ALMACO: 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.
ALMACO
Largest movements
- Cash -€121,588
down €121,588 (-14.4%), from €843,350 to €721,762
mainly Tax, wage and social debts (-€126,275) and Net result for the year (-€1,263)
- Tax, wage and social debts -€126,275
no longer reported in 2025 (was €126,275)
- Financial income +€7,365
new in 2025: €7,365
- Provisions +€6,000
new in 2025: €6,000
- Gross operating margin -€245
down €245 (-12.1%), from -€2,020 to -€2,266
- Financial charges +€131
up €131 (+56.8%), from €231 to €362
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 | €1,452,258 | €1,330,671 | -€121,588 | -8.4% |
| Current assets | 29/58 | €1,452,258 | €1,330,671 | -€121,588 | -8.4% |
| Amounts receivable within one year | 40/41 | €92,455 | €92,455 | = | 0.0% |
| Other amounts receivable | 41 | €92,455 | €92,455 | = | 0.0% |
| Current investments | 50/53 | €516,454 | €516,454 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €843,350 | €721,762 | -€121,588 | -14.4% |
| Total equity and liabilities | 10/49 | €1,452,258 | €1,330,671 | -€121,588 | -8.4% |
| Equity | 10/15 | €1,325,933 | €1,324,671 | -€1,263 | -0.1% |
| Contributions | 10/11 | €87,000 | €87,000 | = | 0.0% |
| Capital | 10 | €87,000 | €87,000 | = | 0.0% |
| Issued capital | 100 | €87,000 | €87,000 | = | 0.0% |
| Reserves | 13 | €375,947 | €375,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €123,947 | €123,947 | = | 0.0% |
| Legal reserve | 130 | €123,947 | €123,947 | = | 0.0% |
| Distributable reserves | 133 | €252,000 | €252,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €862,987 | €861,724 | -€1,263 | -0.1% |
| Provisions and deferred taxes | 16 | - | €6,000 | +€6,000 | |
| Provisions for liabilities and charges | 160/5 | - | €6,000 | +€6,000 | |
| Other liabilities and charges | 164/5 | - | €6,000 | +€6,000 | |
| Amounts payable | 17/49 | €126,325 | - | -€126,325 | |
| Amounts payable within one year | 42/48 | €126,325 | - | -€126,325 | |
| Financial debts | 43 | €50 | - | -€50 | |
| Credit institutions | 430/8 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €126,275 | - | -€126,275 | |
| Taxes | 450/3 | €126,275 | - | -€126,275 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €6,000 | +€6,000 | |
| Gross operating margin | 9900 | -€2,020 | -€2,266 | -€245 | -12.1% |
| Operating profit (loss) | 9901 | -€2,020 | -€8,266 | -€6,245 | -309.1% |
| Financial income | 75/76B | - | €7,365 | +€7,365 | |
| Recurring financial income | 75 | - | €7,365 | +€7,365 | |
| Financial charges | 65/66B | €231 | €362 | +€131 | +56.8% |
| Recurring financial charges | 65 | €231 | €362 | +€131 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,251 | -€1,263 | +€988 | +43.9% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€2,251 | -€1,263 | +€988 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,251 | -€1,263 | +€988 | +43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.