ALBATROS: 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.
ALBATROS
Largest movements
- Cash -€1,831
down €1,831 (-96.2%), from €1,904 to €73
mainly Net result for the year (-€1,750) and Receivables within one year (-€1,202)
- Tangible fixed assets -€1,514
down €1,514 (-35.5%), from €4,263 to €2,749
of which Plant, machinery and equipment: -€1,391
- Receivables within one year +€1,202
up €1,202 (+3092.7%), from €39 to €1,241
of which Trade receivables: +€1,210
- Financial fixed assets -€578
down €578 (-77.7%), from €744 to €166
- Profit (loss) carried forward -€1,750
down €1,750 (-5.3%), from -€33,293 to -€35,043
- Other debts -€790
down €790 (-7.2%), from €11,038 to €10,248
- Tax, wage and social debts -€424
down €424 (-81.5%), from €520 to €96
- Trade debts +€244
up €244 (+68.5%), from €356 to €600
- Other operating charges -€457
down €457 (-53.2%), from €859 to €402
- Gross operating margin +€418
up €418, from -€9 to €408
- Financial charges -€246
down €246 (-50.4%), from €488 to €242
- Depreciation -€144
down €144 (-8.7%), from €1,658 to €1,514
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.
Cash bridge derived
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 | €6,950 | €4,229 | -€2,721 | -39.1% |
| Fixed assets | 21/28 | €5,007 | €2,915 | -€2,092 | -41.8% |
| Tangible fixed assets | 22/27 | €4,263 | €2,749 | -€1,514 | -35.5% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €3,996 | €2,605 | -€1,391 | -34.8% |
| Furniture and vehicles | 24 | €267 | €144 | -€123 | -46.2% |
| Financial fixed assets | 28 | €744 | €166 | -€578 | -77.7% |
| Current assets | 29/58 | €1,943 | €1,314 | -€629 | -32.4% |
| Amounts receivable within one year | 40/41 | €39 | €1,241 | +€1,202 | +3092.7% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €39 | €31 | -€8 | -19.4% |
| Cash at bank and in hand | 54/58 | €1,904 | €73 | -€1,831 | -96.2% |
| Total equity and liabilities | 10/49 | €6,950 | €4,229 | -€2,721 | -39.1% |
| Equity | 10/15 | -€4,964 | -€6,714 | -€1,750 | -35.3% |
| Contributions | 10/11 | €6,247 | €6,247 | = | 0.0% |
| Reserves | 13 | €22,082 | €22,082 | = | 0.0% |
| Distributable reserves | 133 | €22,082 | €22,082 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,293 | -€35,043 | -€1,750 | -5.3% |
| Amounts payable | 17/49 | €11,914 | €10,943 | -€971 | -8.1% |
| Amounts payable within one year | 42/48 | €11,914 | €10,943 | -€971 | -8.1% |
| Trade debts | 44 | €356 | €600 | +€244 | +68.5% |
| Suppliers | 440/4 | €356 | €600 | +€244 | +68.5% |
| Taxes, remuneration and social security | 45 | €520 | €96 | -€424 | -81.5% |
| Taxes | 450/3 | €520 | €96 | -€424 | -81.5% |
| Other amounts payable | 47/48 | €11,038 | €10,248 | -€790 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,658 | €1,514 | -€144 | -8.7% |
| Other operating charges | 640/8 | €859 | €402 | -€457 | -53.2% |
| Gross operating margin | 9900 | -€9 | €408 | +€418 | |
| Operating profit (loss) | 9901 | -€2,526 | -€1,508 | +€1,018 | +40.3% |
| Financial charges | 65/66B | €488 | €242 | -€246 | -50.4% |
| Recurring financial charges | 65 | €488 | €242 | -€246 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,014 | -€1,750 | +€1,264 | +41.9% |
| Profit (loss) for the period | 9904 | -€3,014 | -€1,750 | +€1,264 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,014 | -€1,750 | +€1,264 | +41.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.