ALGUN SR: what changed
ALGUN SR
Largest movements
- Cash +€49,951
up €49,951 (+159%), from €31,440 to €81,391
mainly Trade debts (+€41,982) and Stocks and contracts (+€28,157)
- Stocks and contracts -€28,157
down €28,157 (-29.9%), from €94,294 to €66,137
- Receivables within one year +€7,838
up €7,838 (+83.9%), from €9,347 to €17,185
of which Trade receivables: +€5,219
- Tangible fixed assets -€2,280
down €2,280 (-29.5%), from €7,735 to €5,456
of which Plant, machinery and equipment: -€1,163
- Trade debts +€41,982
up €41,982 (+41.6%), from €100,857 to €142,839
- Debts after one year -€13,547
down €13,547 (-33.3%), from €40,643 to €27,096
- Profit (loss) carried forward -€9,726
down €9,726 (-15.6%), from -€62,439 to -€72,165
- Tax, wage and social debts +€4,600
up €4,600 (+13.6%), from €33,835 to €38,435
of which Remuneration and social security: +€7,415
- Other debts +€4,043
up €4,043 (+7.8%), from €51,850 to €55,893
- Gross operating margin +€42,390
up €42,390 (+23.4%), from €181,293 to €223,683
- Staff costs -€26,871
down €26,871 (-10.7%), from €251,450 to €224,579
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 | €188,293 | €215,646 | +€27,353 | +14.5% |
| Fixed assets | 21/28 | €51,160 | €48,881 | -€2,280 | -4.5% |
| Tangible fixed assets | 22/27 | €7,735 | €5,456 | -€2,280 | -29.5% |
| Plant, machinery and equipment | 23 | €4,450 | €3,287 | -€1,163 | -26.1% |
| Furniture and vehicles | 24 | €3,285 | €2,168 | -€1,117 | -34.0% |
| Financial fixed assets | 28 | €43,425 | €43,425 | = | 0.0% |
| Current assets | 29/58 | €137,133 | €166,765 | +€29,632 | +21.6% |
| Stocks and contracts in progress | 3 | €94,294 | €66,137 | -€28,157 | -29.9% |
| Stocks | 30/36 | €94,294 | €66,137 | -€28,157 | -29.9% |
| Amounts receivable within one year | 40/41 | €9,347 | €17,185 | +€7,838 | +83.9% |
| Trade receivables | 40 | €1 | €5,220 | +€5,219 | +521,900% |
| Other amounts receivable | 41 | €9,346 | €11,965 | +€2,619 | +28.0% |
| Current investments | 50/53 | €2,052 | €2,052 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,440 | €81,391 | +€49,951 | +159% |
| Total equity and liabilities | 10/49 | €188,293 | €215,646 | +€27,353 | +14.5% |
| Equity | 10/15 | -€52,439 | -€62,165 | -€9,726 | -18.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,439 | -€72,165 | -€9,726 | -15.6% |
| Amounts payable | 17/49 | €240,732 | €277,811 | +€37,078 | +15.4% |
| Amounts payable after more than one year | 17 | €40,643 | €27,096 | -€13,547 | -33.3% |
| Financial debts | 170/4 | €40,643 | €27,096 | -€13,547 | -33.3% |
| Amounts payable within one year | 42/48 | €200,089 | €250,715 | +€50,626 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €13,547 | €13,547 | = | 0.0% |
| Trade debts | 44 | €100,857 | €142,839 | +€41,982 | +41.6% |
| Suppliers | 440/4 | €100,857 | €142,839 | +€41,982 | +41.6% |
| Taxes, remuneration and social security | 45 | €33,835 | €38,435 | +€4,600 | +13.6% |
| Taxes | 450/3 | €6,417 | €3,602 | -€2,815 | -43.9% |
| Remuneration and social security | 454/9 | €27,419 | €34,834 | +€7,415 | +27.0% |
| Other amounts payable | 47/48 | €51,850 | €55,893 | +€4,043 | +7.8% |
| Remuneration, social security and pensions | 62 | €251,450 | €224,579 | -€26,871 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,096 | €2,280 | +€184 | +8.8% |
| Other operating charges | 640/8 | €3,937 | €2,972 | -€965 | -24.5% |
| Gross operating margin | 9900 | €181,293 | €223,683 | +€42,390 | +23.4% |
| Operating profit (loss) | 9901 | -€76,190 | -€6,148 | +€70,042 | +91.9% |
| Financial income | 75/76B | €17 | €0 | -€17 | -98.5% |
| Recurring financial income | 75 | €17 | €0 | -€17 | -98.5% |
| Financial charges | 65/66B | €3,243 | €3,596 | +€352 | +10.9% |
| Recurring financial charges | 65 | €3,243 | €3,596 | +€352 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | -€79,416 | -€9,743 | +€69,673 | +87.7% |
| Income taxes | 67/77 | - | -€17 | -€17 | |
| Profit (loss) for the period | 9904 | -€79,416 | -€9,726 | +€69,690 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€79,416 | -€9,726 | +€69,690 | +87.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.