ALBUS PARTNERS: 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.
ALBUS PARTNERS
Largest movements
- Cash -€174,856
down €174,856 (-61.6%), from €284,042 to €109,186
mainly Other debts (-€127,431) and Receivables within one year (-€54,564)
- Receivables within one year +€54,564
up €54,564 (+33.8%), from €161,331 to €215,895
of which Trade receivables: +€85,065
- Other debts -€127,431
down €127,431 (-72.8%), from €175,000 to €47,569
- Trade debts +€57,061
up €57,061 (+372%), from €15,345 to €72,405
- Tax, wage and social debts -€49,460
down €49,460 (-100%), from €49,460 to €0
- Gross operating margin -€363,801
down €363,801 (-74.4%), from €489,152 to €125,352
- Taxes -€106,001
down €106,001 (-86.6%), from €122,366 to €16,365
- Staff costs +€60,877
new in 2025: €60,877
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,372 | €325,541 | -€119,831 | -26.9% |
| Current assets | 29/58 | €445,372 | €325,541 | -€119,831 | -26.9% |
| Amounts receivable within one year | 40/41 | €161,331 | €215,895 | +€54,564 | +33.8% |
| Trade receivables | 40 | €103,696 | €188,761 | +€85,065 | +82.0% |
| Other amounts receivable | 41 | €57,634 | €27,134 | -€30,500 | -52.9% |
| Cash at bank and in hand | 54/58 | €284,042 | €109,186 | -€174,856 | -61.6% |
| Deferred charges and accrued income | 490/1 | - | €460 | +€460 | |
| Total equity and liabilities | 10/49 | €445,372 | €325,541 | -€119,831 | -26.9% |
| Equity | 10/15 | €205,567 | €205,567 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €193,167 | €193,167 | = | 0.0% |
| Distributable reserves | 133 | €193,167 | €193,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €239,805 | €119,974 | -€119,831 | -50.0% |
| Amounts payable within one year | 42/48 | €239,805 | €119,974 | -€119,831 | -50.0% |
| Trade debts | 44 | €15,345 | €72,405 | +€57,061 | +372% |
| Suppliers | 440/4 | €15,345 | €72,405 | +€57,061 | +372% |
| Taxes, remuneration and social security | 45 | €49,460 | €0 | -€49,460 | -100% |
| Taxes | 450/3 | €49,460 | €0 | -€49,460 | -100% |
| Other amounts payable | 47/48 | €175,000 | €47,569 | -€127,431 | -72.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €60,877 | +€60,877 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €489,152 | €125,352 | -€363,801 | -74.4% |
| Operating profit (loss) | 9901 | €488,765 | €64,075 | -€424,691 | -86.9% |
| Financial charges | 65/66B | €92 | €141 | +€49 | +53.5% |
| Recurring financial charges | 65 | €92 | €141 | +€49 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €488,673 | €63,933 | -€424,740 | -86.9% |
| Income taxes | 67/77 | €122,366 | €16,365 | -€106,001 | -86.6% |
| Profit (loss) for the period | 9904 | €366,307 | €47,569 | -€318,739 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €366,307 | €47,569 | -€318,739 | -87.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.