ALBOUW BBK: 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.
ALBOUW BBK
Largest movements
- Receivables within one year +€85,908
up €85,908 (+58.6%), from €146,597 to €232,504
of which Trade receivables: +€84,599
- Receivables after one year +€67,086
new in 2024: €67,086
- Deferred charges and accrued income -€21,415
no longer reported in 2024 (was €21,415)
- Cash -€19,923
down €19,923 (-49.4%), from €40,322 to €20,399
mainly Receivables within one year (-€85,908) and Receivables after one year (-€67,086)
- Tangible fixed assets -€12,779
down €12,779 (-49.7%), from €25,717 to €12,938
of which Leasing and similar rights: -€6,910
- Debts after one year +€65,122
up €65,122 (+139%), from €46,696 to €111,818
of which Financial debts: +€75,217
- Reserves +€40,551
up €40,551 (+47.7%), from €85,041 to €125,591
- Trade debts -€9,245
down €9,245 (-25.9%), from €35,761 to €26,516
- Short-term financial debts +€9,000
up €9,000 (+81.8%), from €11,000 to €20,000
- Current portion of long-term debt -€7,173
down €7,173 (-29.0%), from €24,762 to €17,589
- Staff costs +€16,512
up €16,512 (+18.6%), from €88,669 to €105,181
- Gross operating margin +€10,163
up €10,163 (+5.8%), from €174,015 to €184,178
- Depreciation -€4,031
down €4,031 (-23.2%), from €17,397 to €13,366
- Financial charges +€3,418
up €3,418 (+74.1%), from €4,614 to €8,032
- Other operating charges -€2,491
down €2,491 (-76.9%), from €3,239 to €748
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,586 | €339,498 | +€98,912 | +41.1% |
| Fixed assets | 21/28 | €29,375 | €17,019 | -€12,356 | -42.1% |
| Intangible fixed assets | 21 | €0 | €0 | -€0 | -66.7% |
| Tangible fixed assets | 22/27 | €25,717 | €12,938 | -€12,779 | -49.7% |
| Plant, machinery and equipment | 23 | €7,781 | €5,623 | -€2,158 | -27.7% |
| Furniture and vehicles | 24 | €4,191 | €480 | -€3,711 | -88.5% |
| Leasing and similar rights | 25 | €13,745 | €6,835 | -€6,910 | -50.3% |
| Financial fixed assets | 28 | €3,658 | €4,081 | +€423 | +11.6% |
| Current assets | 29/58 | €211,212 | €322,479 | +€111,268 | +52.7% |
| Amounts receivable after more than one year | 29 | - | €67,086 | +€67,086 | |
| Other amounts receivable | 291 | - | €67,086 | +€67,086 | |
| Stocks and contracts in progress | 3 | €2,878 | €2,490 | -€388 | -13.5% |
| Stocks | 30/36 | €2,878 | €2,490 | -€388 | -13.5% |
| Amounts receivable within one year | 40/41 | €146,597 | €232,504 | +€85,908 | +58.6% |
| Trade receivables | 40 | €146,597 | €231,195 | +€84,599 | +57.7% |
| Other amounts receivable | 41 | - | €1,309 | +€1,309 | |
| Cash at bank and in hand | 54/58 | €40,322 | €20,399 | -€19,923 | -49.4% |
| Deferred charges and accrued income | 490/1 | €21,415 | - | -€21,415 | |
| Total equity and liabilities | 10/49 | €240,586 | €339,498 | +€98,912 | +41.1% |
| Equity | 10/15 | €90,041 | €130,591 | +€40,551 | +45.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,041 | €125,591 | +€40,551 | +47.7% |
| Distributable reserves | 133 | €85,041 | €125,591 | +€40,551 | +47.7% |
| Amounts payable | 17/49 | €150,546 | €208,906 | +€58,361 | +38.8% |
| Amounts payable after more than one year | 17 | €46,696 | €111,818 | +€65,122 | +139% |
| Financial debts | 170/4 | €14,623 | €89,840 | +€75,217 | +514% |
| Other amounts payable | 178/9 | €32,073 | €21,978 | -€10,095 | -31.5% |
| Amounts payable within one year | 42/48 | €103,850 | €97,088 | -€6,761 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €24,762 | €17,589 | -€7,173 | -29.0% |
| Financial debts | 43 | €11,000 | €20,000 | +€9,000 | +81.8% |
| Credit institutions | 430/8 | €11,000 | €20,000 | +€9,000 | +81.8% |
| Trade debts | 44 | €35,761 | €26,516 | -€9,245 | -25.9% |
| Suppliers | 440/4 | €35,761 | €26,516 | -€9,245 | -25.9% |
| Taxes, remuneration and social security | 45 | €30,612 | €31,467 | +€855 | +2.8% |
| Taxes | 450/3 | €24,517 | €11,244 | -€13,273 | -54.1% |
| Remuneration and social security | 454/9 | €6,095 | €20,223 | +€14,128 | +232% |
| Other amounts payable | 47/48 | €1,715 | €1,517 | -€198 | -11.5% |
| Remuneration, social security and pensions | 62 | €88,669 | €105,181 | +€16,512 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,397 | €13,366 | -€4,031 | -23.2% |
| Other operating charges | 640/8 | €3,239 | €748 | -€2,491 | -76.9% |
| Non-recurring operating charges | 66A | - | €209 | +€209 | |
| Gross operating margin | 9900 | €174,015 | €184,178 | +€10,163 | +5.8% |
| Operating profit (loss) | 9901 | €64,710 | €64,675 | -€35 | -0.1% |
| Financial income | 75/76B | €247 | €2,599 | +€2,352 | +953% |
| Recurring financial income | 75 | €247 | €2,599 | +€2,352 | +953% |
| Financial charges | 65/66B | €4,614 | €8,032 | +€3,418 | +74.1% |
| Recurring financial charges | 65 | €4,614 | €8,032 | +€3,418 | +74.1% |
| Profit (loss) for the period before taxes | 9903 | €60,343 | €59,242 | -€1,101 | -1.8% |
| Income taxes | 67/77 | €17,971 | €18,691 | +€720 | +4.0% |
| Profit (loss) for the period | 9904 | €42,372 | €40,551 | -€1,821 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €42,372 | €40,551 | -€1,821 | -4.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.