ALBA-TRANS: 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.
ALBA-TRANS
Largest movements
- Tangible fixed assets +€115,866
up €115,866 (+5,701%), from €2,032 to €117,898
of which Furniture and vehicles: +€115,325
- Current investments +€50,191
new in 2025: €50,191
- Cash -€48,662
down €48,662 (-13.3%), from €365,631 to €316,969
mainly Investment in fixed assets (net) (-€122,719) and Current investments (-€50,191)
- Receivables within one year +€17,357
up €17,357 (+79.1%), from €21,942 to €39,298
of which Other amounts receivable: +€11,102
- Debts after one year +€87,864
up €87,864 (+226%), from €38,800 to €126,664
- Profit (loss) carried forward +€32,608
up €32,608 (+14.0%), from €233,087 to €265,695
- Current portion of long-term debt +€27,426
up €27,426 (+91.4%), from €30,000 to €57,426
- Tax, wage and social debts -€16,319
down €16,319 (-65.0%), from €25,104 to €8,786
of which Taxes: -€13,556
- Gross operating margin +€17,041
up €17,041 (+11.8%), from €144,115 to €161,155
- Staff costs +€15,059
up €15,059 (+22.1%), from €68,009 to €83,067
- Depreciation +€5,813
up €5,813 (+558%), from €1,041 to €6,854
- Other operating charges +€4,982
up €4,982 (+17.3%), from €28,861 to €33,842
- Taxes -€3,576
down €3,576 (-33.9%), from €10,542 to €6,966
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 | €391,200 | €525,079 | +€133,879 | +34.2% |
| Fixed assets | 21/28 | €2,437 | €118,303 | +€115,866 | +4,754% |
| Tangible fixed assets | 22/27 | €2,032 | €117,898 | +€115,866 | +5,701% |
| Plant, machinery and equipment | 23 | - | €540 | +€540 | |
| Furniture and vehicles | 24 | €2,032 | €117,358 | +€115,325 | +5,675% |
| Financial fixed assets | 28 | €405 | €405 | = | 0.0% |
| Current assets | 29/58 | €388,763 | €406,776 | +€18,014 | +4.6% |
| Amounts receivable within one year | 40/41 | €21,942 | €39,298 | +€17,357 | +79.1% |
| Trade receivables | 40 | €21,942 | €28,196 | +€6,255 | +28.5% |
| Other amounts receivable | 41 | - | €11,102 | +€11,102 | |
| Current investments | 50/53 | - | €50,191 | +€50,191 | |
| Cash at bank and in hand | 54/58 | €365,631 | €316,969 | -€48,662 | -13.3% |
| Deferred charges and accrued income | 490/1 | €1,190 | €318 | -€872 | -73.3% |
| Total equity and liabilities | 10/49 | €391,200 | €525,079 | +€133,879 | +34.2% |
| Equity | 10/15 | €290,788 | €323,396 | +€32,608 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,101 | €39,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,241 | €37,241 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,087 | €265,695 | +€32,608 | +14.0% |
| Amounts payable | 17/49 | €100,412 | €201,683 | +€101,271 | +101% |
| Amounts payable after more than one year | 17 | €38,800 | €126,664 | +€87,864 | +226% |
| Financial debts | 170/4 | €38,800 | €126,664 | +€87,864 | +226% |
| Amounts payable within one year | 42/48 | €61,612 | €74,950 | +€13,338 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €57,426 | +€27,426 | +91.4% |
| Trade debts | 44 | €6,131 | €7,102 | +€971 | +15.8% |
| Suppliers | 440/4 | €6,131 | €7,102 | +€971 | +15.8% |
| Taxes, remuneration and social security | 45 | €25,104 | €8,786 | -€16,319 | -65.0% |
| Taxes | 450/3 | €17,476 | €3,919 | -€13,556 | -77.6% |
| Remuneration and social security | 454/9 | €7,629 | €4,866 | -€2,763 | -36.2% |
| Other amounts payable | 47/48 | €377 | €1,637 | +€1,260 | +334% |
| Accrued charges and deferred income | 492/3 | - | €69 | +€69 | |
| Non-recurring operating income | 76A | - | €9,795 | +€9,795 | |
| Remuneration, social security and pensions | 62 | €68,009 | €83,067 | +€15,059 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,041 | €6,854 | +€5,813 | +558% |
| Other operating charges | 640/8 | €28,861 | €33,842 | +€4,982 | +17.3% |
| Non-recurring operating charges | 66A | €315 | - | -€315 | |
| Gross operating margin | 9900 | €144,115 | €161,155 | +€17,041 | +11.8% |
| Operating profit (loss) | 9901 | €45,890 | €37,392 | -€8,497 | -18.5% |
| Financial income | 75/76B | €3,158 | €2,876 | -€282 | -8.9% |
| Recurring financial income | 75 | €3,158 | €2,876 | -€282 | -8.9% |
| Financial charges | 65/66B | €469 | €694 | +€225 | +48.0% |
| Recurring financial charges | 65 | €469 | €694 | +€225 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €48,579 | €39,574 | -€9,005 | -18.5% |
| Income taxes | 67/77 | €10,542 | €6,966 | -€3,576 | -33.9% |
| Profit (loss) for the period | 9904 | €38,037 | €32,608 | -€5,429 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,037 | €32,608 | -€5,429 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.