ALBERTSON PROPERTIES: 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.
ALBERTSON PROPERTIES
Largest movements
- Receivables after one year -€57,000
down €57,000 (-26.3%), from €217,000 to €160,000
- Tangible fixed assets -€41,322
down €41,322 (-4.2%), from €987,281 to €945,959
- Cash +€40,079
up €40,079 (+77.2%), from €51,902 to €91,981
mainly Net result for the year (+€80,703) and Receivables after one year (+€57,000)
- Debts after one year -€90,033
down €90,033 (-17.9%), from €502,748 to €412,715
- Profit (loss) carried forward +€20,703
up €20,703 (+3.6%), from €576,482 to €597,185
- Turnover -€181,732
no longer reported in 2025 (was €181,732)
- Purchases and services -€53,640
no longer reported in 2025 (was €53,640)
- Gross operating margin +€43,683
up €43,683 (+34.1%), from €128,092 to €171,776
- Taxes +€9,887
up €9,887 (+50.4%), from €19,631 to €29,518
- Depreciation +€7,287
up €7,287 (+21.4%), from €34,035 to €41,322
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 | €1,264,982 | €1,209,674 | -€55,308 | -4.4% |
| Fixed assets | 21/28 | €987,281 | €945,959 | -€41,322 | -4.2% |
| Tangible fixed assets | 22/27 | €987,281 | €945,959 | -€41,322 | -4.2% |
| Land and buildings | 22 | €987,281 | €945,959 | -€41,322 | -4.2% |
| Current assets | 29/58 | €277,702 | €263,715 | -€13,987 | -5.0% |
| Amounts receivable after more than one year | 29 | €217,000 | €160,000 | -€57,000 | -26.3% |
| Trade receivables | 290 | €217,000 | €160,000 | -€57,000 | -26.3% |
| Amounts receivable within one year | 40/41 | €8,170 | €11,087 | +€2,917 | +35.7% |
| Other amounts receivable | 41 | €8,170 | €11,087 | +€2,917 | +35.7% |
| Cash at bank and in hand | 54/58 | €51,902 | €91,981 | +€40,079 | +77.2% |
| Deferred charges and accrued income | 490/1 | €630 | €647 | +€17 | +2.7% |
| Total equity and liabilities | 10/49 | €1,264,982 | €1,209,674 | -€55,308 | -4.4% |
| Equity | 10/15 | €596,942 | €617,645 | +€20,703 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €576,482 | €597,185 | +€20,703 | +3.6% |
| Amounts payable | 17/49 | €668,040 | €592,029 | -€76,012 | -11.4% |
| Amounts payable after more than one year | 17 | €502,748 | €412,715 | -€90,033 | -17.9% |
| Financial debts | 170/4 | €502,748 | €412,715 | -€90,033 | -17.9% |
| Amounts payable within one year | 42/48 | €165,292 | €179,314 | +€14,021 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €88,810 | €90,033 | +€1,223 | +1.4% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,331 | €29,281 | +€10,949 | +59.7% |
| Taxes | 450/3 | €18,331 | €29,281 | +€10,949 | +59.7% |
| Other amounts payable | 47/48 | €58,151 | €60,000 | +€1,849 | +3.2% |
| Turnover | 70 | €181,732 | - | -€181,732 | |
| Goods, raw materials, services and sundry goods | 60/61 | €53,640 | - | -€53,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,035 | €41,322 | +€7,287 | +21.4% |
| Other operating charges | 640/8 | €11,718 | €12,086 | +€368 | +3.1% |
| Gross operating margin | 9900 | €128,092 | €171,776 | +€43,683 | +34.1% |
| Operating profit (loss) | 9901 | €82,340 | €118,368 | +€36,029 | +43.8% |
| Financial income | 75/76B | €5,170 | €0 | -€5,170 | -100% |
| Recurring financial income | 75 | €5,170 | €0 | -€5,170 | -100% |
| Financial charges | 65/66B | €9,517 | €8,147 | -€1,370 | -14.4% |
| Recurring financial charges | 65 | €9,517 | €8,147 | -€1,370 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €77,993 | €110,222 | +€32,229 | +41.3% |
| Income taxes | 67/77 | €19,631 | €29,518 | +€9,887 | +50.4% |
| Profit (loss) for the period | 9904 | €58,362 | €80,703 | +€22,342 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,362 | €80,703 | +€22,342 | +38.3% |
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 15 October 2026 via checked.be.