ALMAFA: 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.
ALMAFA
Largest movements
- Receivables within one year -€48,403
down €48,403 (-81.7%), from €59,223 to €10,820
of which Trade receivables: -€53,553
- Stocks and contracts -€15,756
down €15,756 (-35.3%), from €44,651 to €28,895
- Cash +€2,449
up €2,449 (+167.2%), from €1,465 to €3,914
mainly Receivables within one year (+€48,403) and Stocks and contracts (+€15,756)
- Other debts -€35,875
down €35,875 (-48.4%), from €74,090 to €38,216
- Trade debts -€33,283
down €33,283 (-55.7%), from €59,793 to €26,510
- Profit (loss) carried forward +€7,380
up €7,380 (+12.9%), from -€57,022 to -€49,642
- Staff costs -€3,343
down €3,343 (-91.0%), from €3,674 to €332
- Gross operating margin +€2,083
up €2,083 (+17.7%), from €11,799 to €13,882
- Other operating charges -€1,393
down €1,393 (-23.9%), from €5,834 to €4,440
- Financial income -€509
no longer reported in 2024 (was €509)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,802 | €45,092 | -€61,710 | -57.8% |
| Fixed assets | 21/28 | €1,463 | €1,463 | = | 0.0% |
| Financial fixed assets | 28 | €1,463 | €1,463 | = | 0.0% |
| Current assets | 29/58 | €105,339 | €43,629 | -€61,710 | -58.6% |
| Stocks and contracts in progress | 3 | €44,651 | €28,895 | -€15,756 | -35.3% |
| Stocks | 30/36 | €44,651 | €28,895 | -€15,756 | -35.3% |
| Amounts receivable within one year | 40/41 | €59,223 | €10,820 | -€48,403 | -81.7% |
| Trade receivables | 40 | €58,595 | €5,042 | -€53,553 | -91.4% |
| Other amounts receivable | 41 | €629 | €5,778 | +€5,150 | +819.2% |
| Cash at bank and in hand | 54/58 | €1,465 | €3,914 | +€2,449 | +167.2% |
| Total equity and liabilities | 10/49 | €106,802 | €45,092 | -€61,710 | -57.8% |
| Equity | 10/15 | -€29,753 | -€22,373 | +€7,380 | +24.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,022 | -€49,642 | +€7,380 | +12.9% |
| Amounts payable | 17/49 | €136,555 | €67,466 | -€69,090 | -50.6% |
| Amounts payable within one year | 42/48 | €136,555 | €67,466 | -€69,090 | -50.6% |
| Trade debts | 44 | €59,793 | €26,510 | -€33,283 | -55.7% |
| Suppliers | 440/4 | €59,793 | €26,510 | -€33,283 | -55.7% |
| Taxes, remuneration and social security | 45 | €2,672 | €2,740 | +€68 | +2.5% |
| Taxes | 450/3 | €2,107 | €2,740 | +€633 | +30.1% |
| Remuneration and social security | 454/9 | €565 | - | -€565 | |
| Other amounts payable | 47/48 | €74,090 | €38,216 | -€35,875 | -48.4% |
| Remuneration, social security and pensions | 62 | €3,674 | €332 | -€3,343 | -91.0% |
| Other operating charges | 640/8 | €5,834 | €4,440 | -€1,393 | -23.9% |
| Gross operating margin | 9900 | €11,799 | €13,882 | +€2,083 | +17.7% |
| Operating profit (loss) | 9901 | €2,291 | €9,110 | +€6,819 | +297.7% |
| Financial income | 75/76B | €509 | - | -€509 | |
| Recurring financial income | 75 | €509 | - | -€509 | |
| Financial charges | 65/66B | €963 | €904 | -€59 | -6.1% |
| Recurring financial charges | 65 | €963 | €904 | -€59 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €1,836 | €8,206 | +€6,369 | +346.9% |
| Income taxes | 67/77 | €868 | €826 | -€42 | -4.9% |
| Profit (loss) for the period | 9904 | €968 | €7,380 | +€6,412 | +662.2% |
| Profit (loss) for the period to be appropriated | 9905 | €968 | €7,380 | +€6,412 | +662.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.