ALBECOR: 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.
ALBECOR
Largest movements
- Tangible fixed assets -€2,634
down €2,634 (-33.6%), from €7,847 to €5,213
- Receivables within one year -€1,578
down €1,578 (-84.4%), from €1,870 to €292
of which Trade receivables: -€1,660
- Cash -€1,269
down €1,269 (-1.8%), from €71,980 to €70,711
mainly Net result for the year (-€6,903) and Deferred charges and accrued income (-€39)
- Profit (loss) carried forward -€6,903
down €6,903 (-38.2%), from €18,090 to €11,187
- Other debts +€960
up €960 (+2.0%), from €48,048 to €49,008
- Gross operating margin -€4,769
down €4,769, from €1,441 to -€3,328
- Taxes +€99
no longer reported in 2025 (was -€99)
- Other operating charges +€78
up €78 (+15.4%), from €505 to €583
- Financial charges +€67
up €67 (+19.3%), from €350 to €418
- Financial income -€47
down €47 (-43.7%), from €108 to €61
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 | €84,977 | €79,039 | -€5,938 | -7.0% |
| Fixed assets | 21/28 | €7,847 | €5,213 | -€2,634 | -33.6% |
| Tangible fixed assets | 22/27 | €7,847 | €5,213 | -€2,634 | -33.6% |
| Plant, machinery and equipment | 23 | €7,847 | €5,213 | -€2,634 | -33.6% |
| Current assets | 29/58 | €77,130 | €73,826 | -€3,304 | -4.3% |
| Stocks and contracts in progress | 3 | €2,683 | €2,186 | -€496 | -18.5% |
| Stocks | 30/36 | €2,683 | €2,186 | -€496 | -18.5% |
| Amounts receivable within one year | 40/41 | €1,870 | €292 | -€1,578 | -84.4% |
| Trade receivables | 40 | €1,660 | - | -€1,660 | |
| Other amounts receivable | 41 | €210 | €292 | +€83 | +39.4% |
| Cash at bank and in hand | 54/58 | €71,980 | €70,711 | -€1,269 | -1.8% |
| Deferred charges and accrued income | 490/1 | €598 | €637 | +€39 | +6.6% |
| Total equity and liabilities | 10/49 | €84,977 | €79,039 | -€5,938 | -7.0% |
| Equity | 10/15 | €36,690 | €29,787 | -€6,903 | -18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,090 | €11,187 | -€6,903 | -38.2% |
| Amounts payable | 17/49 | €48,287 | €49,252 | +€965 | +2.0% |
| Amounts payable within one year | 42/48 | €48,287 | €49,252 | +€965 | +2.0% |
| Trade debts | 44 | €239 | €243 | +€5 | +1.9% |
| Suppliers | 440/4 | €239 | €243 | +€5 | +1.9% |
| Other amounts payable | 47/48 | €48,048 | €49,008 | +€960 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,634 | €2,634 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €583 | +€78 | +15.4% |
| Gross operating margin | 9900 | €1,441 | -€3,328 | -€4,769 | |
| Operating profit (loss) | 9901 | -€1,698 | -€6,546 | -€4,847 | -285% |
| Financial income | 75/76B | €108 | €61 | -€47 | -43.7% |
| Recurring financial income | 75 | €108 | €61 | -€47 | -43.7% |
| Financial charges | 65/66B | €350 | €418 | +€67 | +19.3% |
| Recurring financial charges | 65 | €350 | €418 | +€67 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,941 | -€6,903 | -€4,962 | -256% |
| Income taxes | 67/77 | -€99 | - | +€99 | |
| Profit (loss) for the period | 9904 | -€1,842 | -€6,903 | -€5,061 | -275% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,842 | -€6,903 | -€5,061 | -275% |
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 24 October 2026 via checked.be.