ALM CONSULTING: 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 CONSULTING
Largest movements
- Cash -€12,183
down €12,183 (-45.7%), from €26,638 to €14,456
mainly Other debts (-€28,068) and Tax, wage and social debts (-€5,147)
- Tangible fixed assets -€2,606
down €2,606 (-17.7%), from €14,706 to €12,099
- Receivables within one year +€608
up €608 (+8.3%), from €7,360 to €7,968
of which Trade receivables: +€2,201
- Other debts -€28,068
down €28,068 (-86.7%), from €32,392 to €4,324
- Reserves +€14,410
new in 2025: €14,410
- Tax, wage and social debts -€5,147
down €5,147 (-51.4%), from €10,008 to €4,861
- Trade debts +€4,622
up €4,622 (+4,583%), from €101 to €4,722
- Gross operating margin +€7,737
up €7,737 (+44.5%), from €17,377 to €25,114
- Taxes +€2,572
up €2,572 (+76.6%), from €3,357 to €5,929
- Depreciation +€2,320
up €2,320 (+110%), from €2,104 to €4,424
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 | €50,204 | €36,023 | -€14,181 | -28.2% |
| Fixed assets | 21/28 | €16,206 | €13,599 | -€2,606 | -16.1% |
| Tangible fixed assets | 22/27 | €14,706 | €12,099 | -€2,606 | -17.7% |
| Furniture and vehicles | 24 | €14,706 | €12,099 | -€2,606 | -17.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €33,998 | €22,423 | -€11,575 | -34.0% |
| Amounts receivable within one year | 40/41 | €7,360 | €7,968 | +€608 | +8.3% |
| Trade receivables | 40 | €5,693 | €7,894 | +€2,201 | +38.7% |
| Other amounts receivable | 41 | €1,667 | €74 | -€1,593 | -95.6% |
| Cash at bank and in hand | 54/58 | €26,638 | €14,456 | -€12,183 | -45.7% |
| Total equity and liabilities | 10/49 | €50,204 | €36,023 | -€14,181 | -28.2% |
| Equity | 10/15 | €7,577 | €21,987 | +€14,410 | +190% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €14,410 | +€14,410 | |
| Distributable reserves | 133 | - | €14,410 | +€14,410 | |
| Profit (loss) carried forward | 14 | -€10,973 | -€10,973 | = | 0.0% |
| Amounts payable | 17/49 | €42,627 | €14,035 | -€28,592 | -67.1% |
| Amounts payable within one year | 42/48 | €42,501 | €13,907 | -€28,594 | -67.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €101 | €4,722 | +€4,622 | +4,583% |
| Suppliers | 440/4 | €101 | €4,722 | +€4,622 | +4,583% |
| Taxes, remuneration and social security | 45 | €10,008 | €4,861 | -€5,147 | -51.4% |
| Taxes | 450/3 | €10,008 | €4,861 | -€5,147 | -51.4% |
| Other amounts payable | 47/48 | €32,392 | €4,324 | -€28,068 | -86.7% |
| Accrued charges and deferred income | 492/3 | €126 | €128 | +€2 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,104 | €4,424 | +€2,320 | +110% |
| Other operating charges | 640/8 | €258 | €260 | +€2 | +0.8% |
| Gross operating margin | 9900 | €17,377 | €25,114 | +€7,737 | +44.5% |
| Operating profit (loss) | 9901 | €15,016 | €20,430 | +€5,415 | +36.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €113 | €91 | -€22 | -19.4% |
| Recurring financial charges | 65 | €113 | €91 | -€22 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €14,903 | €20,339 | +€5,436 | +36.5% |
| Income taxes | 67/77 | €3,357 | €5,929 | +€2,572 | +76.6% |
| Profit (loss) for the period | 9904 | €11,546 | €14,410 | +€2,865 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,546 | €14,410 | +€2,865 | +24.8% |
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 26 October 2026 via checked.be.