IMMO ALBAN: what changed
IMMO ALBAN
Largest movements
- Receivables within one year +€21,348
up €21,348 (+125%), from €17,049 to €38,397
of which Trade receivables: +€20,601
- Tangible fixed assets -€17,438
down €17,438 (-31.9%), from €54,692 to €37,255
- Financial fixed assets +€15,000
new in 2025: €15,000
- Cash +€11,552
up €11,552 (+228%), from €5,068 to €16,620
mainly Net result for the year (+€30,417) and Depreciation (+€17,438)
- Profit (loss) carried forward +€30,417
up €30,417 (+1,773%), from €1,716 to €32,133
- Other debts -€17,764
no longer reported in 2025 (was €17,764)
- Tax, wage and social debts +€10,348
up €10,348 (+149%), from €6,929 to €17,277
of which Remuneration and social security: +€6,679
- Trade debts +€5,306
new in 2025: €5,306
- Debts after one year +€2,425
up €2,425 (+10.2%), from €23,656 to €26,080
- Turnover +€189,863
up €189,863 (+378%), from €50,290 to €240,153
- Purchases and services +€117,865
up €117,865 (+381%), from €30,941 to €148,806
- Gross operating margin +€71,998
up €71,998 (+372%), from €19,349 to €91,346
- Staff costs +€21,151
new in 2025: €21,151
- Financial income -€16,664
down €16,664 (-99.8%), from €16,700 to €36
of which Non-recurring financial income: -€16,700
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,809 | €107,272 | +€30,462 | +39.7% |
| Fixed assets | 21/28 | €54,692 | €52,255 | -€2,438 | -4.5% |
| Tangible fixed assets | 22/27 | €54,692 | €37,255 | -€17,438 | -31.9% |
| Furniture and vehicles | 24 | €54,692 | €37,255 | -€17,438 | -31.9% |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €22,117 | €55,017 | +€32,900 | +149% |
| Amounts receivable within one year | 40/41 | €17,049 | €38,397 | +€21,348 | +125% |
| Trade receivables | 40 | €12,190 | €32,791 | +€20,601 | +169% |
| Other amounts receivable | 41 | €4,859 | €5,607 | +€747 | +15.4% |
| Cash at bank and in hand | 54/58 | €5,068 | €16,620 | +€11,552 | +228% |
| Total equity and liabilities | 10/49 | €76,809 | €107,272 | +€30,462 | +39.7% |
| Equity | 10/15 | €22,176 | €52,593 | +€30,417 | +137% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,716 | €32,133 | +€30,417 | +1,773% |
| Amounts payable | 17/49 | €54,634 | €54,679 | +€45 | +0.1% |
| Amounts payable after more than one year | 17 | €23,656 | €26,080 | +€2,425 | +10.2% |
| Financial debts | 170/4 | €23,656 | €26,080 | +€2,425 | +10.2% |
| Amounts payable within one year | 42/48 | €30,978 | €28,599 | -€2,379 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €6,285 | €6,015 | -€269 | -4.3% |
| Trade debts | 44 | - | €5,306 | +€5,306 | |
| Suppliers | 440/4 | - | €5,306 | +€5,306 | |
| Taxes, remuneration and social security | 45 | €6,929 | €17,277 | +€10,348 | +149% |
| Taxes | 450/3 | €6,929 | €10,598 | +€3,669 | +52.9% |
| Remuneration and social security | 454/9 | - | €6,679 | +€6,679 | |
| Other amounts payable | 47/48 | €17,764 | - | -€17,764 | |
| Turnover | 70 | €50,290 | €240,153 | +€189,863 | +378% |
| Goods, raw materials, services and sundry goods | 60/61 | €30,941 | €148,806 | +€117,865 | +381% |
| Remuneration, social security and pensions | 62 | - | €21,151 | +€21,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,558 | €17,438 | +€12,880 | +283% |
| Other operating charges | 640/8 | €6,091 | €19,693 | +€13,602 | +223% |
| Gross operating margin | 9900 | €19,349 | €91,346 | +€71,998 | +372% |
| Operating profit (loss) | 9901 | €8,700 | €33,065 | +€24,365 | +280% |
| Financial income | 75/76B | €16,700 | €36 | -€16,664 | -99.8% |
| Recurring financial income | 75 | €16,700 | €36 | -€16,664 | -99.8% |
| Non-recurring financial income | 76B | €16,700 | - | -€16,700 | |
| Financial charges | 65/66B | €15,702 | €2,685 | -€13,017 | -82.9% |
| Recurring financial charges | 65 | €1,384 | €1,139 | -€245 | -17.7% |
| Non-recurring financial charges | 66B | €14,318 | €1,546 | -€12,772 | -89.2% |
| Profit (loss) for the period before taxes | 9903 | €9,698 | €30,417 | +€20,719 | +214% |
| Income taxes | 67/77 | €8,524 | - | -€8,524 | |
| Profit (loss) for the period | 9904 | €1,174 | €30,417 | +€29,243 | +2,490% |
| Profit (loss) for the period to be appropriated | 9905 | €1,174 | €30,417 | +€29,243 | +2,490% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.