ALMEC: 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.
ALMEC
Largest movements
- Receivables within one year +€346,152
up €346,152 (+80.7%), from €428,672 to €774,824
of which Trade receivables: +€366,023
- Tangible fixed assets -€39,386
down €39,386 (-3.2%), from €1.2m to €1.2m
of which Plant, machinery and equipment: -€83,760
- Stocks and contracts +€35,261
up €35,261 (+3.4%), from €1.0m to €1.1m
- Profit (loss) carried forward +€231,879
up €231,879 (+612.0%), from €37,891 to €269,770
- Trade debts +€173,759
up €173,759 (+62.7%), from €276,909 to €450,668
- Other debts -€64,500
down €64,500 (-100.0%), from €64,500 to €0
- Tax, wage and social debts +€42,290
up €42,290 (+37.1%), from €114,135 to €156,424
of which Taxes: +€34,966
- Debts after one year -€36,379
down €36,379 (-8.4%), from €435,073 to €398,694
- Gross operating margin +€573,778
up €573,778 (+76.4%), from €750,731 to €1.3m
- Depreciation -€26,763
down €26,763 (-8.9%), from €301,670 to €274,907
- Staff costs +€26,179
up €26,179 (+3.7%), from €710,418 to €736,598
- Write-downs -€18,800
down €18,800 (-100.0%), from €18,800 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.
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 | €2,759,381 | €3,115,488 | +€356,108 | +12.9% |
| Fixed assets | 21/28 | €1,224,075 | €1,184,689 | -€39,386 | -3.2% |
| Tangible fixed assets | 22/27 | €1,221,075 | €1,181,689 | -€39,386 | -3.2% |
| Land and buildings | 22 | €583,940 | €560,563 | -€23,377 | -4.0% |
| Plant, machinery and equipment | 23 | €162,679 | €78,919 | -€83,760 | -51.5% |
| Furniture and vehicles | 24 | €42,337 | €14,960 | -€27,377 | -64.7% |
| Leasing and similar rights | 25 | €432,119 | €527,247 | +€95,128 | +22.0% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €1,535,306 | €1,930,799 | +€395,494 | +25.8% |
| Stocks and contracts in progress | 3 | €1,048,780 | €1,084,040 | +€35,261 | +3.4% |
| Stocks | 30/36 | €1,048,780 | €1,084,040 | +€35,261 | +3.4% |
| Amounts receivable within one year | 40/41 | €428,672 | €774,824 | +€346,152 | +80.7% |
| Trade receivables | 40 | €207,391 | €573,413 | +€366,023 | +176.5% |
| Other amounts receivable | 41 | €221,281 | €201,410 | -€19,871 | -9.0% |
| Cash at bank and in hand | 54/58 | €12,210 | €29,386 | +€17,176 | +140.7% |
| Deferred charges and accrued income | 490/1 | €45,645 | €42,549 | -€3,096 | -6.8% |
| Total equity and liabilities | 10/49 | €2,759,381 | €3,115,488 | +€356,108 | +12.9% |
| Equity | 10/15 | €943,891 | €1,175,770 | +€231,879 | +24.6% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Reserves | 13 | €206,000 | €206,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,000 | €70,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €136,000 | €136,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,891 | €269,770 | +€231,879 | +612.0% |
| Amounts payable | 17/49 | €1,815,490 | €1,939,718 | +€124,228 | +6.8% |
| Amounts payable after more than one year | 17 | €435,073 | €398,694 | -€36,379 | -8.4% |
| Financial debts | 170/4 | €435,073 | €398,694 | -€36,379 | -8.4% |
| Amounts payable within one year | 42/48 | €1,378,667 | €1,532,049 | +€153,382 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €262,403 | €254,784 | -€7,619 | -2.9% |
| Financial debts | 43 | €660,719 | €670,173 | +€9,453 | +1.4% |
| Credit institutions | 430/8 | €660,719 | €670,173 | +€9,453 | +1.4% |
| Trade debts | 44 | €276,909 | €450,668 | +€173,759 | +62.7% |
| Suppliers | 440/4 | €276,909 | €450,668 | +€173,759 | +62.7% |
| Taxes, remuneration and social security | 45 | €114,135 | €156,424 | +€42,290 | +37.1% |
| Taxes | 450/3 | €21,791 | €56,757 | +€34,966 | +160.5% |
| Remuneration and social security | 454/9 | €92,344 | €99,667 | +€7,323 | +7.9% |
| Other amounts payable | 47/48 | €64,500 | €0 | -€64,500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,750 | €8,975 | +€7,225 | +412.9% |
| Non-recurring operating income | 76A | - | €5,500 | +€5,500 | |
| Remuneration, social security and pensions | 62 | €710,418 | €736,598 | +€26,179 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301,670 | €274,907 | -€26,763 | -8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,800 | €0 | -€18,800 | -100.0% |
| Other operating charges | 640/8 | €29,120 | €30,564 | +€1,443 | +5.0% |
| Gross operating margin | 9900 | €750,731 | €1,324,509 | +€573,778 | +76.4% |
| Operating profit (loss) | 9901 | -€309,279 | €282,440 | +€591,719 | |
| Financial income | 75/76B | €0 | €366 | +€366 | +89265.9% |
| Recurring financial income | 75 | €0 | €366 | +€366 | +89265.9% |
| Financial charges | 65/66B | €54,983 | €50,038 | -€4,945 | -9.0% |
| Recurring financial charges | 65 | €54,983 | €50,038 | -€4,945 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€364,261 | €232,769 | +€597,030 | |
| Income taxes | 67/77 | €892 | €889 | -€3 | -0.3% |
| Profit (loss) for the period | 9904 | -€365,153 | €231,879 | +€597,033 | |
| Profit (loss) for the period to be appropriated | 9905 | -€365,153 | €231,879 | +€597,033 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.