ALB TRANSPORT: 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 TRANSPORT
Largest movements
- Tangible fixed assets +€77,616
up €77,616 (+29.0%), from €267,522 to €345,138
of which Leasing and similar rights: +€62,520
- Receivables within one year +€55,018
up €55,018 (+42.5%), from €129,436 to €184,454
of which Other amounts receivable: +€56,094
- Cash +€33,315
up €33,315 (+68.2%), from €48,875 to €82,190
mainly Depreciation (+€79,717) and Net result for the year (+€74,689)
- Debts after one year +€64,265
up €64,265 (+30.6%), from €209,931 to €274,196
- Profit (loss) carried forward +€51,160
up €51,160 (+43.4%), from €117,855 to €169,015
- Other debts +€23,529
new in 2025: €23,529
- Tax, wage and social debts +€16,792
up €16,792 (+73.9%), from €22,722 to €39,515
of which Taxes: +€9,568
- Current portion of long-term debt +€9,133
up €9,133 (+12.8%), from €71,244 to €80,376
- Gross operating margin +€152,278
up €152,278 (+57.4%), from €265,422 to €417,700
- Staff costs +€107,148
up €107,148 (+90.0%), from €119,028 to €226,176
- Depreciation +€27,677
up €27,677 (+53.2%), from €52,041 to €79,717
- Financial charges +€7,865
up €7,865 (+67.9%), from €11,577 to €19,442
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 | €445,833 | €612,132 | +€166,299 | +37.3% |
| Fixed assets | 21/28 | €267,522 | €345,488 | +€77,966 | +29.1% |
| Tangible fixed assets | 22/27 | €267,522 | €345,138 | +€77,616 | +29.0% |
| Furniture and vehicles | 24 | €13,171 | €28,267 | +€15,095 | +115% |
| Leasing and similar rights | 25 | €254,351 | €316,871 | +€62,520 | +24.6% |
| Financial fixed assets | 28 | - | €350 | +€350 | |
| Current assets | 29/58 | €178,311 | €266,644 | +€88,333 | +49.5% |
| Amounts receivable within one year | 40/41 | €129,436 | €184,454 | +€55,018 | +42.5% |
| Trade receivables | 40 | €113,951 | €112,875 | -€1,076 | -0.9% |
| Other amounts receivable | 41 | €15,485 | €71,579 | +€56,094 | +362% |
| Cash at bank and in hand | 54/58 | €48,875 | €82,190 | +€33,315 | +68.2% |
| Total equity and liabilities | 10/49 | €445,833 | €612,132 | +€166,299 | +37.3% |
| Equity | 10/15 | €120,855 | €172,015 | +€51,160 | +42.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,855 | €169,015 | +€51,160 | +43.4% |
| Amounts payable | 17/49 | €324,978 | €440,117 | +€115,139 | +35.4% |
| Amounts payable after more than one year | 17 | €209,931 | €274,196 | +€64,265 | +30.6% |
| Financial debts | 170/4 | €209,931 | €274,196 | +€64,265 | +30.6% |
| Amounts payable within one year | 42/48 | €115,028 | €165,899 | +€50,871 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €71,244 | €80,376 | +€9,133 | +12.8% |
| Trade debts | 44 | €21,062 | €22,479 | +€1,417 | +6.7% |
| Suppliers | 440/4 | €21,062 | €22,479 | +€1,417 | +6.7% |
| Taxes, remuneration and social security | 45 | €22,722 | €39,515 | +€16,792 | +73.9% |
| Taxes | 450/3 | €3,838 | €13,406 | +€9,568 | +249% |
| Remuneration and social security | 454/9 | €18,884 | €26,109 | +€7,224 | +38.3% |
| Other amounts payable | 47/48 | - | €23,529 | +€23,529 | |
| Accrued charges and deferred income | 492/3 | €18 | €21 | +€3 | +13.9% |
| Remuneration, social security and pensions | 62 | €119,028 | €226,176 | +€107,148 | +90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,041 | €79,717 | +€27,677 | +53.2% |
| Other operating charges | 640/8 | €95 | €587 | +€492 | +516% |
| Gross operating margin | 9900 | €265,422 | €417,700 | +€152,278 | +57.4% |
| Operating profit (loss) | 9901 | €94,258 | €111,220 | +€16,962 | +18.0% |
| Financial income | 75/76B | €423 | €2,281 | +€1,858 | +440% |
| Recurring financial income | 75 | €423 | €2,281 | +€1,858 | +440% |
| Financial charges | 65/66B | €11,577 | €19,442 | +€7,865 | +67.9% |
| Recurring financial charges | 65 | €11,577 | €19,442 | +€7,865 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | €83,103 | €94,058 | +€10,955 | +13.2% |
| Income taxes | 67/77 | €16,083 | €19,369 | +€3,286 | +20.4% |
| Profit (loss) for the period | 9904 | €67,020 | €74,689 | +€7,669 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,020 | €74,689 | +€7,669 | +11.4% |
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 24 October 2026 via checked.be.