AL GH'RIB: 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 GH'RIB
Largest movements
- Tangible fixed assets +€2,519
new in 2025: €2,519
- Receivables within one year -€2,460
down €2,460 (-51.5%), from €4,775 to €2,316
of which Trade receivables: -€1,500
- Stocks and contracts -€2,000
down €2,000 (-5.8%), from €34,417 to €32,417
- Cash +€501
up €501 (+19.2%), from €2,615 to €3,116
mainly Receivables within one year (+€2,460) and Stocks and contracts (+€2,000)
- Trade debts -€995
down €995 (-88.4%), from €1,126 to €130
- Tax, wage and social debts -€865
down €865 (-38.2%), from €2,266 to €1,401
- Staff costs +€16,500
new in 2025: €16,500
- Gross operating margin +€7,331
up €7,331 (+58.7%), from €12,480 to €19,811
- Other operating charges -€4,968
down €4,968 (-79.6%), from €6,237 to €1,269
- Financial charges -€1,476
down €1,476 (-59.1%), from €2,498 to €1,022
of which Non-recurring financial charges: -€1,166
- Taxes -€722
down €722 (-89.2%), from €810 to €88
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 | €44,727 | €43,550 | -€1,177 | -2.6% |
| Fixed assets | 21/28 | €2,920 | €5,439 | +€2,519 | +86.3% |
| Tangible fixed assets | 22/27 | - | €2,519 | +€2,519 | |
| Other tangible fixed assets | 26 | - | €2,519 | +€2,519 | |
| Financial fixed assets | 28 | €2,920 | €2,920 | = | 0.0% |
| Current assets | 29/58 | €41,807 | €38,111 | -€3,696 | -8.8% |
| Stocks and contracts in progress | 3 | €34,417 | €32,417 | -€2,000 | -5.8% |
| Stocks | 30/36 | €34,417 | €32,417 | -€2,000 | -5.8% |
| Amounts receivable within one year | 40/41 | €4,775 | €2,316 | -€2,460 | -51.5% |
| Trade receivables | 40 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Other amounts receivable | 41 | €1,775 | €816 | -€960 | -54.1% |
| Cash at bank and in hand | 54/58 | €2,615 | €3,116 | +€501 | +19.2% |
| Deferred charges and accrued income | 490/1 | - | €263 | +€263 | |
| Total equity and liabilities | 10/49 | €44,727 | €43,550 | -€1,177 | -2.6% |
| Equity | 10/15 | €41,218 | €41,570 | +€352 | +0.9% |
| 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 | €20,758 | €21,110 | +€352 | +1.7% |
| Amounts payable | 17/49 | €3,508 | €1,980 | -€1,528 | -43.6% |
| Amounts payable within one year | 42/48 | €3,508 | €1,980 | -€1,528 | -43.6% |
| Trade debts | 44 | €1,126 | €130 | -€995 | -88.4% |
| Suppliers | 440/4 | €1,126 | €130 | -€995 | -88.4% |
| Taxes, remuneration and social security | 45 | €2,266 | €1,401 | -€865 | -38.2% |
| Taxes | 450/3 | €2,266 | €1,401 | -€865 | -38.2% |
| Other amounts payable | 47/48 | €117 | €449 | +€332 | +284% |
| Remuneration, social security and pensions | 62 | - | €16,500 | +€16,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €581 | +€581 | |
| Other operating charges | 640/8 | €6,237 | €1,269 | -€4,968 | -79.6% |
| Gross operating margin | 9900 | €12,480 | €19,811 | +€7,331 | +58.7% |
| Operating profit (loss) | 9901 | €6,243 | €1,461 | -€4,782 | -76.6% |
| Financial income | 75/76B | €45 | €1 | -€44 | -98.2% |
| Recurring financial income | 75 | €45 | €1 | -€44 | -98.2% |
| Non-recurring financial income | 76B | €45 | - | -€45 | |
| Financial charges | 65/66B | €2,498 | €1,022 | -€1,476 | -59.1% |
| Recurring financial charges | 65 | €1,332 | €1,022 | -€310 | -23.3% |
| Non-recurring financial charges | 66B | €1,166 | - | -€1,166 | |
| Profit (loss) for the period before taxes | 9903 | €3,790 | €439 | -€3,350 | -88.4% |
| Income taxes | 67/77 | €810 | €88 | -€722 | -89.2% |
| Profit (loss) for the period | 9904 | €2,979 | €352 | -€2,628 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,979 | €352 | -€2,628 | -88.2% |
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 23 October 2026 via checked.be.