A.L.B.: 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.
A.L.B.
Largest movements
- Tangible fixed assets +€18,456
up €18,456 (+9.4%), from €195,827 to €214,283
of which Land and buildings: +€35,918
- Receivables within one year -€17,307
down €17,307 (-9.3%), from €185,890 to €168,582
of which Trade receivables: -€185,384
- Deferred charges and accrued income +€6,278
up €6,278 (+579%), from €1,084 to €7,362
- Other debts +€76,256
up €76,256 (+124%), from €61,641 to €137,897
- Debts after one year -€28,065
down €28,065 (-12.8%), from €220,070 to €192,005
- Reserves -€26,000
down €26,000 (-96.5%), from €26,954 to €954
of which Distributable reserves: -€26,000
- Profit (loss) carried forward -€22,147
no longer reported in 2025 (was €22,147)
- Trade debts +€11,146
up €11,146, from €0 to €11,146
- Gross operating margin -€7,636
down €7,636 (-10.4%), from €73,506 to €65,870
- Financial income +€7,362
new in 2025: €7,362
- Depreciation -€1,721
down €1,721 (-6.9%), from €25,039 to €23,319
- Financial charges +€1,597
up €1,597 (+10.1%), from €15,825 to €17,422
- Taxes -€1,231
down €1,231 (-14.9%), from €8,287 to €7,056
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 | €385,724 | €393,166 | +€7,442 | +1.9% |
| Fixed assets | 21/28 | €195,827 | €214,283 | +€18,456 | +9.4% |
| Tangible fixed assets | 22/27 | €195,827 | €214,283 | +€18,456 | +9.4% |
| Land and buildings | 22 | €168,698 | €204,617 | +€35,918 | +21.3% |
| Furniture and vehicles | 24 | €27,129 | €9,667 | -€17,462 | -64.4% |
| Current assets | 29/58 | €189,897 | €178,883 | -€11,014 | -5.8% |
| Amounts receivable within one year | 40/41 | €185,890 | €168,582 | -€17,307 | -9.3% |
| Trade receivables | 40 | €185,384 | - | -€185,384 | |
| Other amounts receivable | 41 | €506 | €168,582 | +€168,076 | +33,201% |
| Cash at bank and in hand | 54/58 | €2,923 | €2,939 | +€16 | +0.5% |
| Deferred charges and accrued income | 490/1 | €1,084 | €7,362 | +€6,278 | +579% |
| Total equity and liabilities | 10/49 | €385,724 | €393,166 | +€7,442 | +1.9% |
| Equity | 10/15 | €67,701 | €19,554 | -€48,147 | -71.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,954 | €954 | -€26,000 | -96.5% |
| Non-distributable reserves | 130/1 | €954 | €954 | = | 0.0% |
| Reserves not available under the articles | 1311 | €954 | €954 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | - | -€26,000 | |
| Profit (loss) carried forward | 14 | €22,147 | - | -€22,147 | |
| Amounts payable | 17/49 | €318,023 | €373,612 | +€55,589 | +17.5% |
| Amounts payable after more than one year | 17 | €220,070 | €192,005 | -€28,065 | -12.8% |
| Financial debts | 170/4 | €220,070 | €192,005 | -€28,065 | -12.8% |
| Amounts payable within one year | 42/48 | €97,953 | €179,094 | +€81,141 | +82.8% |
| Current portion of amounts payable after more than one year | 42 | €28,025 | €28,065 | +€40 | +0.1% |
| Trade debts | 44 | €0 | €11,146 | +€11,146 | |
| Suppliers | 440/4 | €0 | €11,146 | +€11,146 | |
| Taxes, remuneration and social security | 45 | €8,287 | €1,985 | -€6,301 | -76.0% |
| Taxes | 450/3 | €8,287 | €1,985 | -€6,301 | -76.0% |
| Other amounts payable | 47/48 | €61,641 | €137,897 | +€76,256 | +124% |
| Accrued charges and deferred income | 492/3 | - | €2,513 | +€2,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,039 | €23,319 | -€1,721 | -6.9% |
| Other operating charges | 640/8 | €2,643 | €2,833 | +€190 | +7.2% |
| Gross operating margin | 9900 | €73,506 | €65,870 | -€7,636 | -10.4% |
| Operating profit (loss) | 9901 | €45,824 | €39,719 | -€6,106 | -13.3% |
| Financial income | 75/76B | - | €7,362 | +€7,362 | |
| Recurring financial income | 75 | - | €7,362 | +€7,362 | |
| Financial charges | 65/66B | €15,825 | €17,422 | +€1,597 | +10.1% |
| Recurring financial charges | 65 | €15,825 | €17,422 | +€1,597 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €29,999 | €29,658 | -€341 | -1.1% |
| Income taxes | 67/77 | €8,287 | €7,056 | -€1,231 | -14.9% |
| Profit (loss) for the period | 9904 | €21,712 | €22,602 | +€890 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,712 | €22,602 | +€890 | +4.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.