ALBAU: 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.
ALBAU
Largest movements
- Cash -€233
down €233 (-17.7%), from €1,319 to €1,086
mainly Net result for the year (-€2,323)
- Profit (loss) carried forward -€2,323
down €2,323 (-3.2%), from -€72,206 to -€74,528
- Other debts +€2,000
up €2,000 (+17.0%), from €11,750 to €13,750
- Trade debts +€89
up €89 (+13.5%), from €660 to €749
- Gross operating margin -€202
down €202 (-16.2%), from -€1,244 to -€1,445
- Financial charges +€27
up €27 (+7.1%), from €388 to €416
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 | €4,506 | €4,272 | -€233 | -5.2% |
| Current assets | 29/58 | €4,506 | €4,272 | -€233 | -5.2% |
| Amounts receivable within one year | 40/41 | €3,186 | €3,186 | = | 0.0% |
| Trade receivables | 40 | €3,186 | €3,186 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,319 | €1,086 | -€233 | -17.7% |
| Total equity and liabilities | 10/49 | €4,506 | €4,272 | -€233 | -5.2% |
| Equity | 10/15 | -€7,904 | -€10,227 | -€2,323 | -29.4% |
| Contributions | 10/11 | €62,987 | €62,987 | = | 0.0% |
| Capital | 10 | €62,987 | €62,987 | = | 0.0% |
| Issued capital | 100 | €62,987 | €62,987 | = | 0.0% |
| Reserves | 13 | €1,315 | €1,315 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,315 | €1,315 | = | 0.0% |
| Legal reserve | 130 | €1,315 | €1,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,206 | -€74,528 | -€2,323 | -3.2% |
| Amounts payable | 17/49 | €12,410 | €14,499 | +€2,089 | +16.8% |
| Amounts payable within one year | 42/48 | €12,410 | €14,499 | +€2,089 | +16.8% |
| Trade debts | 44 | €660 | €749 | +€89 | +13.5% |
| Suppliers | 440/4 | €660 | €749 | +€89 | +13.5% |
| Other amounts payable | 47/48 | €11,750 | €13,750 | +€2,000 | +17.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€1,244 | -€1,445 | -€202 | -16.2% |
| Operating profit (loss) | 9901 | -€1,693 | -€1,907 | -€214 | -12.6% |
| Financial charges | 65/66B | €388 | €416 | +€27 | +7.1% |
| Recurring financial charges | 65 | €388 | €416 | +€27 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,081 | -€2,323 | -€241 | -11.6% |
| Profit (loss) for the period | 9904 | -€2,081 | -€2,323 | -€241 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,081 | -€2,323 | -€241 | -11.6% |
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 29 September 2026 via checked.be.