Algrocon: what changed
Two fiscal 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.
Algrocon
Largest movements
- Cash +€99,160
up €99,160 (+68.0%), from €145,929 to €245,090
mainly Depreciation (+€116,699) and Net result for the year (+€87,887)
- Tangible fixed assets -€85,963
down €85,963 (-13.5%), from €635,059 to €549,096
- Current investments -€70,000
no longer reported in 2025 (was €70,000)
- Receivables within one year +€34,637
up €34,637 (+13.3%), from €260,707 to €295,344
of which Trade receivables: +€32,349
- Profit (loss) carried forward +€87,887
up €87,887 (+16.6%), from €528,558 to €616,445
- Debts after one year -€47,459
down €47,459 (-16.1%), from €294,350 to €246,891
- Trade debts -€45,967
down €45,967 (-27.9%), from €164,561 to €118,594
- Current portion of long-term debt -€23,511
down €23,511 (-33.1%), from €70,970 to €47,459
- Gross operating margin -€27,846
down €27,846 (-10.0%), from €279,794 to €251,947
- Taxes -€7,243
down €7,243 (-18.7%), from €38,690 to €31,448
- Financial charges +€4,414
up €4,414 (+53.6%), from €8,237 to €12,652
- Financial income +€3,377
up €3,377 (+90.3%), from €3,741 to €7,118
- Depreciation +€2,962
up €2,962 (+2.6%), from €113,737 to €116,699
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.
Cash bridge derived
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 | €1,138,813 | €1,118,426 | -€20,387 | -1.8% |
| Fixed assets | 21/28 | €650,077 | €564,314 | -€85,763 | -13.2% |
| Tangible fixed assets | 22/27 | €635,059 | €549,096 | -€85,963 | -13.5% |
| Land and buildings | 22 | €387,133 | €372,403 | -€14,730 | -3.8% |
| Plant, machinery and equipment | 23 | €111,730 | €93,567 | -€18,163 | -16.3% |
| Furniture and vehicles | 24 | €102,481 | €77,101 | -€25,380 | -24.8% |
| Leasing and similar rights | 25 | €33,715 | €6,025 | -€27,690 | -82.1% |
| Financial fixed assets | 28 | €15,018 | €15,218 | +€200 | +1.3% |
| Current assets | 29/58 | €488,736 | €554,112 | +€65,376 | +13.4% |
| Amounts receivable within one year | 40/41 | €260,707 | €295,344 | +€34,637 | +13.3% |
| Trade receivables | 40 | €177,444 | €209,793 | +€32,349 | +18.2% |
| Other amounts receivable | 41 | €83,263 | €85,551 | +€2,288 | +2.7% |
| Current investments | 50/53 | €70,000 | - | -€70,000 | |
| Cash at bank and in hand | 54/58 | €145,929 | €245,090 | +€99,160 | +68.0% |
| Deferred charges and accrued income | 490/1 | €12,099 | €13,679 | +€1,579 | +13.1% |
| Total equity and liabilities | 10/49 | €1,138,813 | €1,118,426 | -€20,387 | -1.8% |
| Equity | 10/15 | €549,018 | €636,905 | +€87,887 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €528,558 | €616,445 | +€87,887 | +16.6% |
| Amounts payable | 17/49 | €589,795 | €481,521 | -€108,274 | -18.4% |
| Amounts payable after more than one year | 17 | €294,350 | €246,891 | -€47,459 | -16.1% |
| Financial debts | 170/4 | €294,350 | €246,891 | -€47,459 | -16.1% |
| Amounts payable within one year | 42/48 | €295,445 | €234,630 | -€60,815 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €70,970 | €47,459 | -€23,511 | -33.1% |
| Trade debts | 44 | €164,561 | €118,594 | -€45,967 | -27.9% |
| Suppliers | 440/4 | €164,561 | €118,594 | -€45,967 | -27.9% |
| Taxes, remuneration and social security | 45 | €8,532 | €11,623 | +€3,090 | +36.2% |
| Taxes | 450/3 | €3,203 | €5,234 | +€2,032 | +63.4% |
| Remuneration and social security | 454/9 | €5,330 | €6,389 | +€1,059 | +19.9% |
| Other amounts payable | 47/48 | €51,381 | €56,954 | +€5,573 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,737 | €116,699 | +€2,962 | +2.6% |
| Other operating charges | 640/8 | €8,843 | €10,381 | +€1,537 | +17.4% |
| Gross operating margin | 9900 | €279,794 | €251,947 | -€27,846 | -10.0% |
| Operating profit (loss) | 9901 | €157,213 | €124,867 | -€32,346 | -20.6% |
| Financial income | 75/76B | €3,741 | €7,118 | +€3,377 | +90.3% |
| Recurring financial income | 75 | €3,741 | €7,118 | +€3,377 | +90.3% |
| Financial charges | 65/66B | €8,237 | €12,652 | +€4,414 | +53.6% |
| Recurring financial charges | 65 | €8,237 | €12,652 | +€4,414 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €152,717 | €119,334 | -€33,383 | -21.9% |
| Income taxes | 67/77 | €38,690 | €31,448 | -€7,243 | -18.7% |
| Profit (loss) for the period | 9904 | €114,026 | €87,887 | -€26,140 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,026 | €87,887 | -€26,140 | -22.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.