ALBAFER: 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.
ALBAFER
Largest movements
- Cash +€35,885
up €35,885 (+61.5%), from €58,340 to €94,225
mainly Net result for the year (+€23,650) and Depreciation (+€15,474)
- Tangible fixed assets -€15,474
down €15,474 (-6.4%), from €241,858 to €226,384
of which Land and buildings: -€11,553
- Receivables within one year -€9,311
down €9,311 (-80.0%), from €11,639 to €2,328
of which Trade receivables: -€10,573
- Reserves +€23,650
up €23,650 (+45.8%), from €51,593 to €75,242
of which Distributable reserves: +€23,650
- Debts after one year -€11,661
down €11,661 (-8.2%), from €141,614 to €129,953
- Gross operating margin -€9,332
down €9,332 (-12.3%), from €75,717 to €66,385
- Taxes -€2,878
down €2,878 (-20.7%), from €13,915 to €11,037
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 | €312,738 | €323,845 | +€11,107 | +3.6% |
| Fixed assets | 21/28 | €241,858 | €226,384 | -€15,474 | -6.4% |
| Tangible fixed assets | 22/27 | €241,858 | €226,384 | -€15,474 | -6.4% |
| Land and buildings | 22 | €221,331 | €209,777 | -€11,553 | -5.2% |
| Other tangible fixed assets | 26 | €20,527 | €16,607 | -€3,921 | -19.1% |
| Current assets | 29/58 | €70,880 | €97,461 | +€26,581 | +37.5% |
| Amounts receivable within one year | 40/41 | €11,639 | €2,328 | -€9,311 | -80.0% |
| Trade receivables | 40 | €10,573 | €0 | -€10,573 | -100.0% |
| Other amounts receivable | 41 | €1,066 | €2,328 | +€1,262 | +118.5% |
| Cash at bank and in hand | 54/58 | €58,340 | €94,225 | +€35,885 | +61.5% |
| Deferred charges and accrued income | 490/1 | €901 | €908 | +€7 | +0.8% |
| Total equity and liabilities | 10/49 | €312,738 | €323,845 | +€11,107 | +3.6% |
| Equity | 10/15 | €150,496 | €174,146 | +€23,650 | +15.7% |
| Contributions | 10/11 | €76,897 | €76,897 | = | 0.0% |
| Capital | 10 | €76,897 | €76,897 | = | 0.0% |
| Issued capital | 100 | €76,897 | €76,897 | = | 0.0% |
| Reserves | 13 | €51,593 | €75,242 | +€23,650 | +45.8% |
| Non-distributable reserves | 130/1 | €7,690 | €7,690 | = | 0.0% |
| Legal reserve | 130 | €7,690 | €7,690 | = | 0.0% |
| Distributable reserves | 133 | €43,903 | €67,553 | +€23,650 | +53.9% |
| Profit (loss) carried forward | 14 | €22,007 | €22,007 | = | 0.0% |
| Amounts payable | 17/49 | €162,242 | €149,699 | -€12,543 | -7.7% |
| Amounts payable after more than one year | 17 | €141,614 | €129,953 | -€11,661 | -8.2% |
| Financial debts | 170/4 | €141,614 | €129,953 | -€11,661 | -8.2% |
| Amounts payable within one year | 42/48 | €15,454 | €14,410 | -€1,044 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €11,319 | €11,661 | +€342 | +3.0% |
| Trade debts | 44 | €0 | €384 | +€384 | |
| Suppliers | 440/4 | €0 | €384 | +€384 | |
| Taxes, remuneration and social security | 45 | €2,980 | €2,365 | -€615 | -20.7% |
| Taxes | 450/3 | €2,980 | €2,365 | -€615 | -20.7% |
| Other amounts payable | 47/48 | €1,155 | €0 | -€1,155 | -100.0% |
| Accrued charges and deferred income | 492/3 | €5,173 | €5,336 | +€163 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,760 | €15,474 | -€286 | -1.8% |
| Other operating charges | 640/8 | €10,530 | €11,000 | +€470 | +4.5% |
| Gross operating margin | 9900 | €75,717 | €66,385 | -€9,332 | -12.3% |
| Operating profit (loss) | 9901 | €49,428 | €39,912 | -€9,516 | -19.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €5,708 | €5,226 | -€482 | -8.5% |
| Recurring financial charges | 65 | €5,708 | €5,226 | -€482 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €43,719 | €34,687 | -€9,033 | -20.7% |
| Income taxes | 67/77 | €13,915 | €11,037 | -€2,878 | -20.7% |
| Profit (loss) for the period | 9904 | €29,804 | €23,650 | -€6,155 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,804 | €23,650 | -€6,155 | -20.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.