Albert Group: 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 Group
Largest movements
- Receivables within one year +€49,629
up €49,629 (+45.2%), from €109,861 to €159,490
of which Other amounts receivable: +€29,209
- Tangible fixed assets -€9,161
down €9,161 (-34.8%), from €26,334 to €17,173
- Profit (loss) carried forward +€18,892
up €18,892 (+18.6%), from €101,840 to €120,731
- Trade debts +€12,978
up €12,978 (+114.8%), from €11,309 to €24,286
of which Suppliers: +€16,984
- Tax, wage and social debts +€7,570
up €7,570 (+48.7%), from €15,540 to €23,110
- Gross operating margin -€17,213
down €17,213 (-32.5%), from €52,968 to €35,755
- Depreciation +€5,565
up €5,565 (+118.6%), from €4,691 to €10,256
- Taxes -€4,940
down €4,940 (-33.0%), from €14,963 to €10,022
- Other operating charges +€2,195
up €2,195 (+273.8%), from €801 to €2,996
- Financial income +€1,999
up €1,999 (+44.0%), from €4,547 to €6,546
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 | €145,417 | €186,628 | +€41,211 | +28.3% |
| Fixed assets | 21/28 | €27,663 | €18,502 | -€9,161 | -33.1% |
| Tangible fixed assets | 22/27 | €26,334 | €17,173 | -€9,161 | -34.8% |
| Furniture and vehicles | 24 | €26,334 | €17,173 | -€9,161 | -34.8% |
| Financial fixed assets | 28 | €1,329 | €1,329 | = | 0.0% |
| Current assets | 29/58 | €117,754 | €168,126 | +€50,372 | +42.8% |
| Amounts receivable within one year | 40/41 | €109,861 | €159,490 | +€49,629 | +45.2% |
| Trade receivables | 40 | €16,798 | €37,217 | +€20,419 | +121.6% |
| Other amounts receivable | 41 | €93,063 | €122,273 | +€29,209 | +31.4% |
| Cash at bank and in hand | 54/58 | €7,203 | €8,072 | +€869 | +12.1% |
| Deferred charges and accrued income | 490/1 | €690 | €564 | -€126 | -18.2% |
| Total equity and liabilities | 10/49 | €145,417 | €186,628 | +€41,211 | +28.3% |
| Equity | 10/15 | €104,340 | €123,231 | +€18,892 | +18.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €101,840 | €120,731 | +€18,892 | +18.6% |
| Amounts payable | 17/49 | €41,077 | €63,397 | +€22,320 | +54.3% |
| Amounts payable within one year | 42/48 | €26,849 | €47,397 | +€20,548 | +76.5% |
| Trade debts | 44 | €11,309 | €24,286 | +€12,978 | +114.8% |
| Suppliers | 440/4 | €7,302 | €24,286 | +€16,984 | +232.6% |
| Bills of exchange payable | 441 | €4,007 | - | -€4,007 | |
| Taxes, remuneration and social security | 45 | €15,540 | €23,110 | +€7,570 | +48.7% |
| Taxes | 450/3 | €15,540 | €23,110 | +€7,570 | +48.7% |
| Accrued charges and deferred income | 492/3 | €14,228 | €16,000 | +€1,772 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,691 | €10,256 | +€5,565 | +118.6% |
| Other operating charges | 640/8 | €801 | €2,996 | +€2,195 | +273.8% |
| Gross operating margin | 9900 | €52,968 | €35,755 | -€17,213 | -32.5% |
| Operating profit (loss) | 9901 | €47,476 | €22,503 | -€24,972 | -52.6% |
| Financial income | 75/76B | €4,547 | €6,546 | +€1,999 | +44.0% |
| Recurring financial income | 75 | €4,547 | €6,546 | +€1,999 | +44.0% |
| Financial charges | 65/66B | €196 | €136 | -€60 | -30.7% |
| Recurring financial charges | 65 | €196 | €136 | -€60 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €51,828 | €28,914 | -€22,913 | -44.2% |
| Income taxes | 67/77 | €14,963 | €10,022 | -€4,940 | -33.0% |
| Profit (loss) for the period | 9904 | €36,865 | €18,892 | -€17,973 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,865 | €18,892 | -€17,973 | -48.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.