ALMO: 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.
ALMO
Largest movements
- Tangible fixed assets +€495,088
up €495,088 (+3509.4%), from €14,107 to €509,195
- Debts after one year +€377,719
new in 2024: €377,719
of which Financial debts: +€377,269
- Trade debts +€64,331
up €64,331 (+1167.4%), from €5,511 to €69,842
of which Suppliers: +€60,860
- Current portion of long-term debt +€46,515
new in 2024: €46,515
- Other debts +€35,635
new in 2024: €35,635
- Profit (loss) carried forward -€33,007
down €33,007, from €5,556 to -€27,451
- Depreciation +€17,626
up €17,626 (+4012.7%), from €439 to €18,065
- Financial charges +€11,972
up €11,972 (+61839.7%), from €19 to €11,992
- Gross operating margin -€9,216
down €9,216, from €7,724 to -€1,491
- Taxes -€1,222
down €1,222 (-95.8%), from €1,275 to €53
- Other operating charges +€979
up €979 (+225.4%), from €434 to €1,414
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,201 | €514,260 | +€496,060 | +2725.5% |
| Fixed assets | 21/28 | €14,107 | €509,195 | +€495,088 | +3509.4% |
| Tangible fixed assets | 22/27 | €14,107 | €509,195 | +€495,088 | +3509.4% |
| Plant, machinery and equipment | 23 | €14,107 | €509,195 | +€495,088 | +3509.4% |
| Current assets | 29/58 | €4,093 | €5,065 | +€972 | +23.7% |
| Amounts receivable within one year | 40/41 | €3,146 | €4,839 | +€1,693 | +53.8% |
| Trade receivables | 40 | €2,790 | €4,116 | +€1,326 | +47.5% |
| Other amounts receivable | 41 | €356 | €723 | +€367 | +103.1% |
| Cash at bank and in hand | 54/58 | €942 | €175 | -€766 | -81.4% |
| Deferred charges and accrued income | 490/1 | €6 | €51 | +€45 | +761.7% |
| Total equity and liabilities | 10/49 | €18,201 | €514,260 | +€496,060 | +2725.5% |
| Equity | 10/15 | €10,556 | -€22,451 | -€33,007 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,556 | -€27,451 | -€33,007 | |
| Amounts payable | 17/49 | €7,645 | €536,712 | +€529,067 | +6920.7% |
| Amounts payable after more than one year | 17 | - | €377,719 | +€377,719 | |
| Financial debts | 170/4 | - | €377,269 | +€377,269 | |
| Other amounts payable | 178/9 | - | €450 | +€450 | |
| Amounts payable within one year | 42/48 | €7,645 | €158,992 | +€151,347 | +1979.8% |
| Current portion of amounts payable after more than one year | 42 | - | €46,515 | +€46,515 | |
| Trade debts | 44 | €5,511 | €69,842 | +€64,331 | +1167.4% |
| Suppliers | 440/4 | €5,511 | €66,371 | +€60,860 | +1104.4% |
| Bills of exchange payable | 441 | - | €3,471 | +€3,471 | |
| Taxes, remuneration and social security | 45 | €2,134 | €7,000 | +€4,866 | +228.0% |
| Taxes | 450/3 | €2,134 | €7,000 | +€4,866 | +228.0% |
| Other amounts payable | 47/48 | - | €35,635 | +€35,635 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €439 | €18,065 | +€17,626 | +4012.7% |
| Other operating charges | 640/8 | €434 | €1,414 | +€979 | +225.4% |
| Gross operating margin | 9900 | €7,724 | -€1,491 | -€9,216 | |
| Operating profit (loss) | 9901 | €6,851 | -€20,970 | -€27,821 | |
| Financial income | 75/76B | €0 | €7 | +€7 | +74200.0% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +74200.0% |
| Financial charges | 65/66B | €19 | €11,992 | +€11,972 | +61839.7% |
| Recurring financial charges | 65 | €19 | €11,992 | +€11,972 | +61839.7% |
| Profit (loss) for the period before taxes | 9903 | €6,831 | -€32,954 | -€39,785 | |
| Income taxes | 67/77 | €1,275 | €53 | -€1,222 | -95.8% |
| Profit (loss) for the period | 9904 | €5,556 | -€33,007 | -€38,563 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,556 | -€33,007 | -€38,563 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.