ALMANAR: 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.
ALMANAR
Largest movements
- Receivables within one year -€14,626
down €14,626 (-34.9%), from €41,910 to €27,285
of which Other amounts receivable: -€16,000
- Cash +€4,980
up €4,980 (+115.2%), from €4,322 to €9,302
mainly Receivables within one year (+€14,626) and Net result for the year (+€14,082)
- Stocks and contracts -€1,252
down €1,252 (-7.6%), from €16,536 to €15,284
- Tangible fixed assets -€705
down €705 (-41.5%), from €1,698 to €993
- Profit (loss) carried forward -€24,918
down €24,918 (-97.7%), from €25,501 to €583
- Other debts +€11,700
new in 2025: €11,700
- Tax, wage and social debts +€8,752
up €8,752 (+96.7%), from €9,053 to €17,805
of which Taxes: +€8,749
- Trade debts -€7,136
down €7,136 (-62.8%), from €11,358 to €4,222
- Staff costs +€4,258
new in 2025: €4,258
- Taxes +€525
up €525 (+7.9%), from €6,647 to €7,172
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 | €64,504 | €52,902 | -€11,602 | -18.0% |
| Fixed assets | 21/28 | €1,698 | €993 | -€705 | -41.5% |
| Tangible fixed assets | 22/27 | €1,698 | €993 | -€705 | -41.5% |
| Furniture and vehicles | 24 | €1,698 | €993 | -€705 | -41.5% |
| Current assets | 29/58 | €62,806 | €51,909 | -€10,897 | -17.4% |
| Stocks and contracts in progress | 3 | €16,536 | €15,284 | -€1,252 | -7.6% |
| Stocks | 30/36 | €16,536 | €15,284 | -€1,252 | -7.6% |
| Amounts receivable within one year | 40/41 | €41,910 | €27,285 | -€14,626 | -34.9% |
| Trade receivables | 40 | €910 | €2,285 | +€1,375 | +151.0% |
| Other amounts receivable | 41 | €41,000 | €25,000 | -€16,000 | -39.0% |
| Cash at bank and in hand | 54/58 | €4,322 | €9,302 | +€4,980 | +115.2% |
| Deferred charges and accrued income | 490/1 | €38 | €38 | = | 0.0% |
| Total equity and liabilities | 10/49 | €64,504 | €52,902 | -€11,602 | -18.0% |
| Equity | 10/15 | €44,093 | €19,175 | -€24,918 | -56.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,501 | €583 | -€24,918 | -97.7% |
| Amounts payable | 17/49 | €20,411 | €33,727 | +€13,316 | +65.2% |
| Amounts payable within one year | 42/48 | €20,411 | €33,727 | +€13,316 | +65.2% |
| Trade debts | 44 | €11,358 | €4,222 | -€7,136 | -62.8% |
| Suppliers | 440/4 | €11,358 | €4,222 | -€7,136 | -62.8% |
| Taxes, remuneration and social security | 45 | €9,053 | €17,805 | +€8,752 | +96.7% |
| Taxes | 450/3 | €9,053 | €17,802 | +€8,749 | +96.6% |
| Remuneration and social security | 454/9 | - | €3 | +€3 | |
| Other amounts payable | 47/48 | - | €11,700 | +€11,700 | |
| Remuneration, social security and pensions | 62 | - | €4,258 | +€4,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656 | €705 | +€49 | +7.5% |
| Other operating charges | 640/8 | €510 | €244 | -€266 | -52.2% |
| Gross operating margin | 9900 | €26,947 | €26,992 | +€46 | +0.2% |
| Operating profit (loss) | 9901 | €25,781 | €21,786 | -€3,995 | -15.5% |
| Financial charges | 65/66B | €354 | €532 | +€177 | +50.1% |
| Recurring financial charges | 65 | €354 | €532 | +€177 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | €25,427 | €21,255 | -€4,172 | -16.4% |
| Income taxes | 67/77 | €6,647 | €7,172 | +€525 | +7.9% |
| Profit (loss) for the period | 9904 | €18,780 | €14,082 | -€4,698 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,780 | €14,082 | -€4,698 | -25.0% |
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 2 October 2026 via checked.be.