long-term debt
+€632
Cash 2025
€4.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,110,335 | €18,240,192 | +€129,858 | +0.7% |
| Fixed assets | 21/28 | €9,261,186 | €9,041,168 | -€220,019 | -2.4% |
| Tangible fixed assets | 22/27 | €2,872,186 | €2,652,167 | -€220,019 | -7.7% |
| Land and buildings | 22 | €2,517,096 | €2,381,430 | -€135,666 | -5.4% |
| Plant, machinery and equipment | 23 | €347,710 | €268,682 | -€79,028 | -22.7% |
| Furniture and vehicles | 24 | €7,380 | €2,056 | -€5,324 | -72.1% |
| Financial fixed assets | 28 | €6,389,000 | €6,389,000 | = | 0.0% |
| Current assets | 29/58 | €8,849,148 | €9,199,025 | +€349,876 | +4.0% |
| Amounts receivable after more than one year | 29 | €187,834 | €146,165 | -€41,669 | -22.2% |
| Other amounts receivable | 291 | €187,834 | €146,165 | -€41,669 | -22.2% |
| Amounts receivable within one year | 40/41 | €5,372,114 | €4,760,023 | -€612,091 | -11.4% |
| Trade receivables | 40 | €19,191 | €105,016 | +€85,826 | +447% |
| Other amounts receivable | 41 | €5,352,923 | €4,655,006 | -€697,917 | -13.0% |
| Cash at bank and in hand | 54/58 | €3,289,200 | €4,292,837 | +€1.0m | +30.5% |
| Total equity and liabilities | 10/49 | €18,110,335 | €18,240,192 | +€129,858 | +0.7% |
| Equity | 10/15 | €11,604,894 | €11,625,860 | +€20,966 | +0.2% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €791,053 | €694,743 | -€96,311 | -12.2% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €599,640 | €503,329 | -€96,311 | -16.1% |
| Distributable reserves | 133 | €184,214 | €184,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,741,841 | €10,859,117 | +€117,276 | +1.1% |
| Provisions and deferred taxes | 16 | €278,035 | €245,932 | -€32,104 | -11.5% |
| Deferred taxes | 168 | €278,035 | €245,932 | -€32,104 | -11.5% |
| Amounts payable | 17/49 | €6,227,405 | €6,368,401 | +€140,996 | +2.3% |
| Amounts payable after more than one year | 17 | €207,525 | €156,612 | -€50,913 | -24.5% |
| Financial debts | 170/4 | €207,525 | €156,612 | -€50,913 | -24.5% |
| Amounts payable within one year | 42/48 | €6,019,155 | €6,176,789 | +€157,634 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €50,281 | €50,913 | +€632 | +1.3% |
| Trade debts | 44 | €5,190 | €2,638 | -€2,551 | -49.2% |
| Suppliers | 440/4 | €5,190 | €2,638 | -€2,551 | -49.2% |
| Taxes, remuneration and social security | 45 | €109,328 | €177,967 | +€68,639 | +62.8% |
| Taxes | 450/3 | €91,823 | €164,426 | +€72,603 | +79.1% |
| Remuneration and social security | 454/9 | €17,505 | €13,541 | -€3,964 | -22.6% |
| Other amounts payable | 47/48 | €5,854,356 | €5,945,270 | +€90,914 | +1.6% |
| Accrued charges and deferred income | 492/3 | €725 | €35,000 | +€34,275 | +4,728% |
| Remuneration, social security and pensions | 62 | €124,233 | €133,052 | +€8,818 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220,019 | €220,019 | = | 0.0% |
| Other operating charges | 640/8 | €27,432 | €26,728 | -€704 | -2.6% |
| Gross operating margin | 9900 | €464,225 | €498,069 | +€33,844 | +7.3% |
| Operating profit (loss) | 9901 | €92,541 | €118,271 | +€25,729 | +27.8% |
| Financial income | 75/76B | €133,724 | €147,612 | +€13,888 | +10.4% |
| Recurring financial income | 75 | €133,724 | €147,612 | +€13,888 | +10.4% |
| Financial charges | 65/66B | €234,536 | €236,615 | +€2,079 | +0.9% |
| Recurring financial charges | 65 | €234,536 | €236,615 | +€2,079 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,271 | €29,267 | +€37,538 | |
| Transfer from deferred taxes | 780 | €32,841 | €32,104 | -€738 | -2.2% |
| Income taxes | 67/77 | €31,672 | €40,405 | +€8,733 | +27.6% |
| Profit (loss) for the period | 9904 | -€7,102 | €20,966 | +€28,068 | |
| Transfer from tax-exempt reserves | 789 | €98,523 | €96,311 | -€2,213 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,421 | €117,276 | +€25,855 | +28.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.