ALBECON: what changed
What changed
ALBECON
NACE 25.530, Machining of metals
filed annual accounts (NBB)
Net result for the year
€31,716
2024 · €50,751-€19,035
Equity
€392,339
2024 · €360,623+€31,716
Cash
€57,921
2024 · €16,463+€41,458
Balance sheet total
€721,777
2024 · €628,044+€93,733
Largest movements
Assets
- Cash +€41,458
up €41,458 (+252%), from €16,463 to €57,921
mainly Trade debts (+€63,582) and Net result for the year (+€31,716)
- Receivables within one year +€26,428
up €26,428 (+19.0%), from €139,007 to €165,435
of which Trade receivables: +€19,868
- Tangible fixed assets +€17,826
up €17,826 (+4.1%), from €438,354 to €456,179
of which Plant, machinery and equipment: +€26,313
Equity and liabilities
- Trade debts +€63,582
up €63,582 (+88.1%), from €72,208 to €135,790
- Reserves +€31,716
up €31,716 (+23.7%), from €134,061 to €165,777
of which Distributable reserves: +€33,591
- Short-term financial debts +€15,000
up €15,000 (+20.0%), from €75,000 to €90,000
- Tax, wage and social debts -€14,306
down €14,306 (-41.5%), from €34,506 to €20,200
of which Taxes: -€8,415
- Debts after one year -€10,541
down €10,541 (-17.6%), from €59,772 to €49,231
Income statement
- Staff costs +€23,650
up €23,650 (+25.5%), from €92,594 to €116,244
- Taxes -€5,854
down €5,854 (-44.1%), from €13,275 to €7,422
- Depreciation +€2,591
up €2,591 (+28.6%), from €9,051 to €11,641
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.
Result 2024
€50,751
Gross operating margin
+€522
Staff costs
-€23,650
Depreciation
-€2,591
Other operating charges
-€260
Financial income
+€280
Financial charges
+€811
Taxes
+€5,854
Result 2025
€31,716
raises the resultlowers the result
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.
From operations
+€59,819
Investment
-€29,467
Financing
+€11,106
Cash 2024
€16,463
From operations (derived)
+€59,819
Net result for the year
+€31,716
Depreciation
+€11,641
Stocks and contracts
-€7,005
Receivables within one year
-€26,428
Deferred charges and accrued income
-€1,016
Trade debts
+€63,582
Tax, wage and social debts
-€14,306
Other debts
-€687
Accrued charges and deferred income
+€2,321
Investment (derived)
-€29,467
Investment in fixed assets (net)
-€29,467
Financing
+€11,106
Debts after one year
-€10,541
Current portion of long-term debt
+€6,647
Short-term financial debts
+€15,000
Cash 2025
€57,921
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €628,044 | €721,777 | +€93,733 | +14.9% |
| Fixed assets | 21/28 | €438,354 | €456,179 | +€17,826 | +4.1% |
| Tangible fixed assets | 22/27 | €438,354 | €456,179 | +€17,826 | +4.1% |
| Land and buildings | 22 | €398,392 | €395,311 | -€3,081 | -0.8% |
| Plant, machinery and equipment | 23 | €11,168 | €37,481 | +€26,313 | +236% |
| Furniture and vehicles | 24 | €28,793 | €23,388 | -€5,405 | -18.8% |
| Current assets | 29/58 | €189,690 | €265,598 | +€75,907 | +40.0% |
| Stocks and contracts in progress | 3 | €29,895 | €36,899 | +€7,005 | +23.4% |
| Stocks | 30/36 | €29,895 | €36,899 | +€7,005 | +23.4% |
| Amounts receivable within one year | 40/41 | €139,007 | €165,435 | +€26,428 | +19.0% |
| Trade receivables | 40 | €139,007 | €158,875 | +€19,868 | +14.3% |
| Other amounts receivable | 41 | €0 | €6,559 | +€6,559 | |
| Cash at bank and in hand | 54/58 | €16,463 | €57,921 | +€41,458 | +252% |
| Deferred charges and accrued income | 490/1 | €4,326 | €5,342 | +€1,016 | +23.5% |
| Total equity and liabilities | 10/49 | €628,044 | €721,777 | +€93,733 | +14.9% |
| Equity | 10/15 | €360,623 | €392,339 | +€31,716 | +8.8% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Revaluation surpluses | 12 | €207,812 | €207,812 | = | 0.0% |
| Reserves | 13 | €134,061 | €165,777 | +€31,716 | +23.7% |
| Non-distributable reserves | 130/1 | €1,875 | €0 | -€1,875 | -100% |
| Reserves not available under the articles | 1311 | €1,875 | €0 | -€1,875 | -100% |
| Tax-exempt reserves | 132 | €5,900 | €5,900 | = | 0.0% |
| Distributable reserves | 133 | €126,286 | €159,877 | +€33,591 | +26.6% |
| Amounts payable | 17/49 | €267,421 | €329,438 | +€62,017 | +23.2% |
| Amounts payable after more than one year | 17 | €59,772 | €49,231 | -€10,541 | -17.6% |
| Financial debts | 170/4 | €59,772 | €49,231 | -€10,541 | -17.6% |
| Amounts payable within one year | 42/48 | €206,803 | €277,040 | +€70,236 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €24,402 | €31,049 | +€6,647 | +27.2% |
| Financial debts | 43 | €75,000 | €90,000 | +€15,000 | +20.0% |
| Credit institutions | 430/8 | €75,000 | €90,000 | +€15,000 | +20.0% |
| Trade debts | 44 | €72,208 | €135,790 | +€63,582 | +88.1% |
| Suppliers | 440/4 | €72,208 | €135,790 | +€63,582 | +88.1% |
| Taxes, remuneration and social security | 45 | €34,506 | €20,200 | -€14,306 | -41.5% |
| Taxes | 450/3 | €12,725 | €4,310 | -€8,415 | -66.1% |
| Remuneration and social security | 454/9 | €21,781 | €15,891 | -€5,891 | -27.0% |
| Other amounts payable | 47/48 | €687 | €0 | -€687 | -100% |
| Accrued charges and deferred income | 492/3 | €845 | €3,167 | +€2,321 | +275% |
| Non-recurring operating income | 76A | - | €9,839 | +€9,839 | |
| Remuneration, social security and pensions | 62 | €92,594 | €116,244 | +€23,650 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,051 | €11,641 | +€2,591 | +28.6% |
| Other operating charges | 640/8 | €6,795 | €7,055 | +€260 | +3.8% |
| Gross operating margin | 9900 | €183,183 | €183,705 | +€522 | +0.3% |
| Operating profit (loss) | 9901 | €74,744 | €48,765 | -€25,979 | -34.8% |
| Financial income | 75/76B | €6 | €286 | +€280 | +4,517% |
| Recurring financial income | 75 | €6 | €286 | +€280 | +4,517% |
| Financial charges | 65/66B | €10,723 | €9,912 | -€811 | -7.6% |
| Recurring financial charges | 65 | €10,723 | €9,912 | -€811 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €64,026 | €39,138 | -€24,888 | -38.9% |
| Income taxes | 67/77 | €13,275 | €7,422 | -€5,854 | -44.1% |
| Profit (loss) for the period | 9904 | €50,751 | €31,716 | -€19,035 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,751 | €31,716 | -€19,035 | -37.5% |
Next steps
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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 7 November 2026 via checked.be.