ALBINVEST: 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.
ALBINVEST
Largest movements
- Receivables within one year +€13,356
up €13,356 (+136%), from €9,854 to €23,210
of which Trade receivables: +€11,800
- Tangible fixed assets -€1,248
down €1,248 (-11.2%), from €11,099 to €9,851
- Deferred charges and accrued income +€369
up €369 (+87.8%), from €420 to €789
- Other debts +€7,135
up €7,135 (+31.5%), from €22,642 to €29,778
- Profit (loss) carried forward +€2,694
up €2,694 (+15.1%), from -€17,792 to -€15,097
- Tax, wage and social debts +€1,807
up €1,807 (+13.7%), from €13,222 to €15,030
- Trade debts +€1,064
up €1,064 (+208%), from €512 to €1,576
- Gross operating margin -€2,266
down €2,266 (-20.2%), from €11,204 to €8,938
- Depreciation +€1,347
up €1,347 (+89.7%), from €1,501 to €2,848
- Taxes +€740
new in 2025: €740
- Financial charges +€287
up €287 (+30.7%), from €935 to €1,223
- Other operating charges +€284
up €284 (+24.7%), from €1,150 to €1,434
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.
Derived cash bridge
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 | €21,385 | €34,086 | +€12,701 | +59.4% |
| Fixed assets | 21/28 | €11,099 | €9,851 | -€1,248 | -11.2% |
| Tangible fixed assets | 22/27 | €11,099 | €9,851 | -€1,248 | -11.2% |
| Furniture and vehicles | 24 | €11,099 | €9,851 | -€1,248 | -11.2% |
| Current assets | 29/58 | €10,286 | €24,235 | +€13,949 | +136% |
| Amounts receivable within one year | 40/41 | €9,854 | €23,210 | +€13,356 | +136% |
| Trade receivables | 40 | €5,700 | €17,500 | +€11,800 | +207% |
| Other amounts receivable | 41 | €4,154 | €5,710 | +€1,556 | +37.5% |
| Cash at bank and in hand | 54/58 | €12 | €236 | +€224 | +1,887% |
| Deferred charges and accrued income | 490/1 | €420 | €789 | +€369 | +87.8% |
| Total equity and liabilities | 10/49 | €21,385 | €34,086 | +€12,701 | +59.4% |
| Equity | 10/15 | -€15,792 | -€13,097 | +€2,694 | +17.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,792 | -€15,097 | +€2,694 | +15.1% |
| Amounts payable | 17/49 | €37,177 | €47,183 | +€10,007 | +26.9% |
| Amounts payable within one year | 42/48 | €36,377 | €46,383 | +€10,007 | +27.5% |
| Trade debts | 44 | €512 | €1,576 | +€1,064 | +208% |
| Suppliers | 440/4 | €512 | €1,576 | +€1,064 | +208% |
| Taxes, remuneration and social security | 45 | €13,222 | €15,030 | +€1,807 | +13.7% |
| Taxes | 450/3 | €13,222 | €15,030 | +€1,807 | +13.7% |
| Other amounts payable | 47/48 | €22,642 | €29,778 | +€7,135 | +31.5% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,501 | €2,848 | +€1,347 | +89.7% |
| Other operating charges | 640/8 | €1,150 | €1,434 | +€284 | +24.7% |
| Gross operating margin | 9900 | €11,204 | €8,938 | -€2,266 | -20.2% |
| Operating profit (loss) | 9901 | €8,554 | €4,656 | -€3,897 | -45.6% |
| Financial charges | 65/66B | €935 | €1,223 | +€287 | +30.7% |
| Recurring financial charges | 65 | €935 | €1,223 | +€287 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €7,619 | €3,434 | -€4,185 | -54.9% |
| Income taxes | 67/77 | - | €740 | +€740 | |
| Profit (loss) for the period | 9904 | €7,619 | €2,694 | -€4,925 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,619 | €2,694 | -€4,925 | -64.6% |
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 13 October 2026 via checked.be.