ALMASY: 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.
What changed
ALMASY
NACE 46.499, Wholesale of other household goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€29,227
2024 · -€743,789+€773,016
Equity
€31,933
2024 · €2,705+€29,227
Cash
€6,466
2024 · €10,760-€4,294
Balance sheet total
€3.7m
2024 · €4.1m-€377,022
Largest movements
Assets
- Stocks and contracts -€170,140
down €170,140 (-8.7%), from €1.9m to €1.8m
- Receivables within one year -€129,694
down €129,694 (-14.9%), from €868,410 to €738,716
of which Trade receivables: -€156,543
- Tangible fixed assets -€88,810
down €88,810 (-17.9%), from €496,238 to €407,428
- Deferred charges and accrued income +€51,356
up €51,356, from €0 to €51,356
Equity and liabilities
- Trade debts -€567,927
down €567,927 (-47.0%), from €1.2m to €640,446
- Tax, wage and social debts +€426,615
up €426,615 (+76.2%), from €559,571 to €986,186
of which Taxes: +€352,799
- Short-term financial debts -€294,096
down €294,096 (-28.0%), from €1.1m to €756,440
- Accrued charges and deferred income -€159,353
down €159,353 (-77.4%), from €205,923 to €46,569
- Other debts +€153,238
up €153,238 (+56.7%), from €270,446 to €423,684
Income statement
- Staff costs -€602,195
down €602,195 (-28.8%), from €2.1m to €1.5m
- Gross operating margin +€289,026
up €289,026 (+17.3%), from €1.7m to €2.0m
- Financial charges +€113,978
up €113,978 (+124.4%), from €91,589 to €205,567
- Other operating charges +€38,628
up €38,628 (+116.6%), from €33,135 to €71,763
- Write-downs -€32,649
down €32,649 (-100.0%), from €32,649 to €0
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.
Result 2024
-€743,789
Gross operating margin
+€289,026
Staff costs
+€602,195
Depreciation
+€231
Write-downs
+€32,649
Other operating charges
-€38,628
Financial income
+€966
Financial charges
-€113,978
Taxes
+€555
Result 2025
€29,227
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.
From operations
+€296,751
Investment
-€38,534
Financing
-€262,510
Cash 2024
€10,760
From operations (derived)
+€296,751
Net result for the year
+€29,227
Depreciation
+€162,785
Stocks and contracts
+€170,140
Receivables within one year
+€129,694
Deferred charges and accrued income
-€51,356
Trade debts
-€567,927
Tax, wage and social debts
+€426,615
Advances received
+€3,689
Other debts
+€153,238
Accrued charges and deferred income
-€159,353
Investment (derived)
-€38,534
Investment in fixed assets (net)
-€38,534
Financing
-€262,510
Debts after one year
-€50,323
Current portion of long-term debt
+€81,909
Short-term financial debts
-€294,096
Cash 2025
€6,466
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,115,476 | €3,738,454 | -€377,022 | -9.2% |
| Fixed assets | 21/28 | €1,290,727 | €1,166,476 | -€124,251 | -9.6% |
| Intangible fixed assets | 21 | €794,219 | €758,778 | -€35,440 | -4.5% |
| Tangible fixed assets | 22/27 | €496,238 | €407,428 | -€88,810 | -17.9% |
| Plant, machinery and equipment | 23 | €197,994 | €158,293 | -€39,700 | -20.1% |
| Furniture and vehicles | 24 | €96,379 | €77,177 | -€19,202 | -19.9% |
| Leasing and similar rights | 25 | €201,865 | €171,957 | -€29,908 | -14.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €2,824,749 | €2,571,978 | -€252,771 | -8.9% |
| Stocks and contracts in progress | 3 | €1,945,579 | €1,775,439 | -€170,140 | -8.7% |
| Stocks | 30/36 | €1,945,579 | €1,775,439 | -€170,140 | -8.7% |
| Amounts receivable within one year | 40/41 | €868,410 | €738,716 | -€129,694 | -14.9% |
| Trade receivables | 40 | €557,577 | €401,034 | -€156,543 | -28.1% |
| Other amounts receivable | 41 | €310,833 | €337,682 | +€26,850 | +8.6% |
| Cash at bank and in hand | 54/58 | €10,760 | €6,466 | -€4,294 | -39.9% |
| Deferred charges and accrued income | 490/1 | €0 | €51,356 | +€51,356 | |
| Total equity and liabilities | 10/49 | €4,115,476 | €3,738,454 | -€377,022 | -9.2% |
| Equity | 10/15 | €2,705 | €31,933 | +€29,227 | +1080.3% |
| Contributions | 10/11 | €300,024 | €300,024 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Contributions outside capital | 11 | €24 | €24 | = | 0.0% |
| Share premium | 1100/10 | €24 | €24 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €60,000 | €60,000 | = | 0.0% |
| Legal reserve | 130 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€357,319 | -€328,091 | +€29,227 | +8.2% |
| Amounts payable | 17/49 | €4,112,771 | €3,706,521 | -€406,249 | -9.9% |
| Amounts payable after more than one year | 17 | €256,403 | €206,080 | -€50,323 | -19.6% |
| Financial debts | 170/4 | €256,403 | €206,080 | -€50,323 | -19.6% |
| Amounts payable within one year | 42/48 | €3,650,445 | €3,453,872 | -€196,573 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €51,427 | €133,335 | +€81,909 | +159.3% |
| Financial debts | 43 | €1,050,536 | €756,440 | -€294,096 | -28.0% |
| Credit institutions | 430/8 | €1,050,536 | €756,440 | -€294,096 | -28.0% |
| Trade debts | 44 | €1,208,373 | €640,446 | -€567,927 | -47.0% |
| Suppliers | 440/4 | €1,208,373 | €640,446 | -€567,927 | -47.0% |
| Advances received on contracts in progress | 46 | €510,092 | €513,782 | +€3,689 | +0.7% |
| Taxes, remuneration and social security | 45 | €559,571 | €986,186 | +€426,615 | +76.2% |
| Taxes | 450/3 | €362,000 | €714,800 | +€352,799 | +97.5% |
| Remuneration and social security | 454/9 | €197,570 | €271,386 | +€73,816 | +37.4% |
| Other amounts payable | 47/48 | €270,446 | €423,684 | +€153,238 | +56.7% |
| Accrued charges and deferred income | 492/3 | €205,923 | €46,569 | -€159,353 | -77.4% |
| Non-recurring operating income | 76A | €18,569 | €18,052 | -€517 | -2.8% |
| Remuneration, social security and pensions | 62 | €2,089,904 | €1,487,708 | -€602,195 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,016 | €162,785 | -€231 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,649 | €0 | -€32,649 | -100.0% |
| Other operating charges | 640/8 | €33,135 | €71,763 | +€38,628 | +116.6% |
| Gross operating margin | 9900 | €1,669,897 | €1,958,923 | +€289,026 | +17.3% |
| Operating profit (loss) | 9901 | -€648,808 | €236,666 | +€885,474 | |
| Financial income | 75/76B | €306 | €1,272 | +€966 | +315.1% |
| Recurring financial income | 75 | €306 | €1,272 | +€966 | +315.1% |
| Financial charges | 65/66B | €91,589 | €205,567 | +€113,978 | +124.4% |
| Recurring financial charges | 65 | €91,589 | €205,567 | +€113,978 | +124.4% |
| Profit (loss) for the period before taxes | 9903 | -€740,090 | €32,371 | +€772,461 | |
| Income taxes | 67/77 | €3,699 | €3,144 | -€555 | -15.0% |
| Profit (loss) for the period | 9904 | -€743,789 | €29,227 | +€773,016 | |
| Profit (loss) for the period to be appropriated | 9905 | -€743,789 | €29,227 | +€773,016 |
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 11 October 2026 via checked.be.