AL BASMALA: 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 BASMALA
Largest movements
- Receivables within one year +€200,901
up €200,901 (+627%), from €32,019 to €232,920
of which Trade receivables: +€144,560
- Stocks and contracts -€42,429
down €42,429 (-75.4%), from €56,261 to €13,832
- Tangible fixed assets +€42,099
up €42,099 (+1,052%), from €4,000 to €46,099
of which Furniture and vehicles: +€28,041
- Cash +€14,725
up €14,725 (+336%), from €4,383 to €19,108
- Profit (loss) carried forward +€159,980
up €159,980 (+780%), from €20,502 to €180,481
- Tax, wage and social debts +€42,217
up €42,217 (+687%), from €6,142 to €48,359
- Trade debts +€28,285
up €28,285 (+69.8%), from €40,526 to €68,811
- Other debts -€15,321
no longer reported in 2025 (was €15,321)
- Purchases and services +€522,788
up €522,788 (+111%), from €472,623 to €995,410
- Gross operating margin +€110,789
up €110,789 (+893%), from €12,410 to €123,199
- Taxes +€24,287
up €24,287 (+1,956%), from €1,242 to €25,529
- Depreciation +€11,215
up €11,215 (+462%), from €2,430 to €13,645
- Other operating charges +€3,751
up €3,751 (+107%), from €3,508 to €7,259
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,315 | €318,111 | +€215,796 | +211% |
| Fixed assets | 21/28 | €8,236 | €50,335 | +€42,099 | +511% |
| Tangible fixed assets | 22/27 | €4,000 | €46,099 | +€42,099 | +1,052% |
| Plant, machinery and equipment | 23 | - | €5,653 | +€5,653 | |
| Furniture and vehicles | 24 | €4,000 | €32,041 | +€28,041 | +701% |
| Leasing and similar rights | 25 | - | €8,405 | +€8,405 | |
| Financial fixed assets | 28 | €4,236 | €4,236 | = | 0.0% |
| Current assets | 29/58 | €94,079 | €267,777 | +€173,697 | +185% |
| Stocks and contracts in progress | 3 | €56,261 | €13,832 | -€42,429 | -75.4% |
| Stocks | 30/36 | €56,261 | €13,832 | -€42,429 | -75.4% |
| Amounts receivable within one year | 40/41 | €32,019 | €232,920 | +€200,901 | +627% |
| Trade receivables | 40 | €14,699 | €159,258 | +€144,560 | +983% |
| Other amounts receivable | 41 | €17,320 | €73,661 | +€56,341 | +325% |
| Cash at bank and in hand | 54/58 | €4,383 | €19,108 | +€14,725 | +336% |
| Deferred charges and accrued income | 490/1 | €1,417 | €1,917 | +€500 | +35.3% |
| Total equity and liabilities | 10/49 | €102,315 | €318,111 | +€215,796 | +211% |
| Equity | 10/15 | €40,326 | €200,941 | +€160,615 | +398% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,224 | €1,860 | +€636 | +51.9% |
| Non-distributable reserves | 130/1 | €1,224 | €1,860 | +€636 | +51.9% |
| Legal reserve | 130 | €1,224 | €1,860 | +€636 | +51.9% |
| Profit (loss) carried forward | 14 | €20,502 | €180,481 | +€159,980 | +780% |
| Amounts payable | 17/49 | €61,989 | €117,170 | +€55,181 | +89.0% |
| Amounts payable within one year | 42/48 | €61,989 | €117,170 | +€55,181 | +89.0% |
| Trade debts | 44 | €40,526 | €68,811 | +€28,285 | +69.8% |
| Suppliers | 440/4 | €40,526 | €68,811 | +€28,285 | +69.8% |
| Taxes, remuneration and social security | 45 | €6,142 | €48,359 | +€42,217 | +687% |
| Taxes | 450/3 | €6,142 | €48,359 | +€42,217 | +687% |
| Other amounts payable | 47/48 | €15,321 | - | -€15,321 | |
| Goods, raw materials, services and sundry goods | 60/61 | €472,623 | €995,410 | +€522,788 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,430 | €13,645 | +€11,215 | +462% |
| Other operating charges | 640/8 | €3,508 | €7,259 | +€3,751 | +107% |
| Non-recurring operating charges | 66A | €1,719 | - | -€1,719 | |
| Gross operating margin | 9900 | €12,410 | €123,199 | +€110,789 | +893% |
| Operating profit (loss) | 9901 | €4,753 | €102,295 | +€97,542 | +2,052% |
| Financial charges | 65/66B | €260 | €179 | -€82 | -31.4% |
| Recurring financial charges | 65 | €260 | €179 | -€82 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €4,492 | €102,116 | +€97,624 | +2,173% |
| Income taxes | 67/77 | €1,242 | €25,529 | +€24,287 | +1,956% |
| Profit (loss) for the period | 9904 | €3,250 | €76,587 | +€73,337 | +2,256% |
| Profit (loss) for the period to be appropriated | 9905 | €3,250 | €76,587 | +€73,337 | +2,256% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.