Albero: 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.
Albero
Largest movements
- Tangible fixed assets -€12,757
down €12,757 (-41.6%), from €30,651 to €17,894
of which Furniture and vehicles: -€8,566
- Receivables within one year +€10,091
up €10,091 (+45.9%), from €21,990 to €32,081
of which Trade receivables: +€9,589
- Cash -€1,632
down €1,632 (-3.4%), from €48,419 to €46,788
mainly Contributions, distributions and other (-€41,966) and Receivables within one year (-€10,091)
- Trade debts -€2,975
down €2,975 (-53.4%), from €5,571 to €2,595
- Tax, wage and social debts +€1,934
up €1,934 (+22.9%), from €8,460 to €10,394
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin -€4,439
down €4,439 (-6.2%), from €71,565 to €67,127
- Depreciation -€1,085
down €1,085 (-10.0%), from €10,800 to €9,716
- Taxes -€837
down €837 (-6.5%), from €12,825 to €11,987
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 | €110,643 | €107,095 | -€3,548 | -3.2% |
| Fixed assets | 21/28 | €38,244 | €25,487 | -€12,757 | -33.4% |
| Tangible fixed assets | 22/27 | €30,651 | €17,894 | -€12,757 | -41.6% |
| Plant, machinery and equipment | 23 | €4,191 | €3,232 | -€960 | -22.9% |
| Furniture and vehicles | 24 | €13,435 | €4,869 | -€8,566 | -63.8% |
| Other tangible fixed assets | 26 | €13,024 | €9,793 | -€3,231 | -24.8% |
| Financial fixed assets | 28 | €7,593 | €7,593 | = | 0.0% |
| Current assets | 29/58 | €72,399 | €81,608 | +€9,209 | +12.7% |
| Amounts receivable within one year | 40/41 | €21,990 | €32,081 | +€10,091 | +45.9% |
| Trade receivables | 40 | €21,980 | €31,569 | +€9,589 | +43.6% |
| Other amounts receivable | 41 | €11 | €513 | +€502 | +4,672% |
| Cash at bank and in hand | 54/58 | €48,419 | €46,788 | -€1,632 | -3.4% |
| Deferred charges and accrued income | 490/1 | €1,989 | €2,739 | +€750 | +37.7% |
| Total equity and liabilities | 10/49 | €110,643 | €107,095 | -€3,548 | -3.2% |
| Equity | 10/15 | €20,460 | €18,600 | -€1,860 | -9.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Amounts payable | 17/49 | €90,183 | €88,495 | -€1,688 | -1.9% |
| Amounts payable within one year | 42/48 | €90,183 | €88,495 | -€1,688 | -1.9% |
| Trade debts | 44 | €5,571 | €2,595 | -€2,975 | -53.4% |
| Suppliers | 440/4 | €5,571 | €2,595 | -€2,975 | -53.4% |
| Taxes, remuneration and social security | 45 | €8,460 | €10,394 | +€1,934 | +22.9% |
| Taxes | 450/3 | €8,460 | €10,394 | +€1,934 | +22.9% |
| Other amounts payable | 47/48 | €76,152 | €75,506 | -€646 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,800 | €9,716 | -€1,085 | -10.0% |
| Other operating charges | 640/8 | €1,511 | €1,622 | +€111 | +7.3% |
| Gross operating margin | 9900 | €71,565 | €67,127 | -€4,439 | -6.2% |
| Operating profit (loss) | 9901 | €59,254 | €55,789 | -€3,465 | -5.8% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,944 | €3,698 | -€246 | -6.2% |
| Recurring financial charges | 65 | €3,944 | €3,698 | -€246 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €55,309 | €52,094 | -€3,216 | -5.8% |
| Income taxes | 67/77 | €12,825 | €11,987 | -€837 | -6.5% |
| Profit (loss) for the period | 9904 | €42,485 | €40,106 | -€2,378 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,485 | €40,106 | -€2,378 | -5.6% |
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 17 October 2026 via checked.be.