ALBEMA: 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.
ALBEMA
Largest movements
- Receivables within one year +€16,212
up €16,212 (+108.4%), from €14,958 to €31,170
- Cash -€1,903
down €1,903 (-19.2%), from €9,912 to €8,009
mainly Receivables within one year (-€16,212) and Investment in fixed assets (net) (-€3,495)
- Tangible fixed assets +€1,404
up €1,404 (+18.2%), from €7,700 to €9,104
of which Plant, machinery and equipment: +€1,576
- Reserves +€11,121
up €11,121 (+98.0%), from €11,344 to €22,465
- Tax, wage and social debts +€3,450
up €3,450 (+79.5%), from €4,341 to €7,791
- Trade debts -€3,423
down €3,423 (-49.2%), from €6,958 to €3,535
- Profit (loss) carried forward +€2,874
up €2,874, from -€2,874 to €0
- Other debts +€1,694
up €1,694 (+22.0%), from €7,703 to €9,397
- Gross operating margin +€16,781
up €16,781 (+282.3%), from €5,945 to €22,726
- Taxes +€4,617
up €4,617 (+332.7%), from €1,388 to €6,005
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 | €33,671 | €49,388 | +€15,717 | +46.7% |
| Fixed assets | 21/28 | €7,700 | €9,104 | +€1,404 | +18.2% |
| Tangible fixed assets | 22/27 | €7,700 | €9,104 | +€1,404 | +18.2% |
| Plant, machinery and equipment | 23 | - | €1,576 | +€1,576 | |
| Furniture and vehicles | 24 | €720 | €1,938 | +€1,217 | +169.0% |
| Other tangible fixed assets | 26 | €6,979 | €5,590 | -€1,389 | -19.9% |
| Current assets | 29/58 | €25,972 | €40,284 | +€14,312 | +55.1% |
| Amounts receivable within one year | 40/41 | €14,958 | €31,170 | +€16,212 | +108.4% |
| Trade receivables | 40 | €14,958 | €31,170 | +€16,212 | +108.4% |
| Cash at bank and in hand | 54/58 | €9,912 | €8,009 | -€1,903 | -19.2% |
| Deferred charges and accrued income | 490/1 | €1,102 | €1,105 | +€3 | +0.3% |
| Total equity and liabilities | 10/49 | €33,671 | €49,388 | +€15,717 | +46.7% |
| Equity | 10/15 | €14,670 | €28,665 | +€13,995 | +95.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,344 | €22,465 | +€11,121 | +98.0% |
| Distributable reserves | 133 | €11,344 | €22,465 | +€11,121 | +98.0% |
| Profit (loss) carried forward | 14 | -€2,874 | €0 | +€2,874 | |
| Amounts payable | 17/49 | €19,001 | €20,723 | +€1,721 | +9.1% |
| Amounts payable within one year | 42/48 | €19,001 | €20,723 | +€1,721 | +9.1% |
| Trade debts | 44 | €6,958 | €3,535 | -€3,423 | -49.2% |
| Suppliers | 440/4 | €6,958 | €3,535 | -€3,423 | -49.2% |
| Taxes, remuneration and social security | 45 | €4,341 | €7,791 | +€3,450 | +79.5% |
| Taxes | 450/3 | €4,341 | €7,791 | +€3,450 | +79.5% |
| Other amounts payable | 47/48 | €7,703 | €9,397 | +€1,694 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,889 | €2,091 | +€202 | +10.7% |
| Other operating charges | 640/8 | €495 | €535 | +€41 | +8.3% |
| Gross operating margin | 9900 | €5,945 | €22,726 | +€16,781 | +282.3% |
| Operating profit (loss) | 9901 | €3,561 | €20,100 | +€16,539 | +464.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +11900.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +11900.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €70 | €101 | +€31 | +44.6% |
| Recurring financial charges | 65 | €70 | €101 | +€31 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €3,491 | €20,000 | +€16,509 | +472.9% |
| Income taxes | 67/77 | €1,388 | €6,005 | +€4,617 | +332.7% |
| Profit (loss) for the period | 9904 | €2,103 | €13,995 | +€11,892 | +565.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,103 | €13,995 | +€11,892 | +565.4% |
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 10 October 2026 via checked.be.