AL-MUBARAK: 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-MUBARAK
Largest movements
- Receivables within one year +€17,373
new in 2025: €17,373
- Cash -€13,798
down €13,798 (-98.6%), from €13,992 to €194
mainly Receivables within one year (-€17,373) and Investment in fixed assets (net) (-€14,401)
- Tangible fixed assets +€8,139
up €8,139 (+12.9%), from €63,195 to €71,334
- Profit (loss) carried forward +€8,920
up €8,920 (+14.0%), from €63,527 to €72,447
- Tax, wage and social debts +€3,247
up €3,247 (+110%), from €2,941 to €6,188
- Gross operating margin +€2,155
up €2,155 (+12.1%), from €17,801 to €19,956
- Depreciation +€1,192
up €1,192 (+23.5%), from €5,070 to €6,261
- Financial income +€471
new in 2025: €471
- Taxes +€306
up €306 (+10.4%), from €2,941 to €3,247
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 | €77,187 | €88,902 | +€11,715 | +15.2% |
| Fixed assets | 21/28 | €63,195 | €71,334 | +€8,139 | +12.9% |
| Tangible fixed assets | 22/27 | €63,195 | €71,334 | +€8,139 | +12.9% |
| Land and buildings | 22 | €63,195 | €71,334 | +€8,139 | +12.9% |
| Current assets | 29/58 | €13,992 | €17,568 | +€3,576 | +25.6% |
| Amounts receivable within one year | 40/41 | - | €17,373 | +€17,373 | |
| Other amounts receivable | 41 | - | €17,373 | +€17,373 | |
| Cash at bank and in hand | 54/58 | €13,992 | €194 | -€13,798 | -98.6% |
| Total equity and liabilities | 10/49 | €77,187 | €88,902 | +€11,715 | +15.2% |
| Equity | 10/15 | €72,194 | €81,114 | +€8,920 | +12.4% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,527 | €72,447 | +€8,920 | +14.0% |
| Amounts payable | 17/49 | €4,993 | €7,788 | +€2,795 | +56.0% |
| Amounts payable within one year | 42/48 | €4,993 | €7,788 | +€2,795 | +56.0% |
| Taxes, remuneration and social security | 45 | €2,941 | €6,188 | +€3,247 | +110% |
| Taxes | 450/3 | €2,941 | €6,188 | +€3,247 | +110% |
| Other amounts payable | 47/48 | €2,052 | €1,600 | -€452 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,070 | €6,261 | +€1,192 | +23.5% |
| Other operating charges | 640/8 | €1,882 | €1,941 | +€59 | +3.1% |
| Gross operating margin | 9900 | €17,801 | €19,956 | +€2,155 | +12.1% |
| Operating profit (loss) | 9901 | €10,849 | €11,754 | +€905 | +8.3% |
| Financial income | 75/76B | - | €471 | +€471 | |
| Recurring financial income | 75 | - | €471 | +€471 | |
| Financial charges | 65/66B | €55 | €57 | +€2 | +3.5% |
| Recurring financial charges | 65 | €55 | €57 | +€2 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €10,793 | €12,167 | +€1,374 | +12.7% |
| Income taxes | 67/77 | €2,941 | €3,247 | +€306 | +10.4% |
| Profit (loss) for the period | 9904 | €7,852 | €8,920 | +€1,068 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,852 | €8,920 | +€1,068 | +13.6% |
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 31 October 2026 via checked.be.