ALBERT WSLF: 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 WSLF
Largest movements
- Tangible fixed assets -€15,000
down €15,000 (-3.8%), from €392,548 to €377,548
- Debts after one year -€20,911
down €20,911 (-5.9%), from €354,798 to €333,887
- Gross operating margin +€848
up €848 (+3.4%), from €24,772 to €25,620
- Financial charges -€310
down €310 (-5.3%), from €5,863 to €5,553
- Taxes +€295
up €295 (+101.2%), from €291 to €586
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 | €395,147 | €378,201 | -€16,946 | -4.3% |
| Fixed assets | 21/28 | €392,548 | €377,548 | -€15,000 | -3.8% |
| Tangible fixed assets | 22/27 | €392,548 | €377,548 | -€15,000 | -3.8% |
| Land and buildings | 22 | €392,548 | €377,548 | -€15,000 | -3.8% |
| Current assets | 29/58 | €2,599 | €653 | -€1,946 | -74.9% |
| Amounts receivable within one year | 40/41 | €1,700 | €0 | -€1,700 | -100.0% |
| Trade receivables | 40 | €851 | €0 | -€851 | -100.0% |
| Other amounts receivable | 41 | €849 | €0 | -€849 | -100.0% |
| Cash at bank and in hand | 54/58 | €899 | €653 | -€246 | -27.4% |
| Total equity and liabilities | 10/49 | €395,147 | €378,201 | -€16,946 | -4.3% |
| Equity | 10/15 | €11,872 | €14,031 | +€2,159 | +18.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,872 | €4,031 | +€2,159 | +115.3% |
| Amounts payable | 17/49 | €383,276 | €364,170 | -€19,105 | -5.0% |
| Amounts payable after more than one year | 17 | €354,798 | €333,887 | -€20,911 | -5.9% |
| Financial debts | 170/4 | €354,798 | €333,887 | -€20,911 | -5.9% |
| Amounts payable within one year | 42/48 | €28,477 | €30,283 | +€1,806 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €20,606 | €20,911 | +€305 | +1.5% |
| Trade debts | 44 | €2,480 | €0 | -€2,480 | -100.0% |
| Suppliers | 440/4 | €2,480 | €0 | -€2,480 | -100.0% |
| Taxes, remuneration and social security | 45 | €468 | €586 | +€118 | +25.2% |
| Taxes | 450/3 | €468 | €586 | +€118 | +25.2% |
| Other amounts payable | 47/48 | €4,923 | €8,786 | +€3,862 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,000 | €15,000 | = | 0.0% |
| Other operating charges | 640/8 | €2,453 | €2,327 | -€126 | -5.1% |
| Gross operating margin | 9900 | €24,772 | €25,620 | +€848 | +3.4% |
| Operating profit (loss) | 9901 | €7,319 | €8,293 | +€974 | +13.3% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €5,863 | €5,553 | -€310 | -5.3% |
| Recurring financial charges | 65 | €5,863 | €5,553 | -€310 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €1,456 | €2,745 | +€1,289 | +88.5% |
| Income taxes | 67/77 | €291 | €586 | +€295 | +101.2% |
| Profit (loss) for the period | 9904 | €1,165 | €2,159 | +€994 | +85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,165 | €2,159 | +€994 | +85.3% |
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 12 October 2026 via checked.be.