ALBERTIJN-CLAES: 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.
ALBERTIJN-CLAES
Largest movements
- Receivables within one year -€9,378
down €9,378 (-60.2%), from €15,589 to €6,211
of which Trade receivables: -€11,705
- Cash +€6,777
up €6,777 (+36.7%), from €18,467 to €25,244
mainly Depreciation (+€9,413) and Receivables within one year (+€9,378)
- Tangible fixed assets -€5,220
down €5,220 (-14.1%), from €36,908 to €31,688
of which Furniture and vehicles: -€7,813
- Tax, wage and social debts -€4,962
down €4,962 (-65.5%), from €7,581 to €2,619
- Trade debts -€1,356
down €1,356 (-33.8%), from €4,019 to €2,662
- Profit (loss) carried forward -€946
new in 2025: -€946
- Gross operating margin -€16,511
down €16,511 (-62.3%), from €26,518 to €10,007
- Taxes -€7,150
down €7,150 (-94.3%), from €7,581 to €430
- Depreciation +€5,113
up €5,113 (+119%), from €4,301 to €9,413
- Other operating charges -€267
down €267 (-24.3%), from €1,101 to €833
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 | €84,203 | €76,752 | -€7,452 | -8.8% |
| Fixed assets | 21/28 | €36,908 | €31,688 | -€5,220 | -14.1% |
| Tangible fixed assets | 22/27 | €36,908 | €31,688 | -€5,220 | -14.1% |
| Plant, machinery and equipment | 23 | €1,597 | €4,189 | +€2,593 | +162% |
| Furniture and vehicles | 24 | €35,311 | €27,499 | -€7,813 | -22.1% |
| Current assets | 29/58 | €47,295 | €45,064 | -€2,232 | -4.7% |
| Stocks and contracts in progress | 3 | €11,538 | €11,385 | -€153 | -1.3% |
| Stocks | 30/36 | €11,538 | €11,385 | -€153 | -1.3% |
| Amounts receivable within one year | 40/41 | €15,589 | €6,211 | -€9,378 | -60.2% |
| Trade receivables | 40 | €12,010 | €305 | -€11,705 | -97.5% |
| Other amounts receivable | 41 | €3,579 | €5,906 | +€2,327 | +65.0% |
| Cash at bank and in hand | 54/58 | €18,467 | €25,244 | +€6,777 | +36.7% |
| Deferred charges and accrued income | 490/1 | €1,702 | €2,225 | +€523 | +30.7% |
| Total equity and liabilities | 10/49 | €84,203 | €76,752 | -€7,452 | -8.8% |
| Equity | 10/15 | €72,141 | €71,195 | -€946 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,541 | €53,541 | = | 0.0% |
| Distributable reserves | 133 | €53,541 | €53,541 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€946 | -€946 | |
| Amounts payable | 17/49 | €12,063 | €5,556 | -€6,506 | -53.9% |
| Amounts payable within one year | 42/48 | €11,788 | €5,281 | -€6,506 | -55.2% |
| Trade debts | 44 | €4,019 | €2,662 | -€1,356 | -33.8% |
| Suppliers | 440/4 | €4,019 | €2,662 | -€1,356 | -33.8% |
| Taxes, remuneration and social security | 45 | €7,581 | €2,619 | -€4,962 | -65.5% |
| Taxes | 450/3 | €7,581 | €2,619 | -€4,962 | -65.5% |
| Other amounts payable | 47/48 | €188 | - | -€188 | |
| Accrued charges and deferred income | 492/3 | €275 | €275 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,301 | €9,413 | +€5,113 | +119% |
| Other operating charges | 640/8 | €1,101 | €833 | -€267 | -24.3% |
| Gross operating margin | 9900 | €26,518 | €10,007 | -€16,511 | -62.3% |
| Operating profit (loss) | 9901 | €21,117 | -€240 | -€21,357 | |
| Financial income | 75/76B | €107 | €71 | -€36 | -33.6% |
| Recurring financial income | 75 | €107 | €71 | -€36 | -33.6% |
| Financial charges | 65/66B | €355 | €347 | -€8 | -2.3% |
| Recurring financial charges | 65 | €355 | €347 | -€8 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €20,869 | -€515 | -€21,385 | |
| Income taxes | 67/77 | €7,581 | €430 | -€7,150 | -94.3% |
| Profit (loss) for the period | 9904 | €13,289 | -€946 | -€14,235 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,289 | -€946 | -€14,235 |
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 22 October 2026 via checked.be.