AL KASBAH: 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 KASBAH
Largest movements
- Cash -€26,782
down €26,782 (-41.4%), from €64,699 to €37,917
mainly Other debts (-€30,259) and Net result for the year (-€11,837)
- Deferred charges and accrued income -€5,187
down €5,187 (-36.3%), from €14,285 to €9,098
- Tangible fixed assets -€4,403
down €4,403 (-35.3%), from €12,488 to €8,085
- Receivables within one year +€4,154
up €4,154 (+32.2%), from €12,888 to €17,043
of which Trade receivables: +€6,333
- Stocks and contracts +€2,467
up €2,467 (+11.5%), from €21,360 to €23,827
- Other debts -€30,259
down €30,259 (-43.5%), from €69,483 to €39,224
- Tax, wage and social debts +€20,126
up €20,126 (+70.6%), from €28,491 to €48,617
of which Taxes: +€10,599
- Profit (loss) carried forward -€11,837
down €11,837 (-41.7%), from -€28,359 to -€40,195
- Trade debts -€6,535
down €6,535 (-12.8%), from €50,909 to €44,374
- Debts after one year -€1,393
no longer reported in 2025 (was €1,393)
- Gross operating margin -€30,721
down €30,721 (-30.0%), from €102,490 to €71,769
- Other operating charges -€4,473
down €4,473 (-65.2%), from €6,861 to €2,388
- Staff costs -€4,365
down €4,365 (-6.1%), from €71,389 to €67,024
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 | €126,454 | €96,702 | -€29,752 | -23.5% |
| Fixed assets | 21/28 | €13,222 | €8,819 | -€4,403 | -33.3% |
| Tangible fixed assets | 22/27 | €12,488 | €8,085 | -€4,403 | -35.3% |
| Plant, machinery and equipment | 23 | €4,584 | €3,291 | -€1,293 | -28.2% |
| Furniture and vehicles | 24 | €3,813 | €2,407 | -€1,407 | -36.9% |
| Leasing and similar rights | 25 | €3,325 | €1,735 | -€1,590 | -47.8% |
| Other tangible fixed assets | 26 | €766 | €652 | -€114 | -14.8% |
| Financial fixed assets | 28 | €734 | €734 | = | 0.0% |
| Current assets | 29/58 | €113,232 | €87,884 | -€25,348 | -22.4% |
| Stocks and contracts in progress | 3 | €21,360 | €23,827 | +€2,467 | +11.5% |
| Stocks | 30/36 | €21,360 | €23,827 | +€2,467 | +11.5% |
| Amounts receivable within one year | 40/41 | €12,888 | €17,043 | +€4,154 | +32.2% |
| Trade receivables | 40 | €6,729 | €13,062 | +€6,333 | +94.1% |
| Other amounts receivable | 41 | €6,160 | €3,981 | -€2,179 | -35.4% |
| Cash at bank and in hand | 54/58 | €64,699 | €37,917 | -€26,782 | -41.4% |
| Deferred charges and accrued income | 490/1 | €14,285 | €9,098 | -€5,187 | -36.3% |
| Total equity and liabilities | 10/49 | €126,454 | €96,702 | -€29,752 | -23.5% |
| Equity | 10/15 | -€25,359 | -€37,195 | -€11,837 | -46.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,359 | -€40,195 | -€11,837 | -41.7% |
| Amounts payable | 17/49 | €151,812 | €133,897 | -€17,915 | -11.8% |
| Amounts payable after more than one year | 17 | €1,393 | - | -€1,393 | |
| Financial debts | 170/4 | €1,393 | - | -€1,393 | |
| Amounts payable within one year | 42/48 | €150,419 | €133,897 | -€16,522 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €1,536 | €1,682 | +€146 | +9.5% |
| Trade debts | 44 | €50,909 | €44,374 | -€6,535 | -12.8% |
| Suppliers | 440/4 | €50,909 | €44,374 | -€6,535 | -12.8% |
| Taxes, remuneration and social security | 45 | €28,491 | €48,617 | +€20,126 | +70.6% |
| Taxes | 450/3 | €6,697 | €17,296 | +€10,599 | +158% |
| Remuneration and social security | 454/9 | €21,795 | €31,322 | +€9,527 | +43.7% |
| Other amounts payable | 47/48 | €69,483 | €39,224 | -€30,259 | -43.5% |
| Remuneration, social security and pensions | 62 | €71,389 | €67,024 | -€4,365 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,379 | €4,403 | +€24 | +0.6% |
| Other operating charges | 640/8 | €6,861 | €2,388 | -€4,473 | -65.2% |
| Non-recurring operating charges | 66A | €650 | - | -€650 | |
| Gross operating margin | 9900 | €102,490 | €71,769 | -€30,721 | -30.0% |
| Operating profit (loss) | 9901 | €19,212 | -€2,047 | -€21,259 | |
| Financial charges | 65/66B | €9,710 | €9,790 | +€79 | +0.8% |
| Recurring financial charges | 65 | €9,710 | €9,790 | +€79 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €9,502 | -€11,837 | -€21,338 | |
| Profit (loss) for the period | 9904 | €9,502 | -€11,837 | -€21,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,502 | -€11,837 | -€21,338 |
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 28 October 2026 via checked.be.