ALMARE: 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.
ALMARE
Largest movements
- Cash +€11,295
up €11,295 (+105%), from €10,795 to €22,091
mainly Net result for the year (+€33,321) and Tax, wage and social debts (+€11,125)
- Profit (loss) carried forward +€33,321
up €33,321 (+550%), from €6,056 to €39,377
- Other debts -€25,082
down €25,082 (-26.9%), from €93,208 to €68,126
- Tax, wage and social debts +€11,125
up €11,125 (+118%), from €9,456 to €20,580
- Trade debts -€8,270
down €8,270 (-68.1%), from €12,141 to €3,871
- Gross operating margin +€33,834
up €33,834 (+186%), from €18,203 to €52,037
- Taxes +€10,016
up €10,016 (+280%), from €3,571 to €13,587
- Financial charges -€1,040
down €1,040 (-20.4%), from €5,099 to €4,060
- Other operating charges -€644
down €644 (-37.6%), from €1,713 to €1,069
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 | €160,862 | €171,954 | +€11,092 | +6.9% |
| Fixed assets | 21/28 | €1,840 | €1,840 | = | 0.0% |
| Financial fixed assets | 28 | €1,840 | €1,840 | = | 0.0% |
| Current assets | 29/58 | €159,022 | €170,114 | +€11,092 | +7.0% |
| Stocks and contracts in progress | 3 | €142,500 | €142,500 | = | 0.0% |
| Stocks | 30/36 | €142,500 | €142,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,438 | €2,630 | -€808 | -23.5% |
| Trade receivables | 40 | €3,438 | €2,630 | -€808 | -23.5% |
| Cash at bank and in hand | 54/58 | €10,795 | €22,091 | +€11,295 | +105% |
| Deferred charges and accrued income | 490/1 | €2,289 | €2,893 | +€605 | +26.4% |
| Total equity and liabilities | 10/49 | €160,862 | €171,954 | +€11,092 | +6.9% |
| Equity | 10/15 | €46,056 | €79,377 | +€33,321 | +72.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,056 | €39,377 | +€33,321 | +550% |
| Amounts payable | 17/49 | €114,806 | €92,577 | -€22,229 | -19.4% |
| Amounts payable within one year | 42/48 | €114,806 | €92,577 | -€22,229 | -19.4% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €12,141 | €3,871 | -€8,270 | -68.1% |
| Suppliers | 440/4 | €12,141 | €3,871 | -€8,270 | -68.1% |
| Taxes, remuneration and social security | 45 | €9,456 | €20,580 | +€11,125 | +118% |
| Taxes | 450/3 | €9,456 | €20,580 | +€11,125 | +118% |
| Other amounts payable | 47/48 | €93,208 | €68,126 | -€25,082 | -26.9% |
| Other operating charges | 640/8 | €1,713 | €1,069 | -€644 | -37.6% |
| Gross operating margin | 9900 | €18,203 | €52,037 | +€33,834 | +186% |
| Operating profit (loss) | 9901 | €16,490 | €50,968 | +€34,478 | +209% |
| Financial charges | 65/66B | €5,099 | €4,060 | -€1,040 | -20.4% |
| Recurring financial charges | 65 | €5,099 | €4,060 | -€1,040 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €11,390 | €46,908 | +€35,518 | +312% |
| Income taxes | 67/77 | €3,571 | €13,587 | +€10,016 | +280% |
| Profit (loss) for the period | 9904 | €7,819 | €33,321 | +€25,502 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €7,819 | €33,321 | +€25,502 | +326% |
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 24 October 2026 via checked.be.