ALMSKS: 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.
ALMSKS
Largest movements
- Cash +€63,838
up €63,838 (+120%), from €53,316 to €117,154
mainly Net result for the year (+€70,604) and Depreciation (+€13,609)
- Receivables after one year +€17,347
up €17,347 (+79.2%), from €21,903 to €39,250
of which Trade receivables: +€15,082
- Tangible fixed assets -€5,838
down €5,838 (-10.9%), from €53,577 to €47,738
of which Furniture and vehicles: -€12,990
- Reserves +€70,600
up €70,600 (+72.7%), from €97,060 to €167,660
- Tax, wage and social debts +€3,860
up €3,860 (+14.6%), from €26,392 to €30,252
of which Taxes: +€3,860
- Turnover -€50,313
down €50,313 (-22.5%), from €223,386 to €173,073
- Gross operating margin -€43,049
down €43,049 (-27.6%), from €155,755 to €112,706
- Taxes -€11,348
down €11,348 (-28.9%), from €39,315 to €27,967
- Purchases and services -€7,262
down €7,262 (-10.7%), from €67,631 to €60,369
- Other operating charges -€5,590
down €5,590 (-92.2%), from €6,062 to €472
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 | €129,227 | €204,574 | +€75,346 | +58.3% |
| Fixed assets | 21/28 | €53,577 | €47,738 | -€5,838 | -10.9% |
| Tangible fixed assets | 22/27 | €53,577 | €47,738 | -€5,838 | -10.9% |
| Plant, machinery and equipment | 23 | €1,617 | €1,062 | -€554 | -34.3% |
| Furniture and vehicles | 24 | €51,960 | €38,970 | -€12,990 | -25.0% |
| Other tangible fixed assets | 26 | - | €7,706 | +€7,706 | |
| Current assets | 29/58 | €75,651 | €156,835 | +€81,185 | +107% |
| Amounts receivable after more than one year | 29 | €21,903 | €39,250 | +€17,347 | +79.2% |
| Trade receivables | 290 | €12,816 | €27,897 | +€15,082 | +118% |
| Other amounts receivable | 291 | €9,087 | €11,352 | +€2,265 | +24.9% |
| Cash at bank and in hand | 54/58 | €53,316 | €117,154 | +€63,838 | +120% |
| Deferred charges and accrued income | 490/1 | €432 | €432 | = | 0.0% |
| Total equity and liabilities | 10/49 | €129,227 | €204,574 | +€75,346 | +58.3% |
| Equity | 10/15 | €99,561 | €170,165 | +€70,604 | +70.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €97,060 | €167,660 | +€70,600 | +72.7% |
| Distributable reserves | 133 | €97,060 | €167,660 | +€70,600 | +72.7% |
| Profit (loss) carried forward | 14 | €1 | €5 | +€4 | +735% |
| Amounts payable | 17/49 | €29,667 | €34,409 | +€4,742 | +16.0% |
| Amounts payable within one year | 42/48 | €29,517 | €34,259 | +€4,742 | +16.1% |
| Trade debts | 44 | €3,125 | €4,007 | +€882 | +28.2% |
| Suppliers | 440/4 | €3,125 | €4,007 | +€882 | +28.2% |
| Taxes, remuneration and social security | 45 | €26,392 | €30,252 | +€3,860 | +14.6% |
| Taxes | 450/3 | €24,892 | €28,752 | +€3,860 | +15.5% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Turnover | 70 | €223,386 | €173,073 | -€50,313 | -22.5% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Goods, raw materials, services and sundry goods | 60/61 | €67,631 | €60,369 | -€7,262 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,036 | €13,609 | +€573 | +4.4% |
| Other operating charges | 640/8 | €6,062 | €472 | -€5,590 | -92.2% |
| Gross operating margin | 9900 | €155,755 | €112,706 | -€43,049 | -27.6% |
| Operating profit (loss) | 9901 | €136,657 | €98,625 | -€38,032 | -27.8% |
| Financial charges | 65/66B | €281 | €54 | -€227 | -80.8% |
| Recurring financial charges | 65 | €281 | €54 | -€227 | -80.8% |
| Non-recurring financial charges | 66B | €281 | €54 | -€227 | -80.8% |
| Profit (loss) for the period before taxes | 9903 | €136,376 | €98,571 | -€37,805 | -27.7% |
| Income taxes | 67/77 | €39,315 | €27,967 | -€11,348 | -28.9% |
| Profit (loss) for the period | 9904 | €97,061 | €70,604 | -€26,457 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,061 | €70,604 | -€26,457 | -27.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.