Albat: 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.
Albat
Largest movements
- Receivables within one year +€21,905
up €21,905 (+138%), from €15,819 to €37,725
of which Trade receivables: +€15,926
- Cash +€3,501
up €3,501 (+215%), from €1,626 to €5,126
mainly Trade debts (+€26,009) and Depreciation (+€6,646)
- Tangible fixed assets -€2,289
down €2,289 (-21.8%), from €10,482 to €8,193
- Trade debts +€26,009
up €26,009 (+483%), from €5,380 to €31,390
- Other debts -€4,461
down €4,461 (-39.5%), from €11,283 to €6,823
- Profit (loss) carried forward +€2,471
up €2,471, from -€1,121 to €1,350
- Reserves -€2,000
down €2,000 (-16.9%), from €11,860 to €9,860
of which Distributable reserves: -€2,000
- Financial income -€74,998
down €74,998 (-99.8%), from €75,124 to €126
of which Non-recurring financial income: -€75,000
- Staff costs +€13,299
new in 2024: €13,299
- Gross operating margin +€6,539
up €6,539 (+32.4%), from €20,212 to €26,751
- Financial charges -€1,346
down €1,346 (-33.5%), from €4,015 to €2,669
- Depreciation -€1,277
down €1,277 (-16.1%), from €7,922 to €6,646
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.
Derived cash bridge
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 | €46,885 | €69,636 | +€22,751 | +48.5% |
| Fixed assets | 21/28 | €10,641 | €8,607 | -€2,034 | -19.1% |
| Tangible fixed assets | 22/27 | €10,482 | €8,193 | -€2,289 | -21.8% |
| Plant, machinery and equipment | 23 | €10,482 | €8,193 | -€2,289 | -21.8% |
| Financial fixed assets | 28 | €159 | €414 | +€255 | +160% |
| Current assets | 29/58 | €36,244 | €61,029 | +€24,785 | +68.4% |
| Stocks and contracts in progress | 3 | €17,500 | €17,500 | = | 0.0% |
| Contracts in progress | 37 | €17,500 | €17,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,819 | €37,725 | +€21,905 | +138% |
| Trade receivables | 40 | €15,633 | €31,559 | +€15,926 | +102% |
| Other amounts receivable | 41 | €187 | €6,166 | +€5,979 | +3,201% |
| Cash at bank and in hand | 54/58 | €1,626 | €5,126 | +€3,501 | +215% |
| Deferred charges and accrued income | 490/1 | €1,299 | €678 | -€621 | -47.8% |
| Total equity and liabilities | 10/49 | €46,885 | €69,636 | +€22,751 | +48.5% |
| Equity | 10/15 | €29,339 | €29,810 | +€471 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,860 | €9,860 | -€2,000 | -16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Profit (loss) carried forward | 14 | -€1,121 | €1,350 | +€2,471 | |
| Amounts payable | 17/49 | €17,546 | €39,826 | +€22,279 | +127% |
| Amounts payable within one year | 42/48 | €17,546 | €39,438 | +€21,892 | +125% |
| Trade debts | 44 | €5,380 | €31,390 | +€26,009 | +483% |
| Suppliers | 440/4 | €5,380 | €31,390 | +€26,009 | +483% |
| Taxes, remuneration and social security | 45 | €882 | €1,226 | +€344 | +38.9% |
| Taxes | 450/3 | €882 | €1,226 | +€344 | +38.9% |
| Other amounts payable | 47/48 | €11,283 | €6,823 | -€4,461 | -39.5% |
| Accrued charges and deferred income | 492/3 | - | €387 | +€387 | |
| Remuneration, social security and pensions | 62 | - | €13,299 | +€13,299 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,922 | €6,646 | -€1,277 | -16.1% |
| Other operating charges | 640/8 | €4,462 | €3,793 | -€669 | -15.0% |
| Gross operating margin | 9900 | €20,212 | €26,751 | +€6,539 | +32.4% |
| Operating profit (loss) | 9901 | €7,828 | €3,014 | -€4,815 | -61.5% |
| Financial income | 75/76B | €75,124 | €126 | -€74,998 | -99.8% |
| Recurring financial income | 75 | €124 | €126 | +€2 | +1.8% |
| Non-recurring financial income | 76B | €75,000 | - | -€75,000 | |
| Financial charges | 65/66B | €4,015 | €2,669 | -€1,346 | -33.5% |
| Recurring financial charges | 65 | €4,015 | €2,669 | -€1,346 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €78,938 | €471 | -€78,466 | -99.4% |
| Profit (loss) for the period | 9904 | €78,938 | €471 | -€78,466 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €78,938 | €471 | -€78,466 | -99.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.