AL FARAJ: 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 FARAJ
Largest movements
- Receivables within one year +€17,719
up €17,719 (+70.6%), from €25,108 to €42,827
- Stocks and contracts +€13,065
up €13,065 (+65.8%), from €19,859 to €32,924
- Cash -€2,482
down €2,482 (-9.8%), from €25,446 to €22,964
mainly Receivables within one year (-€17,719) and Stocks and contracts (-€13,065)
- Profit (loss) carried forward +€23,380
up €23,380 (+61.4%), from €38,070 to €61,451
- Trade debts +€5,121
up €5,121 (+21.5%), from €23,815 to €28,936
- Turnover -€419,327
no longer reported in 2025 (was €419,327)
- Purchases and services -€411,825
no longer reported in 2025 (was €411,825)
- Gross operating margin +€18,095
up €18,095 (+241%), from €7,502 to €25,597
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 | €85,767 | €114,069 | +€28,302 | +33.0% |
| Fixed assets | 21/28 | €15,353 | €15,353 | = | 0.0% |
| Financial fixed assets | 28 | €15,353 | €15,353 | = | 0.0% |
| Current assets | 29/58 | €70,414 | €98,716 | +€28,302 | +40.2% |
| Stocks and contracts in progress | 3 | €19,859 | €32,924 | +€13,065 | +65.8% |
| Stocks | 30/36 | €19,859 | €32,924 | +€13,065 | +65.8% |
| Amounts receivable within one year | 40/41 | €25,108 | €42,827 | +€17,719 | +70.6% |
| Other amounts receivable | 41 | €25,108 | €42,827 | +€17,719 | +70.6% |
| Cash at bank and in hand | 54/58 | €25,446 | €22,964 | -€2,482 | -9.8% |
| Total equity and liabilities | 10/49 | €85,767 | €114,069 | +€28,302 | +33.0% |
| Equity | 10/15 | €58,530 | €81,911 | +€23,380 | +39.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,070 | €61,451 | +€23,380 | +61.4% |
| Amounts payable | 17/49 | €27,237 | €32,158 | +€4,921 | +18.1% |
| Amounts payable within one year | 42/48 | €27,237 | €32,158 | +€4,921 | +18.1% |
| Trade debts | 44 | €23,815 | €28,936 | +€5,121 | +21.5% |
| Suppliers | 440/4 | €23,815 | €28,936 | +€5,121 | +21.5% |
| Taxes, remuneration and social security | 45 | €3,422 | €3,222 | -€200 | -5.8% |
| Remuneration and social security | 454/9 | €3,422 | €3,222 | -€200 | -5.8% |
| Turnover | 70 | €419,327 | - | -€419,327 | |
| Goods, raw materials, services and sundry goods | 60/61 | €411,825 | - | -€411,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €0 | -€485 | -100% |
| Other operating charges | 640/8 | €3,017 | €1,840 | -€1,177 | -39.0% |
| Gross operating margin | 9900 | €7,502 | €25,597 | +€18,095 | +241% |
| Operating profit (loss) | 9901 | €4,001 | €23,757 | +€19,756 | +494% |
| Financial income | 75/76B | €257 | €0 | -€257 | -100% |
| Recurring financial income | 75 | €257 | €0 | -€257 | -100% |
| Financial charges | 65/66B | €366 | €377 | +€11 | +3.1% |
| Recurring financial charges | 65 | €366 | €377 | +€11 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €3,892 | €23,380 | +€19,489 | +501% |
| Profit (loss) for the period | 9904 | €3,892 | €23,380 | +€19,489 | +501% |
| Profit (loss) for the period to be appropriated | 9905 | €3,892 | €23,380 | +€19,489 | +501% |
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 26 October 2026 via checked.be.