ALMELIOR: 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.
ALMELIOR
Largest movements
- Cash +€95,322
up €95,322 (+72.4%), from €131,646 to €226,968
mainly Net result for the year (+€508,095) and Tax, wage and social debts (+€37,209)
- Tangible fixed assets -€35,406
down €35,406 (-13.1%), from €271,187 to €235,781
of which Furniture and vehicles: -€19,488
- Receivables within one year -€17,929
down €17,929 (-20.9%), from €85,839 to €67,910
of which Other amounts receivable: -€10,903
- Reserves +€108,095
new in 2025: €108,095
- Other debts -€64,770
down €64,770 (-16.1%), from €402,942 to €338,172
- Trade debts -€41,615
no longer reported in 2025 (was €41,615)
- Tax, wage and social debts +€37,209
up €37,209 (+120%), from €31,072 to €68,281
- Gross operating margin +€230,512
up €230,512 (+39.9%), from €578,011 to €808,523
- Taxes +€35,362
up €35,362 (+27.2%), from €130,035 to €165,397
- Depreciation -€22,667
down €22,667 (-47.4%), from €47,818 to €25,150
- Financial charges +€17,237
up €17,237, from -€16,716 to €520
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 | €495,628 | €534,548 | +€38,919 | +7.9% |
| Fixed assets | 21/28 | €271,187 | €235,781 | -€35,406 | -13.1% |
| Tangible fixed assets | 22/27 | €271,187 | €235,781 | -€35,406 | -13.1% |
| Furniture and vehicles | 24 | €125,648 | €106,160 | -€19,488 | -15.5% |
| Other tangible fixed assets | 26 | €145,539 | €129,621 | -€15,918 | -10.9% |
| Current assets | 29/58 | €224,441 | €298,766 | +€74,325 | +33.1% |
| Amounts receivable within one year | 40/41 | €85,839 | €67,910 | -€17,929 | -20.9% |
| Trade receivables | 40 | €74,836 | €67,809 | -€7,027 | -9.4% |
| Other amounts receivable | 41 | €11,003 | €100 | -€10,903 | -99.1% |
| Cash at bank and in hand | 54/58 | €131,646 | €226,968 | +€95,322 | +72.4% |
| Deferred charges and accrued income | 490/1 | €6,956 | €3,889 | -€3,067 | -44.1% |
| Total equity and liabilities | 10/49 | €495,628 | €534,548 | +€38,919 | +7.9% |
| Equity | 10/15 | €20,000 | €128,095 | +€108,095 | +540% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €108,095 | +€108,095 | |
| Distributable reserves | 133 | - | €108,095 | +€108,095 | |
| Amounts payable | 17/49 | €475,628 | €406,453 | -€69,176 | -14.5% |
| Amounts payable within one year | 42/48 | €475,628 | €406,453 | -€69,176 | -14.5% |
| Trade debts | 44 | €41,615 | - | -€41,615 | |
| Suppliers | 440/4 | €41,615 | - | -€41,615 | |
| Taxes, remuneration and social security | 45 | €31,072 | €68,281 | +€37,209 | +120% |
| Taxes | 450/3 | €31,072 | €68,281 | +€37,209 | +120% |
| Other amounts payable | 47/48 | €402,942 | €338,172 | -€64,770 | -16.1% |
| Non-recurring operating income | 76A | €7,381 | €177,203 | +€169,821 | +2,301% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,818 | €25,150 | -€22,667 | -47.4% |
| Other operating charges | 640/8 | €1,730 | €2,071 | +€341 | +19.7% |
| Non-recurring operating charges | 66A | €16,546 | €107,441 | +€90,895 | +549% |
| Gross operating margin | 9900 | €578,011 | €808,523 | +€230,512 | +39.9% |
| Operating profit (loss) | 9901 | €511,917 | €673,860 | +€161,943 | +31.6% |
| Financial income | 75/76B | €3,700 | €152 | -€3,549 | -95.9% |
| Recurring financial income | 75 | €3,700 | €152 | -€3,549 | -95.9% |
| Financial charges | 65/66B | -€16,716 | €520 | +€17,237 | |
| Recurring financial charges | 65 | -€16,716 | €520 | +€17,237 | |
| Profit (loss) for the period before taxes | 9903 | €532,334 | €673,491 | +€141,158 | +26.5% |
| Income taxes | 67/77 | €130,035 | €165,397 | +€35,362 | +27.2% |
| Profit (loss) for the period | 9904 | €402,299 | €508,095 | +€105,796 | +26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €402,299 | €508,095 | +€105,796 | +26.3% |
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 15 October 2026 via checked.be.