ALBASS: 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.
ALBASS
Largest movements
- Receivables within one year -€24,531
down €24,531 (-14.6%), from €167,599 to €143,068
of which Trade receivables: -€59,153
- Tangible fixed assets +€13,032
up €13,032 (+1,568%), from €831 to €13,863
of which Furniture and vehicles: +€13,309
- Cash -€4,552
down €4,552 (-88.0%), from €5,174 to €622
mainly Trade debts (-€54,922) and Investment in fixed assets (net) (-€14,874)
- Trade debts -€54,922
down €54,922 (-63.2%), from €86,957 to €32,035
- Profit (loss) carried forward +€15,292
up €15,292 (+23.1%), from €66,250 to €81,542
- Debts after one year +€11,593
new in 2025: €11,593
- Tax, wage and social debts +€9,446
up €9,446 (+54.3%), from €17,397 to €26,844
- Current portion of long-term debt +€2,743
new in 2025: €2,743
- Gross operating margin -€36,009
down €36,009 (-61.9%), from €58,203 to €22,194
- Taxes -€6,032
down €6,032 (-52.4%), from €11,518 to €5,486
- Other operating charges -€2,321
down €2,321 (-78.5%), from €2,959 to €637
- Depreciation +€1,565
up €1,565 (+565%), from €277 to €1,842
- Financial income +€1,448
up €1,448 (+1,727%), from €84 to €1,532
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 | €173,605 | €157,756 | -€15,849 | -9.1% |
| Fixed assets | 21/28 | €831 | €13,863 | +€13,032 | +1,568% |
| Tangible fixed assets | 22/27 | €831 | €13,863 | +€13,032 | +1,568% |
| Plant, machinery and equipment | 23 | €831 | €554 | -€277 | -33.3% |
| Furniture and vehicles | 24 | - | €13,309 | +€13,309 | |
| Current assets | 29/58 | €172,774 | €143,893 | -€28,881 | -16.7% |
| Amounts receivable within one year | 40/41 | €167,599 | €143,068 | -€24,531 | -14.6% |
| Trade receivables | 40 | €151,634 | €92,481 | -€59,153 | -39.0% |
| Other amounts receivable | 41 | €15,965 | €50,587 | +€34,622 | +217% |
| Cash at bank and in hand | 54/58 | €5,174 | €622 | -€4,552 | -88.0% |
| Deferred charges and accrued income | 490/1 | - | €203 | +€203 | |
| Total equity and liabilities | 10/49 | €173,605 | €157,756 | -€15,849 | -9.1% |
| Equity | 10/15 | €69,250 | €84,542 | +€15,292 | +22.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,250 | €81,542 | +€15,292 | +23.1% |
| Amounts payable | 17/49 | €104,354 | €73,214 | -€31,140 | -29.8% |
| Amounts payable after more than one year | 17 | - | €11,593 | +€11,593 | |
| Financial debts | 170/4 | - | €11,593 | +€11,593 | |
| Amounts payable within one year | 42/48 | €104,354 | €61,622 | -€42,733 | -40.9% |
| Current portion of amounts payable after more than one year | 42 | - | €2,743 | +€2,743 | |
| Trade debts | 44 | €86,957 | €32,035 | -€54,922 | -63.2% |
| Suppliers | 440/4 | €86,957 | €32,035 | -€54,922 | -63.2% |
| Taxes, remuneration and social security | 45 | €17,397 | €26,844 | +€9,446 | +54.3% |
| Taxes | 450/3 | €17,397 | €26,844 | +€9,446 | +54.3% |
| Remuneration, social security and pensions | 62 | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277 | €1,842 | +€1,565 | +565% |
| Other operating charges | 640/8 | €2,959 | €637 | -€2,321 | -78.5% |
| Gross operating margin | 9900 | €58,203 | €22,194 | -€36,009 | -61.9% |
| Operating profit (loss) | 9901 | €54,965 | €19,715 | -€35,250 | -64.1% |
| Financial income | 75/76B | €84 | €1,532 | +€1,448 | +1,727% |
| Recurring financial income | 75 | €84 | €1,532 | +€1,448 | +1,727% |
| Financial charges | 65/66B | €590 | €469 | -€121 | -20.5% |
| Recurring financial charges | 65 | €590 | €469 | -€121 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €54,459 | €20,777 | -€33,681 | -61.8% |
| Income taxes | 67/77 | €11,518 | €5,486 | -€6,032 | -52.4% |
| Profit (loss) for the period | 9904 | €42,941 | €15,292 | -€27,649 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,941 | €15,292 | -€27,649 | -64.4% |
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 26 October 2026 via checked.be.