ALMAXACO: 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.
ALMAXACO
Largest movements
- Tangible fixed assets +€42,857
up €42,857 (+10.9%), from €394,046 to €436,904
- Equity +€67,690
up €67,690, from -€38,853 to €28,838
- Debts -€26,063
down €26,063 (-5.0%), from €519,648 to €493,585
of which Debts after one year: -€21,928
- Gross operating margin -€4,019
down €4,019 (-8.7%), from €46,362 to €42,344
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €480,796 | €522,423 | +€41,627 | +8.7% |
| Fixed assets | 21/28 | €476,585 | €519,443 | +€42,857 | +9.0% |
| Tangible fixed assets | 22/27 | €394,046 | €436,904 | +€42,857 | +10.9% |
| Financial fixed assets | 28 | €82,539 | €82,539 | = | 0.0% |
| Current assets | 29/58 | €4,211 | €2,980 | -€1,230 | -29.2% |
| Amounts receivable within one year | 40/41 | - | €2,653 | +€2,653 | |
| Cash at bank and in hand | 54/58 | €1,134 | €312 | -€821 | -72.4% |
| Total equity and liabilities | 10/49 | €480,796 | €522,423 | +€41,627 | +8.7% |
| Equity | 10/15 | -€38,853 | €28,838 | +€67,690 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,353 | -€47,662 | +€7,690 | +13.9% |
| Amounts payable | 17/49 | €519,648 | €493,585 | -€26,063 | -5.0% |
| Amounts payable after more than one year | 17 | €337,108 | €315,180 | -€21,928 | -6.5% |
| Amounts payable within one year | 42/48 | €182,541 | €177,531 | -€5,010 | -2.7% |
| Trade debts | 44 | €816 | - | -€816 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,143 | €17,143 | = | 0.0% |
| Gross operating margin | 9900 | €46,362 | €42,344 | -€4,019 | -8.7% |
| Operating profit (loss) | 9901 | €24,822 | €20,713 | -€4,109 | -16.6% |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Recurring financial charges | 65 | €14,136 | €13,023 | -€1,113 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €10,686 | €7,690 | -€2,996 | -28.0% |
| Profit (loss) for the period | 9904 | €10,686 | €7,690 | -€2,996 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,686 | €7,690 | -€2,996 | -28.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.