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ALBERDEEN: 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.

What changed

ALBERDEEN

BE 0434.737.469
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,674
2024 · €593+€3,081
Equity
€252,614
2024 · €248,940+€3,674
Cash
€4,960
2024 · €440+€4,519
Balance sheet total
€299,132
2024 · €297,597+€1,535

Largest movements

2024 to 2025
Assets
  • Cash +€4,519

    up €4,519 (+1026.5%), from €440 to €4,960

    mainly Net result for the year (+€3,674) and Depreciation (+€2,838)

Equity and liabilities
  • Trade debts -€4,437

    down €4,437 (-83.0%), from €5,343 to €906

  • Reserves +€3,674

    up €3,674 (+12.4%), from €29,716 to €33,390

Income statement
  • Gross operating margin +€4,175

    up €4,175 (+45.9%), from €9,097 to €13,271

  • Taxes +€863

    up €863 (+536.3%), from €161 to €1,024

  • Depreciation +€138

    up €138 (+5.1%), from €2,700 to €2,838

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €593
Gross operating margin +€4,175
Depreciation -€138
Other operating charges -€126
Financial charges +€33
Taxes -€863
Result 2025 €3,674

Cash bridge derived

cash 2024 to 2025

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.

From operations +€4,519
Investment €0
Financing €0
Cash 2024 €440
Net result for the year +€3,674
Depreciation +€2,838
Deferred charges and accrued income +€146
Trade debts -€4,437
Tax, wage and social debts +€863
Other debts +€1,435
Cash 2025 €4,960
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €297,597 €299,132 +€1,535 +0.5%
Fixed assets 21/28 €295,611 €292,773 -€2,838 -1.0%
Tangible fixed assets 22/27 €295,502 €292,664 -€2,838 -1.0%
Land and buildings 22 €293,200 €291,164 -€2,036 -0.7%
Other tangible fixed assets 26 €2,302 €1,500 -€802 -34.8%
Financial fixed assets 28 €109 €109 = 0.0%
Current assets 29/58 €1,986 €6,359 +€4,374 +220.3%
Cash at bank and in hand 54/58 €440 €4,960 +€4,519 +1026.5%
Deferred charges and accrued income 490/1 €1,545 €1,400 -€146 -9.4%
Total equity and liabilities 10/49 €297,597 €299,132 +€1,535 +0.5%
Equity 10/15 €248,940 €252,614 +€3,674 +1.5%
Contributions 10/11 €18,592 €18,592 = 0.0%
Revaluation surpluses 12 €200,632 €200,632 = 0.0%
Reserves 13 €29,716 €33,390 +€3,674 +12.4%
Distributable reserves 133 €29,716 €33,390 +€3,674 +12.4%
Amounts payable 17/49 €48,656 €46,518 -€2,138 -4.4%
Amounts payable within one year 42/48 €48,656 €46,518 -€2,138 -4.4%
Financial debts 43 €500 €500 = 0.0%
Credit institutions 430/8 €500 €500 = 0.0%
Trade debts 44 €5,343 €906 -€4,437 -83.0%
Suppliers 440/4 €5,343 €906 -€4,437 -83.0%
Taxes, remuneration and social security 45 €161 €1,024 +€863 +536.3%
Taxes 450/3 €161 €1,024 +€863 +536.3%
Other amounts payable 47/48 €42,653 €44,088 +€1,435 +3.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,700 €2,838 +€138 +5.1%
Other operating charges 640/8 €5,502 €5,628 +€126 +2.3%
Gross operating margin 9900 €9,097 €13,271 +€4,175 +45.9%
Operating profit (loss) 9901 €895 €4,805 +€3,911 +437.2%
Financial charges 65/66B €141 €107 -€33 -23.7%
Recurring financial charges 65 €141 €107 -€33 -23.7%
Profit (loss) for the period before taxes 9903 €754 €4,698 +€3,944 +523.2%
Income taxes 67/77 €161 €1,024 +€863 +536.3%
Profit (loss) for the period 9904 €593 €3,674 +€3,081 +519.7%
Profit (loss) for the period to be appropriated 9905 €593 €3,674 +€3,081 +519.7%

Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.