Albo: 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.
Albo
Largest movements
- Receivables within one year +€66,809
up €66,809 (+48.4%), from €137,972 to €204,782
of which Trade receivables: +€67,930
- Cash +€19,202
up €19,202 (+1147.9%), from €1,673 to €20,875
mainly Net result for the year (+€58,388) and Trade debts (+€21,468)
- Tangible fixed assets +€5,484
up €5,484 (+260.9%), from €2,102 to €7,586
of which Furniture and vehicles: +€5,163
- Profit (loss) carried forward +€46,388
up €46,388 (+36.8%), from €126,150 to €172,538
- Trade debts +€21,468
new in 2022: €21,468
- Other debts +€12,030
new in 2022: €12,030
- Tax, wage and social debts +€11,610
up €11,610 (+154.0%), from €7,537 to €19,147
- Turnover -€139,809
no longer reported in 2022 (was €139,809)
- Purchases and services -€49,742
no longer reported in 2022 (was €49,742)
- Gross operating margin -€38,633
down €38,633 (-36.7%), from €105,327 to €66,694
- Taxes -€15,185
no longer reported in 2022 (was €15,185)
- Depreciation +€6,904
up €6,904 (+742.2%), from €930 to €7,834
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,747 | €233,242 | +€91,495 | +64.5% |
| Fixed assets | 21/28 | €2,102 | €7,586 | +€5,484 | +260.9% |
| Tangible fixed assets | 22/27 | €2,102 | €7,586 | +€5,484 | +260.9% |
| Plant, machinery and equipment | 23 | €1,905 | €2,226 | +€321 | +16.9% |
| Furniture and vehicles | 24 | €197 | €5,360 | +€5,163 | +2621.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €139,645 | €225,657 | +€86,011 | +61.6% |
| Amounts receivable within one year | 40/41 | €137,972 | €204,782 | +€66,809 | +48.4% |
| Trade receivables | 40 | €81,006 | €148,936 | +€67,930 | +83.9% |
| Other amounts receivable | 41 | €56,967 | €55,846 | -€1,121 | -2.0% |
| Cash at bank and in hand | 54/58 | €1,673 | €20,875 | +€19,202 | +1147.9% |
| Total equity and liabilities | 10/49 | €141,747 | €233,242 | +€91,495 | +64.5% |
| Equity | 10/15 | €134,210 | €180,598 | +€46,388 | +34.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €126,150 | €172,538 | +€46,388 | +36.8% |
| Amounts payable | 17/49 | €7,537 | €52,645 | +€45,108 | +598.5% |
| Amounts payable within one year | 42/48 | €7,537 | €52,645 | +€45,108 | +598.5% |
| Trade debts | 44 | - | €21,468 | +€21,468 | |
| Suppliers | 440/4 | - | €21,468 | +€21,468 | |
| Taxes, remuneration and social security | 45 | €7,537 | €19,147 | +€11,610 | +154.0% |
| Taxes | 450/3 | €7,537 | €19,147 | +€11,610 | +154.0% |
| Other amounts payable | 47/48 | - | €12,030 | +€12,030 | |
| Turnover | 70 | €139,809 | - | -€139,809 | |
| Goods, raw materials, services and sundry goods | 60/61 | €49,742 | - | -€49,742 | |
| Remuneration, social security and pensions | 62 | - | €11 | +€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €930 | €7,834 | +€6,904 | +742.2% |
| Other operating charges | 640/8 | €4,265 | - | -€4,265 | |
| Non-recurring operating charges | 66A | €6,750 | - | -€6,750 | |
| Gross operating margin | 9900 | €105,327 | €66,694 | -€38,633 | -36.7% |
| Operating profit (loss) | 9901 | €93,382 | €58,849 | -€34,533 | -37.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €967 | €461 | -€506 | -52.3% |
| Recurring financial charges | 65 | €967 | €461 | -€506 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €92,415 | €58,388 | -€34,027 | -36.8% |
| Income taxes | 67/77 | €15,185 | - | -€15,185 | |
| Profit (loss) for the period | 9904 | €77,230 | €58,388 | -€18,843 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,230 | €58,388 | -€18,843 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.