Albert: 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.
Albert
Largest movements
- Cash -€24,180
down €24,180 (-42.9%), from €56,353 to €32,174
mainly Debts after one year (-€50,000) and Other debts (-€193)
- Debts after one year -€50,000
down €50,000 (-72.0%), from €69,431 to €19,431
- Profit (loss) carried forward +€20,109
up €20,109 (+38.6%), from -€52,109 to -€32,000
- Gross operating margin -€3,156
down €3,156 (-10.0%), from €31,633 to €28,477
- Depreciation -€2,829
down €2,829 (-34.2%), from €8,274 to €5,445
- Taxes +€460
new in 2025: €460
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 | €597,347 | €567,722 | -€29,625 | -5.0% |
| Fixed assets | 21/28 | €540,994 | €535,549 | -€5,445 | -1.0% |
| Tangible fixed assets | 22/27 | €540,330 | €534,884 | -€5,445 | -1.0% |
| Land and buildings | 22 | €509,717 | €509,717 | = | 0.0% |
| Plant, machinery and equipment | 23 | €30,227 | €25,167 | -€5,060 | -16.7% |
| Furniture and vehicles | 24 | €386 | €0 | -€386 | -100.0% |
| Financial fixed assets | 28 | €664 | €664 | = | 0.0% |
| Current assets | 29/58 | €56,353 | €32,174 | -€24,180 | -42.9% |
| Cash at bank and in hand | 54/58 | €56,353 | €32,174 | -€24,180 | -42.9% |
| Total equity and liabilities | 10/49 | €597,347 | €567,722 | -€29,625 | -5.0% |
| Equity | 10/15 | €470,009 | €490,117 | +€20,109 | +4.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €509,717 | €509,717 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,109 | -€32,000 | +€20,109 | +38.6% |
| Amounts payable | 17/49 | €127,339 | €77,605 | -€49,734 | -39.1% |
| Amounts payable after more than one year | 17 | €69,431 | €19,431 | -€50,000 | -72.0% |
| Financial debts | 170/4 | €69,431 | €19,431 | -€50,000 | -72.0% |
| Amounts payable within one year | 42/48 | €37,430 | €37,696 | +€266 | +0.7% |
| Trade debts | 44 | €526 | €526 | = | 0.0% |
| Suppliers | 440/4 | €526 | €526 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €460 | +€460 | |
| Taxes | 450/3 | - | €460 | +€460 | |
| Other amounts payable | 47/48 | €36,904 | €36,711 | -€193 | -0.5% |
| Accrued charges and deferred income | 492/3 | €20,478 | €20,478 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,274 | €5,445 | -€2,829 | -34.2% |
| Other operating charges | 640/8 | €2,356 | €2,430 | +€74 | +3.2% |
| Gross operating margin | 9900 | €31,633 | €28,477 | -€3,156 | -10.0% |
| Operating profit (loss) | 9901 | €21,003 | €20,601 | -€401 | -1.9% |
| Financial charges | 65/66B | €29 | €33 | +€5 | +16.7% |
| Recurring financial charges | 65 | €29 | €33 | +€5 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €20,974 | €20,568 | -€406 | -1.9% |
| Income taxes | 67/77 | - | €460 | +€460 | |
| Profit (loss) for the period | 9904 | €20,974 | €20,109 | -€865 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,974 | €20,109 | -€865 | -4.1% |
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 28 September 2026 via checked.be.