ALMICO INVEST: 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.
ALMICO INVEST
Largest movements
- Tangible fixed assets -€245,133
down €245,133 (-48.8%), from €502,627 to €257,494
of which Land and buildings: -€397,920
- Cash +€232,710
up €232,710 (+451%), from €51,641 to €284,350
mainly Investment in fixed assets (net) (+€228,708) and Net result for the year (+€178,427)
- Current investments +€200,000
up €200,000 (+25.0%), from €800,000 to €1.0m
- Receivables within one year +€31,363
up €31,363 (+54.7%), from €57,377 to €88,740
of which Other amounts receivable: +€38,792
- Reserves +€178,427
up €178,427 (+15.0%), from €1.2m to €1.4m
of which Distributable reserves: +€178,427
- Tax, wage and social debts +€35,865
up €35,865 (+90.8%), from €39,497 to €75,361
- Gross operating margin +€194,511
up €194,511 (+171%), from €113,618 to €308,128
- Taxes +€71,164
up €71,164 (+430%), from €16,554 to €87,718
- Financial income +€14,313
up €14,313 (+88.8%), from €16,116 to €30,429
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 | €2,395,644 | €2,614,584 | +€218,940 | +9.1% |
| Fixed assets | 21/28 | €1,486,627 | €1,241,494 | -€245,133 | -16.5% |
| Tangible fixed assets | 22/27 | €502,627 | €257,494 | -€245,133 | -48.8% |
| Land and buildings | 22 | €463,237 | €65,318 | -€397,920 | -85.9% |
| Plant, machinery and equipment | 23 | €1,878 | €1,040 | -€838 | -44.6% |
| Furniture and vehicles | 24 | €37,511 | €191,136 | +€153,625 | +410% |
| Financial fixed assets | 28 | €984,000 | €984,000 | = | 0.0% |
| Current assets | 29/58 | €909,018 | €1,373,091 | +€464,073 | +51.1% |
| Amounts receivable within one year | 40/41 | €57,377 | €88,740 | +€31,363 | +54.7% |
| Trade receivables | 40 | €43,231 | €35,802 | -€7,429 | -17.2% |
| Other amounts receivable | 41 | €14,146 | €52,938 | +€38,792 | +274% |
| Current investments | 50/53 | €800,000 | €1,000,000 | +€200,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €51,641 | €284,350 | +€232,710 | +451% |
| Total equity and liabilities | 10/49 | €2,395,644 | €2,614,584 | +€218,940 | +9.1% |
| Equity | 10/15 | €1,535,724 | €1,714,151 | +€178,427 | +11.6% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Capital | 10 | €350,000 | €350,000 | = | 0.0% |
| Issued capital | 100 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €1,185,724 | €1,364,151 | +€178,427 | +15.0% |
| Non-distributable reserves | 130/1 | €35,000 | €35,000 | = | 0.0% |
| Legal reserve | 130 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €1,150,724 | €1,329,151 | +€178,427 | +15.5% |
| Amounts payable | 17/49 | €859,920 | €900,433 | +€40,513 | +4.7% |
| Amounts payable after more than one year | 17 | €800,000 | €800,000 | = | 0.0% |
| Other amounts payable | 178/9 | €800,000 | €800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,768 | €84,877 | +€43,109 | +103% |
| Financial debts | 43 | - | €4,045 | +€4,045 | |
| Other loans | 439 | - | €4,045 | +€4,045 | |
| Trade debts | 44 | €2,271 | €5,471 | +€3,199 | +141% |
| Suppliers | 440/4 | €2,271 | €5,471 | +€3,199 | +141% |
| Taxes, remuneration and social security | 45 | €39,497 | €75,361 | +€35,865 | +90.8% |
| Taxes | 450/3 | €39,497 | €75,361 | +€35,865 | +90.8% |
| Accrued charges and deferred income | 492/3 | €18,152 | €15,556 | -€2,596 | -14.3% |
| Non-recurring operating income | 76A | - | €237,205 | +€237,205 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,017 | €16,425 | +€2,408 | +17.2% |
| Other operating charges | 640/8 | €8,868 | €8,277 | -€590 | -6.7% |
| Gross operating margin | 9900 | €113,618 | €308,128 | +€194,511 | +171% |
| Operating profit (loss) | 9901 | €90,733 | €283,426 | +€192,693 | +212% |
| Financial income | 75/76B | €16,116 | €30,429 | +€14,313 | +88.8% |
| Recurring financial income | 75 | €16,116 | €30,429 | +€14,313 | +88.8% |
| Financial charges | 65/66B | €45,634 | €47,711 | +€2,077 | +4.6% |
| Recurring financial charges | 65 | €45,634 | €47,711 | +€2,077 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €61,216 | €266,144 | +€204,929 | +335% |
| Income taxes | 67/77 | €16,554 | €87,718 | +€71,164 | +430% |
| Profit (loss) for the period | 9904 | €44,662 | €178,427 | +€133,765 | +300% |
| Profit (loss) for the period to be appropriated | 9905 | €44,662 | €178,427 | +€133,765 | +300% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.