Alma Terra: what changed
What changed
Alma Terra
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
-€286,045
2023 · -€179,587-€106,458
Equity
-€3.4m
2023 · -€3.1m-€285,504
Cash
€38,254
2023 · €21,261+€16,993
Balance sheet total
€10.5m
2023 · €14.1m-€3.6m
Largest movements
Assets
- Receivables within one year -€3.4m
down €3.4m (-24.8%), from €13.6m to €10.3m
of which Trade receivables: -€1.9m
- Stocks and contracts -€168,090
down €168,090 (-46.2%), from €363,840 to €195,750
Equity and liabilities
- Debts after one year -€3.1m
down €3.1m (-32.4%), from €9.6m to €6.5m
of which Other amounts payable: -€3.1m
- Profit (loss) carried forward -€285,504
down €285,504 (-8.6%), from -€3.3m to -€3.6m
Income statement
- Gross operating margin -€247,555
down €247,555, from €182,993 to -€64,562
- Staff costs -€135,232
down €135,232 (-41.6%), from €325,315 to €190,083
- Other operating charges -€8,263
down €8,263 (-70.0%), from €11,812 to €3,549
- Financial charges +€5,446
up €5,446 (+322%), from €1,693 to €7,139
of which Non-recurring financial charges: +€6,867
- Depreciation -€5,287
down €5,287 (-20.7%), from €25,504 to €20,218
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€179,587
Gross operating margin
-€247,555
Staff costs
+€135,232
Depreciation
+€5,287
Write-downs
-€1,629
Other operating charges
+€8,263
Financial income
-€834
Financial charges
-€5,446
Taxes
+€224
Result 2024
-€286,045
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3.1m
Investment
+€10,595
Financing
-€3.1m
Cash 2023
€21,261
From operations (derived)
+€3.1m
Net result for the year
-€286,045
Depreciation
+€20,218
Stocks and contracts
+€168,090
Receivables within one year
+€3.4m
Deferred charges and accrued income
-€515
Trade debts
-€119,391
Tax, wage and social debts
-€40,901
Investment (derived)
+€10,595
Investment in fixed assets (net)
+€10,595
Financing
-€3.1m
Debts after one year
-€3.1m
Contributions, distributions and other
+€541
Cash 2024
€38,254
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,086,023 | €10,523,982 | -€3.6m | -25.3% |
| Fixed assets | 21/28 | €61,444 | €30,631 | -€30,813 | -50.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €59,194 | €28,381 | -€30,813 | -52.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €59,194 | €28,381 | -€30,813 | -52.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €14,024,580 | €10,493,351 | -€3.5m | -25.2% |
| Stocks and contracts in progress | 3 | €363,840 | €195,750 | -€168,090 | -46.2% |
| Stocks | 30/36 | €363,840 | €195,750 | -€168,090 | -46.2% |
| Amounts receivable within one year | 40/41 | €13,638,397 | €10,257,751 | -€3.4m | -24.8% |
| Trade receivables | 40 | €12,136,199 | €10,210,603 | -€1.9m | -15.9% |
| Other amounts receivable | 41 | €1,502,198 | €47,148 | -€1.5m | -96.9% |
| Cash at bank and in hand | 54/58 | €21,261 | €38,254 | +€16,993 | +79.9% |
| Deferred charges and accrued income | 490/1 | €1,082 | €1,597 | +€515 | +47.6% |
| Total equity and liabilities | 10/49 | €14,086,023 | €10,523,982 | -€3.6m | -25.3% |
| Equity | 10/15 | -€3,091,497 | -€3,377,002 | -€285,504 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,228 | €197,228 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €368 | €368 | = | 0.0% |
| Distributable reserves | 133 | €195,000 | €195,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,307,325 | -€3,592,829 | -€285,504 | -8.6% |
| Provisions and deferred taxes | 16 | €6,786,000 | €6,786,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,786,000 | €6,786,000 | = | 0.0% |
| Environmental obligations | 163 | €6,786,000 | €6,786,000 | = | 0.0% |
| Amounts payable | 17/49 | €10,391,521 | €7,114,984 | -€3.3m | -31.5% |
| Amounts payable after more than one year | 17 | €9,618,592 | €6,502,347 | -€3.1m | -32.4% |
| Financial debts | 170/4 | €50,500 | €50,500 | = | 0.0% |
| Other amounts payable | 178/9 | €9,568,092 | €6,451,847 | -€3.1m | -32.6% |
| Amounts payable within one year | 42/48 | €772,929 | €612,636 | -€160,292 | -20.7% |
| Trade debts | 44 | €587,396 | €468,004 | -€119,391 | -20.3% |
| Suppliers | 440/4 | €587,396 | €468,004 | -€119,391 | -20.3% |
| Taxes, remuneration and social security | 45 | €185,533 | €144,632 | -€40,901 | -22.0% |
| Taxes | 450/3 | €99,892 | €89,539 | -€10,354 | -10.4% |
| Remuneration and social security | 454/9 | €85,641 | €55,093 | -€30,547 | -35.7% |
| Non-recurring operating income | 76A | - | €3,281 | +€3,281 | |
| Remuneration, social security and pensions | 62 | €325,315 | €190,083 | -€135,232 | -41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,504 | €20,218 | -€5,287 | -20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,629 | - | +€1,629 | |
| Other operating charges | 640/8 | €11,812 | €3,549 | -€8,263 | -70.0% |
| Gross operating margin | 9900 | €182,993 | -€64,562 | -€247,555 | |
| Operating profit (loss) | 9901 | -€178,009 | -€278,412 | -€100,402 | -56.4% |
| Financial income | 75/76B | €834 | - | -€834 | |
| Recurring financial income | 75 | €834 | - | -€834 | |
| Financial charges | 65/66B | €1,693 | €7,139 | +€5,446 | +322% |
| Recurring financial charges | 65 | €1,693 | €272 | -€1,421 | -83.9% |
| Non-recurring financial charges | 66B | - | €6,867 | +€6,867 | |
| Profit (loss) for the period before taxes | 9903 | -€178,869 | -€285,551 | -€106,682 | -59.6% |
| Income taxes | 67/77 | €718 | €494 | -€224 | -31.2% |
| Profit (loss) for the period | 9904 | -€179,587 | -€286,045 | -€106,458 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€179,587 | -€286,045 | -€106,458 | -59.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.