ALMT Protect: 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.
ALMT Protect
Largest movements
- Financial fixed assets -€68,151
down €68,151 (-85.3%), from €79,858 to €11,707
- Receivables within one year +€32,705
up €32,705 (+18.3%), from €179,062 to €211,766
of which Trade receivables: +€33,069
- Stocks and contracts -€24,929
down €24,929 (-17.1%), from €145,872 to €120,943
- Deferred charges and accrued income +€15,113
up €15,113 (+35.3%), from €42,808 to €57,921
- Tangible fixed assets -€13,831
down €13,831 (-40.4%), from €34,193 to €20,362
- Profit (loss) carried forward -€57,197
down €57,197 (-72.5%), from €78,892 to €21,695
- Other debts -€34,432
down €34,432 (-24.6%), from €139,976 to €105,544
- Current portion of long-term debt +€30,000
new in 2023: €30,000
- Trade debts +€15,939
up €15,939 (+31.2%), from €51,137 to €67,075
- Tax, wage and social debts -€15,496
down €15,496 (-34.9%), from €44,394 to €28,897
of which Taxes: -€15,920
- Purchases and services +€45,577
up €45,577 (+9.5%), from €481,633 to €527,210
- Turnover +€36,692
up €36,692 (+5.7%), from €644,277 to €680,969
- Financial charges +€11,030
up €11,030 (+581%), from €1,899 to €12,929
of which Non-recurring financial charges: +€10,455
- Gross operating margin -€8,885
down €8,885 (-5.5%), from €162,644 to €153,759
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €500,231 | €433,495 | -€66,735 | -13.3% |
| Fixed assets | 21/28 | €114,051 | €32,069 | -€81,982 | -71.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €34,193 | €20,362 | -€13,831 | -40.4% |
| Furniture and vehicles | 24 | €34,193 | €20,362 | -€13,831 | -40.4% |
| Financial fixed assets | 28 | €79,858 | €11,707 | -€68,151 | -85.3% |
| Current assets | 29/58 | €386,179 | €401,426 | +€15,247 | +3.9% |
| Stocks and contracts in progress | 3 | €145,872 | €120,943 | -€24,929 | -17.1% |
| Stocks | 30/36 | €145,872 | €120,943 | -€24,929 | -17.1% |
| Amounts receivable within one year | 40/41 | €179,062 | €211,766 | +€32,705 | +18.3% |
| Trade receivables | 40 | €131,425 | €164,494 | +€33,069 | +25.2% |
| Other amounts receivable | 41 | €47,636 | €47,272 | -€364 | -0.8% |
| Cash at bank and in hand | 54/58 | €18,438 | €10,796 | -€7,642 | -41.4% |
| Deferred charges and accrued income | 490/1 | €42,808 | €57,921 | +€15,113 | +35.3% |
| Total equity and liabilities | 10/49 | €500,231 | €433,495 | -€66,735 | -13.3% |
| Equity | 10/15 | €249,352 | €192,155 | -€57,197 | -22.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,860 | €151,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,892 | €21,695 | -€57,197 | -72.5% |
| Amounts payable | 17/49 | €250,878 | €241,340 | -€9,538 | -3.8% |
| Amounts payable within one year | 42/48 | €235,506 | €231,517 | -€3,990 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | - | €30,000 | +€30,000 | |
| Trade debts | 44 | €51,137 | €67,075 | +€15,939 | +31.2% |
| Suppliers | 440/4 | €51,137 | €67,075 | +€15,939 | +31.2% |
| Taxes, remuneration and social security | 45 | €44,394 | €28,897 | -€15,496 | -34.9% |
| Taxes | 450/3 | €17,295 | €1,375 | -€15,920 | -92.0% |
| Remuneration and social security | 454/9 | €27,098 | €27,522 | +€424 | +1.6% |
| Other amounts payable | 47/48 | €139,976 | €105,544 | -€34,432 | -24.6% |
| Accrued charges and deferred income | 492/3 | €15,372 | €9,823 | -€5,549 | -36.1% |
| Turnover | 70 | €644,277 | €680,969 | +€36,692 | +5.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €481,633 | €527,210 | +€45,577 | +9.5% |
| Remuneration, social security and pensions | 62 | €176,664 | €174,125 | -€2,539 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,162 | €17,186 | -€3,976 | -18.8% |
| Other operating charges | 640/8 | €4,584 | €822 | -€3,761 | -82.1% |
| Non-recurring operating charges | 66A | €589 | - | -€589 | |
| Gross operating margin | 9900 | €162,644 | €153,759 | -€8,885 | -5.5% |
| Operating profit (loss) | 9901 | -€40,354 | -€38,374 | +€1,980 | +4.9% |
| Financial income | 75/76B | €11 | €31 | +€20 | +189% |
| Recurring financial income | 75 | €11 | €31 | +€20 | +189% |
| Financial charges | 65/66B | €1,899 | €12,929 | +€11,030 | +581% |
| Recurring financial charges | 65 | €1,899 | €2,474 | +€574 | +30.2% |
| Non-recurring financial charges | 66B | - | €10,455 | +€10,455 | |
| Profit (loss) for the period before taxes | 9903 | -€42,243 | -€51,273 | -€9,030 | -21.4% |
| Income taxes | 67/77 | €1,010 | €5,925 | +€4,914 | +486% |
| Profit (loss) for the period | 9904 | -€43,253 | -€57,197 | -€13,944 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,253 | -€57,197 | -€13,944 | -32.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.