ALBANO: 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.
ALBANO
Largest movements
- Tangible fixed assets -€5,072
down €5,072 (-18.8%), from €26,959 to €21,887
of which Land and buildings: -€2,896
- Receivables within one year +€3,624
up €3,624 (+9.7%), from €37,224 to €40,848
of which Other amounts receivable: +€10,913
- Cash -€2,688
down €2,688 (-97.9%), from €2,746 to €58
mainly Trade debts (-€14,307) and Current portion of long-term debt (-€4,746)
- Deferred charges and accrued income +€1,621
new in 2025: €1,621
- Trade debts -€14,307
down €14,307 (-63.1%), from €22,680 to €8,373
- Other debts +€11,267
new in 2025: €11,267
- Current portion of long-term debt -€4,746
down €4,746 (-100%), from €4,746 to €0
- Short-term financial debts +€2,955
new in 2025: €2,955
- Profit (loss) carried forward +€2,179
up €2,179 (+18.7%), from €11,642 to €13,821
- Gross operating margin +€7,565
up €7,565 (+73.4%), from €10,312 to €17,877
- Depreciation +€5,073
new in 2025: €5,073
- Other operating charges +€3,598
up €3,598 (+60.6%), from €5,935 to €9,533
- Taxes -€1,445
down €1,445 (-44.0%), from €3,286 to €1,842
- Financial charges -€265
down €265 (-39.7%), from €668 to €403
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 | €96,929 | €94,415 | -€2,514 | -2.6% |
| Fixed assets | 21/28 | €26,959 | €21,887 | -€5,072 | -18.8% |
| Tangible fixed assets | 22/27 | €26,959 | €21,887 | -€5,072 | -18.8% |
| Land and buildings | 22 | €23,147 | €20,251 | -€2,896 | -12.5% |
| Plant, machinery and equipment | 23 | €602 | €352 | -€250 | -41.6% |
| Furniture and vehicles | 24 | €3,210 | €1,284 | -€1,926 | -60.0% |
| Current assets | 29/58 | €69,970 | €72,528 | +€2,558 | +3.7% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,224 | €40,848 | +€3,624 | +9.7% |
| Trade receivables | 40 | €14,721 | €7,432 | -€7,289 | -49.5% |
| Other amounts receivable | 41 | €22,503 | €33,416 | +€10,913 | +48.5% |
| Cash at bank and in hand | 54/58 | €2,746 | €58 | -€2,688 | -97.9% |
| Deferred charges and accrued income | 490/1 | - | €1,621 | +€1,621 | |
| Total equity and liabilities | 10/49 | €96,929 | €94,415 | -€2,514 | -2.6% |
| Equity | 10/15 | €66,249 | €68,428 | +€2,179 | +3.3% |
| Contributions | 10/11 | €19,088 | €19,088 | -€0 | 0.0% |
| Reserves | 13 | €35,519 | €35,519 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €954 | €954 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €954 | €954 | +€0 | 0.0% |
| Distributable reserves | 133 | €34,565 | €34,565 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €11,642 | €13,821 | +€2,179 | +18.7% |
| Amounts payable | 17/49 | €30,680 | €25,986 | -€4,694 | -15.3% |
| Amounts payable within one year | 42/48 | €29,253 | €25,940 | -€3,313 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €4,746 | €0 | -€4,746 | -100% |
| Financial debts | 43 | - | €2,955 | +€2,955 | |
| Credit institutions | 430/8 | - | €2,955 | +€2,955 | |
| Trade debts | 44 | €22,680 | €8,373 | -€14,307 | -63.1% |
| Suppliers | 440/4 | €22,680 | €8,373 | -€14,307 | -63.1% |
| Taxes, remuneration and social security | 45 | €1,827 | €3,345 | +€1,518 | +83.1% |
| Taxes | 450/3 | €1,827 | €3,345 | +€1,518 | +83.1% |
| Other amounts payable | 47/48 | - | €11,267 | +€11,267 | |
| Accrued charges and deferred income | 492/3 | €1,427 | €47 | -€1,380 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,073 | +€5,073 | |
| Other operating charges | 640/8 | €5,935 | €9,533 | +€3,598 | +60.6% |
| Gross operating margin | 9900 | €10,312 | €17,877 | +€7,565 | +73.4% |
| Operating profit (loss) | 9901 | €4,377 | €3,272 | -€1,105 | -25.3% |
| Financial income | 75/76B | €935 | €1,152 | +€217 | +23.2% |
| Recurring financial income | 75 | €935 | €1,152 | +€217 | +23.2% |
| Financial charges | 65/66B | €668 | €403 | -€265 | -39.7% |
| Recurring financial charges | 65 | €668 | €403 | -€265 | -39.7% |
| Profit (loss) for the period before taxes | 9903 | €4,644 | €4,021 | -€623 | -13.4% |
| Income taxes | 67/77 | €3,286 | €1,842 | -€1,445 | -44.0% |
| Profit (loss) for the period | 9904 | €1,358 | €2,179 | +€821 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,358 | €2,179 | +€821 | +60.5% |
Source: filed annual accounts (NBB), financial years ended 14 August 2024 and 14 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.