ALBIM: 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.
ALBIM
Largest movements
- Tangible fixed assets -€21,149
down €21,149 (-13.1%), from €161,051 to €139,902
of which Furniture and vehicles: -€17,681
- Receivables within one year -€6,188
down €6,188 (-53.4%), from €11,583 to €5,395
of which Other amounts receivable: -€5,809
- Cash +€3,039
up €3,039 (+27.5%), from €11,063 to €14,102
mainly Depreciation (+€22,794) and Other debts (+€20,494)
- Other debts +€20,494
up €20,494 (+25.0%), from €82,111 to €102,605
- Reserves -€16,203
down €16,203 (-42.9%), from €37,776 to €21,574
- Current portion of long-term debt -€14,393
down €14,393 (-66.8%), from €21,537 to €7,144
- Debts after one year -€7,144
no longer reported in 2025 (was €7,144)
- Trade debts -€5,790
down €5,790 (-59.2%), from €9,784 to €3,994
- Gross operating margin +€8,924
up €8,924 (+224.2%), from €3,980 to €12,904
- Other operating charges -€1,009
down €1,009 (-17.6%), from €5,736 to €4,727
- Write-downs -€587
no longer reported in 2025 (was €587)
- Financial charges +€196
up €196 (+22.1%), from €886 to €1,082
- Financial income +€149
up €149 (+106.8%), from €140 to €289
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 | €191,303 | €166,848 | -€24,455 | -12.8% |
| Fixed assets | 21/28 | €161,051 | €139,902 | -€21,149 | -13.1% |
| Tangible fixed assets | 22/27 | €161,051 | €139,902 | -€21,149 | -13.1% |
| Land and buildings | 22 | €36,526 | €31,433 | -€5,094 | -13.9% |
| Plant, machinery and equipment | 23 | - | €1,626 | +€1,626 | |
| Furniture and vehicles | 24 | €124,525 | €106,844 | -€17,681 | -14.2% |
| Current assets | 29/58 | €30,251 | €26,945 | -€3,306 | -10.9% |
| Stocks and contracts in progress | 3 | €4,170 | €3,417 | -€754 | -18.1% |
| Stocks | 30/36 | €4,170 | €3,417 | -€754 | -18.1% |
| Amounts receivable within one year | 40/41 | €11,583 | €5,395 | -€6,188 | -53.4% |
| Trade receivables | 40 | €1,944 | €1,565 | -€379 | -19.5% |
| Other amounts receivable | 41 | €9,639 | €3,830 | -€5,809 | -60.3% |
| Cash at bank and in hand | 54/58 | €11,063 | €14,102 | +€3,039 | +27.5% |
| Deferred charges and accrued income | 490/1 | €3,436 | €4,032 | +€596 | +17.4% |
| Total equity and liabilities | 10/49 | €191,303 | €166,848 | -€24,455 | -12.8% |
| Equity | 10/15 | €56,376 | €40,174 | -€16,203 | -28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,776 | €21,574 | -€16,203 | -42.9% |
| Distributable reserves | 133 | €37,776 | €21,574 | -€16,203 | -42.9% |
| Amounts payable | 17/49 | €134,926 | €126,674 | -€8,252 | -6.1% |
| Amounts payable after more than one year | 17 | €7,144 | - | -€7,144 | |
| Financial debts | 170/4 | €7,144 | - | -€7,144 | |
| Amounts payable within one year | 42/48 | €119,701 | €118,401 | -€1,299 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €21,537 | €7,144 | -€14,393 | -66.8% |
| Trade debts | 44 | €9,784 | €3,994 | -€5,790 | -59.2% |
| Suppliers | 440/4 | €9,784 | €3,994 | -€5,790 | -59.2% |
| Taxes, remuneration and social security | 45 | €6,268 | €4,659 | -€1,609 | -25.7% |
| Taxes | 450/3 | €6,268 | €4,659 | -€1,609 | -25.7% |
| Other amounts payable | 47/48 | €82,111 | €102,605 | +€20,494 | +25.0% |
| Accrued charges and deferred income | 492/3 | €8,082 | €8,273 | +€191 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,774 | €22,794 | +€20 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €587 | - | -€587 | |
| Other operating charges | 640/8 | €5,736 | €4,727 | -€1,009 | -17.6% |
| Gross operating margin | 9900 | €3,980 | €12,904 | +€8,924 | +224.2% |
| Operating profit (loss) | 9901 | -€25,118 | -€14,617 | +€10,501 | +41.8% |
| Financial income | 75/76B | €140 | €289 | +€149 | +106.8% |
| Recurring financial income | 75 | €140 | €289 | +€149 | +106.8% |
| Financial charges | 65/66B | €886 | €1,082 | +€196 | +22.1% |
| Recurring financial charges | 65 | €886 | €1,082 | +€196 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,864 | -€15,410 | +€10,454 | +40.4% |
| Income taxes | 67/77 | €877 | €793 | -€85 | -9.6% |
| Profit (loss) for the period | 9904 | -€26,741 | -€16,203 | +€10,539 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,741 | -€16,203 | +€10,539 | +39.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.