ALMASAR: 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.
ALMASAR
Largest movements
- Tangible fixed assets +€8,085
up €8,085 (+140%), from €5,785 to €13,870
- Receivables within one year +€2,358
up €2,358 (+69.9%), from €3,372 to €5,730
of which Trade receivables: +€2,658
- Deferred charges and accrued income -€956
no longer reported in 2025 (was €956)
- Profit (loss) carried forward +€12,779
up €12,779 (+511%), from €2,498 to €15,277
- Trade debts -€1,374
down €1,374 (-32.8%), from €4,194 to €2,820
- Other debts -€1,000
no longer reported in 2025 (was €1,000)
- Tax, wage and social debts -€972
down €972 (-82.9%), from €1,172 to €201
- Gross operating margin +€17,190
up €17,190 (+465%), from €3,700 to €20,891
- Other operating charges +€6,005
up €6,005 (+505%), from €1,189 to €7,193
- Depreciation +€836
new in 2025: €836
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 | €10,865 | €20,298 | +€9,433 | +86.8% |
| Fixed assets | 21/28 | €5,785 | €13,870 | +€8,085 | +140% |
| Tangible fixed assets | 22/27 | €5,785 | €13,870 | +€8,085 | +140% |
| Furniture and vehicles | 24 | €5,785 | €13,870 | +€8,085 | +140% |
| Current assets | 29/58 | €5,080 | €6,428 | +€1,348 | +26.5% |
| Amounts receivable within one year | 40/41 | €3,372 | €5,730 | +€2,358 | +69.9% |
| Trade receivables | 40 | €3,072 | €5,730 | +€2,658 | +86.5% |
| Other amounts receivable | 41 | €300 | - | -€300 | |
| Cash at bank and in hand | 54/58 | €752 | €698 | -€54 | -7.2% |
| Deferred charges and accrued income | 490/1 | €956 | - | -€956 | |
| Total equity and liabilities | 10/49 | €10,865 | €20,298 | +€9,433 | +86.8% |
| Equity | 10/15 | €4,498 | €17,277 | +€12,779 | +284% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,498 | €15,277 | +€12,779 | +511% |
| Amounts payable | 17/49 | €6,366 | €3,021 | -€3,345 | -52.5% |
| Amounts payable within one year | 42/48 | €6,366 | €3,021 | -€3,345 | -52.5% |
| Trade debts | 44 | €4,194 | €2,820 | -€1,374 | -32.8% |
| Suppliers | 440/4 | €4,194 | €2,820 | -€1,374 | -32.8% |
| Taxes, remuneration and social security | 45 | €1,172 | €201 | -€972 | -82.9% |
| Taxes | 450/3 | €1,172 | €201 | -€972 | -82.9% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €836 | +€836 | |
| Other operating charges | 640/8 | €1,189 | €7,193 | +€6,005 | +505% |
| Gross operating margin | 9900 | €3,700 | €20,891 | +€17,190 | +465% |
| Operating profit (loss) | 9901 | €2,512 | €12,861 | +€10,350 | +412% |
| Financial income | 75/76B | €1 | €2 | +€1 | +268% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +268% |
| Financial charges | 65/66B | €14 | €85 | +€71 | +519% |
| Recurring financial charges | 65 | €14 | €85 | +€71 | +519% |
| Profit (loss) for the period before taxes | 9903 | €2,498 | €12,779 | +€10,280 | +411% |
| Profit (loss) for the period | 9904 | €2,498 | €12,779 | +€10,280 | +411% |
| Profit (loss) for the period to be appropriated | 9905 | €2,498 | €12,779 | +€10,280 | +411% |
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 13 October 2026 via checked.be.