ALBEDOS: 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.
ALBEDOS
Largest movements
- Tangible fixed assets -€9,002
down €9,002 (-35.3%), from €25,509 to €16,507
of which Furniture and vehicles: -€6,569
- Cash +€3,842
up €3,842 (+42.7%), from €8,995 to €12,837
mainly Depreciation (+€9,002) and Net result for the year (+€6,098)
- Debts after one year -€7,957
down €7,957 (-47.4%), from €16,800 to €8,842
of which Financial debts: -€5,932
- Profit (loss) carried forward +€6,098
up €6,098, from -€847 to €5,251
- Other debts -€2,729
down €2,729 (-9.7%), from €28,258 to €25,529
- Tax, wage and social debts -€2,072
down €2,072 (-39.3%), from €5,268 to €3,196
of which Taxes: -€2,072
- Trade debts +€1,638
up €1,638 (+172.3%), from €951 to €2,588
- Gross operating margin -€11,090
down €11,090 (-33.5%), from €33,061 to €21,971
- Depreciation -€10,350
down €10,350 (-53.5%), from €19,351 to €9,002
- Financial charges -€1,136
down €1,136 (-31.1%), from €3,650 to €2,514
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 | €62,317 | €57,539 | -€4,778 | -7.7% |
| Fixed assets | 21/28 | €25,559 | €16,557 | -€9,002 | -35.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €25,509 | €16,507 | -€9,002 | -35.3% |
| Furniture and vehicles | 24 | €21,044 | €14,475 | -€6,569 | -31.2% |
| Leasing and similar rights | 25 | €1,202 | - | -€1,202 | |
| Other tangible fixed assets | 26 | €3,263 | €2,032 | -€1,231 | -37.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €36,758 | €40,982 | +€4,224 | +11.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €8,995 | €12,837 | +€3,842 | +42.7% |
| Deferred charges and accrued income | 490/1 | €27,763 | €28,145 | +€382 | +1.4% |
| Total equity and liabilities | 10/49 | €62,317 | €57,539 | -€4,778 | -7.7% |
| Equity | 10/15 | €5,353 | €11,451 | +€6,098 | +113.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€847 | €5,251 | +€6,098 | |
| Amounts payable | 17/49 | €56,963 | €46,088 | -€10,876 | -19.1% |
| Amounts payable after more than one year | 17 | €16,800 | €8,842 | -€7,957 | -47.4% |
| Financial debts | 170/4 | €14,774 | €8,842 | -€5,932 | -40.1% |
| Trade debts | 175 | €2,026 | - | -€2,026 | |
| Amounts payable within one year | 42/48 | €40,164 | €37,245 | -€2,918 | -7.3% |
| Current portion of amounts payable after more than one year | 42 | €5,687 | €5,932 | +€245 | +4.3% |
| Trade debts | 44 | €951 | €2,588 | +€1,638 | +172.3% |
| Suppliers | 440/4 | €951 | €2,588 | +€1,638 | +172.3% |
| Taxes, remuneration and social security | 45 | €5,268 | €3,196 | -€2,072 | -39.3% |
| Taxes | 450/3 | €4,068 | €1,996 | -€2,072 | -50.9% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €28,258 | €25,529 | -€2,729 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,351 | €9,002 | -€10,350 | -53.5% |
| Other operating charges | 640/8 | €945 | €929 | -€15 | -1.6% |
| Gross operating margin | 9900 | €33,061 | €21,971 | -€11,090 | -33.5% |
| Operating profit (loss) | 9901 | €12,765 | €12,040 | -€725 | -5.7% |
| Financial income | 75/76B | €24 | €2 | -€22 | -91.6% |
| Recurring financial income | 75 | €24 | €2 | -€22 | -91.6% |
| Financial charges | 65/66B | €3,650 | €2,514 | -€1,136 | -31.1% |
| Recurring financial charges | 65 | €3,650 | €2,514 | -€1,136 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €9,139 | €9,528 | +€389 | +4.3% |
| Income taxes | 67/77 | €3,566 | €3,430 | -€136 | -3.8% |
| Profit (loss) for the period | 9904 | €5,572 | €6,098 | +€525 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,572 | €6,098 | +€525 | +9.4% |
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 4 October 2026 via checked.be.