ALGROZO: what changed
ALGROZO
Largest movements
- Receivables within one year -€910,635
down €910,635 (-86.5%), from €1.1m to €141,779
of which Other amounts receivable: -€900,185
- Cash +€45,641
up €45,641 (+82.5%), from €55,314 to €100,955
mainly Receivables within one year (+€910,635) and Debts after one year (+€25,211)
- Tangible fixed assets +€17,002
up €17,002 (+281%), from €6,044 to €23,046
of which Furniture and vehicles: +€11,999
- Trade debts -€772,648
down €772,648 (-98.6%), from €783,508 to €10,859
- Short-term financial debts -€90,000
no longer reported in 2025 (was €90,000)
- Debts after one year +€25,211
up €25,211 (+37.9%), from €66,494 to €91,705
- Accrued charges and deferred income -€19,890
no longer reported in 2025 (was €19,890)
- Reserves +€13,600
up €13,600 (+10.6%), from €128,429 to €142,029
of which Distributable reserves: +€13,600
- Staff costs +€16,018
up €16,018 (+471%), from €3,401 to €19,419
- Gross operating margin -€11,276
down €11,276 (-20.8%), from €54,287 to €43,010
- Financial charges -€7,362
down €7,362 (-70.4%), from €10,458 to €3,097
- Taxes -€6,715
down €6,715 (-64.2%), from €10,459 to €3,744
- Depreciation +€1,737
up €1,737 (+91.7%), from €1,895 to €3,632
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,121,262 | €274,256 | -€847,006 | -75.5% |
| Fixed assets | 21/28 | €6,044 | €23,046 | +€17,002 | +281% |
| Tangible fixed assets | 22/27 | €6,044 | €23,046 | +€17,002 | +281% |
| Plant, machinery and equipment | 23 | €6,044 | €11,047 | +€5,003 | +82.8% |
| Furniture and vehicles | 24 | - | €11,999 | +€11,999 | |
| Current assets | 29/58 | €1,115,218 | €251,210 | -€864,008 | -77.5% |
| Stocks and contracts in progress | 3 | €4,837 | €4,837 | = | 0.0% |
| Stocks | 30/36 | €4,837 | €4,837 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,052,413 | €141,779 | -€910,635 | -86.5% |
| Trade receivables | 40 | €150,743 | €140,293 | -€10,450 | -6.9% |
| Other amounts receivable | 41 | €901,670 | €1,486 | -€900,185 | -99.8% |
| Cash at bank and in hand | 54/58 | €55,314 | €100,955 | +€45,641 | +82.5% |
| Deferred charges and accrued income | 490/1 | €2,652 | €3,639 | +€987 | +37.2% |
| Total equity and liabilities | 10/49 | €1,121,262 | €274,256 | -€847,006 | -75.5% |
| Equity | 10/15 | €147,029 | €160,629 | +€13,600 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €128,429 | €142,029 | +€13,600 | +10.6% |
| Tax-exempt reserves | 132 | €5,500 | €5,500 | = | 0.0% |
| Distributable reserves | 133 | €122,929 | €136,529 | +€13,600 | +11.1% |
| Amounts payable | 17/49 | €974,233 | €113,627 | -€860,606 | -88.3% |
| Amounts payable after more than one year | 17 | €66,494 | €91,705 | +€25,211 | +37.9% |
| Other amounts payable | 178/9 | €66,494 | €91,705 | +€25,211 | +37.9% |
| Amounts payable within one year | 42/48 | €887,849 | €21,922 | -€865,927 | -97.5% |
| Financial debts | 43 | €90,000 | - | -€90,000 | |
| Other loans | 439 | €90,000 | - | -€90,000 | |
| Trade debts | 44 | €783,508 | €10,859 | -€772,648 | -98.6% |
| Suppliers | 440/4 | €783,508 | €10,859 | -€772,648 | -98.6% |
| Taxes, remuneration and social security | 45 | €14,341 | €11,062 | -€3,279 | -22.9% |
| Taxes | 450/3 | €10,459 | €4,193 | -€6,266 | -59.9% |
| Remuneration and social security | 454/9 | €3,882 | €6,869 | +€2,987 | +77.0% |
| Accrued charges and deferred income | 492/3 | €19,890 | - | -€19,890 | |
| Remuneration, social security and pensions | 62 | €3,401 | €19,419 | +€16,018 | +471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,895 | €3,632 | +€1,737 | +91.7% |
| Other operating charges | 640/8 | €724 | €926 | +€202 | +27.9% |
| Gross operating margin | 9900 | €54,287 | €43,010 | -€11,276 | -20.8% |
| Operating profit (loss) | 9901 | €48,267 | €19,032 | -€29,234 | -60.6% |
| Financial income | 75/76B | €1,058 | €1,408 | +€350 | +33.1% |
| Recurring financial income | 75 | €1,058 | €1,408 | +€350 | +33.1% |
| Financial charges | 65/66B | €10,458 | €3,097 | -€7,362 | -70.4% |
| Recurring financial charges | 65 | €10,458 | €3,097 | -€7,362 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €38,866 | €17,344 | -€21,522 | -55.4% |
| Income taxes | 67/77 | €10,459 | €3,744 | -€6,715 | -64.2% |
| Profit (loss) for the period | 9904 | €28,407 | €13,600 | -€14,807 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,407 | €13,600 | -€14,807 | -52.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.