Albatros & Eagle: 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 & Eagle
Largest movements
- Intangible fixed assets -€6,922
down €6,922 (-14.3%), from €48,436 to €41,514
- Receivables within one year +€823
up €823 (+6.0%), from €13,824 to €14,647
- Profit (loss) carried forward -€10,909
down €10,909 (-15.2%), from -€71,957 to -€82,866
- Trade debts +€4,810
new in 2025: €4,810
- Taxes -€12,300
no longer reported in 2025 (was €12,300)
- Other operating charges -€9,482
no longer reported in 2025 (was €9,482)
- Gross operating margin -€1,687
down €1,687 (-73.3%), from -€2,300 to -€3,987
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,260 | €56,162 | -€6,099 | -9.8% |
| Fixed assets | 21/28 | €48,436 | €41,514 | -€6,922 | -14.3% |
| Intangible fixed assets | 21 | €48,436 | €41,514 | -€6,922 | -14.3% |
| Current assets | 29/58 | €13,824 | €14,647 | +€823 | +6.0% |
| Amounts receivable within one year | 40/41 | €13,824 | €14,647 | +€823 | +6.0% |
| Other amounts receivable | 41 | €13,824 | €14,647 | +€823 | +6.0% |
| Total equity and liabilities | 10/49 | €62,260 | €56,162 | -€6,099 | -9.8% |
| Equity | 10/15 | -€61,957 | -€72,866 | -€10,909 | -17.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,957 | -€82,866 | -€10,909 | -15.2% |
| Amounts payable | 17/49 | €124,217 | €129,027 | +€4,810 | +3.9% |
| Amounts payable within one year | 42/48 | €124,217 | €129,027 | +€4,810 | +3.9% |
| Trade debts | 44 | - | €4,810 | +€4,810 | |
| Suppliers | 440/4 | - | €4,810 | +€4,810 | |
| Other amounts payable | 47/48 | €124,217 | €124,217 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,922 | €6,922 | = | 0.0% |
| Other operating charges | 640/8 | €9,482 | - | -€9,482 | |
| Gross operating margin | 9900 | -€2,300 | -€3,987 | -€1,687 | -73.3% |
| Operating profit (loss) | 9901 | -€18,704 | -€10,909 | +€7,795 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,704 | -€10,909 | +€7,795 | +41.7% |
| Income taxes | 67/77 | €12,300 | - | -€12,300 | |
| Profit (loss) for the period | 9904 | -€31,004 | -€10,909 | +€20,095 | +64.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,004 | -€10,909 | +€20,095 | +64.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.