ALMAC 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.
ALMAC CONSULT
Largest movements
- Cash -€42,563
down €42,563 (-55.7%), from €76,406 to €33,843
mainly Receivables within one year (-€26,435) and Tax, wage and social debts (-€20,000)
- Receivables within one year +€26,435
up €26,435 (+17.7%), from €149,341 to €175,776
of which Other amounts receivable: +€25,627
- Tangible fixed assets -€5,027
down €5,027 (-4.5%), from €111,778 to €106,751
of which Furniture and vehicles: -€4,045
- Tax, wage and social debts -€20,000
down €20,000 (-74.7%), from €26,787 to €6,787
of which Taxes: -€20,000
- Debts after one year -€5,791
down €5,791 (-8.3%), from €69,361 to €63,570
- Trade debts +€3,611
up €3,611 (+115%), from €3,129 to €6,740
- Gross operating margin -€95,874
down €95,874 (-89.2%), from €107,481 to €11,608
- Taxes -€31,008
down €31,008 (-92.9%), from €33,385 to €2,377
- Financial charges -€1,461
down €1,461 (-92.3%), from €1,583 to €122
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 | €338,970 | €317,509 | -€21,461 | -6.3% |
| Fixed assets | 21/28 | €112,047 | €107,021 | -€5,027 | -4.5% |
| Tangible fixed assets | 22/27 | €111,778 | €106,751 | -€5,027 | -4.5% |
| Land and buildings | 22 | €91,548 | €88,366 | -€3,182 | -3.5% |
| Furniture and vehicles | 24 | €17,730 | €13,685 | -€4,045 | -22.8% |
| Other tangible fixed assets | 26 | €2,500 | €4,700 | +€2,200 | +88.0% |
| Financial fixed assets | 28 | €269 | €269 | = | 0.0% |
| Current assets | 29/58 | €226,923 | €210,488 | -€16,434 | -7.2% |
| Amounts receivable within one year | 40/41 | €149,341 | €175,776 | +€26,435 | +17.7% |
| Trade receivables | 40 | €7,260 | €8,069 | +€809 | +11.1% |
| Other amounts receivable | 41 | €142,081 | €167,708 | +€25,627 | +18.0% |
| Cash at bank and in hand | 54/58 | €76,406 | €33,843 | -€42,563 | -55.7% |
| Deferred charges and accrued income | 490/1 | €1,175 | €869 | -€307 | -26.1% |
| Total equity and liabilities | 10/49 | €338,970 | €317,509 | -€21,461 | -6.3% |
| Equity | 10/15 | €233,410 | €234,130 | +€719 | +0.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €63,346 | €64,065 | +€719 | +1.1% |
| Distributable reserves | 133 | €63,346 | €64,065 | +€719 | +1.1% |
| Profit (loss) carried forward | 14 | €162,004 | €162,004 | +€0 | 0.0% |
| Amounts payable | 17/49 | €105,560 | €83,379 | -€22,181 | -21.0% |
| Amounts payable after more than one year | 17 | €69,361 | €63,570 | -€5,791 | -8.3% |
| Financial debts | 170/4 | €69,361 | €63,570 | -€5,791 | -8.3% |
| Amounts payable within one year | 42/48 | €36,199 | €19,810 | -€16,389 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | €6,282 | €6,282 | = | 0.0% |
| Trade debts | 44 | €3,129 | €6,740 | +€3,611 | +115% |
| Suppliers | 440/4 | €3,129 | €6,740 | +€3,611 | +115% |
| Taxes, remuneration and social security | 45 | €26,787 | €6,787 | -€20,000 | -74.7% |
| Taxes | 450/3 | €26,621 | €6,621 | -€20,000 | -75.1% |
| Remuneration and social security | 454/9 | €166 | €166 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,433 | €7,227 | -€206 | -2.8% |
| Other operating charges | 640/8 | €1,737 | €1,164 | -€573 | -33.0% |
| Gross operating margin | 9900 | €107,481 | €11,608 | -€95,874 | -89.2% |
| Operating profit (loss) | 9901 | €98,311 | €3,217 | -€95,094 | -96.7% |
| Financial income | 75/76B | €3 | €1 | -€2 | -57.3% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -57.3% |
| Financial charges | 65/66B | €1,583 | €122 | -€1,461 | -92.3% |
| Recurring financial charges | 65 | €1,583 | €122 | -€1,461 | -92.3% |
| Profit (loss) for the period before taxes | 9903 | €96,731 | €3,097 | -€93,635 | -96.8% |
| Income taxes | 67/77 | €33,385 | €2,377 | -€31,008 | -92.9% |
| Profit (loss) for the period | 9904 | €63,346 | €719 | -€62,627 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,346 | €719 | -€62,627 | -98.9% |
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 16 October 2026 via checked.be.