ALM CONSULT: 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.
ALM CONSULT
Largest movements
- Cash -€31,788
down €31,788 (-27.8%), from €114,537 to €82,749
mainly Contributions, distributions and other (-€34,000) and Tax, wage and social debts (-€26,801)
- Receivables within one year -€17,542
down €17,542 (-27.1%), from €64,711 to €47,169
of which Trade receivables: -€33,418
- Profit (loss) carried forward -€58,085
down €58,085 (-37.6%), from €154,652 to €96,566
- Other debts +€34,000
new in 2025: €34,000
- Tax, wage and social debts -€26,801
no longer reported in 2025 (was €26,801)
- Gross operating margin -€38,867
down €38,867, from €17,151 to -€21,716
- Taxes -€3,598
no longer reported in 2025 (was €3,598)
- Financial charges +€1,978
up €1,978 (+984%), from €201 to €2,179
- Financial income +€1,307
new in 2025: €1,307
- Depreciation +€391
up €391 (+76.6%), from €510 to €901
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €181,952 | €131,747 | -€50,205 | -27.6% |
| Fixed assets | 21/28 | €2,269 | €1,368 | -€901 | -39.7% |
| Tangible fixed assets | 22/27 | €1,906 | €1,005 | -€901 | -47.3% |
| Furniture and vehicles | 24 | €1,906 | €1,005 | -€901 | -47.3% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €179,683 | €130,379 | -€49,304 | -27.4% |
| Amounts receivable within one year | 40/41 | €64,711 | €47,169 | -€17,542 | -27.1% |
| Trade receivables | 40 | €33,418 | - | -€33,418 | |
| Other amounts receivable | 41 | €31,292 | €47,169 | +€15,876 | +50.7% |
| Cash at bank and in hand | 54/58 | €114,537 | €82,749 | -€31,788 | -27.8% |
| Deferred charges and accrued income | 490/1 | €435 | €461 | +€26 | +5.9% |
| Total equity and liabilities | 10/49 | €181,952 | €131,747 | -€50,205 | -27.6% |
| Equity | 10/15 | €155,152 | €97,066 | -€58,085 | -37.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,652 | €96,566 | -€58,085 | -37.6% |
| Amounts payable | 17/49 | €26,801 | €34,681 | +€7,880 | +29.4% |
| Amounts payable within one year | 42/48 | €26,801 | €34,681 | +€7,880 | +29.4% |
| Trade debts | 44 | - | €681 | +€681 | |
| Suppliers | 440/4 | - | €681 | +€681 | |
| Taxes, remuneration and social security | 45 | €26,801 | - | -€26,801 | |
| Taxes | 450/3 | €26,801 | - | -€26,801 | |
| Other amounts payable | 47/48 | - | €34,000 | +€34,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €901 | +€391 | +76.6% |
| Other operating charges | 640/8 | €275 | €596 | +€321 | +117% |
| Gross operating margin | 9900 | €17,151 | -€21,716 | -€38,867 | |
| Operating profit (loss) | 9901 | €16,365 | -€23,213 | -€39,579 | |
| Financial income | 75/76B | - | €1,307 | +€1,307 | |
| Recurring financial income | 75 | - | €1,307 | +€1,307 | |
| Financial charges | 65/66B | €201 | €2,179 | +€1,978 | +984% |
| Recurring financial charges | 65 | €201 | €2,179 | +€1,978 | +984% |
| Profit (loss) for the period before taxes | 9903 | €16,164 | -€24,085 | -€40,250 | |
| Income taxes | 67/77 | €3,598 | - | -€3,598 | |
| Profit (loss) for the period | 9904 | €12,566 | -€24,085 | -€36,652 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,566 | -€24,085 | -€36,652 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.