ALBRIMA HOLDING: 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.
What changed
ALBRIMA HOLDING
NACE 68.321, Property management for co-owned buildings (syndics)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€41,215
2024 · €20,646+€20,569
Equity
€209,795
2024 · €168,580+€41,215
Cash
€17,029
2024 · €13,847+€3,182
Balance sheet total
€926,483
2024 · €715,376+€211,107
Largest movements
Assets
- Tangible fixed assets +€193,860
up €193,860 (+28.2%), from €688,534 to €882,394
of which Land and buildings: +€145,368
Equity and liabilities
- Debts after one year +€148,910
up €148,910 (+35.7%), from €417,424 to €566,335
- Reserves +€41,215
up €41,215 (+31.1%), from €132,506 to €173,722
of which Distributable reserves: +€43,075
- Current portion of long-term debt +€17,594
up €17,594 (+38.4%), from €45,781 to €63,375
Income statement
- Gross operating margin +€20,892
up €20,892 (+24.9%), from €83,750 to €104,642
- Taxes +€3,016
up €3,016 (+29.8%), from €10,104 to €13,120
- Depreciation -€2,923
down €2,923 (-7.4%), from €39,310 to €36,388
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.
Result 2024
€20,646
Gross operating margin
+€20,892
Depreciation
+€2,923
Other operating charges
-€85
Financial income
+€569
Financial charges
-€714
Taxes
-€3,016
Result 2025
€41,215
raises the resultlowers the result
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.
From operations
+€65,063
Investment
-€230,248
Financing
+€168,367
Cash 2024
€13,847
From operations (derived)
+€65,063
Net result for the year
+€41,215
Depreciation
+€36,388
Receivables within one year
-€7,634
Deferred charges and accrued income
-€6,431
Trade debts
-€82
Tax, wage and social debts
-€2,078
Other debts
+€2,441
Accrued charges and deferred income
+€1,243
Investment (derived)
-€230,248
Investment in fixed assets (net)
-€230,248
Financing
+€168,367
Debts after one year
+€148,910
Current portion of long-term debt
+€17,594
Short-term financial debts
+€1,863
Cash 2025
€17,029
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €715,376 | €926,483 | +€211,107 | +29.5% |
| Fixed assets | 21/28 | €688,534 | €882,394 | +€193,860 | +28.2% |
| Tangible fixed assets | 22/27 | €688,534 | €882,394 | +€193,860 | +28.2% |
| Land and buildings | 22 | €683,547 | €828,915 | +€145,368 | +21.3% |
| Plant, machinery and equipment | 23 | €4,987 | €53,480 | +€48,493 | +972% |
| Current assets | 29/58 | €26,842 | €44,089 | +€17,247 | +64.3% |
| Amounts receivable within one year | 40/41 | €11,304 | €18,938 | +€7,634 | +67.5% |
| Other amounts receivable | 41 | €11,304 | €18,938 | +€7,634 | +67.5% |
| Cash at bank and in hand | 54/58 | €13,847 | €17,029 | +€3,182 | +23.0% |
| Deferred charges and accrued income | 490/1 | €1,691 | €8,122 | +€6,431 | +380% |
| Total equity and liabilities | 10/49 | €715,376 | €926,483 | +€211,107 | +29.5% |
| Equity | 10/15 | €168,580 | €209,795 | +€41,215 | +24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,506 | €173,722 | +€41,215 | +31.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €130,646 | €173,722 | +€43,075 | +33.0% |
| Profit (loss) carried forward | 14 | €17,473 | €17,473 | = | 0.0% |
| Amounts payable | 17/49 | €546,796 | €716,688 | +€169,892 | +31.1% |
| Amounts payable after more than one year | 17 | €417,424 | €566,335 | +€148,910 | +35.7% |
| Financial debts | 170/4 | €417,424 | €566,335 | +€148,910 | +35.7% |
| Amounts payable within one year | 42/48 | €129,349 | €149,087 | +€19,738 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €45,781 | €63,375 | +€17,594 | +38.4% |
| Financial debts | 43 | €2,540 | €4,402 | +€1,863 | +73.3% |
| Credit institutions | 430/8 | €2,540 | €4,402 | +€1,863 | +73.3% |
| Trade debts | 44 | €3,263 | €3,181 | -€82 | -2.5% |
| Suppliers | 440/4 | €3,263 | €3,181 | -€82 | -2.5% |
| Taxes, remuneration and social security | 45 | €13,945 | €11,867 | -€2,078 | -14.9% |
| Taxes | 450/3 | €11,056 | €8,794 | -€2,262 | -20.5% |
| Remuneration and social security | 454/9 | €2,889 | €3,074 | +€184 | +6.4% |
| Other amounts payable | 47/48 | €63,820 | €66,261 | +€2,441 | +3.8% |
| Accrued charges and deferred income | 492/3 | €23 | €1,266 | +€1,243 | +5,368% |
| Non-recurring operating income | 76A | - | €26,488 | +€26,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,310 | €36,388 | -€2,923 | -7.4% |
| Other operating charges | 640/8 | €5,476 | €5,562 | +€85 | +1.6% |
| Gross operating margin | 9900 | €83,750 | €104,642 | +€20,892 | +24.9% |
| Operating profit (loss) | 9901 | €38,964 | €62,692 | +€23,729 | +60.9% |
| Financial income | 75/76B | €214 | €783 | +€569 | +266% |
| Recurring financial income | 75 | €214 | €783 | +€569 | +266% |
| Financial charges | 65/66B | €8,427 | €9,140 | +€714 | +8.5% |
| Recurring financial charges | 65 | €8,427 | €9,140 | +€714 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €30,750 | €54,335 | +€23,585 | +76.7% |
| Income taxes | 67/77 | €10,104 | €13,120 | +€3,016 | +29.8% |
| Profit (loss) for the period | 9904 | €20,646 | €41,215 | +€20,569 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,646 | €41,215 | +€20,569 | +99.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.