AlbaPictoris: 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.
AlbaPictoris
Largest movements
- Receivables within one year -€44,844
down €44,844 (-52.1%), from €86,037 to €41,192
of which Other amounts receivable: -€34,403
- Tangible fixed assets +€23,538
new in 2025: €23,538
of which Furniture and vehicles: +€15,957
- Cash -€5,346
down €5,346 (-1.7%), from €310,111 to €304,765
mainly Contributions, distributions and other (-€99,700) and Investment in fixed assets (net) (-€29,394)
- Profit (loss) carried forward -€14,865
down €14,865 (-4.0%), from €371,362 to €356,496
- Tax, wage and social debts -€14,533
down €14,533 (-80.4%), from €18,077 to €3,544
- Gross operating margin -€18,833
down €18,833 (-12.8%), from €147,355 to €128,521
- Turnover -€12,652
down €12,652 (-4.2%), from €299,569 to €286,917
- Depreciation +€5,856
new in 2025: €5,856
- Purchases and services +€5,088
up €5,088 (+3.0%), from €171,167 to €176,254
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 | €398,036 | €369,651 | -€28,386 | -7.1% |
| Fixed assets | 21/28 | €105 | €23,643 | +€23,538 | +22,417% |
| Tangible fixed assets | 22/27 | - | €23,538 | +€23,538 | |
| Plant, machinery and equipment | 23 | - | €7,581 | +€7,581 | |
| Furniture and vehicles | 24 | - | €15,957 | +€15,957 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €397,931 | €346,008 | -€51,924 | -13.0% |
| Amounts receivable within one year | 40/41 | €86,037 | €41,192 | -€44,844 | -52.1% |
| Trade receivables | 40 | €34,125 | €23,683 | -€10,442 | -30.6% |
| Other amounts receivable | 41 | €51,912 | €17,509 | -€34,403 | -66.3% |
| Cash at bank and in hand | 54/58 | €310,111 | €304,765 | -€5,346 | -1.7% |
| Deferred charges and accrued income | 490/1 | €1,784 | €51 | -€1,733 | -97.2% |
| Total equity and liabilities | 10/49 | €398,036 | €369,651 | -€28,386 | -7.1% |
| Equity | 10/15 | €376,862 | €361,996 | -€14,865 | -3.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €371,362 | €356,496 | -€14,865 | -4.0% |
| Amounts payable | 17/49 | €21,175 | €7,654 | -€13,520 | -63.9% |
| Amounts payable within one year | 42/48 | €21,175 | €7,654 | -€13,520 | -63.9% |
| Financial debts | 43 | €1,615 | €671 | -€944 | -58.4% |
| Credit institutions | 430/8 | €1,615 | €671 | -€944 | -58.4% |
| Trade debts | 44 | €1,482 | €3,439 | +€1,957 | +132% |
| Suppliers | 440/4 | €1,446 | €3,439 | +€1,993 | +138% |
| Bills of exchange payable | 441 | €36 | - | -€36 | |
| Taxes, remuneration and social security | 45 | €18,077 | €3,544 | -€14,533 | -80.4% |
| Taxes | 450/3 | €18,077 | €3,544 | -€14,533 | -80.4% |
| Turnover | 70 | €299,569 | €286,917 | -€12,652 | -4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €171,167 | €176,254 | +€5,088 | +3.0% |
| Remuneration, social security and pensions | 62 | €4,209 | €5,424 | +€1,215 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,856 | +€5,856 | |
| Other operating charges | 640/8 | €2,554 | €2,254 | -€299 | -11.7% |
| Gross operating margin | 9900 | €147,355 | €128,521 | -€18,833 | -12.8% |
| Operating profit (loss) | 9901 | €140,593 | €114,987 | -€25,606 | -18.2% |
| Financial income | 75/76B | €14 | - | -€14 | |
| Recurring financial income | 75 | €14 | - | -€14 | |
| Financial charges | 65/66B | €809 | €152 | -€657 | -81.2% |
| Recurring financial charges | 65 | €809 | €152 | -€657 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | €139,798 | €114,835 | -€24,963 | -17.9% |
| Income taxes | 67/77 | €32,697 | €30,000 | -€2,697 | -8.2% |
| Profit (loss) for the period | 9904 | €107,101 | €84,835 | -€22,266 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €107,101 | €84,835 | -€22,266 | -20.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.