ALBATROS BM: 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.
ALBATROS BM
Largest movements
- Tangible fixed assets -€75,000
down €75,000 (-22.2%), from €337,500 to €262,500
- Cash +€26,089
up €26,089 (+4.6%), from €570,450 to €596,539
mainly Depreciation (+€75,000) and Other debts (+€1,050)
- Profit (loss) carried forward -€51,411
down €51,411 (-34.9%), from -€147,139 to -€198,550
- Gross operating margin -€55,793
down €55,793 (-61.4%), from €90,809 to €35,017
- Other operating charges +€949
up €949 (+11.1%), from €8,567 to €9,516
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 | €934,494 | €885,583 | -€48,911 | -5.2% |
| Fixed assets | 21/28 | €337,500 | €262,500 | -€75,000 | -22.2% |
| Tangible fixed assets | 22/27 | €337,500 | €262,500 | -€75,000 | -22.2% |
| Land and buildings | 22 | €337,500 | €262,500 | -€75,000 | -22.2% |
| Current assets | 29/58 | €596,994 | €623,083 | +€26,089 | +4.4% |
| Amounts receivable within one year | 40/41 | €751 | €751 | = | 0.0% |
| Other amounts receivable | 41 | €751 | €751 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €570,450 | €596,539 | +€26,089 | +4.6% |
| Deferred charges and accrued income | 490/1 | €25,793 | €25,793 | = | 0.0% |
| Total equity and liabilities | 10/49 | €934,494 | €885,583 | -€48,911 | -5.2% |
| Equity | 10/15 | -€139,079 | -€190,490 | -€51,411 | -37.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€147,139 | -€198,550 | -€51,411 | -34.9% |
| Amounts payable | 17/49 | €1,073,573 | €1,076,073 | +€2,500 | +0.2% |
| Amounts payable within one year | 42/48 | €1,053,250 | €1,054,750 | +€1,500 | +0.1% |
| Trade debts | 44 | €1,750 | €1,750 | = | 0.0% |
| Suppliers | 440/4 | €1,750 | €1,750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €450 | €900 | +€450 | +100% |
| Taxes | 450/3 | €450 | €900 | +€450 | +100% |
| Other amounts payable | 47/48 | €1,051,050 | €1,052,100 | +€1,050 | +0.1% |
| Accrued charges and deferred income | 492/3 | €20,323 | €21,323 | +€1,000 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,000 | €75,000 | = | 0.0% |
| Other operating charges | 640/8 | €8,567 | €9,516 | +€949 | +11.1% |
| Gross operating margin | 9900 | €90,809 | €35,017 | -€55,793 | -61.4% |
| Operating profit (loss) | 9901 | €7,242 | -€49,500 | -€56,742 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,721 | €1,911 | +€190 | +11.1% |
| Recurring financial charges | 65 | €1,721 | €1,911 | +€190 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €5,522 | -€51,411 | -€56,933 | |
| Profit (loss) for the period | 9904 | €5,522 | -€51,411 | -€56,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,522 | -€51,411 | -€56,933 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.