Albertlaan 128: 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.
Albertlaan 128
Largest movements
- Tangible fixed assets -€46,565
down €46,565 (-6.8%), from €684,537 to €637,972
- Cash -€11,968
down €11,968 (-18.1%), from €66,211 to €54,243
mainly Debts after one year (-€71,142) and Other debts (-€16,563)
- Deferred charges and accrued income -€8,918
no longer reported in 2025 (was €8,918)
- Debts after one year -€71,142
down €71,142 (-25.6%), from €277,827 to €206,685
- Reserves +€22,720
up €22,720 (+83.6%), from €27,177 to €49,897
of which Distributable reserves: +€22,720
- Other debts -€16,563
down €16,563 (-19.1%), from €86,563 to €70,000
- Trade debts -€12,747
down €12,747 (-40.7%), from €31,294 to €18,547
- Gross operating margin +€10,055
up €10,055 (+11.8%), from €84,920 to €94,975
- Taxes +€3,473
up €3,473 (+47.7%), from €7,283 to €10,756
- Financial charges -€1,821
down €1,821 (-11.2%), from €16,211 to €14,390
- Depreciation +€1,283
up €1,283 (+2.8%), from €45,282 to €46,565
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 | €762,523 | €692,215 | -€70,308 | -9.2% |
| Fixed assets | 21/28 | €684,537 | €637,972 | -€46,565 | -6.8% |
| Tangible fixed assets | 22/27 | €684,537 | €637,972 | -€46,565 | -6.8% |
| Land and buildings | 22 | €684,537 | €637,972 | -€46,565 | -6.8% |
| Current assets | 29/58 | €77,986 | €54,243 | -€23,743 | -30.4% |
| Amounts receivable within one year | 40/41 | €2,857 | - | -€2,857 | |
| Other amounts receivable | 41 | €2,857 | - | -€2,857 | |
| Cash at bank and in hand | 54/58 | €66,211 | €54,243 | -€11,968 | -18.1% |
| Deferred charges and accrued income | 490/1 | €8,918 | - | -€8,918 | |
| Total equity and liabilities | 10/49 | €762,523 | €692,215 | -€70,308 | -9.2% |
| Equity | 10/15 | €251,801 | €274,521 | +€22,720 | +9.0% |
| Contributions | 10/11 | €211,269 | €211,269 | = | 0.0% |
| Reserves | 13 | €27,177 | €49,897 | +€22,720 | +83.6% |
| Non-distributable reserves | 130/1 | €3,300 | €3,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,300 | €3,300 | = | 0.0% |
| Distributable reserves | 133 | €23,877 | €46,597 | +€22,720 | +95.2% |
| Profit (loss) carried forward | 14 | €13,356 | €13,356 | = | 0.0% |
| Amounts payable | 17/49 | €510,722 | €417,694 | -€93,028 | -18.2% |
| Amounts payable after more than one year | 17 | €277,827 | €206,685 | -€71,142 | -25.6% |
| Financial debts | 170/4 | €277,827 | €206,685 | -€71,142 | -25.6% |
| Amounts payable within one year | 42/48 | €186,954 | €160,445 | -€26,509 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €69,097 | €71,142 | +€2,045 | +3.0% |
| Trade debts | 44 | €31,294 | €18,547 | -€12,747 | -40.7% |
| Suppliers | 440/4 | €31,294 | €18,547 | -€12,747 | -40.7% |
| Taxes, remuneration and social security | 45 | - | €756 | +€756 | |
| Taxes | 450/3 | - | €756 | +€756 | |
| Other amounts payable | 47/48 | €86,563 | €70,000 | -€16,563 | -19.1% |
| Accrued charges and deferred income | 492/3 | €45,941 | €50,564 | +€4,623 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,282 | €46,565 | +€1,283 | +2.8% |
| Other operating charges | 640/8 | €536 | €544 | +€7 | +1.4% |
| Gross operating margin | 9900 | €84,920 | €94,975 | +€10,055 | +11.8% |
| Operating profit (loss) | 9901 | €39,101 | €47,865 | +€8,764 | +22.4% |
| Financial charges | 65/66B | €16,211 | €14,390 | -€1,821 | -11.2% |
| Recurring financial charges | 65 | €16,211 | €14,390 | -€1,821 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €22,890 | €33,476 | +€10,586 | +46.2% |
| Income taxes | 67/77 | €7,283 | €10,756 | +€3,473 | +47.7% |
| Profit (loss) for the period | 9904 | €15,607 | €22,720 | +€7,113 | +45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,607 | €22,720 | +€7,113 | +45.6% |
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 31 October 2026 via checked.be.