ALBIVER: 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.
ALBIVER
Largest movements
- Deferred charges and accrued income -€51,681
down €51,681 (-97.4%), from €53,057 to €1,376
- Cash +€47,611
up €47,611 (+123%), from €38,753 to €86,364
mainly Other debts (+€337,374) and Deferred charges and accrued income (+€51,681)
- Receivables within one year -€44,259
down €44,259 (-6.5%), from €683,273 to €639,014
- Tangible fixed assets -€27,161
down €27,161 (-10.7%), from €253,159 to €225,998
of which Land and buildings: -€28,898
- Other debts +€337,374
up €337,374 (+1,406%), from €24,000 to €361,374
- Reserves -€268,874
down €268,874 (-20.2%), from €1.3m to €1.1m
- Profit (loss) carried forward -€134,124
down €134,124 (-63.5%), from €211,247 to €77,123
- Financial income -€821,318
down €821,318 (-96.6%), from €850,277 to €28,959
of which Non-recurring financial income: -€837,401
- Financial charges +€102,235
up €102,235 (+126,591%), from €81 to €102,316
of which Non-recurring financial charges: +€100,000
- Taxes -€68,981
down €68,981 (-85.8%), from €80,369 to €11,388
- Gross operating margin +€6,260
up €6,260 (+8.0%), from €78,205 to €84,465
- Other operating charges -€1,747
down €1,747 (-50.5%), from €3,459 to €1,711
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 | €1,685,906 | €1,614,033 | -€71,873 | -4.3% |
| Fixed assets | 21/28 | €261,959 | €233,998 | -€27,961 | -10.7% |
| Tangible fixed assets | 22/27 | €253,159 | €225,998 | -€27,161 | -10.7% |
| Land and buildings | 22 | €224,160 | €195,262 | -€28,898 | -12.9% |
| Plant, machinery and equipment | 23 | €3,489 | €920 | -€2,569 | -73.6% |
| Furniture and vehicles | 24 | €18,260 | €22,567 | +€4,307 | +23.6% |
| Other tangible fixed assets | 26 | €7,250 | €7,250 | = | 0.0% |
| Financial fixed assets | 28 | €8,800 | €8,000 | -€800 | -9.1% |
| Current assets | 29/58 | €1,423,947 | €1,380,034 | -€43,912 | -3.1% |
| Amounts receivable within one year | 40/41 | €683,273 | €639,014 | -€44,259 | -6.5% |
| Other amounts receivable | 41 | €683,273 | €639,014 | -€44,259 | -6.5% |
| Current investments | 50/53 | €648,864 | €653,280 | +€4,416 | +0.7% |
| Cash at bank and in hand | 54/58 | €38,753 | €86,364 | +€47,611 | +123% |
| Deferred charges and accrued income | 490/1 | €53,057 | €1,376 | -€51,681 | -97.4% |
| Total equity and liabilities | 10/49 | €1,685,906 | €1,614,033 | -€71,873 | -4.3% |
| Equity | 10/15 | €1,590,157 | €1,187,159 | -€402,998 | -25.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,328,910 | €1,060,036 | -€268,874 | -20.2% |
| Distributable reserves | 133 | €1,328,910 | €1,060,036 | -€268,874 | -20.2% |
| Profit (loss) carried forward | 14 | €211,247 | €77,123 | -€134,124 | -63.5% |
| Amounts payable | 17/49 | €95,749 | €426,874 | +€331,125 | +346% |
| Amounts payable within one year | 42/48 | €95,749 | €426,874 | +€331,125 | +346% |
| Trade debts | 44 | €808 | €1,354 | +€546 | +67.5% |
| Suppliers | 440/4 | €808 | €1,354 | +€546 | +67.5% |
| Taxes, remuneration and social security | 45 | €70,940 | €64,145 | -€6,795 | -9.6% |
| Taxes | 450/3 | €69,740 | €64,145 | -€5,595 | -8.0% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €24,000 | €361,374 | +€337,374 | +1,406% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,879 | €39,633 | -€1,246 | -3.0% |
| Other operating charges | 640/8 | €3,459 | €1,711 | -€1,747 | -50.5% |
| Gross operating margin | 9900 | €78,205 | €84,465 | +€6,260 | +8.0% |
| Operating profit (loss) | 9901 | €33,867 | €43,121 | +€9,254 | +27.3% |
| Financial income | 75/76B | €850,277 | €28,959 | -€821,318 | -96.6% |
| Recurring financial income | 75 | €4,987 | €21,071 | +€16,083 | +322% |
| Non-recurring financial income | 76B | €845,290 | €7,889 | -€837,401 | -99.1% |
| Financial charges | 65/66B | €81 | €102,316 | +€102,235 | +126,591% |
| Recurring financial charges | 65 | €81 | €2,316 | +€2,235 | +2,767% |
| Non-recurring financial charges | 66B | - | €100,000 | +€100,000 | |
| Profit (loss) for the period before taxes | 9903 | €884,064 | -€30,235 | -€914,299 | |
| Income taxes | 67/77 | €80,369 | €11,388 | -€68,981 | -85.8% |
| Profit (loss) for the period | 9904 | €803,694 | -€41,624 | -€845,318 | |
| Profit (loss) for the period to be appropriated | 9905 | €803,694 | -€41,624 | -€845,318 |
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 15 October 2026 via checked.be.