ALBEXH: 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.
ALBEXH
Largest movements
- Receivables within one year +€4,396
up €4,396 (+146%), from €3,005 to €7,402
of which Other amounts receivable: +€5,927
- Stocks and contracts +€2,100
up €2,100 (+894%), from €235 to €2,335
- Cash +€1,860
up €1,860 (+18.6%), from €10,015 to €11,875
mainly Net result for the year (+€7,689) and Tax, wage and social debts (+€1,852)
- Tangible fixed assets -€410
down €410 (-34.4%), from €1,192 to €781
- Profit (loss) carried forward +€7,689
up €7,689 (+43.1%), from -€17,826 to -€10,137
- Tax, wage and social debts +€1,852
up €1,852 (+160%), from €1,158 to €3,010
- Trade debts -€1,595
no longer reported in 2024 (was €1,595)
- Staff costs -€12,789
no longer reported in 2024 (was €12,789)
- Purchases and services +€6,597
up €6,597 (+5.2%), from €126,752 to €133,349
- Write-downs +€3,870
new in 2024: €3,870
- Taxes -€3,744
no longer reported in 2024 (was €3,744)
- Gross operating margin -€3,553
down €3,553 (-21.5%), from €16,516 to €12,964
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,810 | €22,756 | +€7,946 | +53.7% |
| Fixed assets | 21/28 | €1,555 | €1,144 | -€410 | -26.4% |
| Tangible fixed assets | 22/27 | €1,192 | €781 | -€410 | -34.4% |
| Other tangible fixed assets | 26 | €1,192 | €781 | -€410 | -34.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €13,255 | €21,611 | +€8,356 | +63.0% |
| Stocks and contracts in progress | 3 | €235 | €2,335 | +€2,100 | +894% |
| Stocks | 30/36 | €235 | €2,335 | +€2,100 | +894% |
| Amounts receivable within one year | 40/41 | €3,005 | €7,402 | +€4,396 | +146% |
| Trade receivables | 40 | €1,530 | - | -€1,530 | |
| Other amounts receivable | 41 | €1,475 | €7,402 | +€5,927 | +402% |
| Cash at bank and in hand | 54/58 | €10,015 | €11,875 | +€1,860 | +18.6% |
| Total equity and liabilities | 10/49 | €14,810 | €22,756 | +€7,946 | +53.7% |
| Equity | 10/15 | €12,057 | €19,745 | +€7,689 | +63.8% |
| Contributions | 10/11 | €18,700 | €18,700 | = | 0.0% |
| Capital | 10 | €18,700 | €18,700 | = | 0.0% |
| Issued capital | 100 | €18,700 | €18,700 | = | 0.0% |
| Reserves | 13 | €11,183 | €11,183 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,870 | €1,870 | = | 0.0% |
| Legal reserve | 130 | €1,870 | €1,870 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,313 | €9,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,826 | -€10,137 | +€7,689 | +43.1% |
| Amounts payable | 17/49 | €2,753 | €3,010 | +€257 | +9.3% |
| Amounts payable within one year | 42/48 | €2,753 | €3,010 | +€257 | +9.3% |
| Trade debts | 44 | €1,595 | - | -€1,595 | |
| Suppliers | 440/4 | €1,595 | - | -€1,595 | |
| Taxes, remuneration and social security | 45 | €1,158 | €3,010 | +€1,852 | +160% |
| Taxes | 450/3 | €1,158 | €3,010 | +€1,852 | +160% |
| Turnover | 70 | €143,269 | €146,312 | +€3,043 | +2.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €126,752 | €133,349 | +€6,597 | +5.2% |
| Remuneration, social security and pensions | 62 | €12,789 | - | -€12,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €410 | €410 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,870 | +€3,870 | |
| Other operating charges | 640/8 | €365 | €120 | -€245 | -67.1% |
| Gross operating margin | 9900 | €16,516 | €12,964 | -€3,553 | -21.5% |
| Operating profit (loss) | 9901 | €2,953 | €8,563 | +€5,611 | +190% |
| Financial income | 75/76B | - | €25 | +€25 | |
| Recurring financial income | 75 | - | €25 | +€25 | |
| Financial charges | 65/66B | €760 | €900 | +€140 | +18.4% |
| Recurring financial charges | 65 | €760 | €900 | +€140 | +18.4% |
| Profit (loss) for the period before taxes | 9903 | €2,193 | €7,689 | +€5,496 | +251% |
| Income taxes | 67/77 | €3,744 | - | -€3,744 | |
| Profit (loss) for the period | 9904 | -€1,551 | €7,689 | +€9,240 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,551 | €7,689 | +€9,240 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.