ALBE GROUP: 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.
ALBE GROUP
Largest movements
- Receivables within one year +€129,726
up €129,726 (+314%), from €41,376 to €171,102
of which Trade receivables: +€129,702
- Current portion of long-term debt +€76,520
up €76,520 (+331%), from €23,130 to €99,650
- Trade debts +€51,140
up €51,140 (+204%), from €25,121 to €76,261
- Profit (loss) carried forward +€3,475
up €3,475 (+11.1%), from -€31,365 to -€27,890
- Other debts -€2,813
down €2,813 (-12.3%), from €22,950 to €20,137
- Gross operating margin +€23,977
up €23,977, from -€13,418 to €10,559
- Financial charges +€3,055
up €3,055, from -€315 to €2,740
- Other operating charges -€449
down €449 (-52.9%), from €849 to €400
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 | €42,836 | €171,586 | +€128,750 | +301% |
| Current assets | 29/58 | €42,836 | €171,586 | +€128,750 | +301% |
| Stocks and contracts in progress | 3 | €433 | €436 | +€3 | +0.7% |
| Stocks | 30/36 | €433 | €436 | +€3 | +0.7% |
| Amounts receivable within one year | 40/41 | €41,376 | €171,102 | +€129,726 | +314% |
| Trade receivables | 40 | €41,376 | €171,078 | +€129,702 | +313% |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Cash at bank and in hand | 54/58 | €155 | €48 | -€107 | -69.0% |
| Deferred charges and accrued income | 490/1 | €872 | - | -€872 | |
| Total equity and liabilities | 10/49 | €42,836 | €171,586 | +€128,750 | +301% |
| Equity | 10/15 | -€28,365 | -€24,890 | +€3,475 | +12.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,365 | -€27,890 | +€3,475 | +11.1% |
| Amounts payable | 17/49 | €71,201 | €196,476 | +€125,275 | +176% |
| Amounts payable within one year | 42/48 | €71,201 | €196,476 | +€125,275 | +176% |
| Current portion of amounts payable after more than one year | 42 | €23,130 | €99,650 | +€76,520 | +331% |
| Trade debts | 44 | €25,121 | €76,261 | +€51,140 | +204% |
| Suppliers | 440/4 | €25,121 | €76,261 | +€51,140 | +204% |
| Taxes, remuneration and social security | 45 | - | €428 | +€428 | |
| Taxes | 450/3 | - | €428 | +€428 | |
| Other amounts payable | 47/48 | €22,950 | €20,137 | -€2,813 | -12.3% |
| Other operating charges | 640/8 | €849 | €400 | -€449 | -52.9% |
| Non-recurring operating charges | 66A | - | €3,944 | +€3,944 | |
| Gross operating margin | 9900 | -€13,418 | €10,559 | +€23,977 | |
| Operating profit (loss) | 9901 | -€14,267 | €6,215 | +€20,482 | |
| Financial charges | 65/66B | -€315 | €2,740 | +€3,055 | |
| Recurring financial charges | 65 | -€315 | €2,740 | +€3,055 | |
| Profit (loss) for the period before taxes | 9903 | -€13,952 | €3,475 | +€17,427 | |
| Profit (loss) for the period | 9904 | -€13,952 | €3,475 | +€17,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,952 | €3,475 | +€17,427 |
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 15 October 2026 via checked.be.