ALBX Expertises: 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.
ALBX Expertises
Largest movements
- Receivables within one year +€173,594
up €173,594 (+74.7%), from €232,314 to €405,909
of which Other amounts receivable: +€166,558
- Cash -€155,941
down €155,941 (-65.0%), from €240,078 to €84,137
mainly Receivables within one year (-€173,594) and Contributions, distributions and other (-€40,000)
- Reserves +€21,636
up €21,636 (+4.4%), from €488,982 to €510,617
- Gross operating margin -€32,073
down €32,073 (-30.9%), from €103,685 to €71,613
- Taxes -€8,756
down €8,756 (-27.4%), from €31,908 to €23,153
- Financial income +€4,239
up €4,239 (+22.8%), from €18,595 to €22,834
- Financial charges -€2,300
down €2,300 (-34.3%), from €6,710 to €4,410
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 | €568,981 | €587,171 | +€18,189 | +3.2% |
| Fixed assets | 21/28 | €94,356 | €94,891 | +€536 | +0.6% |
| Tangible fixed assets | 22/27 | €14,446 | €14,982 | +€536 | +3.7% |
| Furniture and vehicles | 24 | €4,771 | €3,690 | -€1,081 | -22.7% |
| Other tangible fixed assets | 26 | €9,675 | €11,292 | +€1,617 | +16.7% |
| Financial fixed assets | 28 | €79,909 | €79,909 | = | 0.0% |
| Current assets | 29/58 | €474,626 | €492,279 | +€17,653 | +3.7% |
| Amounts receivable within one year | 40/41 | €232,314 | €405,909 | +€173,594 | +74.7% |
| Trade receivables | 40 | €24,012 | €31,049 | +€7,036 | +29.3% |
| Other amounts receivable | 41 | €208,302 | €374,860 | +€166,558 | +80.0% |
| Cash at bank and in hand | 54/58 | €240,078 | €84,137 | -€155,941 | -65.0% |
| Deferred charges and accrued income | 490/1 | €2,234 | €2,234 | = | 0.0% |
| Total equity and liabilities | 10/49 | €568,981 | €587,171 | +€18,189 | +3.2% |
| Equity | 10/15 | €503,242 | €524,877 | +€21,636 | +4.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €488,982 | €510,617 | +€21,636 | +4.4% |
| Distributable reserves | 133 | €488,982 | €510,617 | +€21,636 | +4.4% |
| Amounts payable | 17/49 | €65,740 | €62,294 | -€3,446 | -5.2% |
| Amounts payable within one year | 42/48 | €65,740 | €62,294 | -€3,446 | -5.2% |
| Financial debts | 43 | €7,501 | €7,646 | +€145 | +1.9% |
| Credit institutions | 430/8 | €7,501 | €7,646 | +€145 | +1.9% |
| Trade debts | 44 | €7,406 | €6,864 | -€542 | -7.3% |
| Suppliers | 440/4 | €7,406 | €6,864 | -€542 | -7.3% |
| Taxes, remuneration and social security | 45 | €10,833 | €7,784 | -€3,050 | -28.2% |
| Taxes | 450/3 | €10,833 | €7,784 | -€3,050 | -28.2% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,927 | €3,882 | +€956 | +32.6% |
| Other operating charges | 640/8 | €546 | €1,366 | +€819 | +150% |
| Gross operating margin | 9900 | €103,685 | €71,613 | -€32,073 | -30.9% |
| Operating profit (loss) | 9901 | €100,212 | €66,364 | -€33,847 | -33.8% |
| Financial income | 75/76B | €18,595 | €22,834 | +€4,239 | +22.8% |
| Recurring financial income | 75 | €18,595 | €22,834 | +€4,239 | +22.8% |
| Financial charges | 65/66B | €6,710 | €4,410 | -€2,300 | -34.3% |
| Recurring financial charges | 65 | €6,710 | €4,410 | -€2,300 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €112,097 | €84,788 | -€27,309 | -24.4% |
| Income taxes | 67/77 | €31,908 | €23,153 | -€8,756 | -27.4% |
| Profit (loss) for the period | 9904 | €80,189 | €61,636 | -€18,553 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,189 | €61,636 | -€18,553 | -23.1% |
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 16 October 2026 via checked.be.