ALBERT EN CO: 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.
ALBERT EN CO
Largest movements
- Tangible fixed assets -€28,924
down €28,924 (-9.5%), from €305,756 to €276,832
of which Land and buildings: -€24,236
- Cash +€9,510
up €9,510 (+505%), from €1,883 to €11,394
mainly Depreciation (+€39,107) and Other debts (+€13,825)
- Debts after one year -€30,811
down €30,811 (-17.7%), from €173,937 to €143,127
- Other debts +€13,825
up €13,825 (+37.3%), from €37,104 to €50,929
- Trade debts -€3,540
down €3,540 (-13.8%), from €25,643 to €22,103
- Tax, wage and social debts +€3,506
up €3,506 (+32.4%), from €10,805 to €14,312
of which Remuneration and social security: +€2,698
- Gross operating margin -€14,815
down €14,815 (-8.5%), from €174,099 to €159,284
- Staff costs -€6,952
down €6,952 (-5.9%), from €117,684 to €110,732
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 | €324,724 | €304,406 | -€20,318 | -6.3% |
| Fixed assets | 21/28 | €307,337 | €276,847 | -€30,490 | -9.9% |
| Tangible fixed assets | 22/27 | €305,756 | €276,832 | -€28,924 | -9.5% |
| Land and buildings | 22 | €282,977 | €258,741 | -€24,236 | -8.6% |
| Plant, machinery and equipment | 23 | €22,424 | €16,200 | -€6,224 | -27.8% |
| Furniture and vehicles | 24 | €355 | €1,891 | +€1,536 | +432% |
| Financial fixed assets | 28 | €1,581 | €15 | -€1,566 | -99.1% |
| Current assets | 29/58 | €17,387 | €27,559 | +€10,173 | +58.5% |
| Stocks and contracts in progress | 3 | €6,267 | €8,222 | +€1,955 | +31.2% |
| Stocks | 30/36 | €6,267 | €8,222 | +€1,955 | +31.2% |
| Amounts receivable within one year | 40/41 | €8,972 | €7,944 | -€1,028 | -11.5% |
| Trade receivables | 40 | €8,869 | €7,794 | -€1,076 | -12.1% |
| Other amounts receivable | 41 | €102 | €150 | +€48 | +46.8% |
| Cash at bank and in hand | 54/58 | €1,883 | €11,394 | +€9,510 | +505% |
| Deferred charges and accrued income | 490/1 | €265 | €0 | -€265 | -100% |
| Total equity and liabilities | 10/49 | €324,724 | €304,406 | -€20,318 | -6.3% |
| Equity | 10/15 | €46,335 | €43,126 | -€3,210 | -6.9% |
| Contributions | 10/11 | €169,600 | €169,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,265 | -€126,474 | -€3,210 | -2.6% |
| Amounts payable | 17/49 | €278,389 | €261,281 | -€17,108 | -6.1% |
| Amounts payable after more than one year | 17 | €173,937 | €143,127 | -€30,811 | -17.7% |
| Financial debts | 170/4 | €173,937 | €143,127 | -€30,811 | -17.7% |
| Amounts payable within one year | 42/48 | €104,452 | €118,154 | +€13,702 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €30,899 | €30,811 | -€89 | -0.3% |
| Trade debts | 44 | €25,643 | €22,103 | -€3,540 | -13.8% |
| Suppliers | 440/4 | €25,643 | €22,103 | -€3,540 | -13.8% |
| Taxes, remuneration and social security | 45 | €10,805 | €14,312 | +€3,506 | +32.4% |
| Taxes | 450/3 | €3,541 | €4,349 | +€809 | +22.8% |
| Remuneration and social security | 454/9 | €7,265 | €9,963 | +€2,698 | +37.1% |
| Other amounts payable | 47/48 | €37,104 | €50,929 | +€13,825 | +37.3% |
| Non-recurring operating income | 76A | - | €248 | +€248 | |
| Remuneration, social security and pensions | 62 | €117,684 | €110,732 | -€6,952 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,522 | €39,107 | -€415 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €494 | +€494 | |
| Other operating charges | 640/8 | €7,542 | €6,874 | -€668 | -8.9% |
| Gross operating margin | 9900 | €174,099 | €159,284 | -€14,815 | -8.5% |
| Operating profit (loss) | 9901 | €9,352 | €2,077 | -€7,275 | -77.8% |
| Financial income | 75/76B | €18 | €26 | +€9 | +48.1% |
| Recurring financial income | 75 | €18 | €26 | +€9 | +48.1% |
| Financial charges | 65/66B | €6,330 | €5,140 | -€1,190 | -18.8% |
| Recurring financial charges | 65 | €6,330 | €5,140 | -€1,190 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €3,040 | -€3,036 | -€6,077 | |
| Income taxes | 67/77 | €343 | €173 | -€170 | -49.5% |
| Profit (loss) for the period | 9904 | €2,697 | -€3,210 | -€5,907 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,697 | -€3,210 | -€5,907 |
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 27 October 2026 via checked.be.