ALGRON: 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.
ALGRON
Largest movements
- Receivables within one year -€30,509
down €30,509 (-96.9%), from €31,482 to €973
- Cash +€27,500
up €27,500 (+8879.7%), from €310 to €27,809
mainly Receivables within one year (+€30,509) and Other debts (+€11,725)
- Profit (loss) carried forward -€17,368
down €17,368 (-628.0%), from -€2,766 to -€20,134
- Financial charges -€12,033
down €12,033 (-95.4%), from €12,614 to €581
of which Non-recurring financial charges: -€11,820
- Depreciation -€9,796
down €9,796 (-66.7%), from €14,694 to €4,898
- Gross operating margin -€9,054
down €9,054 (-2124.2%), from -€426 to -€9,480
- Other operating charges -€2,295
down €2,295 (-48.8%), from €4,704 to €2,410
- Financial income -€1,178
no longer reported in 2025 (was €1,178)
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 | €1,212,462 | €1,203,781 | -€8,681 | -0.7% |
| Fixed assets | 21/28 | €651,175 | €646,277 | -€4,898 | -0.8% |
| Tangible fixed assets | 22/27 | €651,175 | €646,277 | -€4,898 | -0.8% |
| Land and buildings | 22 | €651,175 | €646,277 | -€4,898 | -0.8% |
| Current assets | 29/58 | €561,287 | €557,504 | -€3,783 | -0.7% |
| Stocks and contracts in progress | 3 | €528,115 | €528,115 | = | 0.0% |
| Stocks | 30/36 | €528,115 | €528,115 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,482 | €973 | -€30,509 | -96.9% |
| Other amounts receivable | 41 | €31,482 | €973 | -€30,509 | -96.9% |
| Cash at bank and in hand | 54/58 | €310 | €27,809 | +€27,500 | +8879.7% |
| Deferred charges and accrued income | 490/1 | €1,380 | €606 | -€774 | -56.1% |
| Total equity and liabilities | 10/49 | €1,212,462 | €1,203,781 | -€8,681 | -0.7% |
| Equity | 10/15 | €1,208,075 | €1,190,707 | -€17,368 | -1.4% |
| Contributions | 10/11 | €1,161,644 | €1,161,644 | = | 0.0% |
| Capital | 10 | €1,161,644 | €1,161,644 | = | 0.0% |
| Issued capital | 100 | €1,161,644 | €1,161,644 | = | 0.0% |
| Reserves | 13 | €49,196 | €49,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,196 | €49,196 | = | 0.0% |
| Legal reserve | 130 | €49,196 | €49,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,766 | -€20,134 | -€17,368 | -628.0% |
| Amounts payable | 17/49 | €4,387 | €13,074 | +€8,687 | +198.0% |
| Amounts payable within one year | 42/48 | €3,590 | €13,074 | +€9,484 | +264.2% |
| Trade debts | 44 | €2,393 | €375 | -€2,018 | -84.3% |
| Suppliers | 440/4 | €2,393 | €375 | -€2,018 | -84.3% |
| Taxes, remuneration and social security | 45 | €223 | - | -€223 | |
| Taxes | 450/3 | €223 | - | -€223 | |
| Other amounts payable | 47/48 | €974 | €12,699 | +€11,725 | +1204.3% |
| Accrued charges and deferred income | 492/3 | €797 | - | -€797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,694 | €4,898 | -€9,796 | -66.7% |
| Other operating charges | 640/8 | €4,704 | €2,410 | -€2,295 | -48.8% |
| Gross operating margin | 9900 | -€426 | -€9,480 | -€9,054 | -2124.2% |
| Operating profit (loss) | 9901 | -€19,824 | -€16,787 | +€3,037 | +15.3% |
| Financial income | 75/76B | €1,178 | - | -€1,178 | |
| Recurring financial income | 75 | €1,178 | - | -€1,178 | |
| Financial charges | 65/66B | €12,614 | €581 | -€12,033 | -95.4% |
| Recurring financial charges | 65 | €794 | €581 | -€213 | -26.9% |
| Non-recurring financial charges | 66B | €11,820 | - | -€11,820 | |
| Profit (loss) for the period before taxes | 9903 | -€31,260 | -€17,368 | +€13,892 | +44.4% |
| Profit (loss) for the period | 9904 | -€31,260 | -€17,368 | +€13,892 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,260 | -€17,368 | +€13,892 | +44.4% |
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.