AL MADINA: 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 MADINA
Largest movements
- Stocks and contracts +€2,225
new in 2024: €2,225
- Cash -€2,019
down €2,019 (-98.7%), from €2,045 to €27
- Receivables within one year +€389
up €389 (+49.1%), from €793 to €1,181
- Deferred charges and accrued income -€79
no longer reported in 2024 (was €79)
- Other debts +€5,426
up €5,426 (+684%), from €793 to €6,219
- Profit (loss) carried forward -€4,631
down €4,631 (-266%), from -€1,740 to -€6,371
- Trade debts -€278
down €278 (-8.3%), from €3,364 to €3,086
- Turnover -€2,183
down €2,183 (-27.4%), from €7,981 to €5,798
- Purchases and services -€1,212
down €1,212 (-12.8%), from €9,475 to €8,263
- Gross operating margin -€1,172
down €1,172 (-95.1%), from -€1,233 to -€2,405
- Other operating charges -€294
no longer reported in 2024 (was €294)
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,917 | €3,433 | +€516 | +17.7% |
| Current assets | 29/58 | €2,917 | €3,433 | +€516 | +17.7% |
| Stocks and contracts in progress | 3 | - | €2,225 | +€2,225 | |
| Stocks | 30/36 | - | €2,225 | +€2,225 | |
| Amounts receivable within one year | 40/41 | €793 | €1,181 | +€389 | +49.1% |
| Other amounts receivable | 41 | €793 | €1,181 | +€389 | +49.1% |
| Cash at bank and in hand | 54/58 | €2,045 | €27 | -€2,019 | -98.7% |
| Deferred charges and accrued income | 490/1 | €79 | - | -€79 | |
| Total equity and liabilities | 10/49 | €2,917 | €3,433 | +€516 | +17.7% |
| Equity | 10/15 | -€1,240 | -€5,871 | -€4,631 | -373% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,740 | -€6,371 | -€4,631 | -266% |
| Amounts payable | 17/49 | €4,157 | €9,305 | +€5,148 | +124% |
| Amounts payable within one year | 42/48 | €4,157 | €9,305 | +€5,148 | +124% |
| Trade debts | 44 | €3,364 | €3,086 | -€278 | -8.3% |
| Suppliers | 440/4 | €3,364 | €3,086 | -€278 | -8.3% |
| Other amounts payable | 47/48 | €793 | €6,219 | +€5,426 | +684% |
| Turnover | 70 | €7,981 | €5,798 | -€2,183 | -27.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,475 | €8,263 | -€1,212 | -12.8% |
| Other operating charges | 640/8 | €294 | - | -€294 | |
| Gross operating margin | 9900 | -€1,233 | -€2,405 | -€1,172 | -95.1% |
| Operating profit (loss) | 9901 | -€1,526 | -€2,405 | -€879 | -57.6% |
| Financial charges | 65/66B | €88 | €64 | -€24 | -27.2% |
| Recurring financial charges | 65 | €88 | €64 | -€24 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,614 | -€2,469 | -€855 | -53.0% |
| Income taxes | 67/77 | €74 | - | -€74 | |
| Profit (loss) for the period | 9904 | -€1,689 | -€2,469 | -€780 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,689 | -€2,469 | -€780 | -46.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.