ALBECESA: 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.
ALBECESA
Largest movements
- Cash +€82,322
up €82,322 (+94.2%), from €87,413 to €169,735
mainly Net result for the year (+€116,174) and Tax, wage and social debts (+€36,484)
- Receivables within one year +€38,802
up €38,802 (+19597.1%), from €198 to €39,000
of which Other amounts receivable: +€39,000
- Profit (loss) carried forward +€116,174
up €116,174, from -€15,537 to €100,637
- Tax, wage and social debts +€36,484
up €36,484 (+993.8%), from €3,671 to €40,155
of which Taxes: +€36,566
- Reserves -€30,750
down €30,750 (-30.9%), from €99,610 to €68,860
of which Distributable reserves: -€30,750
- Financial charges -€54,052
down €54,052 (-98.3%), from €54,985 to €932
- Taxes +€36,460
new in 2025: €36,460
- Gross operating margin -€10,329
down €10,329 (-5.6%), from €182,946 to €172,617
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 | €111,053 | €230,568 | +€119,514 | +107.6% |
| Fixed assets | 21/28 | €1,558 | €832 | -€726 | -46.6% |
| Tangible fixed assets | 22/27 | €1,188 | €462 | -€726 | -61.1% |
| Furniture and vehicles | 24 | €1,188 | €462 | -€726 | -61.1% |
| Financial fixed assets | 28 | €370 | €370 | = | 0.0% |
| Current assets | 29/58 | €109,495 | €229,735 | +€120,240 | +109.8% |
| Amounts receivable within one year | 40/41 | €198 | €39,000 | +€38,802 | +19597.1% |
| Trade receivables | 40 | €198 | - | -€198 | |
| Other amounts receivable | 41 | - | €39,000 | +€39,000 | |
| Cash at bank and in hand | 54/58 | €87,413 | €169,735 | +€82,322 | +94.2% |
| Deferred charges and accrued income | 490/1 | €21,884 | €21,000 | -€884 | -4.0% |
| Total equity and liabilities | 10/49 | €111,053 | €230,568 | +€119,514 | +107.6% |
| Equity | 10/15 | €102,673 | €188,097 | +€85,424 | +83.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,610 | €68,860 | -€30,750 | -30.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €97,750 | €67,000 | -€30,750 | -31.5% |
| Profit (loss) carried forward | 14 | -€15,537 | €100,637 | +€116,174 | |
| Amounts payable | 17/49 | €8,380 | €42,470 | +€34,090 | +406.8% |
| Amounts payable within one year | 42/48 | €6,130 | €42,071 | +€35,941 | +586.3% |
| Trade debts | 44 | €303 | €1,916 | +€1,613 | +532.6% |
| Suppliers | 440/4 | €303 | €1,916 | +€1,613 | +532.6% |
| Taxes, remuneration and social security | 45 | €3,671 | €40,155 | +€36,484 | +993.8% |
| Taxes | 450/3 | €330 | €36,896 | +€36,566 | +11094.9% |
| Remuneration and social security | 454/9 | €3,341 | €3,259 | -€82 | -2.5% |
| Other amounts payable | 47/48 | €2,156 | - | -€2,156 | |
| Accrued charges and deferred income | 492/3 | €2,250 | €399 | -€1,851 | -82.3% |
| Remuneration, social security and pensions | 62 | €18,320 | €18,104 | -€216 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,062 | €726 | -€337 | -31.7% |
| Other operating charges | 640/8 | €387 | €1,147 | +€760 | +196.2% |
| Non-recurring operating charges | 66A | €833 | - | -€833 | |
| Gross operating margin | 9900 | €182,946 | €172,617 | -€10,329 | -5.6% |
| Operating profit (loss) | 9901 | €162,344 | €152,640 | -€9,703 | -6.0% |
| Financial income | 75/76B | - | €927 | +€927 | |
| Recurring financial income | 75 | - | €927 | +€927 | |
| Financial charges | 65/66B | €54,985 | €932 | -€54,052 | -98.3% |
| Recurring financial charges | 65 | €54,985 | €932 | -€54,052 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | €107,359 | €152,635 | +€45,276 | +42.2% |
| Income taxes | 67/77 | - | €36,460 | +€36,460 | |
| Profit (loss) for the period | 9904 | €107,359 | €116,174 | +€8,815 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €107,359 | €116,174 | +€8,815 | +8.2% |
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 28 September 2026 via checked.be.