ALBAR: 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.
ALBAR
Largest movements
- Receivables within one year +€86,549
up €86,549 (+420.5%), from €20,582 to €107,131
of which Trade receivables: +€83,865
- Stocks and contracts +€9,800
up €9,800, from €0 to €9,800
of which Stocks: +€9,800
- Cash +€2,251
up €2,251 (+12.5%), from €17,997 to €20,248
mainly Net result for the year (+€78,133) and Tax, wage and social debts (+€26,044)
- Profit (loss) carried forward +€78,133
up €78,133 (+438.3%), from €17,827 to €95,960
- Tax, wage and social debts +€26,044
new in 2024: €26,044
- Trade debts -€5,577
down €5,577 (-35.4%), from €15,752 to €10,175
- Turnover +€380,328
new in 2024: €380,328
- Purchases and services +€223,149
up €223,149 (+431.7%), from €51,694 to €274,843
- Gross operating margin +€68,451
up €68,451 (+184.8%), from €37,035 to €105,486
- Taxes +€26,044
new in 2024: €26,044
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 | €38,579 | €137,179 | +€98,600 | +255.6% |
| Current assets | 29/58 | €38,579 | €137,179 | +€98,600 | +255.6% |
| Stocks and contracts in progress | 3 | €0 | €9,800 | +€9,800 | |
| Stocks | 30/36 | - | €9,800 | +€9,800 | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €20,582 | €107,131 | +€86,549 | +420.5% |
| Trade receivables | 40 | €14,633 | €98,498 | +€83,865 | +573.1% |
| Other amounts receivable | 41 | €5,949 | €8,633 | +€2,684 | +45.1% |
| Cash at bank and in hand | 54/58 | €17,997 | €20,248 | +€2,251 | +12.5% |
| Total equity and liabilities | 10/49 | €38,579 | €137,179 | +€98,600 | +255.6% |
| Equity | 10/15 | €22,827 | €100,960 | +€78,133 | +342.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,827 | €95,960 | +€78,133 | +438.3% |
| Amounts payable | 17/49 | €15,752 | €36,219 | +€20,467 | +129.9% |
| Amounts payable within one year | 42/48 | €15,752 | €36,219 | +€20,467 | +129.9% |
| Trade debts | 44 | €15,752 | €10,175 | -€5,577 | -35.4% |
| Suppliers | 440/4 | €15,752 | €10,175 | -€5,577 | -35.4% |
| Taxes, remuneration and social security | 45 | - | €26,044 | +€26,044 | |
| Taxes | 450/3 | - | €26,044 | +€26,044 | |
| Turnover | 70 | - | €380,328 | +€380,328 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,694 | €274,843 | +€223,149 | +431.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | = | |
| Other operating charges | 640/8 | €3,109 | €668 | -€2,441 | -78.5% |
| Gross operating margin | 9900 | €37,035 | €105,486 | +€68,451 | +184.8% |
| Operating profit (loss) | 9901 | €33,925 | €104,818 | +€70,892 | +209.0% |
| Financial charges | 65/66B | €96 | €641 | +€544 | +565.5% |
| Recurring financial charges | 65 | €96 | €641 | +€544 | +565.5% |
| Profit (loss) for the period before taxes | 9903 | €33,829 | €104,177 | +€70,348 | +208.0% |
| Income taxes | 67/77 | - | €26,044 | +€26,044 | |
| Profit (loss) for the period | 9904 | €33,829 | €78,133 | +€44,304 | +131.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,829 | €78,133 | +€44,304 | +131.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.