ALMIET: 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.
ALMIET
Largest movements
- Receivables within one year -€18,783
down €18,783 (-25.9%), from €72,530 to €53,747
of which Trade receivables: -€21,670
- Tangible fixed assets -€14,998
down €14,998 (-5.9%), from €253,434 to €238,436
- Profit (loss) carried forward +€16,898
up €16,898 (+46.2%), from -€36,568 to -€19,670
- Other debts -€11,853
down €11,853 (-14.2%), from €83,563 to €71,710
- Advances received -€11,611
no longer reported in 2024 (was €11,611)
- Debts after one year -€9,077
down €9,077 (-23.8%), from €38,127 to €29,050
- Accrued charges and deferred income -€5,586
no longer reported in 2024 (was €5,586)
- Purchases and services -€9,339
down €9,339 (-15.2%), from €61,253 to €51,914
- Gross operating margin +€6,709
up €6,709 (+18.4%), from €36,490 to €43,199
- Financial income -€3,564
down €3,564 (-67.1%), from €5,309 to €1,745
of which Non-recurring financial income: -€4,892
- Financial charges -€3,489
down €3,489 (-61.6%), from €5,664 to €2,175
- Turnover -€2,603
down €2,603 (-2.7%), from €97,743 to €95,140
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,964 | €292,183 | -€33,781 | -10.4% |
| Fixed assets | 21/28 | €253,434 | €238,436 | -€14,998 | -5.9% |
| Tangible fixed assets | 22/27 | €253,434 | €238,436 | -€14,998 | -5.9% |
| Land and buildings | 22 | €253,434 | €238,436 | -€14,998 | -5.9% |
| Current assets | 29/58 | €72,530 | €53,747 | -€18,783 | -25.9% |
| Amounts receivable within one year | 40/41 | €72,530 | €53,747 | -€18,783 | -25.9% |
| Trade receivables | 40 | €29,416 | €7,746 | -€21,670 | -73.7% |
| Other amounts receivable | 41 | €43,114 | €46,001 | +€2,887 | +6.7% |
| Total equity and liabilities | 10/49 | €325,964 | €292,183 | -€33,781 | -10.4% |
| Equity | 10/15 | €129,154 | €141,770 | +€12,616 | +9.8% |
| Contributions | 10/11 | €78,106 | €78,106 | = | 0.0% |
| Reserves | 13 | €87,616 | €83,334 | -€4,282 | -4.9% |
| Tax-exempt reserves | 132 | €42,912 | €38,630 | -€4,282 | -10.0% |
| Distributable reserves | 133 | €44,704 | €44,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,568 | -€19,670 | +€16,898 | +46.2% |
| Provisions and deferred taxes | 16 | €21,115 | €19,003 | -€2,112 | -10.0% |
| Deferred taxes | 168 | €21,115 | €19,003 | -€2,112 | -10.0% |
| Amounts payable | 17/49 | €175,695 | €131,410 | -€44,285 | -25.2% |
| Amounts payable after more than one year | 17 | €38,127 | €29,050 | -€9,077 | -23.8% |
| Financial debts | 170/4 | €38,127 | €29,050 | -€9,077 | -23.8% |
| Amounts payable within one year | 42/48 | €131,982 | €102,360 | -€29,622 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €14,638 | €9,427 | -€5,211 | -35.6% |
| Financial debts | 43 | €8,492 | €10,307 | +€1,815 | +21.4% |
| Credit institutions | 430/8 | €8,492 | €10,307 | +€1,815 | +21.4% |
| Trade debts | 44 | €6,149 | €2,326 | -€3,823 | -62.2% |
| Suppliers | 440/4 | €6,149 | €2,326 | -€3,823 | -62.2% |
| Advances received on contracts in progress | 46 | €11,611 | - | -€11,611 | |
| Taxes, remuneration and social security | 45 | €7,529 | €8,590 | +€1,061 | +14.1% |
| Taxes | 450/3 | €7,529 | €8,590 | +€1,061 | +14.1% |
| Other amounts payable | 47/48 | €83,563 | €71,710 | -€11,853 | -14.2% |
| Accrued charges and deferred income | 492/3 | €5,586 | - | -€5,586 | |
| Turnover | 70 | €97,743 | €95,140 | -€2,603 | -2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,253 | €51,914 | -€9,339 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,769 | €21,410 | +€641 | +3.1% |
| Other operating charges | 640/8 | €3,181 | €5,230 | +€2,049 | +64.4% |
| Gross operating margin | 9900 | €36,490 | €43,199 | +€6,709 | +18.4% |
| Operating profit (loss) | 9901 | €12,540 | €16,559 | +€4,019 | +32.0% |
| Financial income | 75/76B | €5,309 | €1,745 | -€3,564 | -67.1% |
| Recurring financial income | 75 | €417 | €1,745 | +€1,328 | +318.5% |
| Non-recurring financial income | 76B | €4,892 | - | -€4,892 | |
| Financial charges | 65/66B | €5,664 | €2,175 | -€3,489 | -61.6% |
| Recurring financial charges | 65 | €5,664 | €2,175 | -€3,489 | -61.6% |
| Profit (loss) for the period before taxes | 9903 | €12,185 | €16,129 | +€3,944 | +32.4% |
| Transfer from deferred taxes | 780 | €2,112 | €2,112 | = | 0.0% |
| Income taxes | 67/77 | €4,789 | €5,625 | +€836 | +17.5% |
| Profit (loss) for the period | 9904 | €9,508 | €12,616 | +€3,108 | +32.7% |
| Transfer from tax-exempt reserves | 789 | €4,282 | €4,282 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,790 | €16,898 | +€3,108 | +22.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.