ALBAGA: 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.
ALBAGA
Largest movements
- Receivables after one year +€8,881
up €8,881 (+2.9%), from €302,848 to €311,729
- Reserves +€5,200
up €5,200 (+1.6%), from €316,719 to €321,919
of which Distributable reserves: +€5,200
- Financial income +€420
up €420 (+3.3%), from €12,862 to €13,282
- Other operating charges +€322
up €322 (+68.6%), from €469 to €791
- Financial charges -€191
down €191 (-59.1%), from €324 to €132
- Taxes +€26
up €26 (+1.2%), from €2,179 to €2,205
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €387,098 | €393,158 | +€6,061 | +1.6% |
| Current assets | 29/58 | €387,098 | €393,158 | +€6,061 | +1.6% |
| Amounts receivable after more than one year | 29 | €302,848 | €311,729 | +€8,881 | +2.9% |
| Other amounts receivable | 291 | €302,848 | €311,729 | +€8,881 | +2.9% |
| Amounts receivable within one year | 40/41 | €77,930 | €74,939 | -€2,990 | -3.8% |
| Other amounts receivable | 41 | €77,930 | €74,939 | -€2,990 | -3.8% |
| Cash at bank and in hand | 54/58 | - | €4 | +€4 | |
| Deferred charges and accrued income | 490/1 | €6,320 | €6,486 | +€166 | +2.6% |
| Total equity and liabilities | 10/49 | €387,098 | €393,158 | +€6,061 | +1.6% |
| Equity | 10/15 | €378,913 | €387,397 | +€8,484 | +2.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €316,719 | €321,919 | +€5,200 | +1.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €310,519 | €315,719 | +€5,200 | +1.7% |
| Profit (loss) carried forward | 14 | €194 | €3,478 | +€3,284 | +1691.9% |
| Amounts payable | 17/49 | €8,185 | €5,762 | -€2,423 | -29.6% |
| Amounts payable within one year | 42/48 | €8,185 | €5,762 | -€2,423 | -29.6% |
| Financial debts | 43 | €80 | - | -€80 | |
| Credit institutions | 430/8 | €80 | - | -€80 | |
| Trade debts | 44 | €7,323 | €3,443 | -€3,881 | -53.0% |
| Suppliers | 440/4 | €7,323 | €3,443 | -€3,881 | -53.0% |
| Taxes, remuneration and social security | 45 | €781 | €2,319 | +€1,538 | +196.9% |
| Taxes | 450/3 | €781 | €2,319 | +€1,538 | +196.9% |
| Other operating charges | 640/8 | €469 | €791 | +€322 | +68.6% |
| Gross operating margin | 9900 | -€1,667 | -€1,670 | -€3 | -0.2% |
| Operating profit (loss) | 9901 | -€2,136 | -€2,461 | -€325 | -15.2% |
| Financial income | 75/76B | €12,862 | €13,282 | +€420 | +3.3% |
| Recurring financial income | 75 | €12,862 | €13,282 | +€420 | +3.3% |
| Financial charges | 65/66B | €324 | €132 | -€191 | -59.1% |
| Recurring financial charges | 65 | €324 | €132 | -€191 | -59.1% |
| Profit (loss) for the period before taxes | 9903 | €10,402 | €10,689 | +€286 | +2.8% |
| Income taxes | 67/77 | €2,179 | €2,205 | +€26 | +1.2% |
| Profit (loss) for the period | 9904 | €8,223 | €8,484 | +€261 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,223 | €8,484 | +€261 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.