ALBIMO: 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.
ALBIMO
Largest movements
- Current investments +€94,176
up €94,176 (+15.5%), from €606,951 to €701,127
- Cash -€63,589
down €63,589 (-56.2%), from €113,056 to €49,467
mainly Current investments (-€94,176) and Investment in fixed assets (net) (-€16,918)
- Reserves +€45,264
up €45,264 (+3.5%), from €1.3m to €1.3m
of which Distributable reserves: +€45,264
- Financial income -€23,318
down €23,318 (-41.4%), from €56,264 to €32,946
- Gross operating margin -€21,263
down €21,263 (-24.5%), from €86,930 to €65,667
- Taxes -€19,531
down €19,531 (-48.6%), from €40,213 to €20,682
- Other operating charges +€1,811
up €1,811 (+13.4%), from €13,479 to €15,290
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 | €1,953,689 | €2,001,716 | +€48,027 | +2.5% |
| Fixed assets | 21/28 | €1,177,554 | €1,178,718 | +€1,164 | +0.1% |
| Tangible fixed assets | 22/27 | €1,177,554 | €1,178,718 | +€1,164 | +0.1% |
| Land and buildings | 22 | €1,177,554 | €1,178,718 | +€1,164 | +0.1% |
| Current assets | 29/58 | €776,135 | €822,998 | +€46,863 | +6.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €52,903 | €60,028 | +€7,125 | +13.5% |
| Trade receivables | 40 | €51,203 | €51,203 | = | 0.0% |
| Other amounts receivable | 41 | €1,700 | €8,826 | +€7,125 | +419.0% |
| Current investments | 50/53 | €606,951 | €701,127 | +€94,176 | +15.5% |
| Cash at bank and in hand | 54/58 | €113,056 | €49,467 | -€63,589 | -56.2% |
| Deferred charges and accrued income | 490/1 | €3,225 | €12,375 | +€9,150 | +283.7% |
| Total equity and liabilities | 10/49 | €1,953,689 | €2,001,716 | +€48,027 | +2.5% |
| Equity | 10/15 | €1,928,959 | €1,974,223 | +€45,264 | +2.3% |
| Contributions | 10/11 | €630,000 | €630,000 | = | 0.0% |
| Capital | 10 | €630,000 | €630,000 | = | 0.0% |
| Issued capital | 100 | €630,000 | €630,000 | = | 0.0% |
| Reserves | 13 | €1,298,959 | €1,344,223 | +€45,264 | +3.5% |
| Non-distributable reserves | 130/1 | €63,000 | €63,000 | = | 0.0% |
| Legal reserve | 130 | €63,000 | €63,000 | = | 0.0% |
| Distributable reserves | 133 | €1,235,959 | €1,281,223 | +€45,264 | +3.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,730 | €27,493 | +€2,763 | +11.2% |
| Amounts payable within one year | 42/48 | €24,730 | €27,493 | +€2,763 | +11.2% |
| Trade debts | 44 | €1,377 | €2,339 | +€962 | +69.8% |
| Suppliers | 440/4 | €1,377 | €2,339 | +€962 | +69.8% |
| Taxes, remuneration and social security | 45 | €23,352 | €25,154 | +€1,801 | +7.7% |
| Taxes | 450/3 | €23,352 | €25,154 | +€1,801 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,936 | €15,754 | +€818 | +5.5% |
| Other operating charges | 640/8 | €13,479 | €15,290 | +€1,811 | +13.4% |
| Gross operating margin | 9900 | €86,930 | €65,667 | -€21,263 | -24.5% |
| Operating profit (loss) | 9901 | €58,516 | €34,623 | -€23,892 | -40.8% |
| Financial income | 75/76B | €56,264 | €32,946 | -€23,318 | -41.4% |
| Recurring financial income | 75 | €56,264 | €32,946 | -€23,318 | -41.4% |
| Financial charges | 65/66B | €1,059 | €1,623 | +€564 | +53.3% |
| Recurring financial charges | 65 | €1,059 | €1,623 | +€564 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | €113,721 | €65,946 | -€47,774 | -42.0% |
| Income taxes | 67/77 | €40,213 | €20,682 | -€19,531 | -48.6% |
| Profit (loss) for the period | 9904 | €73,508 | €45,264 | -€28,244 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,508 | €45,264 | -€28,244 | -38.4% |
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 11 October 2026 via checked.be.