ALMA: what changed
Two fiscal 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.
ALMA
Largest movements
- Cash +€7,200
up €7,200 (+86.0%), from €8,374 to €15,574
mainly Net result for the year (+€9,748) and Tax, wage and social debts (+€2,500)
- Receivables within one year +€4,438
up €4,438 (+93.4%), from €4,753 to €9,191
of which Trade receivables: +€4,438
- Reserves +€9,748
up €9,748 (+132.2%), from €7,371 to €17,119
of which Distributable reserves: +€8,048
- Tax, wage and social debts +€2,500
up €2,500 (+138.9%), from €1,800 to €4,300
- Gross operating margin +€6,986
up €6,986 (+84.1%), from €8,303 to €15,289
- Taxes +€2,510
up €2,510 (+139.4%), from €1,800 to €4,310
- Financial charges -€155
down €155 (-79.9%), from €194 to €39
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 | €126,434 | €138,072 | +€11,638 | +9.2% |
| Fixed assets | 21/28 | €113,307 | €113,307 | = | 0.0% |
| Tangible fixed assets | 22/27 | €113,307 | €113,307 | = | 0.0% |
| Land and buildings | 22 | €113,307 | €113,307 | = | 0.0% |
| Current assets | 29/58 | €13,127 | €24,765 | +€11,638 | +88.7% |
| Amounts receivable within one year | 40/41 | €4,753 | €9,191 | +€4,438 | +93.4% |
| Trade receivables | 40 | - | €4,438 | +€4,438 | |
| Other amounts receivable | 41 | €4,753 | €4,753 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,374 | €15,574 | +€7,200 | +86.0% |
| Total equity and liabilities | 10/49 | €126,434 | €138,072 | +€11,638 | +9.2% |
| Equity | 10/15 | €98,076 | €107,824 | +€9,748 | +9.9% |
| Contributions | 10/11 | €90,705 | €90,705 | = | 0.0% |
| Capital | 10 | €90,705 | €90,705 | = | 0.0% |
| Issued capital | 100 | €90,705 | €90,705 | = | 0.0% |
| Reserves | 13 | €7,371 | €17,119 | +€9,748 | +132.2% |
| Non-distributable reserves | 130/1 | €7,371 | €9,071 | +€1,700 | +23.1% |
| Legal reserve | 130 | €7,371 | €9,071 | +€1,700 | +23.1% |
| Distributable reserves | 133 | - | €8,048 | +€8,048 | |
| Amounts payable | 17/49 | €28,358 | €30,248 | +€1,890 | +6.7% |
| Amounts payable within one year | 42/48 | €27,748 | €30,248 | +€2,500 | +9.0% |
| Taxes, remuneration and social security | 45 | €1,800 | €4,300 | +€2,500 | +138.9% |
| Taxes | 450/3 | €1,800 | €4,300 | +€2,500 | +138.9% |
| Other amounts payable | 47/48 | €25,948 | €25,948 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €610 | - | -€610 | |
| Other operating charges | 640/8 | €1,172 | €1,192 | +€20 | +1.7% |
| Gross operating margin | 9900 | €8,303 | €15,289 | +€6,986 | +84.1% |
| Operating profit (loss) | 9901 | €7,131 | €14,097 | +€6,966 | +97.7% |
| Financial charges | 65/66B | €194 | €39 | -€155 | -79.9% |
| Recurring financial charges | 65 | €194 | €39 | -€155 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €6,937 | €14,058 | +€7,121 | +102.7% |
| Income taxes | 67/77 | €1,800 | €4,310 | +€2,510 | +139.4% |
| Profit (loss) for the period | 9904 | €5,137 | €9,748 | +€4,611 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,137 | €9,748 | +€4,611 | +89.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.