ALBATROS COMPLIANCE: 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 COMPLIANCE
Largest movements
- Receivables within one year +€192,409
up €192,409 (+6,652%), from €2,893 to €195,302
of which Trade receivables: +€123,495
- Cash +€79,215
up €79,215 (+1,472%), from €5,380 to €84,595
mainly Net result for the year (+€176,412) and Tax, wage and social debts (+€77,505)
- Profit (loss) carried forward +€175,579
up €175,579 (+18,379%), from €955 to €176,535
- Tax, wage and social debts +€77,505
up €77,505 (+3,916%), from €1,979 to €79,484
- Trade debts +€17,545
new in 2024: €17,545
- Gross operating margin +€233,130
up €233,130 (+3,367%), from €6,924 to €240,054
- Taxes +€62,761
new in 2024: €62,761
- Write-downs -€4,969
down €4,969 (-100%), from €4,969 to €0
- Other operating charges +€2,681
new in 2024: €2,681
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 | €8,434 | €279,897 | +€271,462 | +3,218% |
| Formation expenses | 20 | €162 | - | -€162 | |
| Current assets | 29/58 | €8,273 | €279,897 | +€271,624 | +3,283% |
| Amounts receivable within one year | 40/41 | €2,893 | €195,302 | +€192,409 | +6,652% |
| Trade receivables | 40 | €2,893 | €126,388 | +€123,495 | +4,269% |
| Other amounts receivable | 41 | - | €68,914 | +€68,914 | |
| Cash at bank and in hand | 54/58 | €5,380 | €84,595 | +€79,215 | +1,472% |
| Total equity and liabilities | 10/49 | €8,434 | €279,897 | +€271,462 | +3,218% |
| Equity | 10/15 | €2,955 | €178,535 | +€175,579 | +5,941% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €955 | €176,535 | +€175,579 | +18,379% |
| Amounts payable | 17/49 | €5,479 | €101,362 | +€95,883 | +1,750% |
| Amounts payable within one year | 42/48 | €5,479 | €101,362 | +€95,883 | +1,750% |
| Trade debts | 44 | - | €17,545 | +€17,545 | |
| Suppliers | 440/4 | - | €17,545 | +€17,545 | |
| Taxes, remuneration and social security | 45 | €1,979 | €79,484 | +€77,505 | +3,916% |
| Taxes | 450/3 | €1,979 | €79,484 | +€77,505 | +3,916% |
| Other amounts payable | 47/48 | €3,500 | €4,333 | +€833 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €162 | -€838 | -83.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,969 | €0 | -€4,969 | -100% |
| Other operating charges | 640/8 | - | €2,681 | +€2,681 | |
| Gross operating margin | 9900 | €6,924 | €240,054 | +€233,130 | +3,367% |
| Operating profit (loss) | 9901 | €955 | €237,212 | +€236,256 | +24,731% |
| Financial income | 75/76B | - | €2,088 | +€2,088 | |
| Recurring financial income | 75 | - | €2,088 | +€2,088 | |
| Financial charges | 65/66B | - | €127 | +€127 | |
| Recurring financial charges | 65 | - | €127 | +€127 | |
| Profit (loss) for the period before taxes | 9903 | €955 | €239,173 | +€238,218 | +24,936% |
| Income taxes | 67/77 | - | €62,761 | +€62,761 | |
| Profit (loss) for the period | 9904 | €955 | €176,412 | +€175,457 | +18,367% |
| Profit (loss) for the period to be appropriated | 9905 | €955 | €176,412 | +€175,457 | +18,367% |
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 15 October 2026 via checked.be.