ALMICAN: 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.
ALMICAN
Largest movements
- Cash +€145,923
up €145,923 (+5211.6%), from €2,800 to €148,723
mainly Investment in fixed assets (net) (+€105,610) and Current portion of long-term debt (+€64,817)
- Tangible fixed assets -€123,313
down €123,313 (-23.3%), from €529,873 to €406,560
of which Land and buildings: -€123,151
- Receivables after one year -€7,200
down €7,200 (-9.4%), from €76,800 to €69,600
- Current portion of long-term debt +€64,817
up €64,817 (+41.6%), from €155,830 to €220,648
- Debts after one year -€61,779
down €61,779 (-23.9%), from €258,017 to €196,238
- Profit (loss) carried forward +€16,077
up €16,077 (+8.0%), from -€200,109 to -€184,032
- Other debts -€13,630
down €13,630 (-4.1%), from €333,840 to €320,210
- Trade debts +€8,943
up €8,943 (+24.3%), from €36,801 to €45,743
- Financial income +€29,330
new in 2025: €29,330
of which Financial income: +€29,330
- Turnover -€24,000
no longer reported in 2025 (was €24,000)
- Depreciation -€7,482
down €7,482 (-29.7%), from €25,185 to €17,703
- Financial charges -€4,577
down €4,577 (-55.0%), from €8,317 to €3,740
- Purchases and services -€4,137
down €4,137 (-85.2%), from €4,856 to €718
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 | €668,961 | €684,053 | +€15,092 | +2.3% |
| Fixed assets | 21/28 | €529,873 | €406,560 | -€123,313 | -23.3% |
| Tangible fixed assets | 22/27 | €529,873 | €406,560 | -€123,313 | -23.3% |
| Land and buildings | 22 | €529,549 | €406,398 | -€123,151 | -23.3% |
| Plant, machinery and equipment | 23 | €324 | €162 | -€162 | -50.0% |
| Current assets | 29/58 | €139,088 | €277,493 | +€138,405 | +99.5% |
| Amounts receivable after more than one year | 29 | €76,800 | €69,600 | -€7,200 | -9.4% |
| Trade receivables | 290 | €76,800 | €69,600 | -€7,200 | -9.4% |
| Amounts receivable within one year | 40/41 | €54,370 | €54,370 | = | 0.0% |
| Trade receivables | 40 | €908 | €908 | = | 0.0% |
| Other amounts receivable | 41 | €53,462 | €53,462 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,800 | €148,723 | +€145,923 | +5211.6% |
| Deferred charges and accrued income | 490/1 | €5,119 | €4,800 | -€319 | -6.2% |
| Total equity and liabilities | 10/49 | €668,961 | €684,053 | +€15,092 | +2.3% |
| Equity | 10/15 | -€138,109 | -€122,032 | +€16,077 | +11.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,109 | -€184,032 | +€16,077 | +8.0% |
| Provisions and deferred taxes | 16 | €2,400 | €2,400 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,400 | €2,400 | = | 0.0% |
| Pensions and similar obligations | 160 | - | €2,400 | +€2,400 | |
| Other liabilities and charges | 164/5 | €2,400 | - | -€2,400 | |
| Amounts payable | 17/49 | €804,670 | €803,685 | -€984 | -0.1% |
| Amounts payable after more than one year | 17 | €258,017 | €196,238 | -€61,779 | -23.9% |
| Financial debts | 170/4 | €258,017 | €196,238 | -€61,779 | -23.9% |
| Amounts payable within one year | 42/48 | €546,653 | €607,448 | +€60,795 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €155,830 | €220,648 | +€64,817 | +41.6% |
| Financial debts | 43 | €20,182 | €20,847 | +€665 | +3.3% |
| Credit institutions | 430/8 | €20,182 | €20,847 | +€665 | +3.3% |
| Trade debts | 44 | €36,801 | €45,743 | +€8,943 | +24.3% |
| Suppliers | 440/4 | €36,801 | €45,743 | +€8,943 | +24.3% |
| Other amounts payable | 47/48 | €333,840 | €320,210 | -€13,630 | -4.1% |
| Turnover | 70 | €24,000 | - | -€24,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,856 | €718 | -€4,137 | -85.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,185 | €17,703 | -€7,482 | -29.7% |
| Other operating charges | 640/8 | €8,555 | €8,543 | -€12 | -0.1% |
| Gross operating margin | 9900 | €19,144 | €16,732 | -€2,413 | -12.6% |
| Operating profit (loss) | 9901 | -€14,596 | -€9,514 | +€5,082 | +34.8% |
| Financial income | 75/76B | - | €29,330 | +€29,330 | |
| Recurring financial income | 75 | - | €29,330 | +€29,330 | |
| Non-recurring financial income | 76B | - | €29,330 | +€29,330 | |
| Financial charges | 65/66B | €8,317 | €3,740 | -€4,577 | -55.0% |
| Recurring financial charges | 65 | €8,317 | €3,740 | -€4,577 | -55.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,913 | €16,077 | +€38,989 | |
| Profit (loss) for the period | 9904 | -€22,913 | €16,077 | +€38,989 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,913 | €16,077 | +€38,989 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.