Albestine: 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.
Albestine
Largest movements
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Cash +€71,610
up €71,610 (+124%), from €57,890 to €129,501
mainly Current investments (+€100,000) and Net result for the year (+€23,826)
- Tangible fixed assets -€10,861
down €10,861 (-27.8%), from €39,039 to €28,178
of which Furniture and vehicles: -€10,510
- Receivables within one year +€10,487
up €10,487 (+220%), from €4,767 to €15,254
of which Trade receivables: +€9,458
- Other debts -€14,488
down €14,488 (-35.1%), from €41,227 to €26,739
- Tax, wage and social debts -€10,732
down €10,732 (-86.4%), from €12,422 to €1,690
of which Taxes: -€9,682
- Debts after one year -€7,688
down €7,688 (-48.7%), from €15,793 to €8,105
- Trade debts +€3,536
up €3,536 (+168%), from €2,109 to €5,644
- Gross operating margin -€28,656
down €28,656 (-38.3%), from €74,835 to €46,180
- Taxes -€6,162
down €6,162 (-37.6%), from €16,372 to €10,210
- Other operating charges -€3,208
down €3,208 (-65.1%), from €4,925 to €1,717
- Financial income +€1,718
up €1,718 (+10,529%), from €16 to €1,735
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 | €202,474 | €173,726 | -€28,748 | -14.2% |
| Fixed assets | 21/28 | €39,039 | €28,178 | -€10,861 | -27.8% |
| Tangible fixed assets | 22/27 | €39,039 | €28,178 | -€10,861 | -27.8% |
| Land and buildings | 22 | €511 | €160 | -€350 | -68.6% |
| Furniture and vehicles | 24 | €38,528 | €28,018 | -€10,510 | -27.3% |
| Current assets | 29/58 | €163,435 | €145,547 | -€17,888 | -10.9% |
| Amounts receivable within one year | 40/41 | €4,767 | €15,254 | +€10,487 | +220% |
| Trade receivables | 40 | €3,727 | €13,185 | +€9,458 | +254% |
| Other amounts receivable | 41 | €1,041 | €2,070 | +€1,029 | +98.9% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €57,890 | €129,501 | +€71,610 | +124% |
| Deferred charges and accrued income | 490/1 | €777 | €793 | +€15 | +2.0% |
| Total equity and liabilities | 10/49 | €202,474 | €173,726 | -€28,748 | -14.2% |
| Equity | 10/15 | €123,632 | €123,632 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €118,632 | €118,632 | = | 0.0% |
| Distributable reserves | 133 | €118,632 | €118,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €78,843 | €50,094 | -€28,748 | -36.5% |
| Amounts payable after more than one year | 17 | €15,793 | €8,105 | -€7,688 | -48.7% |
| Financial debts | 170/4 | €15,793 | €8,105 | -€7,688 | -48.7% |
| Amounts payable within one year | 42/48 | €63,050 | €41,761 | -€21,288 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €7,291 | €7,688 | +€396 | +5.4% |
| Trade debts | 44 | €2,109 | €5,644 | +€3,536 | +168% |
| Suppliers | 440/4 | €2,109 | €5,644 | +€3,536 | +168% |
| Taxes, remuneration and social security | 45 | €12,422 | €1,690 | -€10,732 | -86.4% |
| Taxes | 450/3 | €11,372 | €1,690 | -€9,682 | -85.1% |
| Remuneration and social security | 454/9 | €1,050 | €0 | -€1,050 | -100% |
| Other amounts payable | 47/48 | €41,227 | €26,739 | -€14,488 | -35.1% |
| Accrued charges and deferred income | 492/3 | €0 | €228 | +€228 | |
| Remuneration, social security and pensions | 62 | €30 | €0 | -€30 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,762 | €10,861 | +€98 | +0.9% |
| Other operating charges | 640/8 | €4,925 | €1,717 | -€3,208 | -65.1% |
| Gross operating margin | 9900 | €74,835 | €46,180 | -€28,656 | -38.3% |
| Operating profit (loss) | 9901 | €59,118 | €33,602 | -€25,516 | -43.2% |
| Financial income | 75/76B | €16 | €1,735 | +€1,718 | +10,529% |
| Recurring financial income | 75 | €16 | €1,735 | +€1,718 | +10,529% |
| Financial charges | 65/66B | €1,535 | €1,300 | -€235 | -15.3% |
| Recurring financial charges | 65 | €1,535 | €1,300 | -€235 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €57,599 | €34,036 | -€23,563 | -40.9% |
| Income taxes | 67/77 | €16,372 | €10,210 | -€6,162 | -37.6% |
| Profit (loss) for the period | 9904 | €41,227 | €23,826 | -€17,401 | -42.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,227 | €23,826 | -€17,401 | -42.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.