A.L.B. CONCEPT: 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. CONCEPT
Largest movements
- Receivables within one year -€31,227
down €31,227 (-26.0%), from €120,081 to €88,854
of which Other amounts receivable: -€47,164
- Cash +€6,246
up €6,246 (+45.9%), from €13,599 to €19,846
mainly Trade debts (+€36,317) and Receivables within one year (+€31,227)
- Tax, wage and social debts -€43,609
down €43,609 (-86.4%), from €50,474 to €6,866
of which Taxes: -€45,270
- Trade debts +€36,317
up €36,317 (+58.6%), from €61,993 to €98,310
- Profit (loss) carried forward -€27,786
down €27,786 (-62.6%), from €44,411 to €16,625
- Advances received +€11,525
new in 2024: €11,525
- Depreciation -€64,875
down €64,875 (-86.2%), from €75,304 to €10,429
- Staff costs +€59,928
new in 2024: €59,928
- Gross operating margin -€37,258
down €37,258 (-41.0%), from €90,932 to €53,674
- Taxes -€4,398
no longer reported in 2024 (was €4,398)
- Financial charges +€3,837
up €3,837 (+146%), from €2,633 to €6,470
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,379 | €135,826 | -€23,553 | -14.8% |
| Fixed assets | 21/28 | €25,309 | €26,501 | +€1,192 | +4.7% |
| Tangible fixed assets | 22/27 | €25,309 | €26,501 | +€1,192 | +4.7% |
| Plant, machinery and equipment | 23 | €22,607 | €16,953 | -€5,654 | -25.0% |
| Furniture and vehicles | 24 | €2,702 | €9,548 | +€6,846 | +253% |
| Current assets | 29/58 | €134,070 | €109,325 | -€24,745 | -18.5% |
| Amounts receivable within one year | 40/41 | €120,081 | €88,854 | -€31,227 | -26.0% |
| Trade receivables | 40 | €23,800 | €39,736 | +€15,937 | +67.0% |
| Other amounts receivable | 41 | €96,282 | €49,118 | -€47,164 | -49.0% |
| Cash at bank and in hand | 54/58 | €13,599 | €19,846 | +€6,246 | +45.9% |
| Deferred charges and accrued income | 490/1 | €389 | €624 | +€236 | +60.6% |
| Total equity and liabilities | 10/49 | €159,379 | €135,826 | -€23,553 | -14.8% |
| Equity | 10/15 | €46,911 | €19,125 | -€27,786 | -59.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Share premium | 1100/10 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,411 | €16,625 | -€27,786 | -62.6% |
| Amounts payable | 17/49 | €112,468 | €116,701 | +€4,233 | +3.8% |
| Amounts payable within one year | 42/48 | €112,468 | €116,701 | +€4,233 | +3.8% |
| Trade debts | 44 | €61,993 | €98,310 | +€36,317 | +58.6% |
| Suppliers | 440/4 | €61,993 | €98,310 | +€36,317 | +58.6% |
| Advances received on contracts in progress | 46 | - | €11,525 | +€11,525 | |
| Taxes, remuneration and social security | 45 | €50,474 | €6,866 | -€43,609 | -86.4% |
| Taxes | 450/3 | €50,474 | €5,205 | -€45,270 | -89.7% |
| Remuneration and social security | 454/9 | - | €1,661 | +€1,661 | |
| Non-recurring operating income | 76A | €21,673 | €1,800 | -€19,872 | -91.7% |
| Remuneration, social security and pensions | 62 | - | €59,928 | +€59,928 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,304 | €10,429 | -€64,875 | -86.2% |
| Other operating charges | 640/8 | €3,005 | €3,235 | +€230 | +7.6% |
| Non-recurring operating charges | 66A | €2,345 | €1,409 | -€937 | -39.9% |
| Gross operating margin | 9900 | €90,932 | €53,674 | -€37,258 | -41.0% |
| Operating profit (loss) | 9901 | €10,277 | -€21,327 | -€31,604 | |
| Financial income | 75/76B | €24 | €11 | -€13 | -54.7% |
| Recurring financial income | 75 | €24 | €11 | -€13 | -54.7% |
| Financial charges | 65/66B | €2,633 | €6,470 | +€3,837 | +146% |
| Recurring financial charges | 65 | €2,633 | €6,470 | +€3,837 | +146% |
| Profit (loss) for the period before taxes | 9903 | €7,668 | -€27,786 | -€35,454 | |
| Income taxes | 67/77 | €4,398 | - | -€4,398 | |
| Profit (loss) for the period | 9904 | €3,270 | -€27,786 | -€31,056 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,270 | -€27,786 | -€31,056 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.