ALBVH MANAGEMENT: 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.
ALBVH MANAGEMENT
Largest movements
- Receivables within one year +€7,622
up €7,622 (+856%), from €890 to €8,512
of which Trade receivables: +€7,747
- Cash -€2,278
down €2,278 (-75.7%), from €3,011 to €732
mainly Receivables within one year (-€7,622) and Net result for the year (-€4,796)
- Tangible fixed assets -€668
down €668 (-21.1%), from €3,167 to €2,500
- Tax, wage and social debts +€6,500
up €6,500 (+307%), from €2,119 to €8,619
- Profit (loss) carried forward -€4,796
down €4,796 (-200%), from -€2,396 to -€7,193
- Trade debts +€1,810
up €1,810 (+319%), from €568 to €2,378
- Other debts +€1,162
up €1,162 (+54.0%), from €2,153 to €3,314
- Gross operating margin -€3,054
down €3,054 (-546%), from -€560 to -€3,614
- Depreciation +€496
up €496 (+289%), from €172 to €668
- Financial charges +€223
up €223 (+498%), from €45 to €267
- Other operating charges -€137
down €137 (-35.8%), from €384 to €247
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 | €7,443 | €12,119 | +€4,676 | +62.8% |
| Fixed assets | 21/28 | €3,542 | €2,875 | -€668 | -18.9% |
| Tangible fixed assets | 22/27 | €3,167 | €2,500 | -€668 | -21.1% |
| Furniture and vehicles | 24 | €3,167 | €2,500 | -€668 | -21.1% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €3,901 | €9,244 | +€5,344 | +137% |
| Amounts receivable within one year | 40/41 | €890 | €8,512 | +€7,622 | +856% |
| Trade receivables | 40 | €765 | €8,512 | +€7,747 | +1,013% |
| Other amounts receivable | 41 | €125 | €0 | -€125 | -100% |
| Cash at bank and in hand | 54/58 | €3,011 | €732 | -€2,278 | -75.7% |
| Total equity and liabilities | 10/49 | €7,443 | €12,119 | +€4,676 | +62.8% |
| Equity | 10/15 | €2,604 | -€2,193 | -€4,796 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,396 | -€7,193 | -€4,796 | -200% |
| Amounts payable | 17/49 | €4,839 | €14,311 | +€9,472 | +196% |
| Amounts payable within one year | 42/48 | €4,839 | €14,311 | +€9,472 | +196% |
| Trade debts | 44 | €568 | €2,378 | +€1,810 | +319% |
| Suppliers | 440/4 | €568 | €2,378 | +€1,810 | +319% |
| Taxes, remuneration and social security | 45 | €2,119 | €8,619 | +€6,500 | +307% |
| Taxes | 450/3 | €2,119 | €8,619 | +€6,500 | +307% |
| Other amounts payable | 47/48 | €2,153 | €3,314 | +€1,162 | +54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172 | €668 | +€496 | +289% |
| Other operating charges | 640/8 | €384 | €247 | -€137 | -35.8% |
| Gross operating margin | 9900 | -€560 | -€3,614 | -€3,054 | -546% |
| Operating profit (loss) | 9901 | -€1,116 | -€4,529 | -€3,413 | -306% |
| Financial charges | 65/66B | €45 | €267 | +€223 | +498% |
| Recurring financial charges | 65 | €45 | €267 | +€223 | +498% |
| Profit (loss) for the period before taxes | 9903 | -€1,160 | -€4,796 | -€3,636 | -313% |
| Profit (loss) for the period | 9904 | -€1,160 | -€4,796 | -€3,636 | -313% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,160 | -€4,796 | -€3,636 | -313% |
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 18 October 2026 via checked.be.