Albert House: 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 House
Largest movements
- Receivables within one year +€34,187
up €34,187 (+207.5%), from €16,478 to €50,666
of which Trade receivables: +€34,788
- Cash -€19,368
down €19,368 (-25.9%), from €74,740 to €55,372
mainly Receivables within one year (-€34,187) and Tax, wage and social debts (-€28,129)
- Tangible fixed assets -€6,703
down €6,703 (-11.4%), from €58,541 to €51,838
of which Other tangible fixed assets: -€4,531
- Deferred charges and accrued income -€1,675
down €1,675 (-100.0%), from €1,675 to €0
- Reserves +€38,021
new in 2025: €38,021
- Tax, wage and social debts -€28,129
down €28,129 (-61.9%), from €45,478 to €17,350
- Trade debts -€3,923
down €3,923 (-95.3%), from €4,116 to €194
- Gross operating margin +€55,593
up €55,593 (+1048.6%), from €5,302 to €60,895
- Taxes +€15,481
up €15,481 (+3236.7%), from €478 to €15,960
- Financial income +€731
up €731 (+7993.4%), from €9 to €741
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 | €151,434 | €157,876 | +€6,442 | +4.3% |
| Fixed assets | 21/28 | €58,541 | €51,838 | -€6,703 | -11.4% |
| Tangible fixed assets | 22/27 | €58,541 | €51,838 | -€6,703 | -11.4% |
| Furniture and vehicles | 24 | €13,127 | €10,956 | -€2,171 | -16.5% |
| Other tangible fixed assets | 26 | €45,413 | €40,882 | -€4,531 | -10.0% |
| Current assets | 29/58 | €92,893 | €106,038 | +€13,145 | +14.2% |
| Amounts receivable within one year | 40/41 | €16,478 | €50,666 | +€34,187 | +207.5% |
| Trade receivables | 40 | €0 | €34,788 | +€34,788 | |
| Other amounts receivable | 41 | €16,478 | €15,878 | -€600 | -3.6% |
| Cash at bank and in hand | 54/58 | €74,740 | €55,372 | -€19,368 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,675 | €0 | -€1,675 | -100.0% |
| Total equity and liabilities | 10/49 | €151,434 | €157,876 | +€6,442 | +4.3% |
| Equity | 10/15 | €101,839 | €139,860 | +€38,021 | +37.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €38,021 | +€38,021 | |
| Distributable reserves | 133 | - | €38,021 | +€38,021 | |
| Profit (loss) carried forward | 14 | €98,839 | €98,839 | = | 0.0% |
| Amounts payable | 17/49 | €49,595 | €18,015 | -€31,579 | -63.7% |
| Amounts payable within one year | 42/48 | €49,595 | €18,015 | -€31,579 | -63.7% |
| Financial debts | 43 | - | €472 | +€472 | |
| Credit institutions | 430/8 | - | €472 | +€472 | |
| Trade debts | 44 | €4,116 | €194 | -€3,923 | -95.3% |
| Suppliers | 440/4 | €4,116 | €194 | -€3,923 | -95.3% |
| Taxes, remuneration and social security | 45 | €45,478 | €17,350 | -€28,129 | -61.9% |
| Taxes | 450/3 | €45,478 | €17,350 | -€28,129 | -61.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,422 | +€1,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,189 | €6,703 | +€514 | +8.3% |
| Other operating charges | 640/8 | €421 | €192 | -€229 | -54.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €5,302 | €60,895 | +€55,593 | +1048.6% |
| Operating profit (loss) | 9901 | -€1,308 | €54,000 | +€55,308 | |
| Financial income | 75/76B | €9 | €741 | +€731 | +7993.4% |
| Recurring financial income | 75 | €9 | €741 | +€731 | +7993.4% |
| Financial charges | 65/66B | €1,051 | €759 | -€291 | -27.7% |
| Recurring financial charges | 65 | €1,051 | €759 | -€291 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,350 | €53,981 | +€56,331 | |
| Income taxes | 67/77 | €478 | €15,960 | +€15,481 | +3236.7% |
| Profit (loss) for the period | 9904 | -€2,828 | €38,021 | +€40,849 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,828 | €38,021 | +€40,849 |
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 9 October 2026 via checked.be.