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
- Receivables within one year -€462
down €462 (-82.1%), from €563 to €101
- Cash +€71
up €71 (+270.3%), from €26 to €97
mainly Other debts (+€2,634) and Trade debts (+€1,072)
- Profit (loss) carried forward -€4,455
down €4,455 (-149.1%), from -€2,988 to -€7,444
- Other debts +€2,634
up €2,634 (+2393.3%), from €110 to €2,744
- Trade debts +€1,072
up €1,072 (+54.9%), from €1,953 to €3,025
- Tax, wage and social debts +€358
up €358 (+2388.5%), from €15 to €373
of which Taxes: +€373
- Gross operating margin -€19,765
down €19,765, from €16,431 to -€3,334
- Staff costs -€2,991
no longer reported in 2025 (was €2,991)
- Taxes +€346
new in 2025: €346
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 | €589 | €198 | -€391 | -66.4% |
| Current assets | 29/58 | €589 | €198 | -€391 | -66.4% |
| Amounts receivable within one year | 40/41 | €563 | €101 | -€462 | -82.1% |
| Other amounts receivable | 41 | €563 | €101 | -€462 | -82.1% |
| Cash at bank and in hand | 54/58 | €26 | €97 | +€71 | +270.3% |
| Total equity and liabilities | 10/49 | €589 | €198 | -€391 | -66.4% |
| Equity | 10/15 | -€1,488 | -€5,944 | -€4,455 | -299.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,988 | -€7,444 | -€4,455 | -149.1% |
| Amounts payable | 17/49 | €2,078 | €6,142 | +€4,064 | +195.6% |
| Amounts payable within one year | 42/48 | €2,078 | €6,142 | +€4,064 | +195.6% |
| Trade debts | 44 | €1,953 | €3,025 | +€1,072 | +54.9% |
| Suppliers | 440/4 | €1,953 | €3,025 | +€1,072 | +54.9% |
| Taxes, remuneration and social security | 45 | €15 | €373 | +€358 | +2388.5% |
| Taxes | 450/3 | - | €373 | +€373 | |
| Remuneration and social security | 454/9 | €15 | - | -€15 | |
| Other amounts payable | 47/48 | €110 | €2,744 | +€2,634 | +2393.3% |
| Remuneration, social security and pensions | 62 | €2,991 | - | -€2,991 | |
| Other operating charges | 640/8 | €528 | €566 | +€38 | +7.2% |
| Gross operating margin | 9900 | €16,431 | -€3,334 | -€19,765 | |
| Operating profit (loss) | 9901 | €12,912 | -€3,900 | -€16,811 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €152 | €165 | +€13 | +8.3% |
| Recurring financial charges | 65 | €152 | €165 | +€13 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €12,760 | -€4,064 | -€16,824 | |
| Income taxes | 67/77 | - | €346 | +€346 | |
| Profit (loss) for the period | 9904 | €12,760 | -€4,410 | -€17,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,760 | -€4,410 | -€17,170 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.