ALMAXI: 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.
ALMAXI
Largest movements
- Tangible fixed assets -€10,505
down €10,505 (-2.4%), from €444,432 to €433,927
of which Land and buildings: -€9,242
- Debts after one year -€21,120
down €21,120 (-6.5%), from €323,201 to €302,081
- Other debts +€13,385
up €13,385 (+6.4%), from €210,524 to €223,909
- Financial charges +€2,108
up €2,108 (+39.0%), from €5,408 to €7,516
- Depreciation -€644
down €644 (-3.2%), from €20,063 to €19,418
- Other operating charges -€348
down €348 (-26.8%), from €1,296 to €948
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €447,888 | €437,423 | -€10,465 | -2.3% |
| Fixed assets | 21/28 | €444,432 | €433,927 | -€10,505 | -2.4% |
| Tangible fixed assets | 22/27 | €444,432 | €433,927 | -€10,505 | -2.4% |
| Land and buildings | 22 | €365,171 | €355,929 | -€9,242 | -2.5% |
| Other tangible fixed assets | 26 | €79,261 | €77,998 | -€1,263 | -1.6% |
| Current assets | 29/58 | €3,456 | €3,496 | +€40 | +1.1% |
| Cash at bank and in hand | 54/58 | €2,883 | €2,901 | +€19 | +0.6% |
| Deferred charges and accrued income | 490/1 | €573 | €594 | +€21 | +3.7% |
| Total equity and liabilities | 10/49 | €447,888 | €437,423 | -€10,465 | -2.3% |
| Equity | 10/15 | -€108,753 | -€111,071 | -€2,318 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€127,353 | -€129,671 | -€2,318 | -1.8% |
| Amounts payable | 17/49 | €556,642 | €548,494 | -€8,147 | -1.5% |
| Amounts payable after more than one year | 17 | €323,201 | €302,081 | -€21,120 | -6.5% |
| Financial debts | 170/4 | €323,201 | €302,081 | -€21,120 | -6.5% |
| Amounts payable within one year | 42/48 | €232,680 | €245,638 | +€12,958 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €20,617 | €21,120 | +€503 | +2.4% |
| Trade debts | 44 | €390 | €609 | +€220 | +56.4% |
| Suppliers | 440/4 | €390 | €609 | +€220 | +56.4% |
| Taxes, remuneration and social security | 45 | €1,150 | - | -€1,150 | |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | €210,524 | €223,909 | +€13,385 | +6.4% |
| Accrued charges and deferred income | 492/3 | €760 | €775 | +€15 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,063 | €19,418 | -€644 | -3.2% |
| Other operating charges | 640/8 | €1,296 | €948 | -€348 | -26.8% |
| Gross operating margin | 9900 | €25,418 | €25,564 | +€146 | +0.6% |
| Operating profit (loss) | 9901 | €4,060 | €5,198 | +€1,138 | +28.0% |
| Financial charges | 65/66B | €5,408 | €7,516 | +€2,108 | +39.0% |
| Recurring financial charges | 65 | €5,408 | €7,516 | +€2,108 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,348 | -€2,318 | -€970 | -72.0% |
| Profit (loss) for the period | 9904 | -€1,348 | -€2,318 | -€970 | -72.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,348 | -€2,318 | -€970 | -72.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.