ALBUTECH: 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.
ALBUTECH
Largest movements
- Cash -€120,887
down €120,887 (-68.9%), from €175,488 to €54,601
mainly Other debts (-€91,939) and Stocks and contracts (-€25,260)
- Stocks and contracts +€25,260
up €25,260 (+95.7%), from €26,386 to €51,647
- Deferred charges and accrued income +€3,139
up €3,139 (+101.3%), from €3,100 to €6,239
- Receivables within one year -€2,870
down €2,870 (-7.3%), from €39,127 to €36,258
of which Trade receivables: -€11,990
- Tangible fixed assets +€2,482
up €2,482 (+80.3%), from €3,093 to €5,575
of which Plant, machinery and equipment: +€4,145
- Other debts -€91,939
down €91,939 (-74.2%), from €123,880 to €31,941
- Trade debts +€12,640
up €12,640 (+1022.7%), from €1,236 to €13,876
- Profit (loss) carried forward -€8,770
new in 2025: -€8,770
- Accrued charges and deferred income -€4,890
down €4,890 (-71.8%), from €6,806 to €1,916
- Gross operating margin -€46,771
down €46,771 (-99.4%), from €47,043 to €272
- Financial charges -€6,242
down €6,242 (-73.5%), from €8,496 to €2,254
- Taxes -€6,065
down €6,065 (-95.3%), from €6,363 to €298
- Other operating charges +€3,070
up €3,070 (+206.9%), from €1,484 to €4,554
- Depreciation +€1,162
up €1,162 (+255.9%), from €454 to €1,616
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 | €247,195 | €154,319 | -€92,876 | -37.6% |
| Fixed assets | 21/28 | €3,093 | €5,575 | +€2,482 | +80.3% |
| Tangible fixed assets | 22/27 | €3,093 | €5,575 | +€2,482 | +80.3% |
| Plant, machinery and equipment | 23 | - | €4,145 | +€4,145 | |
| Furniture and vehicles | 24 | €2,198 | €1,430 | -€768 | -34.9% |
| Other tangible fixed assets | 26 | €894 | - | -€894 | |
| Current assets | 29/58 | €244,102 | €148,744 | -€95,358 | -39.1% |
| Stocks and contracts in progress | 3 | €26,386 | €51,647 | +€25,260 | +95.7% |
| Stocks | 30/36 | €26,386 | €51,647 | +€25,260 | +95.7% |
| Amounts receivable within one year | 40/41 | €39,127 | €36,258 | -€2,870 | -7.3% |
| Trade receivables | 40 | €22,976 | €10,986 | -€11,990 | -52.2% |
| Other amounts receivable | 41 | €16,151 | €25,272 | +€9,120 | +56.5% |
| Cash at bank and in hand | 54/58 | €175,488 | €54,601 | -€120,887 | -68.9% |
| Deferred charges and accrued income | 490/1 | €3,100 | €6,239 | +€3,139 | +101.3% |
| Total equity and liabilities | 10/49 | €247,195 | €154,319 | -€92,876 | -37.6% |
| Equity | 10/15 | €113,910 | €105,139 | -€8,770 | -7.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €101,410 | €101,410 | = | 0.0% |
| Distributable reserves | 133 | €101,410 | €101,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,770 | -€8,770 | |
| Amounts payable | 17/49 | €133,285 | €49,179 | -€84,106 | -63.1% |
| Amounts payable within one year | 42/48 | €126,479 | €47,263 | -€79,216 | -62.6% |
| Trade debts | 44 | €1,236 | €13,876 | +€12,640 | +1022.7% |
| Suppliers | 440/4 | €1,236 | €13,876 | +€12,640 | +1022.7% |
| Taxes, remuneration and social security | 45 | €1,363 | €1,446 | +€82 | +6.0% |
| Taxes | 450/3 | €1,363 | €1,446 | +€82 | +6.0% |
| Other amounts payable | 47/48 | €123,880 | €31,941 | -€91,939 | -74.2% |
| Accrued charges and deferred income | 492/3 | €6,806 | €1,916 | -€4,890 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €1,616 | +€1,162 | +255.9% |
| Other operating charges | 640/8 | €1,484 | €4,554 | +€3,070 | +206.9% |
| Non-recurring operating charges | 66A | - | €894 | +€894 | |
| Gross operating margin | 9900 | €47,043 | €272 | -€46,771 | -99.4% |
| Operating profit (loss) | 9901 | €45,105 | -€6,792 | -€51,897 | |
| Financial income | 75/76B | €963 | €574 | -€389 | -40.4% |
| Recurring financial income | 75 | €963 | €574 | -€389 | -40.4% |
| Financial charges | 65/66B | €8,496 | €2,254 | -€6,242 | -73.5% |
| Recurring financial charges | 65 | €8,496 | €2,254 | -€6,242 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | €37,572 | -€8,472 | -€46,044 | |
| Income taxes | 67/77 | €6,363 | €298 | -€6,065 | -95.3% |
| Profit (loss) for the period | 9904 | €31,209 | -€8,770 | -€39,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,209 | -€8,770 | -€39,979 |
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 4 October 2026 via checked.be.