ALBAST: 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.
ALBAST
Largest movements
- Receivables within one year +€189,006
up €189,006 (+4,828%), from €3,914 to €192,920
of which Other amounts receivable: +€188,401
- Financial fixed assets +€40,000
up €40,000 (+31.8%), from €125,640 to €165,640
- Other debts +€204,311
up €204,311 (+108%), from €188,645 to €392,956
- Reserves +€17,281
up €17,281 (+69.7%), from €24,792 to €42,073
- Financial income -€7,935
down €7,935 (-100%), from €7,935 to €0
of which Non-recurring financial income: -€7,935
- Gross operating margin +€6,923
up €6,923 (+27.9%), from €24,847 to €31,769
- Taxes +€1,642
up €1,642 (+27.8%), from €5,901 to €7,543
- Financial charges +€1,035
up €1,035 (+267%), from €388 to €1,423
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 | €220,842 | €443,379 | +€222,537 | +101% |
| Fixed assets | 21/28 | €136,161 | €172,047 | +€35,887 | +26.4% |
| Tangible fixed assets | 22/27 | €10,521 | €6,407 | -€4,113 | -39.1% |
| Plant, machinery and equipment | 23 | €818 | €488 | -€330 | -40.3% |
| Furniture and vehicles | 24 | €9,703 | €5,919 | -€3,784 | -39.0% |
| Financial fixed assets | 28 | €125,640 | €165,640 | +€40,000 | +31.8% |
| Current assets | 29/58 | €84,682 | €271,332 | +€186,651 | +220% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,914 | €192,920 | +€189,006 | +4,828% |
| Trade receivables | 40 | €1,815 | €2,420 | +€605 | +33.3% |
| Other amounts receivable | 41 | €2,099 | €190,500 | +€188,401 | +8,974% |
| Cash at bank and in hand | 54/58 | €5,767 | €3,412 | -€2,355 | -40.8% |
| Total equity and liabilities | 10/49 | €220,842 | €443,379 | +€222,537 | +101% |
| Equity | 10/15 | €29,792 | €47,073 | +€17,281 | +58.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,792 | €42,073 | +€17,281 | +69.7% |
| Distributable reserves | 133 | €24,792 | €42,073 | +€17,281 | +69.7% |
| Amounts payable | 17/49 | €191,050 | €396,306 | +€205,256 | +107% |
| Amounts payable within one year | 42/48 | €191,050 | €396,306 | +€205,256 | +107% |
| Trade debts | 44 | €210 | €0 | -€210 | -100% |
| Suppliers | 440/4 | €210 | €0 | -€210 | -100% |
| Taxes, remuneration and social security | 45 | €2,194 | €3,350 | +€1,156 | +52.7% |
| Taxes | 450/3 | €2,194 | €3,350 | +€1,156 | +52.7% |
| Other amounts payable | 47/48 | €188,645 | €392,956 | +€204,311 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,113 | €4,113 | = | 0.0% |
| Other operating charges | 640/8 | €1,318 | €1,409 | +€91 | +6.9% |
| Gross operating margin | 9900 | €24,847 | €31,769 | +€6,923 | +27.9% |
| Operating profit (loss) | 9901 | €19,415 | €26,246 | +€6,832 | +35.2% |
| Financial income | 75/76B | €7,935 | €0 | -€7,935 | -100% |
| Recurring financial income | 75 | €0 | €0 | = | |
| Non-recurring financial income | 76B | €7,935 | €0 | -€7,935 | -100% |
| Financial charges | 65/66B | €388 | €1,423 | +€1,035 | +267% |
| Recurring financial charges | 65 | €388 | €1,423 | +€1,035 | +267% |
| Profit (loss) for the period before taxes | 9903 | €26,962 | €24,824 | -€2,138 | -7.9% |
| Income taxes | 67/77 | €5,901 | €7,543 | +€1,642 | +27.8% |
| Profit (loss) for the period | 9904 | €21,061 | €17,281 | -€3,780 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,061 | €17,281 | -€3,780 | -17.9% |
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 21 October 2026 via checked.be.