AL HAKIM: 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 HAKIM
Largest movements
- Receivables within one year +€36,421
up €36,421 (+159%), from €22,837 to €59,257
of which Trade receivables: +€29,960
- Tangible fixed assets +€9,801
up €9,801 (+99.3%), from €9,872 to €19,673
- Cash +€6,539
up €6,539 (+184%), from €3,556 to €10,096
mainly Trade debts (+€31,686) and Net result for the year (+€13,184)
- Deferred charges and accrued income +€1,589
up €1,589 (+289%), from €550 to €2,139
- Trade debts +€31,686
up €31,686 (+388%), from €8,167 to €39,853
- Profit (loss) carried forward +€13,184
up €13,184 (+72.2%), from €18,248 to €31,432
- Tax, wage and social debts +€5,480
up €5,480 (+1,370%), from €400 to €5,880
of which Taxes: +€5,880
- Other debts +€4,000
new in 2025: €4,000
- Taxes +€8,375
new in 2025: €8,375
- Gross operating margin +€8,046
up €8,046 (+33.8%), from €23,782 to €31,829
- Staff costs -€2,100
no longer reported in 2025 (was €2,100)
- Depreciation +€802
up €802 (+31.8%), from €2,525 to €3,327
- Other operating charges -€728
down €728 (-83.8%), from €869 to €141
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 | €36,815 | €91,165 | +€54,349 | +148% |
| Fixed assets | 21/28 | €9,872 | €19,673 | +€9,801 | +99.3% |
| Tangible fixed assets | 22/27 | €9,872 | €19,673 | +€9,801 | +99.3% |
| Furniture and vehicles | 24 | €9,872 | €19,673 | +€9,801 | +99.3% |
| Current assets | 29/58 | €26,943 | €71,492 | +€44,549 | +165% |
| Amounts receivable within one year | 40/41 | €22,837 | €59,257 | +€36,421 | +159% |
| Trade receivables | 40 | €6,914 | €36,874 | +€29,960 | +433% |
| Other amounts receivable | 41 | €15,923 | €22,384 | +€6,461 | +40.6% |
| Cash at bank and in hand | 54/58 | €3,556 | €10,096 | +€6,539 | +184% |
| Deferred charges and accrued income | 490/1 | €550 | €2,139 | +€1,589 | +289% |
| Total equity and liabilities | 10/49 | €36,815 | €91,165 | +€54,349 | +148% |
| Equity | 10/15 | €28,248 | €41,432 | +€13,184 | +46.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,248 | €31,432 | +€13,184 | +72.2% |
| Amounts payable | 17/49 | €8,567 | €49,733 | +€41,166 | +481% |
| Amounts payable within one year | 42/48 | €8,567 | €49,733 | +€41,166 | +481% |
| Trade debts | 44 | €8,167 | €39,853 | +€31,686 | +388% |
| Suppliers | 440/4 | €8,167 | €39,853 | +€31,686 | +388% |
| Taxes, remuneration and social security | 45 | €400 | €5,880 | +€5,480 | +1,370% |
| Taxes | 450/3 | - | €5,880 | +€5,880 | |
| Remuneration and social security | 454/9 | €400 | - | -€400 | |
| Other amounts payable | 47/48 | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €2,100 | - | -€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,525 | €3,327 | +€802 | +31.8% |
| Other operating charges | 640/8 | €869 | €141 | -€728 | -83.8% |
| Non-recurring operating charges | 66A | - | €7,393 | +€7,393 | |
| Gross operating margin | 9900 | €23,782 | €31,829 | +€8,046 | +33.8% |
| Operating profit (loss) | 9901 | €18,289 | €20,968 | +€2,678 | +14.6% |
| Financial income | 75/76B | €0 | €663 | +€663 | +6,631,900% |
| Recurring financial income | 75 | €0 | €663 | +€663 | +6,631,900% |
| Financial charges | 65/66B | €41 | €72 | +€31 | +76.0% |
| Recurring financial charges | 65 | €41 | €72 | +€31 | +76.0% |
| Profit (loss) for the period before taxes | 9903 | €18,248 | €21,559 | +€3,310 | +18.1% |
| Income taxes | 67/77 | - | €8,375 | +€8,375 | |
| Profit (loss) for the period | 9904 | €18,248 | €13,184 | -€5,065 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,248 | €13,184 | -€5,065 | -27.8% |
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 19 October 2026 via checked.be.