ALB SPEED: 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.
ALB SPEED
Largest movements
- Tangible fixed assets +€23,409
up €23,409 (+2450.9%), from €955 to €24,364
of which Furniture and vehicles: +€23,727
- Cash +€12,458
up €12,458 (+28.3%), from €44,057 to €56,516
mainly Debts after one year (+€18,863) and Net result for the year (+€12,176)
- Receivables within one year +€4,030
up €4,030 (+11.0%), from €36,721 to €40,751
of which Other amounts receivable: +€6,432
- Debts after one year +€18,863
new in 2025: €18,863
- Profit (loss) carried forward +€12,176
up €12,176 (+60.3%), from €20,183 to €32,359
- Current portion of long-term debt +€5,531
new in 2025: €5,531
- Trade debts +€3,380
up €3,380 (+14.4%), from €23,494 to €26,874
- Other debts +€2,092
up €2,092 (+8.1%), from €25,914 to €28,006
- Gross operating margin -€39,191
down €39,191 (-62.8%), from €62,374 to €23,184
- Depreciation -€28,054
down €28,054 (-82.8%), from €33,883 to €5,830
- Other operating charges -€2,796
down €2,796 (-94.8%), from €2,950 to €154
- Taxes -€1,407
down €1,407 (-27.9%), from €5,046 to €3,639
- Financial charges +€1,072
up €1,072 (+343.3%), from €312 to €1,384
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 | €81,828 | €123,380 | +€41,552 | +50.8% |
| Fixed assets | 21/28 | €1,050 | €24,959 | +€23,909 | +2276.2% |
| Tangible fixed assets | 22/27 | €955 | €24,364 | +€23,409 | +2450.9% |
| Plant, machinery and equipment | 23 | €955 | €637 | -€318 | -33.3% |
| Furniture and vehicles | 24 | - | €23,727 | +€23,727 | |
| Financial fixed assets | 28 | €95 | €595 | +€500 | +524.8% |
| Current assets | 29/58 | €80,778 | €98,421 | +€17,643 | +21.8% |
| Amounts receivable within one year | 40/41 | €36,721 | €40,751 | +€4,030 | +11.0% |
| Trade receivables | 40 | €35,496 | €33,095 | -€2,402 | -6.8% |
| Other amounts receivable | 41 | €1,224 | €7,656 | +€6,432 | +525.5% |
| Cash at bank and in hand | 54/58 | €44,057 | €56,516 | +€12,458 | +28.3% |
| Deferred charges and accrued income | 490/1 | - | €1,154 | +€1,154 | |
| Total equity and liabilities | 10/49 | €81,828 | €123,380 | +€41,552 | +50.8% |
| Equity | 10/15 | €23,183 | €35,359 | +€12,176 | +52.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,183 | €32,359 | +€12,176 | +60.3% |
| Amounts payable | 17/49 | €58,645 | €88,021 | +€29,375 | +50.1% |
| Amounts payable after more than one year | 17 | - | €18,863 | +€18,863 | |
| Financial debts | 170/4 | - | €18,863 | +€18,863 | |
| Amounts payable within one year | 42/48 | €58,645 | €69,158 | +€10,512 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,531 | +€5,531 | |
| Trade debts | 44 | €23,494 | €26,874 | +€3,380 | +14.4% |
| Suppliers | 440/4 | €23,494 | €26,874 | +€3,380 | +14.4% |
| Taxes, remuneration and social security | 45 | €9,238 | €8,747 | -€490 | -5.3% |
| Taxes | 450/3 | €9,238 | €6,968 | -€2,270 | -24.6% |
| Remuneration and social security | 454/9 | - | €1,779 | +€1,779 | |
| Other amounts payable | 47/48 | €25,914 | €28,006 | +€2,092 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,883 | €5,830 | -€28,054 | -82.8% |
| Other operating charges | 640/8 | €2,950 | €154 | -€2,796 | -94.8% |
| Gross operating margin | 9900 | €62,374 | €23,184 | -€39,191 | -62.8% |
| Operating profit (loss) | 9901 | €25,541 | €17,200 | -€8,341 | -32.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €312 | €1,384 | +€1,072 | +343.3% |
| Recurring financial charges | 65 | €312 | €1,384 | +€1,072 | +343.3% |
| Profit (loss) for the period before taxes | 9903 | €25,229 | €15,815 | -€9,413 | -37.3% |
| Income taxes | 67/77 | €5,046 | €3,639 | -€1,407 | -27.9% |
| Profit (loss) for the period | 9904 | €20,183 | €12,176 | -€8,007 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,183 | €12,176 | -€8,007 | -39.7% |
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 9 October 2026 via checked.be.