ALMP: 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.
ALMP
Largest movements
- Receivables within one year -€24,090
down €24,090 (-62.0%), from €38,840 to €14,751
of which Trade receivables: -€21,295
- Cash +€20,364
up €20,364 (+68.0%), from €29,943 to €50,307
mainly Receivables within one year (+€24,090) and Other debts (+€18,413)
- Tangible fixed assets -€17,420
down €17,420 (-31.5%), from €55,225 to €37,805
- Reserves -€34,814
down €34,814 (-42.9%), from €81,185 to €46,371
- Other debts +€18,413
up €18,413 (+44.5%), from €41,375 to €59,788
- Financial charges -€14,614
down €14,614 (-89.2%), from €16,390 to €1,776
- Gross operating margin -€4,328
down €4,328 (-9.3%), from €46,526 to €42,197
- Taxes +€1,539
up €1,539 (+39.7%), from €3,879 to €5,418
- Depreciation +€605
up €605 (+3.6%), from €16,815 to €17,420
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 | €724,983 | €708,260 | -€16,724 | -2.3% |
| Fixed assets | 21/28 | €655,225 | €637,805 | -€17,420 | -2.7% |
| Tangible fixed assets | 22/27 | €55,225 | €37,805 | -€17,420 | -31.5% |
| Furniture and vehicles | 24 | €55,225 | €37,805 | -€17,420 | -31.5% |
| Financial fixed assets | 28 | €600,000 | €600,000 | = | 0.0% |
| Current assets | 29/58 | €69,759 | €70,455 | +€696 | +1.0% |
| Amounts receivable within one year | 40/41 | €38,840 | €14,751 | -€24,090 | -62.0% |
| Trade receivables | 40 | €32,717 | €11,423 | -€21,295 | -65.1% |
| Other amounts receivable | 41 | €6,123 | €3,328 | -€2,795 | -45.7% |
| Cash at bank and in hand | 54/58 | €29,943 | €50,307 | +€20,364 | +68.0% |
| Deferred charges and accrued income | 490/1 | €975 | €5,397 | +€4,422 | +453% |
| Total equity and liabilities | 10/49 | €724,983 | €708,260 | -€16,724 | -2.3% |
| Equity | 10/15 | €86,185 | €51,371 | -€34,814 | -40.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,185 | €46,371 | -€34,814 | -42.9% |
| Distributable reserves | 133 | €81,185 | €46,371 | -€34,814 | -42.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €638,798 | €656,889 | +€18,090 | +2.8% |
| Amounts payable after more than one year | 17 | €556,633 | €554,929 | -€1,704 | -0.3% |
| Financial debts | 170/4 | €24,133 | €4,929 | -€19,204 | -79.6% |
| Other amounts payable | 178/9 | €532,500 | €550,000 | +€17,500 | +3.3% |
| Amounts payable within one year | 42/48 | €82,165 | €101,960 | +€19,794 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €33,410 | €34,323 | +€912 | +2.7% |
| Trade debts | 44 | €1,188 | €2,014 | +€826 | +69.6% |
| Suppliers | 440/4 | €1,188 | €2,014 | +€826 | +69.6% |
| Taxes, remuneration and social security | 45 | €6,192 | €5,834 | -€358 | -5.8% |
| Taxes | 450/3 | €6,192 | €5,834 | -€358 | -5.8% |
| Other amounts payable | 47/48 | €41,375 | €59,788 | +€18,413 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,815 | €17,420 | +€605 | +3.6% |
| Other operating charges | 640/8 | €1,258 | €1,299 | +€41 | +3.3% |
| Gross operating margin | 9900 | €46,526 | €42,197 | -€4,328 | -9.3% |
| Operating profit (loss) | 9901 | €28,452 | €23,478 | -€4,974 | -17.5% |
| Financial income | 75/76B | €1 | €23 | +€22 | +2,201% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +2,201% |
| Financial charges | 65/66B | €16,390 | €1,776 | -€14,614 | -89.2% |
| Recurring financial charges | 65 | €16,390 | €1,776 | -€14,614 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €12,063 | €21,725 | +€9,662 | +80.1% |
| Income taxes | 67/77 | €3,879 | €5,418 | +€1,539 | +39.7% |
| Profit (loss) for the period | 9904 | €8,184 | €16,307 | +€8,124 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,184 | €16,307 | +€8,124 | +99.3% |
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 18 October 2026 via checked.be.