ALMAQUE: 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.
ALMAQUE
Largest movements
- Receivables within one year -€48,631
down €48,631 (-29.2%), from €166,423 to €117,792
of which Other amounts receivable: -€33,621
- Cash +€44,029
up €44,029 (+554.2%), from €7,945 to €51,974
mainly Receivables within one year (+€48,631) and Net result for the year (+€21,137)
- Tangible fixed assets -€2,643
down €2,643 (-23.4%), from €11,309 to €8,665
of which Furniture and vehicles: -€2,989
- Other debts -€29,860
down €29,860 (-74.6%), from €40,000 to €10,141
- Profit (loss) carried forward +€21,137
up €21,137 (+10.0%), from -€210,482 to -€189,345
- Gross operating margin -€208,104
down €208,104 (-88.1%), from €236,346 to €28,241
- Financial charges -€31,988
down €31,988 (-97.2%), from €32,920 to €932
- Other operating charges -€7,504
down €7,504 (-81.0%), from €9,270 to €1,765
- Taxes -€2,762
no longer reported in 2024 (was €2,762)
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 | €186,700 | €178,542 | -€8,157 | -4.4% |
| Fixed assets | 21/28 | €11,334 | €8,690 | -€2,643 | -23.3% |
| Tangible fixed assets | 22/27 | €11,309 | €8,665 | -€2,643 | -23.4% |
| Plant, machinery and equipment | 23 | €2,343 | €2,688 | +€345 | +14.7% |
| Furniture and vehicles | 24 | €8,966 | €5,977 | -€2,989 | -33.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €175,366 | €169,852 | -€5,514 | -3.1% |
| Amounts receivable within one year | 40/41 | €166,423 | €117,792 | -€48,631 | -29.2% |
| Trade receivables | 40 | €31,011 | €16,001 | -€15,010 | -48.4% |
| Other amounts receivable | 41 | €135,412 | €101,791 | -€33,621 | -24.8% |
| Cash at bank and in hand | 54/58 | €7,945 | €51,974 | +€44,029 | +554.2% |
| Deferred charges and accrued income | 490/1 | €998 | €86 | -€912 | -91.4% |
| Total equity and liabilities | 10/49 | €186,700 | €178,542 | -€8,157 | -4.4% |
| Equity | 10/15 | €60,320 | €81,457 | +€21,137 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €252,202 | €252,202 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €250,342 | €250,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€210,482 | -€189,345 | +€21,137 | +10.0% |
| Provisions and deferred taxes | 16 | €83,447 | €83,447 | = | 0.0% |
| Deferred taxes | 168 | €83,447 | €83,447 | = | 0.0% |
| Amounts payable | 17/49 | €42,933 | €13,638 | -€29,294 | -68.2% |
| Amounts payable within one year | 42/48 | €42,933 | €13,638 | -€29,294 | -68.2% |
| Trade debts | 44 | €2,597 | €3,498 | +€901 | +34.7% |
| Suppliers | 440/4 | €2,597 | €3,498 | +€901 | +34.7% |
| Taxes, remuneration and social security | 45 | €335 | - | -€335 | |
| Taxes | 450/3 | €335 | - | -€335 | |
| Other amounts payable | 47/48 | €40,000 | €10,141 | -€29,860 | -74.6% |
| Non-recurring operating income | 76A | €333,789 | - | -€333,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,560 | €4,407 | -€153 | -3.4% |
| Other operating charges | 640/8 | €9,270 | €1,765 | -€7,504 | -81.0% |
| Non-recurring operating charges | 66A | €22,804 | - | -€22,804 | |
| Gross operating margin | 9900 | €236,346 | €28,241 | -€208,104 | -88.1% |
| Operating profit (loss) | 9901 | €199,711 | €22,069 | -€177,642 | -88.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €32,920 | €932 | -€31,988 | -97.2% |
| Recurring financial charges | 65 | €32,920 | €932 | -€31,988 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | €166,792 | €21,137 | -€145,655 | -87.3% |
| Transfer to deferred taxes | 680 | €83,447 | - | -€83,447 | |
| Income taxes | 67/77 | €2,762 | - | -€2,762 | |
| Profit (loss) for the period | 9904 | €80,583 | €21,137 | -€59,446 | -73.8% |
| Transfer to tax-exempt reserves | 689 | €250,342 | - | -€250,342 | |
| Profit (loss) for the period to be appropriated | 9905 | -€169,758 | €21,137 | +€190,895 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.