ALMOR: 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.
ALMOR
Largest movements
- Receivables after one year -€54,211
down €54,211 (-54.2%), from €100,000 to €45,789
- Tangible fixed assets +€30,261
up €30,261 (+2,931%), from €1,032 to €31,293
of which Furniture and vehicles: +€29,458
- Cash +€22,012
up €22,012 (+3,415%), from €645 to €22,657
mainly Receivables after one year (+€54,211) and Receivables within one year (+€13,323)
- Receivables within one year -€13,323
down €13,323 (-36.9%), from €36,085 to €22,762
of which Other amounts receivable: -€21,957
- Other debts -€19,475
no longer reported in 2022 (was €19,475)
- Reserves +€8,000
up €8,000 (+15.4%), from €51,860 to €59,860
of which Distributable reserves: +€8,000
- Tax, wage and social debts -€7,412
down €7,412 (-68.3%), from €10,849 to €3,437
- Short-term financial debts -€5,600
no longer reported in 2022 (was €5,600)
- Advances received +€4,625
up €4,625 (+92.5%), from €5,000 to €9,625
- Other operating charges -€2,154
no longer reported in 2022 (was €2,154)
- Gross operating margin +€1,861
up €1,861 (+13.7%), from €13,621 to €15,481
- Depreciation +€1,360
up €1,360 (+915%), from €149 to €1,508
- Financial charges +€1,117
up €1,117 (+68.8%), from €1,624 to €2,741
- Financial income -€479
down €479 (-29.9%), from €1,600 to €1,121
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,608 | €123,253 | -€15,355 | -11.1% |
| Fixed assets | 21/28 | €1,344 | €31,293 | +€29,949 | +2,228% |
| Tangible fixed assets | 22/27 | €1,032 | €31,293 | +€30,261 | +2,931% |
| Plant, machinery and equipment | 23 | - | €803 | +€803 | |
| Furniture and vehicles | 24 | €1,032 | €30,490 | +€29,458 | +2,853% |
| Financial fixed assets | 28 | €312 | - | -€312 | |
| Current assets | 29/58 | €137,263 | €91,959 | -€45,304 | -33.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €45,789 | -€54,211 | -54.2% |
| Other amounts receivable | 291 | €100,000 | €45,789 | -€54,211 | -54.2% |
| Stocks and contracts in progress | 3 | €534 | €334 | -€200 | -37.4% |
| Stocks | 30/36 | €534 | €334 | -€200 | -37.4% |
| Amounts receivable within one year | 40/41 | €36,085 | €22,762 | -€13,323 | -36.9% |
| Trade receivables | 40 | - | €8,635 | +€8,635 | |
| Other amounts receivable | 41 | €36,085 | €14,127 | -€21,957 | -60.8% |
| Cash at bank and in hand | 54/58 | €645 | €22,657 | +€22,012 | +3,415% |
| Deferred charges and accrued income | 490/1 | - | €418 | +€418 | |
| Total equity and liabilities | 10/49 | €138,608 | €123,253 | -€15,355 | -11.1% |
| Equity | 10/15 | €94,403 | €103,318 | +€8,915 | +9.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,860 | €59,860 | +€8,000 | +15.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €58,000 | +€8,000 | +16.0% |
| Profit (loss) carried forward | 14 | €36,343 | €37,258 | +€915 | +2.5% |
| Amounts payable | 17/49 | €44,205 | €19,934 | -€24,271 | -54.9% |
| Amounts payable within one year | 42/48 | €44,205 | €19,934 | -€24,271 | -54.9% |
| Financial debts | 43 | €5,600 | - | -€5,600 | |
| Credit institutions | 430/8 | €5,600 | - | -€5,600 | |
| Trade debts | 44 | €3,280 | €6,872 | +€3,592 | +109% |
| Suppliers | 440/4 | €3,280 | €6,872 | +€3,592 | +109% |
| Advances received on contracts in progress | 46 | €5,000 | €9,625 | +€4,625 | +92.5% |
| Taxes, remuneration and social security | 45 | €10,849 | €3,437 | -€7,412 | -68.3% |
| Taxes | 450/3 | €10,849 | €3,437 | -€7,412 | -68.3% |
| Other amounts payable | 47/48 | €19,475 | - | -€19,475 | |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149 | €1,508 | +€1,360 | +915% |
| Other operating charges | 640/8 | €2,154 | - | -€2,154 | |
| Non-recurring operating charges | 66A | €309 | - | -€309 | |
| Gross operating margin | 9900 | €13,621 | €15,481 | +€1,861 | +13.7% |
| Operating profit (loss) | 9901 | €11,009 | €13,973 | +€2,964 | +26.9% |
| Financial income | 75/76B | €1,600 | €1,121 | -€479 | -29.9% |
| Recurring financial income | 75 | €1,600 | €1,121 | -€479 | -29.9% |
| Financial charges | 65/66B | €1,624 | €2,741 | +€1,117 | +68.8% |
| Recurring financial charges | 65 | €1,624 | €2,741 | +€1,117 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €10,985 | €12,353 | +€1,368 | +12.4% |
| Income taxes | 67/77 | €3,045 | €3,437 | +€392 | +12.9% |
| Profit (loss) for the period | 9904 | €7,940 | €8,915 | +€976 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,940 | €8,915 | +€976 | +12.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.