AL BADRE: 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.
AL BADRE
Largest movements
- Receivables within one year +€266,742
up €266,742 (+831%), from €32,095 to €298,837
of which Other amounts receivable: +€259,100
- Stocks and contracts -€33,876
down €33,876 (-18.5%), from €183,300 to €149,425
- Cash +€14,857
up €14,857 (+4.6%), from €326,104 to €340,961
mainly Trade debts (+€244,013) and Current portion of long-term debt (+€41,838)
- Trade debts +€244,013
up €244,013 (+85.9%), from €283,928 to €527,942
- Short-term financial debts -€59,151
no longer reported in 2024 (was €59,151)
- Current portion of long-term debt +€41,838
new in 2024: €41,838
- Reserves +€40,468
up €40,468 (+56.5%), from €71,660 to €112,129
of which Distributable reserves: +€40,468
- Profit (loss) carried forward -€23,851
down €23,851 (-16.2%), from €147,345 to €123,494
- Purchases and services -€2.6m
no longer reported in 2024 (was €2.6m)
- Turnover -€303,815
no longer reported in 2024 (was €303,815)
- Taxes +€45,553
new in 2024: €45,553
- Financial income -€35,850
no longer reported in 2024 (was €35,850)
- Other operating charges -€14,971
down €14,971 (-70.5%), from €21,222 to €6,252
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €656,980 | €892,547 | +€235,567 | +35.9% |
| Fixed assets | 21/28 | €109,772 | €103,325 | -€6,447 | -5.9% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €103,172 | €95,475 | -€7,697 | -7.5% |
| Plant, machinery and equipment | 23 | €31,389 | €32,315 | +€926 | +2.9% |
| Furniture and vehicles | 24 | €71,783 | €63,160 | -€8,623 | -12.0% |
| Other tangible fixed assets | 26 | €0 | - | -€0 | |
| Financial fixed assets | 28 | €6,600 | €7,850 | +€1,250 | +18.9% |
| Current assets | 29/58 | €547,208 | €789,222 | +€242,014 | +44.2% |
| Stocks and contracts in progress | 3 | €183,300 | €149,425 | -€33,876 | -18.5% |
| Stocks | 30/36 | €183,300 | €149,425 | -€33,876 | -18.5% |
| Amounts receivable within one year | 40/41 | €32,095 | €298,837 | +€266,742 | +831% |
| Trade receivables | 40 | €3,150 | €10,792 | +€7,642 | +243% |
| Other amounts receivable | 41 | €28,945 | €288,045 | +€259,100 | +895% |
| Cash at bank and in hand | 54/58 | €326,104 | €340,961 | +€14,857 | +4.6% |
| Deferred charges and accrued income | 490/1 | €5,710 | - | -€5,710 | |
| Total equity and liabilities | 10/49 | €656,980 | €892,547 | +€235,567 | +35.9% |
| Equity | 10/15 | €237,605 | €254,223 | +€16,618 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €71,660 | €112,129 | +€40,468 | +56.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €69,800 | €110,269 | +€40,468 | +58.0% |
| Profit (loss) carried forward | 14 | €147,345 | €123,494 | -€23,851 | -16.2% |
| Amounts payable | 17/49 | €419,375 | €638,325 | +€218,949 | +52.2% |
| Amounts payable within one year | 42/48 | €417,475 | €637,929 | +€220,454 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | - | €41,838 | +€41,838 | |
| Financial debts | 43 | €59,151 | - | -€59,151 | |
| Credit institutions | 430/8 | €59,151 | - | -€59,151 | |
| Trade debts | 44 | €283,928 | €527,942 | +€244,013 | +85.9% |
| Suppliers | 440/4 | €283,928 | €527,942 | +€244,013 | +85.9% |
| Taxes, remuneration and social security | 45 | €74,396 | €68,149 | -€6,247 | -8.4% |
| Taxes | 450/3 | €17,783 | €34,218 | +€16,435 | +92.4% |
| Remuneration and social security | 454/9 | €56,614 | €33,931 | -€22,683 | -40.1% |
| Accrued charges and deferred income | 492/3 | €1,900 | €395 | -€1,505 | -79.2% |
| Turnover | 70 | €303,815 | - | -€303,815 | |
| Non-recurring operating income | 76A | €2,903 | €8,873 | +€5,971 | +206% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,587,941 | - | -€2.6m | |
| Remuneration, social security and pensions | 62 | €303,815 | €310,387 | +€6,572 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,617 | €29,067 | +€5,450 | +23.1% |
| Other operating charges | 640/8 | €21,222 | €6,252 | -€14,971 | -70.5% |
| Non-recurring operating charges | 66A | - | €2,768 | +€2,768 | |
| Gross operating margin | 9900 | €442,393 | €430,311 | -€12,082 | -2.7% |
| Operating profit (loss) | 9901 | €93,739 | €81,837 | -€11,902 | -12.7% |
| Financial income | 75/76B | €35,850 | - | -€35,850 | |
| Recurring financial income | 75 | €35,850 | - | -€35,850 | |
| Financial charges | 65/66B | €22,713 | €19,667 | -€3,046 | -13.4% |
| Recurring financial charges | 65 | €22,713 | €19,667 | -€3,046 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €106,876 | €62,171 | -€44,706 | -41.8% |
| Income taxes | 67/77 | - | €45,553 | +€45,553 | |
| Profit (loss) for the period | 9904 | €106,876 | €16,618 | -€90,258 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €106,876 | €16,618 | -€90,258 | -84.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.