ALBI BENELUX: what changed
ALBI BENELUX
Largest movements
- Cash -€37,628
down €37,628 (-90.1%), from €41,767 to €4,139
mainly Net result for the year (-€35,621) and Tax, wage and social debts (-€10,137)
- Receivables within one year -€5,000
down €5,000 (-100%), from €5,000 to €0
of which Trade receivables: -€5,000
- Tangible fixed assets -€3,126
down €3,126 (-57.9%), from €5,397 to €2,271
of which Plant, machinery and equipment: -€2,700
- Profit (loss) carried forward -€35,621
down €35,621 (-61.4%), from €58,058 to €22,437
- Tax, wage and social debts -€10,137
down €10,137 (-86.6%), from €11,700 to €1,563
- Other debts +€9,582
up €9,582 (+97.4%), from €9,841 to €19,423
- Reserves -€7,142
down €7,142 (-16.0%), from €44,763 to €37,621
- Trade debts -€3,222
down €3,222 (-100%), from €3,222 to €0
- Gross operating margin -€67,197
down €67,197, from €34,540 to -€32,658
- Taxes -€11,462
down €11,462 (-99.9%), from €11,477 to €16
- Depreciation -€6,198
down €6,198 (-61.5%), from €10,083 to €3,885
- Financial charges -€5,130
down €5,130 (-95.4%), from €5,378 to €248
- Other operating charges -€375
down €375 (-17.6%), from €2,133 to €1,758
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,783 | €107,244 | -€46,539 | -30.3% |
| Fixed assets | 21/28 | €6,865 | €2,980 | -€3,885 | -56.6% |
| Intangible fixed assets | 21 | €1,467 | €709 | -€759 | -51.7% |
| Tangible fixed assets | 22/27 | €5,397 | €2,271 | -€3,126 | -57.9% |
| Plant, machinery and equipment | 23 | €4,735 | €2,036 | -€2,700 | -57.0% |
| Furniture and vehicles | 24 | €662 | €235 | -€427 | -64.5% |
| Current assets | 29/58 | €146,919 | €104,264 | -€42,654 | -29.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €0 | -€5,000 | -100% |
| Trade receivables | 40 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €41,767 | €4,139 | -€37,628 | -90.1% |
| Deferred charges and accrued income | 490/1 | €152 | €125 | -€26 | -17.4% |
| Total equity and liabilities | 10/49 | €153,783 | €107,244 | -€46,539 | -30.3% |
| Equity | 10/15 | €109,021 | €66,258 | -€42,763 | -39.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,763 | €37,621 | -€7,142 | -16.0% |
| Distributable reserves | 133 | €44,763 | €37,621 | -€7,142 | -16.0% |
| Profit (loss) carried forward | 14 | €58,058 | €22,437 | -€35,621 | -61.4% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €24,762 | €20,986 | -€3,777 | -15.3% |
| Amounts payable within one year | 42/48 | €24,762 | €20,986 | -€3,777 | -15.3% |
| Trade debts | 44 | €3,222 | €0 | -€3,222 | -100% |
| Suppliers | 440/4 | €3,222 | €0 | -€3,222 | -100% |
| Taxes, remuneration and social security | 45 | €11,700 | €1,563 | -€10,137 | -86.6% |
| Taxes | 450/3 | €11,700 | €1,563 | -€10,137 | -86.6% |
| Other amounts payable | 47/48 | €9,841 | €19,423 | +€9,582 | +97.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,083 | €3,885 | -€6,198 | -61.5% |
| Other operating charges | 640/8 | €2,133 | €1,758 | -€375 | -17.6% |
| Gross operating margin | 9900 | €34,540 | -€32,658 | -€67,197 | |
| Operating profit (loss) | 9901 | €22,324 | -€38,301 | -€60,625 | |
| Financial income | 75/76B | €3,106 | €2,944 | -€162 | -5.2% |
| Recurring financial income | 75 | €3,106 | €2,944 | -€162 | -5.2% |
| Financial charges | 65/66B | €5,378 | €248 | -€5,130 | -95.4% |
| Recurring financial charges | 65 | €5,378 | €248 | -€5,130 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | €20,051 | -€35,606 | -€55,657 | |
| Income taxes | 67/77 | €11,477 | €16 | -€11,462 | -99.9% |
| Profit (loss) for the period | 9904 | €8,574 | -€35,621 | -€44,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,574 | -€35,621 | -€44,195 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.