ALBA2RO: what changed
Two fiscal 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.
ALBA2RO
Largest movements
- Deferred charges and accrued income +€100,072
up €100,072 (+9547.9%), from €1,048 to €101,120
- Cash +€17,169
up €17,169 (+104.1%), from €16,498 to €33,667
mainly Other debts (+€308,967) and Net result for the year (+€170,786)
- Other debts +€308,967
up €308,967 (+106.9%), from €288,992 to €597,959
- Profit (loss) carried forward -€129,214
down €129,214 (-92.1%), from €140,258 to €11,044
- Debts after one year -€66,249
down €66,249 (-10.5%), from €630,575 to €564,326
- Financial income +€100,000
new in 2025: €100,000
- Gross operating margin +€20,128
up €20,128 (+24.6%), from €81,848 to €101,976
- Financial charges +€5,275
up €5,275 (+70.8%), from €7,447 to €12,721
- Depreciation -€3,994
down €3,994 (-98.9%), from €4,038 to €44
- Taxes +€3,460
up €3,460 (+23.2%), from €14,913 to €18,373
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 | €1,129,640 | €1,247,463 | +€117,823 | +10.4% |
| Fixed assets | 21/28 | €1,047,006 | €1,046,962 | -€44 | 0.0% |
| Tangible fixed assets | 22/27 | €44 | - | -€44 | |
| Furniture and vehicles | 24 | €44 | - | -€44 | |
| Financial fixed assets | 28 | €1,046,962 | €1,046,962 | = | 0.0% |
| Current assets | 29/58 | €82,634 | €200,501 | +€117,867 | +142.6% |
| Amounts receivable within one year | 40/41 | €65,087 | €65,714 | +€627 | +1.0% |
| Trade receivables | 40 | €65,000 | €65,000 | = | 0.0% |
| Other amounts receivable | 41 | €87 | €714 | +€627 | +717.5% |
| Cash at bank and in hand | 54/58 | €16,498 | €33,667 | +€17,169 | +104.1% |
| Deferred charges and accrued income | 490/1 | €1,048 | €101,120 | +€100,072 | +9547.9% |
| Total equity and liabilities | 10/49 | €1,129,640 | €1,247,463 | +€117,823 | +10.4% |
| Equity | 10/15 | €140,358 | €11,144 | -€129,214 | -92.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,258 | €11,044 | -€129,214 | -92.1% |
| Amounts payable | 17/49 | €989,282 | €1,236,319 | +€247,037 | +25.0% |
| Amounts payable after more than one year | 17 | €630,575 | €564,326 | -€66,249 | -10.5% |
| Financial debts | 170/4 | €630,575 | €564,326 | -€66,249 | -10.5% |
| Amounts payable within one year | 42/48 | €358,707 | €671,987 | +€313,280 | +87.3% |
| Current portion of amounts payable after more than one year | 42 | €64,586 | €65,751 | +€1,165 | +1.8% |
| Trade debts | 44 | €1,148 | €971 | -€177 | -15.5% |
| Suppliers | 440/4 | €1,148 | €971 | -€177 | -15.5% |
| Taxes, remuneration and social security | 45 | €3,980 | €7,306 | +€3,325 | +83.5% |
| Taxes | 450/3 | €3,980 | €7,306 | +€3,325 | +83.5% |
| Other amounts payable | 47/48 | €288,992 | €597,959 | +€308,967 | +106.9% |
| Accrued charges and deferred income | 492/3 | - | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,038 | €44 | -€3,994 | -98.9% |
| Other operating charges | 640/8 | €46 | €52 | +€6 | +13.0% |
| Gross operating margin | 9900 | €81,848 | €101,976 | +€20,128 | +24.6% |
| Operating profit (loss) | 9901 | €77,765 | €101,880 | +€24,116 | +31.0% |
| Financial income | 75/76B | - | €100,000 | +€100,000 | |
| Recurring financial income | 75 | - | €100,000 | +€100,000 | |
| Financial charges | 65/66B | €7,447 | €12,721 | +€5,275 | +70.8% |
| Recurring financial charges | 65 | €7,447 | €12,721 | +€5,275 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €70,318 | €189,159 | +€118,841 | +169.0% |
| Income taxes | 67/77 | €14,913 | €18,373 | +€3,460 | +23.2% |
| Profit (loss) for the period | 9904 | €55,405 | €170,786 | +€115,381 | +208.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,405 | €170,786 | +€115,381 | +208.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.