ALMACON: 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.
ALMACON
Largest movements
- Receivables within one year -€77,055
down €77,055 (-67.7%), from €113,739 to €36,684
of which Trade receivables: -€74,168
- Cash -€47,392
down €47,392 (-27.8%), from €170,230 to €122,837
mainly Net result for the year (-€67,086) and Contributions, distributions and other (-€32,991)
- Tangible fixed assets -€21,505
down €21,505 (-20.5%), from €105,041 to €83,536
of which Furniture and vehicles: -€12,103
- Current investments +€20,000
new in 2025: €20,000
- Profit (loss) carried forward -€67,086
down €67,086, from €0 to -€67,086
- Reserves -€32,991
down €32,991 (-10.9%), from €303,188 to €270,197
- Other debts -€31,908
down €31,908 (-49.2%), from €64,899 to €32,991
- Trade debts +€6,433
up €6,433 (+46.7%), from €13,766 to €20,199
- Gross operating margin -€201,563
down €201,563, from €164,261 to -€37,302
- Taxes -€40,962
down €40,962 (-97.6%), from €41,956 to €993
- Depreciation +€6,319
up €6,319 (+35.9%), from €17,607 to €23,926
- Other operating charges -€6,105
down €6,105 (-80.1%), from €7,625 to €1,520
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 | €414,032 | €285,857 | -€128,175 | -31.0% |
| Fixed assets | 21/28 | €105,041 | €83,536 | -€21,505 | -20.5% |
| Tangible fixed assets | 22/27 | €105,041 | €83,536 | -€21,505 | -20.5% |
| Plant, machinery and equipment | 23 | €478 | €0 | -€478 | -100% |
| Furniture and vehicles | 24 | €55,857 | €43,754 | -€12,103 | -21.7% |
| Other tangible fixed assets | 26 | €48,706 | €39,782 | -€8,924 | -18.3% |
| Current assets | 29/58 | €308,991 | €202,321 | -€106,670 | -34.5% |
| Amounts receivable within one year | 40/41 | €113,739 | €36,684 | -€77,055 | -67.7% |
| Trade receivables | 40 | €106,938 | €32,770 | -€74,168 | -69.4% |
| Other amounts receivable | 41 | €6,801 | €3,914 | -€2,887 | -42.5% |
| Current investments | 50/53 | - | €20,000 | +€20,000 | |
| Cash at bank and in hand | 54/58 | €170,230 | €122,837 | -€47,392 | -27.8% |
| Deferred charges and accrued income | 490/1 | €25,022 | €22,799 | -€2,222 | -8.9% |
| Total equity and liabilities | 10/49 | €414,032 | €285,857 | -€128,175 | -31.0% |
| Equity | 10/15 | €309,388 | €209,311 | -€100,077 | -32.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €303,188 | €270,197 | -€32,991 | -10.9% |
| Distributable reserves | 133 | €303,188 | €270,197 | -€32,991 | -10.9% |
| Profit (loss) carried forward | 14 | €0 | -€67,086 | -€67,086 | |
| Amounts payable | 17/49 | €104,643 | €76,545 | -€28,098 | -26.9% |
| Amounts payable within one year | 42/48 | €104,643 | €76,545 | -€28,098 | -26.9% |
| Trade debts | 44 | €13,766 | €20,199 | +€6,433 | +46.7% |
| Suppliers | 440/4 | €13,766 | €20,199 | +€6,433 | +46.7% |
| Taxes, remuneration and social security | 45 | €25,978 | €23,355 | -€2,624 | -10.1% |
| Taxes | 450/3 | €18,475 | €16,370 | -€2,105 | -11.4% |
| Remuneration and social security | 454/9 | €7,504 | €6,985 | -€519 | -6.9% |
| Other amounts payable | 47/48 | €64,899 | €32,991 | -€31,908 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,607 | €23,926 | +€6,319 | +35.9% |
| Other operating charges | 640/8 | €7,625 | €1,520 | -€6,105 | -80.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €164,261 | -€37,302 | -€201,563 | |
| Operating profit (loss) | 9901 | €139,029 | -€62,748 | -€201,777 | |
| Financial income | 75/76B | €1,097 | €1,835 | +€738 | +67.3% |
| Recurring financial income | 75 | €1,097 | €1,835 | +€738 | +67.3% |
| Financial charges | 65/66B | €3,890 | €5,179 | +€1,289 | +33.1% |
| Recurring financial charges | 65 | €3,890 | €5,179 | +€1,289 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €136,235 | -€66,092 | -€202,328 | |
| Income taxes | 67/77 | €41,956 | €993 | -€40,962 | -97.6% |
| Profit (loss) for the period | 9904 | €94,280 | -€67,086 | -€161,366 | |
| Profit (loss) for the period to be appropriated | 9905 | €94,280 | -€67,086 | -€161,366 |
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 14 October 2026 via checked.be.