AL MACHREQ: what changed
Two fiscal 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 MACHREQ
Largest movements
- Cash -€9,195
down €9,195 (-44.8%), from €20,522 to €11,326
mainly Net result for the year (-€12,005) and Receivables within one year (-€2,434)
- Receivables within one year +€2,434
new in 2024: €2,434
- Profit (loss) carried forward -€12,005
down €12,005 (-183.4%), from -€6,547 to -€18,551
- Trade debts +€4,395
up €4,395 (+38.3%), from €11,474 to €15,869
- Tax, wage and social debts +€913
up €913 (+16.5%), from €5,531 to €6,443
of which Remuneration and social security: +€4,557
- Gross operating margin -€25,836
down €25,836, from €16,080 to -€9,756
- Staff costs -€11,739
no longer reported in 2024 (was €11,739)
- Financial charges -€1,101
down €1,101 (-92.0%), from €1,197 to €96
- Other operating charges +€970
up €970 (+82.1%), from €1,182 to €2,153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,522 | €13,761 | -€6,761 | -32.9% |
| Current assets | 29/58 | €20,522 | €13,761 | -€6,761 | -32.9% |
| Amounts receivable within one year | 40/41 | - | €2,434 | +€2,434 | |
| Other amounts receivable | 41 | - | €2,434 | +€2,434 | |
| Cash at bank and in hand | 54/58 | €20,522 | €11,326 | -€9,195 | -44.8% |
| Total equity and liabilities | 10/49 | €20,522 | €13,761 | -€6,761 | -32.9% |
| Equity | 10/15 | -€347 | -€12,351 | -€12,005 | -3460.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,547 | -€18,551 | -€12,005 | -183.4% |
| Amounts payable | 17/49 | €20,869 | €26,112 | +€5,243 | +25.1% |
| Amounts payable within one year | 42/48 | €20,869 | €26,112 | +€5,243 | +25.1% |
| Trade debts | 44 | €11,474 | €15,869 | +€4,395 | +38.3% |
| Suppliers | 440/4 | €11,474 | €15,869 | +€4,395 | +38.3% |
| Taxes, remuneration and social security | 45 | €5,531 | €6,443 | +€913 | +16.5% |
| Taxes | 450/3 | €5,531 | €1,886 | -€3,645 | -65.9% |
| Remuneration and social security | 454/9 | - | €4,557 | +€4,557 | |
| Other amounts payable | 47/48 | €3,864 | €3,800 | -€64 | -1.7% |
| Non-recurring operating income | 76A | €60 | - | -€60 | |
| Remuneration, social security and pensions | 62 | €11,739 | - | -€11,739 | |
| Other operating charges | 640/8 | €1,182 | €2,153 | +€970 | +82.1% |
| Gross operating margin | 9900 | €16,080 | -€9,756 | -€25,836 | |
| Operating profit (loss) | 9901 | €3,158 | -€11,909 | -€15,067 | |
| Financial charges | 65/66B | €1,197 | €96 | -€1,101 | -92.0% |
| Recurring financial charges | 65 | €1,197 | €96 | -€1,101 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | €1,962 | -€12,005 | -€13,966 | |
| Profit (loss) for the period | 9904 | €1,962 | -€12,005 | -€13,966 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,962 | -€12,005 | -€13,966 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.