ALBiDENT: 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.
ALBiDENT
Largest movements
- Tangible fixed assets +€205,599
up €205,599 (+19.6%), from €1.0m to €1.3m
- Current investments +€93,065
up €93,065 (+34.7%), from €268,460 to €361,525
- Reserves +€194,874
up €194,874 (+51.9%), from €375,458 to €570,332
- Debts after one year +€189,691
up €189,691 (+22.6%), from €840,987 to €1.0m
- Other debts -€65,645
down €65,645 (-72.5%), from €90,516 to €24,871
- Tax, wage and social debts -€17,178
down €17,178 (-43.2%), from €39,777 to €22,599
of which Taxes: -€24,863
- Gross operating margin +€120,826
up €120,826 (+38.9%), from €310,598 to €431,424
- Depreciation +€44,598
up €44,598 (+156.7%), from €28,467 to €73,065
- Financial charges +€19,468
up €19,468 (+122.1%), from €15,946 to €35,414
- Staff costs +€14,818
up €14,818 (+52.1%), from €28,436 to €43,254
- Taxes +€10,303
up €10,303 (+13.9%), from €74,319 to €84,622
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 | €1,356,975 | €1,671,862 | +€314,887 | +23.2% |
| Fixed assets | 21/28 | €1,052,414 | €1,257,662 | +€205,249 | +19.5% |
| Intangible fixed assets | 21 | €3,383 | €3,033 | -€350 | -10.3% |
| Tangible fixed assets | 22/27 | €1,049,030 | €1,254,629 | +€205,599 | +19.6% |
| Land and buildings | 22 | €1,002,881 | €1,052,441 | +€49,560 | +4.9% |
| Plant, machinery and equipment | 23 | €35,151 | €124,028 | +€88,877 | +252.8% |
| Furniture and vehicles | 24 | €10,999 | €78,160 | +€67,161 | +610.6% |
| Current assets | 29/58 | €304,562 | €414,200 | +€109,639 | +36.0% |
| Current investments | 50/53 | €268,460 | €361,525 | +€93,065 | +34.7% |
| Cash at bank and in hand | 54/58 | €36,102 | €36,474 | +€372 | +1.0% |
| Deferred charges and accrued income | 490/1 | - | €16,201 | +€16,201 | |
| Total equity and liabilities | 10/49 | €1,356,975 | €1,671,862 | +€314,887 | +23.2% |
| Equity | 10/15 | €376,958 | €571,832 | +€194,874 | +51.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €375,458 | €570,332 | +€194,874 | +51.9% |
| Distributable reserves | 133 | €375,458 | €570,332 | +€194,874 | +51.9% |
| Amounts payable | 17/49 | €980,018 | €1,100,030 | +€120,013 | +12.2% |
| Amounts payable after more than one year | 17 | €840,987 | €1,030,679 | +€189,691 | +22.6% |
| Financial debts | 170/4 | €840,987 | €1,030,679 | +€189,691 | +22.6% |
| Amounts payable within one year | 42/48 | €139,030 | €69,193 | -€69,837 | -50.2% |
| Current portion of amounts payable after more than one year | 42 | €3,615 | €18,043 | +€14,428 | +399.1% |
| Trade debts | 44 | €5,123 | €3,680 | -€1,443 | -28.2% |
| Suppliers | 440/4 | €5,123 | €3,680 | -€1,443 | -28.2% |
| Taxes, remuneration and social security | 45 | €39,777 | €22,599 | -€17,178 | -43.2% |
| Taxes | 450/3 | €38,790 | €13,928 | -€24,863 | -64.1% |
| Remuneration and social security | 454/9 | €987 | €8,672 | +€7,685 | +778.9% |
| Other amounts payable | 47/48 | €90,516 | €24,871 | -€65,645 | -72.5% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Remuneration, social security and pensions | 62 | €28,436 | €43,254 | +€14,818 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,467 | €73,065 | +€44,598 | +156.7% |
| Other operating charges | 640/8 | €6,358 | €7,099 | +€740 | +11.6% |
| Non-recurring operating charges | 66A | - | €119 | +€119 | |
| Gross operating margin | 9900 | €310,598 | €431,424 | +€120,826 | +38.9% |
| Operating profit (loss) | 9901 | €247,337 | €307,887 | +€60,550 | +24.5% |
| Financial income | 75/76B | €1,763 | €7,024 | +€5,261 | +298.3% |
| Recurring financial income | 75 | €1,763 | €7,024 | +€5,261 | +298.3% |
| Financial charges | 65/66B | €15,946 | €35,414 | +€19,468 | +122.1% |
| Recurring financial charges | 65 | €15,946 | €35,414 | +€19,468 | +122.1% |
| Profit (loss) for the period before taxes | 9903 | €233,154 | €279,497 | +€46,342 | +19.9% |
| Income taxes | 67/77 | €74,319 | €84,622 | +€10,303 | +13.9% |
| Profit (loss) for the period | 9904 | €158,835 | €194,874 | +€36,039 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €158,835 | €194,874 | +€36,039 | +22.7% |
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 10 October 2026 via checked.be.