ALBRU: 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.
ALBRU
Largest movements
- Tangible fixed assets -€7,506
down €7,506 (-4.1%), from €182,311 to €174,804
- Debts after one year -€19,476
down €19,476 (-10.0%), from €194,583 to €175,107
- Profit (loss) carried forward +€15,794
up €15,794 (+13.8%), from -€114,624 to -€98,830
- Other debts -€3,362
down €3,362 (-9.9%), from €34,050 to €30,688
- Gross operating margin +€9,030
up €9,030 (+49.7%), from €18,173 to €27,203
- Other operating charges -€2,163
down €2,163 (-80.1%), from €2,700 to €538
- Financial charges -€777
down €777 (-18.7%), from €4,147 to €3,369
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 | €182,643 | €176,561 | -€6,082 | -3.3% |
| Fixed assets | 21/28 | €182,311 | €174,804 | -€7,506 | -4.1% |
| Tangible fixed assets | 22/27 | €182,311 | €174,804 | -€7,506 | -4.1% |
| Land and buildings | 22 | €182,311 | €174,804 | -€7,506 | -4.1% |
| Current assets | 29/58 | €332 | €1,757 | +€1,424 | +428.4% |
| Cash at bank and in hand | 54/58 | €332 | €1,757 | +€1,424 | +428.4% |
| Total equity and liabilities | 10/49 | €182,643 | €176,561 | -€6,082 | -3.3% |
| Equity | 10/15 | -€64,624 | -€48,830 | +€15,794 | +24.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,624 | -€98,830 | +€15,794 | +13.8% |
| Amounts payable | 17/49 | €247,267 | €225,391 | -€21,876 | -8.8% |
| Amounts payable after more than one year | 17 | €194,583 | €175,107 | -€19,476 | -10.0% |
| Financial debts | 170/4 | €194,583 | €175,107 | -€19,476 | -10.0% |
| Amounts payable within one year | 42/48 | €52,684 | €50,285 | -€2,399 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €18,634 | €19,476 | +€843 | +4.5% |
| Trade debts | 44 | - | €120 | +€120 | |
| Suppliers | 440/4 | - | €120 | +€120 | |
| Other amounts payable | 47/48 | €34,050 | €30,688 | -€3,362 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,506 | €7,506 | = | 0.0% |
| Other operating charges | 640/8 | €2,700 | €538 | -€2,163 | -80.1% |
| Gross operating margin | 9900 | €18,173 | €27,203 | +€9,030 | +49.7% |
| Operating profit (loss) | 9901 | €7,966 | €19,159 | +€11,192 | +140.5% |
| Financial income | 75/76B | €3 | €4 | +€1 | +23.3% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +23.3% |
| Financial charges | 65/66B | €4,147 | €3,369 | -€777 | -18.7% |
| Recurring financial charges | 65 | €4,147 | €3,369 | -€777 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €3,823 | €15,794 | +€11,971 | +313.1% |
| Profit (loss) for the period | 9904 | €3,823 | €15,794 | +€11,971 | +313.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,823 | €15,794 | +€11,971 | +313.1% |
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 7 October 2026 via checked.be.