Al-Bazaar: 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-Bazaar
Largest movements
- Current investments -€50,000
down €50,000 (-66.7%), from €75,000 to €25,000
- Tangible fixed assets +€30,654
up €30,654 (+30.4%), from €100,818 to €131,472
of which Furniture and vehicles: +€60,482
- Cash +€16,329
up €16,329 (+19.1%), from €85,675 to €102,004
mainly Depreciation (+€51,339) and Current investments (+€50,000)
- Receivables within one year -€6,222
down €6,222 (-10.4%), from €59,672 to €53,450
- Stocks and contracts +€4,767
up €4,767 (+23.5%), from €20,307 to €25,074
- Debts after one year -€34,698
down €34,698 (-42.4%), from €81,845 to €47,147
- Other debts +€29,988
up €29,988 (+144.5%), from €20,755 to €50,743
- Reserves +€13,252
up €13,252 (+8.8%), from €150,479 to €163,730
- Tax, wage and social debts -€11,854
down €11,854 (-44.1%), from €26,855 to €15,001
of which Taxes: -€14,854
- Taxes -€3,297
down €3,297 (-22.0%), from €14,971 to €11,673
- Financial income +€2,632
up €2,632 (+2197.3%), from €120 to €2,752
- Financial charges +€2,301
up €2,301 (+453.2%), from €508 to €2,808
- Depreciation +€2,253
up €2,253 (+4.6%), from €49,086 to €51,339
- Gross operating margin -€1,813
down €1,813 (-2.1%), from €84,679 to €82,866
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.
Cash bridge derived
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 | €354,947 | €353,063 | -€1,884 | -0.5% |
| Fixed assets | 21/28 | €112,680 | €145,404 | +€32,724 | +29.0% |
| Tangible fixed assets | 22/27 | €100,818 | €131,472 | +€30,654 | +30.4% |
| Plant, machinery and equipment | 23 | €79,853 | €50,026 | -€29,828 | -37.4% |
| Furniture and vehicles | 24 | €20,964 | €81,446 | +€60,482 | +288.5% |
| Financial fixed assets | 28 | €11,862 | €13,932 | +€2,070 | +17.5% |
| Current assets | 29/58 | €242,267 | €207,659 | -€34,608 | -14.3% |
| Stocks and contracts in progress | 3 | €20,307 | €25,074 | +€4,767 | +23.5% |
| Stocks | 30/36 | €20,307 | €25,074 | +€4,767 | +23.5% |
| Amounts receivable within one year | 40/41 | €59,672 | €53,450 | -€6,222 | -10.4% |
| Trade receivables | 40 | €59,672 | €53,450 | -€6,222 | -10.4% |
| Current investments | 50/53 | €75,000 | €25,000 | -€50,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €85,675 | €102,004 | +€16,329 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,614 | €2,132 | +€518 | +32.1% |
| Total equity and liabilities | 10/49 | €354,947 | €353,063 | -€1,884 | -0.5% |
| Equity | 10/15 | €156,679 | €169,930 | +€13,252 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,479 | €163,730 | +€13,252 | +8.8% |
| Distributable reserves | 133 | €150,479 | €163,730 | +€13,252 | +8.8% |
| Amounts payable | 17/49 | €198,268 | €183,133 | -€15,135 | -7.6% |
| Amounts payable after more than one year | 17 | €81,845 | €47,147 | -€34,698 | -42.4% |
| Financial debts | 170/4 | €81,845 | €47,147 | -€34,698 | -42.4% |
| Amounts payable within one year | 42/48 | €116,423 | €134,447 | +€18,023 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €34,273 | €34,698 | +€425 | +1.2% |
| Trade debts | 44 | €34,541 | €34,005 | -€535 | -1.6% |
| Suppliers | 440/4 | €34,541 | €34,005 | -€535 | -1.6% |
| Taxes, remuneration and social security | 45 | €26,855 | €15,001 | -€11,854 | -44.1% |
| Taxes | 450/3 | €26,855 | €12,001 | -€14,854 | -55.3% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €20,755 | €50,743 | +€29,988 | +144.5% |
| Accrued charges and deferred income | 492/3 | - | €1,539 | +€1,539 | |
| Non-recurring operating income | 76A | €5,691 | - | -€5,691 | |
| Remuneration, social security and pensions | 62 | €2,004 | €2,300 | +€296 | +14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,086 | €51,339 | +€2,253 | +4.6% |
| Other operating charges | 640/8 | €1,177 | €1,144 | -€32 | -2.8% |
| Gross operating margin | 9900 | €84,679 | €82,866 | -€1,813 | -2.1% |
| Operating profit (loss) | 9901 | €32,413 | €28,082 | -€4,331 | -13.4% |
| Financial income | 75/76B | €120 | €2,752 | +€2,632 | +2197.3% |
| Recurring financial income | 75 | €120 | €2,752 | +€2,632 | +2197.3% |
| Financial charges | 65/66B | €508 | €2,808 | +€2,301 | +453.2% |
| Recurring financial charges | 65 | €508 | €2,808 | +€2,301 | +453.2% |
| Profit (loss) for the period before taxes | 9903 | €32,025 | €28,025 | -€3,999 | -12.5% |
| Income taxes | 67/77 | €14,971 | €11,673 | -€3,297 | -22.0% |
| Profit (loss) for the period | 9904 | €17,054 | €16,352 | -€702 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,054 | €16,352 | -€702 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.