ALBI: what changed
Two fiscal 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.
ALBI
Largest movements
- Current investments -€51,647
down €51,647 (-58.4%), from €88,423 to €36,777
- Tangible fixed assets +€19,745
up €19,745 (+10.2%), from €193,333 to €213,078
of which Plant, machinery and equipment: +€15,121
- Other debts -€17,402
down €17,402 (-42.6%), from €40,832 to €23,430
- Reserves -€9,650
down €9,650 (-5.1%), from €190,809 to €181,159
of which Distributable reserves: -€9,650
- Debts after one year -€5,383
down €5,383 (-85.6%), from €6,290 to €906
- Gross operating margin +€2,489
up €2,489 (+25.4%), from -€9,803 to -€7,314
- Other operating charges +€540
up €540 (+95.7%), from €564 to €1,104
- Depreciation -€105
down €105 (-6.5%), from €1,606 to €1,502
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.
Cash bridge derived
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 | €306,344 | €273,938 | -€32,406 | -10.6% |
| Fixed assets | 21/28 | €193,333 | €213,078 | +€19,745 | +10.2% |
| Tangible fixed assets | 22/27 | €193,333 | €213,078 | +€19,745 | +10.2% |
| Land and buildings | 22 | €188,836 | €193,460 | +€4,624 | +2.4% |
| Plant, machinery and equipment | 23 | €4,497 | €19,618 | +€15,121 | +336.2% |
| Current assets | 29/58 | €113,011 | €60,860 | -€52,151 | -46.1% |
| Amounts receivable within one year | 40/41 | €201 | €1,687 | +€1,487 | +740.6% |
| Other amounts receivable | 41 | €201 | €1,687 | +€1,487 | +740.6% |
| Current investments | 50/53 | €88,423 | €36,777 | -€51,647 | -58.4% |
| Cash at bank and in hand | 54/58 | €22,979 | €21,261 | -€1,719 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,407 | €1,135 | -€272 | -19.3% |
| Total equity and liabilities | 10/49 | €306,344 | €273,938 | -€32,406 | -10.6% |
| Equity | 10/15 | €252,309 | €242,659 | -€9,650 | -3.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €190,809 | €181,159 | -€9,650 | -5.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €184,659 | €175,009 | -€9,650 | -5.2% |
| Amounts payable | 17/49 | €54,035 | €31,279 | -€22,756 | -42.1% |
| Amounts payable after more than one year | 17 | €6,290 | €906 | -€5,383 | -85.6% |
| Financial debts | 170/4 | €6,290 | €906 | -€5,383 | -85.6% |
| Amounts payable within one year | 42/48 | €46,240 | €28,813 | -€17,426 | -37.7% |
| Current portion of amounts payable after more than one year | 42 | €5,291 | €5,383 | +€92 | +1.7% |
| Trade debts | 44 | €116 | - | -€116 | |
| Suppliers | 440/4 | €116 | - | -€116 | |
| Other amounts payable | 47/48 | €40,832 | €23,430 | -€17,402 | -42.6% |
| Accrued charges and deferred income | 492/3 | €1,506 | €1,560 | +€54 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,606 | €1,502 | -€105 | -6.5% |
| Other operating charges | 640/8 | €564 | €1,104 | +€540 | +95.7% |
| Gross operating margin | 9900 | -€9,803 | -€7,314 | +€2,489 | +25.4% |
| Operating profit (loss) | 9901 | -€11,973 | -€9,920 | +€2,054 | +17.2% |
| Financial income | 75/76B | €673 | €644 | -€29 | -4.3% |
| Recurring financial income | 75 | €673 | €644 | -€29 | -4.3% |
| Financial charges | 65/66B | €457 | €374 | -€83 | -18.1% |
| Recurring financial charges | 65 | €457 | €374 | -€83 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,757 | -€9,650 | +€2,107 | +17.9% |
| Profit (loss) for the period | 9904 | -€11,757 | -€9,650 | +€2,107 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,757 | -€9,650 | +€2,107 | +17.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.