ALBRIAN: what changed
Two fiscal 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.
ALBRIAN
Largest movements
- Tangible fixed assets +€273,777
up €273,777 (+2714.7%), from €10,085 to €283,862
of which Land and buildings: +€275,900
- Cash -€33,286
down €33,286 (-72.3%), from €46,063 to €12,776
mainly Investment in fixed assets (net) (-€279,000) and Receivables within one year (-€2,433)
- Debts after one year +€232,889
new in 2025: €232,889
- Current portion of long-term debt +€12,911
new in 2025: €12,911
- Other operating charges +€41,567
new in 2025: €41,567
- Gross operating margin +€20,288
up €20,288 (+74.9%), from €27,087 to €47,375
- Taxes -€5,664
down €5,664 (-88.7%), from €6,382 to €718
- Depreciation +€4,692
up €4,692 (+884.0%), from €531 to €5,223
- Financial charges +€3,636
up €3,636 (+1694.8%), from €215 to €3,850
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 | €86,433 | €330,145 | +€243,713 | +282.0% |
| Fixed assets | 21/28 | €10,085 | €283,862 | +€273,777 | +2714.7% |
| Tangible fixed assets | 22/27 | €10,085 | €283,862 | +€273,777 | +2714.7% |
| Land and buildings | 22 | - | €275,900 | +€275,900 | |
| Furniture and vehicles | 24 | €10,085 | €7,962 | -€2,123 | -21.1% |
| Current assets | 29/58 | €76,348 | €46,283 | -€30,064 | -39.4% |
| Amounts receivable within one year | 40/41 | €30,285 | €32,718 | +€2,433 | +8.0% |
| Trade receivables | 40 | €600 | €0 | -€600 | -100.0% |
| Other amounts receivable | 41 | €29,685 | €32,718 | +€3,033 | +10.2% |
| Cash at bank and in hand | 54/58 | €46,063 | €12,776 | -€33,286 | -72.3% |
| Deferred charges and accrued income | 490/1 | - | €789 | +€789 | |
| Total equity and liabilities | 10/49 | €86,433 | €330,145 | +€243,713 | +282.0% |
| Equity | 10/15 | €73,527 | €71,353 | -€2,174 | -3.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,527 | €68,353 | -€2,174 | -3.1% |
| Amounts payable | 17/49 | €12,906 | €258,792 | +€245,887 | +1905.2% |
| Amounts payable after more than one year | 17 | - | €232,889 | +€232,889 | |
| Financial debts | 170/4 | - | €232,889 | +€232,889 | |
| Amounts payable within one year | 42/48 | €12,906 | €25,904 | +€12,998 | +100.7% |
| Current portion of amounts payable after more than one year | 42 | - | €12,911 | +€12,911 | |
| Trade debts | 44 | €4,134 | €3,156 | -€978 | -23.7% |
| Suppliers | 440/4 | €4,134 | €3,156 | -€978 | -23.7% |
| Taxes, remuneration and social security | 45 | €8,772 | €9,837 | +€1,065 | +12.1% |
| Taxes | 450/3 | €8,772 | €9,664 | +€892 | +10.2% |
| Remuneration and social security | 454/9 | - | €173 | +€173 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531 | €5,223 | +€4,692 | +884.0% |
| Other operating charges | 640/8 | - | €41,567 | +€41,567 | |
| Gross operating margin | 9900 | €27,087 | €47,375 | +€20,288 | +74.9% |
| Operating profit (loss) | 9901 | €26,556 | €585 | -€25,971 | -97.8% |
| Financial income | 75/76B | €483 | €1,810 | +€1,327 | +274.5% |
| Recurring financial income | 75 | €483 | €1,810 | +€1,327 | +274.5% |
| Financial charges | 65/66B | €215 | €3,850 | +€3,636 | +1694.8% |
| Recurring financial charges | 65 | €215 | €3,850 | +€3,636 | +1694.8% |
| Profit (loss) for the period before taxes | 9903 | €26,825 | -€1,456 | -€28,280 | |
| Income taxes | 67/77 | €6,382 | €718 | -€5,664 | -88.7% |
| Profit (loss) for the period | 9904 | €20,442 | -€2,174 | -€22,616 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,442 | -€2,174 | -€22,616 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.