SK ALGUN: what changed
What changed
SK ALGUN
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
-€18,355
2024 · -€100,462+€82,108
Equity
€161,440
2024 · €179,795-€18,355
Cash
€37,493
2024 · €61,118-€23,625
Balance sheet total
€730,239
2024 · €830,740-€100,501
Largest movements
Assets
- Tangible fixed assets -€56,748
down €56,748 (-16.5%), from €344,353 to €287,605
of which Plant, machinery and equipment: -€32,872
- Intangible fixed assets -€30,000
down €30,000 (-21.1%), from €142,418 to €112,418
- Cash -€23,625
down €23,625 (-38.7%), from €61,118 to €37,493
mainly Trade debts (-€47,335) and Debts after one year (-€27,793)
Equity and liabilities
- Trade debts -€47,335
down €47,335 (-9.9%), from €476,744 to €429,410
- Debts after one year -€27,793
down €27,793 (-27.2%), from €102,339 to €74,545
- Current portion of long-term debt +€27,793
up €27,793, from €0 to €27,793
- Short-term financial debts -€26,704
down €26,704 (-100%), from €26,704 to €0
- Profit (loss) carried forward -€18,355
down €18,355 (-15.3%), from €119,795 to €101,440
Income statement
- Purchases and services +€120,427
up €120,427 (+3.1%), from €3.9m to €4.0m
- Gross operating margin +€111,359
up €111,359 (+30.1%), from €369,771 to €481,131
- Depreciation +€20,337
up €20,337 (+30.0%), from €67,878 to €88,215
- Financial income -€10,003
down €10,003 (-99.9%), from €10,012 to €9
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€100,462
Gross operating margin
+€111,359
Staff costs
+€1,259
Depreciation
-€20,337
Other operating charges
+€1,076
Financial income
-€10,003
Financial charges
-€1,839
Taxes
+€591
Result 2025
-€18,355
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,547
Investment
-€1,467
Financing
-€26,704
Cash 2024
€61,118
From operations (derived)
+€4,547
Net result for the year
-€18,355
Depreciation
+€88,215
Stocks and contracts
-€6,814
Receivables within one year
-€3,912
Deferred charges and accrued income
+€855
Trade debts
-€47,335
Tax, wage and social debts
-€6,614
Other debts
-€1,560
Accrued charges and deferred income
+€66
Investment (derived)
-€1,467
Investment in fixed assets (net)
-€1,467
Financing
-€26,704
Debts after one year
-€27,793
Current portion of long-term debt
+€27,793
Short-term financial debts
-€26,704
Cash 2025
€37,493
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €830,740 | €730,239 | -€100,501 | -12.1% |
| Fixed assets | 21/28 | €540,071 | €453,323 | -€86,748 | -16.1% |
| Intangible fixed assets | 21 | €142,418 | €112,418 | -€30,000 | -21.1% |
| Tangible fixed assets | 22/27 | €344,353 | €287,605 | -€56,748 | -16.5% |
| Land and buildings | 22 | €14,096 | €12,255 | -€1,841 | -13.1% |
| Plant, machinery and equipment | 23 | €267,567 | €234,695 | -€32,872 | -12.3% |
| Furniture and vehicles | 24 | €62,690 | €40,655 | -€22,035 | -35.1% |
| Financial fixed assets | 28 | €53,300 | €53,300 | = | 0.0% |
| Current assets | 29/58 | €290,670 | €276,916 | -€13,754 | -4.7% |
| Stocks and contracts in progress | 3 | €216,591 | €223,405 | +€6,814 | +3.1% |
| Stocks | 30/36 | €216,591 | €223,405 | +€6,814 | +3.1% |
| Amounts receivable within one year | 40/41 | €10,286 | €14,198 | +€3,912 | +38.0% |
| Trade receivables | 40 | €5,878 | €5,399 | -€478 | -8.1% |
| Other amounts receivable | 41 | €4,409 | €8,799 | +€4,391 | +99.6% |
| Cash at bank and in hand | 54/58 | €61,118 | €37,493 | -€23,625 | -38.7% |
| Deferred charges and accrued income | 490/1 | €2,674 | €1,819 | -€855 | -32.0% |
| Total equity and liabilities | 10/49 | €830,740 | €730,239 | -€100,501 | -12.1% |
| Equity | 10/15 | €179,795 | €161,440 | -€18,355 | -10.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,795 | €101,440 | -€18,355 | -15.3% |
| Amounts payable | 17/49 | €650,945 | €568,798 | -€82,147 | -12.6% |
| Amounts payable after more than one year | 17 | €102,339 | €74,545 | -€27,793 | -27.2% |
| Financial debts | 170/4 | €102,339 | €74,545 | -€27,793 | -27.2% |
| Amounts payable within one year | 42/48 | €548,606 | €494,187 | -€54,419 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €27,793 | +€27,793 | |
| Financial debts | 43 | €26,704 | €0 | -€26,704 | -100% |
| Credit institutions | 430/8 | €26,704 | €0 | -€26,704 | -100% |
| Trade debts | 44 | €476,744 | €429,410 | -€47,335 | -9.9% |
| Suppliers | 440/4 | €476,744 | €429,410 | -€47,335 | -9.9% |
| Taxes, remuneration and social security | 45 | €37,139 | €30,526 | -€6,614 | -17.8% |
| Taxes | 450/3 | €13,573 | €5,738 | -€7,835 | -57.7% |
| Remuneration and social security | 454/9 | €23,566 | €24,787 | +€1,222 | +5.2% |
| Other amounts payable | 47/48 | €8,018 | €6,458 | -€1,560 | -19.5% |
| Accrued charges and deferred income | 492/3 | - | €66 | +€66 | |
| Non-recurring operating income | 76A | €15,740 | €19,786 | +€4,046 | +25.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,876,274 | €3,996,701 | +€120,427 | +3.1% |
| Remuneration, social security and pensions | 62 | €397,541 | €396,282 | -€1,259 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,878 | €88,215 | +€20,337 | +30.0% |
| Other operating charges | 640/8 | €4,815 | €3,739 | -€1,076 | -22.4% |
| Gross operating margin | 9900 | €369,771 | €481,131 | +€111,359 | +30.1% |
| Operating profit (loss) | 9901 | -€100,463 | -€7,105 | +€93,358 | +92.9% |
| Financial income | 75/76B | €10,012 | €9 | -€10,003 | -99.9% |
| Recurring financial income | 75 | €10,012 | €9 | -€10,003 | -99.9% |
| Financial charges | 65/66B | €10,011 | €11,850 | +€1,839 | +18.4% |
| Recurring financial charges | 65 | €10,011 | €11,850 | +€1,839 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | -€100,462 | -€18,946 | +€81,516 | +81.1% |
| Income taxes | 67/77 | - | -€591 | -€591 | |
| Profit (loss) for the period | 9904 | -€100,462 | -€18,355 | +€82,108 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,462 | -€18,355 | +€82,108 | +81.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.